Airports Of Thailand Public Co Ltd · SET:AOT
Airports Of Thailand Public — Airports of Thailand — Investor Presentation (December 2013)
23 slides from Airports Of Thailand Public's investor presentation, Dec 11, 2013
Slide 1: Airports of Thailand Plc. Fiscal Year 2013
Airports of Thailand Plc. For The fiscal Year 2013 (October 2012 – September 2013 2013)) Investor Relations Center, E-mail: aotir@airportthai.co.th, Tel: (662) 535-5900, Fax (662) 535-5909
Slide 2: Disclaimer
Disclaimer This presentation is intended to assist investors to better understanding the company’s 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
Slide 3: Airports in Thailand
Airports in Thailand MAE FAH LUANG-CHIANG RAI Total of 38 airports INTERNATIONAL AIRPORT CHIANG MAI INTERNATIONAL Airports of Thailand Public Company Limited 1 AIRPORT 2 in Bangkok and perimeter Pai o Suvarnabhumi Airport (BKK) Mae Hong Son Nan Lampang o Don Muang International Airport (DMK) Phr
Slide 4: Business Overview
Business Overview Fact Sheet Shareholders Information (As of December 24, 2012) Listed on 11 March 2004 1. Ministry of Finance 70.00 % Shares outstanding 1,428.57 Million Shareholders p y Limited 2. Thai NVDR Company 4.48 % •Ministry Of Finance 70% 3. HSBC (Singapore) Nominees Pte. Ltd. 2.49 %
Slide 5: Aircraft Movement Statistics (FY2013)
Aircraft Movement Statistics (FY2013) AOT Traffics Major LCCs Airline LCCs Traffics (Unit: Thousand) • Domestic (3 airlines) (Unit: Thousand) Thai Air Asia 559.42 Nok Air 184.99 480.34 One-Two-Go/Orient 152.80 441.44 Thai Airlines 132.73 385.77 242.90 • International (22 airlines) 108.12 118.09 211.
Slide 6: Passenger Movement Statistics (FY2013)
Passenger Movement Statistics (FY2013) AOT Traffics LCCs Traffics (Unit: Million) (Unit: Million) 86.13 26.61 71.52 20.34 66.30 31.87 57.42 17.65 27.20 16.90 24 19 24.19 13 99 13.99 21.59 13.46 11.84 9.20 54.26 42.11 44.32 35.83 9.71 5.81 6.88 4 79 4.79 FY FY 2010 2011 2012 2013 2010 2011 2012 2013
Slide 7: Monthly Air Traffic Movements: FY 2009 - 2013
Monthly Air Traffic Movements: FY 2009 - 2013 (Unit: Thousand) 55 50 45 FY 2009 40 FY 2010 Aircraft Movements FY 2011 35 FY 2012 30 FY 2013 25 ov ug pr p ec l ct n b n ar ay Ju Se Ja Fe Ju O A M N D A M (Unit: Million) 9 8 FY 2009 7 Passenger Movements FY 2010 6 FY 2011 5 FY 2012 4 FY 2013 3 ov pr u
Slide 8: Airport Revenues (FY 2013)
Airport Revenues (FY 2013) 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 59.71% THB 500 to THB 700 - International PSC (For FY 2013) THB 50 to THB 100 - Domestic PSC Aircraft Service Cha
Slide 9: Revenues Breakdown (FY 2013)
Revenues Breakdown (FY 2013) Total Revenue By proportion (Unit: Million) FY2012 FY2013 15.64% 12.93% 36 810 41 36,810.41 23.29% 25.26% 30,405.28 28,640.69 24 032 61 24,032.61 10.86% 21,502.39 10.26% 5.24% 45.33% 43.36% 4.77% 1 61% 1.61% 1 45% 1.45% By Growth (Unit: Million Baht) FY 2009 2010 2011 20
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 Supervisor
Slide 11: Operating Expenses Breakdown (FY 2013)
Operating Expenses Breakdown (FY 2013) Total Operating Expenses By proportion (Unit: Million) FY2012 FY2013 21,666.79 21,509.98 23.71% 23.43% 22.20% 19,690.41 24.65% 19,629.66 18,543.25 6 65% 6.65% 7 39% 7.39% 11.70% 34.51% 9.49% 36.27% By Growth FY 2009 2010 2011 2012 2013 (Unit: Million Baht) FY20
Slide 12: Statements of Income (FY 2013)
Statements of Income (FY 2013) (Unit: Million Baht) FY2009 FY2010 FY2011 FY2012 FY2013 YoY Revenues from sales 21,502.39 24,032.61 28,640.69 30,405.28 36,810.41 21.07% or services Operating expenses 18,543.25 19,629.66 21,666.79 19,690.41 21,509.98 9.24% EBIT 2,959.14 4,402.96 6,973.90 10,714.87 15,
Slide 13: Financial Status
Financial Status STATEMENTS OF FINANCIAL POSITION STATEMENTS OF CASH FLOW (Unit: Million Baht) (Unit: Million Baht) 30 Sep 2012 30 Sep 2013 Beginning Cash 3,652.83 Cash Flow from Operation 20,583.89 Cash 3,652.83 6,617.68 Cash Used in Investment (8,791.31) Other Current Asset 33,476.24 36,914.51 C h
Slide 14: Financial Ratios
Financial Ratios 30 Sep 2009 30 Sep 2010 30 Sep 2011 30 Sep 2012 30 Sep 2013 (FY2009) (FY2010) (FY2011) (FY2012) (FY2013) Par Value (THB) 10.00 10.00 10.00 10.00 10.00 Market Price (THB) 42.25 41.50 39.50 79.50 188.50 BV/share 51.28 48.89 50.49 54.35 64.11 P/BV 0 82 0.82 0 85 0.85 0 78 0.78 1 46 1.4
Slide 15: Noise Compensation (Suvarnabhumi Airport Phase I)
Noise Compensation (Suvarnabhumi Airport Phase I) Planned Proceeded (Unit: Million Baht) (The cabinet resolution on May 29,2007) NEF > 40 Houses Amount Summer Season (Unit: Houses) Purchased 131 672.61 Insulated 346 89.48 Total Impacted Houses Total NEF> 40 477 762.09 10,918 NEF 30 - 40 Houses Amoun
Slide 16: Noise Compensation (Suvarnabhumi Airport Phase I)
Noise Compensation (Suvarnabhumi Airport Phase I) Planned Proceeded (Unit: Million Baht) (Th cabinet (The bi t resolution l ti on Aug A 31, 31 2010) NEF > 40 Winter Season (Unit: Houses) Houses Amount Purchased 49 153.77 Total Impacted Insulated 74 23.09 Houses 5 397 5,397 Total NEF> 40 123 176.86 N
Slide 17: Future Airport Developments
Future Airport Developments Investment Cost Expected Additional Capacity Suvarnabhumi 1/ (billion baht) Timeframe 1. Project j Management g 62.50 2011 - 2017 - 15 MAP Consultant (PMC) 2. 1st Midfield Satellite - 28 contacted gates 3. Apron around 1st Midfield Satellite 4. South Tunnel and Automated
Slide 18: Commercial Projects
Commercial Projects Don Muang International Airport Suvarnabhumi Airport • Private Jet Terminal • Community Mall • Central Warehouse Phuket International Airport • Hotel • Hospital p • Private Jet Terminal • Office Building • Exhibition Center • Export Exhibition Center Chiang Mai International Airp
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 FY12 FY13 FY12 FY13 FY12 FY13 BKK 76 66 59 45.0 52.37 50.90 3.000 1.357 1.232
Slide 20: Appendix B: AOT vs. Regional Airports Capacity
Appendix B: AOT vs. Regional Airports Capacity A Area C Capacity it Cargoes Runways Aircraft Airports Total Terminal Passengers Area Area (Million (Metres) (Flights/ (Acres) (Sq.m.) (Million/Year) Metric Hour) Tons/Year) 60 x 3,700 BKK 8 000 8,000 563 000 563,000 68 45 0 45.0 3 000 3.000 2 60 x 4,00
Slide 21: Appendix C: Market Share (By Aircraft) at Suvarnabhumi Airport
Appendix C: Market Share (By Aircraft) at Suvarnabhumi Airport – FY2013 Top 10 Airlines Top 10 LCCs 1. Thai Airways International 32.63% 1. Tiger Airways 21.78% 2. Bangkok Airways 14.40% 2. Jetstar Asia Airways 12.25% 3 Cathay Pacific Airways 3. 2 38% 2.38% 3 Indigo 3. 11 54% 11.54% 4. China Souther
Slide 22: Appendix D: Market Share (By Passenger) at Suvarnabhumi Airport
Appendix D: Market Share (By Passenger) at Suvarnabhumi Airport – FY2013 Top 10 Airlines Top 10 LCCs 1 Th 1. Thaii Airways Ai IInternational t ti l 41 06% 41.06% 1 Ti 1. Tiger Airways Ai 21 34% 21.34% 2. Bangkok Airways 6.83% 2. Jetstar Asia Airways 11.48% 3 Cathay Pacific Airways 3. 3 41% 3.41% 3 I
Slide 23: Appendix E: Market Share at Don Muang International Airport
Appendix E: Market Share at Don Muang International Airport – FY2013 Top Airlines By Aircraft Top Airlines By Passenger 1.Thai Air Asia 43.88% 1. Thai Air Asia 53.69% 2. Nok Air 26.17% 2. Nok Air 32.21% 3. Orient Thai Airlines 4.72% 3. Orient Thai Airlines 5.86% 4. Siam General Aviation 4.58% 4. Air
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