FY 2012 Rates, Fees, and Charges Year End Reconciliation. Finance Department P.O. Box DFW Airport, Texas

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1 FY Rates, Fees, and Charges Year End Reconciliation Finance Department P.O. Box DFW Airport, Texas

2 TABLE OF CONTENTS SUMMARY 4 DFW COST CENTER Executive Summary - 2 DFW Cost Center Summary 20 Executive Summary Detail COST ALLOCATIONS 2 AIRFIELD SERVICES COST CENTER Overhead Allocation 2 Airline Cost Summary 5-6 Allocation of Operating and Maintenance Expenses 22 Cost Per Enplanement 7 Joint Revenue Bond Existing Debt Service 23 Enplaned Passengers 8 Joint Revenue Bond New Debt Service 24 Airfield Cost Center Summary 9-0 Joint Revenue Bond Debt Service Coverage 25 Calculation of Airline Landing Fee 3 TERMINAL SERVICES COST CENTER Terminal Cost Center Summary 2-3 Terminal Cost Summary 4 FIS Facility Fees 5 DFW Terminal Contribution 6 Actual Terminal Leased Square Feet 7 Forecast Terminal Leased Square Feet 8 Airline Terminal Rents 9

3 Business Units Executive Summary Actual Forecast 3 (Unfavorable) 20 Actual Airline Revenue $200,822 $222,7 ($2,349) $202,252 Non-Airline Revenue 34, ,679 2,76 29,680 Total Revenue $55,677 $55,850 ($73) $493,93 Total O & M Expense $343,967 $35,387 $7,420 $332,467 Net Debt Service 2 06,40 06,302 (08) 98,503 Total Expense & Debt Service $450,378 $457,689 $7,3 $430,970 Net to DFW Capital Account $65,300 $58,6 $7,39 $62,96 FY 20 and FY actuals include trueups and threshold adjustment 2 See pages 23 through 25 for a breakout of Net Debt Service 3 FY2 Forecast does not include budget amendment of $3. million.

4 Revenue Business Units Executive Summary Business Units Actual Forecast 3 (Unfavorable) FY 20 Actual Airfield Cost Center $3,050 $3,826 ($776) $24,360 Terminal Cost Center 38,92 37, ,352 DFW Cost Center 257, ,55, ,02 Total Revenue $527,077 $55,850 $,227 $502,84 Total O & M Expense $343,967 $35,387 $7,420 $332,467 Net Debt Service 2 06,40 06,302 (08) 98,503 Total Expense & Debt Service $450,378 $457,689 $7,3 $430,970 Net to DFW Capital Account before Threshold Adjustment $76,699 $58,6 $8,539 $7,844 Threshold adjustment to Airfield Cost Center $,399 $8,883 Net to DFW Capital Account $65,300 $62,96 Actuals exclude threshold adjustment 2 See pages 23 through 25 for a breakout of Net Debt Service 3 FY2 Forecast does not include budget amendment of $3. million. 2

5 Business Units Executive Summary Detail Actual Forecast (Unfavorable) FY 20 Actual Operating Revenues Airfield Cost Center Landing Fees $2,777 $2,430 ($8,652) $3,427 Fueling System 5,47 5,47-5,47 Corporate Aviation,873,880 (6),776 Aircraft Parking (07) 262 DPS 2,944 2, ,879 Other Threshold Adjustment,399 -,399 8,883 Trueup from Airfield Cost Center (4,095) - (4,095) 592 Total Airfield Revenues $3,050 $3,826 ($776) $33,243 Terminal Cost Center Airline Terminal Leases $74,540 $74,92 $348 $65,775 FIS Revenue 9,007 8, ,979 Turn Fee Revenue 9,2 8, ,889 TSA Rent 976,538 (562),532 DPS 2,742 2, ,066 Other 8,923 8, ,763 Capital Transfer to Terminal Cost Center 24,000 24,000-28,000 Trueup from Terminal Cost Center (,08) - (,08) (65) Total Terminal Revenue $38,92 $37,868 $323 $28,352 DFW Cost Center Commercial Development $34,468 $32,662 $,806 $36,543 Non-Terminal Concessions $,253,243 $,337 Rental Car Ground Rent $4,274 4,568 (294) $4,80 Rental Car Center % Rent $23,472 22, $23,59 Utilities 4,903 4, ,529 Parking 0,84 08,057 2,785 07,59 Terminal Concessions 54,809 47,795 7,04 5,77 Taxis and Limos 8,248 7, ,705 Employee Transportation 0,200,734 (,534) 8,9 DPS,52,36 5,35 Other,555,428 26,460 Threshold Adjustment (,399) - (,399) (8,883) Interest Income 2,30 2,58 (26) 3,59 Total DFW Revenue $246,436 $246,55 $28 $24,29 Total Revenue $55,677 $55,850 ($72) $502,84 3

6 Business Units Executive Summary Actual Forecast (Unfavorable) FY 20 Actual EXPENSES O&M Costs Salaries and wages $4,454 $5,85 $730 $09,770 Benefits 60,676 6, ,292 Contracts 2,560 2, ,686 Maintenance and other supplies 6,248 8,340 2,093 7,80 Insurance 4,307 4, ,8 Utilities 26,96 27, ,657 General, administrative and other 6,286 6, ,655 Contingency - 2,500 2,500 - Operating Reserve 2,520 2,57 (3) 479 Total O&M $343,967 $35,387 $7,420 $332,467 Debt Service Existing Debt Service $24,298 $242,862 $,564 $228,97 New Debt Service $22,962 - (22,962) - RAC Debt Service $4,35 4, ,423 Hotel Debt Service $,02 - (,02) - Gross Debt Service 269,73 247,43 (22,300) 233,394 Offsets: Capitalized Interest New Debt (22,375) - 22,375 - Interest Income (interest & sinking fund) (65) (94) 70 (94) Debt Service 247,73 247, ,300 Debt Service Paid By PFC's (38,522) (39,772) (,25) (30,500) Debt Service Paid By CFC's (5,929) (4,55),378 (4,423) Net Debt Service After PFC's $02,722 $02,995 $273 $98,377 25% Debt Coverage 6,793 60,692 (,0) 57,29 Coverage Balance (58,05) (57,385) 720 (57,093) Incremental Coverage for Allocation 3,688 3,307 (38) 26 Net Coverage for Allocation to Cost Centers 3,688 3,307 (38) 26 Net Debt Service After PFC's 02,722 02, ,377 Total Net Debt Service $06,40 $06,302 ($08) $98,503 TOTAL EXPENSES $450,378 $457,689 $7,3 $430,970 NET TO DFW FUND $76,699 $58,6 $8,538 $7,844 FY2 Forecast does not include budget amendment of $3. million. 4

7 Airline Cost Summary Actual Forecast 2 (Unfavorable) FY 20 Actual Airline Cost/Revenue - Use Agreement Passenger Landing Fees $95,554 $,69 $6,36 $03,984 Cargo Landing Fees 8,93 9, ,443 Terminal Leases 73,94 74, ,775 FIS Facility Revenue 9,007 8,723 (284) 4,979 Turn Fees and Terminal Office Rents 9,096 8,502 (594) 7,80 Aircraft Parking Total Airline Cost/Revenue 206, ,97 7,7 202,252 Less Air Service Incentive Program (ASIP) (9,676) (0,20) (534) (2,829) Airline Cost/Revenue - Use Agreement $96,349 $22,987 $6,638 $99,423 Reconciliation to GAAP Basis Add: Prior year True-up $8,943 ($8,943) - Less: Current year True-up (5,203) (9,56) (4,358) (8,943) Airline Cost/Revenue - GAAP Basis $200,088 $203,426 $3,337 $90,480 FY2 Forecast does not include budget amendment of $3. million. $2.8 million of airline cos 2 FY2 Forecast Airline Cost calcuation has been changed to reflect correction in Terminal Leases. 5

8 Airline Cost Summary Actual Forecast 2 (Unfavorable) FY 20 Actual Airline Cost/Revenue - GAAP Basis Passenger Landing Fees $99,449 $02,895 $3,446 $96,356 Cargo Landing Fees 9,233 8,974 (259) 8,779 Terminal Leases 72,737 74,92,455 65,23 FIS Fees 9,007 8,723 (284) 4,979 Turn Fees & Terminal Office Rents 9,096 8,502 (594) 7,80 Aircraft Parking Total Airline Revenue/Cost $209,765 $23,636 $3,87 $93,309 Less: ASIP (9,676) (0,20) (534) (2,829) Airline Costs/Revenue - GAAP Basis $200,088 $203,426 $3,338 $90,480 Reconciliation to Use Agreement Basis Less: Prior year Trueup ($8,943) - $8,943 - Add: Current year Trueup 5,203 9,56 4,358 8,943 Airline Costs/Revenue - Use Agreement $96,349 $22,987 $6,638 $99,423 FY2 Forecast does not include budget amendment of $3. million. $2.8 million of airline costs. 2 FY2 Forecast Airline Cost calcuation has been changed to reflect correction in Terminal Leases. 6

9 Calculation of Cost Per Enplanement (CPE) Actual Forecast 3 (Unfavorable) FY 20 Actual Passenger Airline Enplanements 29,20 28, ,859 Passenger Airline CPE - Use Agreement Basis Airline Cost/Revenue $206,025 $223,97 7,7 $202,252 Less: Cargo and GA Landing Fees (9,863) (0,025) (62) (9,725) Add Back: Cargo and GA true-up and threshold adjustment (383) 283 Total PAX Airline Revenue 96,833 23,458 6,625 92,809 Less: ASIP - Passenger Airlines (9,676) (0,20) (534) (2,829) Total PAX Airline Revenue post ASIP $87,56 $203,248 $6,092 $89,980 CPE - Use Agreement Basis 2 $6.43 $7.02 $0.60 $6.58 Passenger Airline CPE - GAAP Basis Total PAX Airline Revenue post ASIP $87,56 $203,248 $6,092 $89,980 Add Back: Prior year true-up 8,279 (8,279) - Less: Current year true-up (4,856) (8,750) (3,894) (8,279) Total Passenger Airline Cost/Revenue $90,580 $94,498 $3,98 $8,70 CPE - GAAP Basis 2 $6.54 $6.72 $0.8 $6.30 General Aviation enplanements are excluded from CPE calculation 2 Actual rates, not in 000's 3 FY2 Forecast does not include budget amendment of $3. million. 7

10 Rates, Fees and Charges Forecast Enplaned Passengers (000's) Scheduled Passenger Airlines Actual Forecast (Unfavorable) 20 Actual AeroMexico American 2,002 2,472 (470) 20,998 American Eagle/Executive Airlines 3,483 3, ,55 Jazz Air/Air Canada British Airways Delta,07,066 4,064 AirTran Frontier (32) 252 Korean Air (2) 45 KLM Lufthansa Spirit Sun Country 7 77 (6) 76 Grupo Taca United/Continental US Airways Virgin America (9) 49 Alaska (23) 42 Emirates Qantas Cayman Airways - - JetBlue Total Scheduled Passenger Airlines 29,093 28, ,786 Non-Scheduled Service Other Passenger Carriers (55) 8 Total Non-Scheduled Service (55) 8 Total 29,27 28, ,867 Enplanements by Terminal Terminal A 6,457 5, ,927 Terminal B 3,74 3,42 (247) 3,309 Terminal C 8,905 9,446 (54) 8,437 Terminal D 6,488 6,904 (46) 6,349 Terminal E 4,095 3, ,837 Other Total Enplanements by Terminal 29,27 28, ,867 8

11 Airfield Cost Center Summary Actual Forecast (Unfavorable) FY 20 Actual Revenues Passenger Landing Fees $03,97 $,69 ($8,494) $03,984 Cargo Landing Fees 9,58 9,739 (58) 9,443 Airline Bad Debt (5) - (5) 338 Aircraft Parking (07) 262 Corporate Aviation,873,880 (6),776 Fuel Facility 5,47 5,47-5,47 DPS 2,944 2, ,879 Other Threshold Adjustment from DFW Cost Center,399 -,399 8,883 Total Revenues $35,40 $3,826 $3,34 $32,989 Expenses Direct Expenses $26,203 $25,336 ($866) $22,507 DPS 25,076 25, ,945 Indirect Expenses 6,206 7,498,292 7,29 Debt Service 63,560 63, ,026 Total Expenses $3,045 $3,826 $78 $24,698 Trueup from Airfield Cost Center activity $4,095 - $4,095 $8,29 FY2 Forecast does not include budget amendment of $3. million. 9

12 Airfield Cost Center Summary Actual Forecast (Unfavorable) FY 20 Actual Airfield Cost Center Expenditures Operating Expenses $67,484 $68,045 $56 $65,672 Net Debt Service 63,560 63, ,026 Total Expenses $3,045 $3,826 $782 $24,698 Revenues Aircraft Parking $243 $350 ($07) $262 Corporate Aviation,873,880 (6),776 Fuel Facility 5,47 5,47-5,47 DPS 2,944 2, ,879 Other Total Other Revenues 0,963 0, ,680 FY Activity Trueup applied in FY2 8,29-8,29 - Total Revenues before Landing Fees 9,255 0,397 8,858 0,680 Landing Fees Needed to Balance Expenses,790 2,430 9,640 4,08 Landing Fees Collected 04,486 2,430 6,944 3,427 Airfield Cost Center Trueup before Threshold Adjustment (7,304) - 7,304 (592) Threshold Adjustment from DFW Cost Center,399 - (,399) 8,883 Trueup from Airfield Cost Center activity $4,095 - ($4,095) $8,29 FY2 Forecast does not include budget amendment of $3. million. $2.8 million of airline costs. 0

13 Calculation of Airline Landing Fee Actual Forecast 3 (Unfavorable) Airfield Expenses O&M Expenses $26,203 $25,336 ($866) $22,507 Indirect Expenses 6,206 7,498,292 7,29 DPS Expenses 25,076 25, ,945 Debt Service 63,560 63, ,026 Total Airline Expenses $3,045 $3,826 $782 $24,698 Less Other Airfield Revenue: Bad Debt Expense (5) - (5) 338 Threshold Adjustment from DFW Cost Center,399 -,399 8,883 DPS Revenues 2,944 2, ,879 Indirect Revenues Aircraft Parking (07) 262 Corporate Aviation,633,593 40,494 Fuel Facility 5,47 5,47-5,47 Total Airline Revenues 2,642 0,0,532 9,280 FY 20 Actual GAAP Basis Net Airfield Cost 09,402 2,77 2,34 05,48 Total Signatory Landed Weights 35,968 36, (43) 35,726 GAAP Basis Signatory Landing Fee Rate (per,000 lbs) 2 $2.98 $3.33 ($0.35) $3.3 Total Non-Signatory Landed Weights GAAP Basis Non-Signatory Landing Fee Rate (per,000 lbs) 2 $3.73 $4.6 ($0.43) $3.9 Adjustments Prior year True-up ($8,29) - ($8,29) - Current year True-up 4,095-4, ($4,96) - ($4,96) $592 Use Agreement Basis Net Airfield Cost 05,206 2,77 (6,50) 06,009 Total Signatory Landed Weights 35,968 36, (43) 35,726 Use Agreement Basis Signatory Landing Fee Rate (per,000 lbs) 2 $2.87 $3.33 ($0.46) $2.90 Total Non-Signatory Landed Weights Use Agreement Basis Non-Signatory Landing Fee Rate (per,000 lbs) 2 $3.59 $4.6 ($0.58) $3.62 Landed weights are shown in millions. 2 FY and FY 20 Actual data shown for informational purposes only. The calculated landing fee rate in the actual column has no impact on fees owed/paid by airlines. 3 FY2 Forecast does not include budget amendment of $3. million.

14 Terminal Cost Center Summary Actual Forecast (Unfavorable) FY 20 Actual Revenues Airline Terminal Leases $74,540 $74,92 $348 $65,775 FIS Facility Revenue 9,007 8, ,979 Common Use Fees and Other Office Space 9,2 8, ,889 TSA Rent 976,538 (562),532 Catering Fee 3,889 3, ,937 Concessions O&M Reimubursement 4,64 4,672 (57) 4,808 Other Revenue DPS 2,742 2, ,066 DFW Joint Fund Capital Transfer 24,000 24,000-28,000 Terminal Contribution 4,203 4,725 (522) 4,087 Total Revenues $53,502 $52,593 $909 $43,089 Expenses Direct Expenses $62,390 $58,790 ($3,600) $57,434 DPS 23,359 23,024 (335) 8,63 Utilities 0,689 2,7,428 0,445 Indirect Expenses 43,786 46,969 3,83 45,25 Debt Service 2,70,693 (477) 0,82 Total Expenses $52,394 $52,593 $99 $42,438 Trueup from Terminal Cost Center activity $,08 - $,08 $65 FY2 Forecast does not include budget amendment of $3. million. 2

15 Terminal Cost Center Summary Actual Forecast (Unfavorable) FY 20 Actual Terminal Cost Center Expenditures Operating Expenses $40,224 $40,900 $675 $3,67 Net Debt Service 2,70,693 (477) 0,82 Total Expenses $52,394 $52,593 $99 $42,438 Revenues Operating Revenue FIS Fees $9,007 $8,723 $284 $4,979 Turn Fees & Office Rents 9,2 8, ,889 Other 2,64 2, ,36 Operating Revenue before Leases 40,760 39,677,083 35,228 Transfers DFW Contribution/FIC Credit 4,203 4,725 (522) 4,087 Joint Capital Transfer 24,000 24, ,000 Total Transfers 38,203 38,725 (522) 42,087 FY Activity Trueup applied in FY Total Revenues before Leases 79,64 78,40,23 77,35 Leases Needed to Balance Expenses 72,780 74,92,4 65,23 Leases Collected 73,888 74,92 (303) 65,775 Trueup from Terminal Cost Center activity $,08 - ($,08) $65 FY2 Forecast does not include budget amendment of $3. million. $2.8 million of airline costs. 3

16 Terminal Cost Summary Actual Forecast 2 (Unfavorable) FY 20 Actual Terminal Cost Terminal O&M $62,390 $58,790 ($3,600) $57,434 DPS 20,67 23,024 2,407 6,547 Utilities 0,689 2,7,428 0,445 Indirect Expenses 43,786 46,969 3,83 45,25 Terminal Debt Service 2,70,693 (477) 0,82 Total Terminal Cost before AA Maintenance Credit $49,652 $52,593 $2,94 $40,373 AA Maintenance Credit 36,900 36,900-35,000 Total Terminal Cost before Terminal Cost Center True Up $86,552 $89,493 $2,94 $75,373 Trueup from Terminal Cost Center (,08) -,08 (65) Total Terminal Cost $85,444 $89,493 $4,049 $74,72 Shown net of revenues 2 FY2 Forecast does not include budget amendment of $3. million. 4

17 FIS Facility Fees Actual Forecast (Unfavorable) FY 20 Actual Total Terminal Cost $84,90 $89,493 $4,592 $74,72 Terminal FIS Cost $84,90 $89,493 $4,592 $74,72 FIS Facility Square Feet 406,89 406, ,765 Total Terminal Square Feet 4,6,909 4,6, ,6,792 FIS Facility Sq Ft/Total Terminal Sq Ft 9.9% 9.9% 0.0% 9.9% FIS Net Facility Cost $8,275 $8,723 $449 $7,264 Deplaned Passengers 2,448,254 2,42,79 35,463 2,252,578 FIS Rate 2 3 $7.46 $7.76 ($0.30) $7.66 FY2 Forecast does not include budget amendment of $3. million. 2 Actual rates, not in 000's 3 FY and FY 20 Actual data shown for informational purposes only. The calculated FIS rate in the actual column has no impact on fees owed/paid by airlines. 5

18 DFW Terminal Contribution Actual Forecast (Unfavorable) FY 20 Actual DFW Common Use/Vacant Square Footage 56,680 53,078 3,602 52,56 Airline Leaseable Terminal Square Footage,267,29,268,09 (890),268,09 DFW % of Square Footage 2.4% 2.% 0.3% 2.0% Total Terminal Cost with True up $85,444 $89,493 ($4,049) $74,72 X DFW % of Square Footage 2.4% 2.% 0.3% 2.0% DFW Base Rent $22,930 $22,876 $54 $2,02 Less: Common Use Revenue 9,2 8,502 (60) 7,889 Less: DFW FIS Revenue Share 2,350 2,260 (90),802 Less: DFW Concessions O&M Reimbursement (7) 578 DFW Gross Rent $0,897 $,550 ($653) $0,752 DFW Common/Vacant Space Rent Allocation 80% 80% 0% 80% DFW Terminal Rent Before Credit Addback $8,78 $9,240 ($522) $8,602 Plus Adjustments: American Airlines FIC Credit 4,860 4,860-4,860 Terminal E Rent Credit Total DFW Terminal Rent $4,203 $4,725 ($522) $4,087 DFW Rent/Common Use Square Foot 2 $90.65 $96.9 ($5.54) $92.33 FY2 Forecast does not include budget amendment of $3. million. 2 Actual rates, not in 000's 6

19 Terminal Leased Square Feet FY Actual Airline Terminal A Terminal B Terminal C Terminal D Terminal E Total % of Total American Airlines 335,487 7,45 295,082 8, , % AirTran ,204 2, % Alaska ,203 3, % Delta ,22 4,22 3.3% Frontier ,3 8,3 0.6% Spirit ,0 4,0 0.3% US Airways ,77 24,77 2.0% United ,729 38,729 3.% Virgin America ,36 4,36 0.3% Total Airline Leased 335,487 7,45 295,082 8,95 26,55,0, % DFW Common Use 0 6, ,97 0,948 00,8 8.0% Vacant Leasable ,787 34,082 55, % Total Board Responsibility 0 6, ,704 45,030 56, % Airline Leasable Terminal Square Feet 335,487 78,36 295, ,69 7,58,267,29 00% 7

20 Terminal Leased Square Feet FY Forecast Airline Terminal A Terminal B Terminal C Terminal D Terminal E Total % of Total American Airlines 335,487 70,97 295,082 8, , % Executive Airlines % Continental ,762 24, % AirTran ,227 3,227.0% Delta ,364 39,364 3.% Frontier ,433 8, % US Airways ,77 24,77.9% United ,78 6,78.3% Virgin America ,36 4,36 0.3% Total Airline Leased 335,487 7,45 295,082 8,95 3,042,4, % DFW Common Use 0 6, ,83 20,046 09, % Vacant Leasable ,620 20,653 43, % Total Board Responsibility 0 6, ,433 40,699 53,078 2.% Airline Leasable Terminal Square Feet 335,487 78,36 295, ,348 7,74,268,09 00% 8

21 Airline Terminal Rents FY FY 2 FY 20 Terminal Actual Forecast Actual A B C D E Total Total (Unfavorable) Total Airline Leased Square Footage 335,487 7,45 295,082 8,95 26,55,0,449,4,94 (4,492),5,459 % Leased by Terminal 30.2% 5.4% 26.6% 6.4%.4% 00.0% 00.0% 0.0% 00.0% Total Terminal Cost $85,444 $89,493 $4,049 $74,72 Less: DFW Contribution 8,78 9, ,602 Annual Capital Transfer 24,000 24,000-28,000 Common Use Revenue 9,2 8,502 (60) 7,889 FIS Facility Revenue 9,007 8,723 (284) 4,979 Catering Fee 3,889 3,76 (73) 3,937 DPS 2,742 2,503 (239) - Other Revenue (397) 8 Concessions O&M Reimbursement 4,64 4, ,808 TSA Rent 976, ,532 Net Terminal Cost Before Credits $4,708 $9,080 $4,372 $04,957 Airline Terminal Rents Before Credits $34,655 $7,707 $30,482 $8,792 $3,073 $4,708 $9,080 $4,372 $04,957 Average Terminal Rate $03.30 $03.30 $03.30 $03.30 $03.30 $03.30 $06.80 $3.50 $94.09 Less Adjustments: AA Terminal A&C Debt Credit 2,586 2,274 4,860 4,860-4,860 Terminal E Rent Credit AA Maintenance Credit 9,632 7,268 36,900 36,900-35,000 Total Airline Rent $2,438 $7,707 $0,940 $8,792 $2,448 $72,323 $76,695 $4,372 $64,472 Actual Airline Rent/Square Foot After Credits $37.07 $03.30 $37.07 $03.30 $98.36 $65.3 FY Forecast $38.33 $04.56 $38.33 $04.56 $99.79 $66.54 (Unfavorable) $.26 $.26 $.26 $.26 $.43 $.4 Actual rates, not in 000's 2 FY2 Forecast does not include budget amendment of $3. million. 9

22 DFW Cost Center Summary Actual Forecast (Unfavorable) FY 20 Actual Revenues Commercial Development $34,468 $32,662 $,806 $36,543 Non-Terminal Concessions,253,243,337 Terminal Concessions 54,809 47,795 7,04 5,77 Rental Car Ground Rent 4,274 4,568 (294) 4,80 Rental Car Center % Rent 23,472 22, ,59 Utilities 4,903 4, ,529 Parking 0,84 08,057 2,785 07,59 Taxis and Limos 8,248 7, ,705 Employee Transportation 0,200,734 (,534) 8,9 DPS Revenue,52,36 5,35 Other,555,428 26,460 Interest Income 2,30 2,58 (26) 3,59 Total Revenues $257,835 $246,55 $,680 $250,02 Expenses Commercial Development $3,065 $3,284 $29 $2,950 Parking 4,08 40,80 (307) 39,34 Terminal Concessions 5,32 6, ,893 Taxis and Limos 6,87 7, ,627 Employee Transportation 7,488 8, ,289 Skylink 2,430 2, ,999 Utilities 4,320 5,787,467 3,790 Indirect Expenses 33,837 37,040 3,203 36,80 DPS Expenses 2,875 2,55 (36),845 Debt Service 30,680 30, ,655 Total Expenses $66,933 $73,269 $6,336 $64,72 Net Revenues $90,902 $72,886 $8,06 $85,93 Less: DFW Terminal Contribution 4,203 4, ,087 Net to DFW Capital Fund prior to Threshold Adjustment $76,699 $58,6 $8,538 $7,844 Less Capital Threshold 6,500 6,500-60,000 Activity over base $5,99 - $5,99 $,844 Allocation to Airfield Cost Center (75%),399 -,399 8,883 Allocation to DFW Cost Center (25%) 3,800-3,800 2,96 Net to DFW Capital Fund After Threshold Adjustment $65,300 $58,6 $7,39 $62,96 FY2 Forecast does not include budget amendment of $3. million. 20

23 Indirect Cost Allocation Actual FY Forecast FY 2 Actual FY 20 Total Net O & M Indirect Costs $93,767 $02,29 $99,4 Actual FY Cost Center Direct Expenses % of Total Allocation Airfield $48,334,89 7.3% $6,95,053 Terminal 30,596, % 43,757,442 DFW 00,92, % 33,84,595 Total Direct Expenses $279,852,249 $93,767,090 Indirect Cost Rate 33.5% Forecast FY 2 Cost Center Direct Expenses % of Total Allocation Airfield $47,806,508 7.% $7,489,28 Terminal 28,327, % 46,946,646 DFW 03,279, % 37,783,356 Total Direct Expenses $279,43,834 $02,29,283 Indirect Cost Rate 37.2% Actual FY 20 Cost Center Direct Expenses % of Total Allocation Airfield $45,572, % $7,22,346 Terminal 9,426, % 45,06,08 DFW 97,42, % 36,795,77 Total Direct Expenses $262,42,008 $99,3,63 Indirect Cost Rate 37.8% All Expenses and Allocations are shown net of Indirect Revenues 2 Does not include Board approved budget increase of $3. million and agrees to published forecast. 2

24 Allocation of Operating and Maintenance Expenses Actual FY Forecast 2 Actual Department Airfield Terminal DFW Indirect Utilities DPS Total FY (Unfavorable) FY 20 Executive Office $ $ () $3,437 $ $ $3,436 $5,574 $2,38 $3,203 Legal Department , ,76 2,042 (,34) 2,530 Audit Services Department , ,4 2,252,948 Airport Development & Engineering (224) 255 Human Resources Department , ,049 5,248 (80) 5,046 Internal Communications & Diversity Office Procurement & Materials Management Department , ,795 5, ,685 Administration & Diversity Department (520) 476 Risk Management 588, , ,306 7, ,650 Business Development & Diversity Department - - -,27 - -,27, Treasury Department - -,72 - -,72,250 78,295 Finance Department ,505-5,505 5, ,429 Information Technology Services Department 20 6,987,23 22, ,285 32, ,793 Public Affairs Department , ,289 5, ,77 Air Service Development Department 2, ,400 2, ,020 Aviation Real Estate ,92,57 325,249 Customer Service Department 4,566 6, ,808,360 (448) 0,963 Marketing Services Department 2,255 90,266 2, ,379 6, ,569 Airport Operations Department 4,609 -,824 3, ,349 0, ,393 Asset Management Department 6,464 40,353 6,748 0,649 2,494-66,708 66,66 (92) 67,475 Department of Public Safety ,257 60,275 59,93 (362) 56,429 Energy & Transportation Management 2,49 8,34 2,430,020 2, ,78 59,23 3,405 55,27 Environmental Affairs Department 4, ,868 5, ,676 Planning Department , ,070 2,084 4,800 Commercial Development Department - - 2, ,055 2, ,098 Parking Department , ,882 40,875 (7) 38,707 Concessions Department - - 2, ,725 2, ,429 Total Airport Non Departmental 565 (23) 06 3, ,29 4,689 (440) 7,70 Total Outlook Expenses $26,203 $62,390 $85,226 $93,828 $5,00 $6,3 $343,967 $35,387 $7,420 $332,467 Forecast 25,336 58,790 86,339 02,225 7,904 60,793 35,387 Variance ($867) ($3,600) $,3 $8,397 $2,894 ($58) $7,420 Represents costs charged to cost center 400 (HVAC), cost center 460 (Water/Sewer), and cost center 465 (Trash). Amounts are allocated based on BTU (HVAC), meter usage (Water/Sewer), and bin locations (Trash). 2 FY2 Forecast does not include budget amendment of $3. million. 22

25 Calculation of Joint Revenue Bond Existing Debt Service FY Actual Forecast (Unfavorable) Actual FY 20 Existing Debt Service $24,298 $242,862 $,564 $228,97 RAC Debt Service 2 4,35 4, ,423 Hotel Debt Service 2,02 - (,02) - Gross Debt Service 246,75 247, ,394 Offsets: Interest Income (interest & sinking fund) (49) (94) 54 (94) Debt Service 246, , ,300 Debt Service Paid By PFC's (38,522) (39,772) (,25) (30,500) Debt Service Paid By CFC's (5,929) (4,55),378 (4,423) Net Debt Service After PFC's $02,52 $02,995 $844 $98,377 25% Debt Coverage 6,65 60,692 (959) 57,29 Coverage Balance (58,05) (57,385) 720 (57,093) Incremental Coverage for Allocation 3,545 3,307 (239) 26 Net Coverage for Allocation to Cost Centers 3,545 3,307 (239) 26 Net Debt Service After PFC's 02,52 02, ,377 Net Debt Service to be Allocated $05,697 $06,302 $605 $98,503 Net Debt Service allocated to Airfield Cost Center $63,48 $63,78 $363 $59,026 Net Debt Service allocated to Terminal Cost Center $,627 $,693 $67 $0,82 Net Debt Service allocated to DFW Cost Center $30,652 $30,828 $76 $28,655 Total Net Debt Service $05,697 $06,302 $605 $98,503 Adjusted by Board Approved Action in 4th Quarter 2 Refunding of existing debt 23

26 Caluclation of Joint Revenue Bond New Debt Service FY Actual Forecast Variance New Use Agreement Gross Debt Service $22,962 - $22,962 Offsets: Capitalized Interest (22,375) - (22,375) Interest Income (interest & sinking fund) (6) - (6) Debt Service Debt Service Paid By PFC's Net Debt Service After PFC's % Debt Coverage Coverage Balance Remain Coverage for Allocation Net Coverage for Allocation to Cost Centers Net Debt Service After PFC's and Cap I Net Debt Service to be Allocated $74 - $74 Net Debt Service allocated to Airfield Cost Center $42 - $42 Net Debt Service allocated to Terminal Cost Center Net Debt Service allocated to DFW Cost Center Total Net Debt Service $74 $74 Adjusted by Board Approved Action in 4th Quarter 24

27 Joint Revenue Bond Debt Service and Coverage Bond Series Interest Principal Capitalized Interest FY Total Gross Debt Service Forecast (Unfavorable) 2000A $7, $7,22 $5,39 ($,73) 200A 3,534 2,236-5,769 5,287 (482) 2002A 6,206 7,887-24,092 24, B, , (,755) 2002C,27 - -,27 28 (,43) 2003A 66, ,688 74,842 8, C (608) 2003C (632) 2004B 0, ,508 0, ,863,85-6,049 6, A,539 25,85-36,724 37, A 3 5,345-5, A 3, , C 7,368 2,582-9,950 0, D 0,909 4,70-5,6 23,892 8,28 20E 2,076 6,532-8,608,59 (7,07) 20F ,38 2,38 20G ,787 8,787 A (23) B 2,266 2,06-24,372 - (24,372) C 5,265-5, (7) D 3,43-2, (447) E,24 - -,24 - (,24) F (79) Gross Debt Service $95,362 $74,35 $27,828 $24,885 $24,073 ($82) FY Actual Forecast (Unfavorable) FY 20 Actual Existing Debt Service $24,298 $242,862 $,564 $228,97 New Debt Service 22,962 - (22,962) - RAC Debt Service 2 4,35 4, ,423 Hotel Debt Service 2,02 - (,02) - Gross Debt Service 269,73 247,43 (22,300) 233,394 Offsets: Capitalized Interest New Debt (22,375) - 22,375 - Interest Income (interest & sinking fund) (65) (94) 70 (94) Debt Service 247,73 247, ,300 Debt Service Paid By PFC's (38,522) (39,772) (,25) (30,500) Debt Service Paid By CFC's (5,929) (4,55),378 (4,423) Net Debt Service After PFC's $02,722 $02,995 $273 $98,377 25% Debt Coverage 6,793 60,692 (,0) 57,29 Coverage Balance (58,05) (57,385) 720 (57,093) Incremental Coverage for Allocation 3,688 3,307 (38) Net Coverage for Allocation to DFW Cost Center Net Debt Service After PFC's Net Debt Service to be Allocated 3,688 3,307 (38) 26 02,722 02, ,377 $06,40 $06,302 ($08) $98,503 Net Debt Service allocated to Airfield Cost Center Net Debt Service allocated to Terminal Cost Center Net Debt Service allocated to DFW Cost Center Total Net Debt Service $63,560 $63,78 $22 $59,026 $2,70 $,693 ($477) $0,82 $30,680 $30,828 $47 $28,655 $06,40 $06,302 ($08) $98,503 Adjusted by Board Approved Action in 4th Quarter 2 Refunding of existing debt 3 New debt is reflected in schedule but the net impact for FY2 is zero. 25