Page 90 - BAA CAFR 2017
P. 90
43,829 239 10,014 54,083 (28,909) 25,174 6,930 9,572 16,502 (5,001) ‐ 11,502 1.53 14,377 1.75
2017
$ $ $ $ $
44,046 110 10,199 54,356 (30,226) 24,130 6,590 9,865 16,455 (5,001) ‐ 11,454 1.47 14,317 1.69
2016
$ $ $ $ $
44,054 131 9,967 54,151 (27,486) 26,665 6,295 10,144 16,439 (4,999) ‐ 11,440 1.62 14,299 1.86
2015
$ $ $ $ $
40,778 162 9,135 50,075 (25,979) 24,095 6,005 10,405 16,410 (5,001) ‐ 11,410 1.47 14,262 1.69
2014
$ $ $ $ $
37,543 220 7,653 45,416 (23,204) 22,212 5,765 10,651 16,416 (5,003) ‐ 11,413 1.35 14,266 1.56
2013
$ $ $ $ $
36,880 117 5,592 42,589 (21,848) 20,741 5,530 10,883 16,413 (5,004) ‐ 11,409 1.26 14,262 1.45 Debt service requirements is equal to interest expense (excluding amortization of bond discount and amounts provided for payment of interest by bond proceeds and other sources and deposited into a restricted fund for that purpose) for each respective fiscal year ended June 30, plus principal payment payable on the next July 1. Certain passenge
2012
$ $ $ $ $
33,506 183 6,047 39,736 (21,662) 18,075 4,635 7,275 11,910 (2,500) ‐ 9,410 1.52 11,763 1.54
2011
$ $ $ $ $
34,992 232 5,556 40,779 (21,189) 19,591 3,940 2,912 6,852 ‐ ‐ 6,852 2.86 8,565 2.29
2010
$ $ $ $ $
34,524 395 5,827 40,746 (22,925) 17,821 3,755 2,605 6,360 ‐ ‐ 6,360 2.80 7,949 2.24
2009 revenue is available to cover required debt service.
$ $ $ $ $ Source: Birmingham Airport Authority Records debt service requirements for such fiscal year
34,568 767 4,556 39,891 (23,805) 16,086 3,640 2,724 6,364 ‐ ‐ 6,364 2.53 7,955 2.02
2008
$ $ $ $ $ Notes:
Interest on investments ‐ revenue fund Other nonoperating revenues Less: Operating Expenses Depreciation added Less PFC revenue available for debt service Less grant revenue available for debt service Net Required revenue per bond rate covenant
Net revenues Operating revenue Gross revenues Net pledged revenue Debt Service Principal Interest Total debt service Coverage of debt service Ratio of required revenue