PAC FY 2017 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 2017 Earnings

Reported December 30, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$711M	—	—	—	—
Op. Income	$361M	—	—	—	—
Gross Margin	53.0%	—	—	—	—
Net Margin	38.3%	—	—	—	—
EPS (Diluted)	$5.17	—	—	—	—
Free Cash Flow	$244M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$711M
Cost of Revenue	$334M
GROSS PROFIT	$377M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$16M
Operating Expenses	$16M
Cost & Expenses	$350M
OPERATING INCOME	$361M
Interest Income	$22M
Interest Expense	$37M
Other Income/Expenses	-$6M
INCOME BEFORE TAX	$355M
Income Tax Expense	$83M
Net Income from Continuing Ops	$272M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$272M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$267M
D&A	$83M
EBIT	$389M
EBITDA	$444M
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$711M
Cost of Revenue	$334M
GROSS PROFIT	$377M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$16M
Operating Expenses	$16M
Cost & Expenses	$350M
OPERATING INCOME	$361M
Interest Income	$22M
Interest Expense	$37M
Other Income/Expenses	-$6M
INCOME BEFORE TAX	$355M
Income Tax Expense	$83M
Net Income from Continuing Ops	$272M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$272M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$267M
D&A	$83M
EBIT	$389M
EBITDA	$444M
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$272M
Depreciation & Amortization	$83M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$3M
Change in Working Capital	-$3M
OPERATING CASH FLOW	$355M
Capital Expenditure	-$111M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$843.9K
NET CASH FROM INVESTING	-$111M
Net Debt Issuance	$210M
Common Stock Repurchased	$0
Common Dividends Paid	-$273M
Other Financing Activities	-$33M
NET CASH FROM FINANCING	-$97M
FREE CASH FLOW	$244M
Net Change in Cash	$146M

Balance Sheet

Item	Amount
Cash & Equivalents	$444M
Short-Term Investments	$0
Net Receivables	$69M
Inventory	$0
Other Current Assets	$18M
TOTAL CURRENT ASSETS	$516M
PP&E (Net)	$95M
Goodwill	$0
Intangible Assets	$1.3B
Long-Term Investments	$633.1K
Tax Assets	$308M
Other Non-Current Assets	$18M
TOTAL NON-CURRENT ASSETS	$1.8B
TOTAL ASSETS	$2.3B
Account Payables	$47M
Short-Term Debt	$8M
Deferred Revenue	$6M
Other Current Liabilities	$17M
TOTAL CURRENT LIABILITIES	$132M
Long-Term Debt	$754M
Deferred Revenue NC	$6M
Deferred Tax Liabilities	$48M
Other Non-Current Liabilities	$62M
TOTAL NON-CURRENT LIABILITIES	$870M
TOTAL LIABILITIES	$1.0B
Common Stock	$519M
Additional Paid-In Capital	$519M
Retained Earnings	$517M
Treasury Stock	-$100M
Accum. Other Comp. Income	$272M
Other Equity	-$519M
TOTAL STOCKHOLDERS' EQUITY	$1.2B
Minority Interest	$60M
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$2.3B
Total Debt	$762M
Net Debt	$317M