TOKYO--(Marketwire - Apr 28, 2011) -
ANA Financial Results for Fiscal Year 2010 Sharp improvement in revenues and return to profit 30 billion yen cost reduction in fiscal 2011 TOKYO April 28, 2011 - ANA Group today reports consolidated financial results for the fiscal year ended March, 2011. Traffic growth and the expansion of services from Haneda airport in Tokyo contributed to an increase in both revenues and a return to profits during the year. Operating revenues at 1,357.6 billion yen were up by 10.5% on the previous year while operating income recovered to 67.8 billion yen compared with a loss of 54.2 billion yen. Recurring profit was 37.0 billion yen compared with a loss of 86.3 billion yen, and net income for the period was 23.3 billion yen compared with a loss of 57.3 billion yen. The dividend per share will be 2 yen. Shinichiro Ito, President & CEO of ANA, said: "2010 was a year of business growth and improved operational performance by enhancing competitiveness and improving cost structure. We expanded our international business during the fiscal year with the addition of new services and increased capacity. At the same time we maintained a tight control on costs in line with the plan set out in ANA's FY2010-11 Group Corporate Plan. As a result, our air transport business achieved an increase in revenue and improved profitability compared to the previous year when ANA's performance was affected by the global recession." The following results refer to the twelve month period April 1, 2010 - March 31, 2011. Results for the fourth quarter (January 1 - March 31, 2011) are given for reference only and appear in the right side of each table. Consolidated Financial Performance unit: billion yen (rounded down) 4Q/ Increase FY 2010 FY 2009 Increase %Increase FY vs. 4Q/FY 2010 2009 Operating revenues 1,357.6 1,228.3 +129.3 +10.5 318.5 +13.9 Operating expenses 1,289.8 1,282.6 +7.2 +0.6 328.4 +7.3 Operating income/ 67.8 -54.2 +122.0 - -9.8 +6.5 loss Non-operating -30.7 -32.0 +1.2 - -11.4 +0.8 income/ loss Recurring profit/ 37.0 -86.3 +123.3 - -21.3 +7.3 loss Extraordinary gains -1.9 -9.2 +7.3 - -4.5 +4.3 / loss Net income/ loss 23.3 -57.3 +80.6 - -14.2 +7.9 For the detail, please refer to the following URL; http://www.ana.co.jp/eng/aboutana/corporate/ir/pdf/tan_110428_e.pdf http://www.ana.co.jp/eng/aboutana/press/index_sm.html This information is provided by RNS The company news service from the London Stock Exchange END
Contact Information: Contacts: RNS Customer Services 0044-207797-4400 http://www.rns.com