Ana Holdings Inc. · TSE:9202

Ana — All Nippon Airways — Q3 FY2012 Earnings Presentation

28 slides from Ana's earnings presentation, Feb 1, 2013

  1. Slide 1: Financial Results FY2012 Third Quarter

    All Nippon Airways Financial Results FY2012 Third Quarter Shinichiro Ito President and CEO Kiyoshi Tonomoto Executive Vice President and CFO February 1, 2013 ©ANA2013 1

  2. Slide 2: Contents

    Contents Ⅰ. FY2012 Financial Results Third Quarter Ⅱ. Supplemental Reference Highlights FY12 Third Quarter P.4 Fuel Price and Exchange Rate P.21 Consolidated Financial Summary Impact of Foreign Exchange Rates P.22 Income Statements P.5 International Passenger Results Consolidated Financial Position

  3. Slide 3: FY2012 Financial Results Third Quarter

    Ⅰ. FY2012 Financial Results Third Quarter ©ANA2013 3

  4. Slide 4: Highlights FY2012 Third Quarter

    Highlights FY2012 Third Quarter Highlights of Financial Results FY12 1Q-3Q and FY11 1Q-4Q  Consolidated cumulative operating income for 3Q posted 107.5 billion yen (16.3 billion yen year-on-year improvement).  52.2 billion yen net income for the quarter (18.4 billion yen year-on-year improvement);

  5. Slide 5: Consolidated Financial Summary: Income Statements

    Consolidated Financial Summary Income Statements 1-3Q/FY11 1-3Q/FY12 Difference 3Q/FY12 Difference Operating Revenues 1,069.8 1,132.1 + 62.2 378.9 + 13.9 Operating Expenses 978.7 1,024.6 + 45.9 346.7 + 22.7 Operating Income 91.1 107.5 + 16.3 32.2 - 8.7 Op. Margin (%) 8.5 9.5 + 1.0 8.5 - 2.7 Non-Op.

  6. Slide 6: Consolidated Financial Position

    Consolidated Financial Summary Consolidated Financial Position Mar 31, 2012 Dec 31, 2012 Difference Assets 2,002.5 2,168.3 + 165.7 Shareholders' Equity 549.0 764.3 + 215.3 Ratio of Shareholders' Equity (%) 27.4 35.2 + 7.8 Interest Bearing Debts 963.6 922.0 - 41.6 Debt/Equity Ratio (times) 1.8 1.2 -

  7. Slide 7: Consolidated Statements of Cash Flow

    Consolidated Financial Summary Consolidated Statements of Cash Flow 1-3Q/FY11 1-3Q/FY12 Difference Cash Flow from Operating Activities 160.7 166.7 + 6.0 Cash Flow from Investing Activities - 92.3 - 472.5 - 380.2 Cash Flow from Financing Activities 38.4 115.2 + 76.8 Net Increase or Decrease 106.6 - 1

  8. Slide 8: Results by Segment

    Consolidated Financial Summary Results by Segment 1-3Q/FY11 1-3Q/FY12 Difference 3Q/FY12 Difference Air Transportation 957.5 1,010.7 + 53.1 338.7 + 12.2 Travel Services 119.4 123.6 + 4.2 39.3 - 1.6 Total for Reporting Segments 1,077.0 1,134.4 + 57.4 378.0 + 10.6 Revenues Other 103.6 111.6 + 7.9 38.0

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

    Air Transportation Business Operating Revenues and Expenses 1-3Q/FY11 1-3Q/FY12 Difference 3Q/FY12 Difference Domestic Passengers 497.2 516.0 + 18.7 173.0 + 3.5 International Passengers 241.9 264.9 + 23.0 85.1 + 2.8 Operating Revenues Cargo and Mail 97.8 94.5 - 3.2 33.8 + 0.9 Others 120.5 135.1 + 14

  10. Slide 10: Changes in Operating Income

    Air Transportation Business ・Revenue from contracted ･Commission, Advertisement Changes in Operating Income Maintenance and Handling ･In- In-flight service ・Mileage/Card Other Expense ･Ground Handling, etc. (¥ Billion） ・LCC Business, etc. - 5.7 +7.1 ･Landing/Navigation Fees ･Depreciation Internation

  11. Slide 11: Domestic Passenger Operations

    Air Transportation Business Domestic Passenger Operations 1-3Q/FY11 1-3Q/FY12 % Y/Y 3Q/FY12 % Y/Y Available Seat Km (million) 42,719 44,561 + 4.3 14,834 + 3.6 Revenue Passenger Km (million) 26,168 27,845 + 6.4 9,509 + 4.3 Passengers (thousands) 29,552 31,568 + 6.8 10,795 + 4.4 Load Factor (%) 61.3 6

  12. Slide 12: Trends in Domestic Passenger Operations

    Air Transportation Business Trends in Domestic Passenger Operations （Does not include AirAsia Japan） 1-3Q Cumulative Change Factors Monthly Trends in Domestic Passengers  Large revenue increase owing to passenger factors Steady passenger numbers with active pursuit of promotional because of demand

  13. Slide 13: International Passenger Operations

    Air Transportation Business International Passenger Operations 1-3Q/FY11 1-3Q/FY12 % Y/Y 3Q/FY12 % Y/Y Available Seat Km (million) 25,543 28,218 + 10.5 9,727 + 12.8 Revenue Passenger Km (million) 18,594 21,395 + 15.1 7,053 + 10.4 Passengers (thousands) 4,328 4,769 + 10.2 1,457 - 2.0 Load Factor (%)

  14. Slide 14: Trends in International Passenger Operations

    Air Transportation Business Trends in International Passenger Operations （Does not include AirAsia Japan） 1-3Q Cumulative Change Factors Quarterly ASK / RPK / Yield Trends Revenue up from passenger factors, especially on North RPK increased in line with general growth in ASK, America/European rout

  15. Slide 15: Trends in International Passenger Operations: Senkaku Impact

    Air Transportation Business Trends in International Passenger Operations Impact on Senkaku Islands Territorial Dispute Trends in ASK/RPK （Plans vs. Results） of International Routes by Destination  Passenger trends have been as we expected since  Trends in RPK of the North America continued to the

  16. Slide 16: Domestic Cargo Operations

    Air Transportation Business Domestic Cargo Operations 1-3Q/FY11 1-3Q/FY12 % Y/Y 3Q/FY12 % Y/Y Available Ton Km (million) 1,354 1,467 + 8.3 491 + 9.1 Revenue Ton Km (million) 356 356 + 0.1 131 + 3.4 Revenue Ton (thousand tons) 358 359 + 0.3 133 + 3.5 Domestic Cargo Load Factor (%) 26.3 24.3 - 2.0* 26

  17. Slide 17: International Cargo Operations

    Air Transportation Business International Cargo Operations 1-3Q/FY11 1-3Q/FY12 % Y/Y 3Q/FY12 % Y/Y Available Ton Km (million) 2,725 2,962 + 8.7 1,035 + 10.9 Revenue Ton Km (million) 1,661 1,830 + 10.2 663 + 14.5 Revenue Ton (thousand tons) 428 463 + 8.2 170 + 12.3 International Load Factor (%) 61.0

  18. Slide 18: Trends in International Cargo Operations

    Air Transportation Business Trends in International Cargo Operations 1-3Q Cumulative Change Factors Cargo Volume and Unit Price Trends ATK increase means more cargo volume is being carried, We are incorporating third country cargo to secure cargo but revenue is down because of unit price factors v

  19. Slide 19: Supplemental Reference

    Ⅱ. Supplemental Reference ©ANA2013 19

  20. Slide 20: Intentionally Blank

    Intentionally Blank ©ANA2013 20

  21. Slide 21: Fuel Price and Exchange Rate

    Supplemental 燃油・為替 Reference Fuel Price and Exchange Rate FY2012 Market Index and Assumptions 1H(A) 2H(E) Dubai Crude Oil (USD/BBL) 106 100 Kerosene (USD/BBL) 124 120 Exchange Rate (JPY/USD) 79 80 Hedging Ratio (as of Dec, 2012) FY2012 FY2013 FY2014 FY2015 70% 60% Fuel Currency 50% 40% 30% 20% 10% 0

  22. Slide 22: Impact of Foreign Exchange Rates

    Supplemental 燃油・為替 Reference Impact of Foreign Exchange Rates (operating income (loss) /including hedge effects; units: billion yen) Revenue Expense (increase + notation (decrease +; notation First Half Quarter Results (Earning Forecast as of 27Apr, 2012 vs. Weighed Avg. during Period) decrease - no

  23. Slide 23: International Passenger Results by Destination

    Supplemental Reference International Passenger Results by Destination 3Q/FY12 1-3Q/FY12 Difference Difference Composition Composition North America 28.3 + 1.4 30.2 + 2.0 Europe 21.9 + 2.2 21.4 + 2.9 Revenue China 17.0 - 2.9 14.4 - 5.0 Asia 27.9 - 0.5 29.2 + 0.1 Resort 4.8 - 0.2 4.8 - 0.1 North Ameri

  24. Slide 24: International Cargo Results by Destination

    Supplemental Reference International Cargo Results by Destination 1-3Q/FY12 3Q/FY12 Difference Difference Composition Composition North America 19.9 - 0.9 20.2 + 1.4 Europe 15.2 - 0.9 14.8 - 0.1 Revenue China 37.4 + 1.2 36.9 - 0.2 Asia 20.5 + 0.3 20.6 - 0.2 Others 6.9 + 0.3 7.5 - 0.9 North America 3

  25. Slide 25: Aircraft in Service

    Supplemental Reference Aircraft in Service Mar, 2012 Dec, 2012 Change Owned Leased Boeing 747-400 (Domestic) 8 5 -3 5 0 Boeing 777-300ER 19 19 － 16 3 Wide-Body Boeing 777-300 7 7 － 7 0 Boeing 777-200ER 7 9 +2 5 4 Boeing 777-200 16 16 － 14 2 Boeing 787-8 6 17 + 11 17 0 Boeing 767-300ER 26 26 － 6 20 M

  26. Slide 26: 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

  27. Slide 27: 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

  28. Slide 28: 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 ©ANA2013 28

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