2 Revenue
(CHF million) |
|
2021 |
|
2020 |
Passenger charges |
|
77.9 |
|
68.7 |
Security charges |
|
53.5 |
|
47.2 |
PRM charges |
|
4.6 |
|
4.1 |
Passenger-related flight operations charges |
|
136.0 |
|
120.0 |
Landing charges |
|
35.2 |
|
32.7 |
Aircraft-related noise charges |
|
6.5 |
|
5.5 |
Emission charges |
|
1.8 |
|
1.6 |
Parking charges |
|
18.9 |
|
24.4 |
Freight revenue |
|
6.8 |
|
6.3 |
Other flight operations charges |
|
69.2 |
|
70.5 |
Total flight operations charges |
|
205.2 |
|
190.5 |
Baggage sorting and handling system |
|
18.9 |
|
14.7 |
De-icing |
|
5.1 |
|
5.0 |
Check-in |
|
2.3 |
|
2.3 |
Aircraft energy supply system |
|
2.8 |
|
2.1 |
Other fees |
|
3.2 |
|
4.2 |
Total aviation fees |
|
32.3 |
|
28.3 |
Refund of security costs |
|
0.8 |
|
0.4 |
Other revenue |
|
2.3 |
|
2.5 |
Total other aviation revenue |
|
3.1 |
|
3.0 |
Total aviation revenue |
|
240.6 |
|
221.7 |
Retail, tax & duty-free |
|
107.4 |
|
89.7 |
Food & beverage operations |
|
13.3 |
|
14.6 |
Advertising media and promotion |
|
16.2 |
|
13.1 |
Revenue from multi-storey car parks |
|
51.4 |
|
40.8 |
Other commercial revenue (car rentals, taxis, banks, etc.) |
|
10.9 |
|
11.6 |
Total commercial revenue |
|
199.2 |
|
169.8 |
Revenue from rental and leasing agreements |
|
123.6 |
|
113.5 |
Energy and utility cost allocation |
|
23.5 |
|
20.5 |
Cleaning |
|
2.3 |
|
2.3 |
Revenue from services |
|
3.6 |
|
4.5 |
Total revenue from facility management |
|
153.0 |
|
140.9 |
Communication services |
|
14.1 |
|
14.5 |
Other services and miscellaneous |
|
13.5 |
|
9.9 |
Catering |
|
0.6 |
|
0.5 |
Fuel charges |
|
3.6 |
|
3.2 |
Total revenue from services |
|
31.8 |
|
28.2 |
Revenue from consulting activities |
|
5.4 |
|
4.8 |
Other revenue from international business |
|
39.3 |
|
31.2 |
Revenue from construction projects as part of concession agreements |
|
10.7 |
|
27.4 |
Total revenue from international business |
|
55.4 |
|
63.4 |
Total non-aviation revenue |
|
439.4 |
|
402.3 |
Total revenue |
|
680.0 |
|
624.0 |
Commercial partners have seen sales revenues fall significantly as a result of the coronavirus crisis, especially in retail, tax & duty free and food & beverage operations. The legal assessment is that the minimum annual rent agreed is not payable by lessees affected by the closures ordered by the authorities. Accordingly, the Zurich Airport Group adopted the same procedure as in the previous year and did not recognise the minimum rental income amounting to CHF 4.7 million for the period of the closures ordered by the authorities in financial year 2021 (2020: CHF 18.9 million).
In addition, further rent concessions for the period after the closures ordered by the authorities were discussed with the commercial partners concerned in the reporting period and solutions agreed. The rent concessions (rent waivers and contractual amendments such as staggered rents or lease term extensions) of CHF 40.9 million granted in this context for financial year 2021 (2020: CHF 32.6 million) were recognised as assets in accordance with IFRS 16 and will be amortised on a straight-line basis over the term of the relevant contracts. For the financial year, the amortisation amounted to a total of CHF 11.6 million (2020: CHF 6.3 million).
Presentation of revenue from contracts with customers (IFRS 15):
(CHF million) |
|
2021 |
|
2020 |
Flight operations charges |
|
205.2 |
|
190.5 |
Aviation charges |
|
32.3 |
|
28.3 |
Other aviation revenue |
|
2.9 |
|
2.7 |
Total aviation revenue from contracts with customers (IFRS 15) |
|
240.4 |
|
221.5 |
Aviation revenue (non IFRS 15) |
|
0.2 |
|
0.2 |
Total aviation revenue |
|
240.6 |
|
221.7 |
Commercial and parking revenue |
|
49.5 |
|
38.8 |
Revenue from facility management |
|
28.7 |
|
27.0 |
Revenue from services |
|
30.8 |
|
27.2 |
Revenue from international business |
|
55.4 |
|
63.4 |
Total non-aviation revenue from contracts with customers (IFRS 15) |
|
164.4 |
|
156.4 |
Non-aviation revenue (non IFRS 15) |
|
275.0 |
|
245.9 |
Total non-aviation revenue |
|
439.4 |
|
402.3 |
Total revenue |
|
680.0 |
|
624.0 |