Indicators

The main source of income for LGS is air navigation charges, which the company receives for its services. LGS is not funded from the state budget, however it is one of the largest taxpayers in Latvia.

The operational indicators of LGS are the number of aircraft to which services are provided within the territory of the airport, as well as during transit through the Latvian air space. The main financial indicators (historical data) are given below.

Financial figures 2018 2017 2016 2015 2014
Number of flights in Riga FIR292 475268 967246 984245 264243 664
Route ATFM delay (minutes per flight)0.040.00 0.00 0.00 0.00
Unit rate (in national level), EUR27.4727.4627.3127.5828.44
Unit rate (ANSP level), EUR23.4523.4523.1823.3423.97
Net turnover, EUR30 208 28827 742 55924 526 86124 965 35424 631 294
Profit, EUR3 238 7253 031 582344 336470 877215 068
Return on sales, %10.8911.521.752.531.29
ROE, % 9.34
9.64
1.18
1.68
0.78
(EBITDA), EUR7 303 7757 303 7755 228 5355 817 8885 331 559
Equity, EUR34 691 90131 453 17628 430 19228 085 85627 614 979
(ROA), % 8.43
8.71
1.07
1.54
0.71
Total liquidity
4.18 4.10 3.71 4.81 4.11
Debt to equity, EUR
10.73 10.60 10.00 8.76 9.25
Execution of the investment plan, EUR5 522 4035 510 1106 839 2203 588 4025 641 000

Detailed information about LGS operational indicators in previous years is available in the Reports section.

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