Alliance Aviation Services Limited · ASX:AQZ
Alliance Aviation Services — H1 2018 Earnings Presentation
18 slides from Alliance Aviation Services's earnings presentation, Feb 8, 2018
Slide 1: H1 2018 Alliance Aviation Services Limited Results Presentation
H1 2018 Alliance Aviation Services Limited Results Presentation February 2018
Slide 2: Key Messages
Key Messages $10.3m Profit before tax Up from $8.7m 1H FY17 Revenue and flying hours Alliance Aviation Services Limited, announces a half year result which includes: • A strong financial performance in the first half predominately Re-instatement of from increased flying activity; Interim Dividend •
Slide 3: Five Revenue Streams
Five Revenue Streams Contract Revenue Wet Lease RPT Revenue Charter Revenue Aviation Services Long term contract flying Operating Alliance aircraft for Regular public transport (RPT) Short term income from ad- Complementary services other carriers services to regional ports hoc requests including le
Slide 4: Realising Results from Strategy
Realising Results from Strategy PBT $10.3 million Fulfilling capacity requirements 2.5 cent dividend PBT up 19% on prior year comparative The introduction of two new aircraft in the half year Reinstatement of Flying activity improved on prior year across all with three further aircraft to be introdu
Slide 5: Key Measures and Statistics
Key Measures and Statistics Key Measures PBT 19% Operating cash Debt Aviation flow* Reduced $6.0 m Services Up $4.2 m Realising value Interim Total Flight 95% Hours Dividend On Time Capital 34% Performance Expenditure 2.5 cents $12.9m *Operating Cash flow includes the settlement of USD2.6m of Austri
Slide 6: The Financial Numbers
The Financial Numbers For the half year ended 31 December 2017
Slide 7: Financial Statements
Financial Statements Alliance has delivered a strong Detail 31 December 2017 31 December 2016 financial performance for the half Aircraft in service* 31 28 year ended 31 December 2017. Flight Hours – contracted 9,647 8,813 Flight Hours – wet lease 3,506 1,712 Flight Hours – RPT 2,347 989 Flight Hour
Slide 8: Income Statement Observations
Alliance Aviation Services - Income Statement % Observations: 1H FY18 1H FY17 pcp • Wet lease and RPT revenue increases have ($ in millions) Actual Actual Change Revenue had a significant impact in the half year; Contract Revenue 77.8 70.2 11% • Contract revenue grew by 11%, driven by Charter Revenu
Slide 9: Statement of Financial Position Observations
Alliance Aviation Services - Statement of Financial Position Observations: ($ in millions) 31-Dec-17 30-Jun-17 31-Dec-16 Cash 8.7 3.5 6.6 • Cash increased in the half year due to less Receivables 34.3 30.4 26.9 Austrian settlements and a focus on Inventory 46.7 43.0 40.7 debtor/creditor management;
Slide 10: Cash Flow Statement Observations
Alliance Aviation Services - Cash Flow Statement Observations: 1H FY18 1H FY17 ($ in millions) Receipts from customers (inclusive of GST) 130.0 111.5 • Continued focus on debtor days has Payments to suppliers (inclusive of GST) (106.8) (92.2) assisted in increased receipts from Net interest paid (1.
Slide 11: Stable Contract Client Base
Stable Contract Client Base Half Year 2018 Alliance Aviation 2018 Half Year Results Presentation
Slide 12: Commodity / Sector Exposure
Major Commodity Exposure by 15 Major Contracts – H1 FY18 Commodity / Sector Exposure Half Year 2018 Alliance Aviation 2018 Half Year Results Presentation
Slide 13: Footprint
Footprint Half Year 2018 Alliance Aviation 2018 Half Year Results Presentation
Slide 14: Operational Excellence
Operational Excellence • Australia’s most experienced and resourced F100/70 operator; • IOSA and Wyvern certified and BARS Gold recognised; • Substantial holdings of spare parts enhances aircraft reliability and extends economic life; • Focus on sustainable employee costs and efficiency; and • An im
Slide 15: Future Strategy
Future Strategy Capitalising on strong foundations Diversified Investment Balance Growth in Capacity Sheet Flying and Revenue Aircraft Targeted activities Additional aircraft Cash flow Growth, in both flying hours and Future capacity requirements means Operating cash flows will continue to revenue w
Slide 16: Outlook
Positive. Alliance maintains a positive outlook for the second half of FY18. • Flying hours for FY18 forecast to achieve 35,000 flight hours; • Resource sector continues to improve and show signs of increased activity; • One material contract renewed in February 2018; • Wet lease hours and revenue c
Slide 17: 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
Slide 18: Alliance Airlines Pays Homage to Sir Charles Kingsford Smith
Alliance Airlines Pays Homage to Sir Charles Kingsford Smith Celebrating the 90th anniversary of one of the World’s greatest aviators and his historic first trans-Pacific crossing between Oakland and Brisbane. Half Year 2018
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