Abbreviations

aci Airports Council International
acsa Airports Company South Africa SOC Ltd
AGSA Auditor-General of South Africa
amsis Airport Management Share Incentive Scheme
asq Airport Service Quality
b-bbee Broad-based black economic empowerment
ceo Chief Executive Officer
cfo Chief Financial Officer
Companies Act Companies Act (No. 71 of 2008)
coo Chief Operating Office
dbsa Development Bank of Southern Africa
dfi Development Finance Institution
ebitda Earnings before interest, tax, depreciation and amortisation
epm Enterprise Project Management
gdp Gross domestic product
iar Integrated Annual Report
iata International Air Transport Association
icao International Civil Aviation Organization
ict Information, communication and technology
ifrs International Financial Reporting Standards
iirc International Integrated Reporting Council
iso International Standards Organisation
it Information Technology
King IV™ King Code of Governance for South Africa 2016™
kpi Key performance indicator
lbitda Loss before interest, tax, depreciation and amortisation
mial Mumbai International Airport Private Limited
pfma Public Finance Management Act (No. 1 of 1999)
pic Public Investment Corporation
ppe Personal protective equipment
(Pty) Ltd Proprietary Limited
roce Return on capital employed
sacaa South African Civil Aviation Authority
sdg Sustainable Development Goals
sed Socio-economic development
smme Small, medium and micro enterprise
soc State-owned company
spe Special purpose entity
un United Nations