CapitalA Depreciation on right of use asset Quarter ended 31/12/2022 RM million: Quarter ended 31/12/2021 RM million Operating aircraft 220.0 :141.2 Non-operating aircraft 93.9: 246.6 Others 1.3 :18.4 Total: 315.2 :406.2 (ii) Finance costs - lease liabilities Quarter ended 31/12/2022 RM million: Quarter ended 31/12/2021RM million Operating aircraft 168.0:58.1 Non-operating aircraft 92.4: 98.7 Total: 260.4:156.8 Do anyone know what the above mean?
Note: AAX quarter end 31/12/2022 Aircraft lease expenses: (11,547,000) Maintenance and overhaul: (10,516,000) Do you know how much AA charged AAX for these two cost previously when AA is the lessor?
Watch out what will Stony pull out from his magic hat on Mid April 2023 CapitalA regularisation plan.
i) On the Consolidated Income Statement, expenses which were previously included under aircraft operating leases will be replaced by finance costs – lease liabilities and depreciation of right of use asset;
ii) On the Consolidated Cash Flow Statement, operating lease rental outflows, previously recorded within net cashflow from operating activities, are classified as “net cashflow used in financing activities” for repayment of principal of lease liabilities.
Share a good teacher, when I met Glove Stock, it was the teacher who helped me to solve it and helped my stock market slowly recover losses. I hope that retail investors can unite. What good news can be shared together and spent the difficulties together
Just be mindful pre-covid19 AA has milked AAX, Indonesia, Thailand, Japan, India, Philippine airasia to the bone so that AA can make the huge profit.
Post covid19 when AAX start to make profit with independent third party aircraft lessors and CapitA is now planning to inject CapitalA aviation with its billions in net liabilities to AAX in order to save CapitalA.
Watch out the promised regularisation plan due on Mid April 2023.
this chow yun fatt .... dont make gamble only scared no wonder envy the man ... who wins Stony the legend... comback inevetable .... make dream of every malaysian to travel possilbe from IMPOSSIBLE
You all watch this Sslee skills… he is the real God of Gambler. Don’t play play with Sslee. You see his picture profile in i3 you immediately know he is the master of Bursa Gambling…
You all watch this Sslee skills… he is the real God of Gambler. Don’t play play with Sslee. You see his picture profile in i3 you immediately know he is the master of Bursa Gambling…
Trust no one but the figure. People lie, figures will not lie, but “liars will figure.”
In 4Q2022: Aviation: Recorded a segmental revenue of RM2.1 billion and positive EBITDA of RM598 million. This was mainly attributed to the surge in international travel, which led to the resumption of former existing routes and the introduction of new routes where forecast demand is strongest.
Just to boost about EBITDA of RM598 million, CapitalA hide the Aircraft operating lease expenses and finance cost of lease liabilities as Finance cost and not in Operating cost.
The adoption of MFRS 16 has the following impact:
i) On the Consolidated Income Statement, expenses which were previously included under aircraft operating leases will be replaced by finance costs – lease liabilities and depreciation of right of use asset;
Depreciation on right of use asset Quarter ended 31/12/2022 RM million: Quarter ended 31/12/2021 RM million Operating aircraft 220.0 :141.2 Non-operating aircraft 93.9: 246.6 Others 1.3 :18.4 Total: 315.2 :406.2 (ii) Finance costs - lease liabilities Quarter ended 31/12/2022 RM million: Quarter ended 31/12/2021RM million Operating aircraft 168.0:58.1 Non-operating aircraft 92.4: 98.7 Total: 260.4:156.8
With aircraft operating leases of RM 315.2 million and Finance costs (interest payment)- lease liabilities of RM 260.4 million per quarter.
How much profit can multi-millions free seats promotion and seat sales will bring to CapitalA? How much Capitals must earn to serve the lease liabilities pricipal and interest and for how long?
Note: Quarter ended 31/12/2022 Net profit of RM 172,357,000 because of Foreign currency gain RM 207,722,000 Share of profit of associate: RM 166,495,000 And
Maintenance and overhaul (i) Included in the maintenance and overhaul for the quarter was a reversal of provision of maintenance which amounted to RM 233 million arising from change in estimates,lease restructuring and redelivery of aircraft.
(ii) Other operating expenses Included in the other operating expenses for the quarter was a reversal of impairment on ROU assets previously provided, which amounted to RM160.8 million and impairment on investment securities and receivables of RM53.3 million.
(iii) Other income Other income mainly includes commission and advertising income, forfeited revenue,insurance claims and management fee for provision of shared services to associates.
Noted sslee thats why they are going to have 200 of their planes back flying ... that will be another key news !! only good news ahead risk is low upside is so much ! look at AAX , getting out of pn17 will boost confidence on capA as well ... noted and flyyyyyy like airasia
sslee you are wasting your time Fanboys believe RM10 billion can be earned at the speed of corruption via TT from 2MDB via routing from Somalia, 3MDB via routing from Afghanistan and 4MDB via routing from North Korea
sslee I figure I can make back RM10 billion from selling nasi lemak menu ramah. If I do that I agree to donate RM10 Billion to CapA one way is to sell my nasi lemak menu ramah company at great personal sacrifice to Jaks for RM 10 Billion.
Good morning i3lurker, Maybe it is more fancy and logical if Stony and ALP can work together for Jaks to buy over CapitalA avition for RM 15 billion by issuing 50 billion Jaks share to CapitalA.
Jaks will then book the 24 billion goodwill as non current asset and provide for impairment loss on goodwill of 240 miliion yearly for the next 100 years.
I had to restudy my english cos totaly cant undestnd what the sslee writing above. ... But anyway let me know when the time to buy in CA= timing to sell off all my in hand stock..thank...
Meowwww 10 bil only??? Revenue per year also HIGHER , at 12.5 bil!!!AA highest earning is 2 bil in a year. only need 5 good years to clear the debt... SImpleeee tony say apa pn17 Tomorrow stony will show power of take-off no turbulence!!
SSLee failed to realise that AA/CapitalA is making revenue unlike during lockdown period when it was big fat ZERO. If you believe in numbers check it again and see where the differences are occurring. Revenue is indeed changing, what else, find out! As for the debt, it will vanish unless licence to operate is revoked.
Sslee can go f*** himself since he has no life everyday so pessimistic about air Asia. Why? Because he bought a lot before pandemic and he lost all his money.
Other passenger revenue includes ancillary income such as baggage fees, assigned seats, cancellations, documentation and other fees, and on-board sale of meals and merchandise
Other income Group 2018: 2017 RM’000 RM’000 Gain on disposal of property, plant and equipment 298,816: 64,281 Gain on disposal of investment in a subsidiary 350,317: - Gain on disposal of investment in a joint venture - :167,688 Fees charged to associates providing commercial air transport services 74,291: 76,310 Fees charged to related parties providing commercial air transport services 40,235: 30,467 Dividend income from a related party 3,078: 5,336 Aircraft wet lease income 76,928: 187,298 Others 349,611: 267,926 1,193,276: 799,306 Other income (“others”) includes commission income and advertising income.
So post covid will capitalA revenue still able to have: 2018:2017 RM'000:RM'000 Aircraft operating lease income: 848,901: 991,549 And Others income: gain on disposal of PPE/investmentin subsidiary/JV and free charged to associates and related parties.
Without above lease and others income is CapitalA aviation still able to make profit of billion???
Note: Without above AA 2019 make a net loss of RM(283,223,000) with revenue of RM 11,860,403,000
Posted by The_JQuestion > Mar 19, 2023 11:34 AM | Report Abuse Meowwww 10 bil only??? Revenue per year also HIGHER , at 12.5 bil!!!AA highest earning is 2 bil in a year. only need 5 good years to clear the debt... SImpleeee tony say apa pn17 Tomorrow stony will show power of take-off no turbulence!!
aairaisa flight is full almost everyday!!! Can’t wait to see q1 2023 QR report! China visa is open everybody will go to china travel!!! Q1 CNY Q2 Hari Raya Holiday season make everyone fly!
price push up more likely related to right issue to get the better selling price. airline business always not the good invest target. Tony just use the magic to swap the debt become look nice in report
Air Asia super app has big potential plus it is earning money unlike grab foodpanda, airasia ride, air Asia delivery, teleport courier service in ASEAN using its own air Asia flight. Connectivity is even better than dhl fedex
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
speakup
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Posted by speakup > 2 months ago | Report Abuse
Back to Icap buying price. TTB must be happy.