British airways financial statements 2012. IAG 2022-12-23

British airways financial statements 2012 Rating: 7,1/10 1709 reviews

British Airways is a major international airline headquartered in Waterside, Harmondsworth, England. The company was founded in 1974 and has since become one of the largest and most well-known airlines in the world, serving customers in over 180 countries.

In 2012, British Airways released its financial statements for the year, which showed the company's financial performance and provided insight into its operations. According to the statements, British Airways had a revenue of £9,919 million in 2012, which was an increase of 2.3% from the previous year. This revenue was generated primarily through ticket sales, cargo operations, and other related services.

One of the key financial indicators for any company is its profit margin, which reflects the percentage of revenue that is converted as profit. In 2012, British Airways had a profit margin of 4.7%, which was a decrease from the previous year's margin of 5.3%. This decrease was attributed to a number of factors, including increased fuel costs and competition in the airline industry.

British Airways also reported a net profit of £387 million in 2012, which was a decrease of 5.6% from the previous year. This decrease was also largely due to increased fuel costs and competition. Despite this decrease, the company's net profit was still relatively strong, and British Airways continued to be a financially stable and profitable company.

In terms of assets, British Airways had a total of £9,837 million in 2012, which was an increase of 3.4% from the previous year. The company's assets included a fleet of over 280 aircraft, as well as other physical assets such as terminals and maintenance facilities.

British Airways also had a strong balance sheet in 2012, with a debt-to-equity ratio of just 0.45. This ratio reflects the amount of debt the company has relative to its equity, and a low ratio is generally considered to be a good sign of financial stability.

Overall, the financial statements for British Airways in 2012 showed the company to be a financially stable and profitable enterprise, despite facing challenges such as increased fuel costs and competition in the industry. The company's strong revenue and assets, along with its low debt-to-equity ratio, indicated that it was well-positioned to continue its success in the years ahead.

British Airways plc: annual revenue by country 2012

british airways financial statements 2012

Internal users of financial statements include the shareholders owners , employees, and management. The company invests in best human capital, high revenue generation products and diversified network to achieve its objective of leading the industry. It could be conclude that the company is paying off its obligations time to time by its operational activities and cost reduction techniques. The paper "How british airways Has Been Able to Grow" is a good example of a business case study. . In 2008 it was 4. The marginal ratio of the company in the year 2008 was 0.

Next

Free Report On Annual Report British Airways

british airways financial statements 2012

This shows the current assets are recovered in 2010 after fell down in 2009. It could be seen in the above chart that the performance of the company increased in the period of 2012-2013. The paper 'The Main Role of Management Accounting of british airways' is a perfect example of a management case study. Fuel cost remained high. E ratio also shows the negative return after 2008. The strike continued for 22 days and led the company to the estimated loss of £150m. In 2009 ratio was 6.


Next

British Airways plc: net profit 2011

british airways financial statements 2012

E of British Airways was 11. The change in revenue is less than the change in the net profit that shows that the company is efficiently utilizing its resources to lower the cost and expenditures. They have adapted online ticketing service for their customers. Fixed assets somehow depend on the sale of the company. The financial risks faced by the company are credit risk, capital risk and market risk. If this continues, this would imply some savings or the management strategies to curb operational expenses are effective. In 2021, British Airways reported a net loss of almost 1.

Next

(PDF) British Airways Plc Annual Report and Accounts Year ended 31 December 2013 Contents

british airways financial statements 2012

The company has also planned to create capacity at the airports for reducing the delays. Quick Ratio: £m Years 2009-2010 2008-2009 2007-2008 Liquid Assets 2576 2219 3036 Current Liabilities 3740 4142 3244 Proportion 0. It means the company will take up its profit in the future. The company faces losses from the last two years continuously. It means that the company went to a loss in the last two years. .

Next

British Airways Financial Statements Report Example

british airways financial statements 2012

This information leads them to make a decision on whether to keep working in the company or look for opportunities elsewhere Puneet Accounting, 2016. The risk management controls the operations with defined parameters. The company has variety of resources including cash reserves and cash equivalent to mitigate the risks that are likely to hit the profitability. This implied that the company is able to meet its obligations. The computation results for current ratio for 2007 and 2008 indicated that the company had less than a dollar of current assets for every dollar of liabilities.

Next

IAG

british airways financial statements 2012

Table 2 shows the vertical common size analysis using total assets as base. In the year 2009 the company G. The long term service was started by British European Airways in 1946. Farnham: Asghate Publishing Ltd. The liquidity ratios of the company for three consecutive years are below one and slightly above one. Companies should prepare their financial statements in an acceptable manner so that they can be compared with the previous year's statement and with the statements of other companies.

Next

Financial Ratio Analysis of British Airways

british airways financial statements 2012

The revenue generation strategies, acquiring different aircrafts and allies lead the company to overcome any hazardous situation in future. The reason for the retention of dividend is the plan for purchasing some non-current assets and expansion of business in other parts of the world. P ratio was 2. The risk management team of the company could further strengthen the position of the company by utilizing its resources and allocating the amount for the upcoming risky situations that could be foreseen by them. . British Airways world cargo has global fright opportunities through the British Airways flight routes. After earning good profits in the previous years, it faced a huge collapse during mid of 2008 and it continued for around two years.

Next

Financial Analysis: British Airways plc

british airways financial statements 2012

. Another significant value seen is the decline of operating lease costs of the airline. . . The reason for the increasing profitability is control over the cost and expenses. Gross profit is the margin on sales before deducting tax. Sometimes the company does not pay dividends to its shareholders.

Next