Ana Holdings Inc. · TSE:9202

Ana — All Nippon Airways — Q1 FY2012 Earnings Presentation

26 slides from Ana's earnings presentation, Aug 3, 2012

  1. Slide 1: All Nippon Airways Financial Results FY2012 First Quarter

    All Nippon Airways Financial Results FY2012 First Quarter Kiyoshi Tonomoto Executive Vice President and CFO August 3, 2012 ©ANA2012 1

  2. Slide 2: Contents

    Contents Ⅰ. FY2012 Financial Results First Quarter Ⅱ. Supplemental Reference Highlights FY2012 First Quarter P.4 Fuel Price and Exchange Rate P.20 Consolidated Financial Summary International Passenger Results by Destination P.21 International Cargo Results by Destination P.22 Income Statements P.5

  3. Slide 3: I. FY2012 Financial Results First Quarter

    Ⅰ. FY2012 Financial Results First Quarter ©ANA2012 3

  4. Slide 4: Highlight FY2012 First Quarter

    Highlight FY2012 First Quarter Highlight of Financial Results FY2012 1Q and FY2011 1Q-4Q Consolidated operating revenue for 1Q posted 343.1 billion yen （38.1 billion yen year-on-year improvement） Consolidated operating income for 1Q moved into the black at 11.0 billion yen （19.1 billion yen year-o

  5. Slide 5: Consolidated Financial Summary: Income Statements

    Consolidated Financial Summary Income Statements 1Q/FY11 1Q/FY12 Difference Operating Revenues 305.0 343.1 + 38.1 Operating Expenses 313.1 332.1 + 18.9 Operating Income - 8.1 11.0 + 19.1 Op. Margin (%) - 3.2 - Non-Op. Gains/Losses - 6.3 - 6.3 - 0.0 Recurring Income - 14.4 4.6 + 19.1 Extraordinary Ga

  6. Slide 6: Consolidated Financial Summary: Consolidated Financial Position

    Consolidated Financial Summary Consolidated Financial Position Mar 31, 2012 Jun 30, 2012 Difference Assets 2,002.5 2,001.1 - 1.4 Shareholders' Equity 549.0 520.6 - 28.3 Ratio of Shareholders' Equity (%) 27.4 26.0 - 1.4pts Interest Bearing Debts 963.6 965.6 + 1.9 Debt/Equity Ratio (times) 1.8 1.9 + 0

  7. Slide 7: Consolidated Statements of Cash Flow

    Consolidated Financial Summary Consolidated Statements of Cash Flow 1Q/FY11 1Q/FY12 Difference Cash Flow from Operating Activities 9.2 50.6 + 41.3 Cash Flow from Investing Activities - 133.7 - 35.8 + 97.8 Cash Flow from Financing Activities 159.9 - 12.6 - 172.5 Net Increase or Decrease 35.4 2.1 - 33

  8. Slide 8: Results by Segment

    Consolidated Financial Summary Results by Segment 1Q/FY11 1Q/FY12 Difference Air Transportation 274.3 306.4 + 32.1 Travel Services 26.4 34.7 + 8.2 Total for Reporting Segments 300.8 341.2 + 40.4 Revenues Other 33.4 36.1 + 2.6 Adjustment - 29.1 - 34.1 - 4.9 Total 305.0 343.1 + 38.1 Air Transportation

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

    Air Transportation Business Operating Revenues and Expenses 1Q/FY11 1Q/FY12 Difference Domestic Passengers 134.5 149.2 + 14.6 International Passengers 69.2 83.2 + 13.9 Operating Revenues Cargo and Mail 33.2 30.9 - 2.3 Others 37.2 43.0 + 5.8 Total 274.3 306.4 + 32.1 Fuel and Fuel Tax 65.0 71.0 + 5.9

  10. Slide 10: Changes in Operating Income

    Air Transportation Business Changes in Operating Income ・Depreciation except Aircraft (¥ Billion） ・Maintenance, etc. ・Maintenance/Handling Other Expenses ・Commission, Advertisement ・Mileage/Card, etc. Other Revenues ・In- In-flight service, Ground service, etc. - 1.5 +3.7 International Cargo ・Landing

  11. Slide 11: Domestic Passenger Operations

    Air Transportation Business Domestic Passenger Operations 1Q/FY11 1Q/FY12 % Y/Y Available Seat Km (million) 13,331 14,256 + 6.9 Revenue Passenger Km (million) 7,149 8,296 + 16.0 Passengers (thousands) 8,164 9,502 + 16.4 Load Factor (%) 53.6 58.2 + 4.6pts* Passenger Revenues (¥ billion) 134.5 149.2 +

  12. Slide 12: Trends in Domestic Passenger Operations

    Air Transportation Business Trends in Domestic Passenger Operations 1Q Revenue Change Factors 1Q Results of ANA and Peach on competing routes  Revenues advanced, buoyed by demand Regarding competing routes following Peach Aviation launch, recovery from the earthquake in March 11 creation of new de

  13. Slide 13: International Passenger Operations

    Air Transportation Business International Passenger Operations 1Q/FY11 1Q/FY12 % Y/Y Available Seat Km (million) 8,326 9,059 + 8.8 Revenue Passenger Km (million) 5,470 6,818 + 24.6 Passengers (thousands) 1,273 1,592 + 25.0 Load Factor (%) 65.7 75.3 + 9.6pts* Passenger Revenues (¥ billion) 69.2 83.2

  14. Slide 14: Trends in International Passenger Operations

    Air Transportation Business Trends in International Passenger Operations 1Q Revenue Change Factors Quarterly Trends in ASK and Passenger Despite a unit price slump from passenger class mix changes, While ASK increased, the first quarter last year slumped revenues grew on the strength of the earthq

  15. Slide 15: Domestic Cargo Operations

    Air Transportation Business Domestic Cargo Operations 1Q/FY11 1Q/FY12 % Y/Y Available Ton Km (million) 426 465 + 9.2 Revenue Ton Km (million) 108 107 - 1.6 Revenue Ton (thousand tons) 108 106 - 1.7 Domestic Cargo Load Factor (%) 25.5 23.0 - 2.5pts* Cargo Revenues (¥ billion) 7.9 7.6 - 3.5 Unit Reven

  16. Slide 16: Intentionally Blank

    Intentionally Blank ©ANA2012 16

  17. Slide 17: International Cargo Operations

    Air Transportation Business International Cargo Operations 1Q/FY11 1Q/FY12 % Y/Y Available Ton Km (million) 888 945 + 6.5 Revenue Ton Km (million) 563 585 + 4.0 Revenue Ton (thousand tons) 140 146 + 4.0 International Cargo Load Factor (%) 63.5 62.0 - 1.5pts* Cargo Revenues (¥ billion) 23.6 21.5 - 9.

  18. Slide 18: Trends in International Cargo Operations

    Air Transportation Business Trends in International Cargo Operations 1Q Cumulative Revenue Change Factors Quarterly Trends in ATK and Cargo Volume Amidst slumping exports, vigorous efforts in import cargo While emergency cargo demand occurred during the first and third-country cargo met with chang

  19. Slide 19: II. Supplemental Reference

    Ⅱ. Supplemental Reference ©ANA2012 19

  20. Slide 20: Fuel Price and Exchange Rate

    Supplemental 燃油・為替 Reference Fuel Price and Exchange Rate FY2012 (E) Market Index and Assumptions 1H 2H Dubai Crude Oil (USD/BBL) 115 100 Kerosene (USD/BBL) 130 120 Exchange Rate (JPY/USD) 80 80 Hedging Ratio (as of Jun, 2012) FY2012 FY2013 FY2014 FY2015 60% Fuel Currency 50% 40% 30% 20% 10% 0% Fuel

  21. Slide 21: International Passenger Results by Destination

    Supplemental Reference International Passenger Results by Destination 1Q/FY2012 Difference* Composition North America 27.5 + 0.5 Europe 21.4 + 1.9 Passenger China 19.0 - 2.2 Revenue Asia 28.0 - 0.2 Resort 4.0 + 0.1 North America 28.0 - 1.9 Europe 22.1 + 1.8 ASK China 14.6 + 1.9 Asia 29.9 - 1.4 Resor

  22. Slide 22: International Cargo Results by Destination

    Supplemental Reference International Cargo Results by Destination 1Q/FY2012 Difference Composition North America 20.4 - 3.2 Europe 15.6 - 1.9 Cargo China 36.1 + 2.0 Revenue Asia 21.3 + 0.8 Others 6.6 + 2.2 North America 30.6 - 2.2 Europe 24.2 + 1.4 ATK China 21.1 + 1.5 Asia 20.1 - 0.5 Others 4.0 - 0

  23. Slide 23: Aircraft in Service

    Supplemental Reference Aircraft in Service Mar, 2012 Jun, 2012 Change Owned Leased Boeing 747-400 (Domestic) 8 7 -1 7 0 Boeing 777-300ER 19 19 － 16 3 Wide-Body Boeing 777-300 7 7 － 7 0 Boeing 777-200ER 7 9 +2 7 2 Boeing 777-200 16 16 － 14 2 Boeing 787-8 6 9 +3 9 0 Boeing 767-300ER 26 26 － 6 20 Mid-B

  24. Slide 24: 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

  25. Slide 25: ANA Group Corporate Philosophy

    ANA Group Corporate Philosophy ANA Group Corporate Philosophy ANA Group Safety Principles － Our Commitments － 安全は経営の基盤であり社会への責務である。 Safety is our promise to the public and is the foundation of On a foundation of security and reliability, our business. 私たちはお互いの理解と信頼の the ANA Group will: Safety is a

  26. Slide 26: Thank you

    Thank you. This material is available on our website. http://www.ana.co.jp/eng Investor Relations Financial Information Presentations Investor Relations, All Nippon Airways Co., Ltd. Phone +81-(0)3-6735-1030 E-Mail: ir@ana.co.jp ©ANA2012 26

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