Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698075279545.pdf (Guyana)
Cheddi Jagan International Airport Corporation 2019 Annual Report STATEMENT OF ASSETS & LIABILITIES FINANCE ASSETSG $G $ 2018Non Current AssetsProperty, Plant and Equipment 3,202,118,409 3,504,916,403 Intangible Assets3,613,322 7,309,274 Work-in-Progress605,978,701 541,543,095 Other Financial Asset50,340,000 50,000,000 Investment2,117,780,307 912,783,500 Total Non Current Assets5,979,830,739 5,016,552,272 Current AssetsInventories42,789,377 39,610,098 Trade and Other Receivables582,965,221 130,500,900 Cash and Cash Equivalent814,634,494 326,654,540 Total Current Assets 1,440,389,092 496,765,538 Total Assets7,420,219,831 5,513,317,810 EQUITY AND LIABILITIESEquityShare Capital200,000,000 200,000,000 Revaluation Reserve4,356,426,514 4,361,778,207 Accumulated Earnings/(Deficit )518,006,892 (809,327,286) Total Equity5,074,433,406 3,752,450,921 Non Current LiabilitiesGovernment Grants1,486,530,946 1,371,025,492 Deferred Tax13,815,380 18,457,616 Loan22,500,000 32,500,000 1,522,846,326 1,421,983,108 Current LiabilitiesGovernment Grants61,720,398 81,586,250 Loan10,000,000 10,000,000 Trade and Other Payables171,592,535 155,806,200 Taxation579,627,166 91,491,331 Total Current Liabilities822,940,099 338,883,781 Total Equity and Liabilities 7,420,219,831 5,513,317,810 "The notes form an integral part of these financial statements" STATEMENT OF REVENUE & EXPENDITURE FINANCE Operating IncomeG $ G $ 2018RevenueAirport Security Fee1,213,935,800 814,270,400 Airport Income2,317,851,089 902,650,268 Interest Earned8,468,401
 3,389,965 Grant Income Recognised64,360,398 132,019,009 3,604,615,688 1,852,329,642 Operating Expenses Administrative797,559,678 743,359,639 Operational 485,037,073 398,992,128 Financial Expense2,654,222 2,379,949 Depreciation and Amortisation429,424,343 422,423,614Stock Write Back(43,521) (6,706,734) 1,714,631,795 1,560,448,596 Operating Profit1,889,983,893 291,881,046 Non Operating Income/Expenses Gain/ (Loss) on Disposal of Property Plant and Equipment10,250,358 (2,646,481)Exchange Gain659,501 19,439 Loss on Disposal of Intangible Assets(451,300) - 10,458,559 (2,627,042) Net Profit before Taxation1,900,442,452289,254,004Taxation573,108,274 89,811,274 Net Profit for the Year1,327,334,178 199,442,730 Other Comprehensive IncomeItem that will not be reclassified subsequently to profit or lossGain on Revaluation of Property, Plant and Equipment39,601,195 - Total Comprehensive Income for the Year1,366,935,373 199,442,730 "The notes form an integral part of these financial statements" CASH FLOW FOR THE YEAR 2019 FINANCE Details Aeronautical Non-aeronautical Revenue from concessions, Rental Food and beverage Dec 2019 Actual ($) Dec 2018 Actual ($) 2018 vs 2019 ($) Remarks 77,655,853 87,993,560 (10,337,706) 80,533,985 84,759,271 (4,225,285) Outstanding payment from Roraima.
Advertising 11,858,374 26,148,052 (14,289,677) Fuel and oil Revenue from airport operated activities 10,340,530 10,537,397 (196,867) Car parking -airport owned 85,736,666 64,364,044 21,372,622 This decrease is due to removal of advertising signs from a few operations.

The billing periods changed from 6mths to 3mths hence less cash collected.
All vehicles are processed through one booth which accommodates 200 vehicles (arrival and departure) effective Oct 2018 as compared to Temp Arrival Terminal Building parking lot which can accommodate less than 50 vehicles.
Property and real estate income or rent Red cap fees Taxi fees Other revenue from activities undertaken by airport 20,400,911 11,040,759 9,360,153 Minimum guarantee was increased 2,754,148 2,525,875 2,851,335 2,457,463 (97,187) 68,412 31,576,244 21,173,526 10,402,718 $800k additional interest on BCM account.

ID cards are paid every quarter instead of 1/2 yearly.

Also there was sale of EOI in Apr & Sept 2019.

Proceeds from the sale of vehicles disposed in Dec 2019.
Sub total Non- aeronautical Total Income collected 3,404,453,843 1,699,173,916 323,382,587 311,325,405 12,057,182 1,705,279,927 FINANCE CASH FLOW FOR THE YEAR 2019 Details Expenditure Dec 2019 Actual ($) Dec 2018 Actual ($) 2018 vs 2019 ($) Remarks Administrative Expenses 762,832,804 699,170,761 63,662,043 Employment cost went up by $63M due to an salary increase of 10% Operating Expenses 480,138,845 398,505,655 81,633,190 Details on Next Slide Capital Expenditure 324,153,042 48,919,482 275,233,560 Three new vehicles procured amounted to(80M) ,1 foton ambulance- 50% advance payment (17M) ,Consultancy service for a design & supervision of a Cargo facility (6M) & 3 Walk Through metal detectors (4.7M)-Details on Next Slide Corporation Tax 52,307,117 51,340,878 966,239 Withholding /Property & Deferred Tax 1,215,410 - 1,215,410 WHT on interest withheld at the bank.
Total Expenditure 1,619,114,346 1,197,936,775 421,177,570 Surplus/(Deficit) 1,785,339,497 501,237,141 1,284,102,356 FINANCE Revenue Collection • The Airport Corporation collected Revenues of G$3.4Bln for 2019.

Below is a table of the Income & Expenditure over the past five (5) years: STATISTICS Passengers • There were 22,533 more arriving passengers 2018. in International Passenger Arrivals for 2019 was 346,753 or 7% higher than 2018.
2019 when compared to • Total Passengers travelled were 657,433 compared 630,143 This from the 4% increase represents corresponding period last year.
2018. to a in STATISTICS Passengers 2015-2019 International Arrivals 360,000 340,000 320,000 300,000 280,000 260,000 240,000 220,000 Arrivals 346,753 324,220 299,732 287,549 250,012 2015 250,012 2016 287,549 2017 299,732 Arrivals 2018 324,220 2019 346,753 STATISTICS Passengers 2015 - 2019 PASSENGER MOVEMENTS 4 4 4 , 2 7 5 3 5 0 , 2 9 5 3 4 1 , 0 3 6 3 3 4 , 7 5 6 9 4 5 , 7 8 2 5 9 8 , 4 8 2 2 3 7 , 9 9 2 1 2 3 , 2 9 2 0 2 2 , 4 2 3 3 2 9 , 5 0 3 3 5 7 , 6 4 3 0 8 6 , 0 1 3 2 3 0 , 4 0 5 2 1 0 , 0 5 2 0 2 0 , 4 5 2 Arrivals Departure Total Arrivals Departure Total 2015 250,012 254,020 504,032 2016 287,549 284,895 572,444 2017 299,732 292,321 592,053 2018 324,220 305,923 630,143 2019 346,753 310,680 657,433 STATISTICS Visitor Arrivals & Departures by Key Markets STATISTICS Airline Market Share STATISTICS Cargo • Imported cargo for review amounted to 5,509,801 Kgs compared to 5,506,627 Kgs in 2018, an 0.1% increase from the corresponding period last year.
the period under • Exports amounted to 2,748,638 Kgs or a 13% increase over the corresponding period in 2018.

• Total Cargo Processed amounted to 8,258,439 Kgs compared to 7,948,970 Kgs in 2018, an increase of 4%.
STATISTICS CARGO MOVEMENTS (KG) 7,948,970 8,258,439 5,506,627 5,509,801 2,442,343 2,748,638 Imports Export Total 2018 5,506,627 2,442,343 7,948,970 2019 5,509,801 2,748,638 8,258,439 Cargo 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 - Imports Export Total STATISTICS CARGO STATISTICS CARGO STATISTICS Aircraft Movement • International Aircraft Landing was 3,644 a increase of 2.13% when compared to 2018.

• Jet Aircraft Landings increase from 3,568 to 3,644.
The increase is due mainly to additional flights for Copa & American Airlines • Turbo Prop and Smaller type aircraft landing reduced from 584 to 573.

AIRLINES COPA Airlines COPA flies from GEO to Panama using Boeing 738.

• Period: Jan – Dec 2019 • Flights: 319 • Market Share: 11% • Passengers Flown : 74,990 AIRLINES Caribbean Airlines • CAL operates flights to New York, Miami, Trinidad and Toronto using the Boeing 738 aircraft.

• Caribbean Airlines continues to be the largest player in the market.
• Period : Jan – Dec 2019 • Flights: 1,758 • Market Share : 58% • Passengers Flown: 381,049 AIRLINES Surinam Airways • Surinam Airways continues to provide service on the Paramaribo/Georgetown/Miami route on Monday, Tuesday, Thursday and Saturday using Boeing 733 & 738.

• Period: Jan – Dec 2019 • Flights: 333 • Market Share : 3% • Passengers Flown: 20,754 AIRLINES Aruba Airlines • Aruba Airlines flies the GEO-TNCA, GEO-MUHA routes with daily flights using Airbus A320 & A321.
• Period: Jan – Dec 2019 • Flights: 357 • Market Share: 17% • Passengers Flown: 110,398 AIRLINES American Airlines • American Airlines flies the MIA-GEO/JFK-GEO route seven (7) days a week using Airbus A319 & B738.
• Period: Jan – Dec 2019 • Flights: 269 • Market Share: 11% • Passengers Flown: 69,841 NEW SERVICES JetBlue Airways • Is expanding its large Latin America and Caribbean network with new nonstop service between New York’s John F. Kennedy International Airport (JFK) and Cheddi Jagan International Airport (GEO).
• Flights will operate daily on JetBlue’s new A321neo aircraft beginning April 2, 2020 Eastern Airlines • The Guyana Civil Aviation Authority has given approval for Eastern Airlines to operate regular flights between John F. Kennedy International Airport and Cheddi Jagan International Airport using Boeing 767-200 and 767- 300 aircraft.
OPERATIONS Emergency Exercise • In accordance with the ICAO Airport Emergency Planning Manual, Document 9173 Part 7, the Cheddi Jagan International Airport Corporation (CJIAC) staged a Full Scale Emergency Exercise on the 30th October, 2019 on the Aerodrome.

The exercise replicated an aircraft accident on airfield based upon a prepared scenario.

• Airports are required to regularly conduct exercises to test their emergency plans, procedures, equipment, communications and the response of key personnel.
• The exercise involved persons from key agencies such as the Cheddi Jagan International Airport Corporation, Guyana Defence Force, Guyana Police Force, Airport Fire Service, Airport Security Unit, Civil Defence Commission, Customs, Immigration , Ministry of Public Health and the Guyana Civil Aviation Authority (Air Navigation Services ) .

OPERATIONS Emergency Exercise SECURITY Security Audits • During the year 2019, the Airport was successfully audited by: 1.
Transportation and Security Administration[TSA] 2.

Guyana Civil Aviation Authority [GCAA] • These audits tested the effectiveness of the procedures and systems implemented by the Airport to counter security threats.

SECURITY Recovered Items Forty two (42) items were recovered following successful CCTV Reviews in 2019.
Items found included: • Watches • Laptops • Passenger Luggage mistakenly taken by other travelers • Cellular Phones/Ear Pods • Jewellery • Currency • Passports • Wallets/Pouches • Sunglasses SECURITY Seized Items A total of Fifty- Seven (57) items were confiscated from passengers at the Main Check Point.

These items include knives, lighters, watches and sharp objects which are prohibited in cabin bag.
SECURITY Training Aviation Security Security Awareness Training Program Screeners Certification Training Program Screeners Re-Certification Training Program Security Induction Training Remedial Training - 318 Participants - 28 Participants - 104 Participants - 13 Participants - 24 Participants Others Combating Human Trafficking ICAO Air Cargo and Mail Security - 49 Participants - 03 Participants Professional Aviation Security Management - 01 Participant COMMERCIAL Arrivals Duty Free Shop Three (3) new Duty Free Shops are located in the Arrivals Terminal.
Ansa McAl commenced operations in October 2019.

SCHOOL TOURS School Tours Over 5,340 students from 64 schools visited the airport during 2019.

WELCOME ACTIVITIES • CJIAC’s 9th annual Santa Parade was held on December 20th 2018.

Over 6,000 gifts including cakes and sweets were distributed to the children in the Timehri & Soesdyke communities.
• Welcome Activities were held for: • Mashramani • Easter • Arrivals Day • Emancipation Day • Christmas WELCOME ACTIVITIES WELCOME ACTIVITIES WELCOME ACTIVITIES WELCOME ACTIVITIES WELCOME ACTIVITIES WELCOME ACTIVITIES WELCOME ACTIVITIES WELCOME ACTIVITIES 2020 PROJECTS Ongoing and New Projects • Construction of a Cargo Facility • Inception Report Prepared; Cargo Machine Procured • Procurement and Installation of an Automated Car Park Ticketing System • To be installed following the extension of the Car Park in April 2020 • Construction of a Shopping Complex adjoining the Terminal • Consultancy contract awarded and work commenced • Kiosks and Shops for locally produced products • Concessions awarded, contracts being finalized.
2020 PROJECTS Ongoing and New Projects • Construction of Building to accommodate additional airline and stakeholder offices • Consultancy contract awarded and work commenced • Enhanced CCTV and Access Control System with Video Analytics • Project commenced and will be completed in May 2020 • Airline Common Use and Self Check-In System • Contract awarded and works scheduled to be completed in January 2020.

New system will feature additional self check in kiosks and passengers tracking software.
• Procurement and Installation of a new Instrument Landing System • Contract awarded (US$1M) and production commenced.
2020 PROJECTS Ongoing and New Projects • Procurement of Cabin Baggage Scanners • Contract awarded for supply of 4 new scanners – expected to be delivered and installed in April 2020 • Procurement of Checked Baggage Scanner • Contract awarded for supply of a CTX 5800 Explosive Trace Detection Machine – expected to be delivered and installed in April 2020 • Procurement and Installation of an Inline Baggage Handling System • To be delivered and installed by September 2020 • Development of Land Use Plan and Five Year Strategic Plan • To be completed by May 2020 THANK YOU!