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BUSINESS REVIEW


CEO review


Whose Wings Will Win?


Key Figures 2003


Organisation


Scheduled Passenger Traffic


Leisure Traffic


Aviation Services


Travel Services


Risk Management


Corporate Governance


Board of Directors and Auditors


Group Management


Traffic Information


Destinations


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KEY FIGURES

    2003 2002 2001 2000* 1999/2000
             
Turnover EUR Mill. 1 558 1 656 1 631 1 658 1 593
EBITDA EUR Mill. 85 175 145 232 165
Operating profit EUR Mill. -19 60 13 111 50
Operating profit to turnover % -1.2 3.7 0.8 6.7 3.1
Profit before extraordinary EUR Mill. -22 54 9 120 57
items and taxes            
Earnings/share Euro -0.19 0.43 0.08 0.95 0.37
Equity/share Euro 7.24 7.58 7.22 7.54 6.74
Gross capital expenditure EUR Mill. 82 102 281 247 252
Interest bearing net debt EUR Mill. -18 20 212 74 112
Equity ratio % 44.4 44.3 41.3 42.2 41.7
Net debt-to-equity (Gearing) % -2.9 3.1 34.6 11.1 19.6
Adjusted Gearing % 102.7 82.0 116.6 72.7 89.2
Return on capital employed % 0.0 7.6 2.9 15.3 9.1
Average number of staff   9 981 10 476 10 847 11 051 11 462
             

*Proforma figures year 2000