9 Financial liabilities
|
|
|
|
|
|
|
(CHF million) |
|
30.06.2024 |
|
31.12.2023 |
|
Non-current debentures |
|
914.6 |
|
914.6 |
|
Non-current liabilities to banks |
|
291.5 |
|
177.9 |
|
Non-current lease liabilities |
|
151.4 |
|
146.1 |
|
Non-current liabilities from concession agreements |
|
5.2 |
|
5.0 |
|
Other non-current financial liabilities |
|
22.7 |
|
20.4 |
|
Non-current financial liabilities |
|
1,385.4 |
|
1,264.0 |
|
|
|
|
|
|
|
Current debentures |
|
0.0 |
|
299.9 |
|
Current liabilities to banks |
|
77.5 |
|
18.6 |
|
Current lease liabilities |
|
9.0 |
|
9.0 |
|
Current liabilities from concession agreements |
|
0.6 |
|
0.7 |
|
Other current financial liabilities |
|
1.5 |
|
1.3 |
|
Current financial liabilities |
|
88.6 |
|
329.5 |
|
|
|
|
|
|
|
Total financial liabilities |
|
1,474.0 |
|
1,593.5 |
The CHF 300.0 million debenture reaching maturity was fully repaid in May of the reporting period.
The rise in non-current liabilities to banks to CHF 291.5 million (31 December 2023: CHF 177.9 million) is attributable to additional liabilities held by the foreign airport operators as a result of their expansion activities as well as the commencement of operations at the airport in Natal (Brazil).
The current liabilities to banks as at 30 June 2024 increased primarily due to a temporary drawdown on the credit facilities (fixed advance of CHF 60.0 million). The fixed advance was repaid in full at the end of July 2024.
The maturities and terms of the debentures outstanding at the reporting date were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
30.06.2024 |
|
30.06.2024 |
|
|
|
|
|
|
|
|
|
Debentures |
|
Nominal value |
|
Carrying amount |
|
Duration |
|
Interest rate |
|
Early amortisation |
|
Interest payment date |
|
|
|
(CHF million) |
|
(CHF million) |
|
|
|
|
|
|
|
|
|
Debenture (2027) |
|
200.0 |
|
199.8 |
|
2020 – 2027 |
|
0.100% |
|
no |
|
30.12. |
|
Debenture (2029) |
|
350.0 |
|
350.3 |
|
2017 – 2029 |
|
0.625% |
|
no |
|
24.5. |
|
Debenture (2035) |
|
365.0 |
|
364.5 |
|
2020 – 2035 |
|
0.200% |
|
no |
|
26.2. |
|
Total debentures |
|
915.0 |
|
914.6 |
|
|
|
|
|
|
|
|
As at the reporting date, Zurich Airport Ltd. had the following credit facilities at its disposal:
|
|
|
|
|
|
|
|
|
(CHF million) |
|
Duration |
|
30.06.2024 |
|
31.12.2023 |
|
Operating credit facilities (committed credit lines) |
|
31.12.2025 |
|
300.0 |
|
300.0 |
|
Total credit facilities |
|
|
|
300.0 |
|
300.0 |
|
Utilisation: fixed advance |
|
|
|
–60.0 |
|
0.0 |
|
Utilisation: bank guarantees |
|
|
|
–10.9 |
|
–10.2 |
|
Total unused credit facilities |
|
|
|
229.1 |
|
289.8 |
