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FINANCIAL STATEMENTS

flights - followed by Eastern Europe (-9.4%). All other regions outside Europe suffered double-digit levels of decline, with
the cease of Olympic’s long-haul routes playing an important role to this development.
In 2009, Athens International Airport offered direct scheduled services to 113 destinations (80 international) in 52
countries, serviced by 70 airlines. The airport added to its network 6 new destinations (Abu Dhabi, Izmir, Krasnodar,
Krakow, Sharjah, Tripoli) and 11 new airlines (Air Arabia, Athens Airways, Atlant Soyuz, Cimber Sterling, Etihad, Kuban
Airlines, Libyan Arab, Lviv, Pegasus, Sun Express, Transavia).

2. Business Highlights

The Airport Company’s business highlights for 2009 are summarised below:

Airport Operations
Safe and efficient airport operations, together with high-standard services to airport customers were guaranteed for another
year. A number of special events have been successfully managed with detailed planning and efficient co-ordination with
the involved parties, while the transition to the new Olympic group of companies was successfully managed.

• Within the context of maintaining a high level of readiness and effectiveness for handling potential crises, the Airport
Company conducted various scenario exercises for the purpose of attesting the high level of safety, readiness, training,
and coordination of all parties involved in emergency situations and of testing the Airport Emergency Plan and related
emergency procedures. Four emergency exercises took place during 2009, including an “Aircraft Accident on the Airport”
exercise, in compliance with the airport company’s obligations arising from the ICAO regulations. Emergency response
performance was also tested during the 134 real life situations throughout the year.

• The Airport Company played an important role in handling the termination of operations of Olympic Airlines, Olympic
Airways Services and the commencement of operations of Olympic Air, Olympic Handling and Olympic Engineering
respectively. Special arrangements were introduced for the accommodation of the old fleet and the proper transition
to the new one, contributing to the successful commencement of the home carrier’s operation.

• As part of the Airport’s preparation for handling the H1N1 Pandemic, a close co-operation with the Airport Health
Check Station and the Public Health Authorities took place. An Airport Pandemic Plan was developed in cooperation
with the airport stakeholders (airlines, handling agents, State Authorities & AOC), in order to handle a potential wide-
spread impact to the Airport Community.

• A number of national and airport related events (17th Ministerial Council of the Organization for Security and
Co-Operation in Europe and the Bilderberg Club meeting) were dealt with utmost efficiency. A close co-operation
between involved parties resulted into accommodating special requirements while ensuring quick and efficient transfer
of the visitors without interrupting the normal traffic flow.

• On May 18th, the new screening points for the security checks of airport employees entering the Critical Parts within
Security Restricted areas were put into full operation, as per EU regulation 1138/2006.

• In preparation for the winter season and potential adverse weather conditions, a series of snow removal exercises were
performed, while the newly acquired equipment has been successfully tested. Also, during 2009 the de-icing coordination
centre was established and is ready for operation in order to ensure the efficient co-ordination of Ground Handlers’
de/anti-icing operations under severe winter weather conditions.

Financial Statements as at 31 December 2009 (Amounts in Euros unless otherwise stated) PAGE 5 OF 69
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