Airports of Thailand Plc. for the Fiscal Year 2013 (October 2012 – September 2013)
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Airports of Thailand Plc. For The fiscal Year 2013 (October 2012 – September 2013) Investor Relations Center, E-mail: [email protected], Tel: (662) 535-5900, Fax (662) 535-5909 Disclaimer This presentation is intended to assist investors to better understanding the company’ s business and financial status. This presentation may contain forward looking statements relate to analysis and other information which are based on forecast of future results and estimates of amounts not yet determinable. These statements reflect our current views with respect to future events which relate to our future prospects, developments and business strategies and are not guarantee of future performance. Such forward looking statements involve know and unknown risks and uncertainties. The Actual result may differ materially from information contained in these statements. 2 Airports in Thailand MAE FAH LUANG-CHIANG RAI Total of 38 airports INTERNATIONAL AIRPORT CHIANG MAI INTERNATIONAL Airports of Thailand Public Company Limited 1 AIRPORT . 2 in Bangkok and perimeter Pai Mae Hong Son o Suvarnabhumi Airport (BKK) Nan Lampang o Don Muang International Airport (DMK) Phrae Udon Thani . 4 international airports at regional sites Sukhothai Nakhon Phanom Tak Loei Mae Sot Sakon Nakhorn o Chiang Mai International Airport (CNX) Phitsanulok Khon Kaen o Phetchabun Phuket International Airport (HKT) Roi Et DON MUANG o Hat Yai International Airport (HDY) INTERNATIONAL Surin 2 AIRPORT Buri Ram Ubon Ratchathani o Mae Fah Luang-Chiang Rai International Airport (CEI) Nakhon Ratchasima SUVARNABHUMI AIRPORT Department of Civil Aviation (DCA) AOT Airports U-Tapao Hua Hin o 28 regional airports DCA Airports Trad Bangkok Airways Airports RlThiNRoyal Thai Navy Chumpon Royal Thai Navy Airport o U-Tapao Pattaya International Airport Ranong Surattani Samui Bangkok Airways Company HAT YAI Nakhon Si Thammarat INTERNATIONAL o Sukhothai Airport AIRPORT Krabi o Samui Airport PHUKET INTERNATIONAL Trang Pattani o Trad Airport AIRPORT Narathiwat Note: 1. AOT’s traffics account for 83% of Thailand’s air traffics. 2.Changing from Chiang Rai International Airport to Mae Fah Luang–Chiang Rai International Airport since March 13, 2010. 3 Business Overview Fact Sheet Shareholders Information (As of December 24, 2012) . Listed on 11 March 2004 1. Ministry of Finance 70.00 % . Shares outstanding 1,428.57 Million . Shareholders 2. Thai NVDR Comppyany Limited 4.48 % •Ministry Of Finance 70% 3. HSBC (Singapore) Nominees Pte. Ltd. 2.49 % •Free Float 30% 4. Social Security Office (2 Cases) 1.30 % . Average Daily Market Cap (Oct 12 – Sep 13) •BHT 187,433.03 Million 5. State Street Bank Europe Limited 1.07 % 6. Mr. Pongsak Thammathataree 0.96 % Fiscal EPS (Baht)1 Dividend Dividend Dividend 7. BNY Mellon Nominees Limited Year (The Company) per share payout Yield 0.82% (Baht) ratio 8. Bualuang Long-Term Equity Fund (B-LTF) 0.76 % 20062 7.26 2.75 37.88% 4.74% 9. Bualuang Long-Term Equity Fund 75/25 0.62 % (BLTF75) 2007 0.84 0.40 47.61% 0.64% 10. Norbax Inc.,13 0.58 % 2008 5.15 2.58 50.09% 8.32% Dividend Policy 2009 0.60 0.42 70.00% 0.99% Not less than 25% of net profit of the company for 2010 1.05 0.55 52.38% 1.33% each year after deduction of all specified reserves, subject to our investment plans and other 2011 1.82 0.80 43.96% 2.03% considerations that our Board of Directors deems appropriate 2012 4.54 1.80 39.65% 2.26% Note: 1. EPS using for calculating the dividend is from the company financial statements. 2. In FY2006 AOT paid dividend twice : On 12 Oct 2006 (Baht 0.95 per share) and on 23 Feb 2007(Baht 1.80 per share) 4 Aircraft Movement Statistics (FY2013) AOT Traffics Major LCCs Airline LCCs Traffics • Domestic (3 airlines) (Unit: Thousand) (Unit: Thousand) Thai Air Asia 184.99 559.42 Nok Air 480.34 One-Two-Go/Orient 152.80 441.44 Thai Airlines 132.73 385.77 242.90 118.09 211.75 • International (22 airlines) 108.12 193.05 Air Asia 170.12 102.66 Thai Air Asia 92.10 72.28 Tiger Airways 316.52 268.59 Jetstar Asia 215.65 248.39 66.90 50.14 Jetstar Airways 35.84 40.63 CEBU Pacific Air FY FY 2010 2011 2012 2013 Indonesia Air Asia 2010 2011 2012 2013 International Domestic Condor Flugdienst International Domestic Jeju Air FY2012 FY2013 YoY% FY2012 FY2013 YoY% Jin Air BKK 326,970 288,004 -11.92% Fire fly BKK 79,405 20,135 -74.64% Tomsonfly DMK 37,141 135,988 266.14% DMK 19,124 105,618 452.28% IndiGO Airlines BKK+DMK 364,111 423,992 16.45% BKK+DMK 98,529 125,753 27.63% Eastar Jet CNX 35,571 41,295 16.09% TWayT'Way AirlinAirlineses CNX 17,195 16,886 -1.80% HDY 14,573 17,056 17.04% Scoot HDY 11,501 13,674 18.89% Spring Airlines HKT 59,406 70,198 18.17% HKT 21,612 24,535 13.52% Mandala Airlines CEI 6,674 6,882 3.12% Golden Myanmar Airlines CEI 3,963 4,139 4.44% Total 480,335 559,423 16.47% Juneyao Airlines Total 152,800 184,987 21.06% Note: 1. Fiscal Year starting from October to September VietJetAir 2. The percentage growth as shown is calculated from Norwegian Air Shuttle the full number of the air traffic statistics 5 Passenger Movement Statistics (FY2013) AOT Traffics LCCs Traffics (Unit: Million) (Unit: Million) 86.13 26.61 71.52 20.34 66.30 31.87 57.42 17.65 27.20 16.90 24.19 13.99 21.59 13.46 11.84 9.20 54.26 42.11 44.32 35.83 9.71 6.88 4.79 5.81 FY FY 2010 2011 2012 2013 2010 2011 2012 2013 International Domestic International Domestic FY2012 FY2013 YoY% FY2012 FY2013 YoY% BKK 52,368,712 50,900,697 -2.80% BKK 10,600,736 3,200,926 -69.80% DMK 2,717,413 15,562,753 472.70% DMK 2,524,833 14,769,681 484.98% BKK+DMK 55,086,125 66,463,450 20.65% BKK+DMK 13,125,569 17,970,607 36.91% CNX 4,334,608 5,172,742 19.34% CNX 2,135,444 2,430,455 13.81% HDY 2,013,243 2,465,370 22.46% HDY 1,560,209 2,018,429 29.37% HKT 9,161,005 10,979,537 19.85% HKT 3,006,279 3,550,932 18.12% CEI 926,323 1,053,863 13.77% CEI 515,182 635,140 23.28% Total 71,521,304 86,134,962 20.43% Total 20,342,683 26,605,563 30.79% Note: 1. Fiscal Year starting from October to September 2. The percentage growth as shown is calculated from the full number of the air traffic statistics 6 Monthly Air Traffic Movements: FY 2009 - 2013 Aircraft Movements (Unit: Thousand) 55 Thousand) 50 45 Passenger Movements 40 35 30 25 (Unit: Million) 9 Oct Nov 8 Dec 7 Jan 6 Feb 5 Mar 4 Apr 3 May Jun FY Oct 2009 Jul FY 2010 Nov Aug FY 2011 Dec Sep FY 2012 Jan FY 2013 Feb Mar Apr May FY 2009 Jun FY 2010 Jul FY 2011 Aug FY 2012 Sep FY 2013 7 Airport Revenues (FY 2013) Landing & Parking Charges 20% increased on Jan 1st, 2005 15% increased on Apr 1st, 2007 Aeronautical Passenger Service Charges (PSC) Effective on Feb 1st, 2007 59.71% THB 500 to THB 700 - International PSC (For FY 2013) THB 50 to THB 100 - Domestic PSC Aircraft Service Charges Fees paid by airlines for use of boarding bridges, varies by maximum take off weight of the aircraft and length of time at a gate Office & State Property Rental Rental tenants include airline, government agencies and concession tenants. Rents are determined based on the tenants’ business use at each of our airports. Service Varies by activities such as Utilities, Check-in Counter Non-Aeronautical Services, Airline Announcement Services, Hydrant System Services, etc. 40.29% Concession Varies by activities such as Duty Free, Souvenirs, (For FY 2013) Food & Beverage, Airline Catering, Fueling Services, Car Parking, Advertising, Banking, etc. 8 Revenues Breakdown (FY 2013) Total Revenue By proportion (Unit: Million) FY2012 FY2013 12.93% 36,810.41 15.64% 23.29% 25.26% 30,405.28 28,640.69 24,032.61 10.86% 21,502.39 10.26% 45.33% 5.24% 43.36% 4.77% 1.61% 1.45% By Growth (Unit: Million Baht) FY 2009 2010 2011 2012 2013 FY2009 FY2010 FY2011 FY2012 FY2013 YoY LPC 3,114.98 3,407.11 4,370.34 4,755.88 4,760.80 0.10% PSC 8,676.54 10,180.50 12,334.06 13,183.06 16,684.47 26.56% Lan ding & Par king c harges (LPC) ASC 411.06 418.34 465.00 489.27 534.31 9.21% Passenger service charges (PSC) OPR 1,698.23 1,615.82 1,718.26 1,593.08 1,756.52 10.26% A/C Service charges (ASC) SVR 2,901.28 3,127.57 3,311.25 3,303.21 3,775.01 14.28% Office and state property rents (OPR) Service revenues (SVR) CCR 4,700.31 5,283.27 6,441.77 7,080.78 9,299.29 31.33% Concession revenues (CCR) Total 21,502.39 24,032.61 28,640.69 30,405.28 36,810.41 21.07% Note: Fiscal Year starting from October to September 9 Airport Operating Expenses Employee Benefit Expenses Consisting of : - employee salaries and bonuses, employee benefits, retirement payments and contributions to employee provident fund - the remuneration of AOT’s board of directors and executives as stated in the notice of Capital Market Supervisory Board Operating Expenses Consisting of electricity charges, costs related to outsourced workers, property taxes, consultant fees, telephone, advertising and public relations costs, water, insurance premium costs and etc.