Pacific 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 $9.0b $9.5b $8.6b $9.6b
Net Income From Continuing Operations $9.2b $9.7b $8.9b $10.0b
Depreciation and amortization $1.3b $1.4b $1.6b $1.8b $2.0b $2.1b $2.3b $2.5b $3.1b $3.8b
Amortization Cash Flow $1.6b $1.7b $1.8b $2.5b
Amortization Of Intangibles $1.6b $1.7b $1.8b $2.5b
Depreciation Amortization Depletion $2.3b $2.5b $3.1b $3.8b
Adjustments For Deferred Tax Of Prior Periods $250.6m $170.8m $250.6m
Deferred Income Tax $3.1b $3.1b $3.2b $4.1b
Deferred Tax $3.1b $3.1b $3.2b $4.1b
Adjustments For Income Tax Expense $1.3b $1.4b $1.9b $1.9b $467.1m $1.8b $3.1b $3.1b $3.2b
Loss (gain) on sale of machinery, equipment and improvements to leased assets $5.6m $586k ($14.4m) ($3.5m) $14.2m ($668k) $21.0m $1.6m
Interest expense for financing activity $357.1m $600.8m $896.2m $1.1b $1.4b $1.7b $2.4b $3.4b $4.2b $4.5b
Income tax expense $1.3b $1.4b $1.9b $1.9b $467.1m $1.8b $3.1b $3.1b $3.2b $4.1b
Earnings (Loss)es From Equity Investments ($1k) ($1k)
Additional Financial Items
Adjustments For Decrease Increase In Trade Account Receivable ($434.5m) ($394.7m) ($383.4m) ($101.5m) $164.3m ($464.4m) ($705.6m) $50.8m ($433.0m)
Adjustments For Increase Decrease In Trade Account Payable $205.8m $24.6m $114.4m $11.6m ($85.7m) $959.2m ($139.8m) ($213.3m) $739.0m
Adjustments For Unrealised Foreign Exchange Losses Gains $549.8m ($172.8m) $10.8m ($111.5m) $57.8m ($5.4m) ($261.3m) ($312.0m) $519.7m
Payments Of Lease Liabilities Classified As Financing Activities $11.5m $16.3m $13.0m $12.5m $16.1m $17.5m $33.3m
Repayments Of Borrowings Classified As Financing Activities $151.7m $252.1m $2.2b $7.4b $7.8b $2.2b $7.9b
Profit for the year $3.4b $4.7b $5.1b $5.5b $1.9b $6.0b $9.2b $9.7b $8.9b $10.0b
Employee benefits $14.7m $16.7m $7.5m $22.7m $31.4m $3.3m $35.5m $45.5m $35.1m $66.0m
Allowance expected credit loss $1.1m $866k ($15.1m) $5.3m $86.6m $15.5m $41.4m $29.4m $24.7m $12.2m
Unrealized exchange loss (gain) $549.8m ($172.8m) $10.8m ($111.5m) $57.8m ($5.4m) ($261.3m) ($312.0m) $519.7m ($94.6m)
Labor provisions $6.5m $6.5m ($2.6m) $6.9m $428k $11.8m $3.3m $23.0m $77.9m $177.7m
Adjustment from operating activities $6.8b $8.0b $9.5b $10.3b $6.0b $11.5b $16.8b $18.5b $20.1b $22.5b
Trade accounts receivable ($434.5m) ($394.7m) ($383.4m) ($101.5m) $164.3m ($464.4m) ($705.6m) $50.8m ($433.0m) ($841.9m)
Recoverable income tax and other current assets $116.2m $9.3m $93.8m ($28.6m) ($814.3m) ($299.8m) $601.4m ($469.8m) $173.5m $32.3m
Concession taxes payable $107.5m $55.4m $43.7m $57.4m ($253.6m) $94.9m ($10.7m) $374.9m ($540.6m) ($42.9m)
Aeropuertos Mexicanos del Pacifico, S.A.P.I. de C.V. - related party $48.9m $54.1m $45.8m $57.0m ($198.4m) $237.2m $227.5m $101.2m ($18.3m) $124.4m
Accounts payable $205.8m $24.6m $114.4m $11.6m ($85.7m) $959.2m ($139.8m) ($213.3m) $739.0m $1.0b
Taxes payable ($1.8m) $49.2m $90.8m ($33.5m) $43.3m ($42.0m) $23.2m ($47.2m) $84.6m $127.8m
Deposits received in guarantee $204.0m $147.7m $43.1m $26.7m ($456.8m) $89.9m $109.1m $108.2m $87.7m $100.9m
Purchases of machinery, equipment, improvements on leased assets, improvements to concession assets and advance payments to suppliers $441.5m $409.3m $318.5m $286.4m $540.9m $1.4b $853.5m $901.5m $1.2b $1.6b
Proceeds from sales of machinery and equipment $329k $6.6m $4.2m $6.2m $3.2m $5.2m $3.5m $6.6m $7.2m
Acquisition of subsidiary, net of cash acquired ($614.8m) ($875.5m) ($19.3m)
Other investment activities ($18.8m) ($14.7m) ($15.0m) ($13.7m) ($63.8m) ($25.7m) ($56.5m) ($36.6m) ($71.1m) $137.9m
Capital distribution ($1.8b) ($1.8b) ($1.3b) ($1.6b) ($6.0b) ($7.0b)
Proceeds from bank loans $3.5b $534.8m $96.3m $2.7b $3.8b $6.9b $3.7b $5.7b $4.1b
Repayments on bank loans ($3.7b) ($151.7m) ($252.1m) ($5.9b) ($4.0b) ($1.6b) ($4.9b) ($7.0b)
Payment of liabilities for lease ($11.5m) ($16.3m) ($13.0m) ($12.5m) ($16.1m) ($17.5m) ($33.3m) ($42.2m)
Interest capitalized on financial loans ($342.6m) ($39.4m) ($62.0m)
Beginning Cash Position $13.3b $12.4b $10.1b $13.5b
Cash Flow From Continuing Financing Activities ($4.9b) ($4.8b) ($5.0b) ($9.5b)
Cash Flow From Continuing Investing Activities ($8.5b) ($11.1b) ($8.8b) ($12.3b)
Change In Account Payable ($139.8m) ($213.3m) $739.0m $1.0b
Change In Income Tax Payable $12.5m $327.7m ($456.0m) $84.9m
Change In Other Working Capital $227.5m $101.2m ($18.3m) $124.4m
Change In Payable ($127.3m) $114.4m $283.0m $1.1b
Change In Payables And Accrued Expense ($127.3m) $114.4m $283.0m $1.1b
Change In Prepaid Assets $109.1m $108.2m $87.7m $100.9m
Change In Receivables ($104.1m) ($419.0m) ($259.5m) ($809.6m)
Change In Tax Payable $12.5m $327.7m ($456.0m) $84.9m
Change In Working Capital $105.1m ($95.1m) $92.9m $507.6m
Changes In Account Receivables ($705.6m) $50.8m ($433.0m) ($841.9m)
Changes In Cash ($888.4m) ($1.9b) $2.9b ($3.5b)
End Cash Position $12.4b $10.1b $13.5b $10.5b
Financing Cash Flow ($4.9b) ($4.8b) ($5.0b) ($9.5b)
Free Cash Flow $4.1b $3.5b $8.8b $5.9b
Gain Loss On Investment Securities ($51.7m) ($7.0m)
Gain Loss On Sale Of PPE $14.2m ($668k) $21.0m $1.6m
Investing Cash Flow ($8.5b) ($11.1b) ($8.8b) ($12.3b)
Net Business Purchase And Sale $0 ($614.8m) ($875.5m) ($19.3m)
Net Foreign Currency Exchange Gain Loss ($261.3m) ($312.0m) $519.7m ($94.6m)
Net PPE Purchase And Sale ($8.4b) ($10.4b) ($7.8b) ($12.4b)
Operating Gains Losses ($215.2m) ($244.2m) $653.6m $150.6m
Other Non Cash Items $2.4b $3.4b $4.2b $4.5b
Pension And Employee Benefit Expense $38.8m $68.5m $112.9m $243.7m
Provisionand Write Offof Assets $41.4m $29.4m $24.7m $12.2m
Purchase Of Business $0 ($614.8m) ($875.5m) ($19.3m)
Purchase Of PPE $68.0m $240.8m ($8.4b) ($10.4b) ($7.8b) ($12.4b)
Repurchase Of Capital Stock ($3.0b) ($2.0b) $0 $0
Sale Of PPE $5.2m $3.5m $6.6m $7.2m
Profit or Loss $3.4b $4.7b $5.1b $5.5b $1.9b $6.0b $9.2b $9.7b $8.9b
Cash flows from investing activities:
Net Investment Purchase And Sale ($56.5m) ($36.6m) ($71.1m) $137.9m
Net Other Investing Changes ($56.5m) ($36.6m) ($71.1m)
Cash flows from financing activities:
Proceeds from issuance of debt securities $2.6b $3.8b $3.0b $7.2b $7.0b $7.8b $5.4b $8.6b $14.5b
Issuance Of Debt $14.6b $9.1b $14.3b $18.6b
Long Term Debt Issuance $14.6b $9.1b $14.3b $18.6b
Net Issuance Payments Of Debt $6.8b $6.9b $6.3b $4.6b
Net Long Term Debt Issuance $6.8b $6.9b $6.3b $4.6b
Payment of debt securities ($2.2b) ($1.5b) ($3.8b) ($602.0m) ($3.0b) ($7.0b)
Long Term Debt Payments ($7.9b) ($2.3b) ($8.0b) ($14.0b)
Repayment Of Debt ($7.9b) ($2.3b) ($8.0b) ($14.0b)
Net Common Stock Issuance ($3.0b) ($2.0b) $0 $0
Common Stock Payments ($3.0b) ($2.0b) $0 $0
Dividends paid $4k $4k $7k $7k
Dividends Paid Classified As Financing Activities $2k $3k $4k $4k $7k $7k
Dividends declared and paid ($2k) ($3k) ($4k) ($4k) ($7k) ($7k) ($9k)
Cash Dividends Paid ($7.3b) ($7.5b) ($7.0b) ($8.5b)
Common Stock Dividend Paid ($7.3b) ($7.5b) ($7.0b) ($8.5b)
Net Other Financing Charges ($154.0m) ($135.9m) ($140.0m) ($559.6m)
Net cash used for by financing activities ($1.8b) ($1.7b) ($6.2b) ($4.2b) $6.3b ($7.4b) ($4.9b) ($4.8b) ($5.0b) ($9.5b)
Effects of exchange rate changes on cash held: $138.2m ($806k) ($97.2m) $2.3m $307.1m $113.7m ($73.0m) ($369.2m) $541.5m $485.5m
Effect Of Exchange Rate Changes ($73.0m) ($369.2m) $541.5m $485.5m
Decrease in cash and cash equivalents $2.2b $2.5b ($1.6b) $1.3b $6.9b ($1.1b) ($961.4m) ($2.3b) $3.4b ($3.0b)
Cash and cash equivalents at beginning of year $5.2b $7.7b $6.2b $7.5b $14.4b $13.3b $12.4b $10.1b $13.5b $10.5b
Change In Cash Supplemental As Reported ($961.4m) ($2.3b) $3.4b ($3.0b)
Interest Paid Classified As Financing Activities $345.5m $579.1m $903.7m $1.1b $1.4b $1.7b $2.2b $3.7b $4.2b ($4.9b)
Income taxes paid ($1.4b) ($1.8b) ($2.3b) ($2.2b) ($812.0m) ($1.0b) ($4.4b) ($4.5b) ($3.5b) ($4.7b)

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