Central North Airport Group

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Net Income $3.9b $5.0b $4.9b $5.3b
Net Income From Continuing Operations $5.3b $7.1b $7.1b $7.6b
Depreciation and amortization $276.6m $299.2m $351.7m $415.3m $435.3m $23.8m $28.3m $37.9m $36.4m $48.8m
Depreciation Amortization Depletion $551.2m $641.3m $757.0m $877.6m
Interest expense $330.7m $352.8m $325.6m $352.9m $345.2m $19.7m $39.0m $63.1m $56.2m $68.4m
Additional Financial Items
Adjustments For Decrease Increase In Trade Account Receivable ($324.1m) $4.8m ($3.0m) ($3.2m) ($4.7m) ($12.3m) ($9.5m) ($2.2m) ($27.2m)
Adjustments For Increase Decrease In Trade Account Payable ($72.4m) ($635k) $3.1m ($1.4m) $371k ($1.6m) $6.2m ($4.3m) ($1.9m)
Adjustments For Unrealised Foreign Exchange Losses Gains $36.8m $3.1m $2.7m $2.3m ($3.6m) ($4.1m) $285k ($63k) ($2.8m)
Payments Of Lease Liabilities Classified As Financing Activities $81.7m $2.7m $2.9m $2.7m $2.7m $3.5m $3.0m
Proceeds From Borrowings Classified As Financing Activities $3.5b $4.0b $3.2b
Repayments Of Borrowings Classified As Financing Activities $58.9m $2.6m $2.5m $2.2m $2.1m $682k $138.7m $70.9m
Income before income taxes $2.6b $3.0b $4.0b $4.6b $1.5b $187.4m $271.8m $417.3m $340.1m $424.0m
Major maintenance provision ($102.9m) ($97.8m) $248.6m ($305.1m) ($103.7m) ($9.9m) ($20.4m) ($24.9m) $11.0m $19.3m
Increase in allowance for doubtful accounts $749k ($10.6m) ($6.0m) ($241k) $18.3m $32k $242k $341k $848k $254k
Present value of major maintenance provision ($94.1m) ($5.5m) ($23.4m) $23.2m $75.3m $5.6m $9.0m $11.9m $7.7m $13.6m
Interest income ($105.5m) ($121.8m) ($194.1m) ($148.1m) ($111.9m) ($6.3m) ($8.8m) ($17.6m) ($11.8m) ($11.9m)
Exchange differences $36.8m $60.5m $53.0m $44.0m ($72.3m) ($4.1m) $285k ($63k) ($2.8m) $1.6m
Profit (loss) after adjustments $3.3b $3.8b $4.8b $5.6b $2.6b $251.0m $364.1m $533.4m $437.7m $564.0m
(Increase) in trade accounts receivable, net ($324.1m) $93.9m ($59.8m) ($60.9m) ($94.2m) ($12.3m) ($9.5m) ($2.2m) ($27.2m) ($9.4m)
(Increase) decrease in recoverable taxes $13.8m ($26.1m) $19.2m ($183.1m) ($246.6m) $13.0m $846k ($7.5m) ($1.4m) $3.3m
Decrease (increase) in repayment for contractors, other accounts receivable and prepaid expenses $15.6m $2.2m $4.7m ($25.2m) ($16.6m) $693k ($11.1m) ($3.8m) $567k $311k
(Decrease) increase in trade accounts payable ($72.4m) ($12.5m) $61.7m ($26.9m) $7.4m ($1.6m) $6.2m ($4.3m) ($1.9m) ($323k)
Increase in payable taxes and other accrued expenses $24.3m ($13.6m) ($27.6m) $41.4m $48.5m ($4.8m) $1.7m $17.6m $1.0m ($1.6m)
(Decrease) increase in advances for works to related parties and accounts receivable and payable with related parties, net $72.8m ($76.0m) $97.1m ($42.3m) ($72.6m) $4.8m $10.1m $4.2m ($372k) $1.5m
Major maintenance payments ($398.0m) ($421.5m) ($10.8m) ($11.3m)
Increase in guaranteed deposits and labor obligations $49.0m $68.2m $1.6m $219k
Other non-current assets ($47.5m) ($21.5m) ($4.2m) ($753k) ($65k) ($1.1m) ($1.6m) ($1.4m) ($580k)
Acquisition of improvements in assets under concession $64.6m $103.4m $15.4m $26.0m
Interest collected $100.1m $117.3m $169.0m $171.2m $111.9m $6.3m $8.8m $17.6m $11.8m $11.9m
Borrowings from financial institutions $131.9m $61.6m $28.9m $16.7m
Payment of borrowings of financial institutions ($58.9m) ($51.2m) ($49.6m) ($40.8m) ($42.6m) ($682k) ($138.7m) ($70.9m) ($50.0m)
Loans obtained from related parties, net from payments $39.2m $98.0m $5.9m $2.9m
Capital reimbursements paid ($115k) ($137k)
Leases payments ($8.6m) ($50.2m) ($57.3m) ($2.7m) ($2.7m) ($3.5m) ($3.0m) ($3.9m)
Beginning Cash Position $6.0b $3.3b $2.6b $1.7b
Cash Flow From Continuing Financing Activities ($4.9b) ($4.3b) ($4.7b) ($3.6b)
Cash Flow From Continuing Investing Activities ($2.8b) ($2.8b) ($2.5b) ($2.4b)
Change In Account Payable $120.3m ($72.9m) ($39.2m) ($5.8m)
Change In Income Tax Payable $33.9m $297.8m $21.0m ($28.0m)
Change In Other Current Liabilities $9.2m $3.9m
Change In Other Working Capital ($200.6m) ($350.1m) ($232.0m) ($177.4m)
Change In Payable $154.2m $224.9m ($18.2m) ($33.8m)
Change In Payables And Accrued Expense $154.2m $224.9m ($18.2m) ($33.8m)
Change In Prepaid Assets $49.0m $68.2m $33.5m $3.9m
Change In Receivables ($384.4m) ($227.9m) ($583.5m) ($103.5m)
Change In Tax Payable $33.9m $297.8m $21.0m ($28.0m)
Change In Working Capital ($381.8m) ($284.9m) ($800.2m) ($310.7m)
Changes In Account Receivables ($185.2m) ($38.1m) ($565.2m) ($169.1m)
Changes In Cash ($2.6b) ($759.4m) ($977.2m) $1.5b
End Cash Position $3.3b $2.6b $1.7b $3.1b
Financing Cash Flow ($4.9b) ($4.3b) ($4.7b) ($3.6b)
Free Cash Flow $4.7b $5.9b $5.9b $7.3b
Gain Loss On Sale Of PPE ($40k) ($525k) ($273k) ($253k)
Interest Received CFI $171.3m $297.9m $245.1m $214.0m
Investing Cash Flow ($2.8b) ($2.8b) ($2.5b) ($2.4b)
Net Foreign Currency Exchange Gain Loss $5.5m ($1.1m) ($57.3m) $29.3m
Net Intangibles Purchase And Sale ($1.8b) ($2.5b)
Net PPE Purchase And Sale ($236.4m) ($403.5m) ($321.1m) ($163.1m)
Operating Gains Losses $5.5m ($1.6m) ($57.6m) $29.1m
Other Non Cash Items $587.9m $769.8m $923.4m $1.0b
Provisionand Write Offof Assets $651.7m $555.9m $406.7m $597.1m
Purchase Of Intangibles ($1.8b) ($2.5b)
Purchase Of PPE $11.2m $10.7m $3.0m $7.9m $5.0m ($236.5m) ($404.0m) ($321.3m) ($163.3m)
Repurchase Of Capital Stock ($474.9m) $0 $0
Sale Of PPE $40k $525k $273k $253k
Profit or Loss $1.9b $108.3m $145.7m $171.0m $55.1m $139.9m $201.2m $296.7m $237.5m
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities $30.9m $68k $10k $62k $270k $74k $2k $31k $13k $14k
Capital Expenditure ($236.5m) ($404.0m) ($321.3m) ($163.3m)
Net Other Investing Changes ($2.7b) ($2.7b) ($2.4b) ($2.5b)
Net cash flows used in investing activities ($471.4m) ($1.5b) ($1.1b) ($952.2m) ($1.3b) ($87.7m) ($141.5m) ($165.0m) ($120.7m) ($134.3m)
Issuance of debt securities $171.0m $205.4m $189.1m $152.8m
Debt issuance cost ($628k) ($723k) ($629k) ($547k)
Issuance Of Debt $5.2b $3.3b $722.5m $3.1b
Long Term Debt Issuance $5.2b $3.3b $722.5m $3.1b
Net Issuance Payments Of Debt $2.5b $2.0b $659.5m $2.1b
Net Long Term Debt Issuance $2.5b $2.0b $659.5m $2.1b
Net Short Term Debt Issuance $2.7b $1.2b
Short Term Debt Issuance $2.7b $1.2b
Long Term Debt Payments ($2.8b) ($1.3b) ($63.0m) ($970.5m)
Repayment Of Debt ($2.8b) ($1.3b) ($63.0m) ($970.5m)
Net Common Stock Issuance ($474.9m) $0 $0
Common Stock Payments ($474.9m) $0 $0
Dividends Paid Classified As Financing Activities $1k $80 $0 $85 $97 $340 $221 $203
Dividends paid ($1k) ($2k) ($2k) ($2k) ($97) ($340) ($221) ($203) ($248)
Cash Dividends Paid ($6.6b) ($3.7b) ($4.2b) ($4.5b)
Common Stock Dividend Paid ($6.6b) ($3.7b) ($4.2b) ($4.5b)
Net Other Financing Charges ($14.1m) ($1.5b) ($2.4m) ($12.3m)
Net cash used in financing activities ($1.5b) ($2.0b) ($1.9b) ($2.2b) ($528.9m) $14.3m ($250.4m) ($254.3m) ($224.4m) ($197.7m)
Effects of exchange rate changes on the foreign currency cash balance ($72.2m) ($54.6m) ($46.9m) $78.8m $4.1m ($285k) ($47k) $2.8m ($1.6m)
Effect Of Exchange Rate Changes ($5.5m) ($797k) $57.3m ($29.3m)
Net decrease in cash and cash equivalents $400.6m ($600.6m) $680.5m $517.8m ($549.8m) $143.9m ($135.8m) ($44.9m) ($47.0m) $81.7m
Cash and cash equivalents at the beginning of the year cash balance $3.0b $2.3b $3.0b $3.4b $3.0b $292.5m $171.3m $152.3m $79.7m $172.1m
Change In Cash Supplemental As Reported ($2.6b) ($759.4m) ($977.2m) $1.5b
Interest Paid Classified As Financing Activities $312.8m $17.8m $16.4m $17.3m $16.1m $17.8m $37.6m $64.6m $52.9m ($67.1m)
Income Taxes Paid Refund Classified As Operating Activities $583.0m $42.1m $50.6m $70.2m $37.6m $24.0m $88.4m $142.2m $101.1m ($133.1m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.