Question
(RM MILLION) FOR THE YEAR ENDED 31 DECEMBER 2019 2018 2019 INCOME STATEMENT 1.Revenue 10,638 11,860 2.Net total expenses 9,419 11,136 3.Operating profit 1,219 725
(RM MILLION) | FOR THE YEAR ENDED 31 DECEMBER 2019 | |
2018 | 2019 | |
INCOME STATEMENT | ||
1.Revenue | 10,638 | 11,860 |
2.Net total expenses | 9,419 | 11,136 |
3.Operating profit | 1,219 | 725 |
4.Profit before taxation | 1,335 | -522 |
5.Taxation | 360 | 238 |
6.Net profit | 1,695 | -283 |
BALANCE SHEET | ||
7.Deposits, cash and bank balances | 3,327 | 2,588 |
8.Total assets | 18,550 | 25,595 |
9.Net debt (Total debt - Total Cash) | 287 | -2,159 |
10.Shareholders' equity | 6,185 | 2,911 |
CASH FLOW STATEMENTS | ||
11.Cash flow from operating activities | 353 | 2,081 |
12.Cash flow from investing activities | 9,049 | 4,660 |
13.Cash flow from financing activities | -8,087 | -7,584 |
14. Net Cash Flow | 1,316 | -842 |
FINANCIAL PERFORMANCE (%) | ||
15. Return on total assets | 9.1 | -1.1 |
16. Return on shareholders' equity | 27.4 | -9.7 |
17. R.O.C.E. (EBIT/(Net Debt + Equity)) | 30.0 | 34.0 |
18. Operating profit margin | 11.5 | 6.1 |
19. Net profit margin | 15.9 | -2.4 |
20. Overall performance of AirAsia for the year 2019. | ? |
- Analyse each item of the financial position of AirAsia Berhad using the comparative performance between year ended 2019 with year ended 2018 given. (20 marks)
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