AP I Will Issue Bonds Bisnis Indonesia, page T2, 2006-03-01
PT Angkasa Pura I plans planning to issue new bonds this year to support the funding of Hasanuddin Makassar Airport, plus increase its employee’s education. Generally, AP I has provided investment funds worth Rp.688.29 billion this year.
AP I Invests Rp.700 Billion for Airport Development Bisnis Indonesia, page 5, 2006-02-20
PT Angkasa Pura I (AP I) has funded a capital Rp.700 billion for the airport development project this year. Meanwhile, five airport landing tracks will be overlaid with an investment of Rp.65 billion. This year’s investment is the biggest one yet compared to the last few years. In 2004 and 2005, AP I’s investment ranged at atpimd Rp.200 billion. With an investment this big, AP I projects an income of Rp.1.5 trillion this year. In 2005, the company’s profit before tax was recorded at Rp.434 billion. Out of the 13 airports under AP I, only five have recoded profits, the other eight are still suffering losses.
Meanwhile, Soekarno-Hatta Airport has allocated a fund of Rp.3.6 billion this year to renovate the international airport’s toilets.