Consolidated statement of comprehensive income

Opportunities and risks report

<h1>Consolidated statement of profit or loss</h1>

Consolidated statement of profit or loss

Konzern-Gewinn- und -Verlustrechnung

An international organization, headquartered in Montreal, which represents airport operators. Around 1,950 airports in almost all of the countries in the world are ACI members, including more than 500 airports in 55 European countries.

Airports Council International (ACI)

The umbrella organization of all passenger airports in Germany, Switzerland, and Austria. The organization works to promote Germany as a strong and competitive center of aviation.

German Airports Association (ADV)

The European Aviation Safety Agency is the European Union's flight safety body for civil aviation, and is based in Cologne.

European Aviation Safety Agency (EASA)

The variable PM10 (particulate matter &lt; 10 μm) describes the proportion of particulate matter with a particle diameter of up to 10 μm. As a subset of PM10, PM2.5 contains even smaller particles.

Particulate matter

An independent institution based in Amsterdam that publishes globally recognized guidelines on sustainability reporting. The GRI standards create a shared language for organizations and stakeholders that can be used to communicate and understand the economic, environmental, and social impacts of organizations. Its aim is to establish a common baseline for communication and to ensure the comparability of sustainability reports. GRI celebrated its 25th anniversary in September 2022.

Global Reporting Initiative (GRI)

Globally recognized instrument used to quantify and manage greenhouse gas emissions. The GHG Protocol defines requirements governing the calculation of greenhouse gas emissions on an organization-wide scale and the implementation of projects to reduce emissions.

Greenhouse Gas Protocol (GHG Protocol)

In addition to their two or four main engines, today’s commercial aircraft have a smaller auxiliary power unit. The APU is used to start the main engines and to generate electrical power when the plane is on the ground.

Auxiliary turbine or Auxiliary Power Unit (APU)

Headquartered in Montreal, the International Civil Aviation Organization is an agency of the United Nations. It has a total of 193 contracting states. &nbsp;The goal of the ICAO and its members is to ensure the safe and sustainable development of civil aviation.

International Civil Aviation Organization (ICAO)

The landing and take-off cycle refers to aircraft CO₂ emissions on the ground and during take-off and landing below 3,000&nbsp;feet (914&nbsp;meters). Up to this internationally defined height, any greenhouse gases associated with aircraft turbines are attributed to the airports concerned and distances from the airport of about 8&nbsp;kilometers in the case of departing aircraft, depending on the climbout, and 17&nbsp;kilometers in the case of arriving aircraft.

Landing and take-off cycle (LTO cycle)

A measurement unit used to track all commercial passenger and cargo traffic. One TU is equivalent to one passenger arriving at or departing from an airport with hand luggage (a total of 100&nbsp;kilograms) or 100&nbsp;kilograms of airfreight or airmail turned over or a combination of passenger volumes (arrivals and departures) and the local airfreight and airmail volumes (unloaded and loaded).

		Disclosure	2022	2021
+	Revenue	VI.1	1,187,988	601,276
+/−	Changes in inventories and work in progress		−64	53
+	Own work capitalized	VI.2	14,869	17,207
+	Other income	VI.3	30,532	61,946
	Total revenue		1,233,325	680,482
−	Cost of materials	VI.4	−421,965	−249,702
−	Personnel expenses	VI.5	−500,035	−419,095
−	Other expenses	VI.6	−72,672	−57,501
	Earnings before interest, taxes, depreciation, and amortization (EBITDA)		238,653	−45,816
−	Depreciation and amortization	VI.7	−266,400	−239,851
	Operating result (EBIT)		−27,747	−285,667
+	Interest result	VI.8	−37,280	−66,690
+/−	Other financial result	VI.8	−115	18,676
	Financial result		−37,395	−48,014
+	Result from companies accounted for using the equity method	VII.4	−216	−2,576
	Earnings before taxes (EBT)		−65,358	−336,257
+/−	Income taxes	VI.9	6.564	74.961
	Group profit/loss of the year (EAT)		−58,794	−261,296
	of which assignable to owners of the company		−58.794	−261.296
	of which assignable to non-controlling interests		0	0

Munich Airport

Integrated Report 2022

Consolidated statement of profit or loss