Airports Of Thailand Public Co Ltd · SET:AOT
Airports Of Thailand Public — Airports of Thailand — Investor Presentation (December 2016)
24 slides from Airports Of Thailand Public's investor presentation, Dec 2, 2016
Slide 1: Airports of Thailand Plc. Fiscal Year 2016
Airports of Thailand Plc. For The Fiscal Year 2016 (October 2015 – September 2016) Investor Relations Department, 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 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 38 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 Lampang o Don Mueang International Airport (DMK) Phra
Slide 4: Business Overview
Business Overview Fact Sheet Shareholders Information (As of December 17, 2015) Listed on 11 March 2004 1. MINISTRY OF FINANCE 70.00% Shares outstanding 1,428.57 Million Shareholders 2. THAI NVDR COMPANY LIMITED 5.12% •Ministry Of Finance 70% •Free Float 30% 3. STATE STREET BANK EUROPE LIMITED
Slide 5: Aircraft Movement Statistics (FY2016)
Aircraft Movement Statistics (FY2016) AOT Traffics LCCs Traffics (Unit: Thousand) (Unit: Thousand) 776.92 345.17 707.36 303.40 609.94 559.42 374.20 234.30 342.04 227.03 285.15 184.99 208.04 243.33 156.45 118.09 365.32 402.72 316.09 324.79 118.14 66.90 77.85 95.36 FY 2013 2014 2015 2016 FY 2013 2014
Slide 6: Passenger Movement Statistics (FY2016)
Passenger Movement Statistics (FY2016) AOT Traffics LCCs Traffics (Unit: Million) (Unit: Million) 119.92 53.26 106.78 43.99 86.13 87.57 51.86 45.45 32.69 34.51 31.87 36.38 26.61 29.90 22.05 16.90 61.33 68.06 54.26 51.19 18.75 10.64 14.09 9.71 FY FY 2013 2014 2015 2016 2013 2014 2015 2016 Internation
Slide 7: Monthly Air Traffic Movements: FY2012 - 2016
Monthly Air Traffic Movements: FY2012 - 2016 (Unit: Thousand) 70 65 60 FY 2012 55 FY 2013 50 FY 2014 Aircraft Movements (FY2016) 45 FY 2015 International Domestic Total 40 FY 2016 10.2% 9.4% 9.8% 35 30 ov pr ug p ec l ct n b n ar ay Ju Se Ja Fe Ju O A M N D A M (Unit: Million) 11 10 FY 2012 9 FY 201
Slide 8: Airport Revenues (FY2016)
Airport Revenues (FY2016) 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 THB 500 to THB 700 - International PSC 57% THB 50 to THB 100 - Domestic PSC Aircraft Service Charges Fees paid by
Slide 9: Revenues Breakdown (FY2016)
Revenues Breakdown (FY2016) Total Revenue By Proportion (Unit: Million Baht) FY2015 FY2016 50,961.95 43,968.99 12.62% 13.06% 36,810.41 37,585.46 26.68% 26.73% 9.87% 12.09% 43.11% 44.51% 4.27% 3.91% 1.61% 1.54% By Growth (Unit: Million Baht) 2013 2014 2015 2016 FY2013 FY2014 FY2015 FY2016 YoY FY 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 (FY2016)
Expenses Breakdown (FY2016) Expenses By Proportion (Unit: Million Baht) FY2015 FY2016 24,195.72 21,455.29 26.33% 26.46% 24.53% 19,915.92 28.84% 18,948.72 10.59% 11.78% 9.12% 8.84% 9.66% 14.55% 19.07% 10.23% By Growth (Unit: Million Baht) FY 2013 2014 2015 2016 FY2013 FY2014 FY2015 FY2016 YoY Employe
Slide 12: Statements of Income (FY2016)
Statements of Income (FY2016) (Unit: Million Baht) FY2013 FY2014 FY2015 FY2016 YoY Total revenues 41,672.26 39,770.73 45,505.57 52,783.34 15.99% Revenues from sales or 36,810.40 37,585.46 43,968.99 50,961.95 15.90% services Other incomes 4,861.86 2,185.27 1,536.58 1,821.39 18.53% Total expenses 20,4
Slide 13: Financial Status
Financial Status STATEMENTS OF FINANCIAL POSITION STATEMENTS OF CASH FLOW (Unit: Million Baht) (Unit: Million Baht) 30 Sep 2015 30 Sep 2016 Beginning Cash 3,086.20 Cash Flow from Operation 30,325.83 Cash 3,086.20 5,886.26 Cash Used in Investment (14,722.28) Other Current Asset 48,838.46 58,271.44 Ca
Slide 14: Financial Ratios
Financial Ratios 30 Sep 2012 30 Sep 2013 30 Sep 2014 30 Sep 2015 30 Sep 2016 (FY2012) (FY2013) (FY2014) (FY2015) (FY2016) Par Value (THB) 10.00 10.00 10.00 10.00 10.00 Market Price (THB) 79.50 188.50 239.00 281.00 399.00 BV/share 54.35 64.11 67.93 76.01 84.93 P/BV 1.46 2.94 3.52 3.70 4.70 EPS 4.55 1
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 (Unit: Houses) Purchased 135 693.57 Insulated 351 91.48 Total Impacted Houses Total NEF> 40 484 785.05 11,047 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 (Unit: Houses) Houses Amount Purchased 53 430.96 Total Impacted Insulated 75 23.75 Houses 4,877 Total NEF> 40 128 454.71 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 (Unit: Houses) Houses Amount Purchased 4 34.64 Total Impacted Insulated 34 13.86 Houses 2,269 Total NEF> 40 38 48.50 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 62.50 2019 • 15 MAP Development Project (FY2011-2017) Suvarnabhumi 2. Terminal 2 34.67 2021 • 30 MAP 3. Third Runway 20.34 2020 (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 FY15 FY16 FY15 FY16 FY15 FY16 BKK 68 62 63 45.0 52.38 55.47 1.700 1.240 1.263
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 1,552 215,620 40 30.0 0.860
Slide 21: Appendix C: Market Share (By Aircraft) at Suvarnabhumi Airport – FY2016
Appendix C: Market Share (By Aircraft) at Suvarnabhumi Airport – FY2016 Top 10 Airlines Top 10 LCCs 1. Thai Airways International 22.83% 1. Spring Airlines 17.30% 2. Bangkok Airways 15.85% 2. Jetstar Asia 14.25% 3. Thai Smile Airways 8.00% 3. Tiger Airways 12.35% 4. China Southern Airlines 2.91% 4.
Slide 22: Appendix D: Market Share (By Passenger) at Suvarnabhumi Airport – FY2016
Appendix D: Market Share (By Passenger) at Suvarnabhumi Airport – FY2016 Top 10 Airlines Top 10 LCCs 1. Thai Airways 31.85% 1. Spring Airlines 17.84% 2. Bangkok Airways 8.54% 2. Jetstar Asia 13.21% 3. Thai Smile Airways 5.41% 3. Tiger Airways 10.45% 4. Emirates Airlines 3.74% 4. Jeju Air 7.99% 5. Ca
Slide 23: Appendix E: Market Share at Don Mueang International Airport – FY2016
Appendix E: Market Share at Don Mueang International Airport – FY2016 Top Airlines By Aircraft Top Airlines By Passenger 1. Thai Air Asia 38.96% 1. Thai Air Asia 38.70% 2. Nok Air 25.42% 2. Nok Air 22.65% 3. Thai Lion Air 15.28% 3. Thai Lion Air 19.68% 4. Thai Smile 3.10% 4. Thai Air Asia X 3.57% 5.
Slide 24: Appendix F: Major LCCs Airlines (6 Airports)
Appendix F: Major LCCs Airlines (6 Airports) Domestic (6 Airlines) International (33 Airlines) Nok Air Air Asia CEBU Pacific Air Eastar Jet Nok Scoot Eurowings Firefly Hong Kong Express IndiGo Airlines Indonesia AirAsia Indonesia Air Asia X Orient Thai Airlines Jeju Air Jetstar Airways Jetstar Asia
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