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FUTURE GENERATION AUSTRALIA LIMITED — Capital/Financing Update 2010
Sep 12, 2010
64916_rns_2010-09-12_98a6cf8d-d2a8-4f6d-a6e4-a30885c7ec21.pdf
Capital/Financing Update
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Hastings Funds Management Limited ABN 27 058 693 388 AFSL No. 238309 Australian Infrastructure Fund Limited ABN 97 063 935 553
Total pages: 2
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Level 16, 90 Collins Street Melbourne VIC 3000 Australia T +61 3 8650 3600 F +61 3 8650 3701 www.hfm.com.au Melbourne, London, San Antonio, Sydney
ASX Announcement
Australian Infrastructure Fund (AIX)
13 September 2010
AIX reports strong monthly passenger growth
Australian Infrastructure Fund (AIX) today reported a 9.1% jump in AIX-weighted passenger numbers across its airports portfolio during July 2010, compared with the same period last year.
AIX’s Australian airports, which account for over 80 percent of AIX’s portfolio by value, provided the major positive contribution. APAC (Melbourne and Launceston Airports) and Queensland Airports Limited (Gold Coast, Townsville and Mount Isa Airports) were the standout performers, providing growth of 13.0 percent and 12.4 percent respectively.
The table below highlights the year on year monthly comparisons:
| Growth (%) | |||
|---|---|---|---|
| AIX Airport | Domestic | International | Total |
| Perth Airport | 6.6 | 16.9 | 9.4 |
| Australia Pacific Airports Corporation1 | 12.2 | 16.4 | 13.0 |
| Queensland Airports Limited2 | 13.1 | 11.2 | 12.4 |
| NT Airports3 | 7.5 | 24.9 | 8.8 |
| Sydney Airport4 | 10.0 | 7.8 | 9.4 |
| Athens Airport | (12.9) | (5.3) | (8.0) |
| Dusseldorf Airport5 | 10.9 | 2.7 | 4.2 |
| HamburgAirport5 | 7.3 | 8.1 | 7.8 |
| Total weighted by AIX interest | 9.5 | 8.4 | 9.1 |
AIX Chief Executive Officer Jeff Pollock said, “The ongoing passenger growth in Australia is pleasing and as the individual airports within our portfolio implement their growth plans, we expect to see additional upside both in terms of passenger numbers and revenues generated by these assets.
“It was also encouraging to see the German airports, Dusseldorf and Hamburg, deliver strong growth, although austerity measures in Greece had a negative impact on passenger numbers at Athens Airport.”
1 Total includes international transits as reported by Melbourne Airport.
2 Total includes transits at Gold Coast Airport.
3 Total includes transits at Darwin International Airport.
4 Total includes domestic-on-carriage as reported by MAP Airports.
5 International includes transits as reported by ADV German statistics.
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For further enquiries, please contact:
Jeff Pollock Chief Executive Officer
Australian Infrastructure Fund Tel: +61 3 8650 3600 Fax: +61 3 8650 3701 Email: [email protected] Website: www.hfm.com.au/aix
Simon Ondaatje Head of Investor Relations Hastings Funds Management Tel: +61 3 8650 3600 Fax: +61 3 8650 3701 Email: [email protected] Website: www.hfm.com.au/aix
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Jane Frawley Company Secretary Australian Infrastructure Fund
About AIX
AIX is one of Australia's leading transport infrastructure funds. AIX's primary objective is to offer investors returns, through cash yield and capital growth, by actively managing a portfolio of transport infrastructure assets for the medium to long term.
AIX airport ownership interests comprise: 29.7% of Perth Airport; 12.4% of APAC; 49.1% of Queensland Airports Limited; 28.2% of NT Airports (Darwin, Alice Springs and Tennant Creek Airports); and 40.0% of HOCHTIEF AirPort Capital, comprising interests in Athens, Dusseldorf, Hamburg and Sydney Airports.
Unless otherwise stated, the information contained in this document is for informational purposes only. It does not constitute an offer of securities and should not be relied upon as financial advice. The information has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person or entity. Before making an investment decision you should consider, with or without the assistance of a financial adviser, whether any investments are appropriate in light of your particular investment needs, objectives and financial circumstances. Neither Hastings, nor any of its related parties including Westpac Banking Corporation ABN 33 007 457 141, guarantees the repayment of capital or performance of any of the entities referred to in this document and past performance is no guarantee of future performance. Hastings, as the Manager or Trustee of various funds, is entitled to receive management and performance fees.