In 2019, Malta International Airport welcomed over 7 million passengers of which around 2.7 million were inbound tourists. 33 airlines connected the Maltese islands to more than 125 destinations in 43 countries.
Airport activity at this level makes MIA one of the best connected in its class. In addition, economic activity involving aviation and non-aviation enterprises contributed to more than 20,000 jobs in 2019, representing 7% of all jobs in Malta. Since opening in 1992, and later becoming privatised in 2002, the air terminal has received continuous investment in infrastructure, equipment, personnel, and services.
Malta’s airport features two runways and can land any class of commercial aircraft.
1958
Served areaMalta
HeadquartersMalta Int. Airport Street, LQA 4000 Luqa – Malta
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
---|---|---|---|
Assets | N/A | 234,998,210.00 | 242,654,035.00 |
Noncurrent Assets | N/A | 196,142,723.00 | 193,187,235.00 |
Property Plant And Equipment | N/A | 171,757,898.00 | 169,640,302.00 |
Investment Property | N/A | 15,279,512.00 | 15,297,885.00 |
Noncurrent Receivables | N/A | 1,341,670.00 | 1,928,319.00 |
Deferred Tax Assets | N/A | 7,763,643.00 | 6,320,729.00 |
Current Assets | N/A | 38,855,487.00 | 49,466,800.00 |
Inventories | N/A | 834,888.00 | 885,064.00 |
Trade And Other Current Receivables | N/A | 6,973,317.00 | 15,866,734.00 |
Cash and cash equivalents | 28,174,981.00 | 26,047,282.00 | 22,215,002.00 |
Shortterm Deposits Not Classified As Cash Equivalents | N/A | 5,000,000.00 | 10,500,000.00 |
Equity And Liabilities | N/A | 234,998,210.00 | 242,654,035.00 |
Equity | 129,043,056.00 | 124,792,626.00 | 131,766,580.00 |
Issued Capital | N/A | 33,825,000.00 | 33,825,000.00 |
Retained Earnings | N/A | 90,967,626.00 | 97,941,580.00 |
Liabilities | N/A | 110,205,584.00 | 110,887,455.00 |
Noncurrent Liabilities | N/A | 65,876,344.00 | 64,400,025.00 |
Noncurrent Payables | N/A | 2,340,067.00 | 607,538.00 |
Current Liabilities | N/A | 44,329,240.00 | 46,487,430.00 |
Trade And Other Current Payables | N/A | 43,992,610.00 | 43,885,907.00 |
Current Tax Liabilities Current | N/A | 336,630.00 | 2,601,523.00 |
Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
---|---|---|
Revenue | 32,189,163.00 | 47,433,032.00 |
Interest Income On Deposits | 25,485.00 | 15,431.00 |
Employee Benefits Expense | 8,648,592.00 | 6,774,849.00 |
Depreciation And Amortisation Expense | 9,593,969.00 | 11,267,027.00 |
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 237,499.00 | 208,132.00 |
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 237,499.00 | 208,132.00 |
Other Expense By Nature | 17,694,929.00 | 16,371,370.00 |
Profit Loss Before Tax | -5,773,071.00 | 11,109,874.00 |
Income Tax Expense Continuing Operations | -1,522,641.00 | 4,135,920.00 |
Profit (loss) | -4,250,430.00 | 6,973,954.00 |
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
---|---|---|---|
Profit (loss) | N/A | -4,250,430.00 | 6,973,954.00 |
Adjustments For Finance Costs | N/A | 2,096,333.00 | 2,114,256.00 |
Adjustments For Decrease Increase In Inventories | N/A | 37,354.00 | -50,176.00 |
Adjustments For Depreciation And Amortisation Expense | N/A | 9,593,969.00 | 11,267,027.00 |
Other Adjustments For Which Cash Effects Are Investing Or Financing Cash Flow | N/A | -25,485.00 | -15,431.00 |
Cash Flows From Used In Operations | N/A | 16,485,207.00 | 12,980,889.00 |
Interest Paid Classified As Operating Activities | N/A | 536,912.00 | 1,794,466.00 |
Income Taxes Paid Refund Classified As Operating Activities | N/A | 1,825,731.00 | 428,181.00 |
Cash Flows From Used In Operating Activities | N/A | 14,104,564.00 | 10,750,642.00 |
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 17,900.00 | 40,000.00 |
Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 16,115,852.00 | 8,355,741.00 |
Interest Received Classified As Investing Activities | N/A | 38,020.00 | 25,416.00 |
Other Inflows Outflows Of Cash Classified As Investing Activities | N/A | 6,626.00 | 43,037.00 |
Cash Flows From Used In Investing Activities | N/A | -16,232,262.00 | -14,582,922.00 |
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | -2,127,698.00 | -3,832,280.00 |
Cash and cash equivalents | 28,174,981.00 | 26,047,282.00 | 22,215,002.00 |
Please note that some sums might not add up.
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