North Queensland Airports Investment Overview
North Queensland Airports Overview
Operator of Cairns and Mackay Airports
Privatised by Queensland Government approximately 12 months ago.
Shareholders:
Auckland Airport
JP Morgan Infrastructure Investments Fund
(advised by JP Morgan Asset Management)
The Infrastructure Fund (Hastings-managed)
Perron Investments
24.55% (acquired from Westpac Bank)
49.90%
20.12%
5.43%
Shareholders holding more than 20% are entitled to appoint a director and have
veto rights on major decisions
Estimated and summarised North Queensland Airports balance sheet as at 31
December 2009:
Equity
Debt
Other liabilities
A $m
A $m
489
Property, Plant, Equipment
577
365
Prepaid operating lease.
42
35
Other
59
Goodwill
211
Total Assets
889
Total Shareholders' Equity and Liabilities
889
A
| Auckland
Airport
Source: unaudited management information provided by NQA
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