A brief presentation of
and its operations in 2007
The Government directives for the LFV Group
LFV shall contribute to the transport policy objectives for air travel in a financially efficient and profitable manner by operating cost efficient, safe and well managed airports and air navigation services.
2
Group Communications
2008-03-17
LFV’s business concept
LFV shall generate added value for its customers and promote air travel by operating cost efficient, safe and well managed airports and air navigation services.
3
Group Communications
2008-03-17
LFV’s vision
Our customers will single out LFV’s airports and air navigation services as a good example of being cost efficient, safe and functional.
4
Group Communications
2008-03-17
LFV’s Group objectives
The LFV Group has formulated six group objectives for the coming planned position to be achieved by 2011. • Financial strength LFV shall fulfil the financial objectives of its owner, the Government, and through financial stability, manage recurring and irregular changes in traffic volume and traffic structure.
5
Group Communications
2008-03-17
LFV’s Group objectives
• Airports LFV shall provide its customers with airports that offer the best customer value in every category in Scandinavia. • Commercial products LFV’s net profit from commercial products shall increase from SEK M 734 in 2007 to at least SEK B 1 by 2011.
6
Group Communications
2008-03-17
LFV’s Group objectives
• Air Navigation Services LFV’s air navigation services shall be competetive and sucessfully participate in the development of cross-border air navigation services within Europe. • Sustainable business development LFV’s environmental activities shall be based on sustainable business development and generate acceptance for its operations as well as credibility within its surroundings.
7
Group Communications
2008-03-17
LFV’s Group objectives
• Attractive employer LFV shall be an attractive employer with a positive image.
8
Group Communications
2008-03-17
LFV’s Group values
• Active • Professional • Responsible
9
Group Communications
2008-03-17
The LFV Group organisation 1 January 2008
*
* The share certificates in A-Banan Projekt AB will be transferred to the Cabinet Office during 2008, according to a government decision.
10
Group Communications
2008-03-17
Governing the LFV Group
DG reports to the Board of Directors for the day to day management of the organisation. DG has delegated responsibility for the day to day running of the departments to the Groups Directors, with the exception of certain issues.
11
Group Communications
2008-03-17
Example of issues dealt with by the Director General
• Business plans • The Group’s employer role • Major investments • Certain legal issues • The Group’s trademark strategy • Joint-Group technical standards • Strategic and fundamental issues concerning the Group
12
Group Communications
2008-03-17
Important events during 2007
• Reduced LFV’s carbon dioxide emissions by 25% • Regional cooperation has generated new air routes • Lower charges for international traffic • Prolonged agreement for Stockholm-Bromma Airport
13
Group Communications
2008-03-17
LFV’s Airports
Airports, 16 Stockholm Division Stockholm-Arlanda Stockholm-Bromma Group Airports Division Göteborg Landvetter Jönköping Karlstad Kiruna Luleå3) Malmö Ronneby3) Skellefteå Sundsvall Härnösand Umeå Visby Ängelholm Helsingborg Örnsköldsvik Åre Östersund Air Navigation Services Air Navigation Services Division ATS-units1), 37 Stockholm-Arlanda Arvidsjaur Borlänge Stockholm-Bromma Halmstad Jönköping Kalmar Karlsborg Karlstad Kiruna Kristianstad Göteborg Landvetter Ljungbyhed Luleå3) Malmen/Linköping Malmö Norrköping Ronneby3) Saab/Linköping Skavsta/Nyköping Skellefteå Sundsvall Härnösand Såtenäs Säve/Göteborg Söderhamn Trollhättan Umeå Uppsala Vidsel Visby Västerås Växjö Ängelholm Helsingborg Örebro Örnsköldsvik Östgöta kontrollcentral Åre Östersund Control Centres, 2 Malmö Stockholm-Arlanda
14
Group Communications
LFV’s Airports ATS-units Control Centres Head Office, Norrköping
1) LFV provides local air traffic control services at 35 airports 2) Air traffic control centres are responsible for air traffic management in airspace outside airport areas 3) LFV is responsible for civil aviation at the airport through an agreement with the Swedish Armed Forces.
2008-03-17
Stockholm-Arlanda Airport
•17.9 million passengers, of which 12.9 million are international •218,000 movements (take off and landings) •167 destinations, of which 135 are international •74 airlines, of which 67 are international • Three runways, four passenger terminals • 48 conference rooms and four hotels • 48 shops, 35 restaurants & cafés • 20,400 parking spaces • 15,000 employees
15 Group Communications 2008-03-17
Göteborg Landvetter Airport
•4.4 million passengers •63,250 movements (take off and landings) •50 non-stop routes, of which 43 are international •Approx 20 airlines and 50 charter destinations •Seven conference rooms as well as one hotel •20 shops, restaurants and cafés •10,000 parking spaces •Scandinavian cargo hub for intercontinental traffic •3,500 employees
16 Group Communications 2008-03-17
Malmö Airport
•1.9 million passengers •28,000 movements (take off and landings, passenger traffic) •34 destinations •11 airlines and travel agents •One hotel, three shops, five restaurants & cafés •3,400 parking spaces
• 18 cargo airlines handling 43,300 tonnes cargo • 1,500 employees
17
Group Communications
2008-03-17
Air Navigation Services (ANS)
ANS provides air traffic services for civil and military aviation • Air traffic management • Briefing • Telecommunications • Weather information for civilian air traffic
18
Group Communications
2008-03-17
Passenger development 2000-2011
(million passengers)
35 Total
30
25
20 International 15 Domestic 10 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
2008-03-17
19
Group Communications
2007 in brief (1)
• Number of passengers (international) • Number of landings (international) • Take-off tonnage +2% +5% –5% -1% +2%
• Airspace movements IFR +3% of which overflights +8%
20
Group Communications
2008-03-17
2007 in brief (2)
• Passengers, millions • Operating revenues, SEK M • Operating expenses, SEK M • Operating profit • Profit after financial items • Return on equity after tax equivalent • Equity/assets ratio • Investments, SEK M • No. of full-time equiv. employees
*Including a once-only increase of -1 113 SEK M in pension provisions due to new calculation regulations.
2007 30.1 6,273 -5,458 816 -545* -13% 19% 1,088 3,413
2006 29.6 5,980 -5,240 731 447 9% 23% 808 3,418
21
Group Communications
2008-03-17
Operating revenues 2007, SEK M
22
Group Communications
2008-03-17
Operating expenses 2007, SEK M
23
Group Communications
2008-03-17
Return and equity/assets ratio (%)
35 30 25 20 15 10 5 0 -5 -10 -15
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Return on equity
Equity/assets ratio
24
Group Communications
2008-03-17
Revenues and capital spending (SEK M)
8 000 7 000 6 000 5 000 4 000 3 000 2 000 1 000 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Capital spending
Revenues
25
Group Communications
2008-03-17
Five year summary
2007 •Operating revenues, SEK M •Operating expenses, SEK M •Operating profit •Profit after financial items •Equity/assets ratio •Return on equity after tax equivalent •No. of full-time equiv. employees
*Including a once-only increase of -1 113 SEK M in pension provisions due to new calculation regulations.
2006 5,980
2005 5,683
2004 5,821
2003 5,402
6,273
-5,458 -5,240 -5,132 816 -545* 19% -13% 3,413 731 447 23% 9% 3,418 544 238 21% 5% 3,489
-5,306 -5,109 508 124 20% 3% 3,786 284 -48 18% -1% 3,810
26
Group Communications
2008-03-17
The LFV Group’s challenges
• Aviations environmental conditions • Traffic development • Airport structure • Developing air navigation services • Cost efficiency and low capital spending • Commercial enterprise • Coping with a deterioration in economic activity
27 Group Communications 2008-03-17
Environmental development activities
• Green approaches Green approaches have reduced carbon dioxide emissions by 350 tonnes during 2007. • Energy A reduction of 14% in LFV’s total energy consumption during 2007. • Emissions of fossil carbon dioxide Emissions from LFV’s own operations have been reduced from 11,200 tonnes to 8,400 tonnes.
28 Group Communications 2008-03-17