Airports of Thailand Plc. Airports of Thailand Plc. For For 6 Months of Months of Fiscal Year Fiscal Year 2014 2014 For For 6 6 Months of Months of Fiscal Year Fiscal Year 2014 2014 (October (October 2013 2013 – March March 2014 2014) Investor Relations Center, E-mail: [email protected], Tel: (662) 535-5900, Fax (662) 535-5909
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Airports of Thailand Plc.Airports of Thailand Plc.ForFor 66 Months ofMonths of Fiscal YearFiscal Year 20142014For For 6 6 Months of Months of Fiscal Year Fiscal Year 20142014
(October (October 2013 2013 –– March March 20142014))
This presentation is intended to assist investors to better understanding the company’sThis 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 notinformation 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 ofour 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.
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Airports in ThailandTotal of 38 airports
Airports of Thailand Public Company Limited 1 2 in Bangkok and perimeter
MAE FAH LUANG-CHIANG RAI INTERNATIONAL AIRPORT CHIANG MAI
INTERNATIONAL AIRPORT
Pai
Sukhothai Nakhon Phanom
Udon Thani
Loei
LampangPhrae
NanMae Hong Son
Tak
2 in Bangkok and perimeter o Suvarnabhumi Airport (BKK) o Don Muang International Airport (DMK)
4 international airports at regional sites
Pai
Ubon RatchathaniBuri RamNakhon Ratchasima
Sakon Nakhorn
Roi Et
Khon KaenPhetchabun
PhitsanulokMae Soto Chiang Mai International Airport (CNX)
o Phuket International Airport (HKT) o Hat Yai International Airport (HDY)o Mae Fah Luang-Chiang Rai International Airport (CEI) 2
DON MUANG INTERNATIONALAIRPORT
SUVARNABHUMISUVARNABHUMI AIRPORTAIRPORT
Surin
Bangkok Airways Airports
DCA Airports
AOT AirportsU-Tapao
Hua Hin
Ch
Trad
Department of Civil Aviation (DCA) o 28 regional airports
R l Th i N
SUVARNABHUMISUVARNABHUMI AIRPORTAIRPORT
Royal Thai Navy Airport
Chumpon
Samui
Nakhon Si Thammarat
Ranong
Surattani
Royal Thai Navyo U-Tapao Pattaya International Airport
Bangkok Airways Companyo Sukhothai Airport
HAT YAI
INTERNATIONAL Krabi
Trang PattaniNarathiwat
o Sukhothai Airporto Samui Airporto Trad Airport
PHUKET INTERNATIONAL AIRPORT
AIRPORT
Note: 1. AOT’s traffics account for 83% of Thailand’s air traffics.2 Changing from Chiang Rai International Airport to Mae Fah2.Changing from Chiang Rai International Airport to Mae Fah
Luang–Chiang Rai International Airport since March 13, 2010.
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Business OverviewFact Sheet Listed on 11 March 2004 Shares outstanding 1,428.57 Million Shareholders
Shareholders Information (As of April 4, 2014)
1. MINISTRY OF FINANCE 70.000%
2 THAI NVDR COMPANY LIMITED 5 171% Shareholders•Ministry Of Finance 70%•Free Float 30%
Average Daily Market Cap (Oct 13 – Mar 14)•BHT 265 777 90 Million
2. THAI NVDR COMPANY LIMITED 5.171%
3. STATE STREET BANK EUROPE LIMITED 2.098%
4. HSBC (SINGAPORE) NOMINEES PTE LTD 1.225%•BHT 265,777.90 Million
5. SOCIAL SECURITY OFFICE (2 CASES) 1.184%
6. STATE STREET BANK AND TRUST COMPANY 0.794%Fiscal Year
EPS (Baht)1
(The Company)Dividend per share
(Baht)
Dividend payout ratio
Dividend Yield
7. THE BANK OF NEW YORK (NOMINEES) LIMITED 0.677%
8. GOVERNMENT PENSION FUND (EQ-TH) 0.677%
9. J.P. MORGAN IRELAND (NOMINEES) LIMITED 655 0.558%
(Baht) ratio
2007 0.84 0.40 47.61% 0.64%
2008 5.15 2.58 50.09% 8.32%
Dividend Policy
9. J.P. MORGAN IRELAND (NOMINEES) LIMITED 655
10. MORGAN STANLEY & CO. INTERNATIONAL PLC 0.549%2009 0.60 0.42 70.00% 0.99%
2010 1.05 0.55 52.38% 1.33%
Not less than 25% of net profit of the company for each year after deduction of all specified reserves, subject to our investment plans and other considerations that our Board of Directors deems
2011 1.82 0.80 43.96% 2.03%
2012 4.54 1.80 39.65% 2.26%considerations that our Board of Directors deems appropriate
4Note: 1. EPS using for calculating the dividend is from the company financial statements.
2013 11.43 4.60 40.23% 2.44%
Aircraft Movement Statistics (6 months)
(Unit: Thousand)
AOT Traffics LCCs Traffics
559.42 184.99
(Unit: Thousand) • Domestic (3 airlines)
Thai Air Asia
Nok Air
Major LCCs Airline
92 10102.66
118.09193.05 211.75242.90
143 81
116.40132.73
316.67
441.44 480.34 152.80
276.67 89.91
One-Two-Go/Orient
Thai Airlines
• International (22 airlines)
Air Asia
Thai Air Asia
40.63 50.14 66.9030.88 40.35
92.1059.03
76.05
248.39 268.59 316.52
154.44 172.86
122.23 143.81
FY
Thai Air Asia
Tiger Airways
Jetstar Asia
Jetstar Airways
CEBU Pacific Air2011 2012 2013 6M 2013 6M 2014
International Domestic2011 2012 2013 6M 2013 6M 2014
International Domestic
FY FYIndonesia Air Asia
Condor Flugdienst
Jeju Air
Jin AirFi fl
6M 2013 6M 2014 YoY%
BKK 141 544 155 289 9 71%
6M 2013 6M 2014 YoY%
BKK 8 596 12 739 48 20%Firefly
Tomsonfly
IndiGO Airlines
Eastar Jet
T'Way Airlines
BKK 141,544 155,289 9.71%
DMK 66,909 82,412 23.17%
BKK+DMK 208,453 237,701 14.03%
CNX 21,300 26,117 22.62%
BKK 8,596 12,739 48.20%
DMK 51,579 67,101 30.09%
BKK+DMK 60,175 79,840 32.68%
CNX 8,936 12,055 34.90%T Way Airlines
Scoot
Spring Airlines
Mandala Airlines
Golden Myanmar Airlines
HDY 8,444 9,332 10.52%
HKT 34,782 38,652 11.13%
CEI 3,688 4,872 32.10%
HDY 6,682 7,727 15.64%
HKT 11,845 13,471 13.73%
CEI 2,268 3,302 45.59%
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Note: 1. Fiscal Year starting from October to September2. The percentage growth as shown is calculated from
the full number of the air traffic statistics
Juneyao Airlines
VietJetAir Norwegian Air Shuttle
Total 276,667 316,674 14.46% Total 89,906 116,395 29.46%
Passenger Movement Statistics (6 months)AOT Traffics LCCs Traffics
6Note: 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
, ,
Total 43,837,540 46,067,479 5.09%
, ,
Total 13,112,803 15,989,884 21.94%
Monthly Air Traffic Movements: FY 2010 - 2014(Unit: Thousand)(Unit: Thousand)
50
55
60
FY 2010
Aircraft Movements35
40
45FY 2010
FY 2011
FY 2012
25
30
35
ct v c n b r pr y n ul g p
FY 2013
FY 2014
(Oct-Mar)
(Unit: Million)
Oct Nov Dec Jan
Feb Mar AprMay Ju
n Jul
Aug Sep
8
9
Passenger Movements6
7
8FY 2010
FY 2011
FY 2012
4
5 FY 2013
FY 2014
(Oct-Mar)
7
3
Oct Nov Dec Jan
Feb Mar AprMay Ju
n Jul
Aug Sep
(Oct Mar)
Airport Revenues (6M FY2014)
Landing & Parking Charges 20% increased on Jan 1st, 2005
15% increased on Apr 1st, 2007Aeronautical
Passenger Service Charges (PSC) Effective on Feb 1st, 2007
THB 500 to THB 700 - International PSC
THB 50 to THB 100 Domestic PSC
Aeronautical
59%
(For 6M FY2014) 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
(For 6M FY2014)
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 Services, Airline Announcement Services, Hydrant
Non-Aeronautical
41%System Services, etc.
Concession Varies by activities such as Duty Free, Souvenirs, Food & Beverage, Airline Catering, Fueling Services, Car Parking, Advertising, Banking, etc.
Total 28,640.69 30,405.28 36,810.41 18,367.34 19,813.47 7.87%
9Note: Fiscal Year starting from October to September
Service revenues (SVR)
Concession revenues (CCR)
Airport Operating ExpensesEmployee Benefit Expenses Consisting of :
- employee salaries and bonuses, employee benefits, retirement payments and contributions to employee provident fund
th ti f AOT’ b d f di t d ti- the remuneration of AOT’s board of directors and executives as stated in the notice of Capital Market Supervisory Board
Utilities Expenses Consisting of electricity charges, cooling water system and water supply.
Outsourcing Expenses Consisting of security, limousine service, cleaner, gardener, trolley and etc.
Repairs and Maintenance Consisting of repair and maintenance of runways and taxiways, elevators, escalators and cover walkways, air conditioning systems, conveyor belts, transportation equipment and construction and electrical appliances.
State Property Rental Consisting of rental payments made to the Ministry of Finance under the airport land leases.
Depreciation and Amortization Consisting of depreciation charges in respect of the property, plant and equipment as well as amortization in respect of the intangible assets. Calculating on a straight-line basis over the assets’ useful lives (between 5 and 50 years).
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Expenses Breakdown (6M FY2014)
24.88%27 20%
By proportion(Unit: Million)
Total Operating Expenses
6M FY2013 6M FY201419 910 32 24.88%27.20%
17,505.0718,948.7219,910.32 23.68%
12 64%
29.71%
13.81%
15.77%9.26%
9.08%
8,674.06 9,263.02
12.64%
14.94%9.92%
9.11%
2011 2012 2013 6M 2013 6M 2014
By Growth(Unit: Million Baht)FY 2011 2012 2013 6M 2013 6M 2014 ( )
Total NEF> 40 481 763.85Total Impacted Houses10,918
Total Impacted Houses10,918
NEF 30 40
NEF > 40507
NEF > 40507
NEF 30-4010 412
NEF 30-4010 412
NEF 30 - 40Houses Amount
Insulated 9,404 1,883.59507507 10,41210,412
Total NEF30- 40 9,404 1,883.59
Sensitive Area 20 280 49Insulation358
Insulation358
Insulation10,412
Insulation10,412
Purchase149
Purchase149
Sensitive Area 20 280.49
KMITL 214.00
Grand total * 3,141.93
15
As of April30, 2014
,
Note: - * Accumulated from the first payment until April 30, 2014- KMITL is King Mongkut’s Institute of Technology Ladkrabang- NEF : Noise Exposure Forecast
Noise Compensation (Suvarnabhumi Airport Phase I)
ProceededPlanned
(Th bi t l ti A 31 2010)(Unit: Million Baht)
Winter Season (Unit: Houses)
(The cabinet resolution on Aug 31, 2010)NEF > 40
Houses Amount
Total Impacted Houses5 397
Total Impacted Houses5 397
Purchased 49 153.77
Insulated 74 23.09
Total NEF> 40 123 176.865,3975,397
NEF > 40NEF > 40 NEF 30-40NEF 30-40
NEF 30 - 40Houses Amount
NEF > 40133
NEF > 40133
NEF 30-405,264
NEF 30-405,264 Insulated 4,453 922.28
Total NEF30- 40 4,453 922.28
Sensitive Area 1 12.05
Grand total * 1,111.19
Insulation77
Insulation77
Insulation5,264
Insulation5,264
Purchase56
Purchase56
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As of April 30, 2014Note: - * Accumulated from the first payment until April 30, 2014
- KMITL is King Mongkut’s Institute of Technology Ladkrabang- NEF : Noise Exposure Forecast
2. 1st Midfield Satellite3. Apron around 1st Midfield
Satellite
- 28 contacted gates
Satellite4. South Tunnel and
Automated People Mover5. Main Terminal Extension6. Parking Garage and Airlines
Office7. Utilities
Phuket Investment Cost
(billion baht)Expected
TimeframeAdditional Capacity
1 N I t ti l 5 79 2009 2014 6 MAP
Note : 1/ The cabinet already approved on Aug 31, 2010
1. New International Passenger Terminal
2. Renovation of the Existing Terminal
5.79 2009 - 2014 - 6 MAP
- 4 contacted gates
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3. Apron4. Other related facilities
Commercial Projects
Don Muang International Airport
• Private Jet TerminalSuvarnabhumi Airport
• Community MallPhuket International Airport
• Private Jet Terminal
• Community Mall• Central Warehouse• Hotel• Hospital • Private Jet Terminalp• Office Building • Exhibition Center• Export Exhibition Center Chiang Mai International Airport
Note: 1. Fiscal Year starting from October to September2. The percentage growth as shown is calculated from the full number of the air traffic statistics