Annual Report 2001 - Flughafen Wien

Annual Report 2001
The Non-Aviation Segment
Good development in shops, gastronomy and rentals
Key Data on the Non-Aviation Segment (in € mill., except employees)
2001 2000 1999
Turnover 72.7 71.7 72.0
Capital expenditures 18.3 6.9 11.4
Depreciation 11.5 11.2 11.1
Employees 805 804 753
Allocated assets 120.1 114.4 119.3
Operating profit 31.2 26.8 25.0
EBIT margin 25.8% 23.4% 22.6%
___The Non-Aviation Segment includes various services related to airport operations such as
shopping, gastronomy, car parks, VIP Centre and lounges, security services, development and
marketing of real estate, traffic connections, technical services, construction management, and
our subsidiary VIE España in Spain. The nearly 200 companies located at the airport receive
services such as telecommunications, data processing, energy and waste dis-posal from this
business unit. During the reporting year, the Non-Aviation Segment contributed 22.7% to
Group turnover.
Developments in 2001
___Turnover in the Non-Aviation Segment is not directly related to the volume of traffic at the
airport. Prices for electricity and telecommunications, the amount of space available for rent,
the index development of rental prices, and purchasing power play a more decisive role.
___During the reporting year, third party sales by the Non-Aviation Segment rose by 1.3% to
€ 72.7 million. EBIT of € 31.2 million was generated with 805 employees, for an increase of
16.5% over the prior year. The EBIT margin equalled 25.8%.
___Security services are provided by Vienna International Airport Security Services
Ges.m.b.H (VIAS), which is responsible for the control of persons and hand luggage on behalf
of the Austrian Federal Ministry of the Interior. Additional revenue is generated by the transport
of wheelchairs and other security services such as the control of large baggage or travel
documents for airlines. VIAS turnover decreased by 13.4% during the reporting year because
additional sales recorded after 11 September were unable to offset declines from other
business areas.
___Revenue from rentals increased by 9.4% following the construction of additional space, in
particular infrastructure facilities for VAS, the new ground handling company, and a logistics
and office building for UPS. Planning began in 2001 for the construction of a new Austrian
headquarters for TNT, with completion scheduled for the fall of this year. The architectural
competition for the office park project was won by the internationally renowned Wilhelm
Holzbauer. Professor Holzbauer has started general planning for this 26,000 sq.m. office
building, which is to be completed in 2004 and will be rented primarily to external companies.
Segments 55