IAG INTERNATIONAL CONSOLIDATED AIRLINES GROUP S.A. ORD EUR0.50 (CDI)

INTL CONSOL AIR Currency GBX Premium Equity Commercial Companies

Income Statement (£ m)	31-Dec-12	31-Dec-11	31-Dec-10
Continuing Operations
Revenue	14693.43	13450.55	6759.49
Operating Profit/(Loss)	-497.16	370.87	358.15
Net Interest	180.05	163.72	113.10
Profit Before Tax	-808.60	452.72	172.22
Profit After Tax	-717.76	486.13	181.65
Discontinued Operations
Profit After Tax	-30.82	0.00	0.00
PROFIT FOR THE PERIOD	-748.58	486.13	181.65
Attributable to:
Minority Interests	-16.22	-16.71	-12.85
Equity Holders of Parent Company	-764.80	469.43	168.80

Continuing EPS
Earnings per Share - Basic	-39.74p	25.98p	14.65p
Earnings per Share - Diluted	-39.74p	24.81p	14.65p
Earnings per Share - Adjusted	-39.74p	25.98p	14.65p
Continuing and Discontinued EPS
Earnings per Share - Basic	-41.36p	25.98p	14.65p
Earnings per Share - Diluted	-41.36p	24.81p	14.65p
Earnings per Share - Adjusted	-41.36p	25.98p	14.65p

Dividend per Share	0.00p	0.00p	0.00p

Balance Sheet (£ m)	31-Dec-12	31-Dec-11	31-Dec-10
Assets
Non-Current Assets
Property, Plant & Equipment	8050.28	8005.35	6923.14
Intangible Assets	1593.67	1440.03	287.89
Investment Properties	0.00	0.00	0.00
Investments	145.99	137.82	245.91
Other Financial Assets	21.09	30.91	18.85
Other Non-Current Assets	2201.14	1963.75	686.32
	12012.17	11577.85	8162.11
Current Assets
Inventories	335.77	334.11	98.54
Trade & Other Receivables	1321.98	1353.16	650.33
Cash at Bank & in Hand	1104.62	1651.35	785.71
Current Asset Investments	1311.44	1567.83	1316.94
Other Current Assets	2.43	15.04	33.42
	4076.24	4921.48	2884.93

Total Assets	16088.40	16499.33	11047.04

Liabilities
Current Liabilities
Borrowings	-543.39	-483.63	-460.97
Other Current Liabilities	-5591.24	-4969.93	-3144.55
	-6134.63	-5453.56	-3605.52

Net Current Assets	-2058.40	-532.08	-720.59

Non-Current Liabilities
Borrowings	-3347.93	-3595.06	-3524.98
Provisions	-1988.65	-2103.24	-961.36
Other Non-Current Liabilities	-517.44	-598.06	-534.66
	-5854.02	-6296.36	-5020.99

Other Liabilities	n/a	n/a	n/a
Total Liabilities	-11988.65	-11749.92	-8626.51

Net Assets	4099.76	4749.42	2420.53

Capital & Reserves
Share Capital	752.64	775.14	0.00
Share Premium Account	4282.24	4410.29	0.00
Other Reserves	-1178.43	-686.60	2163.48
Retained Earnings	0.00	0.00	0.00
Shareholders Funds	3856.45	4498.83	2163.48

Minority Interests/Other Equity	243.31	250.59	257.05
Total Equity	4099.76	4749.42	2420.53

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10
Continuing Operations
PE Ratio - Adjusted	-4.65	5.67	n/a
PEG - Adjusted	0.02	0.07	n/a
Earnings per Share Growth - Adjusted	-252.98%	77.29%	n/a
Dividend Cover	n/a	n/a	n/a
Revenue Per Share	794.90p	743.91p	586.44p
Pre-Tax Profit per Share	-43.74p	25.04p	14.94p
Operating Margin	-4.66%	4.13%	3.87%
Return on Capital Employed	-7.29%	6.34%	3.91%

Continuing & Discontinued Operations
Dividend Yield	0.00%	0.00%	n/a
Dividend per Share Growth	n/a	n/a	n/a
Net Asset Value per Share (exc. Intangibles)	121.96p	164.86p	101.09p
Net Gearing	72.26%	53.95%	147.92%

Data is provided by Morningstar

INTL CONSOL AIR - Fundamentals