El Al Israel Airlines Ltd · TASE:ELAL
El Al Israel Airlines — Q2 2009 Earnings Presentation
10 slides from El Al Israel Airlines's earnings presentation, 2009
Slide 1: EL AL Israel Airlines Ltd. Q2-09
EL AL Israel Airlines Ltd. Q2-09 1
Slide 2: Consolidated Statements of Operations Q2/09
Consolidated Statements of Operations Q2/09 (in millions USD) Q2/09 Q2/08 Q2/09 vs. Q2/08 % of % of operating operating $ revenues $ revenues difference % Operating revenues 399.4 100% 557.5 100% (158.0) -28% Operating expenses 353.1 88.4% 487.0 87.4% (133.9) -28% Gross profit 46.3 11.6% 70.4 12.6%
Slide 3: El Al & Sun D'or share in total traffic at BGA
El Al & Sun D'or (scheduled+charter) share in total traffic at BGA for quarter Q2 in years 2002-2009 total traffic (mill. - per passeng. Leg) El Al & Sun D'or share in total traffic (%) Total traffic EL AL 5.0 -12% 10% 50% Q2/09 Vs. Q2/08 Q2/09 Vs. Q2/08 4.5 42.0% 43.0% 45% 39.7% 41.2% 39.6% 36.9% 3
Slide 4: Seats capacity and passenger load factor of scheduled airlines at Ben Gurion
Seats capacity and passenger load factor of scheduled airlines at Ben Gurion (*) quarter Q2 in the years 2004-2009 Seats capacity (000) L.F 2,600 Passenger L.F -El Al 86.5% 90% 80.3% 80.5% 81.1% -4% 2,400 77.6% 80% 2,200 74.7% 80.0% 77.7% 77.8% 2,000 74.2% 75.1% -7% 70% 72.6% 1,800 Passenger L.F - o
Slide 5: Total employees (positions, average)
Total employees (positions, average) quarter Q2 in the years 2005-2009 8,000 6800 7,500 Q2/09 Vs. Q2/08 -5% -320 7,000 5800 6,500 6,296 6,200 5,929 5,820 5,880 4800 6,000 5,500 3800 5,000 4,500 2800 4,000 1800 3,500 3,000 800 1. 00 Q2/05 Q2/06 Q2/07 Q2/08 Q2/09 Source data: Human Resources 5
Slide 6: Cash balances, including deposits at June 30, 2005-2009 (El Al solo)
Cash balances, including deposits at June 30 for the years 2005-2009 (El Al solo) in millions USD 300 279.2 Cash and deposits Restricted cash 250 225.3 214.9 195.6 200 172.9 38.3 150 100 157.3 50 0 30/06/05 30/06/06 30/06/07 30/06/08 30/06/09 6
Slide 7: Cash flows from operating activities for Q2 2005-2009 (Consolidated)
Cash flows from operating activities for Q2 in the years 2005-2009 (Consolidated) in millions USD M' $ Q2/05 Q2/06 Q2/07 Q2/08 Q2/09 90 82.5 80 72.1 68.0 70 60 54.9 50 41.1 40 30 20 10 0 7
Slide 8: Balance sheet 30/06/2009
Balance sheet 30/06/2009 (in millions USD) Assets Liabilities 30/06/2009 31/12/2008 30/06/2009 31/12/2008 Current assets 421 376 Current liabilities 823 716 Non-current assets 1,417 1,366 Long-term liabilities 907 908 Share holders' equity 108 119 Total 1,838 1,743 Total 1,838 1,743 8
Slide 9: Consolidated Statements of Operations 1-6/09
Consolidated Statements of Operations 1-6/09 (in millions USD) 1-6/09 1-6/08 1-6/09 VS 1-6/08 % of % of operating operating $ revenues $ revenues הפרש % -השינוי ב Operating revenues 746.1 100% 1,026.7 100% (280.6) -27% Operating expenses 681.0 91.3% 902.8 87.9% (221.7) -25% Gross profit 65.1 8.7
Slide 10: Thank you.
EL VALIN= HOME AWAY FROM HOME Thank you.
El Al Israel Airlines — Q2 2009 Earnings Presentation on 6ix