Annual Report 2008-2009 - Emirates.com

The Emirates Group
056
Financial statistics
Group
Total revenue* AED (million) 46,258.8
Total expenditure* AED (million) 44,706.0
Operating profit AED (million) 3,040.1
Net profit AED (million) 1,489.0
Operating margin* % 6.7
Net margin* % 3.3
Group cash funds AED (million) 8,718.1
Shareholder's funds AED (million) 18,962.5
Return on shareholder's funds % 7.9
Value added AED (million) 11,696.4
Emirates
Total revenue AED (million) 44,189.0
Total expenditure AED (million) 43,143.4
Operating profit AED (million) 2,573.3
Net profit AED (million) 981.7
Operating margin % 5.9
Net margin % 2.2
Value added AED (million) 9,566.8
Dnata
Total revenue AED (million) 3,250.2
Total expenditure AED (million) 2,742.9
Operating profit AED (million) 466.8
Net profit AED (million) 507.3
Operating margin % 14.7
Net margin % 16.0
Value added AED (million) 2,132.4
2007-08 figures have been re-classified to conform with the current year's presentation.
2008-09 2007-08 % Change
41,916.4
36,536.5
4,696.2
5,325.3
11.6
13.2
14,002.9
18,866.6
31.6
14,789.8
40,196.6
35,121.7
4,451.0
5,020.4
11.5
12.9
13,012.9
2,668.5
2,363.5
245.2
304.9
9.5
11.8
1,778.3
10.4
22.4
(35.3)
(72.0)
(4.9) pts
(9.9) pts
(37.7)
0.5
(23.7) pts
(20.9)
9.9
22.8
(42.2)
(80.4)
(5.6) pts
(10.7) pts
(26.5)
21.8
16.1
90.3
66.4
5.2 pts
4.2 pts
*After eliminating inter company transactions of AED 1,180.3 million in 2008-09 (2007-08: AED 948.7 million ), comprising operating
income / expense of AED 1,177.5 million (2007-08: AED 947.3 million) and interest income / expense of AED 2.8 million (2007-08:
AED 1.4 million).
The financial year of the Emirates Group is from 1 April to 31 March. Throughout this report all figures are in UAE Dirhams (AED)
unless otherwise stated. The exchange rate of the Dirham to the US Dollar is fixed at 3.67.
The percentage change has been based on the exact figures before rounding in respect of the two financial years.
19.9