Question
Prepare a vertical analysis of income and expenses that make up EBITDAFI (using total income as the base amount) and give some short comments on
Prepare a vertical analysis of income and expenses that make up EBITDAFI (using total income as the base amount) and give some short comments on the relative significance of income and expense items and how they have changed over time. ** Please note that the vertical analysis has already been completed below**
| Auckland Airport 4 year Summary | ||||||||
| Vertical trend analysis | ||||||||
| Percent | 2018 | Percent | 2017 | Percent | 2016 | percent | 2015 | |
| Income | ||||||||
| Airfield Income | 17.9 | 122.1 | 19.0 | 119.6 | 18.0 | 103.4 | 18.3 | 93.3 |
| Passenger Services Charge | 26.2 | 179.1 | 27.7 | 174.3 | 27.0 | 154.9 | 27.7 | 140.9 |
| Retail Income | 27.9 | 190.6 | 25.9 | 162.8 | 27.4 | 157.5 | 26.0 | 132 |
| Rental Income | 14.3 | 97.6 | 13.5 | 84.9 | 13.0 | 74.7 | 12.7 | 64.6 |
| Rates Recoveries | 0.9 | 6 | 0.9 | 5.6 | 0.9 | 5.4 | 1.0 | 5.1 |
| Car Park Income | 8.9 | 61 | 8.9 | 56.3 | 9.1 | 52.1 | 9.2 | 46.6 |
| Interest Income | 0.3 | 2.2 | 0.4 | 2.3 | 0.3 | 1.7 | 0.6 | 3.3 |
| Other Income | 3.7 | 25.3 | 3.7 | 23.5 | 4.2 | 24.2 | 4.5 | 22.7 |
| Total Income | 683.9 | 629.3 | 573.9 | 508.5 | ||||
| Expenses | ||||||||
| Staff | 8.5 | 57.9 | 8.0 | 50.5 | 8.2 | 46.8 | 9.1 | 46.3 |
| Asset management, maintenance and airport operations | 10.2 | 69.5 | 8.8 | 55.6 | 8.6 | 49.1 | 8.7 | 44.2 |
| Rates and Insurance | 2.0 | 13.7 | 1.9 | 12.2 | 2.0 | 11.5 | 2.1 | 10.7 |
| Marketing and Promotions | 2.0 | 13.8 | 2.7 | 16.7 | 2.8 | 16.3 | 2.6 | 13.2 |
| Other Expenses | 3.3 | 22.6 | 3.4 | 21.2 | 3.5 | 19.9 | 2.8 | 14.1 |
| Total Expenses | 26.0 | 177.5 | 24.8 | 156.2 | 25.0 | 143.6 | 25.3 | 128.5 |
| EBITDAFI | 74.0 | 506.4 | 75.2 | 473.1 | 75.0 | 430.3 | 74.7 | 380.0 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Investments Analysis And Management
Authors: Charles P. Jones, Gerald R. Jensen
14th Edition
1119578078, 978-1119578079
