Annual Report 2008-2009 - Emirates.com

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Employee strength and productivity A breakdown of the average number of employees by category is shown below: 069 Airport operations 6,113 Cargo handling 1,069 Dnata agencies 943 Other 1,729 Total Dnata 9,854 Subsidiary companies 2,580 Average employee strength 12,434 During the year under review, the average workforce increased by 794 (6.8%) to 12,434. Revenue per employee for Dnata increased by 7.8% to AED 260,232 from AED 241,493 in 2007-08. 2008-09 2007-08 5,611 1,036 818 1,508 8,973 2,667 11,640 Value added, which is a measure of wealth created by Dnata during the year, was up by 2.3% to AED 1,693 million (2007-08: AED 1,655 million). This is equivalent to AED 171,780 per employee (2007-08: AED 184,397). Aircraft handled per airport employee was 20 (2007-08: 21) while passengers handled per airport employee was 6,156 (2007-08: 6,342). Cargo handled per cargo handling employee was 586,860 kgs compared with 610,569 kgs in 2007-08. Average employees ('000) 10 8 6 4 2 Employee strength and productivity 0 0 2004-05 2005-06 2006-07 2007-08 2008-09 Revenue per employee Average employees Value added per employee 280 240 200 160 120 80 40 AED('000)
The Emirates Group Terms 070 Glossary 1. ATKM (Available Tonne Kilometre) - Overall capacity measured in tonnes available for carriage of passengers and cargo load multiplied by the distance flown 2. RTKM (Revenue Tonne Kilometre) - Actual traffic load (passenger and cargo) carried measured in terms of tonnes multiplied by the distance flown 3. ASKM (Available Seat Kilometre) - Passenger seat capacity measured in seats available multiplied by the distance flown 4. RPKM (Revenue Passenger Kilometre) - Number of passengers carried multiplied by the distance flown 5. EBITDAR - Operating profit before depreciation, amortisation and operating lease rentals 6. Shareholder's funds - Equity attributable to the Owner 7. Net Profit - Profit attributable to the Owner Ratios 1. Passenger seat factor - RPKM divided by ASKM 2. Overall load factor - RTKM divided by ATKM 3. Yield (Fils per RTKM) - Transport revenue earned per RTKM 4. Unit cost (Fils per ATKM) - Transport operating costs incurred per ATKM 5. Breakeven load factor - The load factor at which revenue will equal operating costs 6. Operating margin - Operating profit expressed as a percentage of the sum of operating revenue and other operating income 7. Net margin - Profit attributable to the Owner expressed as a percentage of sum of the operating revenue and other operating income 8. Return on shareholder’s funds - Profit attributable to the Owner expressed as a percentage of average shareholder’s funds 9. Operating cash margin - Cash generated from operating activities expressed as a percentage of the sum of operating revenue and other operating income
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Annual Report 2008-2009 The Emirate
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The Emirates Group Emirates is the
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4 The Emirates Group Chairman and C
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6 The Emirates Group Chairman and C
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8 The Emirates Group Executive Vice
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First Class Suite 10 Emirates Presi
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12 Emirates The Airline Emirates A3
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14 Emirates The Airline 15 Emirates
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Other firsts included: The implemen
Page 20 and 21: A series of relief charter flights
Page 22 and 23: In West Asia, the total number of f
Page 24 and 25: Public, International, Industry and
Page 26 and 27: the aircraft had a direct impact on
Page 28 and 29: Creek extensions, and finally linki
Page 30 and 31: In Dubai, Dnata Travel Services ope
Page 32 and 33: coordination between them. This has
Page 34 and 35: Government Travel Services (GTS) ex
Page 36 and 37: XDAS also provided support for the
Page 38 and 39: EmQuest EmQuest is a travel distrib
Page 40 and 41: airport by serving 99,000 flights d
Page 42 and 43: Creation of the Customer Knowledge
Page 44 and 45: Tanzania; oversee Dnata Travel’s
Page 46 and 47: external agencies such as Dubai Imm
Page 48 and 49: - An enhanced version of flightcrew
Page 50 and 51: 3 was heavily advertised, This incl
Page 52 and 53: was attended by officials of the Ba
Page 54 and 55: Contents Financial Report 2008-2009
Page 56 and 57: Consolidated financial statements T
Page 58 and 59: Profitability Group net profit for
Page 60 and 61: Value added Value added is a measur
Page 62 and 63: Fuel and oil 14,443 Employee (see (
Page 64 and 65: Capacity, traffic, load factor and
Page 66 and 67: At 31 Mach 2009: Fleet information
Page 68 and 69: Expenditure 067 2008-09 2007-08 AED
Page 72 and 73: Independent auditor’s report to t
Page 74 and 75: Consolidated balance sheet as at 31
Page 76 and 77: Consolidated cash flow statement fo
Page 78 and 79: 2. Summary of significant accountin
Page 84 and 85: 3. Critical accounting estimates an
Page 86 and 87: 4. Revenue (continued) Transport re
Page 88 and 89: 10. Property, plant and equipment C
Page 90 and 91: 11. Intangible assets Cost 1 April
Page 92 and 93: Movement of investments in associat
Page 94 and 95: 14. Other investments (continued) (
Page 96 and 97: 18. Capital Capital represents the
Page 98 and 99: 22. Term loans Balance brought forw
Page 100 and 101: 24. Provisions (continued) (i) Fund
Page 102 and 103: 27. Trade and other payables Trade
Page 104 and 105: 32. Derivative financial instrument
Page 106 and 107: 34. Related party transactions The
Page 108 and 109: 35. Financial risk management Finan
Page 110 and 111: 35. Financial risk management (cont
Page 112 and 113: 36. Capital risk management Emirate
Page 114 and 115: Consolidated income statement for t
Page 116 and 117: 1 April 2007 62,615 Currency transl
Page 118 and 119: 1. Establishment and operations Not
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2. Summary of significant accountin
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2. Summary of significant accountin
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8. Property, plant and equipment Co
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10. Investments in subsidiaries, as
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12. Trade and other receivables Tra
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14. Employee end of service benefit
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17. Trade and other payables Less t
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23. Related party transactions The
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24. Financial risk management Dnata
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24. Financial risk management (cont
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