El Al Israel Airlines Ltd · TASE:ELAL
El Al Israel Airlines — Q1 2008 Earnings Presentation
13 slides from El Al Israel Airlines's earnings presentation, 2008
Slide 1: EL AL Israel Airlines Ltd. Q1/08
EL AL Israel Airlines Ltd. Q1/08 1
Slide 2: Statement of Operations for quarter Q1 - Consolidated
Statement of Operations for quarter Q1 - Consolidated (in millions USD) Q1/08 Q1/07 Q1/08 vs. Q1/07 % of % of operating operating $ revenues $ revenues difference index (% ) Operating revenues 471.5 100% 388.6 100% 82.8 121% Operating expenses 416.6 88.4% 339.6 87.4% 77.0 123% Gross profit 54.9 11.6
Slide 3: Total income for quarter Q1 in the years 2004-2008
Total income Total incomefor forquarter quarterQ1 Q1ininthe theyears years 2004-2008 2004-2008 M'$ 700 600 471.5 500 372.5 388.6 400 319.4 302.6 300 200 100 0 Q1/04 Q1/05 Q1/06 Q1/07 Q1/08 3
Slide 4: Operating revenues in Q1/08 vs. Q1/07 and analysis of changes
Operating revenues in Q1/08 vs. Q1/07 and analysis of changes (in millions USD) ACT Q1/08 Vs Q1/07 Increase / ACT Q1/08 ACT Q1/07 Decrease % Passenger Revenues 355.4 291.8 63.6 122% Cargo 78.5 70.4 8.2 112% Other revenues 37.5 26.5 11.0 142% Total operating revenues 471.5 388.6 82.8 121% 4
Slide 5: Income growth rate of El Al compared to other airlines
Income growth Income rate growth rateofofElElAlAlcompared comparedtotoother otherairlines airlines((Q1/08 Q1/08 Vs. Vs. Q1/07) Q1/07 ) L N YS N A E ST N TA A IA W IC A D AD IR HW IN E T UE TR IA IR R E N A T T A ES AL BL U S ER S A M E NIT .C A N N O R O N ELT W T A IB U A U A FI N C D S. LH EL JE 4
Slide 6: 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 Q1 in years 2001-2008 total traffic (mill. - per passeng. Leg) El Al & Sun D'or share in total traffic (%) 4.0 Total traffic EL AL 55% 109% 101% Q1/08 Vs. Q1/07 Q1/08 Vs. Q1/07 3.5 48.9% 48.1% 47.9% 50% 46.8% 3.0 43.6% 42
Slide 7: 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 Q1 in years 2001-2008 total traffic (mill. - per passeng. Leg) El Al & Sun D'or share in total traffic (%) 4.0 Total traffic EL AL 55% 108% 103% Q1/08 Vs. Q1/07 Q1/08 Vs. Q1/07 3.5 48.9% 48.1% 47.9% 50% 46.8% 46.8% 45.2%
Slide 8: 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 Q1 in the years 2005-2008 Seats capacity (000) L.F 2,000 82.1% 82.4% -2% 85% Passenger L.F -El Al 80.7% 80% 1,800 72.9% 0.3% 73.1% 75% 72.0% 72.4% 1,600 70% 71.8% 1,400 Passenger L.F - other 1,310 65% 9% scheduled a
Slide 9: Load Factor - compared to other airlines Q1/08
LoadFactor Load Factor- -compared comparedtotoother otherairlines airlines Q1/08 L S TA ES T N AY N AN DA T IA R W UE NE C A HW S R AI AI R ED A L I I RI A AN W E ST NN IT LT T B NT ER E C AL RT S. AU FI LH US UN DE JE C O AM IB A. EL NO 100% 90% 79% 79% 80% 81% 82% 80% 77% 77% 77% 78% 78% 79% 75% 7
Slide 10: Cash balances, including deposits at March for the years 2004-2008 (El Al solo)
Cash balances, including deposits at March 31 for the years 2004-2008 (El Al solo) M'$ 300 269.7 250 200 165.9 150.0 146.9 150 100 84.9 50 0 2004 2005 2006 2007 2008 10
Slide 11: Cash flows from operating activities for quarter Q1 in the years 2004-2008
Cash flows from operating activities for quarter Q1 in the years 2004-2008 (Consolidated) M'$ M'$ Q1/04 Q1/05 Q1/06 Q1/07 Q1/08 45 41.2 40 35 31.9 30 25 20.6 19.9 20 15 13.1 10 5 0 Years 2003-2005: Excluding adjustment for accounting standard no. 27 (fixed assets) 11
Slide 12: Balance sheet 31/03/08
Balance sheet 31/03/08 (in millions USD) Assets Liabilities 31/03/2008 31/12/2007 31/03/2008 31/12/2007 Current assets 583 500 Current liabilities 756 650 Non-current assets 1,294 1,304 Long-term liabilities 845 835 Share holders' equity 276 319 Total 1,877 1,804 Total 1,877 1,804 12
Slide 13: Thank you.
EL VALIN= HOME AWAY FROM HOME Thank you.
El Al Israel Airlines — Q1 2008 Earnings Presentation on 6ix