Flughafen Zürich AG - Annual Report 2020

2 Revenue

(CHF 1,000)	2020	2019
Passenger charges	68,736	253,117
Security charges	47,191	176,860
PRM charges	4,089	15,730
Passenger-related flight operations charges	120,016	445,707
Landing charges	32,652	86,903
Aircraft-related noise charges	5,530	12,827
Emission charges	1,592	4,100
Parking charges	24,350	26,641
Freight revenue	6,343	8,352
Other flight operations charges	70,467	138,823
Total flight operations charges	190,483	584,530
Baggage sorting and handling system	14,704	43,489
De-icing	4,998	12,730
Check-in	2,296	5,726
Aircraft energy supply system	2,095	3,873
Other fees	4,182	6,181
Total aviation fees	28,275	71,999
Refund of security costs	439	2,070
Other revenue	2,519	2,852
Total other aviation revenue	2,958	4,922
Total aviation revenue	221,716	661,451
Retail, tax & duty-free	89,712	114,211
Food & beverage operations	14,643	20,129
Advertising media and promotion	13,095	18,185
Revenue from multi-storey car parks	40,760	82,617
Other commercial revenue (car rentals, taxis, banks, etc.)	11,588	17,557
Total commercial revenue	169,798	252,699
Revenue from rental and leasing agreements	113,543	91,708
Energy and utility cost allocation	20,513	23,740
Cleaning	2,314	4,896
Revenue from services	4,550	4,913
Total revenue from facility management	140,920	125,257
Communication services	14,526	15,969
Other services and miscellaneous	9,913	17,135
Catering	534	2,165
Fuel charges	3,191	8,869
Total revenue from services	28,164	44,138
Revenue from consulting activities	4,785	6,577
Other revenue from international business	31,232	36,612
Revenue from construction projects as part of concession agreements	27,359	83,350
Total revenue from international business	63,376	126,539
Total non-aviation revenue	402,258	548,633
Total revenue	623,974	1,210,084

Commercial partners in retail, tax & duty free and food & beverage operations have seen sales revenues fall significantly as a result of the coronavirus crisis. The legal assessment is that the minimum annual rent agreed is not payable by lessees affected by the closures ordered by the authorities. Accordingly, Flughafen Zürich AG did not recognise the minimum rental income of CHF 18.9 million for the period of the lockdown from 17 March to 10 May 2020 and for the further closures ordered by the authorities in December 2020.

In addition, further rent concessions for the post-lockdown period have been discussed with the commercial partners concerned and solutions already found with most lessees. The rent concessions granted in this context (rent waivers and contractual amendments such as staggered rents or lease term extensions) were recognised as assets (CHF 32.6 million) in accordance with IFRS 16 and will be amortised on a straight-line basis over the term of the relevant contracts.

Presentation of revenue from contracts with customers (IFRS 15):

(CHF 1,000)	2020	2019
Flight operations charges	190,483	584,530
Aviation charges	28,275	71,999
Other aviation revenue	2,749	4,709
Total aviation revenue from contracts with customers (IFRS 15)	221,507	661,238
Aviation revenue (non IFRS 15)	209	213
Total aviation revenue	221,716	661,451
Commercial and parking revenue	38,785	83,132
Revenue from facility management	26,971	33,013
Revenue from services	27,238	42,665
Revenue from international business	63,376	126,539
Total non-aviation revenue from contracts with customers (IFRS 15)	156,370	285,349
Non-aviation revenue (non IFRS 15)	245,888	263,284
Total non-aviation revenue	402,258	548,633
Total revenue	623,974	1,210,084