Moscow Vnukovo Airport revenue down 14% in 2016; net loss of EUR16m

Moscow Vnukovo Airport reported (03-Apr-2017) the following financial highlights in the year ended 31-Dec-2016:

• Revenue: RUB5357.8 million (EUR72.7 million), -13.6% year-on-year;
• • Aeronautical: RUB3278.7 million (EUR44.5 million);
  • Non-aeronautical: RUB2079.1 million (EUR28.2 million);
• Profit (loss) from sales: (RUB444.4 million) (EUR6.0 million), compared a profit of RUB147.4 million (EUR2.2 million) in 2015;
• Net profit (loss): (RUB1152.3 million) (EUR15.6 million), compared a loss of RUB1807.2 million (EUR26.9 million) in 2015;
• Total assets: RUB40,600.0 million (EUR551.0 million);
• Cash and cash equivalents: RUB291.6 million (EUR4.0 million);
• Total liabilities: RUB14,765.4 million (EU200.4 million).

*Based on the average conversion rate at RUB1 = EUR0.013571 for 2016

*Based on the average conversion rate at RUB1 = EUR0.0149 for 2015 [more - original PR - Russian]