City and County of Denver Municipal Airport System ANNUAL ...
City and County of Denver Municipal Airport System ANNUAL ...
City and County of Denver Municipal Airport System ANNUAL ...
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<strong>City</strong> <strong>and</strong> <strong>County</strong> <strong>of</strong> <strong>Denver</strong><br />
<strong>Municipal</strong> <strong>Airport</strong> <strong>System</strong><br />
<strong>ANNUAL</strong> FINANCIAL INFORMATION (UNAUDITED)<br />
LAST TEN FISCAL YEARS<br />
(1) Condensed Schedule <strong>of</strong> Revenues <strong>and</strong> Expenses (in thous<strong>and</strong>s)<br />
2001 2002 2003 2004 2005 2006 2007 2008 2009 * 2010<br />
Operating revenues $ 450,695 $ 443,921 $ 457,386 $ 477,936 $ 497,177 $ 508,307 $ 530,151 $ 540,760 $ 564,490 $ 601,402<br />
Operating expenses, before<br />
depreciation <strong>and</strong> amortization 223,408 238,484 211,913 221,214 239,405 262,514 290,773 373,829 379,517 409,865<br />
Operating income before<br />
depreciation <strong>and</strong><br />
amortization 227,287 205,437 245,473 256,722 257,772 245,793 239,378 166,931 184,973 191,537<br />
Depreciation <strong>and</strong> Amortization 151,796 125,692 148,763 135,338 150,823 151,507 159,309 168,026 177,583 181,496<br />
Impairment loss - - - 18,007 85,286 - - - - -<br />
Operating income (loss) 75,491 79,745 96,710 103,377 21,663 94,286 80,069 (1,095) 7,390 10,041<br />
Nonoperating revenues (expenses) (124,391) (119,845) (135,272) (138,580) (107,265) (67,771) (49,127) (44,987) (59,749) (87,795)<br />
Capital Contributions, grants<br />
And transfers 13,735 91,152 40,542 62,205 31,547 29,188 2,426 14,393 38,621 30,200<br />
Change in net assets $ (35,165) $ 51,052 $ 1,980 $ 27,002 $ (54,055) $ 55,703 $ 33,368 $ (31,689) $ (13,738) $ (47,554)<br />
* Restated for GASB 53<br />
72
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