Company Information

  

Address: AVENIDA CALLE 26 #59 - 15  
City: BOGOTA 
State:  
Zip Code: NONE 
Telephone: 57 1 587-7700 

Description of Business

Primary SIC Code: 4512
(As filed with the SEC)  

We are an airline holding company incorporated in Panama as a result of Avianca and Taca's combination in February 2010. The combination of Avianca and Taca was announced and agreed in October 2009 by their respective controlling shareholders who, after obtaining approval by antitrust and regulatory authorities, contributed their respective interests in Avianca and Taca to the Company. Avianca Holdings S.A. (formerly AviancaTaca Holding S.A.) changed its domicile from the Commonwealth of the Bahamas to Panama and adopted its by-laws under Panamanian law on March 2, 2011. In May 2011, we completed our initial public offering in Colombia on the Colombian Stock Exchange. In connection with that public offering, we sold 100,000,000 preferred shares for COP500,000 million (approximately $279 million as of such date). In May 2013, we issued $300 million in aggregate principal amount of 8.375% Senior Notes due 2020, our first offering in the international capital markets.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20170.05NA160.60
12/20160.040.033241.00
12/2015-0.14NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.10Total Liab/Total Assets0.79
Net Inc/Total Assets0.01Total Liab/Inv Cap1.24
Net Inc/Inv Cap0.02Total Liab/Comm Equity6.92
Pretax Inc/Net Sales0.02Interest Coverage Ratio1.56
Net Inc/Net Sales0.02Curr Debt/Equity0.40
Cash Flow/Net Sales0.12LTD/Equity2.25
SG&A/NetSales0.32Total Debt/Equity2.65
Asset Utilization   Liquidity  
Net Receivables Turnover12.86Quick Ratio0.61
Inventory Turnover27.11Current Ratio0.67
Inventory Day Sales0.07Net Rec/Curr Assets0.28
Net Sales/Work Cap-6.94Inv/Curr Assets0.08
Net Sales/PP&E0.91  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Revenues(Net Sales) 4,441.68 4,138.34 4,361.34 4,703.57
Cost of Goods Sold 2,434.91 2,215.74 2,456.74 2,728.80
Selling & Admin Exps 1,399.72 1,394.59 1,455.05 1,496.64
Operating Income 293.64 258.47 218.82 279.47
Interest Exp 183.33 172.63 169.41 133.99
Pretax Income 102.14 78.28 -108.48 178.77
Other Income -8.17 -7.56 -157.89 33.30
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 82.03 44.19 -139.51 128.49

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Cash & Short Term Investments 514.45 381.12 484.78 644.10
Receivables - Total 357.58 333.15 302.69 382.55
Inventories - Total 97.25 82.36 68.77 65.61
Total Current Assets 1,271.02 1,016.49 1,035.99 1,323.83
Net Property, Plant & Equipment 4,881.02 4,649.93 4,599.35 4,128.05
Total Assets 6,861.40 6,351.34 6,361.95 6,175.51
Liabilities        
Accounts Payable 759.51 680.56 641.11 748.75
Debt in Current Liabilities 572.07 406.74 412.88 458.68
Total Current Liabilities 1,911.04 1,691.20 1,566.28 1,871.62
Long-Term Debt 3,185.13 2,870.23 3,063.71 2,733.07
Total Liabilities 5,445.75 4,950.83 5,007.96 4,966.83
Stockholder's Equity        
Minority Interest -75.95 19.75 18.65 8.06
Preferred Stock 42.02 42.02 42.02 42.02
Common Stock 82.60 82.60 82.60 82.60
Retained Earnings 528.81 544.68 507.13 355.67
Treasury Stock NA NA NA NA
Total Stockholders' Equity 1,415.65 1,400.51 1,353.99 1,208.68
Total Liabilities and Stockholders' Equity 6,861.40 6,351.34 6,361.95 6,175.51

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Cash Provided by Operating Activities 527.32 567.95 363.00 257.13
Net Cash Provided by Investing Activities -206.04 -118.39 -330.49 -246.89
Net Cash Provided by Financing Activities -195.55 -550.47 18.08 -52.82

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20134,609.60248.82--
12/20144,703.57128.49--
12/20154,361.34-139.51-0.14
12/20164,138.3444.190.04
12/20174,441.6882.030.05
Growth Rates-0.92----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18518,60120.21




Report Date : 7/16/2018

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