Flughafen Wien Ag · VIE:FLU
Flughafen Wien — International Investor Conference Kitzbühel 2006
24 slides from Flughafen Wien's conference presentation, Jan 18, 2006
Slide 1: Presentation to Investors
Vienna International Airport Presentation to Investors International Investor Conference Kitzbühel, January 18-21, 2006 1
Slide 2: Facts & Activities
Facts & Activities z Vienna Airport plc z Well situated as gateway to - Privatised in 1992 East European countries - Present ownership structure: z Full airport provider 40% Public sector (including ground handling) 10% Employee trust 50% Free float z Working environment z 15.9 m passengers in 2005
Slide 3: Highlights 2005
Highlights 2005 z Strong development in long-haul traffic to eastern destinations Far East increased by 12.9 % Near and Middle East by 34.0 % z Traffic to Eastern Europe increased by 9.9 % z Low cost traffic increased by 19.7 % z Total traffic increase 2005 +7.3 % 3
Slide 4: Results for the Nine Months to September 2005
Results for the Nine Months to September 2005 Change EUR m 2005 2004 in % Operating income 322.2 312.0 + 3.3 Operating expenses 240.2 225.2 + 6.6 EBIT 82.1 86.9 - 5.5 Financial results 7.9 1.6 + 395.8 Profit before tax (EBT) 90.0 88.5 + 1.8 Taxes on income -23.3 -28.2 - 17.6 Minority interests 0.3 0
Slide 5: Turnover by Segment for the Nine Months to September 2005
Turnover by Segment for the Nine Months to September 2005 300 280 Non- • Non-Aviation +4.6% 21.3% 260 Aviation 20.8% Growth in gastronomy 240 and shopping, decline 220 in security services 200 31.9% Handling 30.8% • Handling +5.5% 180 160 Low cost carriers 140 120 • Airport -1.7% 100 Reduction in ta
Slide 6: Results: Summary of Operating Expenses
Results for the Nine Months to September 2005 Summary of Operating Expenses Change 2005 2004 EUR m in % Cost of materials and services 24.1 19.2 + 25.6 Personnel expenses 134.1 123.4 + 8.7 Depreciation 40.4 35.5 + 13.6 Other operating expenses 41.5 47.1 - 11.8 Total operating expenses 240.2 225.2 +
Slide 7: Traffic Results 2005
Traffic Results 2005 Passengers: 15,859,050 (+ 7.3%) Transfer passengers: 5,443,078 (+ 6.9%) Flight movements: 230,900 (+ 2.7%) MTOW (t): 6,525,425 (+ 4.6%) Cargo incl. trucking (t): 234,677 (+ 12.0%) 7
Slide 8: Traffic Results 2005: Major contributors to above-average growth
Traffic Results 2005 Major contributors to above-average growth Low Cost Carriers + 19.7% vs. 2004 Share of passenger growth 30.2% Additional PAX vs. 2004 + 324,361 Eastern Europe + 9.9% vs. 2004 Share of passenger growth 20.1% Additional PAX vs. 2004 + 215,350 Middle East and Asia + 18.9% vs. 2004
Slide 9: Traffic Results 2005: Passengers - Low Cost Carriers
Traffic Results 2005 Passengers - Low Cost Carriers LCC share 2005 % to 2004 in % Air Berlin 929,428 + 21.6 47.2 Niki 675,241 + 51.0 34.3 Germanwings 334,485 + 11.7 17.0 Intersky 17,468 - 51.8 0.9 Helvetic 8,470 - 66.9 0.4 Germania 3,115 - 87.8 0.2 Blue Panorama 2,225 --- 0.1 TOTAL 1,970,432 + 19.7
Slide 10: Summer 2005: Number of Destinations to Eastern Europe
Traffic Results 2005 Summer 2005: Number of Destinations to Eastern Europe 20 – Destinationen + Destinationen + Frequenzdichte + Frequenzdichte 18 HEL 16 PAR MUC LON 14 MIL VIE Frequenzdichte CPH FRA 12 Mittelw ert ZRH A MS PRG BRU BTS 10 BUD FCO 8 6 BER Mittelwert – Destinationen + Destinationen –
Slide 11: Summer 2005: Number of Destinations Middle East and Asia
Traffic Results 2005 Summer 2005: Number of Destinations Middle East and Asia 11 – Destinationen + Destinationen LON 10 + Frequenzdichte + Frequenzdichte 9 8 PA R 7 ZRH Frequenzdichte 6 AMS FRA BUD MIL V IE 5 Mittelw ert CPH 4 HEL PRG MUC 3 FCO BRU – Destinationen + Destinationen 2 – Frequenzdichte
Slide 12: Traffic Results 2005: Scheduled Traffic - Passengers
Traffic Results 2005 Scheduled Traffic - Passengers Share of traffic Change in % in % Europe 83.1 + 9.1 East: 16.2 + 9.9 West: 67.0 + 8.9 thereof EU: 62.8 + 7.8 Far East 8.1 + 12.9 Middle East 3.9 + 34.0 North America 3.2 + 7.0 Others 1.7 + 37,8 TOTAL 100.0 Scheduled traffic comprises 93.1 % of tota
Slide 13: Traffic Results 2005: Airlines - Passenger Share
Traffic Results 2005 Airlines - Passenger Share % 2005 2004 Austrian Airlines Group 56.6 57.8 Air Berlin 5.9 5.2 Lufthansa 5.5 6.1 Niki 4.3 3.0 British Airways 2.2 2.3 Germanwings 2.1 2.0 Swiss Intl. 2.0 2.1 Air France 1.8 1.9 Others 19.6 19.6 13
Slide 14: Traffic Results - Forecast 2006
Traffic Results - Forecast 2006 Passengers + 6.0% MTOW + 3.0% Flight movements + 2.0% 14
Slide 15: Main Focus
Main Focus z Optimise traffic growth z Ground Handling z Non-Aviation z Capex - to match demand - within cost framework 15
Slide 16: Changes in tariff regulations as of January 2006
Changes in tariff regulations as of 1 January 2006 TARIFFS z Decrease of 2.8% in landing charge z Increase of € 1.12 in passenger service charge mostly due to the implementation of environmental measures INCENTIVES z Prolongation of increase in transfer incentive from € 8.21 to € 10.21 per departing
Slide 17: Ground Handling
Ground Handling VIE Share HY 2005 90.7% Contract Airlines until Austrian Airlines 12/2009 Lufthansa 12/2007 Air Berlin 03/2008 Swiss 12/2005* *) new contracts will be signed in NIKI 03/2008 the next days BA 12/2005* Germanwings 12/2007 17
Slide 18: Optimise Capex Programme: Passenger Growth 2000 - 2010
Optimise Capex Programme Passenger Growth 2000 - 2010 22 Growth rate 2007-2010: + 4.6% 20.0 20 19.1 18.3 17.5 18 PAX m 16.8 15.9 16 14.8 Forecast 2006: + 5.5% 2004: + 15,7% 14 12.8 11.9 11.9 12.0 12 10 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 18
Slide 19: Investments 2006 - 2008
Investments 2006 - 2008 EUR m Aviation Skylink 303 Baggage sorting system 45 Other 48 Non Aviation Office Park Phase 2 40 Parking 19 Total 455 19
Slide 20: Investments 2006 - 2008: EUR 455 m
Investments 2006 - 2008 in m EUR Investments 2006 - 2008: EUR 455 m 300 250 266 200 185 184 150 176 100 95 50 0 2004 2005e 2006 2007 2008 20
Slide 21: Completed Projects
Completed Projects CAT – City Airport Train ATC Tower Central Road System Office Park Temporary Check-in Facilities 21
Slide 22: Completed Projects
Completed Projects Expansion of the Apron Car Park 6 Handling Center West Expansion of Car Park 3 22
Slide 23: Further Investments
Further Investments VIP and General Aviation Center NEW Air Cargo Center and Handling Center West ÖBB Railway Station Airport 23
Slide 24: Vienna International Airport
Vienna International Airport 24
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