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.