Domestic passenger and freight revenue together fell from $2.6 billion in 2019-20 to $983.3 million in the year to 30 June, while international sales fell from $966.2 million down to just $8 million. However, current progress on vaccination rates and state border re-openings is encouraging. Download PDF of the 21-Aug-2009. This enables us to continue to deliver the right mix of destinations with high frequency to support both our business and leisure purpose guests. Virgin Australia, which was sold to US private equity firm Bain Capital last year, has defied COVID-19 and reaped $3.7 billion in statutory after-tax profits in the year to June 30, its first since 2012. The directors of Vanguard Investments Australia Ltd present their report together with the financial statements for the year ended 30 June 2021. Now that we have completed the Game Change Program, this next period for us is about maximising the Groups potential, by extracting value from the business and generating sustainable profitability. 2018. If you are an admin, please authenticate by logging in again. Underlying Loss1 before tax of $211.7 million in line with market expectations 2019 Annual results Analyst Call Transcript. Public report | www.wgea.gov.au 2 Organisation and contact details Legal name Virgin Australia Airlines Pty Ltd ABN 36090670965 ANZSIC I Transport, Postal and Warehousing 4900 Air and Space Transport Business/trading name/s Virgin Australia Holdings ASX code (if applicable) VAH Postal address PO Box 1034 SPRING HILL QLD 4004 AUSTRALIA [Online]. "Revenue and income of Virgin Australia Group in the financial years 2015 to 2019 (in billion Australian dollars)." Therefore, our Virgin Vision to 2017 is to become Australias favourite airline group. Customers entitled to credits for flights that were cancelled due to the pandemic are potentially owed $604 million. In the 2014 Financial Year, time value of options has been separately identified from the underlying results in anticipation of adopting this standard. There is still a long way to go and will be further complicated by Bains stated desire to only hold this asset for only two years. 2019 Annual results Analyst Webcast. Follow the topics, people and companies that matter to you. 2015 - Annex. I would like to thank all of our team members for their passion and dedication in delivering the strategy, Mr Borghetti said. Get a full view of Virgin Australia Holdings Pty Limited's financials, including Profit and Loss Account (Revenue, Interest, Profit and Loss, and Audit Fees) and Balance Sheet (Current Assets, Non-Current Assets, Current Liabilities, Non-Current Liabilities, Shareholders' Equity), as well as Number of Employees, Number of Share on Issue, Market Capitalising on growth business opportunities. Be part of our community of seasoned travel and hospitality industry professionals from all over the world. and executives subscribed to our daily newsletter. In comparison, Qantas just over three times bigger than Virgin Australia on a revenue basis tripped to a $1.8 billion underlying pre-tax loss in the 2021 financial year. Secured lenders and aircraft financiers are owed $2,284 million; Unsecured bondholders are owed $1,988 million; Aircraft lessors are owed $1,884 million; Employees are owed $451 million (in the event of liquidation); and. Enhancing procurement individually and with alliance partners. Virgin Money UK PLC - 2021 Interim Financial Report (PDF, 1,659KB) Clydesdale Bank PLC - 2021 Interim Financial Report (PDF, 1,211KB) Presentations . The AU$3.7 billion profit for the fiscal year ended June 30 2021, was an unexpected twist in the story of the previous years AU$3 billion loss. In order to reduce the volatility of reported financial performance attributed to the hedging program, Virgin Australia will adopt AASB 9 Financial Instruments early, from 1 July 2014. Overall, Virgin saw an underlying before-tax loss of $76.8 million marking perhaps a better indicator of Virgins financial performance in the year to 30 June. This statistic is not included in your account. 2019 Form 10-K 1.4 MB. Virgin Australia is in the operation of a domestic and international passenger and cargo airline business and a loyalty program. Creative accounting at its very best! You only have access to basic statistics. 2020 - Annex. #1. You can use your existing password to login, or if you can't remember it, you can reset it using the link provided here. Set a new standard in customer experience. Publisher: Telstra Name: Telstra - Annual reports - Investors . //
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