Cathay Pacific 2015 Annual Report Download - page 56

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Cathay Pacific Airways Limited
54
Note
2015
HK$M
2014
HK$M
2015
US$M
2014
US$M
Revenue
 Passengerservices 73,047 75,734 9,365 9,709
 Cargoservices 23,122 25,400 2,964 3,256
 Catering,recoveriesandotherservices 6,173 4,857 792 623
Total revenue 102,342 105,991 13,121 13,588
Expenses
 Staff (18,990) (18,101) (2,435) (2,321)
 Inflightserviceandpassengerexpenses (4,713) (4,438) (604) (569)
 Landing,parkingandrouteexpenses (14,675) (14,196) (1,882) (1,820)
 Fuel,includinghedginglosses (32,968) (40,299) (4,227) (5,167)
 Aircraftmaintenance (7,504) (7,077) (962) (907)
 Aircraftdepreciationandoperatingleases (10,883) (10,411) (1,395) (1,335)
 Otherdepreciation,amortisationandoperatingleases (2,310) (2,116) (296) (271)
 Commissions (798) (799) (102) (102)
 Others (2,837) (4,119) (364) (528)
Operating expenses (95,678) (101,556) (12,267) (13,020)
Operating profit 26,664 4,435 854 568
 Financecharges (1,380) (1,460) (177) (187)
 Financeincome 216 302 28 39
Net finance charges 3(1,164) (1,158) (149) (148)
Share of profits of associates 10 1,965 772 252 99
Profit before taxation 7,465 4,049 957 519
Taxation 4(1,157) (599) (148) (77)
Profit for the year 6,308 3,450 809 442
Non-controlling interests (308) (300) (40) (38)
Profit attributable to the shareholders of Cathay Pacific 6,000 3,150 769 404
Profit for the year 6,308 3,450 809 442
Other comprehensive income
 Itemsthatwillnotbereclassifiedtoprofitorloss:
  Definedbenefitplans (210) (316) (27) (40)
 Itemsthatmaybereclassifiedsubsequentlytoprofitorloss:
  Cashflowhedges (5,417) (12,468) (695) (1,598)
  Revaluationofavailable-for-salefinancialassets (321) 67 (41) 9
  Shareofothercomprehensiveincomeofassociates (741) (52) (95) (7)
  Exchangedifferencesontranslationofforeignoperations (1,060) (527) (136) (68)
Other comprehensive income for the year, net of taxation 5(7,749) (13,296) (994) (1,704)
Total comprehensive income for the year (1,441) (9,846) (185) (1,262)
Total comprehensive income attributable to
 ShareholdersofCathayPacific (1,749) (10,144) (224) (1,300)
 Non-controllinginterests 308 298 39 38
(1,441) (9,846) (185) (1,262)
Earnings per share (basic and diluted) 6 152.5¢ 80.1¢ 19.6¢ 10.3¢
The financial statements are prepared and presented in HK$, the functional currency. The US$ figures are shown only as supplementary information
and are translated at HK$7.8.
The notes on pages 58 to 99 and the principal accounting policies on pages 100 to 105 form part of these financial statements.
Consolidated Statement of Profit or Loss and
Other Comprehensive Income
for the year ended 31st December 2015