Airports of Thailand Plc. for the Fiscal Year 2012 (October 2011 – September 20122012))
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Airports of Thailand Plc. For The fiscal Year 2012 (October 2011 – September 20122012)) 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 84% 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 30, 2011) . Listed on 11 March 2004 1. Ministry of Finance 70.00 % . Shares outstanding 1,428.57 Million 2. Nortrust Nominees Ltd. 4.84 % . Shareholders •Ministry Of Finance 70% 3. State Street Bank and Trust Company for 1.94 % •Free Float 30% Australia . Average Daily Market Cap (Oct 11 – Sep 12) 4. Thai NVDR Company 1.91 % •BHT 78,520.54 Million 5. Bualuang Long-Term Equity Fund (B -LTF) 1.48 % 6. Social Security Office Fiscal EPS (Baht)1 Dividend Dividend Dividend 1.30 % Year (The Company) per share payout Yield 7. Bualuang Long-Term Equity Fund 75/25 1.25 % (Baht) ratio (BLTF75) 20062 7.26 2.75 37.88% 4.74% 8. HSBC (Singapore) Nominees Pte. Ltd. 1.10 % 9. BNY Mellon Nominees Limited 0.78 % 2007 0.84 0.40 47.61% 0.64% 10. Nortrust Nominees Limited-NTO Sec 0.70 % Lending Thailand 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 (12 months) AOT Traffics Major LCCs Airline LCCs Traffics (Unit: Thousand) • Domestic (3 airlines) (Unit: Thousand) Thai Air Asia 480.34 Nok Air 441.44 One-Two-Go/Orient 152.80 385.77 132.73 346.54 211.75 Thai Airlines 193.05 108.12 170.12 • International (18 airlines) 86.96 102.66 149.86 92.10 Air As ia 72.28 57.16 268.59 Thai Air Asia 215.65 248.39 196.68 Tiger Airways 50.14 29.80 35.84 40.63 Jetstar Asia FY 2009 2010 2011 2012 Jetstar Airways FY 2009 2010 2011 2012 International Domestic CEBU Pacific Air International Domestic Indonesia Air Asia FY2011 FY2012 YoY% FY2011 FY2012 YoY% Condor Flugdienst BKK 288,540 326,970 13.32% BKK 52,757 79,405 50.51% Jeju Air DMK 47,508 37,141 (21.82%) DMK 31,222 19,124 (38.75%) Jin Air BKK+DMK 336,048 364,111 8.35% Firefly BKK+DMK 83,979 98,529 17.33% CNX 30,800 35,571 15.49% Tomsonfly CNX 14,387 17,195 19.52% HDY 13,678 14,573 6.54% IndiGO Airlines HDY 10,664 11,501 7.85% HKT 55,110 59,406 7.80% Eastar Jet HKT 20,515 21,612 5.35% CEI 5,804 6,674 14.99% T'Way Airlines CEI 3,182 3,963 24.54% Total 441,440 480,335 8.81% StScoot Total 132,727 152,800 15.12% Note: 1. Fiscal Year starting from October to September Spring Airlines 2. The percentage growth as shown is calculated from Mandala Airlines the full number of the air traffic statistics 5 Passenger Movement Statistics (12 months) AOT Traffics LCCs Traffics (Unit: Million) (Unit: Million) 71.52 66.30 20.34 57.42 17.65 27.20 50.08 24.19 13.99 21.59 13.46 19.47 10.22 11.84 9.20 42.11 44.32 6.72 30.61 35.83 5.81 6.88 3.50 4.79 FY 2009 2010 2011 2012 FY 2009 2010 2011 2012 International Domestic International Domestic FY2011 FY2012 YoY% FY2011 FY2012 YoY% BKK 47,800,585 52,368,712 9.56% BKK 7,352,443 10,600,736 44.18% DMK 3,972,876 2,717,413 (31.60%) DMK 3,871,991 2,524,833 (34.79%) BKK+DMK 51,773,461 55,086,125 6.40% BKK+DMK 11,224,434 13,125,569 16.94% CNX 3,680,390 4,334,608 17.78% CNX 1,735,147 2,135,444 23.07% HDY 1,834,568 2,013,243 9.74% HDY 1,437,954 1,560,209 8.50% HKT 8,206,405 9,161,005 11.63% HKT 2,832,809 3,006,279 6.12% CEI 805,842 926,323 14.95% CEI 416,643 515,182 23.65% Total 66,300,666 71,521,304 7.87% Total 17,646,987 20,342,683 15.28% 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 3. DMK has been closed from Oct 25th, 2011 to March 6th, 2012 6 Monthly Air Traffic Movements: FY 2008 - 2012 Aircraft Movements (Unit: Thousand) 45 40 Passenger Movements 35 30 25 20 (Unit: Million) Oct 7 Nov 6 Dec Jan 5 Feb Mar 4 Apr 3 May Jun FY Oct 2008 Jul FY 2009 Nov Aug FY 2010 Dec Sep FY 2011 Jan FY 2012 Feb Mar Apr May FY 2008 Jun FY 2009 Jul FY 2010 Aug FY 2011 Sep FY 2012 7 Airport Revenues (FY 2012) 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 60.48% THB 500 to THB 700 - International PSC (For FY 2012) 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. 39.52% Concession Varies by activities such as Duty Free, Souvenirs, (For FY 2012) Food & Beverage, Airline Catering, Fueling Services, Car Parking, Advertising, Banking, etc. 8 Revenue Breakdown (FY 2012) Total Revenue By proportion (Unit: Million) FY 2011 FY 2012 15.26% 15.61% 22.49% 23.24% 30,472.11 28,640.69 24,032.61 11.56% 11.06% 21,502.39 6.00% 43.07% 5.23% 43.26% 1.62% 1.60% By Growth (Unit: Million Baht) FY2009 FY2010 FY2011 FY2012 YoY% FY 2009 2010 2011 2012 LPC 3,114.98 3,407.11 4,370.34 4,755.88 8.82% PSC 8,676.54 10,180.50 12,334.06 13,183.06 6.88% Lan ding & Par king c harges (LPC) ASC 411.06 418.34 465.00 489.27 5.22% Passenger service charges (PSC) OPR 1,698.23 1,615.82 1,718.26 1,593.08 (7.29%) A/C Service charges (ASC) Office and state property rents (OPR) SVR 2,901.28 3,127.57 3,311.25 3,370.04 1.78% Service revenues (SVR) CCR 4,700.31 5,283.27 6,441.77 7,080.78 9.92% Concession revenues (CCR) Total 21,502.39 24,032.61 28,640.69 30,472.11 6.39% 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.