IR Presentation 6M 2020 6M Traffic FINAL · 6 IR Presentation I 6M 2020 Results I 6M 2020 Traffic...

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IR Presentation

Dr. Matthias Zieschang

6M 2020 Results I 6M 2020 Traffic

Disclaimer

This document has been prepared by Fraport solely for use in this presentation.

The information contained in this document has not been independently verified. No representation or warranty – whether express orimplied – is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information oropinions contained therein. Neither the company nor any of its affiliates, advisors or representatives shall have any liability whatsoever (innegligence or otherwise) for any loss arising from any use of this document or its content or otherwise arising in connection with thisdocument.

This document does not constitute an offer or invitation to purchase or subscribe for any shares and neither this document nor any part ofit shall form the basis of, or be relied upon in connection with, any contract or commitment whatsoever.

This document contains forward-looking statements that are based on current estimates and assumptions made by the management ofFraport to the best of its knowledge. Such forward-looking statements are subject to risks and uncertainties, the non-occurrence oroccurrence of which could cause the actual results – including the financial condition and profitability of Fraport – to differ materially fromor be more negative than those expressed or implied by such forward-looking statements. This also applies to the forward lookingestimates and forecasts derived from third-party studies. Consequently, neither the company nor its management can give any assuranceregarding the future accuracy of the opinions set forth in this document or the actual occurrence of the predicted developments.

By accepting this document, you agree with the foregoing.

IR Presentation I 6M 2020 Results I 6M 2020 Traffic2

4

3

2

1 I 6M 2020 Results

2 I Business Update

3 I Outlook

4 I Appendix

7941

Financials massively impacted by lower Traffic


Group EBITDA Group result after minorities€ mil.

Negative traffic performance, predominantly starting in March, leads to lower Group revenue of -48% (excl. IFRIC 12)

EBITDA also being impacted by negative traffic, down 96%

Financial Result down due to negative result from at equity consolidated investments

Group result negative at EUR -211mn

Negative EPS of EUR -2.29

Group revenue

1,783

911

6M 2020 Results

1Revenue excluding IFRIC 12

1,5141

6M 2019 6M 2020

512

23

6M 2019 6M 2020

157

-211

6M 2019 6M 2020

Segment Overview – P&L


Aviation 6M 2020 6M 2019 %

Revenue 251.6 494.7 -49.4

- Aviation charges1 176.5 389.4 -54.7

- Security services 58.8 80.6 -27.0

- Other revenue 16.3 24.7 -34.0

EBITDA -76.5 121.9 >-100

EBIT -148.7 43.4 >-100

Retail & Real Estate 6M 2020 6M 2019 %

Revenue 157.5 241.3 -34.7

- Retail 48.1 104.3 -53.9

- Real Estate 79.8 82.7 -3.5

- Parking 26.4 50.0 -47.2

- Other revenue 3.2 4.3 -25.6

EBITDA 123.8 196.5 -37.0

EBIT 77.5 152.0 -49.0

Ground Handling 6M 2020 6M 2019 %

Revenue 182.1 345.2 -47.2

- Ground Handling 98.0 174.4 -43.8

- Infrastructure 72.9 157.4 -53.7

- Other revenue 11.2 13.4 -16.4

EBITDA -60.3 23.6 >-100

EBIT -81.6 0.1 >-100

Int‘ Activities & Services 6M 2020 6M 2019 %

Revenue 319.4 701.8 -54.5

Revenue excl. IFRIC 12 202.3 432.7 -53.2

EBITDA 35.6 169.5 -79.0

EBIT -57.4 83.6 >-100

6M 2020 Results

1Aviation charges incl. reimbursements to airlines based on growth incentives.

Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures

Q2 2020 Group Opex Reduction:

Staff cost c.-36% I

Non-staff cost excl. IFRIC 12 c.-43%


Performance of Major Airport Investments

Figures refer to IFRS accounting, not local GAAP, percent changes based on unrounded figures

1) Revenue adjusted by IFRIC 12: Fortaleza + Porto Alegre 6M 2020: €23.5mn (6M 2019: €43.5mn); Q2 2020: €2.2mn (Q2 2019: €20.5mn); Lima 6M 2020: €83.0mn (6M 2019: €168.7mn);

Q2 2020: €8.3mn (Q2 2019: €86.9mn); Fraport Greece 6M 2020: €27.9mn (6M 2019: €103.1mn); Q2 2020: €6.8mn (Q2 2019: €80.5mn); Antalya 6M 2020: €25.3mn (6M 2019: €136.4mn);

Q2 2020: €3.7mn (Q2 2019: €112.5mn) 2) Sum of the Group companies Fortaleza and Porto Alegre.3) Fraport Regional Airports of Greece A and Fraport Regional Airports of Greece B are collectively referred to as “Fraport Greece”4) Share of voting rights: 51%, dividend share: 50 %

in € million

Share in

% Revenue1) EBITDA EBIT Result

6M 2020 6M 2019 Δ % 6M 2020 6M 2019 Δ % 6M 2020 6M 2019 Δ % 6M 2020 6M 2019 Δ %

Fraport USA 100 21.8 38.6 –43.5 8.8 24.6 –64.2 –13.8 2.7 – –17.1 –1.7 –

Fraport Slovenija 100 9.4 22.6 –58.4 0.1 8.5 –98.8 –6.1 3.3 – –5.6 2.6 –

Fortaleza +

Porto Alegre2) 100 55.4 162.8 –66.0 4.8 17.8 –73.0 –4.4 11.7 – –8.6 4.9 –

Lima 80.01 117.7 215.4 –45.4 29.7 65.4 –54.6 22.2 58.2 –61.9 11.7 40.5 –71.1

Fraport Greece3) 73.4 78.4 206.2 –62.0 –15.0 46.8 – –41.1 23.1 – –67.4 –19.2 –

Twin Star 60 4.5 18.2 –75.3 –3.3 7.6 – –9.1 1.6 – –10.9 –0.3 –

in € million

Share in

% Revenue1) EBITDA EBIT Result

6M 2020 6M 2019 Δ % 6M 2020 6M 2019 Δ % 6M 2020 6M 2019 Δ % 6M 2020 6M 2019 Δ %

Antalya 51/504) 25.3 138.0 –81.7 9.7 112.8 –91.4 –47.0 57.6 – –68.9 27.2 –

Thalita/Northern Capital

Gateway 25 57.6 132.3 –56.5 13.4 75.9 –82.3 –3.6 58.5 – –60.8 6.4 –

Xi'an 24.5 67.0 130.7 –48.7 3.0 58.0 –94.8 –20.8 34.0 – –18.8 30.4 –

6M 2020 Results


Capex figures including down payments to EPC companies

1 = Capex in airport op. projects, other intangible assets, PPE, investment property, and at equity

investments. No consideration of one-time payments for acquisitions

2 = OCF – IFRS 16 – Capex + Dividends from at equity investments

3 = Year-end 2019 figures

in € mil.

-97-44

-6

FRA

T3

Greece

capex

Brazil

capex

Other Net debt

June 30, 2020

-68

Free Cash Flow 6M 2020: € -653 mil.

4,147

Other

capex

mostly FRA

Lima

capex

Fixed

concession

payments

-214

Comments

› Notable decrease in OCF due to operational performance driven by the

impacts of the Coronavirus-pandemic

› Negative free cash flow due to ongoing capex programs, esp. Terminal 3

in Frankfurt as well as investments in international assets

› Net debt exceeds EUR 4.7bn, Gearing exceeds 115%

€ mil. 6M 2020 6M 2019 %

Operating cash flow -97 368 >-100

OCF before work. cap. changes -25 407 >-100

Capex1 541 707 -23.5

Free cash flow 2 -653 -306 >-100

Net debt 4,765 4,1473 +14.9

Equity 4,294 4,6233 -7.1

Gearing ratio 115.2 93.33 +21.9PP

FCF negative due to Capex and COVID-19 Impacts on OCF

-17 +35

IFRS

16OCFNet debt

YE 2019

-17

-30

-161

IAS 23

borrowing

cost

4,765

6M 2020 Results

+1

Divs from

at equity

companies

1.156

1.569

550 -653

-179

1.275

580

793

1.373

1.244Of which:

Frankfurt EUR 500 mn

Brazil EUR 80 mn

Of which:

Frankfurt EUR 1.003 mn

Lima EUR 109 mn

Brazil EUR 43 mn

Greece EUR 173 mn

Other EUR 241 mn

8

Repayments

and revaluation

6M 2020

Cash Position

Dec. 31, 2019

FCF

6M 2020

Cash Position

June 30, 2020

Group

Liquidity

€ mn

Financing Activities boost Liquidity to just under €3bn

Secured

Credit Lines

Total

2,149

1,706

IR Presentation I 6M 2020 Results I 6M 2020 Traffic

1,569

Bond

placement

in July*

Secured Cash

Position incl.

July finance

2,942

Additional

Financing

6M 2020

6M 2020 Results

* Bond nominal value € 800 mn, € 793 mn incl. disagio and fees

1.570

6,334

193454 391 534 386 505 434 631 487 553 443832 28

4033 40 50

62 67 76 6498

8 9 1011 12 12

163

0

500

1.000

1.500

2.000

2.500

3.000

3.500

4.000

4.500

5.000

5.500

6.000

6.500

Liquidity asof Jun 30,

2020

FinancialLiabilities

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030++

9

Maturity Profile & Cash Position as at June 30, 2020

* incl. RCF of €77mn

IR Presentation I 6M 2020 Results I 6M 2020 Traffic

€ mil.

€ 1.09 bn Greece debtAverage debt condition

~ 2.1 % interest rate

€ 240 mn Brasil debt

€5.00 bn Fraport AG debt

*

2,149

1,569

6M 2020 Results

1 I 6M 2020 Results

2 I Business Update

3 I Outlook

4 I Appendix


Business Update

COVID-19 Market Environment

International ActivitiesFrankfurt

- Lima: Airport was temporarily closed (mid March-July 14th),

domestic travel started again on July 15th

- Ljubljana: Airport was temporarily closed (mid March-

May 11th), quarantine requirements in place

- Fraport Brasil: International traffic still basically stopped, domestic

flights ramping up slowly

- Fraport Greece: Opened up for international flights again in July

- Twin Star: Opened up for international flights again end of June

- Fraport USA: Quarantine requirements heavily impact demand

- Antalya: Airport was temporarily closed (beginning of April-June

1st ), Turkey still designated as risk area for key German market

- St. Petersburg: International traffic stopped (expected at least till

September)

- Xi’An: Ongoing recovery since March

- Delhi: Limited domestic flight plan in place since end of May

- Since 21 June 2020, entry restrictions for Germany have been

removed for travelers from EU and Schengen countries, States

associated with Schengen and the UK

- Since 02 July 2020, unrestricted travel to Germany is possible from

Australia, Georgia, Canada, New Zealand, Thailand, Tunisia and

Uruguay

- A travel warning is still in place for all other countries until the

end of August for the time being. Exceptions for individual

countries may be made before this date

- Travelers entering from regions designated as risk areas are still

required to go into quarantine if they do not have an up-to-date

negative coronavirus test; tests may become mandatory

- Travelers already have the possibility to be tested at Frankfurt

Airport since end of June

Update as of

August 4th, 2020


Business Update

COVID-19 turns Traffic clearly negative

Airport operationsFraport

Share

JUN

2020

D

previous

year

YTD

2020

D

previous

year

FY

2019

D

previous

year

FY

2018

D

previous

year

Frankfurt 100% 599k -90.9% 12,176k -63.8% 70,556k +1.5% 69,510k +7.8%

Brazil 100% 123k -89.4% 3,705k -50.1% 15,517k +3.9% 14,915k +7.0%

Ljubljana 100% 5k -97.3% 197k -77.1% 1,721k -5.0% 1,812k +7.7%

Lima 80.01% 4k -99.8% 5,040k -55.5% 23,579k +6.6% 22,118k +7.3%

Greek regionals 73.4% 190k -95.7% 1,763k -83.9% 30,153k +0.9% 29,877k +8.9%

Bulgaria 60% 38k -95.6% 253k -82.4% 4,970k -10.7% 5,558k +12.2%

Antalya 51% 139k -97.1% 2,474k -81.3% 35,483k +10.0% 32,269k +22.5%

St. Petersburg 25% 435k -78.1% 4,150k -52.7% 19,581k +8.1% 18,122k +12.4%

Xi‘an 24.5% 2,621k -31.7% 11,467k -49.9% 47,221k +5.7% 44,653k +6.7%

7 Assets with Passenger Growth in 2019following strong 2018 Performances

All Assets negative due to COVID-19

FRA July

Continental ~-75%

Intercontinental ~-92%


Business Update

Frankfurt Recent Developments

70,7%

32,5%

0,0%

20,0%

40,0%

60,0%

80,0%

100,0%

1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31

Seat Load Factor

Continental Intercontinental

29%

21%0%

20%

40%

60%

80%

100%

1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31

Supply (Seats)*

Continental Intercontinental * compared to 2019

0

50

100

150

200

Summer 2019 Summer 2020

Lufthansa Destinations

Continental Intercontinental

~75% restored*

~50% restored*

CW CW

0

40.000

80.000

120.000

160.000

200.000

240.000

1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31

Average PAX/day

2020 2019

CW

-78.6%

* Less frequencies than in 2019

Lufthansa has doubled its Train to Flight

Offering in Germany

• Lufthansa with Deutsche Bahn, is connecting

16 German cities and the city of Basel with

Frankfurt Airport by train

• Lufthansa passengers arriving or departing in

Frankfurt can use their boarding pass to travel

to or from Frankfurt Airport on the train

• Recently, Hanover, Leipzig, and Basel have

been added to the network and the offering

has been doubled

• In total, 123 Deutsche Bahn rail services per

day have a Lufthansa flight number, all going

via Frankfurt Airport


Business Update

Lufthansa strengthens its position in Frankfurt

Lufthansa and Fraport to found strategic joint

venture „FRA Alliance“

• Lufthansa and Fraport join forces to develop

Frankfurt Airport Terminal 1 together

• The aim is to further improve the strategic and

operational cooperation between Fraport and

Lufthansa

• Close cooperation in the fields of operational

procedures, increasing effiency and

infrastructure development

• No assets will be brought into the joint

venture by the two partners


Business Update

Traffic Trends in International Airport Portfolio

in thousand passengers

Lima St. Petersburg

Antalya

KW 31

(27.-02.)

KW 28

(06.-12.)

KW 29

(13.-19.)

232,0

KW 30

(20.-26.)

71,8142,3

82,3

301,888,8

379,493,5

Int. PAX

Dom. PAX

(-71%)

(-53%)

(-64%)

(-51%)

(-86%)

(-61%)

(-78%)

(-56%)

(-100%)(-84%)

(-100%)(-83%)

(-100%)(-94%)

(-100%)(-93%)

(-100%)(-80%)

(-100%)(-82%)

(-100%)(-84%)

(-100%)(-83%)

0,0

0,0

26,6

KW 28

(06.-12.)

KW 29

(13.-19.)23,0

KW 30

(20.-26.)

0,0

18,3

KW 31

(27.-02.)

0,014,7

0,0

0,0

0,024,8

27,3

26,90,0

28,4

FOR Int.

FOR Dom.

POA Int.

POA Dom.

60,5

KW 28

(06.-12.)

KW 29

(13.-19.)

KW 30

(20.-26.)

KW 31

(27.-02.)

42,2

66,5

53,2

Varna & Burgas

KW 30

(20.-26.)

KW 28

(06.-12.)

KW 29

(13.-19.)

4,6

6,1KW 31

(27.-02.)

5,4

5,5

Ljubljana

(-78%)

(-85%)

(-82%)

(-77%)

(-87%)

(-90%)

(-89%)

(-88%)

52,4

KW 30

(20.-26.)

75,9

KW 28

(06.-12.)

KW 29

(13.-19.) 58,7

44,7

KW 31

(27.-02.)

105,2

63,8

136,4

68,9

Int. PAX

Dom. PAX

2,0

1,0

1,0

2,0

221,0

254,0

272,0

294,0

KW 29

(13.-19.)

KW 28

(06.-12.)

KW 30

(20.-26.)

KW 31

(27.-02.)

Int. PAX

Dom. PAX

(-99%)

(-0%)

(-99%)

(-29%)

(-99%)

(-12%)

(-99%)

(-5%)

629,0

692,3

758,0

764,0

KW 28

(06.-12.)

KW 29

(13.-19.)

KW 27

(29.-05.)

KW 30

(20.-26.)

Xi’an (-33%)

(-28%)

(-21%)

(-23%)

(-87%)

(-55%)

(-96%)

(-65%)

(-93%)

(-62%)

(-90%)

(-59%)

18,8

27,6

30,2

0,00,0KW 28

(06.-12.)

KW 29

(13.-19.)

KW 30

(20.-26.)

0,0

0,0

KW 31

(27.-02.)

0,0

Int. PAX

Dom. PAX

(-100%)

(-100%)

(-100%)

(-93%)

(-100%)

(-90%)

(-100%)

(-90%)

Brazil

Greece


Business Update

Cash Preservation

1 I Opex Reduction

I Short term

2 I Capex Reduction

I Mid term

2 I Capex Reduction

I Short term I Mid term


Business Update

Opex Reduction

1 I Short term

I Short time work

I Infrastructure adaption

I All non-staff items

I Significant Reduction of Personnel

I Infrastructure adaption

I All non-staff items

2 I Mid term


Business Update

Capex Reduction

1 I Short term 2 I Mid term

Frankfurt Other Capex sustainably lowered to:

€~200-250mn p. a.

= €~1bn Savings over next 7Y

T3 Inauguration delayed to 24/25

Capex profile stretched

Lima Terminal Construction under review

USD1+bn Program

Brazil & Greece Completion of major Programs

Maintenance levels

of ~20-30mn p.a. thereafter

2 I Business Update

3 I Outlook

1 I 6M 2020 Results

4 I Appendix


2019 Results Corona impact

Passengers FRA 70.6 mil.Down in high double digit

percentage range

Revenue excl. IFRIC 12 € 3.26 bn Clear negative development

EBITDA € 1,180 mil. Very clear negative development

EBIT € 705 mil. Expected to be negative

Group result before minorities € 454 mil. Expected to be clearly negative

Dividend proposal € 2.00 / share € 0.00 / share

Outlook

Clearly negative due to CoronaDuration and magnitude of

Coronavirus impact not

yet fully assessible

2 I Business Update

3 I Outlook

1 I 6M 2020 Results

4 I Appendix


Group P+LAppendix

€ million 6M 2020 6M 2019 Q2 2020 Q2 2019

Revenue 910.6 1,783.0 249.5 979.2

Change in work-in-process 1.0 0.2 0.8 0.0

Other internal work capitalized 18.5 18.2 8.9 9.4

Other operating income 25.0 23.3 13.9 5.8

Total revenue 955.1 1,824.7 273.1 994.4

Cost of materials –366.3 –612.3 –144.0 –324.1

Personnel expenses –497.2 –618.5 –204.6 –318.4

Other operating expenses –69.0 –82.4 –31.0 –41.0

EBITDA 22.6 511.5 –106.5 310.9

Depreciation and amortization –232.8 –232.4 –116.0 –117.9

EBIT/Operating result –210.2 279.1 –222.5 193.0

Interest income 14.5 20.1 7.3 11.2

Interest expenses –86.0 –105.1 –38.1 –55.2

Result from companies accounted for using the equity method –45.9 16.1 –25.3 26.9

Other financial result 18.7 4.6 17.3 2.4

Financial result –98.7 –64.3 –38.8 –14.7

EBT/Result from ordinary operations –308.9 214.8 –261.3 178.3

Taxes on income 77.5 –49.9 65.6 –41.4

Group result –231.4 164.9 –195.7 136.9

thereof profit attributable to non-controlling interests –20.1 7.7 –13.4 10.2

thereof profit attributable to shareholders of Fraport AG –211.3 157.2 –182.3 126.7

Earnings per €10 share in €

basic -2.29 1.70 -1.97 1.37

diluted -2.28 1.70 -1.97 1.37


Group Cash FlowAppendix

€ million 6M 2020 6M 2019 Q2 2020 Q2 2019

Result attributable to shareholders of Fraport AG –211.3 157.2 –182.3 126.7

Result attributable to non-controlling interests –20.1 7.7 –13.4 10.2

Adjustments for

Taxes on income –77.5 49.9 –65.6 41.4

Depreciation and amortization 232.8 232.4 116.0 117.9

Interest result 71.5 85.0 30.8 44.0

Gains/losses from disposal of non-current assets –0.5 0.2 –0.6 0.2

Others –30.8 –18.9 –25.7 –3.4

Changes in the measurement of companies accounted for

using the

equity method 45.9 –16.1 25.3 –26.9

Changes in inventories –0.1 0.8 –1.1 0.3

Changes in receivables and financial assets 38.1 –40.0 –7.9 –44.2

Changes in liabilities –36.5 32.3 –33.7 47.1

Changes in provisions –72.9 –32.9 –30.9 –21.3

Operating activities –61.4 457.6 –189.1 292.0

Financial activities

Interest paid –32.5 –32.6 –26.0 –27.7

Interest received 11.9 8.8 2.4 4.6

Paid taxes on income –14.6 –66.3 24.0 –30.4

Cash flow used in/from operating activities –96.6 367.5 –188.7 238.5

€ million 6M 2020 6M 2019 Q2 2020 Q2 2019

Investments in airport operating projects –156.9 –378.2 –59.2 –200.0

Capital expenditure for other intangible assets –5.8 –9.1 –2.7 –6.9

Capital expenditure for PPE –357.9 –318.4 –195.4 –96.7

Capital expenditure for "Investment property" –18.9 –0.7 –9.2 –0.6

Investments in companies acc. for using the equity method –1.2 –0.6 0.0 –0.6

Sale of consolidated subsidiaries 0.0 4.5 0.0 0.0

Divs from companies accounted for using the equity method 1.4 56.6 1.4 18.4

Proceeds from disposal of non-current assets 0.4 1.7 0.0 1.2

Cash flow used in investing activities excluding

investments in cash deposits and securities –538.9 –644.2 –265.1 –285.2

Financial investments in securities and promissory note loans –253.0 –80.5 –245.1 –0.7

Proceeds from disposal of securities & promissory note loans 144.6 98.8 120.7 55.3

Increase/decrease of time deposits with term of 3+ months –425.2 –20.6 –335.1 0.2

Cash flow used in investing activities –1,072.5 –646.5 –724.6 –230.4

Dividends paid to shareholders of Fraport AG 0.0 –184.8 0.0 –184.8

Dividends paid to non-controlling interests –0.6 –1.1 –0.6 –1.1

Transactions with non-controlling interests 0.0 –40.3 0.0 –40.3

Cash inflow from long-term financial liabilities 1,454.3 790.8 926.1 201.4

Repayment of long-term financial liabilities –58.8 –211.3 –2.1 –89.6

Changes in current financial liabilities –329.4 –102.8 –240.3 33.9

Cash flow from financing activities 1,065.5 250.5 683.1 –80.5

Changes in restricted cash and cash equivalents 17.4 30.1 17.1 –5.2

Change in cash and cash equivalents –86.2 1.6 –213.1 –77.6

Cash and cash equivalents as at January 1 and April 1 543.5 598.2 659.7 682.8

F/X translation effects on cash and cash equivalents –19.2 4.1 –8.5 –1.3

Cash and cash equivalents as at June 30 438.1 603.9 438.1 603.9


Group Financial PositionAppendix

Assets

€ million June 30, 2020 Dec. 31, 2019

Non-current assets

Goodwill 19.3 19.3

Investments in airport operating projects 3,216.2 3,284.1

Other intangible assets 125.0 131.1

Property, plant and equipment 7,045.0 6,837.9

Investment property 113.0 93.3

Investments in companies accounted for using the

equity method 178.2 242.2

Other financial assets 442.7 503.0

Other receivables and financial assets 202.3 193.7

Deferred tax assets 151.3 78.6

11,493.0 11,383.2

Current assets

Inventories 23.7 23.6

Trade accounts receivable 126.7 203.1

Other receivables and financial assets 387.8 203.3

Income tax receivables 20.9 25.2

Cash and cash equivalents 1,091.3 788.9

1,650.4 1,244.1

Total 13,143.4 12,627.3

Liabilities and equity

€ million June 30, 2020 Dec. 31, 2019

Shareholders’ equity

Issued capital 923.9 923.9

Capital reserve 598.5 598.5

Revenue reserves 2,612.7 2,920.7

Equity attributable to shareholders of Fraport AG 4,135.1 4,443.1

Non-controlling interests 159.1 180.1

4,294.2 4,623.2

Non-current liabilities

Financial liabilities 6,044.2 4,746.8

Trade accounts payable 40.9 41.4

Other liabilities 1,215.6 1,279.4

Deferred tax liabilities 211.4 212.7

Provisions for pensions and similar obligations 39.0 40.2

Provisions for income taxes 86.7 69.7

Other provisions 139.3 158.7

7,777.1 6,548.9

Current liabilities

Financial liabilities 289.6 556.5

Trade accounts payable 297.8 297.3

Other liabilities 317.9 347.0

Provisions for income taxes 28.2 59.7

Other provisions 138.6 194.7

1,072.1 1,455.2

Total 13,143.4 12,627.3


EBITDA

6M 2019

Aviation

charges1

Other

income

Staff

cost

Other

opexEBITDA

6M 2020

122 -213

-8

-77

-22 +27+16

Security

services

Other

revenue

in € mil.

+1

Aviation

EBITDA € -199mil.

Appendix

1Aviation charges incl. reimbursements to airlines based on 2019 growth incentives.


EBITDA

6M 2019Retail Other

income

Staff

cost

Other

opex

EBITDA

6M 2020

197 -56

-24

124

-3

+9

Real

Estate

Other

revenue

-3

Parking

-1 +5

in € mil.

Retail & Real Estate

EBITDA € -73mil.

Appendix


in € mil.

-85

-2

+63

EBITDA

6M 2019

Other

income

Staff

cost

Other

opexEBITDA

6M 2020

GH

revenue

Other

revenue

Infrastructure

charges

-60

-7624

Ground Handling

EBITDA €-84mil.

+2

Appendix

+14


USA

-1

EBITDA

6M 2019

Brasil LimaGreece Other

-13

-11

-36

36

Twin Star Slovenija EBITDA

6M 2020USA

-62

-8

-16 +12

EBITDA

in € mil.

International Activities & Services

EBITDA € -134mil.

Appendix

170


Western Europe

41%

-66%D

Domestic

11%

-64%D

Eastern Europe

9%

-66%DNorth America

12%

-64%DFar East

10%

-64%DMiddle East

6%

-58%DAfrica

6%

-55%DLatin America

5%

-46%D

Frankfurt Airport

Continental

60%

-66%D

Intercontinental

40%

-60%D

6M 20 Frankfurt Passenger SplitAppendix


Appendix

FY 2019 Frankfurt Passenger Split

Western Europe

44%

+1%D

Domestic

11%

-3%D

Eastern Europe

9%

+3%DNorth America

13%

+4%DFar East

10%

+1%DMiddle East

5%

+2%DAfrica

5%

+9%DLatin America

3%

+4%D

Frankfurt Airport

Continental

64%

+0.4%D

Intercontinental

36%

+3.4%D


Business Update

COVID-19 Infection RatesN

ew

in

fect

ion

sp

er

100,0

00 in

hab

itan

ts(r

ollin

g14-d

ays

avera

ge)

0

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23.03.202009.03.2020 06.04.2020 20.04.2020 01.06.202004.05.2020 15.06.202018.05.2020 29.06.2020 13.07.2020 27.07.2020

Source: ECDC – European Centre for Disease Prevention and Control

USA

India

Brazil

Bulgaria

China

Germany

Greece

Peru

Russia

Slovenja

Turkey


Appendix

Dates

6M 9M

2020 Financial Calendar

3M AGM

Mar 13, 2020 May 6, 2020 Aug 4, 2020 Nov 4, 2020May 26, 2020

FY

2020 Traffic Calendar

Oct 13, 2020 Nov 12, 2020 Jan 18, 2021Dec 11, 2020

3M 4M 5M 6M

Apr 12, 2019 Jul 13, 2020Jun 15, 2020

Sep 11, 2020

7M

Aug 13, 2020

8M 9M 10M 11M 12M

May 14, 2020

2020 Traffic Calendar

Apr 15, 2020


IR Contact

T: +49 69 690 - 74840

F: +49 69 690 - 74843

M: [email protected]

www.meet-ir.com

Thank you for your Attention!

Postal

Fraport AG

Frankfurt Airport Services Worldwide

60547 Frankfurt am Main

Germany

mailto:[email protected]

http://www.meet-ir.com/

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