Multi-year comparison
Flughafen Zürich AG
Key financial data (consolidated)
|
(CHF million) |
|
2018 |
|
2019 |
|
2020 |
|
2021 |
|
2022 |
|
Total revenue |
|
1,152.9 |
|
1,210.1 |
|
624.0 |
|
680.0 |
|
1,023.5 |
|
of which aviation revenue |
|
656.7 |
|
661.5 |
|
221.7 |
|
240.6 |
|
491.1 |
|
of which non-aviation revenue |
|
496.2 |
|
548.6 |
|
402.3 |
|
439.4 |
|
532.4 |
|
Operating expenses |
|
–581.9 |
|
–568.2 |
|
–428.0 |
|
–380.8 |
|
–467.9 |
|
Earnings before interest, tax, depreciation and amortisation (EBITDA) |
|
571.0 |
|
641.8 |
|
196.0 |
|
299.2 |
|
555.6 |
|
EBITDA margin (in %) |
|
49.5 |
|
53.0 |
|
31.4 |
|
44.0 |
|
54.3 |
|
Earnings before interest and tax (EBIT) |
|
326.5 |
|
403.1 |
|
–56.6 |
|
19.1 |
|
260.2 |
|
EBIT margin (in %) |
|
28.3 |
|
33.3 |
|
–9.1 |
|
2.8 |
|
25.4 |
|
Consolidated result |
|
237.8 |
|
309.1 |
|
–69.1 |
|
–10.1 |
|
207.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash flow from operating activities |
|
538.4 |
|
511.7 |
|
147.3 |
|
231.7 |
|
488.6 |
|
Cash flow from investing activities |
|
–273.4 |
|
–628.3 |
|
–565.1 |
|
–86.6 |
|
–567.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Invested capital as at reporting date 1) |
|
3,516.8 |
|
3,779.7 |
|
4,288.2 |
|
4,302.0 |
|
4,622.2 |
|
Average invested capital 1) |
|
3,493.8 |
|
3,635.3 |
|
4,034.0 |
|
4,295.1 |
|
4,462.1 |
|
Return on average invested capital (ROIC in %) |
|
7.4 |
|
8.8 |
|
–1.1 |
|
0.4 |
|
4.7 |
|
Equity as at reporting date |
|
2,414.9 |
|
2,469.1 |
|
2,336.8 |
|
2,411.3 |
|
2,679.1 |
|
Return on equity (in %) |
|
9.9 |
|
12.7 |
|
–2.9 |
|
–0.4 |
|
8.1 |
|
Equity ratio (in %) |
|
55.3 |
|
53.8 |
|
46.1 |
|
48.6 |
|
51.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest-bearing liabilities (net), excl. noise 2) |
|
579.8 |
|
1,158.4 |
|
1,403.4 |
|
1,387.8 |
|
1,290.2 |
|
Interest-bearing liabilities (net)/EBITDA, excl. noise 2) |
|
0.93x |
|
1.83x |
|
7.22x |
|
4.64x |
|
2.32x |
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.
* For reasons of materiality, the “Noise” segment is not presented.
Key sustainability data1
|
|
|
2018 |
|
2019 |
|
2020 |
|
2021 |
|
2022 |
|
Zurich Airport, Switzerland |
|
|
|
|
|
|
|
|
|
|
|
CO 2 e emissions Scope 1+2 (tonnes) 2) |
|
26,799 |
|
27,850 |
|
27,496 |
|
32,390 7) |
|
29,067 |
|
Total energy consumption (MWh) |
|
153,267 |
|
155,921 |
|
136,088 |
|
173,014 |
|
169,506 |
|
Total waste acc. to ADV (tonnes) |
|
20,960 |
|
18,439 |
|
8,623 |
|
8,506 |
|
12,943 |
|
No. of employees (excl. apprentices/interns/trainees) |
|
1,664 |
|
1,706 |
|
1,652 |
|
1,534 |
|
1,553 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Florianópolis Airport, Brazil 3) |
|
|
|
|
|
|
|
|
|
|
|
CO 2 e emissions Scope 1+2 (tonnes) 2) |
|
n/a |
|
n/a |
|
n/a |
|
1,232 6) |
|
1,045 |
|
Total energy consumption (MWh) |
|
n/a |
|
n/a |
|
9,420 |
|
7,716 |
|
8,733 |
|
Total waste amount (tonnes) |
|
n/a |
|
433 |
|
383 |
|
412 |
|
469 |
|
No. of employees (excl. apprentices/interns/trainees) |
|
157 |
|
167 |
|
116 |
|
131 |
|
136 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Vitória/Macaé Airports, Brazil 4) |
|
|
|
|
|
|
|
|
|
|
|
CO 2 e emissions Scope 1+2 (tonnes) 2) |
|
n/a |
|
n/a |
|
n/a |
|
1,454 6) |
|
354 |
|
Total energy consumption (MWh) |
|
n/a |
|
n/a |
|
10,820 |
|
9,746 |
|
9,492 |
|
Total waste amount (tonnes) |
|
n/a |
|
n/a |
|
349 |
|
172 |
|
581 |
|
No. of employees (excl. apprentices/interns/trainees) |
|
n/a |
|
107 |
|
90 |
|
69 |
|
70 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Antofagasta Airport, Chile |
|
|
|
|
|
|
|
|
|
|
|
CO 2 e emissions Scope 1+2 (tonnes) 2) |
|
n/a |
|
n/a |
|
480 7) |
|
462 7) |
|
458 |
|
Total energy consumption (MWh) |
|
n/a |
|
n/a |
|
1,210 7) |
|
1,147 7) |
|
1,141 |
|
Total waste amount (tonnes) |
|
n/a |
|
n/a |
|
328 |
|
180 |
|
151 |
|
No. of employees (excl. apprentices/interns/trainees) |
|
45 |
|
45 |
|
35 |
|
43 |
|
50 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Iquique Airport, Chile |
|
|
|
|
|
|
|
|
|
|
|
CO 2 e emissions Scope 1+2 (tonnes) 2) |
|
n/a |
|
n/a |
|
425 7) |
|
449 7) |
|
598 |
|
Total energy consumption (MWh) |
|
n/a |
|
n/a |
|
1,195 7) |
|
1,256 7) |
|
1,554 |
|
Total waste amount (tonnes) |
|
n/a |
|
n/a |
|
55 |
|
79 |
|
92 |
|
No. of employees (excl. apprentices/interns/trainees) |
|
58 |
|
61 |
|
49 |
|
53 |
|
196 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Noida Airport, India 5) |
|
|
|
|
|
|
|
|
|
|
|
CO 2 e emissions Scope 1+2 (tonnes) 2) |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
73 |
|
Total energy consumption (MWh) |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
168 |
|
Total waste amount (tonnes) |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
2 |
|
No. of employees (excl. apprentices/interns/trainees) |
|
n/a |
|
n/a |
|
14 |
|
51 |
|
71 |
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) Takeover from state-run operator took place in early 2018; completion of new terminal in October 2019
4) Takeover from state-run operator took place in early 2020; Vitória and Macaé are treated as a portfolio
5) Concession agreement for greenfield airport signed in October 2020
6) Retroactive adjustment to the calculation method
7) Retroactive correction
n/a = data not available or airport not yet taken over from state-run operator
