At a GlanceKey figures

Key economic figures

Results of operations, net assets, and financial position

In € million 2018 2017 2016 Change in % 2018/17
Group revenue 1,508.8 1,468.7 1,364.1 2.7
Of which Aviation in % 54 54 53  
Of which Non-Aviation in % 46 46 47  
EBITDA 538.1 520.0 529.0 3.5
EBIT 322.2 302.4 289.9 6.6
Consolidated earnings after taxes (EAT) 148.7 158.8 151.6 -6.4
EBITDA margin in % 35.7 35.4 38.8  
EBITDA/Pax in € 11.6 11.7 12.5 -0.9
EBIT margin in % 21.4 20.6 21.3  
ROCE 1) in % 7.4 6.9 6.6  
Cash flow from operating activities 468.3 381.9 528.8 22.6
Investments 204.7 136.3 274.9 50.1
Free cash flow 271.7 265.2 257.0 2.5
Equity 2,212.5 2,086.3 1,942.9 6.1
Equity ratio in % 41.3 39.3 37.1  
Net debt 2,079.4 2,221.5 2,393.0 -6.4
Net debt/EBITDA 3.9 4.3 4.5  
Net gearing (net debt/equity) in % 94 106 123  
1) ROCE = EBIT/(equity + net debt + ongoing employee benefits).

Key environmental figures

CO2 emissions

In tonnes 2018 2017 2016 Change in % 2018/17
Direct emissions Scope 1 87,341 88,668 85,262 -1.5
Indirect emissions Scope 2 15,045 17,237 16,329 -12.7
Other indirect emissions Scope 3 47,719 46,154 49,024 3.4
Total annual CO2 emissions open to influence 150,105 152,059 150,614 -1.3

Specific CO2 emissions

In kilograms 2018 2017 2016 Change in %
2018/17
CO2 emissions per passenger 3.24 3.41 3.56 -4.7%

Drinking water and wastewater

In cubic meters 2018 2017 2016 Change in % 2018/17
Volume of purchased drinking water 986,580 1,016,708 1,050,791 -3.0
Drinking water consumption per 1,000 TU 1) 19.8 21.0 23.0 -5.7
Total wastewater discharged 2,404,292 2,336,314 2,278,602 2.9
Wastewater per 1,000 TU 1) 48.2 48.3 49.8 0.2
1) Traffic units.        

Key social figures

Employee structure 1)

Number 2018 2017 2016 Change in % 2018/17
Total 9,626 9,413 8,502 2.3
Women in % 33.14 33.47 33.39 -1.0
Men in % 66.86 66.53 66.61 0.5
Full-time in % 79.75 76.07 80.30 4.8
Part-time in % 20.25 23.93 19.70 -15.4
< 30 years in % 15.92 16.11 16.48 -1.2
30–50 years in % 52.17 53.26 53.05 -2.1
> 50 years in % 31.91 30.64 30.48 4.1
1) Reporting date: December 31: Figures exclude apprentices, workers in minor employment, temporary workers, and interns

Apprentices

Number 2018 2017 2016 Change in % 2018/17
Total 277 275 274 0.7

Occupational health and safety

Number 2018 2017 2016 Change in %
2018/17
Reportable occupational accidents 231 225 195 2.7
Resulting days of absence 5,820 5,761 4,331 1.02
Rate per 1,000 workers 26.55 26.42 24.50 0.5

Key operating figures

Revenue

In € million

  • In 2018, Munich Airport increased revenue by 2.7 percent to around € 1.51 billion.
  • In terms of revenue from airport charges, passenger and landing charges made the largest contribution of growth in revenue.

Passengers

In millions

  • In 2018, the passenger figures rose by just under 1.7 million, or 4 percent, to a new peak of 46.3 million.
  • With that, the annual passenger volume at Munich Airport has already more than doubled since the turn of the century.

Key management figures

Munich Airport has defined three key performance indicators to measure the development of the company. These key performance indicators are a measure of doing business in a sustainable and integrated manner and influence the variable remuneration components for managers.

Consolidated earnings before taxes (EBT)

In € millions

1) Value adjusted in accordance with IAS 8

CO2 reductions

In tonnes

  • Munich Airport wants to be the first carbon-neutral airport in Germany by 2030.
  • The objective for 2018 was clearly exceeded with this result.

Passenger experience index (PEI)

In percent

  • Since 2017, the Passenger experience index (PEI) has replaced the Airport Service Quality value as a non-financial key performance indicator.
  • In 2018, an indicator was used as a target value that differs from 2017.

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