XML 20 R6.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements of Cash Flows - MXN ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Profit of the year $ 1,918,703 $ 5,454,742 $ 5,138,631
Adjustments for:      
Employee benefits 31,382 22,733 7,465
Allowance expected credit loss 86,596 5,299 (15,131)
Depreciation and amortization 2,000,361 1,776,137 1,569,637
Loss (gain) on sale of machinery, equipment and improvements to leased assets (14,375) 586 5,554
Share of loss (profit) of associate (3) (79) 947
Net (gain) loss on derivative financial instruments 43,778 149,770 (29,643)
Interest expense for financing activity 1,388,072 1,142,086 896,165
Unrealized exchange (gain) loss 57,780 (111,544) 10,827
Provisions 428 6,930 (2,650)
Income tax expense 467,067 1,891,443 1,869,041
Adjustment from operating activities 5,979,789 10,338,103 9,450,843
Trade accounts receivable 164,258 (101,537) (383,361)
Recoverable income tax and other current assets (814,271) (28,591) 93,827
Concession taxes payable (253,633) 57,378 43,672
Aeropuertos Mexicanos del Pacífico, S.A.P.I. de C.V. (198,358) 56,985 45,754
Accounts payable (85,718) 11,642 114,384
Taxes payable 43,252 (33,539) 90,811
Deposits received in guarantee (456,787) 26,673 43,121
Cash generated by operating activities 4,378,532 10,327,114 9,499,051
Income taxes paid (811,965) (2,163,057) (2,263,432)
Net cash provided by operating activities 3,566,567 8,164,057 7,235,619
Cash flows from investing activities:      
Purchases of machinery, equipment, improvements on leased assets, improvements to concession assets and advance payments to suppliers (3,160,111) (2,478,988) (2,501,656)
Proceeds from sales of machinery and equipment 6,248 4,186 6,604
Equity reimbursement from associate     10,034
Cash flows by concession right   (97,628) (50,354)
Other investment activities (63,828) (13,665) (15,039)
Net cash used in investing activities (3,217,691) (2,586,095) (2,550,411)
Cash flows from financing activities:      
Dividends declared and paid   (4,425,346) (4,004,886)
Dividends paid to non-controlling interest   (146,715) (274,685)
Capital distribution   (1,592,494) (1,250,870)
Proceeds from issuance of debt securities 7,200,000 3,000,000  
Proceeds from bank loans 2,709,125 96,308 534,807
Repayments on bank loans     (252,095)
Payment of debt securities (2,200,000)    
Interest paid on leasing (2,582) (3,703) (3,733)
Payment of obligations for leases (12,977) (16,261) (11,504)
Interest paid on financial loans (1,405,139) (1,143,318) (903,728)
Net cash (used in) generated by financing activities 6,288,427 (4,231,529) (6,166,694)
Effects of exchange rate changes on cash held: 307,053 2,303 (97,200)
(Decrease) increase in cash and cash equivalents 6,944,356 1,348,736 (1,578,686)
Cash and cash equivalents at beginning of year 7,500,193 6,151,457 7,730,143
Cash and cash equivalents at the end of year 14,444,549 7,500,193 6,151,457
Non-cash investing activities:      
Purchases of machinery, equipment, improvements on leased assets and improvements to concession assets $ 540,854 $ 286,409 $ 318,519