Investor Information
The company’s principal activity is the operation of Dunedin International Airport. Land adjacent to the airport, held for possible expansion, is dairy farmed in partnership with a sharemilker. A small residential housing estate adjacent to the airport provides rental income.
2009 results
TOTAL PASSENGER NUMBERS at 770,206, compare to 708,506 last year, an increase of 8.7%.
DOMESTIC PASSENGER NUMBERS at 719,787, compare to 638,219 last year, an increase of
12.8%.
INTERNATIONAL PASSENGER NUMBERS at 50,419 compare to 70,287, a decrease of 28.3%
TOTAL REVENUE is $7,548,812, a decrease of 1.4% on last year and a decrease of 6.7% against
budget.
SHAREHOLDERS’ FUNDS at $31,368,144 compares to $33,571,405 last year, a decrease of 6.6%.
AFTER TAX DEFICIT of $907,842 compares to a deficit of $324,236 last year, an increase of
180.0%. This reflects the reduction in revenues received from international services, and the
reduction in value of Fonterra shares ($185,643).
INCREASED MAINTENANCE EXPENDITURE on apron pavements.
NON-AERONAUTICAL INCOME, at 63.5% of total revenue, compares to last year’s figure of 69.2%.
In line with budget NO DIVIDEND has been declared for 2009.
Reports
- Interim Report Dec 09
- Annual Report 2009 (2.1MB PDF)
- Summarised Report 2009 (175KB PDF)
- Interim Report Dec 08 (168KB PDF)
- Annual Report 2008 (576KB PDF)
- Summarised Report 2008 (264KB PDF)
- Annual Report 2007 (268KB PDF)
- Annual Report 2006 (440KB PDF)
- Archive »
Financial results 2006 – 2009
| 2006 | 2007 | 2008 | 2009 | |
|---|---|---|---|---|
| Total Passengers | 703,903 | 701,975 | 708,506 | 770,206 |
| Domestic | 613,578 | 622,229 | 638,219 | 719,787 |
| International | 90,325 | 79,746 | 70,287 | 50,419 |
| Total Revenue | $ 6,624,501 | $ 7,020,480 | 7,653,680 | 7,548,812 |
| Profit After Tax | $ 922,213 | $ 324,847 | -324,236 | -907,842 |
| Shareholders' Equity | $23,983,382 | $22,276,765 | 33,571,405 | 31,368,144 |
| Shareholder Dividend | $ 765,000 | $ 335,000 |