Key financial data
Key data (2-year summary)
|
(CHF 1,000) |
|
2020 |
|
2019 |
|
Change in % |
|
Total revenue |
|
623,974 |
|
1,210,084 |
|
–48.4 |
|
of which aviation revenue |
|
221,716 |
|
661,451 |
|
–66.5 |
|
of which non-aviation revenue |
|
402,258 |
|
548,633 |
|
–26.7 |
|
Operating expenses |
|
–427,950 |
|
–568,249 |
|
–24.7 |
|
Earnings before interest, tax, depreciation and amortisation (EBITDA) |
|
196,024 |
|
641,835 |
|
–69.5 |
|
EBITDA margin (in %) |
|
31.4 |
|
53.0 |
|
|
|
Earnings before interest and tax (EBIT) |
|
–56,566 |
|
403,116 |
|
|
|
EBIT margin (in %) |
|
–9.1 |
|
33.3 |
|
|
|
Consolidated result |
|
–69,119 |
|
309,145 |
|
|
|
|
|
|
|
|
|
|
|
Cash flow from operating activities |
|
147,278 |
|
511,737 |
|
–71.2 |
|
Cash flow from investing activities |
|
–565,110 |
|
–628,311 |
|
–10.1 |
|
|
|
|
|
|
|
|
|
Invested capital as at reporting date 1) |
|
4,265,044 |
|
3,753,684 |
|
13.6 |
|
Average invested capital 1) |
|
4,009,364 |
|
3,635,255 |
|
10.3 |
|
Return on average invested capital (ROIC, in %) |
|
–1.1 |
|
8.8 |
|
|
|
Equity as at reporting date |
|
2,336,802 |
|
2,469,086 |
|
–5.4 |
|
Return on equity (in %) |
|
–2.9 |
|
12.7 |
|
|
|
Equity ratio (in %) |
|
46.1 |
|
53.8 |
|
|
|
|
|
|
|
|
|
|
|
Interest-bearing liabilities (net) 2) |
|
980,314 |
|
728,551 |
|
34.6 |
|
Interest-bearing liabilities (net)/EBITDA 2) |
|
5.00x |
|
1.14x |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Key data for shareholders of Flughafen Zürich AG |
|
|
|
|
|
|
|
Number of issued shares |
|
30,701,875 |
|
30,701,875 |
|
|
|
Ordinary dividend per share (CHF) 3) |
|
0.00 |
|
0.00 |
|
|
|
Payout ratio (in %) |
|
0.0 |
|
0.0 |
|
|
|
Equity per share (CHF) |
|
76.11 |
|
80.42 |
|
–5.4 |
|
Basic earnings per share (CHF) |
|
–2.25 |
|
10.07 |
|
|
|
Diluted earnings per share (CHF) |
|
–2.25 |
|
10.07 |
|
|
|
|
|
|
|
|
|
|
|
Flughafen Zürich AG (registered share) |
|
Security number |
|
SIX Symbol |
|
Reuters |
|
|
|
31941693 |
|
FHZN |
|
FHZN.S |
|
Share price as at 31.12. (CHF) |
|
156.10 |
|
176.70 |
|
–11.7 |
1) Invested capital includes equity and interest-bearing debt.
2) Interest-bearing liabilities (net) include interest-bearing debt less cash and cash equivalents, current and non-current financial assets and fixed-term deposits.
3) Owing to the widespread impact of COVID-19 and to safeguard liquidity, it was decided not to pay a dividend for the 2019 financial year. A proposal will be made to the General Meeting of Shareholders to waive payment of a dividend for the current year too.
