ABBREVIATIONS

ACI

Airports Council International

ACSA

Airports Company South Africa SOC Ltd

AMSIS

Airport Management Share Incentive Scheme

APEX

Airport excellence in safety

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 Executive Officer

DFI

Development Finance Institution

EBITDA

Earnings before interest, tax, depreciation and amortisation

ESAT

Employee satisfaction survey

GDP

Gross domestic product

GRU

Guarulhos International Airport

GruPar

Guarulhos Participações S.A

IAR

Integrated Annual Report

IATA

International Airlines Transport Association

ICAO

International Civil Aviation Organisation

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

LTI

Long-term incentive

MIAL

Mumbai International Airport Private Limited

NEHAWU

National Education, Health and Allied Workers Union

NICD

National Institute of Communicable Diseases

NUMSA

National Union of Metalworkers of South Africa

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

ROE

Return on equity

SAA

South African Airways

SACAA

South African Civil Aviation Authority

SANDA

South African National Deaf Association

SANS

South African National Standards

SAPS

South African Police Service

SED

Socio-economic development

SMMEs

Small, medium and micro enterprises

SOC

State-owned company

SPE

Special purpose entity

STI

Short-term incentive

TSA

USA Department of Homeland Security’s Transportation Security Administration

AIRPORTS

CTIA

Cape Town International Airport

KSIA

King Shaka International Airport

ORTIA

O.R. Tambo International Airport

PLZ

Port Elizabeth International Airport

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