PAC FY 2012 Earnings Report — Grupo Aeroportuario del Pacífico, S.A.B. de C.V. Revenue & Financial Results | Market Cap Arena

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.PAC

FY 2012 Earnings

Reported December 30, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$284M	—	—	—	—
Op. Income	$121M	—	—	—	—
Gross Margin	50.3%	—	—	—	—
Net Margin	35.8%	—	—	—	—
EPS (Diluted)	$1.92	—	—	—	—
Free Cash Flow	$97M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$284M
Cost of Revenue	$141M
GROSS PROFIT	$143M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$21M
Operating Expenses	$21M
Cost & Expenses	$163M
OPERATING INCOME	$121M
Interest Income	$6M
Interest Expense	$6M
Other Income/Expenses	-$805.9K
INCOME BEFORE TAX	$121M
Income Tax Expense	$19M
Net Income from Continuing Ops	$102M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$102M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$102M
D&A	$55M
EBIT	$127M
EBITDA	$174M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$284M
Cost of Revenue	$141M
GROSS PROFIT	$143M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$21M
Operating Expenses	$21M
Cost & Expenses	$163M
OPERATING INCOME	$121M
Interest Income	$6M
Interest Expense	$6M
Other Income/Expenses	-$805.9K
INCOME BEFORE TAX	$121M
Income Tax Expense	$19M
Net Income from Continuing Ops	$102M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$102M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$102M
D&A	$55M
EBIT	$127M
EBITDA	$174M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$102M
Depreciation & Amortization	$48M
Stock-Based Compensation	$0
Deferred Income Tax	$19M
Other Non-Cash Items	-$23M
Change in Working Capital	$8M
OPERATING CASH FLOW	$153M
Capital Expenditure	-$56M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$274.2K
NET CASH FROM INVESTING	-$57M
Net Debt Issuance	-$626.2K
Common Stock Repurchased	-$50M
Common Dividends Paid	-$115M
Other Financing Activities	-$8M
NET CASH FROM FINANCING	-$123M
FREE CASH FLOW	$97M
Net Change in Cash	-$27M

Balance Sheet

Item	Amount
Cash & Equivalents	$96M
Short-Term Investments	$25M
Net Receivables	$21M
Inventory	$0
Other Current Assets	$157.9K
TOTAL CURRENT ASSETS	$141M
PP&E (Net)	$55M
Goodwill	$0
Intangible Assets	$969M
Long-Term Investments	$4M
Tax Assets	$239M
Other Non-Current Assets	$2M
TOTAL NON-CURRENT ASSETS	$1.3B
TOTAL ASSETS	$1.4B
Account Payables	$18M
Short-Term Debt	$32M
Deferred Revenue	$2M
Other Current Liabilities	$7M
TOTAL CURRENT LIABILITIES	$65M
Long-Term Debt	$84M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$28M
TOTAL NON-CURRENT LIABILITIES	$112M
TOTAL LIABILITIES	$177M
Common Stock	$888M
Additional Paid-In Capital	$888M
Retained Earnings	$297M
Treasury Stock	-$80M
Accum. Other Comp. Income	$32M
Other Equity	-$888M
TOTAL STOCKHOLDERS' EQUITY	$1.2B
Minority Interest	$0
TOTAL EQUITY	$1.2B
TOTAL LIABILITIES & EQUITY	$1.4B
Total Debt	$116M
Net Debt	$20M