PFC Quarterly Report - Receipts Collected For the Quarter Ended December 31, 2013 (Application No. 2) Application #05-02-C-00-ANC $14,000,000.00 Application #05-02-C-01-ANC 71,000,000.00 Total Collection Authority $85,000,000.00

PFC Revenue Received Air Carriers Current Quarter Previous Quarters Cumulative Aer Lingus $ - $ 124.27 $ 124.27 Aerolane Lineas Aereas Nacionale - 104.04 104.04 Aero Mexico 205.19 1,702.21 1,907.40 Aerovias De Mexico 0.00 14.45 14.45 Air Canada 6,807.19 287,184.99 293,992.18 266.13 8,959.90 9,226.03 Air New Zealand 167.62 3,498.00 3,665.62 Air Pacific 26.01 465.29 491.30 Air Tahiti 0.00 31.79 31.79 Alaska Airlines 712,348.30 20,354,543.17 21,066,891.47 Airlines 11.56 242.76 254.32 All Nippon Airways Co 109.82 897.91 1,007.73 Aloha Airlines 0.00 86.37 86.37 America West Airlines 0.00 180,410.15 180,410.15 American Airlines 31,345.19 850,010.15 881,355.34 American Trans Air 0.00 459.07 459.07 Asiana Airlines 79.82 27,315.55 27,395.37 Austrian Airlines 17.34 1,439.64 1,456.98 Aviacion Commercial Del America 0.00 5.78 5.78 Avianca 2.89 301.77 304.66 Big Sky Airlines 0.00 20.23 20.23 British Airways 456.18 12,224.40 12,680.58 Brussels 20.23 101.15 121.38 CAPE AIR 2.89 17.34 20.23 Cape Smythe Air Service, Inc 0.00 8.67 8.67 Cathay Pacific Airways 533.25 5,979.47 6,512.72 Champion Air 0.00 274.55 274.55 China Airlines 309.23 151,769.57 152,078.80 Condor Flugdienst, GMBH 5,860.87 220,045.17 225,906.04 Continental Airlines 0.00 1,645,749.29 1,645,749.29 Czech Airlines 0.00 164.73 164.73 Delta Airlines 115,179.48 3,005,691.51 3,120,870.99 Elal Israel Airlines 5.78 210.97 216.75 Emirates 477.87 3,588.73 4,066.60 Era Aviation Inc. 268.77 47,095.44 47,364.21 Etihad Airways 0.00 2.89 2.89 Eva Airways Corp 1,028.84 6,933.11 7,961.95 Finnair 2.89 92.48 95.37 Frontier Airlines, Inc. 598.84 377,220.69 377,819.53 Frontier Flying Service 0.00 3,184.84 3,184.84 Great Lakes Aviation, Ltd. 0.00 283.22 283.22 Great Western Financial 0.00 8.67 8.67 Hawaiia Island Air 0.00 175.41 175.41 Hawaiian Airlines 379.83 134,998.88 135,378.71 Iberia Airlines of 8.67 141.61 150.28 Icelandair 3,195.92 17,533.66 20,729.58 Island Air Service 11.45 19.90 31.35 Japan Airlines International Co 17.34 62,440.86 62,458.20 Jet Airways 0.00 5.78 5.78 Jet Aviation 0.00 8.67 8.67 Jet Blue Airways 9,908.29 133,676.03 143,584.32 KLM Royal Dutch Airlines 187.22 4,151.47 4,338.69 Korean Air Lines 6,723.68 56,593.09 63,316.77 Kuwait Airlines 0.00 14.45 14.45 Lan Argentina S.A. 8.67 34.57 43.24 Lan Chile Airlines 0.00 215.30 215.30 Lan Peru S.A. 0.00 710.74 710.74 Latam Airlines Group, S.A. 91.93 28.90 120.83 Lineas Aereas Costarricenses S.A. 40.46 57.80 98.26 LOT Polish Airlines 0.00 114.94 114.94 German Airlines 438.73 21,206.73 21,645.46 Malaysia Airlines 17.34 127.16 144.50 Mesa Airlines 54.91 580.67 635.58 Mexicana Airlines 0.00 968.04 968.04 Miami Air International 28.90 5,569.03 5,597.93 Midwest Airlines 0.00 4,751.13 4,751.13 MN Airlines, LLC DBA SUN COUNTRY AIRLINE 950.81 262,244.49 263,195.30 0.00 265.88 265.88 North American Airline 72.25 0.00 72.25 Northwest Airlines, Inc. 0.00 1,579,472.19 1,579,472.19 Omni Air International 0.00 2,274.43 2,274.43 Peninsula Airways 297.67 10,985.33 11,283.00 Polish Airlines 0.00 57.80 57.80 Qantas Airways Ltd 62.81 5,093.37 5,156.18 Corp. 0.00 89.70 89.70 Republic Airways 0.00 1,412.58 1,412.58 Saudi Arabian Airlines Corp. 0.00 4.39 4.39 Scandinavian Airlines 43.35 3,934.01 3,977.36 Silver Airways Corp 5.78 0.00 5.78 Singapore Airlines 34.68 2,976.70 3,011.38 South African Airways 0.00 355.47 355.47 Swiss Air 80.92 3,122.38 3,203.30 Swissport USA Inc. 0.00 5.78 5.78 Taca Internation Airlines 0.00 130.05 130.05 Tap Air Portugal 0.00 60.69 60.69 Thompson Airways 0.00 459.51 459.51 Transportes Aereos Meridionais Tam Airlines 46.24 644.25 690.49 Turkish Airlines, Inc 2.89 83.81 86.70 United Airlines 114,121.42 1,782,358.73 1,896,480.15 US Airways 40,405.99 893,762.67 934,168.66 Varig Airlines 0.00 11.56 11.56 Virgin America 1,976.76 # 24,114.51 26,091.27 Virgin Atlantic 11.56 202.19 213.75 Virgin Blue 153.17 2,601.44 2,754.61 Vladivostok Air America, Inc 0.00 1,537.48 1,537.48 Yakutia Air 1,667.53 1,075.08 2,742.61 From Air Carriers $ 1,057,179.35 $ 32,221,925.67 $ 33,279,105.02

Interest Earned 2,265.34 954,259.58 956,524.92

Excess Revenue from APP 99-01-C-00-ANC 1,182,614.63 1,182,614.63

Total PFC Revenue $ 1,059,444.69 $ 34,358,799.88 $ 35,418,244.57 PFC Quarterly Report - Project Expenditure Activity

Public Agency: State of Alaska, DOT & PF Use Airport: Ted Stevens Anchorage International Airport (ANC) Quarter Ending: December 31, 2013

Projects Approved for Date for Charge Est Project Est Project Expenditures Expenditures Current Est. Authority to Impose and Use Use & Expiration Approved Implement Complete For Current For Previous Cumulative Amount of Costs To Be PFC Revenues Impose Date Level Date Date Quarter Quarters Expenditures Use Approval PFC Funded

1 . Terminal Redevelopment (PFC payments to debt service 10/1/00 1/1/06 $ 3.00 8/1/98 10/26/11 $ - $ 21,043,173.00 $ 21,043,173.00 $ 21,043,173.00 $ 21,043,173.00

Total on Application 99-01-C-00-ANC $ - $ 21,043,173.00 $ 21,043,173.00 $ 21,043,173.00 $ 21,043,173.00

1 . Concourse A & B Retrofit (Pay as you go projects) 10/12/05 7/1/09 $ 3.00 6/1/05 6/30/09 $ - $ 13,509,088.51 $ 13,509,088.51 $ 14,000,000.00 $ 14,000,000.00

2 . Concourse A & B Retrofit (PFC payments to debt service 7/1/09 12/1/26 $ 3.00 6/1/05 6/30/09 - 19,000,000.00 19,000,000.00 71,000,000.00 71,000,000.00

Total on Application 05-02-C-01-ANC $ - $ 32,509,088.51 $ 32,509,088.51 $ 85,000,000.00 $ 85,000,000.00

Total All Applications $ - $ 53,552,261.51 $ 53,552,261.51 $ 106,043,173.00 $ 106,043,173.00 PFC Quarterly Report - Revenue Receipts & Project Expenditure Summary

Public Agency: State of Alaska, DOT & PF Use Airport: Ted Stevens Anchorage International Airport (ANC) Quarter ending: December 31, 2013

A. PFC COLLECTIONS & INTERESTS

Prior Quarter Current Current Cumulative Authorizing Reported Quarter Quarter Collections Document (Cumulative) Revenue Earned Interest Earned to Date

99-01-C-00-ANC $ 21,043,173.00 $ - $ - $ 21,043,173.00

05-02-C-01-ANC 34,358,799.88 1,057,179.35 2,265.34 35,418,244.57

TOTAL $ 55,401,972.88 $ 1,057,179.35 $ 2,265.34 $ 56,461,417.57

B. AUTHORITY AND PROJECT EXPENDITURES SUMMARY

Charge Authority Previous Cumulative Current Quarter Quarter-end Cumulative Unliquidated Authorizing Date for Expiration Approved Collections Expenditures Collections Expenditures Collections PFC Revenue Document Use & Impose Date Level Impose Use & Interest & Interest & Interest Expenditures Balance

99-01-C-00-ANC 10/1/2000 1/1/2006 $ 3.00 $ 22,000,000.00 $ 22,000,000.00 $ 21,043,173.00 $ 21,043,173.00 $ - $ - $ 21,043,173.00 $ 21,043,173.00 $ -

05-02-C-00-ANC 10/12/2005 7/1/2009 $ 3.00 14,000,000.00 14,000,000.00 13,509,088.51 13,509,088.51 - - 13,509,088.51 13,509,088.51 0.00

05-02-C-01-ANC 7/1/2009 12/1/2026 $ 3.00 71,000,000.00 71,000,000.00 20,849,711.37 19,000,000.00 1,059,444.69 - 21,909,156.06 19,000,000.00 2,909,156.06

TOTAL $ 107,000,000.00 $ 107,000,000.00 $ 55,401,972.88 $ 53,552,261.51 $ 1,059,444.69 $ - $ 56,461,417.57 $ 53,552,261.51 $ 2,909,156.06