June 2021 Financial Presentation — original pdf

Backup

AUS June 2021 Financials June 2021 Aviation – Summary  Enplanements were 701,047; 86% of June 2019. June 2020 enplanements were 150,195. Passengers Revenues  Operating revenues were $15.9M or 96% of June 2019.  YTD revenues are $15.3M higher than current year estimate. Operating Requirements  YTD expenses are favorable to budget by $8.4M and to current year estimate by $4.6M.  YTD airport related operating expenses are $14.2M lower than prior year. Operating Net Income  YTD Net Income(before cares act) is $2M and $20M better than current year estimate. 1 1 FY21 Forecasted Enplanements -- 5.1M 2 FY21 Landed Weights June at 89% of June 2019 LW’s 3 JUNE 2021 REVENUE Jun-21 Jun-20 Jun 21 YTD Jun 20 YTD Variance B/(W) Var % B/(W) YTD Variance B/(W) YTD Var % B/(W) YTD Variance v CYE B/(W) YTD Var % B/(W) Terminal Rental & Other Fees $4,850,229 $3,606,759 $1,243,470 34.5% $37,591,163 $37,919,733 ($328,570) (0.9%) $4,766,437 $2,802,662 $1,018,891 $1,783,771 175.1% $16,388,870 $19,731,738 ($3,342,868) (16.9%) $3,366,421 TOTAL AIRLINE REVENUE $7,652,890 $4,625,650 $3,027,241 65.4% $53,980,032 $57,651,471 ($3,671,438) (6.4%) $8,132,858 17.7% Parking $3,108,426 $668,060 $2,440,366 365.3% $15,424,355 $20,073,793 ($4,649,438) (23.2%) $3,959,546 Ground Transportation $450,601 $73,708 $376,893 511.3% $2,170,538 $3,563,067 ($1,392,529) (39.1%) $863,789 $1,501,840 $1,055,507 $446,333 42.3% $9,777,721 $10,847,778 ($1,070,057) (9.9%) $1,507,583 $1,605,852 $237,742 $1,368,110 575.5% $12,995,667 $9,069,688 $3,925,978 43.3% Advertising, Other Rentals and Fees $1,540,118 $1,194,864 $345,254 28.9% $12,457,476 $13,239,293 ($781,817) (5.9%) TOTAL NON-AIRLINE REVENUE $8,206,836 $3,229,881 $4,976,955 154.1% $52,825,756 $56,793,619 ($3,967,863) (7.0%) $7,352,409 16.2% Interest $4,669 $30,588 ($25,919) (84.7%) $95,420 $737,369 ($641,949) (87.1%) ($143,402) (60.0%) TOTAL OPERATING REVENUE $15,864,396 $7,886,118 $7,978,277 101.2% $106,901,208 $115,182,458 ($8,281,251) (7.2%) $15,341,865 16.8% 25.9% 14.5% 34.5% 66.1% 18.2% 3.3% 5.1% $419,021 $602,470 AIRLINE REVENUE Landing Fees NON-AIRLINE REVENUE Rental Cars Food, Bev & Retail 4 JUNE 2021 OPEX and NET INCOME Jun-21 Jun-20 Jun 21 YTD Jun 20 YTD Variance B/(W) Var % B/(W) YTD Variance B/(W) YTD Var % B/(W) YTD Variance v CYE B/(W) YTD Var % B/(W) EXPENSES & INCOME FY21 OPERATING REQUIREMENTS Fac Mgmt, Ops and Airport Security Airport Planning and Development Support Services Business Services TOTAL OPERATING REQ (AIRPORT) $6,415,909 $6,370,920 ($44,989) (0.7%) $61,282,878 $75,457,235 $14,174,357 $3,989,363 $309,557 $1,688,054 $428,935 $3,928,122 $307,841 $1,729,663 $405,293 ($61,241) ($1,715) $41,608 ($23,641) (1.6%) (0.6%) 2.4% (5.8%) $39,733,737 $3,017,201 $15,603,792 $2,928,148 $43,453,056 $4,588,581 $18,152,285 $9,263,314 $3,719,318 $1,571,380 $2,548,493 $6,335,166 8.6% 34.2% 14.0% 68.4% 18.8% $881,015 $674,540 $2,994,582 $97,407 $4,647,545 2.2% 18.3% 16.1% 3.2% 7.0% OTHER REQUIREMENTS (COA) $1,101,008 $1,025,300 ($75,709) (7.4%) $9,909,075 $9,227,696 ($681,379) (7.4%) ($2) (0.0%) OPERATING REQ BEFORE DEBT SVC $7,516,917 $7,396,220 ($120,698) (1.6%) $71,191,953 $84,684,931 $13,492,978 15.9% $4,647,544 6.1% DEBT SERVICE $4,247,127 $3,751,837 ($495,289) (13.2%) $33,715,063 $31,570,192 ($2,144,871) (6.8%) $132 TOTAL OPERATING REQ INCL DEBT SVC $11,764,044 $11,148,057 ($615,987) (5.5%) $104,907,016 $116,255,123 $11,348,107 9.8% $4,647,676 0.0% 4.2% OPERATING INCOME BEFORE DEBT SVC $8,347,478 $489,898 $7,857,580 1603.9% $35,709,254 $30,497,527 $5,211,727 17.1% $19,989,409 127.2% SURPLUS (DEFICIT) - NET INCOME $4,100,352 ($3,261,939) $7,362,290 (225.7%) $1,994,192 ($1,072,665) $3,066,857 (285.9%) $19,989,541 (111.1%) 5 6