Norwegian annual report 2013

The year in brief

Q1
New Routes 4
Passengers (million) 3.9 (+8%)
Aircraft utilization (BLH) 10.6 (+0.4)
Boeing 737-800 deliveries 6
Avg. Spot fuel price USD 1 041 (+2%)
USD/NOK 5.63 (-3%)
Q2
New Routes 50
Passengers (million) 5.5 (+23%)
Aircraft utilization (BLH) 11.6 +0.9
Boeing 737-800 deliveries 1
Avg. Spot fuel price USD 950 (-10%)
USD/NOK 5.83 (+1%)
Q3
New Routes 3
Passengers (million) 6.0 (+16%)
Aircraft utilization (BLH) 12.2 (+0.3)
Boeing 737-800 deliveries 3
Avg. Spot fuel price USD 972 (0%)
USD/NOK 5.99 (+1%)
Q4
New Routes 24
Passengers (million) 5.2 (+20%)
Aircraft utilization (BLH) 11.4 (+0.6)
Boeing 737-800 deliveries 4
Avg. Spot fuel price USD 993 (+5%)
USD/NOK 6.06 (7%)

 

Key Figures
Please see "Definitions" for further information 2013 2012 2011 2010 2009 2008 2007 2006
Operating revenue (MNOK) 15,580 12,859 10,532 8,598 7,309 6,226 4,226 2,941
EBITDAR (MNOK) 2,784 1,822 1,540 1,175 1,341 200 504 201
EBITDA (MNOK) 1,500 789 710 397 721 -208 208 21
EBIT/Operating result (MNOK) 970 404 416 210 572 -338 134 -31
EBT (MNOK) 438 623 167 243 623 5 13 -32
Net profit/loss (-) 319 457 122 189 446 4 -85 -22
                 
Basic earnings per share (NOK) 9.15 13.08 3.53 4.97 13.01 0.15 3,.77 -1.14
Diluted earnings per share (NOK) 9.02 12.99 3.47 4.87 12.89 0.15 3.77 -1.14
                 
Equity ratio 19% 20% 22% 27% 32% 28% 22% 25%
Cash and cash equivalents (MNOK) 2,166 1,731 1,105 1,178 1,408 608 501 232
Unit cost (CASK) 0.42 0.45 0.46 0.46 0.49 0.56 0.53 0.54
Unit cost (CASK) excluding fuel 0.29 0.31 0.32 0.34 0.38 0.37 0.40 0.41
                 
ASK (million) 34,318 25,920 21,958 17,804 13,555 11,530 7,561 5,371
RPK (million) 26,881 20,353 17,421 13,774 10,602 9,074 6,059 4,223
Load factor 78.3% 78.5% 79.3% 77.4% 78.2% 78.7% 80.1% 79.0%
Passengers (million) 20.7 17.7 15.7 13.0 10.8 9.1 6.9 5.1
Internet sales 80% 78% 82% 87% 88% 87% 86% 84%
Number of routes (operated during the year) 391 308 271 249 206 170 114 86
Number of destinations (at year end) 125 121 114 97 93 87 70 57
Number of aircraft (at year end) 85 68 62 57 46 40 32 22