Annual Report 2001 - Flughafen Wien

Corporate spending
Investments doubled but total volume lower than planned
___Investments in tangible and intangible assets rose by € 32.8 million to € 61.3 million in
2001. This figure is lower than original forecasts of € 115.4 million, and reflects our decision
to reduce capital expenditure to reflect slower traffic growth and postpone investments such
as the apron extension, which are not urgently needed. Major investments included the
construction of taxiways and a drainage system for Runway 11/29, planning for expansion of
the VIE Skylink Terminal and office park, the purchase of real estate, construction of a headquarters
and logistics centre for UPS, construction of an office building, and the purchase of
equipment to increase the efficiency of ground handling and apron maintenance.
___Investments in financial assets included € 1.8 million in international airport projects and
the purchase of securities and related rights totalling € 4.5 million.
Classification of Investments by Segment
(tangible and intangible assets)
Handling
17%
Airport
53%
Investments in € mill.
44 Status Report
Non-Aviation
30%
2001 2000 1999
Intangible assets 1.0 0.5 0.6
Capital expenditure 60.3 28.0 52.4
Financial assets 6.5 1.1 11.0
Total 67.8 29.7 64.0
Cash flow from operating activities 98.3 100.9 117.2
Amortisation and depreciation 41.2 44.4 42.8
Annual Report 2001