It information a web revenue of 901.5 million euros, in comparison with a lack of 475 million euros in 2021. Traffic within the Spanish airport community closes with progress of greater than 100% in comparison with 2021 and with a restoration of 88.5% of pre-pandemic passengers.
Aena closed 2022 with web revenue of 901.5 million euros, in comparison with a lack of 475.4 million euros in 2021,* after 243,681,775 passengers travelled by way of the airports in its community in Spain. This represents a restoration of 88.5% in passenger site visitors in comparison with 2019, the final yr during which the COVID-19 pandemic didn’t have an effect. Compared to 2021, progress is greater than 100% (+103.1%), with a 58.2% improve in home site visitors and a 138.4% improve in worldwide site visitors.
If the figures for London Luton Airport and the six airports within the Northeast Brazil Airport Group (ANB) are included, the variety of passengers quantities to 270.7 million (+98.5% in comparison with 2021), which is equal to a restoration of 88.1% of the site visitors in 2019.
In view of the evolution of passenger knowledge on the Spanish airports in current months and after analysing the financial scenario, Aena has revised upwards its passenger site visitors estimate for the yr 2023 to a variety between 94% and 104% of the 2019 figures, in comparison with the preliminary forecast between 87% and 97%. The most statistically possible situation is predicted to be within the center, with a 99% restoration in comparison with 2019.
Aena will suggest to the Annual General Shareholders’ Meeting, which might be held on 20 April, the distribution of a gross dividend of €4.75 per share charged to the outcomes for the fiscal yr 2022, which can profit each its personal and public shareholders (the State owns 51% of the corporate).
Strong enterprise efficiency and restatement of the 2021 accounts
The firm has carried out a change in its accounting coverage with regard to the remedy of economic income to adjust to the brand new accounting commonplace issued on 20 October 2022 by the IFRS Interpretations Committee (IFRIC) on lessor forgiveness of lease funds.
The new accounting remedy implies that the accounting impression of reductions in minimal annual assured rents that occurred on account of the onset of the COVID-19 pandemic had been to be totally recognised on the time they occurred (beforehand they had been distributed on a straight-line foundation over the remaining lifetime of the affected lease contracts as established by the auditor on the time).
The retroactive utility of this transformation in accounting coverage has led to the restatement of the consolidated annual accounts for the fiscal yr 2021. Total consolidated income for 2022 stood at 4,237.5 million euros, 69.3% greater than in 2021.* Aeronautical income was 2,418 million euros, 81.5% greater than in 2021.
Commercial income,* supported by progress in gross sales from industrial exercise that brings them to 2019 ranges (+1.0%), amounted to 1,243.8 million euros, a rise of 37.5%.*
In 2022, gross working revenue (EBITDA1) was 2,078.9 million euros, 2,185.4% greater than in 2021 (91 million euros).* During 2022, there was a 564.3% improve in web money generated from working actions, reaching 1,863.2 million euros, in comparison with 280.5 million euros in 2021.*
The consolidated accounted web monetary debt2 of the Aena Group decreased to six,242.9 million euros (together with 440 million euros from the consolidation of the accounted web monetary debt of London Luton Airport and 84.5 million euros from ANB), in comparison with 7,446.3 million euros on the finish of 2021, reducing the online monetary debt to EBITDA ratio of the consolidated group to three.00 instances, in comparison with 11.55 instances as at 31 December 2021 (81.86 instances primarily based on restated figures).
At 31 December 2022, the Group had money and credit score amenities of three,779.3 million euros, plus the potential of issuing as much as 900 million euros by way of the Euro Commercial Paper (ECP) programme, all of which was totally obtainable on the finish of the yr.
Incentives for airways and repair and sustainability assure
During the 2 years of the pandemic, Aena offered airways with incentives designed particularly for the scenario brought on by COVID-19. Now, in view of the restoration in site visitors, the corporate is reintroducing a industrial incentive just like the one it provided to airways earlier than the pandemic. The incentive might be utilized throughout the 2023 summer season and winter seasons, which run from 1 April to 31 October (summer season) and from 1 November to 31 March 2024 (winter).
This scheme incentivises new routes to unserved locations, progress on routes at airports with lower than 3 million passengers and progress on routes to Asia.
The incentive consists of the complete reimbursement of the passenger airport cost similar to the variety of passengers for every airline that opens routes to locations not served by the airport or that grows (in comparison with the earlier equal season) on routes working at airports with lower than 3 million passengers or to Asia. The most variety of passengers to be incentivised on every airline is capped by the passenger progress of the airline on the airport and within the community as a complete.
Aena has managed to come back out of the pandemic with out neglecting its important dedication to the surroundings. The airport supervisor as soon as once more achieved the best ranking awarded by the Carbon Disclosure Project (CDP) and was recognised by Sustainalytics as the perfect firm within the IBEX 35 for its environmental, social and governance efficiency.
It additionally ensured easy operations at its airports always, which earned it the award for the perfect airport group on the earth for excellence in pandemic administration (Skytrax Awards).
* All figures for 2021 and subsequently adjustments in comparison with that fiscal yr are restated. See the annual accounts for additional info.
(1) Earnings Before Interest, Tax, Depreciation and Amortisation. This is calculated as working earnings plus depreciation and amortisation.
(2) This is calculated as the whole quantity of ‘Financial Debt’ (Non-Current Financial Debt plus Current Financial Debt) much less ‘Cash and Cash Equivalents’.
The numerical reconciliation of those different efficiency measures has been included within the related part of the annual accounts.
Tatiana is the information coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her function contains monitoring the lots of of reports sources of TravelDailyNews Media Network and skimming crucial in keeping with our technique.
She holds a Bachelor’s diploma in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she or he has been editor and editor-in-chief in numerous financial magazines and newspapers.