Auckland International Airport EBITDAFI up 7% in FY2014

New Zealand's Auckland International Airport revenue up 6% - financial highlights for 12 months ended 30-Jun-2014:

• Revenue: NZD475.8 million (USD394.6 million), +6.1% year-on-year;
• • Airfield: NZD87.6 million (USD72.7 million), +7.4%;
  • Passenger services charge: NZD131.6 million (USD109.1 million), +9.4%;
  • Retail: NZD127.1 million (USD105.4 million), +2.2%;
  • Car parking: NZD42.8 million (USD35.5 million), +6.1%;
  • Total rental: NZD59.3 million (USD49.1 million), +7.0%;
  • • Property rental: NZD45.2 million (USD37.5 million), +10.0%;
    • Aeronautical rental: NZD13.6 million (USD11.2 million), -2.4%;
• Operating EBITDAFI: NZD355.2 million (USD294.6 million), +7.4%;
• Profit after tax: NZD215.9 million (USD179.0 million), +21.3%;
• Passenger numbers: 15.1 million, +3.8%;
• Total assets: NZD4734 million (USD3926 million);
• Total liabilities: NZD1815 million (USD1505 million). [more - original PR]

*Based on the average conversion rate at USD1 = NZD1.2058

Auckland International Airport: "We are confident in Auckland Airport's ability to unlock further opportunities in the 2015 financial year. We expect underlying net profit after tax (excluding any fair value changes and other one-off items) to be between NZD160 million and NZD170 million. Due to the 10% reduction in the number of shares on issue following the capital return, this guidance would be a lift in earnings per share of between 2% and 9%," Sir Henry van der Heyden, Chairman. Source: Company statement, 26-Aug-2014.