OUR REPORTING PROCESS
Provides our stakeholders with a high-level summary of the following:
- Operational performance
- Financial performance
- Short-, medium- and long-term strategy
Board and executive curricula vitae
A comprehensive overview of the skills and competencies of our Board and Executive Committee members.
If you wish to contribute to the improvement of our IAR through comments, suggestions or queries on the information,
data and/or presentation thereof, email Refentse Shinners, Group Executive: Corporate Affairs at Refentse.
All these reports can be found at www.airports.co.za
The forward-looking statements in this report, or oral statements that may be made by officers or directors, prescribed officers or employees acting on the Group’s behalf, constitute or are based on various or certain assumptions which may change or be subject to revision. These statements involve risk and uncertainty, as they relate to events or circumstances that may or may not occur. Factors which could cause actual future results to differ materially from those in the forward-looking statements include, but are not limited to:
- Global and domestic economic conditions
- The nature of the aviation sector and specifically the performance of airline operators
- Changes in passenger profiles and choices
- Retail offerings at our airports
- Interest rates
- Credit and associated risks of borrowing and funding
- Rating agencies’ statements and determinations
- Gross and operating margins
- Capital management
- Competitive and economic regulatory factors
Airports Company South Africa does not undertake to update or otherwise revise any of these forward-looking statements publicly, whether in reflecting on new information or future events or otherwise. The forward-looking statements have not been reviewed or reported on by the Group’s external auditor.
The Board acknowledges responsibility for overseeing the integrity and completeness of this IAR and exercises this responsibility with the support of various sub-committees. The Board approved the reporting frameworks and materiality determination process applied in the report. The Board confirms that, after applying its collective mind to the preparation and presentation of the IAR and reviewing the content herein, it considers this report to be accurate, reliable and complete in presenting information and material matters. The Board concludes that this report is presented as per the
Adv Sandile Nogxina