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Financial Calendar Three-year overview of Fraport Group’s May 28, 2002: 1st Quarter Interim Report consolidated key performance data June 26, 2002: Annual General Meeting June 27, 2002: Dividend Payment Traffic figures Frankfurt Airport August 22, 2002: 1st Half Interim Report, 1999 2000 2001 2000/2001 Annual Report 2001 1 Press Conference, change in % Analysts Conference Passengers (millions) 45.9 49.4 48.6 – 1.6 Continuing Development and Growth Airfreight (thousand tonnes) 1,428.1 1,589.4 1,494.1 – 6.0 November 28, 2002: 3rd Quarter Interim Report Airmail (thousand tonnes) 138.9 141.0 141.1 0.1 Aircraft movements (thousands)2 439.1 458.7 456.5 – 0.5 MTOWs (thousand tonnes) 23,764.5 25,370.4 25,564.5 0.8 Seat load factor (in %) 68.4 69.8 68.2 1 Rate of change based on unrounded numbers. 2 Excluding military flights. Investor Relations Tel.: +49 (0) 69-690-74842 Fax: +49 (0) 69-690-74843 Revenues and profit Fraport Group E-Mail: [email protected] in € millions 1999 2000 2001 2000/2001 change in % www.fraport.de Revenues 1,374.9 1,536.2 1,580.6 2.9 Total revenues 1,415.2 1,620.8 1,713.8 5.7 EBITDA 440.3 533.5 507.2 – 4.9 EBIT 260.8 329.9 235.2 – 28.7 Profit from ordinary Imprint operations 198.8 265.9 170.2 – 36.0 Profit for the year 79.7 129.0 101.1 – 21.6 Publisher: Fraport AG Frankfurt Airport Services Worldwide Press and Publications (VSP) Key profitability data Fraport Group 60547 Frankfurt am Main, Germany in % 1999 2000 2001 Text and design: Return on revenues 13.7 16.6 10.3 Charles Barker GmbH, EBITDA margin 32.0 34.7 32.1 Frankfurt am Main, Germany EBIT margin 19.0 21.5 14.9 English version: ROCE return on capital 12.6 14.8 8.2 Stephen Klain Equity ratio 31.4 31.0 52.5 Photography: Bernd Vogel, Köln Employees Fraport Group Mattias Heitmann, Hamburg Fraport AG (VSP) 1999 2000 2001 2000/2001 Production: change in % Fraport AG (VSP) Average number of employees 13,336 14,271 15,526 8.8 Typesetting and lithography: Layout Service Darmstadt GmbH MDDigitale Produktion, Maintal, Germany Printing: gzm Grafisches Zentrum Bödige und Partner GmbH, Mainz-Hechtsheim, Germany Printed in Germany Organizational structure Financial Calendar Three-year overview of Fraport Group’s May 28, 2002: 1st Quarter Interim Report consolidated key performance data June 26, 2002: Annual General Meeting June 27, 2002: Dividend Payment Traffic figures Frankfurt Airport August 22, 2002: 1st Half Interim Report, 1999 2000 2001 2000/2001 Annual Report 2001 1 Press Conference, change in % Analysts Conference Passengers (millions) 45.9 49.4 48.6 – 1.6 Continuing Development and Growth Airfreight (thousand tonnes) 1,428.1 1,589.4 1,494.1 – 6.0 November 28, 2002: 3rd Quarter Interim Report Airmail (thousand tonnes) 138.9 141.0 141.1 0.1 Aircraft movements (thousands)2 439.1 458.7 456.5 – 0.5 MTOWs (thousand tonnes) 23,764.5 25,370.4 25,564.5 0.8 Seat load factor (in %) 68.4 69.8 68.2 1 Rate of change based on unrounded numbers. 2 Excluding military flights. Investor Relations Tel.: +49 (0) 69-690-74842 Fax: +49 (0) 69-690-74843 Revenues and profit Fraport Group E-Mail: [email protected] in € millions 1999 2000 2001 2000/2001 change in % www.fraport.de Revenues 1,374.9 1,536.2 1,580.6 2.9 Total revenues 1,415.2 1,620.8 1,713.8 5.7 EBITDA 440.3 533.5 507.2 – 4.9 EBIT 260.8 329.9 235.2 – 28.7 Profit from ordinary Imprint operations 198.8 265.9 170.2 – 36.0 Profit for the year 79.7 129.0 101.1 – 21.6 Publisher: Fraport AG Frankfurt Airport Services Worldwide Press and Publications (VSP) Key profitability data Fraport Group 60547 Frankfurt am Main, Germany in % 1999 2000 2001 Text and design: Return on revenues 13.7 16.6 10.3 Charles Barker GmbH, EBITDA margin 32.0 34.7 32.1 Frankfurt am Main, Germany EBIT margin 19.0 21.5 14.9 English version: ROCE return on capital 12.6 14.8 8.2 Stephen Klain Equity ratio 31.4 31.0 52.5 Photography: Bernd Vogel, Köln Employees Fraport Group Mattias Heitmann, Hamburg Fraport AG (VSP) 1999 2000 2001 2000/2001 Production: change in % Fraport AG (VSP) Average number of employees 13,336 14,271 15,526 8.8 Typesetting and lithography: Layout Service Darmstadt GmbH MDDigitale Produktion, Maintal, Germany Printing: gzm Grafisches Zentrum Bödige und Partner GmbH, Mainz-Hechtsheim, Germany Printed in Germany Organizational structure Fraport AG Contents Frankfurt Airport Services Worldwide Executive Board (EB) 1 Profile VS VI VF VA VE 2 Letter from the Executive Board Chairman of the EB Member EB Member EB Member EB Member Executive Board Real Estate Finance Labor Relations Airport Development 5 Calendar of Events 2001 6Share VorstandsstäbeStaff functions reporting directly to the Executive Board 8 Group Strategy VSB Special Projects VIF Freight Logistics VAD Data Protection VEK Airport Expansion VSE External Relations Public Relations 10 Further Development VSI Investor Relations VIR Legal Affairs VAF Promotion of Equal of Core Expertise in Frankfurt VSP Press and Opportunities for 15 Growth in Frankfurt Publications Women and 22 External Growth VSQ Corporate Quality Families Management 25 Highly Qualified and Motivated Employees VSR Internal Auditing VAV Office for Reporting 27 Fraport Group and the Environment and Business Confidential Analysis Information 30 Group Management Report Strategic Business Divisions (SGB) 30 Market Environment and Development of Air Traffic 35 Business Strategy IFM IUK BV BVD BV VTM 37 Business Development Real Estate and Information Tech- Executive Vice Executive Vice 47 Risk Management President Traffic Facility Manage- nology and Tele- President Aviation 52 Significant Events after the Ground Services and Retail ment communications Balance Sheet Date and Logistics 53 Outlook Support Divisions (UB) 54 Consolidated Financial Statements of Fraport AG AUB CFR PSL APF 54 Consolidated Income Statement Global Investments Controlling, Human Resources Airport Expansion 55 Consolidated Balance Sheet and Management Finance, Program 56 Consolidated Cash Flow Statement Accounting 57 Development of the Consolidated Shareholders’ Equity 58 Consolidated Fixed-asset Movement Schedule USG ZEB 60 Segment Reporting Corporate Develop- Central Purchasing/ 61 Notes to the Consolidated ment, Organization- Construction Financial Statements al Structure, Boards Contracts 90 Executive Bodies of the Company and Committees 94 Auditor’s Report MAR 95 Report of the Supervisory Board Marketing 96 Economic Advisory Group 97 Glossary As of March 31, 2002 C3 Financial Calendar Fraport AG Contents Frankfurt Airport Services Worldwide Executive Board (EB) 1 Profile VS VI VF VA VE 2 Letter from the Executive Board Chairman of the EB Member EB Member EB Member EB Member Executive Board Real Estate Finance Labor Relations Airport Development 5 Calendar of Events 2001 6Share VorstandsstäbeStaff functions reporting directly to the Executive Board 8 Group Strategy VSB Special Projects VIF Freight Logistics VAD Data Protection VEK Airport Expansion VSE External Relations Public Relations 10 Further Development VSI Investor Relations VIR Legal Affairs VAF Promotion of Equal of Core Expertise in Frankfurt VSP Press and Opportunities for 15 Growth in Frankfurt Publications Women and 22 External Growth VSQ Corporate Quality Families Management 25 Highly Qualified and Motivated Employees VSR Internal Auditing VAV Office for Reporting 27 Fraport Group and the Environment and Business Confidential Analysis Information 30 Group Management Report Strategic Business Divisions (SGB) 30 Market Environment and Development of Air Traffic 35 Business Strategy IFM IUK BV BVD BV VTM 37 Business Development Real Estate and Information Tech- Executive Vice Executive Vice 47 Risk Management President Traffic Facility Manage- nology and Tele- President Aviation 52 Significant Events after the Ground Services and Retail ment communications Balance Sheet Date and Logistics 53 Outlook Support Divisions (UB) 54 Consolidated Financial Statements of Fraport AG AUB CFR PSL APF 54 Consolidated Income Statement Global Investments Controlling, Human Resources Airport Expansion 55 Consolidated Balance Sheet and Management Finance, Program 56 Consolidated Cash Flow Statement Accounting 57 Development of the Consolidated Shareholders’ Equity 58 Consolidated Fixed-asset Movement Schedule USG ZEB 60 Segment Reporting Corporate Develop- Central Purchasing/ 61 Notes to the Consolidated ment, Organization- Construction Financial Statements al Structure, Boards Contracts 90 Executive Bodies of the Company and Committees 94 Auditor’s Report MAR 95 Report of the Supervisory Board Marketing 96 Economic Advisory Group 97 Glossary As of March 31, 2002 C3 Financial Calendar Profile 1 Strong performance. Profile. Growth power. Our Company’s strength results from decades of knowledge and experience as the operator of one of Europe’s leading air transport hubs. Our successful initial public offering (IPO) opened the door to greater entrepreneurial independence. We continue to develop our Frankfurt home base further and the capabilities that we acquire here – with a clear emphasis on innovation, commitment, and value orientation. This serves to highlight our profile wherever we seek out new opportunities. We have set the goal of strengthening and expanding our position as one of the three most competitive and profitable airport groups in the world. With this strategic orientation, we are also laying the groundwork for securing our growth and income in the future. We are on the right path with our strategy. 2 Letter from the Executive Board Dear Friends of Fraport, The year 2001 brought Fraport not only substantial We were also pleased that Fraport’s shares were progress but unexpected turbulence as well. included in the German mid-cap index, MDAX, as early as September 24 – an important step for a The beginning of the year was marked by the intro- newly listed share.