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(RM MILLION) FOR THE YEAR ENDED 31 DECEMBER 2019 2018 2019 INCOME STATEMENT 1.Revenue 10,638 11,860...

(RM MILLION)

FOR THE YEAR ENDED 31 DECEMBER 2019

2018

2019

INCOME STATEMENT

1.Revenue

10,638

11,860

2.Net total expenses

9,419

11,136

3.Operating profit

1,219

725

4.Profit before taxation

1,335

-522

5.Taxation

360

238

6.Net profit

1,695

-283

BALANCE SHEET

7.Deposits, cash and bank balances

3,327

2,588

8.Total assets

18,550

25,595

9.Net debt (Total debt - Total Cash)

287

-2,159

10.Shareholders' equity

6,185

2,911

CASH FLOW STATEMENTS

11.Cash flow from operating activities

353

2,081

12.Cash flow from investing activities

9,049

4,660

13.Cash flow from financing activities

-8,087

-7,584

14. Net Cash Flow

1,316

-842

FINANCIAL PERFORMANCE (%)

15. Return on total assets

9.1

-1.1

16. Return on shareholders' equity

27.4

-9.7

17. R.O.C.E. (EBIT/(Net Debt + Equity))

30.0

34.0

18. Operating profit margin

11.5

6.1

19. Net profit margin

15.9

-2.4

20. Overall performance of AirAsia for the year 2019.

?
  1. Analyse each item of the financial position of AirAsia Berhad using the comparative performance between year ended 2019 with year ended 2018 given.       

Solutions

Expert Solution

Analysis of Air Asia Berhad financial position-comparitive performance ( figures in RM million)

Income statement

1. Revenue has fallen by 1222 in 2019 ie by 10.30% compared to 2018

2. net total expenses have fallen by 1717 in 2019 ie by 15.42% compared to 2018

3.operating profit has risen by 494 in 2019 ie by 68.13% compared to 2018

4.Profit before taxation has risen by 1857 in 2019 ie by 355.74% from loss of 522 in 2018

5.taxation has gone up by 122 in 2019 ie by 51.26% compared to 2018

6.Net profit has gone up by 1978 in 2019 ie by 698.94% compared to 2018

Balance Sheet

7.Deposits,cash and Bank balances have increased by 739 in 2019 ie by 28.55%

8.Total assets have gone down by 7045 in 2019 ie by 27.52% compared to 2018

9.Net debt has increased by 2446 in 2019 ie by 113.29 % compared to 2018

10.share holder's equity has increased by 3274 in 2019 ie by 112.46% compared to 2018

Cash flow statements

11.cash flow from operating activities have come down by 1728 in 2019 ie by 83.03% compared to 2018

12.cash flow from investing activities have gone up by 4389 in 2019 ie by 94.18% compared to 2018

13. Negative cash flow from financing activities have gone up by 503 in 2019 ie by 6.63% compared to 2018

14. Net cash flow has gone up by 2158 in 2019 ie by 256. 29% compared to 2018 (842 negative)

Financial Performance

15. ROA has gone up by 10.2 in 2019 ie by 927.27 % from negative1.1% in 2018

16.ROE has gone up by 37.1 in 2019 ie by 328.47% from negative 9.7% in 2018

17. ROCE has gone down by 4 in 2019 ie by 11.76% compared to 2018

18.operating profit margin has increased by 5.4 in 2019 ie by 88.52% compared to 2018

19.Net profit margin has gone up by 18.3 in 2019 ie by 762.5%compared to 2018

20. company has done well in terms of net profit,assets,Shareholders equity,overall net cash flow, Also ROE & ROA HAVE increased,operating profit margin has increased. Overall there is sound performance in 2019

jeff jeffy answered 2 years ago
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