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(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.

?

  1. 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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