Macquarie Infrastructure Company reported its financial results for 2013 including a 12.2% and 25.4% increase in proportionately combined Free Cash Flow for the fourth quarter and full year, respectively. The increases reflect better than anticipated results at MICs Atlantic Aviation business, partially offset by higher operating expenses and maintenance capital expenditures at International-Matex Tank Terminals. Proportionately combined Free Cash Flow per share for the full-year 2013 increased 11.7% compared with the full-year 2012, excluding swap break fees incurred at Hawaii Gas in 2012. Per share figures for the full year include the impact of a 10.2% increase in the number of the Companys weighted average shares outstanding at year-end. MIC issued 8.8m additional shares during 2013 including shares sold in follow on offerings in May and December. The sales increased MICs weighted average number of shares outstanding at year end by 4.7m versus year end 2012. The proceeds of the sales were used primarily to reduce the indebtedness of and facilitate acquisitions by the Companys Atlantic Aviation business. On February 14, 2014, MICs Atlantic Aviation business signed an agreement to acquire certain of the assets of a Fixed Base Operation (FBO) at Boca Raton Airport in Boca Raton, Florida from Boca Aviation for $35.0m. The acquisition is expected to generate annualized adjusted EBITDA of approximately $3.2m. The Company expects to fund the acquisition using a combination of cash on hand and drawings on the recently upsized term loan facility at Atlantic Aviation. The transaction is expected to close at the end of the first quarter of 2014, subject to the receipt of consent from the Boca Raton Airport Authority and satisfaction of other closing conditions typically associated with a transaction of this size and type.