Earnings release
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . ⑧BOC AVIATION BOC AVIATION LIMITED 中 銀 航空 租賃 有限公司 * ( Incorporated in the Republic of Singapore with limited liability ) Stock code : 2588 INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2021 FINANCIAL HIGHLIGHTS Our financial highlights for the six months ended 30 June 2021 are : • Total revenues and other income increased 7 % to US $ 1,107 million • Profit before tax and charges for impairment of aircraft and financial assets of US $ 434 million , up 5 % from US $ 412 million in the first half of 2020 Operating cash flows net of interest increased 0.4 % to US $ 557 million in the first six months of 2021 compared with 1H 2020 Net profit after tax declined to US $ 254 million , compared with US $ 323 million in the first half of 2020 Earnings per share of US $ 0.37 Interim dividend of US $ 0.1098 per share , maintaining the same payout ratio as in previous years Total assets increased to US $ 23.9 billion as at 30 June 2021 from US $ 23.6 billion as at 31 December 2020 • Raised US $ 2 billion in new financing • Maintained strong liquidity with US $ 460 million in cash and cash equivalents in addition to US $ 5.4 billion in undrawn committed revolving credit facilities as at 30 June 2021 Capitalised terms used but not defined in this announcement are found in pages 31 to 32 . Due to rounding , numbers presented throughout this announcement may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures . * For identification purposes only .