Airports Of Thailand Public Co Ltd · SET:AOT
Airports Of Thailand Public — Airports of Thailand — Investor Presentation (December 2019)
24 slides from Airports Of Thailand Public's investor presentation, Dec 26, 2019
Slide 1: Airports of Thailand Plc. Fiscal Year 2019
Airports of Thailand Plc. Fiscal Year 2019 (October 2018 – September 2019) Investor Relations Department, E-mail: aotir@airportthai.co.th, Tel: (662) 535-5900, Fax (662) 535-6009
Slide 2: Disclaimer
Disclaimer This presentation is intended to assist investors to better understand 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 not
Slide 3: Airports in Thailand
Airports in Thailand MAE FAH LUANG-CHIANG RAI Total of 39 airports INTERNATIONAL AIRPORT CHIANG MAI INTERNATIONAL Airports of Thailand Public Company Limited AIRPORT 2 in Bangkok and perimeter Pai o Suvarnabhumi Airport (BKK) Mae Hong Son Nan o Don Mueang International Airport (DMK) Lampang Phra
Slide 4: Business Overview
Business Overview Fact Sheet Shareholders Information (As of December 14, 2018) Listed on 11 March 2004 1. MINISTRY OF FINANCE 70.00% Shares outstanding 14,285.70 Million* Shareholders 2. THAI NVDR COMPANY LIMITED 4.49% •Ministry Of Finance 70% •Free Float 30% 3. SOUTH EAST ASIA UK (TYPE C) NO
Slide 5: Aircraft Movement Statistics (FY2019)
Aircraft Movement Statistics (FY2019) AOT Traffics LCCs Traffics (Unit: Thousand) (Unit: Thousand) 875.00 896.06 823.58 466.73 776.92 439.17 391.78 412.77 404.07 408.24 344.96 374.2 277.82 281.18 260.85 227.03 462.23 491.99 402.72 415.34 157.99 188.91 117.93 130.93 FY 2016 2017 2018 2019 FY 2016 201
Slide 6: Passenger Movement Statistics (FY2019)
Passenger Movement Statistics (FY2019) AOT Traffics LCCs Traffics (Unit: Million) (Unit: Million) 139.52 141.88 72.05 68.34 129.20 119.93 60.07 59.03 57.83 53.27 56.66 41.36 51.86 42.03 38.64 34.51 80.49 84.05 68.07 72.54 30.69 21.43 26.31 18.76 FY 2016 2017 2018 2019 FY 2016 2017 2018 2019 Internat
Slide 7: Monthly Air Traffic Movements: FY2015 – FY2019
Monthly Air Traffic Movements: FY2015 – FY2019 (Unit: Thousand) 80 75 FY 2019 70 FY 2018 65 FY 2017 Aircraft Movements (FY2019) 60 FY 2016 International Domestic Total 55 FY 2015 6.44% -2.11% 2.41% 50 ug pr ay l n b n ar ct ec p ov Ju Ja Fe Ju Se A O M M A D N (Unit: Million) 14 13 FY 2019 12 FY 201
Slide 8: Airport Revenues (FY2019)
Airport Revenues (FY2019) Landing & Parking Charges 20% increased on Jan 1st, 2005 15% increased on Apr 1st, 2007 Aeronautical Departure Passenger Service Effective on Feb 1st, 2007 Charges (PSC) THB 500 to THB 700 - International PSC 56% THB 50 to THB 100 - Domestic PSC Aircraft Service Charges Fee
Slide 9: Revenues Breakdown (FY2019)
Revenues Breakdown (FY2019) Total Revenue By Proportion (Unit: Million Baht) FY2018 FY2019 62,783.42 60,537.41 12.06% 11.83% 54,901.16 50,961.95 27.60% 27.82% 12.52% 42.70% 12.76% 42.59% 3.74% 3.66% 1.34% 1.38% By Growth (Unit: Million Baht) FY2016 FY2017 FY2018 FY2019 YoY FY 2016 2017 2018 2019 LPC
Slide 10: Airport Operating Expenses
Airport Operating Expenses Employee Benefit Expenses Consisting of : - employee salaries and bonuses, employee benefits, retirement payments and contributions to employee provident fund . - the remuneration of AOT’s board of directors and executives as stated in the notice of Capital Market Supervis
Slide 11: Expenses Breakdown (FY2019)
Expenses Breakdown (FY2019) Expenses By Proportion (Unit: Million Baht) FY2018 FY2019 29,797.56 20.72% 19.64% 25.71% 27.54% 26,637.27 27,231.98 24,448.86 14.23% 14.62% 9.56% 9.02% 9.13% 9.40% 20.65% 19.78% By Growth (Unit: Million Baht) FY2016 FY2017 FY2018 FY2019 YoY FY 2016 2017 2018 2019 Employee
Slide 12: Statements of Income (FY2019)
Statements of Income (FY2019) (Unit: Million Baht) FY2016 FY2017 FY2018 FY2019 YoY Total revenues 52,598.54 56,690.96 62,135.93 64,566.79 3.91% Revenues from sales or 50,961.95 54,901.16 60,537.41 62,783.41 3.71% services Other incomes 1,636.59 1,789.80 1,598.52 1,783.38 11.56% Total expenses 28,427
Slide 13: Financial Status
Financial Status STATEMENTS OF FINANCIAL POSITION STATEMENTS OF CASH FLOW (Unit: Million Baht) (Unit: Million Baht) 30 Sep 2018 30 Sep 2019 Beginning Cash 8,602.10 Cash Flow from Operation 32,916.11 Cash 8,602.10 9,932.46 Cash Used in Investment (11,577.64) Other Current Asset 68,465.99 70,854.69 Ca
Slide 14: Financial Ratios
Financial Ratios 30 Sep 2015 30 Sep 2016 30 Sep 2017 30 Sep 2018 30 Sep 2019 (FY2015) (FY2016) (FY2017) (FY2018) (FY2019) Par Value (THB) 10.00 10.00 1.00* 1.00* 1.00* Market Price (THB) 281.00 399.00 59.00 65.50 74.75 BV/share 76.01 84.93 9.20 10.07 10.77 P/BV 3.70 4.70 6.42 6.50 6.94 EPS 13.11 13.
Slide 15: Noise Compensation (Suvarnabhumi Airport Phase I)
Noise Compensation (Suvarnabhumi Airport Phase I) Proceeded Planned (Unit: Million Baht) (The cabinet resolution on May 29,2007) NEF > 40 Houses Amount Summer Season Purchased 136 696.51 (Unit: Houses) Insulated 354 92.16 Total Impacted Houses Total NEF> 40 490 788.67 10,802 NEF 30 – 40 Houses Amoun
Slide 16: Noise Compensation (Suvarnabhumi Airport Phase I)
Noise Compensation (Suvarnabhumi Airport Phase I) Planned Proceeded (Unit: Million Baht) (The cabinet resolution on Aug 31, 2010) NEF > 40 Winter Season Houses Amount (Unit: Houses) Purchased 54 433.27 Total Impacted Insulated 75 23.75 Houses 4,858 Total NEF> 40 129 457.02 NEF 30 - 40 Houses Amount
Slide 17: Noise Compensation (Suvarnabhumi Airport Phase I)
Noise Compensation (Suvarnabhumi Airport Phase I) Planned Proceeded (Unit: Million Baht) (The cabinet resolution on Oct 15, 2013) NEF > 40 Winter Season Houses Amount (Unit: Houses) Purchased 6 40.98 Total Impacted Insulated 46 17.87 Houses 1,796 Total NEF> 40 52 58.85 NEF 30 - 40 Houses Amount NEF
Slide 18: Future Airport Development Plans
Future Airport Development Plans Investment Cost Airport Description Completed Year Additional Capacity (THB Billion) 1. Suvarnabhumi Development Project 62.50 2020 • 15 MAP Suvarnabhumi 2. Third Runway 21.80 2022 • 26 AC/Hr. (Total 94 AC/Hr.) 3. North Expansion 42.08 2022 • 30 MAP (Total 90 MAP) 18
Slide 19: Appendix A: Airport Capacity vs. Utilization
Appendix A: Airport Capacity vs. Utilization Aircraft Passengers Cargoes (Flights/Hour) (Million/Year) (Million Metric Tons/Year) Actual Utilization Actual Utilization Actual Utilization Airport Capacity Capacity Capacity FY18 FY19 FY18 FY19 FY18 FY19 BKK 68 65 67 45.0 62.81 64.71 1.700 1.50 1.35 DM
Slide 20: Appendix B: AOT Airports Capacity
Appendix B: AOT Airports Capacity Area Capacity Cargoes Runways Airports Total Aircraft Terminal Passengers (Million (Metres) Area (Flights/ Area (Sq.m.) (Million/Year) Metric (Acres) Hour) Tons/Year) 60 x 3,700 BKK 8,000 563,000 68 45.0 1.700 2 60 x 4,000 60 x 3,700 DMK 1,552 220,683 48 30.0 0.860
Slide 21: Appendix C: Market Share (By Aircraft) at Suvarnabhumi Airport – FY2019
Appendix C: Market Share (By Aircraft) at Suvarnabhumi Airport – FY2019 Top 10 Airlines Top 10 LCCs 1. Thai Airways International 19.21% 1. Thai VietJet Air 30.09% 2. Bangkok Airways 14.90% 2. Spring Airlines 11.44% 3. Thai Smile Airways 10.55% 3. Scoot Tigerair 6.47% 4. Thai Vietjet Air 4.40% 4. Je
Slide 22: Appendix D: Market Share (By Passenger) at Suvarnabhumi Airport – FY2019
Appendix D: Market Share (By Passenger) at Suvarnabhumi Airport – FY2019 Top 10 Airlines Top 10 LCCs 1. Thai Airways 28.92% 1. Thai VietJet Air 28.46% 2. Bangkok Airways 7.77% 2. Spring Airlines 11.52% 3. Thai Smile Airways 7.59% 3. Scoot Tigerair 6.56% 4. Thai Vietjet 3.98% 4. Jeju Air 6.32% 5. Emi
Slide 23: Appendix E: Market Share at Don Mueang International Airport – FY2019
Appendix E: Market Share at Don Mueang International Airport – FY2019 Top 5 Airlines By Aircraft Top 5 Airlines By Passenger 1. Thai Air Asia 43.03% 1. Thai Air Asia 41.90% 2. Nok Air 21.76% 2. Thai Lion Air 23.77% 3. Thai Lion Air 21.09% 3. Nok Air 18.33% 4. Thai Air Asia X 2.88% 4. Thai Air Asia X
Slide 24: Appendix F: Major LCCs Airlines (6 Airports) - FY2019
Appendix F: Major LCCs Airlines (6 Airports) - FY2019 Domestic (6 Airlines) International (31 Airlines) Nok Air 9 Air Jeju Air Peach Air Nok Scoot AirAsia Berhad Jetstar Airways Philippines AirAsia Thai Air Asia CEBU Pacific Air Jetstar Asia Scoot Tigerair Thai Air Asia X Jetstar Pacific China Expre
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