26-Aug-2010 1:08 PM
Auckland International Airport reports revenue down by 1.4%
New Zealand's Auckland International Airport revenue down 1.4% - financial highlights for the 12 months ended 30-Jun-2010:
- Revenue: 254.6 million, -1.4% year-on-year;
- Airfield: USD46.8 million, -5.3%;
- Passenger services charge: USD51.4 million, +10.1%;
- Terminal services charge: USD19.5 million, +1.3%;
- Retail: USD67.2 million, -9.0%;
- Property rentals: USD34.0 million, +1.2%;
- Car parks: USD21.9 million, +5.7%;
- Operating costs: USD60.9, million, -2.3%;
- EBITDAFI: USD193.8 million, -1.1%;
- Net profit: USD20.8 million, -28.8%;
- Total assets: USD2,288 million, +5.6%;
- Debt to debt plus equity: USD36.3%, -0.6 ppt;
- Debt to enterprise value**: 30.8%, -4.5 ppts;
- Capital expenditure: USD38.1 million, -38.0%;
- Passenger numbers: 13.4 million, +3.8%;
- Domestic: 6.0 million, +7.8%;
- International: 7.4 million, +0.8%;
- Aircraft movements: 154,971, -1.2%. [more]
- *Based on the average conversion rate at USD1 = NZD1.42601 during the reporting period
Auckland Airport: "The board is optimistic about the 2011 financial year, and expect net profit after tax (excluding any fair value changes and other one-off items) to be in the range of NZD112 million to NZD118 million, assuming international passenger growth in the order of 5%, and capital expenditure to be around NZD85 million, excluding yet to be committed property development," Company statement. Source: Auckland International Airport, 26-Aug-2010.