From the subsequent financial data describe:
a) How the airline company has grown-up
b) How the company has been capable to earn grater margins at higher levels of sales
Particulars
|
2006(Rs.mil)
|
2005(Rs. mil)
|
Sales
|
8800
|
7200
|
Salaries
|
2900
|
2400
|
Fuel
|
1100
|
1000
|
Fleet Operations Cost
|
3900
|
3200
|
Total Operating Expenses
|
7900
|
6600
|
Operating Income
|
900
|
600
|
Interest Expenses
|
230
|
200
|
Tax
|
335
|
200
|
Net Income after taxes
|
335
|
200
|
|
|
|
Total Assets
|
9600
|
8400
|
Current Liabilities
|
2700
|
2000
|
Long Term Debt
|
3000
|
3000
|
Equity
|
3900
|
3400
|
Total Liabilities
|
9600
|
8400
|