AC — Air Canada Income Statement

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Annual income statement for Air Canada, fiscal year end - December 31st, CAD millions except per share, conversion factor applied.

	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	ARS
Standards:	IFRS	IFRS	IFRS	IFRS	IFRS
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	5,833	6,400	16,556	21,833	22,255
Cost of Revenue
Gross Profit	2,508	2,873	8,590	13,145	13,538
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	9,609	9,551	16,757	19,564	21,000
Operating Profit	-3,776	-3,151	-201	2,269	1,255
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	-4,853	-3,981	-1,524	2,212	515
Provision for Income Taxes
Net Income After Taxes	-4,647	-3,602	-1,700	2,276	1,720
Net Income Before Extraordinary Items
Net Income	-4,647	-3,602	-1,700	2,276	1,720
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Dilution Adjustment
Diluted Net Income	-4,647	-3,602	-1,700	2,243	1,776
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	-16.8	-10.1	-4.72	5.98	4.74