Aimia Inc. · TSX:AIM
Aimia — Investor Presentation (May 2018)
11 slides from Aimia's investor presentation, May 1, 2018
Slide 1: IFRS 15 Presentation
IFRS 15 PRESENTATION May 1, 2018
Slide 2: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES Aimia uses the following non-GAAP financial measures which it believes provides investors and analysts with additional information to better understand results as well as assess its potential. GAAP means generally accepted accounting principles in Canada and represents In
Slide 3: IFRS 15 – What Is It & How Does It Impact Aimia
IFRS 15 – WHAT IS IT & HOW DOES IT IMPACT AIMIA • Beginning on Jan 1, 2018, AIMIA adopted a new revenue recognition accounting policy, IFRS 15. • Q1 2018 is the first interim financial statements reported under the new standard, with comparative information being restated. • Co-written by the Intern
Slide 4: Accounting Revenue Recognition
ACCOUNTING REVENUE RECOGNITION* Gross Billings Business Revenue Current Revenue impact Division IFRS 15 impact Unit Streams Practice (FY 2017) (FY 2017) Loyalty units Gross revenue Gross revenue 1 Coalitions Aeroplan revenue treatment treatment No impact No impact Proprietary Mix of Gross & Loyalty
Slide 5: Key Changes to FY 2017 Consolidated Metrics
KEY CHANGES TO FY 2017 CONSOLIDATED METRICS* (in millions of Canadian dollars) Pre IFRS 15 Post IFRS 15 Change adoption (1) adoption (1) Gross Billings 1,608.3 1,512.0 (96.3) IFRS 15 impact revenue and cost Total revenue 1,560.7 1,429.7 (131.0) but no change to underlying profitability Cost of Rewar
Slide 6: IFRS 15 – Key Takeaways
IFRS 15 – KEY TAKEAWAYS* • No impact to Aeroplan’s financial or operational metrics. • No impact to Gross Margin or AEBITDA. • No impacts to AE, Cash flows and the underlying economics FCF, or underlying of the business remain unchanged. economics of the • IFRS 15 impacts the Air Miles Middle-East b
Slide 7: Appendix
APPENDIX
Slide 8: Q4 2017 – Operating Segments
Q4 2017 – OPERATING SEGMENTS* Three months ended December 31, 2017 (in millions of Canadian dollars) Consolidated Other Operating Segments Coalitions ILS Eliminations Consolidated excl. Other Businesses Businesses(1) Gross Billings from the sale of Loyalty Units 325.4 11.5 - - 336.9 336.9 Gross Bill
Slide 9: Q3 2017 – Operating Segments
Q3 2017 – OPERATING SEGMENTS* Three months ended September 30, 2017 (in millions of Canadian dollars) Consolidated Other Operating Segments Coalitions ILS Eliminations Consolidated excl. Other Businesses Businesses(1) Gross Billings from the sale of Loyalty Units 321.0 10.7 - - 331.7 331.7 Gross Bil
Slide 10: Q2 2017 – Operating Segments
Q2 2017 – OPERATING SEGMENTS* Three months ended June 30, 2017 (in millions of Canadian dollars) Consolidated Other Operating Segments Coalitions ILS Eliminations Consolidated excl. Other Businesses Businesses(1) Gross Billings from the sale of Loyalty Units 321.7 13.1 - - 334.8 334.8 Gross Billings
Slide 11: Q1 2017 – Operating Segments
Q1 2017 – OPERATING SEGMENTS* Three months ended March 31, 2017 (in millions of Canadian dollars) Consolidated Other Operating Segments Coalitions ILS Eliminations Consolidated excl. Other Businesses Businesses(1) Gross Billings from the sale of Loyalty Units 299.6 11.2 - - 310.8 310.8 Gross Billing