PAC FY 2021 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 2021 Earnings

Reported April 22, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$1.1B	—	—	—	—
Op. Income	$509M	—	—	—	—
Gross Margin	49.3%	—	—	—	—
Net Margin	31.5%	—	—	—	—
EPS (Diluted)	$6.64	—	—	—	—
Free Cash Flow	$354M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$554M
GROSS PROFIT	$539M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$29M
SG&A Expenses	$29M
Other Expenses	$907.4K
Operating Expenses	$30M
Cost & Expenses	$585M
OPERATING INCOME	$509M
Interest Income	$21M
Interest Expense	$98M
Other Income/Expenses	-$59M
INCOME BEFORE TAX	$450M
Income Tax Expense	$103M
Net Income from Continuing Ops	$348M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$345M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$345M
D&A	$118M
EBIT	$509M
EBITDA	$627M
EPS	$7
EPS Diluted	$7

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$554M
GROSS PROFIT	$539M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$29M
SG&A Expenses	$29M
Other Expenses	$907.4K
Operating Expenses	$30M
Cost & Expenses	$585M
OPERATING INCOME	$509M
Interest Income	$21M
Interest Expense	$98M
Other Income/Expenses	-$59M
INCOME BEFORE TAX	$450M
Income Tax Expense	$103M
Net Income from Continuing Ops	$348M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$345M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$345M
D&A	$118M
EBIT	$509M
EBITDA	$627M
EPS	$7
EPS Diluted	$7

Cash Flow Statement

Item	Amount
Net Income	$348M
Depreciation & Amortization	$118M
Stock-Based Compensation	$0
Deferred Income Tax	$103M
Other Non-Cash Items	$37M
Change in Working Capital	$33M
OPERATING CASH FLOW	$638M
Capital Expenditure	-$284M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$1M
NET CASH FROM INVESTING	-$286M
Net Debt Issuance	$191M
Common Stock Repurchased	-$173M
Common Dividends Paid	-$346M
Other Financing Activities	-$96M
NET CASH FROM FINANCING	-$423M
FREE CASH FLOW	$354M
Net Change in Cash	-$64M

Balance Sheet

Item	Amount
Cash & Equivalents	$767M
Short-Term Investments	$0
Net Receivables	$172M
Inventory	$0
Other Current Assets	$4M
TOTAL CURRENT ASSETS	$943M
PP&E (Net)	$178M
Goodwill	$0
Intangible Assets	$1.6B
Long-Term Investments	$53M
Tax Assets	$358M
Other Non-Current Assets	$16M
TOTAL NON-CURRENT ASSETS	$2.2B
TOTAL ASSETS	$3.2B
Account Payables	$164M
Short-Term Debt	$228M
Deferred Revenue	$6M
Other Current Liabilities	$32M
TOTAL CURRENT LIABILITIES	$538M
Long-Term Debt	$1.4B
Deferred Revenue NC	$11M
Deferred Tax Liabilities	$35M
Other Non-Current Liabilities	$45M
TOTAL NON-CURRENT LIABILITIES	$1.5B
TOTAL LIABILITIES	$2.0B
Common Stock	$10M
Additional Paid-In Capital	$0
Retained Earnings	$801M
Treasury Stock	-$173M
Accum. Other Comp. Income	$471M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$66M
TOTAL EQUITY	$1.2B
TOTAL LIABILITIES & EQUITY	$3.2B
Total Debt	$1.6B
Net Debt	$839M