20-F | 2019-12-31 | Filed 2020-05-28 |
20-F | 2018-12-31 | Filed 2019-04-17 |
20-F | 2017-12-31 | Filed 2018-04-20 |
20-F | 2016-12-31 | Filed 2017-04-12 |
20-F | 2015-12-31 | Filed 2016-04-20 |
20-F | 2014-12-31 | Filed 2015-04-16 |
20-F | 2013-12-31 | Filed 2014-04-16 |
20-F | 2012-12-31 | Filed 2013-04-15 |
20-F | 2011-12-31 | Filed 2012-03-30 |
20-F | 2010-12-31 | Filed 2011-06-15 |
20-F | 2009-12-31 | Filed 2010-06-29 |
Item 17 ☐ Item 18 ☐ |
Part I |
Item 1. Identity of Directors, Senior Management and Advisers |
Item 2. Offer Statistics and Expected Timetable |
Item 3. Key Information |
Item 4. Information on The Company |
Item 4A. Unresolved Staff Comments |
Item 5. Operating and Financial Review and Prospects |
Item 6. Directors, Senior Management and Employees |
Item 7. Major Shareholders and Related Party Transactions |
Item 8. Financial Information |
Item 9. The Offer and Listing |
Item 10. Additional Information |
Item 11. Quantitative and Qualitative Disclosures About Market Risk |
Item 12. Description of Securities Other Than Equity Securities |
Item 12A. Debt Securities |
Item 12B. Warrants and Rights |
Item 12C. Other Securities |
Item 12D. American Depositary Shares |
Part II |
Item 13. Defaults, Dividend Arrearages and Delinquencies |
Item 14. Material Modifications To The Rights of Security Holders and Use of Proceeds |
Item 15. Controls and Procedures |
Item 16. Reserved |
Item 16A. Audit Committee Financial Expert |
Item 16B. Code of Ethics |
Item 16C. Principal Accountant Fees and Services |
Item 16D. Exemptions From The Listing Standards for Audit Committees |
Item 16E. Purchases of Equity Securities By The Issuer and Affiliated Purchasers |
Item 16F. Change in Registrant's Certifying Accountant. |
Item 16G. Corporate Governance |
Part III |
Item 17. Financial Statements |
Item 18. Financial Statements |
Item 19. Exhibits |
EX-1.1 | pac-ex11_11.htm |
EX-8.1 | pac-ex81_10.htm |
EX-11.1 | pac-ex111_9.htm |
EX-12.1 | pac-ex121_8.htm |
EX-12.2 | pac-ex122_6.htm |
EX-13.1 | pac-ex131_7.htm |
Balance Sheet | Income Statement | Cash Flow |
---|---|---|
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 20-F
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2019
Commission File Number: 001-32751
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
(Exact name of registrant as specified in its charter)
Pacific Airport Group |
| United Mexican States |
(Translation of registrant’s name into English) |
| (Jurisdiction of incorporation or organization) |
Avenida Mariano Otero No. 1249-B
Torre Pacífico, Piso 6
Col. Rinconada del Bosque
44530 Guadalajara, Jalisco
Mexico
(Address of principal executive offices)
Saúl Villarreal García
Chief Financial Officer
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
Avenida Mariano Otero No. 1249-B
Torre Pacífico, Piso 6
Col. Rinconada del Bosque
44530 Guadalajara, Jalisco
Mexico
Telephone: + 52 (33) 38801100 ext. 20151
svillarreal@aeropuertosgap.com.mx
(Name, telephone, e-mail and/or facsimile number and address of company contact person)
Securities registered or to be registered pursuant to Section 12(b) of the Act:
Title of each class |
| Trading Symbol(s) |
| Name of each exchange on which registered |
Series B Shares |
| GAP B |
| New York Stock Exchange, Inc.* |
American Depositary Shares (ADSs), each representing ten Series B Shares |
| PAC |
| New York Stock Exchange, Inc. |
*Not for trading, but only in connection with the registration of American Depositary Shares, pursuant to the requirements of the Securities and Exchange Commission.
Securities registered or to be registered pursuant to Section 12(g) of the Act: None
Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: N/A
Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report:
Title of each class: |
| Number of Shares |
Series B Shares |
| 476,850,000 |
Series BB Shares |
| 84,150,000 |
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐
If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Yes ☐ No ☒
Note: Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 from their obligations under those Sections.
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). N/A
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or an emerging growth company. See definition of “large accelerated filer,” “accelerated filer,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer | ☒ | Accelerated filer | ☐ | Non-accelerated filer | ☐ |
|
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| Emerging growth company | ☐ |
If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards* provided pursuant to Section 13(a) of the Exchange Act. ☐
*The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012.
Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:
U.S. GAAP ☐ | International Financial Reporting Standards as issued by the International Accounting Standards Board | ☒ | Other | ☐ |
If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow:
Item 17 |
| ☐ |
| Item 18 |
| ☐ |
If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒
As previously reported by Grupo Aeroportuario del Pacifico, S.A.B de C.V. in its current report on Form 6-K as filed with the U.S. Securities and Exchange Commission on April 24, 2020, the filing of this annual report on Form 20-F for the period ended December 31, 2019 was delayed due to circumstances related to COVID-19. As a result of the COVID-19 pandemic, has caused severe disruptions in travel and transportation, as well as limited access to the Company’s facilities, resulting in limited support from its staff. This has, in turn, delayed the Company’s ability to complete the 2019 Annual Report and the 20-F Report, as a result, the Company included the risk factors section in the report.
The Company is relying on the U.S. Securities and Exchange Commission Order Under Section 36 of the Securities Exchange Act of 1934 Granting Exemptions from Specified Provisions of the Exchange Act and Certain Rules Thereunder (SEC Release No. 34-88318) dated March 4, 2020, as amended, on March 25, 2020 (SEC Release No. 34-88465) to file this annual report on the date hereof.
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| Material Modifications to the Rights of Security Holders and Use of Proceeds |
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ii
This annual report on Form 20-F contains forward-looking statements. We may from time to time make forward-looking statements in our reports to the Securities and Exchange Commission, or the SEC, on Forms 20-F and 6-K, in our annual reports to shareholders, in offering circulars and prospectuses, in press releases and other written materials and in oral statements made by our officers, directors or employees to financial analysts, institutional investors, representatives of the media and others. Examples of such forward-looking statements include:
| • | projections of revenues, income from operations, net income (loss), net income (loss) per share, capital expenditures, dividends, capital structure or other financial items or ratios; |
| • | statements of our plans or objectives; |
| • | changes in our regulatory environment; |
| • | statements about our future economic performance or that of the countries in which we operate or the countries to and from which the passengers who use our airports arrive and depart; and |
| • | statements of assumptions underlying such statements. |
Words such as “believe,” “anticipate,” “plan,” “expect,” “intend,” “target,” “estimate,” “project,” “predict,” “forecast,” “guideline,” “should” and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements.
Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from the projections, plans, objectives, expectations, estimates and intentions expressed in forward-looking statements. These factors, some of which are discussed below under “Risk Factors,” include material changes in the performance or terms of our concessions, developments in legal proceedings, economic and political conditions and government policies in Mexico, Jamaica or elsewhere, inflation rates, exchange rates, regulatory developments, customer demand and competition. We caution you that the foregoing list of factors is not exclusive and that eventualities related to other risks and uncertainties, including the duration and severity of the recent coronavirus (“COVID-19”) outbreak and its impacts on our business; may cause actual results to differ materially from those expressed in forward-looking statements.
Forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update them in light of new information or future developments.
1
Not applicable.
Not applicable.
SELECTED FINANCIAL AND OTHER DATA
The following tables present selected financial and other data for each of the periods indicated. This data should be read in conjunction with, and is qualified in its entirety by reference to, our audited consolidated financial statements referred to in Item 18 hereof and included elsewhere in this document, including the notes thereto. Our audited consolidated financial statements are prepared in accordance with International Financial Reporting Standards, or IFRS, as issued by the International Accounting Standards Board, or IASB.
References in this annual report on Form 20-F to “U.S. dollars” or “U.S.$” are to the lawful currency of the United States of America. References in this annual report on Form 20-F to “pesos,” “Mexican pesos” or “Ps.” are to the lawful currency of Mexico. References in this annual report on Form 20-F to “Jamaican dollars” or “J$” are to the lawful currency of Jamaica. We publish our audited consolidated financial statements in Mexican pesos.
This annual report on Form 20-F contains translations of certain peso amounts into U.S. dollars at specified rates solely for the convenience of the reader. These translations should not be construed as representations that the peso amounts actually represent such U.S. dollar amounts or could be converted into U.S. dollars at the rate indicated. Unless otherwise indicated, U.S. dollar amounts have been translated from Mexican pesos at an exchange rate of Ps.18.8600 to U.S.$1.00, the noon buying rate for pesos on December 31, 2019, as published by the U.S. Federal Reserve Board. On May 22, 2020, the exchange rate for pesos as published by the U.S. Federal Reserve Board was Ps.22.7380 to U.S.$1.00.
This annual report on Form 20-F contains references to “workload units,” which are units measuring an airport’s passenger traffic volume and cargo volume. A workload unit currently is equivalent to one terminal passenger or 100 kilograms (220 pounds) of cargo. When we refer to “terminal passengers,” we mean the sum of all arriving and departing passengers on commercial and general aviation flights, other than transit passengers. “Transit passengers” are those who are generally not required to change aircraft while on a multiple-stop itinerary and who generally do not disembark from their aircraft to enter the terminal building. When we refer to “total passengers,” we mean the sum of terminal passengers and transit passengers. When we refer to “commercial aviation passengers,” we mean the sum of terminal and transit passengers, excluding general aviation passengers, such as those on private, non-commercial aircraft. This annual report on Form 20-F contains references to “air traffic movements,” which represent the sum of all aircraft arrivals and departures of any kind at an airport.
In reviewing this annual report, you should take into account the fact that certain margin and ratio calculations that utilize “total revenues” or “total operating costs” will reflect the effects of International Financial Reporting Interpretation Committee 12 Service Concession Arrangements (“IFRIC 12”), which provides the accounting treatment to be followed for service concession contracts for services considered to be public in nature. We recognize revenues and the associated costs of improvements to concession assets that we are obligated to perform at the airports as established by our Master Development Programs for our Mexican airports and by our Capital Development Programs for our Jamaican airports. The amount of revenues for these services are equal to the amount of costs incurred, as we do not obtain any profit margin for these construction services. The amounts paid are set at market value. As a result, revenues from improvements to concession assets do not have a cash impact on our results and do not represent a cash inflow. Furthermore, they are not directly related to our passenger traffic, which is the main driver of our revenues.
Consequently, changes in total revenues, total operating costs, operating margin, total revenues per terminal passenger and other ratios included in this annual report, as well as other ratios potentially useful to investors, may not be comparable between periods. In such instances we have included a parenthetical notation with comparable amounts or measures. Nominal results for amounts used in calculating certain margins, such as income from operations, are not affected by the adoption of IFRIC 12 and are therefore comparable. See “Item 5, Operating and Financial Review and Prospects – Critical Accounting Policies.”
As a result of our acquisition of Desarrollo de Concesiones Aeroportuarias, S.L. (“DCA”) in April 2015, our selected consolidated financial and operating data for the fiscal year ended December 31, 2015 includes the consolidation of DCA’s financial and operating data from April 1, 2015. Therefore, financial and operating data for the fiscal year ended December 31, 2015 may not be directly comparable with financial and operating data for prior or subsequent fiscal years. DCA has a 74.5% stake in MBJ Airports Limited (“MBJA”), the entity that holds the concession to operate the Sangster International Airport in Montego Bay, Jamaica (the “Montego Bay International Airport” or “Montego Bay airport”). MBJA uses the U.S. dollar as its functional currency, and its financial statements are prepared in accordance with IFRS. As a result, consolidation of MBJA’s financial statements with GAP’s financial statements do not require any substantial accounting changes.
2
On October 10, 2019, we took control of the operation, management and administration of the Norman Manley International Airport (“NMIA”) located in Kingston, Jamaica, pursuant to a concession agreement that we signed with the Government of Jamaica on October 10, 2018 (the “NMIA Concession Agreement”). PAC Kingston Airport Limited (“PACKAL”), our wholly owned Jamaican subsidiary incorporated in September 2018, holds the concession for the operation of NMIA. As a result of taking over the operation and management of NMIA in October 2019, our selected consolidated financial and operating data for the fiscal year ended December 31, 2019 includes the consolidation of PACKAL’s financial and operating data from October 10, 2019. Therefore, financial and operating data for the fiscal year ended December 31, 2019 may not be directly comparable with financial and operating data for prior fiscal years. PACKAL uses the U.S. dollar as its functional currency, and its financial statements are prepared in accordance with IFRS. As a result, consolidation of PACKAL’s financial statements with GAP’s financial statements do not require any substantial accounting changes.
|
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| Year ended December 31, |
| |||||||||||||||||||||||||||
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| 2015 |
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| 2016 |
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| 2017 |
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| 2018 |
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| 2019 (1) (13) |
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| 2019 (1) |
| |||||||||||||
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| (thousands of pesos, except per share and per ADS data) |
|
| (thousands of U.S. dollars; except per share and per ADS data) (1) |
| ||||||||||||||||||||||||
Profit or loss and other comprehensive income data: |
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Revenues: |
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Aeronautical services (2) |
| Ps. |
| 5,419,022 |
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| Ps. |
| 7,037,920 |
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| Ps. |
| 8,280,522 |
|
| Ps. |
| 9,499,154 |
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| Ps. |
| 10,547,720 |
|
| U.S.$ |
|
| 559,264 |
|
Non-aeronautical services (3) |
|
|
| 1,849,252 |
|
|
|
| 2,393,604 |
|
|
|
| 2,772,905 |
|
|
|
| 3,183,532 |
|
|
|
| 3,771,500 |
|
|
|
|
| 199,973 |
|
Improvements to concession assets (4) |
|
|
| 838,635 |
|
|
|
| 1,676,037 |
|
|
|
| 1,312,491 |
|
|
|
| 1,440,204 |
|
|
|
| 1,906,801 |
|
|
|
|
| 101,103 |
|
Total revenues |
|
|
| 8,106,909 |
|
|
|
| 11,107,561 |
|
|
|
| 12,365,918 |
|
|
|
| 14,122,890 |
|
|
|
| 16,226,021 |
|
|
|
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| 860,340 |
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Operating costs: |
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Costs of services: |
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|
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|
|
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Employee costs |
|
|
| 502,794 |
|
|
|
| 584,560 |
|
|
|
| 663,360 |
|
|
|
| 773,630 |
|
|
|
| 877,068 |
|
|
|
|
| 46,504 |
|
Maintenance |
|
|
| 302,203 |
|
|
|
| 346,805 |
|
|
|
| 505,352 |
|
|
|
| 528,929 |
|
|
|
| 578,510 |
|
|
|
|
| 30,674 |
|
Safety, security & insurance |
|
|
| 249,752 |
|
|
|
| 282,310 |
|
|
|
| 317,023 |
|
|
|
| 386,079 |
|
|
|
| 428,208 |
|
|
|
|
| 22,705 |
|
Utilities |
|
|
| 192,158 |
|
|
|
| 222,891 |
|
|
|
| 278,895 |
|
|
|
| 334,994 |
|
|
|
| 380,370 |
|
|
|
|
| 20,168 |
|
Other |
|
|
| 311,351 |
|
|
|
| 345,805 |
|
|
|
| 345,777 |
|
|
|
| 430,090 |
|
|
|
| 480,708 |
|
|
|
|
| 25,488 |
|
Total costs of services |
|
|
| 1,558,258 |
|
|
|
| 1,782,371 |
|
|
|
| 2,110,407 |
|
|
|
| 2,453,722 |
|
|
|
| 2,744,864 |
|
|
|
|
| 145,539 |
|
Technical assistance fees (5) |
|
|
| 236,507 |
|
|
|
| 301,820 |
|
|
|
| 357,451 |
|
|
|
| 411,477 |
|
|
|
| 461,549 |
|
|
|
|
| 24,472 |
|
Concession taxes (6) |
|
|
| 483,086 |
|
|
|
| 764,349 |
|
|
|
| 944,197 |
|
|
|
| 1,076,350 |
|
|
|
| 1,318,220 |
|
|
|
|
| 69,895 |
|
Depreciation and amortization: |
|
|
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|
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|
|
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|
|
|
|
|
|
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|
Depreciation (7) |
|
|
| 206,724 |
|
|
|
| 300,880 |
|
|
|
| 324,460 |
|
|
|
| 400,205 |
|
|
|
| 446,517 |
|
|
|
|
| 23,675 |
|
Amortization (8) |
|
|
| 949,711 |
|
|
|
| 1,047,507 |
|
|
|
| 1,119,102 |
|
|
|
| 1,169,432 |
|
|
|
| 1,329,620 |
|
|
|
|
| 70,499 |
|
Total depreciation and amortization |
|
|
| 1,156,435 |
|
|
|
| 1,348,387 |
|
|
|
| 1,443,562 |
|
|
|
| 1,569,637 |
|
|
|
| 1,776,137 |
|
|
|
|
| 94,175 |
|
Other (income) expense |
|
|
| (254,612 | ) |
|
|
| (295 | ) |
|
|
| (83,921 | ) |
|
|
| (73,152 | ) |
|
|
| 1,212 |
|
|
|
|
| 64 |
|
Cost of improvements to concession assets (4) |
|
|
| 838,635 |
|
|
|
| 1,676,037 |
|
|
|
| 1,312,491 |
|
|
|
| 1,440,204 |
|
|
|
| 1,906,801 |
|
|
|
|
| 101,103 |
|
Total operating costs |
|
|
| 4,018,309 |
|
|
|
| 5,872,669 |
|
|
|
| 6,084,187 |
|
|
|
| 6,878,238 |
|
|
|
| 8,208,783 |
|
|
|
|
| 435,248 |
|
Income from operations |
|
|
| 4,088,600 |
|
|
|
| 5,234,892 |
|
|
|
| 6,281,731 |
|
|
|
| 7,244,652 |
|
|
|
| 8,017,238 |
|
|
|
|
| 425,092 |
|
Finance cost - net |
|
|
| (456,810 | ) |
|
|
| (603,032 | ) |
|
|
| (99,389 | ) |
|
|
| (236,033 | ) |
|
|
| (671,132 | ) |
|
|
|
| (35,585 | ) |
Share of loss of associates |
|
|
| (13,704 | ) |
|
|
| (11,728 | ) |
|
|
| (10,620 | ) |
|
|
| (947 | ) |
|
|
| 79 |
|
|
|
|
| 4 |
|
Income before income taxes |
|
|
| 3,618,086 |
|
|
|
| 4,620,132 |
|
|
|
| 6,171,722 |
|
|
|
| 7,007,672 |
|
|
|
| 7,346,185 |
|
|
|
|
| 389,511 |
|
Income tax expense |
|
|
| 847,309 |
|
|
|
| 1,266,573 |
|
|
|
| 1,440,641 |
|
|
|
| 1,869,041 |
|
|
|
| 1,891,443 |
|
|
|
|
| 100,289 |
|
Profit for the year |
|
|
| 2,770,777 |
|
|
|
| 3,353,559 |
|
|
|
| 4,731,081 |
|
|
|
| 5,138,631 |
|
|
|
| 5,454,742 |
|
|
|
|
| 289,223 |
|
Other comprehensive income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exchange differences on translating foreign operations |
|
| 482394 |
|
|
|
| 773,453 |
|
|
|
| (226,494 | ) |
|
|
| (103,569 | ) |
|
|
| (269,440 | ) |
|
|
|
| (14,286 | ) | |
Remeasurements of employee benefit – net of income taxes |
|
| n/a |
|
|
| 10773 |
|
|
|
| (2,602 | ) |
|
|
| (161 | ) |
|
|
| (1,404 | ) |
|
|
|
| (74 | ) | ||
Cash flow hedges, effective portion of changes in fair value, net of income tax |
|
| n/a |
|
|
| n/a |
|
|
| n/a |
|
|
| n/a |
|
|
|
| (172,094 | ) |
|
|
|
| (9,125 | ) | ||||
Total comprehensive income for the year |
|
|
| 3,253,171 |
|
|
|
| 4,137,785 |
|
|
|
| 4,501,985 |
|
|
|
| 5,034,901 |
|
|
|
| 5,011,804 |
|
|
|
|
| 265,737 |
|
Profit for the year attributable to: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Controlling interest |
|
|
| 2,726,020 |
|
|
|
| 3,281,884 |
|
|
|
| 4,649,120 |
|
|
|
| 5,037,368 |
|
|
|
| 5,360,152 |
|
|
|
|
| 284,207 |
|
Non-controlling interest |
|
| 44757 |
|
|
|
| 71,675 |
|
|
|
| 81,961 |
|
|
|
| 101,263 |
|
|
|
| 94,590 |
|
|
|
|
| 5,015 |
| |
Profit for the year |
|
|
| 2,770,777 |
|
|
|
| 3,353,559 |
|
|
|
| 4,731,081 |
|
|
|
| 5,138,631 |
|
|
|
| 5,454,742 |
|
|
|
|
| 289,223 |
|
Total comprehensive income for the year |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Controlling interest |
|
|
| 3,141,513 |
|
|
|
| 3,948,323 |
|
|
|
| 4,451,659 |
|
|
|
| 4,936,526 |
|
|
|
| 4,937,027 |
|
|
|
|
| 261,772 |
|
Non-controlling interest |
|
| 111658 |
|
|
|
| 189,462 |
|
|
|
| 50,326 |
|
|
|
| 98,375 |
|
|
|
| 74,777 |
|
|
|
|
| 3,965 |
| |
Total comprehensive income for the year |
|
|
| 3,253,171 |
|
|
|
| 4,137,785 |
|
|
|
| 4,501,985 |
|
|
|
| 5,034,901 |
|
|
|
| 5,011,804 |
|
|
|
|
| 265,737 |
|
Basic and diluted earnings per share (9) |
| Ps. | 5.1867 |
|
| Ps. | 6.2443 |
|
| Ps. | 8.8457 |
|
| Ps. | 9.5845 |
|
| Ps. | 10.1986 |
|
| U.S.$ |
|
| 0.5408 |
| |||||
Dividends per share (10) |
| Ps. | 3.32 |
|
| Ps. |
| 4.0700 |
|
| Ps. |
| 5.7200 |
|
| Ps. |
| 7.6200 |
|
| Ps. |
| 8.4200 |
|
| U.S.$ |
|
| 5.4075 |
| |
Basic and diluted earnings per ADS (9) |
| Ps. | 51.867 |
|
| Ps. |
| 62.4430 |
|
| Ps. |
| 88.4577 |
|
| Ps. |
| 95.8448 |
|
| Ps. | 101.9863 |
|
| U.S.$ |
|
| 0.4464 |
| ||
Dividends per ADS (10) |
| Ps. |
| 33.2000 |
|
| Ps. |
| 40.7000 |
|
| Ps. |
| 57.2000 |
|
| Ps. |
| 76.2000 |
|
| Ps. |
| 84.1954 |
|
| U.S.$ |
|
| 4.4642 |
|
Other operating data: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total terminal passengers (thousands of passengers) (11) |
|
|
| 30,319 |
|
|
|
| 36,549 |
|
|
|
| 40,709 |
|
|
|
| 44,948 |
|
|
|
| 48,709 |
|
|
|
|
|
|
|
Total air traffic movements (thousands of movements) |
|
|
| 462 |
|
|
|
| 513 |
|
|
|
| 527 |
|
|
|
| 552 |
|
|
|
| 557 |
|
|
|
|
|
|
|
Total revenues per terminal passenger (12) |
| Ps. |
| 267 |
|
| Ps. |
| 304 |
|
| Ps. |
| 304 |
|
| Ps. |
| 314 |
|
| Ps. |
| 333 |
|
| U.S.$ |
|
| 18 |
|
Aeronautical and non-aeronautical services per terminal passenger |
| Ps. |
| 240 |
|
| Ps. |
| 258 |
|
| Ps. |
| 272 |
|
| Ps. |
| 282 |
|
| Ps. |
| 294 |
|
| U.S.$ |
|
| 16 |
|
Statement of financial position data: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
| Ps. |
| 2,996,499 |
|
| Ps. |
| 5,188,138 |
|
| Ps. |
| 7,730,143 |
|
| Ps. |
| 6,151,457 |
|
| Ps. |
| 7,500,193 |
|
| U.S.$ |
|
| 397,677 |
|
Total current assets |
|
|
| 3,386,683 |
|
|
|