Capital A Berhad · MYX:CAPITALA
Capital A Berhad — AirAsia Group Berhad — FY2018 Earnings Presentation
15 slides from Capital A Berhad's earnings presentation, Feb 27, 2019
Slide 1: Analyst Presentation Fourth Quarter & Full Year 2018 Financial Results
1 >, WORLD'S BEST LOW-COST AIRLINE YEARS RUNNING ANALYST PRESENTATION FOURTH QUARTER & FULL YEAR 2018 FINANCIAL RESULTS 27 February 2019
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER Information contained in our presentation is intended solely for your personal reference andi is strictly confidential. Such information is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning the Company. Neithe
Slide 3: Full Year 2018 Highlights
FULL YEAR 2018 HIGHLIGHTS 1. Financial Performance & Operating Statistics — AirAsia Group Berhad (“AAGB”) (RM million) FY18 FY17 Change Revenue 10,604 9,710 +9% Net Operating Profit 830 1,639 -49% Net Profit 1,711 1,571 +9% Average Fuel Price (USD bbl) 89 67 +33% ASK Growth (million) 66,260 58,311 +
Slide 4: 4Q2018 Highlights
4Q2018 HIGHLIGHTS 2. Financial Performance - AAGB arr Normalised (RM million) 4Q18 Profit 4Q17 Change Revenue 2,823 - 2,657 +6% Net Operating Profit/(Loss) (220) 98 550 >-100% Net Profit (457) (139) 434 >-100% Passenger seat sales 2,067 - 1,899 +9% Average Fuel Price (USD bbl) 92 - 69 +33% + Profita
Slide 5: 4Q2018 Highlights: Operating Statistics
4Q2018 HIGHLIGHTS 3. Operating Statistics - AAGB ASK Growth (million) 17,870 15,610 +14% Capacity 14,380,134 11,930,844 +21% Passengers Carried 12,109,141 10,440,022 +16% Load Factor 84% 88% -4 ppts RASK (sen) 14.82 15.46 -4% CASK (sen) 16.58 13.05 +27% CASK ex. fuel (sen) 10.35 8.26 +25% Average Fa
Slide 6: Strategy for 2019
STRATEGY FOR 2019 Confident that all ASEAN AOCs will be profitable. Strong trend in first quarter on pax and load. FY2019 Group load target of 85%. Country MAA IAA PAA TAA AAI Forward 1Q19 Load Factor 86% 85% 91% 90% 87% Strategy for potential fuel hike: * FY2019, 52% of Brent hedged at USD63.41 bbl
Slide 7: Strategy for 2019: AirAsia.com
STRATEGY FOR 2019 AirAsia.com: 7 Z It’s + AirAsia.com generating in excess of RM16 billion Friday night in revenue from online flight ticket sales in Let’s go somewhere. FY2018 - one of the biggest revenue generating online platforms in Asia today + Launched enhanced booking site and mobile booking
Slide 8: Thank You / Appendix
THANK YOU & APPENDIX = iin ’ WORLD'S BEST LOW-COST AIRLINE - ? ne
Slide 9: Malaysia Income Statements
MALAYSIA 4Q18 & FY2018 INCOME STATEMENTS Quarter Ended: 31 December Oct - Dec Oct-Dec Change #§Year Ended: 31 December Jan — Dec Jan-Dec Change RM’000 2018 2017 YoY RM’000 2018 2017 YoY Revenue 1,876,388 1,811,975 4% Revenue 7,240,202 6,441,140 12% Operating expenses: Operating expenses: - Staff cos
Slide 10: Malaysia Operating Statistics
MALAYSIA 4Q18 & FY2018 OPERATING STATISTICS Oct - Dec Oct - Dec Quarter Ended: 31 December 2018 2017 change Year Ended: 31 December ares aca crange Passengers Carried 8,523,287 7,796,296 9% Passengers Carried 32,332,497 29,182,553 11% Capacity 10,205,214 8,803,164 16% Capacity 38,044,614 32,854,346
Slide 11: Indonesia Income Statements
INDONESIA 4Q18 & FY2018 INCOME STATEMENTS Quarter Ended: 31 Decemb: Oct — Dec Change Year Ended: 31 December Dec Dec Change IDR ‘000 2017 YoY IDR ‘O00 2018 2017 YoY Revenue 1,315,379,840 | 855,092,160 54% Revenue 4,199,140,762 | 3,768,679,118| 11% Operating expenses: Operating expenses: - Staff cost
Slide 12: Indonesia Operating Statistics
INDONESIA 4Q18 & FY2018 OPERATING STATISTICS Quarter Ended: 31 December enna Ooo. eran Year Ended: 31 December aes aca crange Passengers Carried 1,724,836 1,108,130 56% Passengers Carried 5,238,022 4,634,001 13% Capacity 2,090,880 1,394,820 50% Capacity 6,412,860 5,547,960 16% Seat Load Factor 83% 7
Slide 13: Philippines Income Statements
PHILIPPINES 4Q18 & FY2018 INCOME STATEMENTS Quarter Ende 1 December Oct - Dec ange Year Ended: 31 December in - Dec Jan - Dec Change PHP’000 2018 2017 YoY "000 2018 2017 Revenue 5,739,092 4,727,054 21% Revenue 20,908,641 | 15,928,690 31% Operating expenses: Operating expenses: - Staff costs (701,641
Slide 14: Philippines Operating Statistics
PHILIPPINES 4Q18 & FY2018 OPERATING STATISTICS Quarter Ended: 31 December oa nee change Year Ended: 31 December ares ae orange Passengers Carried 1,861,018 1,535,596 21% Passengers Carried 6,866,862 5,276,418 30% Capacity 2,084,040 | 1,732,860 20% Capacity 8,079,480 | 6,032,700 34% Seat Load Factor
Slide 15: Full Year 2018 Highlights - AAGB
FULL YEAR 2018 HIGHLIGHTS - AAGB Steady Growing Ancillary + AirAsia Group Berhad’s!] ancillary revenue reported RM571mil up 12% for the 4th quarter and full year 2018 of RM2.06bil, grew 7% against FY2017. The 6 AOCs generated ancillary revenue of RM3.09bil up by 11% YoY. + For the full year Malaysia