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
25View entire presentation