Transcript Palmerston North Airport PowerPoint Template

PNCC Presentation
Palmerston North Airport Ltd
2012/13
Annual Report
Our Vision
To grow the shareholder’s regional economic value by operating a safe,
efficient, attractive and profitable airport that serves the Central Region
Financial Overview
Performance
30-Jun 13
Actual
30-Jun-13
SOI
30-Jun-12
Actual
Revenue
4,589,800
4,593,500
4,480,318
EBITDA
1,765,104
1,933,000
1,738,650
Net profit after tax
491,883
610,500
495,564
Passengers
445,147
467,000
449,318
Overview
•
Revenue
•
Operations & Maintenance Costs
•
Administration costs
•
EBITDA
•
Net Surplus
•
Passenger Numbers
Financial Overview
•
•
•
Revenue – aeronautical up 3.4% & non-aeronautical up 1%
Additional operational & maintenance costs increased:
• Deferred maintenance to support safety and aesthetic
• Review of District Plan
• Investment in projects to support revenue growth
• Air noise review
• Review operating exposition
Administration & personnel costs decreased:
• Marketing, recruitment & legal expenses decreased
• Personnel costs decreased due to Corporate restructure
• Consulting cost increased – Project Outback and
Compliance & Policy updates.
Financial Overview
•
•
EBITDA 1.5% improvement on 2011/12
Adjustments of asset register and WiP increased taxation
charges and deferred tax for 2012/13
•
Net Surplus decreased as a result of higher taxation expense
•
Shareholder’s Equity continues to increase
•
Dividend payment to PNCC $196,753
Other Highlights
•
Aeronautical Route Development
Route development plans under negotiation ( Nelson Services)
Visitor strategy developed
•
Regulatory Compliance
Aerodrome Operating Certificate 139
•
Infrastructure
Airside apron area upgrades
Terminal facilities upgrade with customer enhancements
Refurbishment of café
Car park stage one
Other Highlights
•
Planning
Air noise contour review to meet sectional review of District Plan
importance of 24/7 operations
•
Pricing
Removal of separate departure levy (Oct 12)
•
Growth in car-park numbers;
Increased by 8.9%; generating an additional 4.6% in revenue
Looking to the Future
•
Continue to develop and refine short & long term strategy
•
Protect our 24/7 operation
•
Focus on additional domestic services
•
•
•
Raising awareness of events and attractions through-out
the wider region & encouraging regional collaboration
New Retail outlet planned for 2013/14
Planned restructure of the rental car operations and terms
of concession in 2013/14
Questions