Annual Report 2016

Annual Report and Financial
Statements 2016

Opening Port Centre to the city

Construction work commenced on the opening of the Port Centre precinct to the City, facilitating greater integration of the Port with the City as committed to in the Company’s Masterplan. This project recognises the potential for public realm and amenity at Port Centre through high quality architectural and landscaping design.

Opening Port Centre to the city

Construction work commenced on the opening of the Port Centre precinct to the City, facilitating greater integration of the Port with the City as committed to in the Company’s Masterplan. This project recognises the potential for public realm and amenity at Port Centre through high quality architectural and landscaping design.

Annual Report and Financial
Statements 2016

Operational Highlights 2016

Trade volumes up
6.3% in 2016
2015: up 6.4%
Total throughput was 34.9 million tonnes
2015: 32.8 Million tonnes
1,814,089 passengers travelled through the Port
2015: 1,797,691
944,531 RoRo units passed through the Ports Ferry Terminals
2015: 877,826 vehicles
663,732 TEUs were handled in the Ports three container terminals
2015: 614,226 TEUs
159,124 cruise Passengers and crew on 109 cruise vessels visited the Port
2015: 148,891

The Alexandra Basin Redevelopment

The Alexandra Basin Redevelopment involves the construction of approximately 3km of quay walls, deepening of the harbour basin and channel to accommodate larger sea going vessels as well as works associated with the conservation of the Port’s Victorian industrial heritage.

The Alexandra Basin Redevelopment Project is the first major project to be brought forward under the Company’s Masterplan 2012 to 2040. The project forms part of a €600m ten year capital expenditure programme approved by the Board in December 2016.

Chairperson’s Statement

I am pleased to report that 2016 has been another very successful year for Dublin Port Company. A record level of throughput was handled with total volumes reaching 34.9m tonnes representing a 6.3% increase on the previous year.

Chief Executive’s Review

In 2016, volumes grew to 34.9m tonnes, an increase of 6.3% on the previous year. Compound growth over the last four years stands at 24.7% and total throughput volumes are now four million tonnes (12.9%) higher than they were in 2007 before the economic downturn.

Financial Highlights 2016

Turnover (€m) 5.1%
  • 2016 81.6
  • 2015 77.7
  • 2014 72.1
  • 2013 68.4
  • 2012 65.3
Operating profit (€m) 6.1%
  • 2016 45.6
  • 2015 42.9
  • 2014 36.1
  • 2013 32.8
  • 2012 29.1
Profit after tax (€m) 7.3%
  • 2016 39.0
  • 2015 36.4
  • 2014 30.6
  • 2013 26.0
  • 2012 22.8
Capital expenditure (€m) 260.6%
  • 2016 44.2
  • 2015 17.0
  • 2014 9.4
  • 2013 13.5
  • 2012 16.3
Total Equity (€m) 6.4%
  • 2016 349.6
  • 2015 328.5
  • 2014 284.0
  • 2013 269.1
  • 2012 265.7
Dividends (€m) 24.0%
  • 2016 10.9
  • 2015 8.8
  • 2014 8.0
  • 2013 15.0
  • 2012 10.2
EBITDA (€m) 8.8%
  • 2016 53.6
  • 2015 49.3
  • 2014 43.2
  • 2013 41.5
  • 2012 39.6

Financial Highlights 2016

Turnover (€m) 5.1%
  • 2016 81.6
  • 2015 77.7
  • 2014 72.1
  • 2013 68.4
  • 2012 65.3
Operating profit (€m) 6.1%
  • 2016 45.6
  • 2015 42.9
  • 2014 36.1
  • 2013 32.8
  • 2012 29.1
Profit after tax (€m) 7.3%
  • 2016 39.0
  • 2015 36.4
  • 2014 30.6
  • 2013 26.0
  • 2012 22.8
Capital expenditure (€m) 260.6%
  • 2016 44.2
  • 2015 17.0
  • 2014 9.4
  • 2013 13.5
  • 2012 16.3
Total Equity (€m) 6.4%
  • 2016 349.6
  • 2015 328.5
  • 2014 284.0
  • 2013 269.1
  • 2012 265.7
Dividends (€m) 24.0%
  • 2016 10.9
  • 2015 8.8
  • 2014 8.0
  • 2013 15.0
  • 2012 10.2
EBITDA (€m) 8.8%
  • 2016 53.6
  • 2015 49.3
  • 2014 43.2
  • 2013 41.5
  • 2012 39.6