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Investor Presentaiton

Statement of Operations For the year ended December 31, 2013 2013 2012 $ Revenue Rentals 630,708 605,638 Concessions Parking 627,794 625,749 426,799 434,988 Landing fees 1,043,307 1,067,952 Terminal fees 904,807 911,464 Airport services 66,006 59,016 Other income 681,952 674,068 Amortization of deferred capital contributions 437,794 362,562 Grants in lieu of property taxes (note 9) 474,239 386,509 5,293,406 5,127,946 Expenses Salaries and benefits 1,765,174 1,741,407 Property taxes 497,356 410,682 Materials, supplies and services 2,880,154 2,691,242 Amortization 1,579,301 1,211,241 6,721,985 6,054,572 Operating loss before passenger facility fees (1,428,579) (926,626) Passenger facility fees. 2,971,520 2,985,335 Operating income 1,542,941 2,058,709 Other income (expense) Investment income 138,844 128,459 Gain on sale of disposal of capital assets 42,050 2,376 Defined benefit pension income (cost) (note 11) (19,000) 302,000 161,894 432,835 Excess revenue for the year 1,704,835 2,491,544 25
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