{"id":5054,"date":"2013-07-24T00:00:00","date_gmt":"2013-07-24T00:00:00","guid":{"rendered":"https:\/\/newsroom.ferrovial.com\/news\/heathrow-airport-financial-results-1h-2013\/"},"modified":"2024-11-20T22:44:19","modified_gmt":"2024-11-20T21:44:19","slug":"heathrow-airport-financial-results-1h-2013","status":"publish","type":"new","link":"https:\/\/newsroom.ferrovial.com\/en\/news\/heathrow-airport-financial-results-1h-2013\/","title":{"rendered":"Heathrow Airport Financial Results 1H 2013"},"content":{"rendered":"    <section class=\"wysiwyg text-editor \" id=\"\">\n        <div class=\"container container--narrow container--p-10\">\n            <p>Colin Matthews, Chief Executive Officer of <a title=\"About Airports\" href=\"https:\/\/www.ferrovial.com\/en\/business-lines\/airports\/about-airports\/\" target=\"_blank\" rel=\"noopener\">Heathrow Airport<\/a>, said:\u00a0\u0093Performance at Heathrow this year is encouraging. The number of passengers using the airport increased, passenger satisfaction hit record levels and we maintained solid delivery of our service standards. Our earnings support the investment made in Heathrow and that continues with the new Terminal 2: <strong>The Queen\u0092s Terminal opening in June next year<\/strong>. We want to build on our achievements and continue that progress over the next five years, which is why we&#8217;ve submitted fresh plans to the CAA for a further \u00a33 billion of investment, if returns to investors are fair and competitive.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"331\">At or for six months ended 30 June<\/td>\n<td width=\"104\"><b>2013<\/b><\/td>\n<td width=\"85\"><b>2012<\/b><\/td>\n<td width=\"104\">Change (%)<\/td>\n<\/tr>\n<tr>\n<td width=\"331\"><i>(figures in \u00a3m unless otherwise stated)<\/i><\/td>\n<td width=\"104\"><\/td>\n<td width=\"85\"><\/td>\n<td width=\"104\"><\/td>\n<\/tr>\n<tr>\n<td width=\"331\">Revenue<sup>(1)<\/sup><\/td>\n<td width=\"104\"><b>1,149 <\/b><\/td>\n<td width=\"85\">1,052<\/td>\n<td width=\"104\">9.2<\/td>\n<\/tr>\n<tr>\n<td width=\"331\">Adjusted EBITDA<sup>(1)(2)<\/sup><\/td>\n<td width=\"104\"><b>610 <\/b><\/td>\n<td width=\"85\">517<\/td>\n<td width=\"104\">18.0<\/td>\n<\/tr>\n<tr>\n<td width=\"331\">Cash generated from operations<sup>(1)<\/sup><\/td>\n<td width=\"104\"><b>583<\/b><\/td>\n<td width=\"85\">503<\/td>\n<td width=\"104\">15.9<\/td>\n<\/tr>\n<tr>\n<td width=\"331\">Adjusted pre-tax profit\/(loss)<sup>(3)<\/sup><\/td>\n<td width=\"104\"><b>44<\/b><\/td>\n<td width=\"85\">(70)<\/td>\n<td width=\"104\">n\/a<\/td>\n<\/tr>\n<tr>\n<td width=\"331\">Pre-tax profit\/(loss)<\/td>\n<td width=\"104\"><b>186<\/b><\/td>\n<td width=\"85\">(51)<\/td>\n<td width=\"104\">n\/a<\/td>\n<\/tr>\n<tr>\n<td width=\"331\"><\/td>\n<td width=\"104\"><\/td>\n<td width=\"85\"><\/td>\n<td width=\"104\"><\/td>\n<\/tr>\n<tr>\n<td width=\"331\">Heathrow (SP) Limited consolidated net debt<sup>(4)(5)<\/sup><\/td>\n<td width=\"104\"><b>10,868<\/b><\/td>\n<td width=\"85\">11,360<\/td>\n<td width=\"104\">(4.3)<\/td>\n<\/tr>\n<tr>\n<td width=\"331\">Heathrow Finance plc consolidated net debt<sup>(4)(5)<\/sup><\/td>\n<td width=\"104\"><b>11,595<\/b><\/td>\n<td width=\"85\">12,086<\/td>\n<td width=\"104\">(4.1)<\/td>\n<\/tr>\n<tr>\n<td width=\"331\">Regulatory Asset Base<sup>(5)<\/sup><\/td>\n<td width=\"104\"><b>13,985<\/b><\/td>\n<td width=\"85\">14,814<\/td>\n<td width=\"104\">(5.6)<\/td>\n<\/tr>\n<tr>\n<td width=\"331\"><\/td>\n<td width=\"104\"><\/td>\n<td width=\"85\"><\/td>\n<td width=\"104\"><\/td>\n<\/tr>\n<tr>\n<td width=\"331\">Passengers (m)<sup>(1)(6)<\/sup><\/td>\n<td width=\"104\"><b>34.4<\/b><\/td>\n<td width=\"85\">33.6<\/td>\n<td width=\"104\">2.4<\/td>\n<\/tr>\n<tr>\n<td width=\"331\">Net retail income per passenger<sup>(1)(6)<\/sup><\/td>\n<td width=\"104\"><b>\u00a36.22<\/b><\/td>\n<td width=\"85\">\u00a36.10<\/td>\n<td width=\"104\">1.9<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>(1) Figures are for continuing operations, i.e. Heathrow only<\/p>\n<p>(2) Adjusted EBITDA is earnings before interest, tax, depreciation and amortisation and exceptional items<\/p>\n<p>(3) Adjusted pre-tax profit\/(loss) is before exceptional items, gains\/losses on disposals and fair value adjustments<\/p>\n<p>(4) Nominal net debt excluding intra-group loans and including inflation-linked accretion<\/p>\n<p>(5) 2012 net debt and RAB figures are as at 31 December 2012<\/p>\n<p>(6) Changes in passengers and net retail income per passenger are calculated using unrounded passenger data<\/p>\n<p><a href=\"http:\/\/mediacentre.heathrowairport.com\/Press-releases\/Results-for-the-six-months-ended-30-June-2013-5ef.aspx\"><em>Read the original press release.<\/em><\/a><\/p>\n        <\/div>\n    <\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":67,"featured_media":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","nivel-2":[2593,1084,1079,1137,1213,1189],"nivel-5":[1760],"nivel-1":[902],"nivel-3":[1327],"nivel-4":[],"class_list":["post-5054","new","type-new","status-publish","hentry","nivel-2-aereo-en","nivel-2-aeroplanes","nivel-2-customer-services","nivel-2-facilities","nivel-2-passenger-transport","nivel-2-records-en","nivel-5-heathrow-airport","nivel-1-airports","nivel-3-uk"],"acf":[],"yoast_head":"<title>Heathrow Airport Financial Results 1H 2013 Ferrovial<\/title>\n<meta name=\"description\" content=\"Sala de prensa Ferrovial | \u00daltimas noticias\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newsroom.ferrovial.com\/en\/news\/heathrow-airport-financial-results-1h-2013\/\" \/>\n<meta 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