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Consolidated Statements of Cash Flows
$ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
USD ($)
Dec. 31, 2019
MXN ($)
Dec. 31, 2018
MXN ($)
Dec. 31, 2017
MXN ($)
Cash flows from operating activities:        
Income before income taxes $ 243,720 $ 4,599,656 $ 3,985,582 $ 2,950,515
Adjustments for:        
Depreciation and amortization 22,003 415,252 351,745 299,192
Major maintenance provision 15,489 292,324 248,636 291,038
(Decrease) in allowance for doubtful accounts (13) (241) (5,960) (10,561)
Gain on sales of property and equipment (62) (1,162) (205) (1,340)
Interest income (9,073) (148,079) (194,091) (127,290)
Interest expense 19,923 352,851 325,557 352,822
Unrealized exchange rate fluctuation 2,332 44,007 53,013 60,458
Profit (loss) after adjustments 294,319 5,554,608 4,764,277 3,814,834
(Increase) decrease trade accounts receivable, net (3,229) (60,949) (59,849) 93,934
(Increase) decrease recoverable tax (9,702) (183,103) 19,210 (26,091)
Increase) decrease of repayment for contractors, other accounts receivable and prepaid expenses (1,333) (25,156) 4,740 2,195
Increase (decrease) trade accounts payable (1,424) (26,880) 61,653 (12,536)
(Decrease) increase payable taxes and other accrued expenses 2,192 41,367 (27,596) (13,628)
Income taxes paid (70,198) (1,324,834) (995,258) (829,973)
Increase (decrease) related parties, net (2,240) (42,276) 97,093 (75,966)
Major maintenance provision (16,168) (305,133) (139,320) (97,784)
Increase guarantee deposits and labor obligations 4,708 88,880 (15,604) 66,348
Net cash flows from operating activities 196,926 3,716,524 3,709,346 2,921,333
Cash flows by investment activities:        
Acquisition of property improvements (3,026) (57,103) (211,230) (221,773)
Other non-current assets (40) (753) (4,230) (21,519)
Proceeds from sale of property and equipment 62 1,162 205 1,340
Acquisition of improvements in concessioned assets (57,566) (1,086,426) (1,071,828) (1,368,770)
Other investments held to maturity 1,042 19,657 29,681 (49,338)
Interest received 9,073 171,236 169,029 117,284
Net cash flows used by investing activities (50,455) (952,227) (1,088,373) (1,542,776)
Cash flow from financing activities:        
Loans obtained from related parties 779 14,700 46,550 14,700
Payment of long-term debt (2,161) (40,790) (49,563) (51,168)
Interest paid (17,343) (327,309) (323,070) (350,499)
Dividends paid (84,709) (1,598,681) (1,605,736) (1,575,083)
Financial lease payments (2,659) (50,180) (8,644)  
Repurchase of shares (12,939) (244,201)   (34,234)
Increase in non-controlling interest       17,149
Net cash used by financing activities (119,032) (2,246,461) (1,940,463) (1,979,135)
Net increase (decrease) in cash and cash equivalents 27,439 517,836 680,510 (600,578)
Effects of exchange rate changes on the foreign currency cash balance (2,484) (46,865) (54,615) (72,207)
Cash and cash equivalents at the beginning of the year cash balance 156,782 2,958,902 2,333,007 3,005,792
Cash and cash equivalents at the end of the year 181,737 3,429,873 2,958,902 2,333,007
Non cash investing activities which are not reflected in the consolidated statements of cash flows:        
Acquisition of property, leasehold improvements and equipment, including finance lease 31 593 5,301 51,099
Acquisition of other assets 14 265 610 4,484
Acquisition of improvements in concessioned assets $ 1,540 $ 29,068 $ 22,094 $ 74,586