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.