El Al Israel Airlines Ltd · TASE:ELAL
El Al Israel Airlines — FY2011 Earnings Presentation
13 slides from El Al Israel Airlines's earnings presentation, 2012
Slide 1: EL AL Israel Airlines Ltd. 2011
EL AL Israel Airlines Ltd. 2011
Slide 2: Financial statements 2011
Financial statements 2011 Revenues in 2011 increased by 4% to 2.04 billion, compared to about 1.97 billion in the last year Cargo Revenues increased by 8% as a result of the growth of cargo and the yield per ton mile Increase of 20% sales website Cash balance about $85.4 Million after repayme
Slide 3: Main steps for developing engines and reducing expenses
Main steps for developing engines and reducing expenses Dismiss some 200 employees Renew Fleet and discontinuation of use of old aircraft Installing winglets for fuel efficiency Closing routes non profitable to Sau Paulo, Odessa and to Dnepropetrovsk Developing Matmid Club International p
Slide 4: Consolidated Statements of Operations
Consolidated Statements of Operations (in millions USD) 2011 2010 2011 Vs. 2010 $ % of $ % of difference % Operating revenues 2,043.2 100% 1,972.2 100% 70.9 4% Operating expenses 1,764.9 86.4% 1,584.6 80.3% 180.3 11% Gross profit 278.3 13.6% 387.7 19.7% (109.4) -28% Selling expenses 215.9 10.6% 214.
Slide 5: Total traffic 2011 vs. 2010
Total traffic EL AL 6% -9% 2011 Vs. 2010 2011 Vs. 2010 5
Slide 6: Passenger load factor
Passenger L.F - El Al -2% 1% Passenger L.F - other scheduled airlines Other scheduled airlines 9% 1% EL AL 6
Slide 7: Cargo traffic 2011 vs. 2010
2011 Vs. 2010 -2% Total 2011 Vs. 2010 -5% Export Import 2011 Vs. 2010 2% 7
Slide 8: 2011 vs. 2010 traffic comparison
2011 Vs. 2010 1% 2011 Vs. 2010 -3% O/C El Al 2011 Vs. 2010 1% C.A.L 8
Slide 9: Cash balances, including deposits at Dec. 31 (El Al solo)
Cash balances, including deposits at Dec. 31 (El Al solo) M'$ 2007-2011 350 300 260.2 250 207.5 200 167.3 150 113.9 100 85.4 50 0 3 2 7 3 2 8 3 2 9 3 2 3 2 9
Slide 10: Cash flows from operating activities
Cash flows from operating activities 2007-2011 M'$ 2 7 2 8 2 9 2 2 250 231.2 203.3 200 150 118.9 100 61.9 50 22.4 0
Slide 11: Balance sheet
Balance sheet (in millions USD) Assets Liabilities 31/12/2011 31/12/2010 31/12/2011 31/12/2010 Current assets 322 416 Current liabilities 715 732 Non-current assets 1,264 1,305 Long-term liabilities 709 741 Share holders' equity 162 248 Total 1,586 1,721 Total 1,586 1,721
Slide 12: Consolidated Statements of Operations Q4 2011
Consolidated Statements of Operations (in millions USD) Q4/11 Q4/10 Q4/11 Vs. Q4/10 $ % of $ % of difference % Operating revenues 485.4 100% 481.1 100% 4.3 1% Operating expenses 402.4 82.9% 393.8 81.9% 8.5 2% Gross profit 83.0 17.1% 87.2 18.1% (4.2) -5% Selling expenses 55.3 11.4% 54.3 11.3% 1.0 2%
Slide 13: Thank you.
Thank you. 3