Annual Report 2020

INCOME STATEMENTS For the financial year ended 31December 2020 Group Company Note 2020 RM'000 2019 RM'000 2020 RM'000 2020 RM'000 Revenue 4(a) 3,131,213 11,860,403 - - Other income 4(b) 471,561 648,826 3,774 3,011,253 Operating expenses - Staff costs 5(a) (1,166,181) (1,876,196) (14,095) (64,106) - Depreciation of property, plant and equipment 11 (150,920) (221,502) - - - Depreciation of right-of-use assets 29 (1,922,078) (1,241,749) - - - Aircraft fuel expenses 7(a) (1,962,679) (4,204,771) - - - Maintenance and overhaul 7(b) (533,746) (1,331,260) - - - User charges 7(c) (703,567) (1,758,689) - - - Other operating expenses 6 (2,585,857) (1,150,485) (247,647) (24,295) Operating (loss)/profit (5,422,254) 724,577 (257,968) 2,922,852 Finance income 8(a) 115,944 119,990 298 18,733 Finance costs 8(b) (713,651) (775,733) (2) (2) Net operating (loss)/profit (6,019,961) 68,834 (257,672) 2,941,583 Foreign exchange gains/(loss) 8(c) 444,763 105,973 533 (3,707) Net fair value losses on derivatives 8(d) (141,953) (247,593) - - Gain on disposal of investment in an associate 14 152,911 - - - Fair value of retained interest in a previous associate 14 76,456 - - - Share of results of joint ventures (693) - - - Share of results of associates (62,822) (448,874) - - (Loss)/profit before taxation (5,551,299) (521,660) (257,139) 2,937,876 (Loss)/profit before taxation brought forward (5,551,299) (521,660) (257,139) 2,937,876 Taxation - Current taxation 9 (17,803) (34,815) (4,461) - - Deferred taxation 9 (318,826) 273,252 - - (336,629) 238,437 (4,461) - Net (loss)/profit for the financial year (5,887,928) (283,223) (261,600) 2,937,876 Net (loss)/profit for the financial year attributable to: - Owners of the Company (5,111,667) (315,807) - Non-controlling interests (776,261) 32,584 (5,887,928) (283,223) Loss per share attributable to owners of the Company (sen) - Basic 10 (153.0) (9.4) - Diluted 10 (153.0) (9.4) The accompanying accounting policies and explanatory notes form an integral part of the financial statements. 178 AIRASIA GROUP BERHAD