5-Year Financials


  Audited
  Year ended 31 December
  2011 2012 2013 2014 2015
  RM 000
Revenue  
- Scheduled flights 1,409,764 1,281,778 1,404,651 1,630,119 1,682,740
- Charter flights 4,218 67,848 107,001 171,633 421,662
- Fuel surcharge 44,427 148,226 253,839 344,133 98,861
- Freight and cargo 96,471 79,267 90,018 113,878 107,508
- Ancillary revenue 307,137 363,934 452,494 586,485 476,407
- Management fees 364 364 347 1,143 1,361
- Others - 26,010 - - -
- Aircraft operating lease income - - - 89,336 274,014
Total revenue 1,862,381 1,967,427 2,308,350 2,936,727 3,062,553
Operating expenses  
- Staff costs (158,418) (180,498) (233,601) (313,018) (315,821)
- Depreciation of property, plant and equipment (104,837) (107,097) (120,558) (180,730) (144,807)
- Aircraft fuel expenses (1,018,428) (925,294) (1,101,216) (1,519,924) (1,020,881)
- Maintenance, overhaul, user charges and other related expenses (306,157) (381,545) (451,369) (638,167) (891,865)
- Aircraft operating lease expenses (145,803) (152,408) (186,663) (337,978) (706,058)
- Other operating expenses (203,129) (178,598) (203,461) (313,954) (137,445)
Total operating expenses (1,936,772) (1,925,440) (2,296,868) (3,303,771) (3,216,877)
Other income 14,282 6,981 20,401 190,744 116,881
Share of results of an associate - - (502) (19,516) -
Share of results of a joint venture - - - (16,322) (37,566)
Operating profit / (loss) (60,109) 48,968 31,381 (212,138) (37,443)
Finance income 6,002 1,876 3,611 6,349 19,812
Finance costs (52,245) (56,438) (76,422) (159,658) (84,131)
Foreign exchange gain / (loss) on borrowings (25,082) 43,599 (176,171) (136,921) (299,562)
Other (loss)/gain - 5,541 (102,993) (7,585)
Profit before tax /
(Loss before tax)
(131,434) 38,005 (212,060) (605,361) (446,475)
Taxation  
- Current taxation (1,556) 900 (997) (245) (169)
- Deferred taxation 36,361 (5,055) 124,790 86,163 97,028
Total taxation 34,805 (4,155) 123,793 85,918 96,859
Profit after tax /
(Loss after tax)
(96,629) 33,850 (88,267) (519,443) (349,616)
Other comprehensive gain, net of tax  
- Cash flow hedges - - 20,527 (14,049) (114,108)
- Foreign currency translation differences (69) (1) (12) (26) (231)
Total comprehensive income for the financial year (96,698) 33,849 (67,752) (533,518) (463,493)
Total comprehensive income attributable to:  
- Equity holders of the Company (96,698) 33,849 (67,752) (533,518) (463,493)
- Non-controlling interests - - - -
  (96,698) 33,849 (67,752) (533,518) (463,493)

* Negligible