DGAP-Adhoc: Advanced Inflight Alliance AG: Approval of financial statements 2009, Moderate Growth, Dividend Increase


Advanced Inflight Alliance AG / Final Results/Dividend

27.04.2010 21:04 

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
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The issuer is solely responsible for the content of this announcement.

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Nonbinding voluntary Translation:

Ad hoc Announcement in accordance with Section 15 of the Securities Trade
Act

Advanced Inflight Alliance AG

  - Approval of financial statements 2009

  - Moderate Growth

  - Dividend Increase

München, April 27th, 2010 - The Supervisory Board of the Advanced Inflight
Alliance AG (ISIN DE0001262186, WKN 126218, München) approved the financial
statements of 2009 of the Advanced Inflight Alliance AG and the Advanced
Inflight Alliance Group on April 27th, 2010.

Both, the Executive Board and Supervisory Board agreed to propose a
dividend of 0.10 EUR, which means an increase of 0.02 EUR to the previous
year to the Annual General Meeting in Munich on 7th June 2010.

Revenues of the Advanced Inflight Alliance Group increased from EUR thsd.
107,408 in 2008 to EUR thsd. 108,051 in 2009.

As announced in February 2010, a correction was made to the consolidated
financial statement of 2008 in accordance with IAS 8 due to bonus
entitlements left unconsidered. After correction the AIA Group's annual
surplus for 2008 amounted to EUR thsd. 6,042 (before adjustments in
accordance with IAS 8: EUR thsd. 6,831). In the following comments, all
2008 figures are quoted after the IAS 8 adjustment referred to above.

In 2009 the group EBITDA adjusted for foreign currency effects increased
from EUR thsd. 11,184 in 2008 to EUR thsd. 11,980 (EBITDA including foreign
currency effects 2009: EUR thsd. 11,735; 2008: EUR thsd. 12,811)

The group net income for the year, after adjustment of foreign currency
effects, was EUR thsd. 4,877 in 2009, EUR thsd. 4,952 in 2008 (the group
net income including foreign currency effects was EUR thsd. 4,713 in 2009,
EUR thsd. 6,042 in 2008).

Extraordinary depreciation on old film assets of EUR thsd. 1,696 is
affecting the group net income with a residual book value of EUR thsd. 490.

The undiluted earnings per share were EUR 0.33 and adjusted for the
extraordinary depreciations on old film assets were EUR 0.44.

Advanced Inflight Alliance AG

The Executive Board


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Language:     English
Company:      Advanced Inflight Alliance AG
              Schellingstr. 35
              80799 München
              Deutschland
Phone:        +49 (0)89 613805-0
Fax:          +49 (0)89 613805-55
E-mail:       info@aialliance.com
Internet:     www.advanced-inflight-alliance.com
ISIN:         DE0001262186
WKN:          126218
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
 
End of News                                     DGAP News-Service
 
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