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Sydney Airport (SYD.AX)

Sydney Airport (SYD.AX)
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Sydney Airport has a lease to operate the facility until 2097. As Australia's busiest airport, it connects close to 100 international and domestic destinations, and handled more than 40 million passenger movements annually until COVID-19 border restrictions in 2020. Regulation is light, with airports setting charges and terms with airlines, and the regulator monitoring the aeronautical and car park operations to ensure reasonable pricing and service. Retail and property operations are free from regulatory oversight, though political and commercial pressure limits Sydney Airport from overly flexing its pricing muscle, particularly as the government owns the rival Western Sydney Airport, set to open in 2026.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016
Sales 799,300 1,632,400 1,577,600 1,475,900 1,357,400
Sales Growth -51.04% +3.47% +6.89% +8.73% +11.08%
Net Income -145,600 403,900 372,500 349,800 320,900
Net Income Growth -136.05% +8.43% +6.49% +9.01% +13.39%
(Values in U.S. Thousands) Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016
Total Assets 12,852,800 12,632,400 13,054,200 12,323,100 12,325,900
Total Assets Growth +1.74% -3.23% +5.93% -0.02% +2.28%
Total Liabilities 11,814,900 13,386,000 12,982,300 11,689,200 11,239,100
Total Liabilities Growth -11.74% +3.11% +11.06% +4.00% +4.69%
(Values in U.S. Thousands) Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016
Operating Cash Flow 0 0 0 0 0
Operating Cash Flow Growth unch unch unch unch unch
Net Cash Flow 450,500 148,800 -7,100 17,600 99,000
Change in Net Cash Flow +202.76% +2,195.77% -140.34% -82.22% +223.75%
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