Key data

Key financial data (consolidated)

(CHF million)

 

2017

 

2018

 

2019

 

2020

 

2021

Total revenue

 

1,037.1

 

1,152.9

 

1,210.1

 

624.0

 

680.0

of which aviation revenue

 

624.2

 

656.7

 

661.5

 

221.7

 

240.6

of which non-aviation revenue

 

412.9

 

496.2

 

548.6

 

402.3

 

439.4

Operating expenses 

 

–453.5

 

–581.9

 

–568.2

 

–428.0

 

–380.8

Earnings before interest, tax, depreciation and amortisation (EBITDA) 

 

583.6

 

571.0

 

641.8

 

196.0

 

299.2

EBITDA margin (in %) 

 

56.3

 

49.5

 

53.0

 

31.4

 

44.0

Earnings before interest and tax (EBIT) 

 

339.9

 

326.5

 

403.1

 

–56.6

 

19.1

EBIT margin (in %) 

 

32.8

 

28.3

 

33.3

 

–9.1

 

2.8

Consolidated result

 

285.5

 

237.8

 

309.1

 

–69.1

 

–10.1

 

 

 

 

 

 

 

 

 

 

 

Cash flow from operating activities

 

529.7

 

538.4

 

511.7

 

147.3

 

231.7

Cash flow from investing activities

 

–542.3

 

–273.4

 

–628.3

 

–565.1

 

–86.6

 

 

 

 

 

 

 

 

 

 

 

Invested capital as at reporting date 1)

 

3,470.7

 

3,516.8

 

3,779.7

 

4,288.2

 

4,302.0

Average invested capital 1)

 

3,343.2

 

3,493.8

 

3,635.3

 

4,034.0

 

4,295.1

Return on average invested capital (ROIC in %)

 

8.1

 

7.4

 

8.8

 

–1.1

 

0.4

Equity as at reporting date

 

2,401.1

 

2,414.9

 

2,469.1

 

2,336.8

 

2,411.3

Return on equity (in %) 

 

12.3

 

9.9

 

12.7

 

–2.9

 

–0.4

Equity ratio (in %) 

 

55.9

 

55.3

 

53.8

 

46.1

 

48.6

 

 

 

 

 

 

 

 

 

 

 

Interest-bearing liabilities (net) 2)

 

515.2

 

579.8

 

1,158.4

 

1,403.4

 

1,387.8

Interest-bearing liabilities (net)/EBITDA 2)

 

0.90x

 

0.93x

 

1.83x

 

7.22x

 

4.64

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.

Key sustainability data1

 

 

2017

 

2018

 

2019

 

2020

 

2021

Zurich Airport

 

 

 

 

 

 

 

 

 

 

CO 2 emissions Scope 1+2 (tonnes) 2)

 

29,582

 

26,799

 

27,850

 

27,496

 

32,651

Total energy consumption (MWh)

 

512,347

 

498,026

 

497,595

 

411,709

 

457,774

Total waste acc. to ADV (tonnes)

 

18,153

 

20,960

 

18,439

 

8,623

 

8,506

No. of employees (excl. apprentices/interns/trainees)

 

1,642

 

1,664

 

1,706

 

1,652

 

1,534

 

 

 

 

 

 

 

 

 

 

 

Florianópolis Airport, Brazil 3)

 

 

 

 

 

 

 

 

 

 

CO 2 emissions Scope 1+2 (tonnes) 2)

 

n/a

 

n/a

 

n/a

 

n/a

 

1,216

Total energy consumption (MWh)

 

n/a

 

n/a

 

n/a

 

9,420

 

7,464

Total waste amount (tonnes)

 

n/a

 

n/a

 

433

 

383

 

412

No. of employees (excl. apprentices/interns/trainees)

 

n/a

 

157

 

167

 

116

 

131

 

 

 

 

 

 

 

 

 

 

 

Vitória/Macaé Airports, Brazil 4)

 

 

 

 

 

 

 

 

 

 

CO 2 emissions Scope 1+2 (tonnes) 2)

 

n/a

 

n/a

 

n/a

 

n/a

 

1,453

Total energy consumption (MWh)

 

n/a

 

n/a

 

n/a

 

10,820

 

9,492

Total waste amount (tonnes)

 

n/a

 

n/a

 

n/a

 

349

 

172

No. of employees (excl. apprentices/interns/trainees)

 

n/a

 

n/a

 

107

 

90

 

69

 

 

 

 

 

 

 

 

 

 

 

Antofagasta Airport, Chile

 

 

 

 

 

 

 

 

 

 

CO 2 emissions Scope 1+2 (tonnes) 2)

 

n/a

 

n/a

 

n/a

 

322

 

315

Total energy consumption (MWh)

 

n/a

 

n/a

 

n/a

 

823

 

786

Total waste amount (tonnes)

 

n/a

 

n/a

 

n/a

 

328

 

180

No. of employees (excl. apprentices/interns/trainees)

 

n/a

 

45

 

45

 

35

 

43

 

 

 

 

 

 

 

 

 

 

 

Iquique Airport, Chile

 

 

 

 

 

 

 

 

 

 

CO 2 emissions Scope 1+2 (tonnes) 2)

 

n/a

 

n/a

 

n/a

 

333

 

349

Total energy consumption (MWh)

 

n/a

 

n/a

 

n/a

 

970

 

1,014

Total waste amount (tonnes)

 

n/a

 

n/a

 

n/a

 

55

 

79

No. of employees (excl. apprentices/interns/trainees)

 

n/a

 

58

 

61

 

49

 

53

 

 

 

 

 

 

 

 

 

 

 

Noida Airport, India 5)

 

 

 

 

 

 

 

 

 

 

CO 2 emissions Scope 1+2 (tonnes) 2)

 

n/a

 

n/a

 

n/a

 

n/a

 

n/a

Total energy consumption (MWh)

 

n/a

 

n/a

 

n/a

 

n/a

 

n/a

Total waste amount (tonnes)

 

n/a

 

n/a

 

n/a

 

n/a

 

n/a

No. of employees (excl. apprentices/interns/trainees)

 

n/a

 

n/a

 

n/a

 

14

 

51

1) Table excl. regional offices in Rio de Janeiro (Brazil) and Santiago de Chile (Chile)

2) In accordance with GHG Protocol: Flughafen Zürich AG’s own sources (vehicles, machinery, heating)

3) Operational takeover from state operator at beginning of 2018; completion of new terminal in October 2019

4) Operational takeover from state operator at beginning of 2020; Vitória and Macaé considered as one portfolio

5) Concession agreement for greenfield airport signed in October 2020

n/a = data not available or airport not yet taken over by state operator