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Consolidated Statements of Cash Flows
$ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
USD ($)
Dec. 31, 2020
MXN ($)
Dec. 31, 2019
MXN ($)
Dec. 31, 2018
MXN ($)
Cash flows from operating activities:        
Income before income taxes $ 74,960 $ 1,492,380 $ 4,599,656 $ 3,985,582
Adjustments for:        
Depreciation and amortization 21,867 435,344 415,252 351,745
Major maintenance provision 19,717 392,531 292,324 248,636
Decrease in allowance for doubtful accounts 921 18,342 (241) (5,960)
Gain on sales of property and equipment (270) (5,380) (1,162) (205)
Present value of major maintenance provision 3,780 75,262 23,157 (23,392)
Interest income (5,620) (111,889) (171,236) (170,699)
Interest expense 17,341 345,237 352,851 325,557
Unrealized exchange rate fluctuation (3,629) (72,253) 44,007 53,013
Profit (loss) after adjustments 129,067 2,569,574 5,554,608 4,764,277
(Increase) decrease trade accounts receivable, net (4,733) (94,229) (60,949) (59,849)
(Increase) decrease recoverable tax (12,386) (246,597) (183,103) 19,210
(Increase) decrease of repayment for contractors, other accounts receivable and prepaid expenses (833) (16,576) (25,156) 4,740
Increase (decrease) trade accounts payable 371 7,384 (26,880) 61,653
(Decrease) increase payable taxes and other accrued expenses 2,435 48,472 41,367 (27,596)
Income taxes paid (37,565) (747,867) (1,324,834) (995,258)
Increase (decrease) related parties, net (3,644) (72,554) (42,276) 97,093
Major maintenance provision (5,209) (103,704) (305,133) (139,320)
Increase guarantee deposits and labor obligations (2,031) (40,425) 88,880 (15,604)
Net cash flows from operating activities 65,472 1,303,478 3,716,524 3,709,346
Cash flows from investment activities:        
Acquisition of property improvements (7,936) (157,992) (57,103) (211,230)
Other non-current assets (3) (65) (753) (4,230)
Proceeds from sale of property and equipment 270 5,380 1,162 205
Acquisition of improvements in concessioned assets (64,476) (1,283,642) (1,086,426) (1,071,828)
Other investments held to maturity     19,657 29,681
Interest received 5,620 111,889 171,236 169,029
Net cash flows used by investing activities (66,525) (1,324,430) (952,227) (1,088,373)
Cash flow from financing activities:        
Loans obtained from related parties 2,104 41,895 14,700 46,550
Payment of long-term debt (2,139) (42,592) (40,790) (49,563)
Interest paid (16,117) (320,866) (327,309) (323,070)
Dividends paid     (1,598,681) (1,605,736)
Financial leases payments (2,879) (57,325) (50,180) (8,644)
Repurchase of shares (7,534) (150,000) (244,201)  
Net cash used by financing activities (26,565) (528,888) (2,246,461) (1,940,463)
Net increase (decrease) in cash and cash equivalents (27,618) (549,840) 517,836 680,510
Effects of exchange rate changes on the foreign currency cash balance 3,957 78,771 (46,865) (54,615)
Cash and cash equivalents at the beginning of the year cash balance 172,280 3,429,873 2,958,902 2,333,007
Cash and cash equivalents at the end of the year 148,619 2,958,804 3,429,873 2,958,902
Non cash investing activities which are not reflected in the consolidated statements of cash flows:        
Acquisition of property, leasehold improvements and equipment, including finance leases 12 250 593 5,301
Acquisition of other assets     265 610
Acquisition of improvements in concessioned assets $ 1,474 $ 29,342 $ 29,068 $ 22,094