XML 21 R6.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements of Cash Flows - MXN ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Profit for the year $ 9,689,600 $ 9,185,474 $ 6,043,717
Adjustments for:      
Employee benefits 45,501 35,532 3,312
Allowance expected credit loss 29,395 41,444 15,487
Depreciation and amortization 2,545,702 2,313,321 2,050,539
(Gain) loss on sale of machinery, equipment and improvements to leased assets (668) 14,232 (3,490)
Net (gain) on derivative financial instruments 0 (6,967) (51,656)
Interest expense for financing activity 3,439,276 2,356,116 1,687,895
Unrealized exchange (gain) (311,969) (261,258) (5,427)
Labor provisions 22,986 3,284 11,753
Income tax expense 3,072,090 3,090,212 1,785,543
Adjustment from operating activities 18,531,913 16,771,390 11,537,673
Trade accounts receivable 50,837 (705,576) (464,395)
Recoverable income tax and other current assets (469,839) 601,434 (299,842)
Concession taxes payable 374,872 (10,719) 94,879
Aeropuertos Mexicanos del Pacífico, S.A.P.I. de C.V. 101,201 227,514 237,205
Accounts payable (213,268) (139,794) 959,177
Taxes payable (47,181) 23,229 (41,990)
Deposits received in guarantee 108,236 109,061 89,859
Cash generated by operating activities 18,436,771 16,876,539 12,112,566
Income taxes paid (4,501,917) (4,356,833) (1,017,120)
Net cash provided by operating activities 13,934,854 12,519,706 11,095,446
Cash flows from investing activities:      
Purchases of machinery, equipment, improvements on leased assets, improvements to concession assets and advance payments to suppliers (10,444,346) (8,431,106) (4,946,784)
Proceeds from sales of machinery and equipment 3,535 5,198 3,215
Acquisition of subsidiary, net of cash acquired (614,792)    
Other investment activities (36,553) (56,475) (25,739)
Net cash used in investing activities (11,092,156) (8,482,383) (4,969,308)
Cash flows from financing activities:      
Dividends declared and paid (7,498,318) (7,313,743)  
Dividends paid to non-controlling interest (135,913) (153,959)  
Capital distribution     (6,014,701)
Repurchase of shares   (1,999,987) (3,000,037)
Proceeds from issuance of debt securities 5,400,000 7,757,588 7,000,000
Proceeds from bank loans 3,715,459 6,872,783 3,779,413
Repayments on bank loans (1,642,132) (4,039,007) (5,941,663)
Payment of debt securities (602,000) (3,800,000) (1,500,000)
Interest paid on leases (4,805) (5,391) (2,598)
Payment of liabilities for lease (17,517) (16,098) (12,466)
Interest capitalized on financial loans (342,554)    
Interest paid on financial loans (3,661,981) (2,227,888) (1,659,473)
Net cash used for by financing activities (4,789,761) (4,925,702) (7,351,525)
Effects of exchange rate changes on cash held: (369,190) (73,034) 113,715
Decrease in cash and cash equivalents (2,316,253) (961,413) (1,111,672)
Cash and cash equivalents at beginning of year 12,371,464 13,332,877 14,444,549
Cash and cash equivalents at the end of year 10,055,211 12,371,464 13,332,877
Non-cash investing activities:      
Purchases of machinery, equipment, improvements on leased assets and improvements to concession assets $ 901,486 $ 853,467 $ 1,427,990