12 AIRPORT of ZURICH NOISE FUND
|
(CHF 1,000) |
|
2020 |
|
Airport of Zurich Noise Fund as at 1 January |
|
422,882 |
|
Revenue from noise charges |
|
4,142 |
|
Costs for sound insulation and resident protection |
|
–2,952 |
|
Costs for formal expropriations 1) |
|
–1,440 |
|
Airport of Zurich Noise Fund as at 30 June before operating costs and finance result |
|
422,632 |
|
Noise-related operating costs |
|
–1,701 |
|
Interest income and adjustments to fair value financial assets of Airport of Zurich Noise Fund |
|
–1,143 |
|
Airport of Zurich Noise Fund as at 30 June |
|
419,788 |
1) In addition to compensation payments for formal expropriations, this amount includes other associated external costs (in accordance with the regulations of the Airport of Zurich Noise Fund).
Summary of assets invested in the Airport of Zurich Noise Fund:
|
(CHF 1,000) |
|
30.06.2020 |
|
31.12.2019 |
|
Cash equivalents (see note 9, "Cash and cash equivalents") |
|
12,512 |
|
18,092 |
|
Current financial assets of Airport of Zurich Noise Fund |
|
20,257 |
|
17,376 |
|
Non-current financial assets of Airport of Zurich Noise Fund |
|
395,753 |
|
394,428 |
|
Accrual / deferral towards Flughafen Zürich AG 1) |
|
–8,734 |
|
–7,014 |
|
Total assets invested for Airport of Zurich Noise Fund |
|
419,788 |
|
422,882 |
1) For accounting reasons, an asset or liability towards Flughafen Zürich AG arises as of the balance sheet date. This is compensated in the subsequent month, so the balance of liquid funds is restored.
