Air Canada (AC-A) 2010年年度报告「TSX」.pdf

1、ANNUAL REPORT 20101.HIGHLIGHTSThe financial and operating highlights for Air Canada for the periods indicated are as follows.(Canadian dollars in millions,except where indicated)Fourth QuarterFull Year2010(1)2009Change$2010(1)2009Change$Financial Operating revenues 2,616 2,348 268 10,786 9,739 1,047

2、Operating income(loss)before a provision adjustment for cargo investigations,net(1)85 (83)168 361 (316)677Operating income(loss)131 (83)214 407 (316)723Non-operating expense (91)(83)(8)(388)(355)(33)Income(loss)before non-controlling interest,foreign exchange and income taxes 40 (166)206 19 (671)690

3、Income(loss)for the period 134 (56)190 107 (24)131Operating margin before a provision adjustment for cargo investigations,net%(1)3.2%(3.5%)6.7 pp 3.3%(3.2%)6.5 ppOperating margin%5.0%(3.5%)8.5 pp 3.8%(3.2%)7.0 ppEBITDAR before a provision adjustment for cargo investigations,net(1)(2)334 167 167 1,38

4、6 679 707EBITDAR(2)380 167 213 1,432 679 753EBITDAR margin before a provision adjustment for cargo investigation,net%(1)(2)12.8%7.1%5.7 pp 12.9%7.0%5.9 ppEBITDAR margin%(2)14.5%7.1%7.4 pp 13.3%7.0%6.3 ppCash,cash equivalents and short-term investments 2,192 1,407 785 2,192 1,407 785Free cash flow(3)

5、122 (52)174 746 (399)1,145Adjusted debt to debt plus equity ratio%(4)74.3%80.1%(5.8)pp 74.3%80.1%(5.8)ppEarnings(loss)per share-Diluted$0.42 ($0.25)$0.67$0.37 ($0.18)$0.55Operating Statistics Change%Change%Revenue passenger miles(millions)(RPM)11,756 10,885 8.0 51,875 47,884 8.3Available seat miles(

6、millions)(ASM)14,918 13,841 7.8 63,496 59,343 7.0Passenger load factor%78.8%78.6%0.2 pp 81.7%80.7%1.0 ppPassenger revenue per RPM(cents)(5)19.1 18.6 2.8 18.1 17.7 2.3Passenger revenue per ASM(cents)(5)15.1 14.6 3.0 14.8 14.3 3.6Operating revenue per ASM(cents)(5)17.3 17.0 1.8 17.0 16.4 3.5Operating