qatar airways annual report 2019


What are the consolidated financial statements of Qatar Airways?

    Qatar Airways Group Q.C.S.C. The attached notes 1 to 36 form part of these consolidated financial statements. 3 CONSOLIDATED INCOME STATEMENT For the year ended 31 March 2018 2018 2017 Notes QR’000 QR’000 (Restated) Revenue 4 41,981,101 39,080,159 Other operating income 5 248,161 306,692 Operating expenses 6 (42,249,173)

How much does Qatar Airways invest in joint ventures and Associates?

    2018 2017 QR’000 QR’000 Investment in joint ventures (Note 12.1) 127,651 111,065 Investment in an associate (Note 12.2) 157,175 - 284,826 111,065 Qatar Airways Group Q.C.S.C. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS At 31 March 2018 43 12 INVESTMENT IN JOINT VENTURES AND AN ASSOCIATE (CONTINUED)

How did airlines perform in 2019?

    In 2019 our airlines carried 118 million passengers, up by 4.7 per cent. But, despite our revenues growing to €25.5 billion, operating profits before exceptional items declined by 5.7 per cent versus 2018 pro forma, to €3.3 billion.

Why is Qatar Riyal (QR) exposed to currency fluctuations?

    The Group is exposed to the effects of fluctuation in the prevailing foreign currency exchange rates on its financial position and cash flows. Exposure arises due to exchange rate fluctuations between the Qatar Riyal (QR) and other currencies generated from revenue earnings.
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