Ana Holdings Inc. · TSE:9202

Ana — Q3 FY2013 Earnings Presentation

32 slides from Ana's earnings presentation, Jan 31, 2014

  1. Slide 1: Financial Results FY2013 Third Quarter

    ANA Holdings Inc. Financial Results FY2013 Third Quarter Kiyoshi Tonomoto Senior Executive Vice President and CFO January 31 , 2014 ©ANAHD2014 1

  2. Slide 2: Contents

    Contents Ⅰ. FY2013 Financial Results Third Quarter Ⅱ. FY2014 ANA Group Network Plan Highlights FY2013 Third Quarter P.4 ANA Group Network Plan P.21-22 Consolidated Financial Summary Income Statements P.5 Consolidated Financial Position P.6 Ⅲ. Supplemental Reference Consolidated Statements of Cash Fl

  3. Slide 3: FY2013 Financial Results Third Quarter

    Ⅰ. FY2013 Financial Results Third Quarter ©ANAHD2014 3

  4. Slide 4: Highlights FY2013 Third Quarter

    Highlights FY2013 Third Quarter Highlights of Financial Results FY13 1-3Q and FY12 1-4Q 【FY2013 1-3Q Cumulative Results（Consolidated）】  Op. Income ： ¥69.0 Billion （YoY ¥ -38.4 Billion） 3rd Quarter (Oct.-Dec.)  Net Income ： ¥33.3 Billion （YoY ¥ -18.9 Billion）  Op. Income ¥25.7 Billion  Net Income

  5. Slide 5: Consolidated Financial Summary: Income Statements

    Consolidated Financial Summary Income Statements 1-3Q/FY12 1-3Q/FY13 Difference 3Q/FY13 Difference Operating Revenues 1,132.1 1,212.0 + 79.8 414.3 + 35.4 Operating Expenses 1,024.6 1,142.9 + 118.3 388.6 + 41.9 Operating Income 107.5 69.0 - 38.4 25.7 - 6.4 Op. Margin (%) 9.5 5.7 - 3.8pts 6.2 - 2.3pts

  6. Slide 6: Consolidated Financial Position

    Consolidated Financial Summary Consolidated Financial Position Mar 31, 2013 Dec 31, 2013 Difference Assets 2,137.2 2,154.9 + 17.7 Shareholders' Equity 766.7 804.4 + 37.7 Ratio of Shareholders‘ Equity (%) 35.9 37.3 + 1.5pts Interest Bearing Debts 897.1 827.2 - 69.9 Debt/Equity Ratio (times)* 1.2 1.0

  7. Slide 7: Consolidated Statements of Cash Flow

    Consolidated Financial Summary Consolidated Statements of Cash Flow 1-3Q/FY12 1-3Q/FY13 Difference Cash Flow from Operating Activities 166.7 190.9 + 24.1 Cash Flow from Investing Activities - 472.5 - 145.6 + 326.8 Cash Flow from Financing Activities - 115.2 - 92.0 - 207.3 Net Increase or Decrease -

  8. Slide 8: Results by Segment

    Consolidated Financial Summary Results by Segment 1-3Q/FY12 1-3Q/FY13 Difference 3Q/FY13 Difference Air Transportation 987.6 1,056.5 + 68.9 360.0 + 29.6 Airline Related 131.6 142.2 + 10.6 49.1 + 4.9 Travel Services 123.6 133.5 + 9.8 42.7 + 3.4 Trade and Retail 75.6 82.6 + 7.0 28.8 + 2.4 Revenues Tot

  9. Slide 9: Air Transportation Business: Operating Revenues and Expenses

    Air Transportation Business Operating Revenues and Expenses 1-3Q/FY12 1-3Q/FY13 Difference 3Q/FY13 Difference Domestic Passengers 516.0 518.2 + 2.1 173.8 + 0.8 International Passengers 264.9 297.4 + 32.4 100.8 + 15.7 Operating Cargo and Mail 94.5 108.5 + 14.0 40.0 + 6.2 Revenues Others 111.9 132.3 +

  10. Slide 10: Air Transportation Business: Changes in Operating Income

    Air Transportation Business ・Revenue from contracted Changes in Operating Income Maintenance and Handling ・Mileage/Card ･Depreciation except Aircraft Other ・LCC Business, etc. ･Maintenance, etc. (¥ Billion） Revenue ･Commission, Advertisement Cargo +20.3 +15.0 ･In- In-flight service ･Ground Handling,

  11. Slide 11: Domestic Passenger Operations

    Air Transportation Business Domestic Passenger Operations 1-3Q/FY12 1-3Q/FY13 % Y/Y 3Q/FY13 % Y/Y Available Seat Km (million) 44,561 46,423 + 4.2 15,282 + 3.0 Revenue Passenger Km (million) 27,845 28,809 + 3.5 9,858 + 3.7 Passengers (thousands) 31,568 32,566 + 3.2 11,195 + 3.7 Load Factor (%) 62.5 6

  12. Slide 12: Trends in Domestic Passenger Operations

    Air Transportation Business Trends in Domestic Passenger Operations *Not including Vanilla Air (ex-AirAsia Japan) 1-3Q Cumulative Revenue Change Factors Quarterly Trends by Segment, Unit Price Increased revenues continuously by strategic pricing Increase in number of passengers, particularly manag

  13. Slide 13: International Passenger Operations

    Air Transportation Business International Passenger Operations 1-3Q/FY12 1-3Q/FY13 % Y/Y 3Q/FY13 % Y/Y Available Seat Km (million) 28,218 30,908 + 9.5 10,729 + 10.3 Revenue Passenger Km (million) 21,395 22,867 + 6.9 7,778 + 10.3 Passengers (thousands) 4,769 4,757 - 0.3 1,586 + 8.9 Load Factor (%) 75

  14. Slide 14: Trends in International Passenger Operations

    Air Transportation Business Trends in International Passenger Operations *Not including Vanilla Air (ex-AirAsia Japan) 1-3Q Cumulative Revenue Change Factors Quarterly ASK/RPK/ Yield Trends Unit price increased firmly and number of passengers Stable in all routes, RPK increased in line with ASK. i

  15. Slide 15: Trends in International Passenger Operations (China, destinations)

    Air Transportation Business Trends in International Passenger Operations *Not including Vanilla Air (ex-AirAsia Japan) Passenger Demand Trends on China Routes Trends in ASK/RPK by Destination Due to recovery of inbound demand from China, Steady growth in RPK, particularly on North passenger increa

  16. Slide 16: Domestic Cargo Operations

    Air Transportation Business Domestic Cargo Operations 1-3Q/FY12 1-3Q/FY13 % Y/Y 3Q/FY13 % Y/Y Available Ton Km(million) 1,467 1,503 + 2.5 497 + 1.2 Revenue Ton Km (million) 356 357 + 0.3 136 + 3.6 Revenue Ton (thousand tons) 359 361 + 0.6 138 + 3.7 Domestic Cargo Load Factor (%) 24.3 23.8 - 0.5pts*

  17. Slide 17: International Cargo Operations

    Air Transportation Business International Cargo Operations 1-3Q/FY12 1-3Q/FY13 % Y/Y 3Q/FY13 % Y/Y Available Ton Km (million) 2,962 3,373 + 13.9 1,203 + 16.3 Revenue Ton Km (million) 1,830 2,165 + 18.3 799 + 20.4 Revenue Ton (thousand tons) 463 528 + 14.0 194 + 14.3 International Cargo Load Factor (

  18. Slide 18: Trends in International Cargo Operations

    Air Transportation Business Trends in International Cargo Operations 1-3Q Cumulative Revenue Change Factors Quarterly Traffic Results and Unit Price Trends Revenue increased by improvement in unit price and Trilateral cargo traffic encouraged increase in total volume increase (ATK growth). volume.

  19. Slide 19: Other Segments excluding Air Transportation Business

    Other Segments excluding Air Transportation Business Results by Segment Airline Related Travel Services 1-3Q/FY12 1-3Q/FY13 Difference 1-3Q/FY12 1-3Q/FY13 Difference Revenues 131.6 142.2 + 10.6 123.6 133.5 + 9.8 Op. Income 5.7 6.2 + 0.5 4.3 4.2 - 0.1 Depreciation and Amortization 2.2 2.3 + 0.0 0.0 0

  20. Slide 20: FY2014 ANA Group Network Plan

    Ⅱ. FY2014 ANA Group Network Plan ©ANAHD2014 20

  21. Slide 21: ANA Group Network Plan (1)

    ANA Group燃油・為替 Network Plan (1) ANA Group Network Plan Domestic Passenger Operations International Passenger Operations Cargo Operations Optimize ASK Expansion of network in the Utilization of additional freighter to demand trends Tokyo metropolitan area ◆ Routes from/to Haneda ◆ Dual-hub Network St

  22. Slide 22: ANA Group Network Plan (2)

    ANA Group Network Plan (2) Expansion of International Network Improve convenience of international routes for the Tokyo Metropolitan area and enhance Dual-hub Strategy New Destination London Narita - Dusseldorf New Destination Vancouver Paris Munich Frankfurt Haneda Narita Los Angels Europe Honolulu

  23. Slide 23: Supplemental Reference

    Ⅲ. Supplemental Reference ©ANAHD2014 23

  24. Slide 24: Fuel & Exchange Rate

    Supplemental Reference Fuel & Exchange Rate 1-3Q results 4Q assumptions Dubai Crude Oil US$104.6 US$102 Fuel Price Kerosene US$121.2 US$120 100% 90% Hedge Ratio （As of Dec 31, 2013） Fuel FuelCost Cost 80% 70% (US$1 (US$1 60% 55% change changeper per 50% 45% barrel) barrel) 40% Non 30% Nonhedge hedge

  25. Slide 25: FY2013 Impact of Foreign Exchange Rate

    Supplemental 燃油・為替 Reference FY2013 Impact of Foreign Exchange Rate (operating income (loss) /including hedge effects; units: billion yen) Revenue Expense 1H Results (Earning Forecast as of 30 Apr, 2013 vs. Weighed Avg. during period) All Currencies USD Other Currencies +7 ¥1.9 Bn : Profit Decrease

  26. Slide 26: Intentionally Blank

    Intentionally Blank ©ANAHD2014 26

  27. Slide 27: International Passenger Results by Destination

    Supplemental Reference International Passenger Results by Destination 1-3Q/FY13 3Q/FY13 Composition Difference Composition Difference *Not including Vanilla Air (ex-AirAsia Japan) North America 31.8 + 3.4 32.9 + 2.7 Europe 20.1 - 1.8 18.6 - 2.8 Revenue China 16.0 - 1.0 15.3 + 0.9 Asia 27.9 - 0.0 29.

  28. Slide 28: International Cargo Results by Destination

    Supplemental Reference International Cargo Results by Destination 1-3Q/FY13 3Q/FY13 Composition Difference Composition Difference North America 21.6 + 1.7 22.6 + 2.4 Europe 14.2 - 1.0 13.7 - 1.1 Revenue China 37.2 - 0.3 37.1 + 0.2 Asia 19.9 - 0.6 19.8 - 0.8 Others 7.1 + 0.1 6.8 - 0.7 North America 3

  29. Slide 29: Aircraft in Service

    Supplemental Reference Aircraft in Service Mar, 2013 Dec, 2013 Change Owned Leased Boeing 747-400 (Domestic) 5 3 -2 3 0 Boeing 777-300ER 19 19 - 16 3 Wide-Body Boeing 777-300 7 7 - 7 0 Boeing 777-200ER 10 12 +2 6 6 Boeing 777-200 16 16 - 14 2 Boeing 787-8 17 23 +6 23 0 Boeing 767-300ER 26 26 - 6 20

  30. Slide 30: ANA Group Corporate Philosophy

    ANA Group Corporate Philosophy Mission Statement ANA Group Safety Principles  Safety is our promise to the public and Built on a foundation of security and trust, is the foundation of our business “the wings within ourselves”  Safety is assured by an integrated help to fulfill the hopes management

  31. Slide 31: Cautionary Statement

    Cautionary Statement Forward-Looking Statements. This material contains forward-looking statements based on ANA’s current plans, estimates, strategies, assumptions and beliefs. These statements represent the judgments and hypotheses of the Company’s management based on currently available informatio

  32. Slide 32: Thank you

    Thank you. This material is available on our website. http://www.anahd.co.jp/en （Our website has been renewed） Investor Relations IR Library Presentations Investor Relations, ANA Holdings Inc. Phone +81-(0)3-6735-1030 E-Mail: ir@anahd.co.jp ©ANAHD2014 (Our company name, department name, and mail add

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