Revenues were in the neighbourhood of 57 million
euros for the Group and 54 million euros for ANA, S.A.,
the revenue per passenger, clearly higher than the
growth in passenger traffic (see table “Sales and
retail revenues”).
The table above gives the values for sales and
revenues from retail activity, in which Porto airport
is the only exception to the trend for growth. At this
airport, the 2011 amount included an extra amount
that was invoiced under the rescission clause of the
licencing agreement with a concessionaire. If this 2011
amount is factored out of the equation, the variation
in revenue at this airport year on year would be +5%
and not -5%, as it appears in the accounts.
7.3.2_Real estate
The assets in the real estate portfolio of ANA, S.A.
are primarily buildings directly connected to airport
operations (passenger terminals, cargo facilities and
hangars) and commercial buildings located on the land
side of airports for use as offices, warehouses and,
since 2012, hotels.
In fact, ANA, S.A.’s strategy for developing “Three
hotels in three airports” progressed nicely in 2012, with
the achieving of important marks in the three new
hotels, which have a total area of 17,700 m
2
above
ground and will offer 380 rooms.
The Park Hotel Porto Aeroporto opened to the public
in March, and it has had a sustained growth in the
occupancy rate. This growth is aided by the hotel’s
location close to the airport and to public transport-
ation (the metro, in particular), the quality of its service
and the fact it has been declared to be of touristic
interest.
The entire 4 million euro investment for this hotel was
the responsibility of Park Hotel Porto Aeroporto, S.A.,
ANNUAL REPORT ‘12
BUSINESS REVIEW
64
Concessionaire sales (thousand euros)
300,371
15.0%
14,273
(5.7%)
314,644
13.9%
Airport revenues (thousand euros)
54,120
8.7%
2,892
(3.4%)
57,012
8.0%
Revenue/Sales
18.0%
(1.1 p.p.)
20.3%
1.1 p.p.
18.1%
(1.0 p.p.)
Commercial passengers (thousands)*
28,166
2.0%
2,306
(4.6%)
30,472
1.4%
Sales/Passenger (euros)
10.66
12.8%
6.19
1.9%
10.33
12.3%
Revenue/Passenger (euros)
1.92
6.6%
1.25
7.7%
1.87
6.4%
Var. % Group 2012 Var. %
ANA, S.A. 2012 Var. % ANAM, S.A. 2012
* Except Flores Airport
Sales and retail revenues
Concessionaire sales (thousand euros) 192,098
20.4%
48,237
9.9%
53,482
5.5%
6,554 (5.8%)
ANA, S.A. revenues (thousand euros)
36,159
12.4%
7,283
(5.1%)
9,683
6.7%
996 12.9%
Revenue/Sales
18.8%
(1.3 p.p.)
15.1%
(2.4 p.p.)
18.1%
0.2 p.p.
15.2% 2.5 p.p.
Commercial passengers (thousands) 15,301
3.5%
6,050
0.8%
5,672
1.0%
1,142 (5.9%)
Sales/Passenger (euros)
12.55
16.4%
7.97
9.1%
9.43
4.4%
5.74
0.2%
Revenue/Passenger (euros)
2.36
8.6%
1.20
(5.9%)
1.71
5.7%
0.87 20.1%
Var. %
Azores
airports
2012
Var. %
Faro
airport
2012
Var. %
Var. %
Porto
airport
2012
Lisbon
airport
2012
Sales and retail
revenues
by airport
