CONTENTS
¥°. Introduction
¥±. Body
1. Financial Statements
2. Important 10 Financial Numbers & Interpret
3. 5 Key Ratios & Interpret
¥². Conclusion
¥°. Introduction
Air Canada is Canada`s largest full-service airline and the largest provider of scheduled passenger services in the Canadian market, the Canada-U.S. transborder market and in the international market to and from Canada. Air Canada is a founding member of the Star Alliance network, the world`s most comprehensive air transportation network. Through its membership in the Star Alliance network, Air Canada is able to offer its customers access to approximately 1,160 destinations in 181 countries, as well as reciprocal participation in frequent flyer programs and use of airport lounges.
Together with Canada Express(operated by Jazz only), Air Canada serves over 32 million customers annually and provides direct passenger service to over 170 destinations on five contine¡¦(»ý·«)
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h they generate profit. Therefore, to want to know company`s profitability operating profit is important number.
3) Net income
Net income of Air Canada is $107,000,000. Net income is gross profit deducted interest, taxes and others. It is the income finally the company got. Although the company generate a profit in gross profit, it can be loss. Because interest of debt or taxes will be greater than gross profit. That`s why we should still see the net income.
4) Cash Flows from Operating Activities
Total cash flows from operating activities are $864,000,000. Operating activities show all about cash flows related to business operating. We know that amount of total cash from operating activities have increased greatly compared with the number in 2009.
5) Cash Flows from Financing Activities
Total cash flows from financing activities are $7,000,000. Financing activities record all transactions that influence capital and liability accounts. As well as operating activities