Key financial data
Key data (5-year summary)
|
(CHF 1,000) |
|
2016 |
|
2017 |
|
2018 |
|
2019 |
|
2020 |
|
Total revenue |
|
1,012,804 |
|
1,037,125 |
|
1,152,897 |
|
1,210,084 |
|
623,974 |
|
of which aviation revenue |
|
620,402 |
|
624,241 |
|
656,667 |
|
661,451 |
|
221,716 |
|
of which non-aviation revenue |
|
392,402 |
|
412,884 |
|
496,230 |
|
548,633 |
|
402,258 |
|
Operating expenses |
|
–434,000 |
|
–453,485 |
|
–581,918 |
|
–568,249 |
|
–427,950 |
|
Earnings before interest, tax, depreciation and amortisation (EBITDA) |
|
578,804 |
|
583,640 |
|
570,979 |
|
641,835 |
|
196,024 |
|
EBITDA margin (in %) |
|
57.1 |
|
56.3 |
|
49.5 |
|
53.0 |
|
31.4 |
|
Earnings before interest and tax (EBIT) |
|
337,350 |
|
339,899 |
|
326,527 |
|
403,116 |
|
–56,566 |
|
EBIT margin (in %) |
|
33.3 |
|
32.8 |
|
28.3 |
|
33.3 |
|
–9.1 |
|
Consolidated result |
|
248,018 |
|
285,527 |
|
237,841 |
|
309,145 |
|
–69,119 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash flow from operating activities |
|
471,869 |
|
529,744 |
|
538,359 |
|
511,737 |
|
147,278 |
|
Cash flow from investing activities |
|
–167,482 |
|
–542,322 |
|
–273,351 |
|
–628,311 |
|
–565,110 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Invested capital as at reporting date 1) |
|
3,215,677 |
|
3,470,749 |
|
3,516,827 |
|
3,753,684 |
|
4,265,044 |
|
Average invested capital 1) |
|
3,201,052 |
|
3,343,213 |
|
3,493,788 |
|
3,635,255 |
|
4,009,364 |
|
Return on average invested capital (ROIC in %) |
|
8.4 |
|
8.1 |
|
7.4 |
|
8.8 |
|
–1.1 |
|
Equity as at reporting date |
|
2,260,149 |
|
2,401,135 |
|
2,414,853 |
|
2,469,086 |
|
2,336,802 |
|
Return on equity (in %) |
|
11.1 |
|
12.3 |
|
9.9 |
|
12.7 |
|
–2.9 |
|
Equity ratio (in %) |
|
55.6 |
|
55.9 |
|
55.3 |
|
53.8 |
|
46.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest-bearing liabilities (net) 2) |
|
102,020 |
|
57,894 |
|
146,380 |
|
728,551 |
|
980,314 |
|
Interest-bearing liabilities (net)/EBITDA 2) |
|
0.18x |
|
0.10x |
|
0.26x |
|
1.14x |
|
5.00x |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Key data for shareholders of Flughafen Zürich AG |
|
|
|
|
|
|
|
|
|
|
|
Number of issued shares |
|
30,701,875 |
|
30,701,875 |
|
30,701,875 |
|
30,701,875 |
|
30,701,875 |
|
Ordinary dividend per share (CHF) 3) |
|
3.20 |
|
3.30 |
|
3.70 |
|
0.00 |
|
0.00 |
|
Payout ratio (in %) 4) |
|
39.6 |
|
35.5 |
|
47.8 |
|
0.0 |
|
0.0 |
|
Additional dividend per share (CHF) 3) |
|
3.20 |
|
3.20 |
|
3.20 |
|
0.00 |
|
0.00 |
|
Equity per share (CHF) |
|
73.62 |
|
78.21 |
|
78.65 |
|
80.42 |
|
76.11 |
|
Basic earnings per share (CHF) |
|
8.07 |
|
9.29 |
|
7.75 |
|
10.07 |
|
–2.25 |
|
Diluted earnings per share (CHF) |
|
8.07 |
|
9.29 |
|
7.75 |
|
10.07 |
|
–2.25 |
1) Invested capital includes equity and interest-bearing debt.
2) Interest-bearing liabilities (net) include interest-bearing debt less cash and cash equivalents, interest-bearing 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.
4) Additional dividend from capital contribution reserves not included.
