TOT07
70.
TTO C TT
PG.05
CASHFLOW PROJECTION (BASE CASE)
New Airport, Cock Lap Kok
HK$ millions
1997
1932
1993
1994
1995
1945
1997
1998
2009
2000
2002 2001
2004
7025
2006 2007
2003
2009
3010
A.
REVENUES
1. Aeronautical Revenue
3. Commercial Revenue
3. Rea! Estate Development Revenue
L. Passenger Terminal Charge
0
ooo. Dla
0
0
0
1.286
214
232
0
0
ง
0
0
2,210 3.234 3,391 3.970 4,374
2,653 4,026 4,432 3,007 5,570
248
671
114
4.820 $.3!1 1,553
6,157 6.941 7,817
133
569
0
1.288
21
232
5,786
STA
122
130
1,000 1.118 1.230 1,394 1.354 1.732 1.931 2,152 2.263 2.351 2,437 2.327 2,619
1.152 9.278 10.349 11.463 12.699 14.553 15.802 17.323 17.878 10,982 20,186 21,309 22.705
6.452 6,728 6,905 7.086 7,274 7,466
2,505 8,634 9.484 10,397 11,508 12,620
214
242
266
*
B.
RECURRENT EXPENDITURE
1. Operating Cons
2. Payments of ATC, esc.
(957)
0
0
D
0
0
J
MITAL EXPENDITORE
TAX PAYMENT
(937) (4,303) (6,048) (33,745) ($1,048) (10,767)
(1,380)
(1.639)
(270) (441) (499) (365)
(1,211) (1.021) (2,012) (2,204)
(1,300) (1,978) (938) (634)
(1.313)
(1,778) (1.929) (2,092) (2,269) (2,461) (2,685) (2.911)
(614) (668) (726) (789) (858) (934) (1,708)
(2,392) (2.397) (2,818) (3,058) (3.319) (3.619) (4.619)
(3.158)
(3,719) (3.427)
(1.862) (2,030) (2.2131
(5.020) (5,457) (5,934)
(1,162)
(745)
1960)=(1,658) (1,085) (3,433)
(3,674) (3,931) (4,206)
0
0
(932) (2,112) (1,850) (2,266) (2,412)
F1,669) (2,101) (2,176)
CASTIFLOSS BEFORE FIN HA}{B}{C}{{D)
(957) (4,305) (6,034) (12,455) (10,834) (10,535)
3,274
$,053 6,328 7,490 7,912
9,355 10,302 9,772 10,497 10,908 8,310 9.625 Pad 10,389
F.
TERM LOAN
1. Drawdowa (Repayment)
2 Jolerest & Finance Churzei
0
Q
0
+
Q
0
D 8,045 12.721 13.959 1,975
(520) (1,887) (3.424) (4.2:8)
7,125 30,834 10,335 (2,243)
(500) (1,700) (3,200) (4,100) (5,800) (6,900) (7,200) (7,300)
(4,192) (4.065) (3.784) (3,364) (2,795) (2.064) (1,254) (420)
(4,652) (3,765) (6,984) (1,464) (8.395) (1,964)
0
+
0
0
[7,720)
0
G.
SUBORDINATED LOAN
No Sorace ATC payment, kem B2 refers)
1. Drawdown"Repayment)
2. lateren
EQUITY INJECTION
· CASSIPLOT" AFTER FIN. «E»<{F}{G}-{F}
OMELATIVE CASH WAL.
DIVIDEND
0
0
0
0
290
500
619
759
0
១
0
دی
0
(16)
(59)
(120)
(194)
*
ព
0
0
274
441
495
565
514
199 1,059
(283) (391)
66%
1,262 1,452 (6,819)
(516)
725
O
0
O
(553) 1588)
789 $7,407)
0
D
D
0
0
0
0
957
2.309
6.35%
3.320
A
0
0
0
0
ย
0.0
0
ت
D
૩
0
0
0
*
0
1.30$
802
1,067
1,072
:.063
1 428
2.563
2.107 (4.637) 19.908
8.318 9,825 9.$18
10.389
n
0
}
1.30.9
107
3.169
4.363
5.101
€ 732
9.295
1: 401
6.71: 11.67G 26.197 36.007 25.840 $6 229
0
0
0
0
0
0
6,731 LC,POL 8.518
9.223
5.815
10.389