Airports of Thailand Public Co Ltd · SET:AOT

Airports of Thailand Public — Airports of Thailand — 6M FY2009 Earnings Presentation

18 slides from Airports of Thailand Public's earnings presentation, May 2009

  1. Slide 1: Corporate Presentation – 6M_FY09

    Airports of Thailand Plc. Corporate Presentation – 6M_FY09 (October 2008 – March 2009) Investor Relations Center, Email: aotir@airportthai.co.th, Tel: (662) 535-5900, Fax (662) 535-5909

  2. Slide 2: Disclaimer

    Disclaimer This presentation is intended to assist investors to better understanding the company’s business and financial status. This presentation may contain forward looking statements relate to analysis and other information which are based on forecast of future results and estimates of amounts n

  3. Slide 3: Airports in Thailand

    Airports in Thailand Total of 38 airports CHIANG RAI INTERNATIONAL CHIANG MAI AIRPORT INTERNATIONAL  Airports of Thailand Public Company Limited * AIRPORT  2 in Bangkok and perimeter Pai o Suvarnabhumi Airport (BKK) Mae Hong Son Nan Lampang o Don Muang International Airport (DMK) Phrae Udon Thani

  4. Slide 4: Business Overview

    Business Overview Fact Sheet Shareholders Information Airports of Thailand PLC 1. Ministry of Finance 70.00%  Listed on 11 March 2004 2. Nortrust Nominee LTD 4.97%  Shares outstanding 1,428.57million 3. State Street Bank and Trust Company for 4.79%  Shareholders Australia •Ministry Of Finance 70%

  5. Slide 5: Aircraft Movement Statistics

    Aircraft Movement Statistics AOT Traffics LCCs Traffics Major LCCs Airline (Unit: Thousand) (Unit: Thousand) • Domestic 390.3 394.1 350.3 Thai Air Asia Nok Air 105.2 104.5 175.1 173.4 148.5 One Two Go Airlines 78.3 210.3 • International 170.8 78.9 75.9 59.5 Air Asia 95.4 72.2 Thai Air Asia 59.4 39.7

  6. Slide 6: Passenger Movement Statistics

    Passenger Movement Statistics AOT Traffics LCCs Traffics (Unit: Million) (Unit: Million) 58.2 Major Events 56.0 12.4 51.8 12.0 2004 21.4 20.8 18.7 • Bird Flu 9.2 • Southern Violence 31.9 9.0 7.2 9.1 2005 12.0 25.2 • Tsunami 7.0 4.8 9.6 2006 5.4 35.2 36.8 33.1 • Coup D’etat 3.2 19.9 15.6 •Southern Vi

  7. Slide 7: Airport Revenues

    Airport Revenues Landing & Parking Charges 20% increased on Jan 1st, 2005 15% increased on Apr 1st, 2007 Aeronautical Passenger Service Charges (PSC) Effective on Feb 1st, 2007 57.29% THB 500 to THB 700 - International PSC (End of 6M_09) THB 50 to THB 100 - Domestic PSC Aircraft Service Charges Fees

  8. Slide 8: Revenue Breakdown

    Revenue Breakdown Total Revenue By proportion (Unit: Million) 6M_FY08 6M_FY09 17.49% 22,010.86 15.19% 15.59% 19,501.41 22.12% 13.54% 16,240.73 12,495.17 11,140.26 6.70% 13.02% 1.79% 39.85% 45.30% 7.57% 1.85% By Growth (Unit: Million) 2006 2007 2008 6M_08 6M_09 FY2007 FY2008 YoY(%) 6M_08 6M_09 YoY(%)

  9. Slide 9: Airport Expenses

    Airport Expenses Personnel Expenses Consist of employee salaries and bonuses, employee benefits, retirement payments and contributions to employee provident fund Operating Expenses Consist of electricity charges, costs related to outsourced workers, property taxes, consultant fees, telephone, advert

  10. Slide 10: Expense Breakdown

    Expense Breakdown Total Cost By proportion (Unit: Million) 6M_FY08 6M_ FY09 14.92% 15.00% 18,515.89 18,004.67 45.43% 45.40% 9,420.08 28.15% 8,535.91 8,676.72 30.03% 5.59% 3.26% 5.85% 6.35% By Growth (Unit: Million) 2006 2007 2008 6M_08 6M_09 FY2007 FY2008 YoY(%) 6M_08 6M_09 YoY(%) Personnel 2,927.84

  11. Slide 11: Performance Highlight

    Performance Highlight YoY comparison Margin & Growth (Unit: Million) (Unit: Million) Growth 24,000 7,837.03 22,000 (62.72%) 20,000 6,403.02 (57.48%) 18,000 16,000 14,000 3,959.26 (31.69%) 3,497.06 12,000 (27.99%) 10,000 2,463.55 8,000 (22.11%) 6,000 4,000 153.61 2,000 (1.38%) 0 FY2006 FY2007 FY2008

  12. Slide 12: Consolidated Balance Sheet

    Consolidated Balance Sheet Unit: Million Baht 30 Sep 2006 30 Sep 2007 30 Sep 2008 31 Mar 2009 Cash 19,759.67 10,231.38 8,437.37 7,761.00 Other Current Asset 3,779.38 8,911.10 16,248.75 11,121.07 Non Current Asset 124,334.42 121,769.85 126,843.42 126,966.00 Total Assets 143,476.91 146,455.97 145,725.

  13. Slide 13: Financial Ratios

    Financial Ratios 30 Sep 2006 30 Sep 2007 30 Sep 2008 31 Mar 2009 Par Value (THB) 10.00 10.00 10.00 10.00 Market Price (THB) 58.00 62.00 31.00 16.00 BV/share 49.81 48.78 53.42 50.87 P/BV 1.16 1.27 0.58 0.31 EPS 7.26 0.77 5.12 0.11 P/E 7.98 80.51 6.05 2.94 Dividend Payout 37.85% 51.95% 50.39% n/a Gear

  14. Slide 14: Appendix A: Subsidiaries & Associated Companies

    Appendix A: Subsidiaries & Associated Companies Name Percentage of shareholding (%) Business Type Subsidiaries Suvarnabhumi Airport Hotel Co., Ltd 60.00 Hotel Associated Companies Airport Ground Handling Thai Airports Ground Services Co., Ltd 28.50 Services Airport Duty Free Co., Ltd 10.00 Commercia

  15. Slide 15: Appendix B: Airlines Market Share (By Aircrafts) – FY2008

    Appendix B: Airlines Market Share (By Aircrafts) – FY2008 AOT Top 10 Airlines Low Cost Carriers Thai Indonesia Jetstar CEBU Airways Others Airways AirAsis Pacific Air Firefly Jetstar Others Thai Air Asia Asia Air Asia EVA Air Thai Air One Two Asia Air Asia Bangkok Go Airlines Airways Emirates Cathay

  16. Slide 16: Appendix C: Airlines Market Share (By Passengers) – FY2008

    Appendix C: Airlines Market Share (By Passengers) – FY2008 AOT Top 10 Airlines Low Cost Carriers Jetstar CEBU Indonesia Others Pacific Air AirAsia Air India Airways Thai Express Jetstar Airways Asia Other Tiger Korean Airways Airlines Thai Air Air Asia Asia EVA Air Bangkok Cathay One Two Airways Pac

  17. Slide 17: Appendix D: Airport Capacities

    Appendix D: Airport Capacities Area Capacity Runways Cargo Airports Aircraft Passenger Total Area Terminal Area (Acres) (Sq.m.) (Million Metric (Metres) (Flight/hour) (Million/year) Tons/year) 45 60 x 3,700 BKK 8,000 563,000 76 3.00 2 60 x 4,000 60 x 3,700 DMK 1,552 391,316 60 36.5 0.91 2 45 x 3,500

  18. Slide 18: Appendix E: King Power Contract

    Appendix E: King Power Contract  On 20 April 04 AOT awarded the exclusive duty free concession to King Power Duty Free Plc. to operate duty free activities at Suvarnabhumi Airport and 4 regional airports in total KPD amount of approximately 5,496.14 sq.m  KPD concession contract will last for 10 y

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