Cebu Pacific's 2010 revenue up 25%

Cebu Pacific revenue up 25% - financial* highlights for the 12 months ended 31-Dec-2010:

• Revenue: USD665.7 million, +24.8% year-on-year;
  • Ancillary: USD53.5 million, +10.1%;
• Operating costs: USD518.1 million, +12.4%;
  • Fuel: USD224.4 million, +33.3%;
• Operating profit: USD147.6 million, +103.9%;
• EBITDAR margin: 34.9%, +5.7 ppts;
• Net profit: USD158.4 million, +112.5%;
• Passenger numbers: 10.5 million, +19.5%;
  • International: 2 million, n/a;
• Seat factor: 85%, +8 ppts;
• Average fares: USD53.9, +5.8%;
• Cost per ASK: USD 4.99 cents, +1.4%;
• Total assets: USD1143 million, +41.4%;
• Cash and cash equivalents: USD223.4 million, +154.2%;
• Total liabilities: USD733.0 million, +14.1%. [more]

* Based on the conversion rate USD1 = PHP43.7