Alliance Aviation Services Limited · ASX:AQZ
Alliance Aviation Services — FY2019 Earnings Presentation
15 slides from Alliance Aviation Services's earnings presentation, August 2019
Slide 1: Alliance Aviation Services Limited Results Presentation August 2019
2019 Alliance Aviation Services Limited Results Presentation August 2019
Slide 2: Contents
Contents 03. KEY MESSAGES 04. FIVE REVENUE STREAMS 05. FINANCIAL SUMMARY 10. STABLE CONTRACT CLIENT BASE 11. COMMODITY/SECTOR EXPOSURE 12. FOOTPRINT 13. OPERATIONAL EXCELLENCE 14. OUTLOOK 15. DISCLAIMER Alliance Aviation 2019 Results Presentation 2
Slide 3: Key Messages
Key Messages $32.8m profit Full year final dividend of Alliance Aviation Services Limited announces a before tax, up 8.8 cents, up 40% Revenue of $277m, up full year result which includes: 25.7% 11.9% • Sustainable revenue growth • The largest profit result in the Company’s history; DEBT • The highe
Slide 4: Five Revenue Streams
Contract Wet Five Revenue Lease Revenue RPT Charter Aviation Streams Revenue Revenue Services Growth experienced 1 2 3 4 5 across all flying Contract Revenue Wet Lease RPT Revenue Charter Revenue Aviation Services categories with wet Long-term contract Operating Alliance aircraft Regular public tran
Slide 5: Financial Summary
FINANCIAL SUMMARY For the year ended 30 June 2019 5
Slide 6: Financial Statements
Financial Detail 30 June 2019 30 June 2018 Aircraft in service* 38 33 Statements Flight Hours – contracted 19,660 18,828 Alliance consistently delivers strong Flight Hours – wet lease 11,555 9,447 operational and financial Flight Hours – RPT 5,158 4,814 performances. Flight Hours – charter 1,095 1,0
Slide 7: Income Statement
($ in millions) FY19 Actual FY18 Actual % PCP Change Revenue Contract revenue 165.3 153.0 8% Income Wet lease revenue 45.4 37.1 22% Statement Charter revenue 13.4 7.9 70% RPT revenue 41.2 36.1 14% Aviation services 10.9 12.9 (16%) Observations: Other (Incl. FX) 0.5 0.9 (44%) • Contract revenue incre
Slide 8: Statement of Financial Position
($ in millions) 30 June 19 30 June 18 30 June 17 Cash 9.6 11.8 8.7 Receivables 40.0 31.3 34.3 Statement Inventory 49.0 50.9 46.7 Total current assets 98.6 94.0 89.7 of Financial PP&E Intangibles 202.5 0.5 177.4 0.4 170.8 0.5 Position Total non-current assets Total assets 203.0 301.6 177.8 271.8 171.
Slide 9: Cash Flow Statement
FY19 FY18 ($ in millions) Actual Actual Receipts from customers (inclusive of GST) 294.4 269.2 Cash Flow Payments to suppliers (inclusive of GST) Net interest paid (254.8) (2.5) (227.5) (3.4) Statement Income tax paid (0.1) - Net cash inflow from operating activities 37.0 38.3 Observations: Net paym
Slide 10: Stable Contract Client Base
Stable Contract Client Base Previous Contract Contract Client Terms Current Contract Contract 15 Contract 14 Contract 13 Contract 12 Contract 11 Contract 10 Contract 9 Contract 8 Contract 7 Contract 6 Contract 5 Contract 4 Contract 3 Contract 2 Contract 1 June 2013 June 2014 June 2015 June 2016 June
Slide 11: Commodity/Sector Exposure
Copper/Gold Phosphate 2% Copper/Gold/ Commodity/ Wet Lease 2% Uranium 8% Tourism 3% Sector Oil/Gas Phosphate 17% 4% Copper/ Gold /Uranium Exposure Silver/Lead/Zinc 5% Tourism Oil / Gas Silver / Lead / Zinc Forecast major commodity/sector Non-commodity Gold RPT Manganese exposure by the top 15 11% co
Slide 12: Footprint
Darwin Footprint - Crew - Line Maintenance - Operational base - Offices Cairns - Crew - Line Maintenance - Operational base - Offices Townsville - Hangar - Crew - Line Maintenance - Operational base - Offices Rockhampton - Crew - Line Maintenance - Operational base - Offices Brisbane - Hangar - Majo
Slide 13: Operational Excellence
Austrian Technik Long-term heavy 95% maintenance provider O T Operational Wingman Wyvern Wingman P Excellence certification Alliance Airlines consistently achieved 95% Rolls-Royce on time performance Rolls Royce total care program throughout 2019 IATA IOSA Renewed IOSA certification in FY 2019 KLM U
Slide 14: Outlook
Alliance retains a positive outlook for the 2020 financial year based on a Outlook number of opportunities that will allow the business to continue to grow. Contract flying hours are expected to Wet lease hours are expected to increase increase as clients continue to add in the year for both contrac
Slide 15: Disclaimer
Disclaimer Reliance on third party information This presentation was prepared by Alliance Aviation Services Limited (ACN 153 361 525) (“Alliance”). This presentation may contain information that has been derived from publicly available sources that have not been independently verified. No representa
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