Segment Information:

12 Months Ended

Dec. 31, 2018

Disclosure of operating segments [abstract]

Disclosure of entity's operating segments [text block]

Note 2 - Segment information:

The Company is a Mexican entity that was incorporated in April 1998 as a wholly-owned entity of the federal public government to administer, operate and if necessary, condition and modernize nine airports in the Southeast of Mexico. The nine airports are located in the following cities: Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula and Minatitlán. The Company operates two companies that provide administrative services: Servicios Aeroportuarios del Sureste, S. A. and C. V. and RH Asur, S. A. de C. V.

In addition, Cancún Airport holds an interest in the following subsidiaries: 100% in Caribbean Logistic, S. A. de C. V. and Cargo RF, S. A. de C. V, companies providing storage services, handling services, warehousing and custody of foreign trade merchandise and the related to the premises inspected at airports concessioned to third parties, as well as Cancún Airport Services, S. A. de C. V., whose main activity is to establish and operate shops, for the sale of all type of products.

On May 26, 2017, Cancún Airport increased its shareholding from 50% to 60%, in Aerostar Airport Holdings LLC, a limited liability Company, incorporated on February 27, 2013 under the laws of the Commonwealth of Puerto Rico. Aerostar entered into a Lease Agreement (Agreement) for 40 years with Port Authority

of Puerto Rico (Authority), owner of the LMM Airport, for the purpose and essential consideration of safely operating the airport for public; use, maintaining the safety and protection of the LMM Airport Facility at the highest possible levels, and promoting, facilitating, assisting and improving trade, tourism and economic development, for which the recognition as a joint venture was until May 26, 2017, and as of June 1, 2017, Aerostar consolidates line by line in the Company

s finances.

On October 19, 2017, the Cancún Airport acquired 92.42% of the shares of

Airplan

, a Company domiciled in the city of Medellín, Colombia, who operates and administer through a single concession (contract 8000011-OK) the Enrique Olaya Herrera in Medellín, José María Córdova in Rionegro,

El Caraño in Quibdó, Los Garzones in Montería, Antonio Roldán Betancourt in Carepa and Las Brujas in Corozal airports.

As of October 19, 2017, Airplan is part of the consolidation of the Company.

On May 25, 2018, the Company, through the Aeropuerto de Cancún, increased its shareholding in Airplan by acquiring an additional 7.58%, which gave it a 100% interest in that company.

The information by segments is shown in the next page.

Year ended on December 31, 2016

												Holding &						Consolidation
	Cancún			Aerostar (*)	Airplan (**)	Mérida			Villahermosa			services			Other			adjustment			Total

Aeronautical revenue	Ps	3,341,882				Ps	334,163		Ps	181,123		Ps			Ps	675,026		Ps			Ps	4,532,194
Non-aeronautical revenue		2,823,209					85,203			62,356						133,830			(255	)		3,104,343
Revenue for construction services		1,896,338					98,668			44,875						77,073						2,116,954
Other revenue													1,455,486						(1,455,486	)

Operating profit		3,782,382					158,770			109,398			569,516			312,533						4,932,599

Non current assets		18,586,197					1,493,544			956,551			22,257,137			4,430,600			(22,740,956	)		24,983,073
Total assets		20,972,688					1,650,201			1,308,469			23,058,995			5,109,194			(22,883,456	)		29,216,091
Total liabilities		6,179,313					8,056			101,197			190,378			132,130			(148,937	)		6,462,137

Improvements to assets
under concession and
acquisition of furniture and
equipment in the period		1,513,550					127,787			61,651			200			111,294						1,814,482

Amortization and depreciation		(328,819	)				(39,524	)		(28,349	)		(2,111	)		(130,857	)					(529,660	)

(*)

Subsidiary located in Puerto Rico

(**) Subsidiary located in Colombia

Year ended on December 31, 2017

																Holding &						Consolidation
	Cancún			Aerostar (*)			Airplan (**)			Merida			Villahermosa			Services			Other			adjustments			Total

Aeronautical revenue	Ps	3,963,324		Ps	939,042		Ps	225,693		Ps	394,531		Ps	195,554		Ps			Ps	766,075		Ps			Ps	6,484,219
Non-aeronautical revenue		3,401,235			482,590			69,071			97,656			61,909			1,492,287			149,240			(1,492,605	)		4,261,383
Revenue for construction
services		1,421,942			72,925			187,294			46,146			6,336						109,573						1,844,216
Operating profit		4,623,499			311,529			782			264,098			119,772			501,617			374,634			(4,719,098	)		1,476,833
Non-current assets		17,539,396			19,831,755			7,107,932			1,497,095			935,624			25,176,942			4,430,766			(25,693,269	)		50,826,241

Total assets		20,486,290			20,609,156			7,327,398			1,769,962			1,227,172			25,693,958			5,193,436			(25,693,269	)		56,614,103

Total liabilities		7,932,392			9,599,943			5,092,968			(180	)		82,802			131,983			85,894						22,925,802

Own assets acquired (***)					13,390,511			7,235,988																		20,626,499
Exchange rate translation
from non-current assets (***)					686,198			161,277																		847,475
Commercial right´s (***)					6,053,820																					6,053,820
Improvements to assets
under concession and
acquisition of furniture and
equipment in the period		1,009,625			139,078			189,536			50,021			8,965			813			97,174						1,495,212
Amortization and depreciation		(457,447	)		(437,852	)		(54,998	)		(46,470	)		(29,892	)		(700	)		(138,755	)					(1,166,114	)

(*)

Subsidiary located in Puerto Rico

(**)

Subsidiary located in Colombia

(***)

These items are an integral part of the "total assets" line and are presented for greater understanding derived from the acquisition.

Year ended on December 31, 2018

																Holding &						Consolidation
	Cancún			Aerostar (*)			Airplan (**)			Mérida			Villahermosa			services			Other			adjustment			Total

Revenue from contracts with clients:
Aeronautical revenue	Ps	4,428,546		Ps	1,700,859		Ps	1,276,506		Ps	469,879		Ps	201,502		Ps			Ps	865,618		Ps			Ps	8,942,910
Non-aeronautical revenue		3,831,325			964,404			396,834			117,277			59,822			1,684,204			162,345			(1,684,654	)		5,531,557
Revenue for construction services		205,834			360,004			312,375			4,831			15,604						37,126						935,774
Operating profit		5,206,971			882,381			239,893			297,468			113,038			605,860			433,358						7,778,969
Non-current assets		16,927,804			20,515,694			6,592,640			1,454,497			921,162			28,789,664			4,314,529			(29,335,081	)		50,180,909

Total assets		19,002,035			21,607,145			6,905,451			1,857,958			1,241,529			29,525,000			5,377,784			(29,335,081	)		56,181,821

Total liabilities		4,528,342			10,040,600			4,575,476			(25,257	)		79,070			205,077			97,124						19,500,432

Improvements to assets under concession and acquisition of furniture and equipment in the period		364,795			772,009			415,042			7,116			12,671						64,692						1,636,325
Amortization and depreciation		(455,003	)		(632,236	)		(452,364	)		(47,803	)		(30,147	)		(640	)		(142,548	)					(1,760,741	)

Revenue recognized
At point in time:
Aeronautical revenue		3,846,184			1,245,320			1,200,941			426,070			180,407						788,406						7,687,328
Non-aeronautical revenue		621,850																								621,850

Total		4,468,034			1,245,320			1,200,941			426,070			180,407						788,406						8,309,178

Over a period time:
Aeronautical revenue		543,282			455,539			75,565			41,179			21,027						73,069						1,209,661
Non-aeronautical revenue		2,888,043			954,626			395,410			57,554			39,395						143,101						4,478,129
Revenue for construction services		205,834			360,004			312,375			4,831			15,604						37,126						935,774

Total	Ps	3,637,160		Ps	1,770,169		Ps	783,350		Ps	103,564		Ps	76,027		Ps			Ps	253,295		Ps			Ps	6,623,564

(*)

Subsidiary located in Puerto Rico

(**)

Subsidiary located in Colombia