Die FBB betreibt den Flughafen Schönefeld und über ihre Tochtergesellschaft BFG den Flughafen Tegel. Im Jahr 2018 wurden an den Flughäfen rund 34,7 Millionen Passagiere befördert. Damit ist Berlin der drittgrößte Flughafenstandort in Deutschland. Um die nötigen Kapazitäten für die Zukunft zu schaffen, entsteht derzeit der neue Flughafen Berlin Brandenburg Willy Brandt am Standort Schönefeld.
Aufrufe
vor 1 Jahr

Annual Report 2017

  • Text
  • Berlin
  • Brandenburg
  • Flughafen
  • Consolidated
  • Assets
  • Aircraft
  • Measures
  • Tegel
  • Passengers
  • Terminal
Portraits, finances, prospects: Flughafen Berlin Brandenburg GmbH presents its key business segments, latest financial statements and most recent developments in the annual report.

→ 88 | Flughafen

→ 88 | Flughafen Berlin Brandenburg GmbH Discernible risks have been given due consideration in the annual financial statements by the formation of provisions. The possibility of additional risks cannot be completely excluded, but it is not possible at this time to quantify these with any degree of certainty. Off-balance-sheet transactions and other financial obligations There are other financial obligations in the amount of EUR 823.3 million. These obligations arise specifically from the following facts fixed by contract or commissioned: No. Other financial obligations 31.12.2017 mio. EUR 31.12.2016 mio. EUR 1 Noise protection measures 378.0 436.0 2 Order commitment from awarded investment contracts 346.1 349.1 3 Invoices for measures subject to capitalisation still under review 67.2 86.2 4 Payment obligations from leases and leasing agreements 29.4 23.1 5 Payment obligations for equalisation levy for sealing in accordance with the zoning resolution 2.6 2.6 Total 823.3 897.0 There is an obligation pursuant to the (supplementary) planning stipulation decision to initiate noise protection measures (Subclause 1) and/or make compensation payments. These obligations will amount to as much as EUR 378.0 million by the time of the operational startup. The awarded investment/consulting contracts (Subclause 2) essentially concern measures for BER, including the terminal, underground construction, planning, technical infrastructure as well as for expansion projects. Invoices for measures subject to capitalisation which had been received at FBB by the balance sheet key date, but which are still under review (Subclause 3), amount to EUR 67.2 million. The amount which would actually be reasonable for the claims submitted by the contractors with respect to these invoices has not been finally clarified. The obligations pursuant to the leases and leasing agreements (Subclause 4) end in the period between 2017 and 2027 and primarily relate to hereditary tenancy, office buildings, IT equipment, motor vehicles and office furniture. Derivative financial instruments The interest for the long-term external financing represents a major component of the payment obligations of FBB. The Company therefore secured its position in the event of an increase in interest rates and the resulting rise in financing costs by concluding interest rate swaps in December 2006. Each of these agreements has been concluded to hedge future cash flows. The risk that is to be secured is the change in value of

Our figures | 89 ← the interest payments for the long-term external financing resulting from changes in the 3-month Euribor interest rates. The objective of the interest hedge transactions is to establish a fixed interest rate for a part of the expected interest payments (3-month Euribor) and thus to secure the viability of the planning. The BER long-term financing with variable interest rates consisting of the EIB loan agreements as well as the old syndicated financing, both signed in 2009, served as the underlying transaction for the hedging until February 2017. In February 2017 the syndicated financing was restructured. The majority share was refinanced hereby through a fixed-interest tranche. Based on this initial situation the interest rate swaps were adjusted to the capital development of the EIB loan agreements in 2017. By the interest rate swaps the remaining share subject to variable interest rates is hedged against fluctuations in interest rates over a firmly agreed term until 2026. The EIB loan agreements have a term until 2034 respectively 2035. Risks from cash flow fluctuations in the amounts shown above are therefore excluded for future interest payments of the stated underlying transactions. In this period of time the contrary changes in value from the underlying and hedging transaction will be balanced out in full. The interest swaps and the loans to finance the construction of the BER create a micro-valuation unit in accordance with HGB. They are disclosed in the balance sheet in accordance with the net hedge presentation method. Changes in the value of the interest rate swaps are accordingly not disclosed in the balance sheet if they are balanced out by changes in value in the underlying transaction. The formation of a provision for impending losses would be required if there is a possibility of unrealised loss. The fair values per 31 December 2017 amount with a nominal value of about EUR 863.2 million to EUR -217.4 million. The market values of the swaps were determined by application of the discounted cash flow measurement. The future interest payments were discounted by the yield curve of 29 December 2017. The cash value of these payments represents the value of the swaps. The five swaps are amortising payer interest rate swaps. The prospective effectiveness of the hedging relationship is determined based on the Critical-Term-Match-Method. The Critical-Term-Match-Method assumes full effectiveness so that according to IDS RS HFA 35 margin note 59 a retrospective effectiveness test can be waived. As full effectiveness is to be assumed no provision for impending losses is to be formed for the fiscal year 2017. Section 314, no. 15a HGB requires disclosure in the notes of the amount of risk secured by the valuation units. Owing to the formation of the valuation unit, the swaps have a negative market value of EUR -217.4 million that is not to be taken into consideration.

Unsere Publikationen

Annual Report 2017
Geschäftsbericht 2017
Annual report 2016
Geschäftsbericht 2016
Annual Report 2015
Geschäftsbericht 2015
Geschäftsbericht 2014
Geschäftsbericht 2013
Annual Report 2012
Geschäftsbericht 2012
Geschäftsbericht 2011
Geschäftsbericht 2010
Annual Report 2009
Wegweiser Flughafen Tegel
Wegweiser Flughafen Schönefeld
Flugplan Sommer 2015 SXF/TXL Timetable Summer 2015
Flugplan Winter 2014/2015 SXF/TXL - Update
Flugplan Winter 2014/2015 SXF/TXL
Flugplan Sommer 2014 SXF/TXL
Flugplan Sommer 2014 SXF/TXL
Nachbarn 10/2018
Nachbarn 09/2018
Fluglaermbericht 2017
BER aktuell 06/2018
BER aktuell 04/2018
BER aktuell 02/2018
BER aktuell 01/2018
BER aktuell 12/2017
BER aktuell 11/2017
BER aktuell 10/2017
BER aktuell 09/2017
BER aktuell 08/2017
Fluglärmbericht 2016
BER aktuell 07/2017
BER-aktuell 01/2017
BER aktuell 12/2016
BER aktuell 11/2016
BER aktuell 10/2016
BER aktuell 09/2016
BER aktuell 08/2016
BER aktuell 07/2016
Schallschutzfibel
BER aktuell 06/2016
Fluglärmbericht 2015
BER aktuell 03/2016
BER aktuell 01/2016
BER aktuell 12/2015
BER aktuell 11/2015
BER aktuell 10/2015
BER aktuell 09/2015
BER aktuell 08/2015
BER aktuell 07/2015
Fluglärmbericht 2014
BER aktuell 06/2015
BER aktuell 05/2015
BER aktuell 04/2015
BER aktuell 03/2015
BER aktuell 02/2015
BER aktuell 01/2015
BER aktuell 12/2014
BER aktuell 11/2014
BER aktuell 10/2014
BER aktuell 09/2014
BER AKTUELL 08/2014
BER aktuell 07/2014
BER aktuell 06/2014
BER aktuell 01/2014
BER aktuell 05/2014
BER aktuell 04/2014
BER aktuell 03/2014
BER aktuell 02/2014
BER aktuell 12/2013
BER aktuell 11/2013
BER aktuell 10/2013
BER aktuell 09/2013
Umweltbericht 2016
Fluglärmbericht 2016
Umweltbericht 2014
Fluglärmbericht 2014
Fluglärmbericht 2013
Umweltbericht 2012
Fluglärmbericht 2012
Umweltbericht 2011
Gate 66 Frühjahr 2012
Gate 70 Sommer 2013
Gate 67 Herbst 2012
Gate 68 Winter 2012
Gate 69 Frühjahr 2013
Berlin Brandenburg Flughafen Consolidated Assets Aircraft Measures Tegel Passengers Terminal

News