Revenue Bond Coverage Bradley International Airport Statistical Section Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2003

State of Connecticut

Revenue Bond Coverage
Bradley International Airport
Last Ten Fiscal Years
(Expressed in Thousands)
FOR THE YEAR
ENDED JUNE 30,
GROSS
REVENUES(1)
DIRECT
OPERATING
EXPENSES (2)
NET REVENUE
AVAILABLE
FOR DEBT
SERVICE
DEBT SERVICE REQUIREMENTS
PRINCIPAL INTEREST TOTAL COVERAGE
1994 $34,355 $18,966 $15,389 $2,295 $7,275 $9,570 1.61
1995 40,217 18,757 21,460 2,455 7,104 9,559 2.25
1996 38,313 20,575 17,738 2,630 6,919 9,549 1.86
1997 38,794 19,746 19,048 2,820 6,718 9,538 2.00
1998 46,432 19,396 27,036 3,030 6,502 9,532 2.84
1999 48,133 21,242 26,891 3,240 6,268 9,508 2.83
2000 55,888 21,815 34,073 3,480 6,084 9,564 3.56
2001 53,364 24,688 28,676 6,785 8,291 15,076 1.90
2002 54,712 27,838 26,874 3,860 11,609 15,469 1.74
2003 56,286 31,254 25,032 5,775 10,156 15,931 1.57

(1) Includes Operating and Non-Operating Revenues.
(2) Includes Operating Expenses Less Depreciation, & Interest Expenses.
SOURCES: Bradley International Airport Financial Statements