4.78 MB - Perth Airport

FINANCIAL
FINANCIAL RESULTS SUMMARY
STATEMENT OF FINANCIAL PERFORMANCE FOR THE FINANCIAL YEAR ENDED 30 JUNE 2005
Operating Revenues
Actual Actual Actual Actual Actual
04/05 03/04 02/03 01/02 00/01
$m $m $m $m $m
Aeronautical charges 49.6 43.6 37.3 19.8 20.4
Commercial trading 24.6 21.6 20.6 19.8 17.2
Ground Transport Services 19.2 15.9 13.7 12.1 11.5
Property 18.3 16.4 14.9 16.6 14.6
Capital land leases & sale of buildings 18.0 9.7 0.0 0.0 5.2
Recharge property service costs 9.1 7.3 6.7 6.8 6.8
Other 1.0 1.3 0.8 1.0 1.1
Total Operating Revenues 139.8 115.7 94.0 76.1 76.8
Operating Expenses
Employee expenses 11.8 11.1 9.2 8.2 7.2
Services and utilities 20.8 16.7 14.7 12.8 13.3
Cost of sale - Capital land leases & sale buildings 13.0 2.9 0 0 0
General administration and other 15.1 8.3 8.6 6.5 4.4
Leasing and maintenance 2.9 2.6 2.4 2.0 2.3
Total Operating Expenses 63.6 41.7 34.9 29.5 27.2
EBITDA 76.2 74.0 59.1 46.6 49.6
Non Operating Revenues
Sale of infrastructure, plant and equipment 0.0 0.0 0.0 0.1 0.1
Interest revenue 1.0 0.7 0.6 0.4 0.5
Total Non Operating Revenues 1.0 0.7 0.6 0.5 0.6
Non Operating Expenses
Depreciation and amortisation 16.8 15.4 15.2 15.7 15.2
Interest expense
- Primary debt holders 38.7 38.0 38.4 38.8 37.8
- Secondary debt holders 20.6 18.2 13.0 0.3 17.0
- Other 0.2 0.2
- Other borrowing expenses 0.6 0.6 0.5 0.5 0.6
Total Non Operating Expenses 76.9 72.4 67.1 55.3 70.6
Operating (Loss/Profit) Before Income Tax 0.3 2.3 -7.4 -8.2 -20.4
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