Focus on the SAS Group 2006
The SAS Group s airline network and hotels Approx. 1,520 daily departures 147 destinations 217 hotels The SAS Group is the 4 th largest airline group in Europe
The SAS Group s business areas
Mission, vision & objectives Mission: Serve Europe with air travel Vision: The preferred choice Objectives: Achieve a CFROI of 20% on average Reach goals set for customer and employee satisfaction and environmental impact Reach goals set for flight safety
Values The SAS Group shall be a business characterized by Consideration Reliability Value creation Openness
Strategies Five strategic focus areas: Commercial excellence Cost improvement and flexibility Optimization of production Portfolio strategy Management, Human Resources
Brand portfolio Master brand strategy The core of the SAS Group s brand portfolio High degree of uniformity in terms of brand platform, design and market communication Endorsement strategy Strong brands with individual identities SAS Group Company
The SAS Group key data 2005 2004 Operating revenue, MSEK 61,887 58,073 EBITDAR MSEK 6,117 4,383 CFROI, % 13 9 Income before tax, MSEK 418-1,701 Employees 32,363 32,481 No. of aircraft 294 297 No. of daily departures 1520 1,450 No. of destinations 147 146 No. of passengers, mill. 36,312 34,250 No. of hotels 217 190
The SAS Group revenue distribution 1994 Revenues MSEK 37 000 2005 Revenues MSEK 61 887 Scandinavian Airlines Hotels Others Scandinavian Airlines Businesses Subsidiary & Affiliated Airlines Airline Support businesses Airlines related businesses Hotels
SAS Group earnings 1992-2005 4000 3000 2000 1000 0 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005-1000 -2000-3000 Earnings before tax Income bef capital gains and nonrecurring items
SAS Group market position
The SAS Group ownership structure Owned 50/50 by private shareholders/ three Scandinavian states Listed on three stock exchanges: Stockholm, Copenhagen, Oslo No subsidies
The SAS Group principle shareholders (more than 1% of total) Shareholder Ownership The Swedish Government 21.4% The Danish Government 14.3% The Norwegian Government 14.3% Wallenberg Foundations 8,0% Odin Fondene 1.7% State of New Jersey Com. Pens. 1.5% National Bank of Denmark 1.4% Handelsbanken funds 1.2% Robur 1.0% Livförsäkringsaktiebolaget 0.9% Others 34.3% As of December 31 st 2005
Access to a global network through Star Alliance Star Alliance The airline network for Earth Through partnership in Star Alliance, the SAS Group can offer a worldwide network covering a total of 842 airports in 152 countries The Star Alliance network was launched in May 1997 Two airlines in the SAS Group are members Scandinavian Airlines and Spanair. Blue 1 became a regional member in 2004.
The SAS Group - Scandinavian Airlines Businesses Key figures 2005 2004 Number of passengers (million) 25.0 24.9 Number of aircraft 191 200 Daily departures 882 918 Number of destinations 109 100 RPK (million) 27,724 27,515 ASK (million) 38,454 40,574 Cabin factor 72.1% 67.8% Number of employees (average) 8,242 9,254
Scandinavian Airlines Businesses aircraft fleet Airbus A340-300 Number of aircraft: 7 MD-81/82/87 Number of aircraft: 9/25/15 Boeing 737-400/500 Number of aircraft: 4/13 Airbus A330-300 Number of aircraft: 4 de Havilland Q400 Number of aircraft: 24 Boeing 737-600/700/800 Number of aircraft: 41/21/21 Airbus A321-300 Number of aircraft: 8 Fokker 50 Number of aircraft: 6 As of January 1, 2005
The SAS Group Subsidiaries and Affiliated Airlines Key figures 2005 2004 Passengers scheduled (million) 11.2 9.3 Destinations 101 73 Aircraft 103 97 Daily departures 638 532 Employees (average) 5,903 5,145
The SAS Group Airline Support Businesses Operating revenue accounts for 20% of the total for the SAS Group Key figures 2005 2004 Operating revenue SEK million 14,876 14,213 Employees (average) 11,845 11,893
The SAS Group Rezidor SAS Vision To become one of Europe s leading hospitality management companies with a focused collection of high-performing, profitable brands in various market segments. Key figures 2005 2004 Operating revenue SEK million (incl franchise) 13,715 11,381 Hotels 217 190 Countries of operation 49 47 Available rooms per day 1 10,158 9,232 REVPAR, Revenue per available room 622 SEK 557 SEK Employees (average) 4,922 4,436 Occupancy rate 67.3% 64.6% Number of rooms sold 1 6,836 5,964 1) Hotels operated as owned, leased or on management contracts.