View
39
Download
0
Category
Tags:
Preview:
DESCRIPTION
ACSA Budget 2003. Airports Company South Africa Limited. Presentation 8 May 2002. Introduction Shareholding History of Performance Capital Expenditure Budget for 2002/2003 Income Statement. Airports Company South Africa Summary of Performance. - PowerPoint PPT Presentation
Citation preview
ACSA Budget 2003
Airports Company South Africa Limited
Presentation 8 May 2002
• Introduction
• Shareholding
• History of Performance
• Capital Expenditure
• Budget for 2002/2003
• Income Statement
Shareholding
75%1%20%
4%DOTStaffAdRBEE
Airports Company South AfricaSummary of Performance
0
200
400
600
800
1000
1200
1400
1996 1997 1998 1999 2000 2001 2002
Turnover Operating Profit Profit after tax
Airports Company South AfricaRetail analysis
0
50
100
150
200
250
R m
1996 1997 1998 1999 2000 2001 2002
Core retail Car parking Car hire Advertising
Airports Company South AfricaCapital Expenditure
0
100
200
300
400
500
600
1996 1997 1998 1999 2000 2001 2002
Airports Company South AfricaDependency on Aeronautical
0
10
20
30
40
50
60
70
80
1996 1997 1998 1999 2000 2001 2002
% of Turnover
Airports Company South AfricaPassenger volumes
0
1000
2000
3000
4000
5000
6000
7000
1996 1997 1998 1999 2000 2001 2002
Domestic Regional International Unscheduled
Airports Company South AfricaATM volumes
0
20
40
60
80
100
120
1996 1997 1998 1999 2000 2001 2002
Domestic Regional International Unscheduled
Airports Company South AfricaMajor projects 2001/2
• International Arrivals at CIA
• Terminal at DIA
• Public viewing deck at JIA
• New Domestic terminal at JIA
• Pilanesburg airport – runway and terminal building
• Runways and taxiways
ACSAIncome statement
2001 2002 2003 % %Revenue R'000 R'000 R'000 01/02 02/03
Aeronautical 654,031 730,838 816,768 12% 12%Retail 338,215 388,285 452,228 15% 16%Property 80,391 100,964 120,440 26% 19%Other 68,482 76,055 90,572 11% 19%
1,141,119 1,296,142 1,480,008 14% 14%Profit on sale of Assets 8,351 9,394 9,292 Profit on sale of NATCOS 128,559 Total Revenue 1,149,470 1,305,536 1,617,859 14% 24%
Expenses 486,646 534,419 620,181 10% 16%Personnel Costs 204,331 229,672 257,911 12% 12%Insurance 10,028 8,397 15,843 -16% 89%Outsourced Services - 3,628 10,871 100% 200%Rates & Taxes 17,117 28,576 35,378 67% 24%Other Expenses 255,170 264,146 300,178 4% 14%
EBITDA 662,824 771,117 997,678 16% 29%
ACSA Income StatementACSA Income Statement
Airports Company South AfricaCapital expenditure to 2006/7
0100200300400500600700800900
'2002/3 '2003/4 '2004/5 '2005/6 '2006/7
JIA CIA DIA Nationals Corporate Total
Airports Company South AfricaWhat lies ahead?
• Major projects approved by Board– Completion of Domestic Terminal at JIA
including 8 new loading bridges– Completion of new International Departures
Terminal at CTIA – Improvement to Domestic Departures
Terminal at CTIA– Terminal Building at Port Elizabeth
Airports Company South AfricaIn conclusion
• Reduced dependency on aeronautical income• Productivity gains• Investment in staff via training• R2.7 billion on capex over 5 years• Employment equity • BEE spend• Visible infrastructure improvements
Recommended