Grupo Aeroportuario del Centro Norte, S.A.B. de C.V(NASDAQ:OMAB) 
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., through its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatln, Zihuatanejo, Chihuahua, Culiacn, Durango, San Luis Potos, Tampico, T...
Website: http://www.oma.aero
Founded: 1998
Full Time Employees: 872
Sector: Industrials
Industry: Airports & Air Services
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At a glance:
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Income Statements:
Quarterly
Annual
| Unit: USD | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2021-02-15 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2013-06-07 | 2012-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
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Balance Sheets:
Quarterly
Annual
| Unit: USD | 2021-12-31 | 2020-12-31 | 2018-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2013-06-07 | 2013-03-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets: | ||||||||||||||
cash and cash equivalents | 190,579,000 | 117,412,000,000 | 234,221,000 | 234,221,000 | 25,270,000 | 20,500,000 | 18,613,000 | 160,870,000 | 149,303,000 | |||||
accounts receivable | 53,044,000 | 41,873,000 | 35,437,000 | 34,559,000 | 22,537,000 | 21,710,000 | ||||||||
recoverable taxes | 13,465,000 | 27,243,000 | 5,731,000 | 5,038,000 | 5,336,000 | 10,372,000 | 23,834,000,000 | 11,024,000 | 11,024,000 | 15,189,000 | 7,212,000 | 18,388,000 | 3,202,000 | 11,721,000 |
advance payment for constructions to related parties | 10,920,000 | 10,760,000 | ||||||||||||
advance payments to contractors | 7,923,000 | 5,788,000 | ||||||||||||
other accounts receivable and prepaid expenses | 2,068,000 | 3,344,000 | 2,048,000 | 1,399,000 | 3,847,000 | 6,678,000 | ||||||||
total current assets | 379,946,000 | 237,626,000 | 201,437,000 | 198,338,000 | 185,514,000 | 231,041,000 | 275,606,000 | 275,606,000 | 67,976,000 | 67,720,000 | 67,223,000 | 190,848,000 | 191,270,000 | |
non-current assets: | ||||||||||||||
property, leasehold improvements and equipment | 133,105,000 | 135,643,000 | 135,845,000 | 118,283,000 | 136,736,000 | 155,028,000 | ||||||||
investment in airport concessions | 570,703,000 | 513,828,000 | 435,816,000 | 315,211,000 | 366,129,000 | 419,434,000 | ||||||||
rights of use of leased assets | 9,632,000 | 8,953,000 | ||||||||||||
other assets | 2,257,000 | 1,739,000 | 3,920,000 | 5,277,000 | 6,385,000 | 3,025,000 | 1,939,000,000 | |||||||
deferred income taxes | 22,690,000 | 15,961,000 | 16,124,000 | 18,394,000 | 26,717,000 | 34,230,000 | 34,548,000,000 | 69,434,000 | 84,847,000 | 82,460,000 | 99,578,000 | |||
total non-current assets | 738,387,000 | 676,124,000 | 591,705,000 | 457,165,000 | 535,967,000 | 611,717,000 | ||||||||
total assets | 842,758,000 | 842,808,000,000 | ||||||||||||
liabilities and shareholders’ equity: | ||||||||||||||
current liabilities: | ||||||||||||||
short-term debt | 48,962,000 | 48,962,000 | 633,000 | |||||||||||
current portion of long-term debt | 2,572,000 | 2,572,000 | 10,944,000 | 4,504,000 | ||||||||||
current portion of major maintenance provision | 33,849,000 | 22,280,000 | 10,614,000 | 10,614,000 | ||||||||||
current portion of financial leases | 1,433,000 | 1,334,000 | ||||||||||||
trade accounts payable | 10,417,000 | 10,249,000 | 11,037,000 | 12,683,000 | 17,876,000 | 17,876,000 | 16,668,000 | 23,233,000 | 28,540,000 | 5,131,000 | 6,197,000 | |||
payable taxes and other accrued expenses | 48,754,000 | 18,594,000 | 26,208,000 | 23,674,000 | ||||||||||
accounts payable to related parties | 13,155,000 | 8,424,000 | 11,508,000 | 6,791,000 | 11,616,000 | 11,616,000 | 14,475,000 | 21,349,000 | 23,389,000 | 3,232,000 | 3,115,000 | |||
total current liabilities | 239,526,000 | 212,247,000 | 62,306,000 | 53,636,000 | 103,840,000 | 103,840,000 | 59,837,000 | 79,449,000 | 83,097,000 | 37,280,000 | 16,442,000 | |||
non-current liabilities: | ||||||||||||||
long-term debt | 244,128,000 | 75,188,000 | 231,127,000 | 224,436,000 | 241,529,000 | 241,529,000 | ||||||||
major maintenance provision | 51,250,000 | 43,921,000 | 36,556,000 | 24,634,000 | 32,956,000 | 32,956,000 | ||||||||
guarantee deposits | 16,716,000 | 17,617,000 | 15,882,000 | 13,188,000 | 1,523,000 | 1,475,000 | 1,479,000 | 1,784,000 | 1,727,000 | |||||
labor obligations | 6,312,000 | 5,811,000 | 4,065,000 | 5,416,000 | ||||||||||
financial leases | 9,547,000 | 8,449,000 | ||||||||||||
total non-current liabilities | 329,721,000 | 157,708,000 | 297,805,000 | 278,262,000 | ||||||||||
total liabilities | 569,247,000 | 369,955,000 | 360,111,000 | 331,898,000 | 415,255,000 | 415,255,000 | 210,683,000 | 199,214,000 | 168,728,000 | 152,019,000 | 79,604,000 | |||
commitment and contingencies | ||||||||||||||
shareholders’ equity | ||||||||||||||
contributed capital: | ||||||||||||||
common stock | 14,549,000 | 15,110,000 | 15,435,000 | 14,694,000 | ||||||||||
additional paid-in capital | 1,455,000 | 1,496,000 | 1,515,000 | 1,441,000 | ||||||||||
contributed capital: - sum | 16,004,000 | 16,606,000 | 16,135,000 | |||||||||||
earned capital: | ||||||||||||||
reserve for repurchase of shares | 50,236,000 | 75,344,000 | 74,581,000 | 66,934,000 | 32,768,000 | 26,940,000 | 24,091,000 | 32,369,000 | ||||||
retained earnings | 474,034,000 | 443,257,000 | 332,448,000 | 234,516,000 | 186,985,000 | 186,985,000 | 99,104,000 | 85,890,000 | 75,976,000 | 60,834,000 | 134,019,000 | |||
accumulated other comprehensive loss | -95,000 | -248,000 | 671,000 | |||||||||||
earned capital: - sum | 524,175,000 | 518,353,000 | ||||||||||||
controlling interest | 540,179,000 | 534,959,000 | 424,650,000 | 317,196,000 | ||||||||||
non-controlling interest | 8,906,000 | 8,836,000 | 8,381,000 | 6,409,000 | 721,000 | 721,000 | ||||||||
total shareholders’ equity | 549,084,000 | 543,795,000 | 433,031,000 | 323,605,000 | 537,777,000 | 537,777,000 | ||||||||
total liabilities and shareholders’ equity | ||||||||||||||
other investments held to maturity | 1,000,000 | 3,486,000 | ||||||||||||
repayments for constructions to related parties | 1,951,000 | 2,228,000 | ||||||||||||
repayments for contractors | 4,740,000 | 9,654,000 | ||||||||||||
current major maintenance provision | 11,446,000 | 7,772,000 | ||||||||||||
other long-term liabilities | 807,000 | |||||||||||||
accumulated other comprehensive income | ||||||||||||||
repayments for constructions to ingenieros civiles asociados, s. a. de c. v | 64,000 | |||||||||||||
current assets: | ||||||||||||||
prepayments for construction to ingenieros civiles asociados, s. a. de c.v. | 1,702,000 | |||||||||||||
customers | 23,327,000,000 | |||||||||||||
other current assets and prepaid expenses | 9,702,000,000 | |||||||||||||
current assets | 174,275,000,000 | |||||||||||||
property and equipment | 165,766,000,000 | |||||||||||||
investment in airport concessions – net | 466,280,000,000 | 484,889,000 | 484,889,000 | 586,960,000 | 548,612,000 | 502,893,000 | ||||||||
non-current assets | 668,533,000,000 | |||||||||||||
assets | ||||||||||||||
trade accounts receivable – net | 24,299,000 | 24,299,000 | 18,937,000 | 32,407,000 | 28,096,000 | 23,864,000 | 22,429,000 | |||||||
other accounts receivable | 6,062,000 | 6,062,000 | ||||||||||||
land, buildings, machinery and equipment – net | 174,554,000 | 174,554,000 | 186,660,000 | |||||||||||
other assets – net | 2,075,000 | 2,075,000 | 2,803,000 | 3,353,000 | 3,104,000 | 962,000 | 1,437,000 | |||||||
deferred taxes | 15,908,000 | 15,908,000 | ||||||||||||
total | 953,032,000 | 953,032,000 | 844,399,000 | 786,884,000 | 713,180,000 | 836,482,000 | 791,931,000 | |||||||
liabilities and shareholders’ equity | ||||||||||||||
taxes and accrued expenses | 12,200,000 | 12,200,000 | ||||||||||||
security deposits | 2,786,000 | 2,786,000 | ||||||||||||
retirement labor obligations | 5,910,000 | 5,910,000 | ||||||||||||
contingencies | ||||||||||||||
shareholders’ equity: | ||||||||||||||
capital stock | 315,560,000 | 315,560,000 | ||||||||||||
premium on share issuance | 2,412,000 | 2,412,000 | ||||||||||||
share repurchase reserve | 32,775,000 | 32,775,000 | ||||||||||||
other comprehensive income | -676,000 | -676,000 | ||||||||||||
total controlling interest | 537,056,000 | 537,056,000 | ||||||||||||
accounts receivable from related parties | 7,193,000 | 6,180,000 | ||||||||||||
other current assets | 1,387,000 | 1,421,000 | 2,126,000 | 2,912,000 | 7,817,000 | |||||||||
liabilities and stockholders’ equity | ||||||||||||||
accrued expenses and taxes payable | 9,285,000 | 7,497,000 | 14,646,000 | |||||||||||
advances from customers | 18,000 | 84,000 | 287,000 | 211,000 | 1,013,000 | |||||||||
dividends payable | 7,529,000 | 7,051,000 | 6,568,000 | 19,680,000 | ||||||||||
statutory employee profit sharing | 285,000 | 183,000 | 205,000 | 855,000 | 797,000 | |||||||||
long–term debt | 77,504,000 | |||||||||||||
employee benefits | 2,385,000 | 1,914,000 | 1,692,000 | |||||||||||
commitments and contingencies | ||||||||||||||
stockholders’ equity | ||||||||||||||
capital stock – nominal value | 355,379,000 | 336,177,000 | 314,994,000 | 403,685,000 | 410,864,000 | |||||||||
restatement for inflation of capital stock | 143,456,000 | 135,705,000 | 127,153,000 | 161,941,000 | 143,965,000 | |||||||||
additional paid in capital | 2,406,000 | 2,281,000 | 2,154,000 | 101,000 | 98,000 | |||||||||
noncontrolling interest | 603,000 | 677,000 | ||||||||||||
total stockholders’ equity | 633,716,000 | 587,670,000 | 544,452,000 | 684,463,000 | 712,327,000 | |||||||||
property, machinery and equipment – net | 167,199,000 | 139,960,000 | ||||||||||||
short term debt | 15,548,000 | 9,462,000 | ||||||||||||
long –term debt | 31,529,000 | |||||||||||||
deferred statutory employee profit sharing | 9,545,000 | |||||||||||||
additional liability for employee benefits | ||||||||||||||
cumulative initial effect of deferred income taxes | 25,078,000 | 24,440,000 | ||||||||||||
minority interest | 84,000 | |||||||||||||
property, real estate, machinery, equipment and improvements to concessioned properties – net | 209,982,000 | |||||||||||||
rights to use airport facilities – net | 366,336,000 | 368,234,000 | ||||||||||||
airport concessions – net | 68,354,000 | 68,199,000 | ||||||||||||
accrued expenses and taxes other than income taxes | 8,171,000 | 5,320,000 | ||||||||||||
employee retirement obligations | 3,832,000 | 3,896,000 | ||||||||||||
additional liability for labor obligations | 455,000 | -1,059,000 | ||||||||||||
accounts receivable from consorcio aeroméxico, s.a. de c.v., a related party | ||||||||||||||
property, machinery, equipment and improvements to concessioned properties – net | 162,791,000 | |||||||||||||
value-added tax payable | ||||||||||||||
deferred income taxes and statutory employee profit sharing | 57,539,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2013-06-07 |
|---|---|
cash flows from operating activities: | |
income before income taxes | |
adjustments for: | |
depreciation and amortization | 3,997,000 |
major maintenance provision | -5,367,000 |
increase in allowance for doubtful accounts | |
gain on sale of property and equipment | |
present value of major maintenance provision | |
interest income | -1,185,000 |
interest expense | 2,850,000 |
exchange differences | |
| |
(increase) in trade accounts receivable | |
increase in recoverable taxes | |
decrease (increase) in repayment for contractors, other accounts receivable and prepaid expenses | |
increase in trade accounts payable | |
increase in payable taxes and other accrued expenses | |
income taxes paid | -2,831,000 |
increase in advances for works to related parties and accounts receivable and payable with related parties | |
major maintenance payments | |
increase in guaranteed deposits and labor obligations | |
net cash flows from operating activities | |
cash flows from investment activities: | |
acquisition of property and equipment | |
other non-current assets | |
proceeds from sale of property and equipment | |
acquisition of improvements in assets under concession | |
interest collected | |
net cash flows used in investing activities | |
cash flow from financing activities: | |
borrowings from financial institutions | |
payment of borrowings of financial institutions | |
issuance of debt securities | |
payment of debt securities | |
debt issuance cost | |
loans obtained from related parties, net from payments | |
interest paid | -2,404,000 |
dividends paid | |
capital repayments paid | |
leases payments | |
net cash from financing activities | |
net decrease in cash and cash equivalents | |
effects of exchange rate changes on the foreign currency cash balance | |
cash and cash equivalents at the beginning of the year cash balance | |
cash and cash equivalents at the end of the year | |
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 | |
gain on sales of property and equipment | |
(increase) trade accounts receivable | |
decrease (increase) recoverable tax | |
increase of repayment for contractors, other accounts receivable and prepaid expenses | |
increase trade accounts payable | |
increase payable taxes and other accrued expenses | |
increase related parties | |
increase guarantee deposits and labor obligations | |
acquisition of improvements in concessioned assets | |
interest received | 1,185,000 |
net cash flows used by investing activities | |
borrowings of long-term debt | |
payment of long-term debt | |
amortization of debt securities | |
repurchase of shares | |
loans obtained from related parties | |
loan payments to related parties | |
financial leases payments | |
net cash used by financing activities | |
net increase in cash and cash equivalents | 140,907,000 |
noncash investing activities which are not reflected in the consolidated statements of cash flows: | |
decrease trade accounts receivable | |
decrease recoverable tax | |
decrease of repayment for contractors, other accounts receivable and prepaid expenses | |
acquisition of property improvements | |
other investments held to maturity | |
borrowing of short term debt | |
debt issuance costs | |
loans repaid to related parties | |
non cash investing activities which are not reflected in the consolidated statements of cash flows: | |
acquisition of other assets | |
decrease in allowance for doubtful accounts | |
unrealized exchange rate fluctuation | |
increase in non-controlling interest | |
increase trade accounts receivable | |
increase recoverable tax | |
major maintenance provision payment | |
cash flows by investment activities: | |
(repurchase) issuance of shares | |
acquisition of property, leasehold improvements and equipment, including finance lease | |
statement of cash flows data: | |
net cash flows (used in) from financing activities | |
increase in cash and cash equivalents | |
loss on sales of property and equipment | |
items related with financing activities: | |
trade accounts receivable | -755,000 |
recoverable tax | |
other accounts receivable and prepaid expenses | |
trade accounts payable | 1,749,000 |
payable taxes and other accrued expenses | |
related parties | |
guarantee deposits and labor obligations | |
loans granted to related parties | |
proceeds from related parties | |
insurance recovery on damaged equipment | |
cash received from debt financing and debt securities | |
capital reduction | |
issuance (repurchase) of shares | |
net cash (used by) from financing activities | |
cash and cash equivalents at the beginning of the year | |
acquisition of property, leasehold improvements and equipment | |
proceeds from related party | |
insurance recovery on damaged equipment income | |
net cash (used by) generated by financing activities | |
increase (decrease) in allowance for doubtful accounts | |
loss on sale of property and equipment | |
major maintenance provision payments | |
guarantee deposits and retirement benefit plan | |
cash flows from investing activities: | |
loans to related parties | |
proceeds from related party loans | |
investment in airport concessions | -3,763,000 |
net cash used in investing activities | |
cash flows from financing activities: | |
proceeds from long-term debt | |
payments of long-term debt | |
decrease of common stock | |
(repurchase) sale of shares | |
net cash used in financing activities | |
cash and cash equivalents at the beginning of year | |
cash and cash equivalents at the end of year | |
non cash financing and investing activities which are not reflected in the consolidated statements of cash flow: | |
capital reimbursement | |
allowance for doubtful accounts | -239,000 |
customers | |
recoverable taxes | 5,409,000 |
other receivables | |
other long-term liabilities | 274,000 |
net cash from operating activities | 22,608,000 |
capital expenditures | 0 |
free cash flows | 22,608,000 |
investment in property and equipment | |
other long term assets | |
net cash from investing activities | -4,026,000 |
decrease of capital stock | |
cash and cash equivalents at the beginning of period | |
cash and cash equivalents at the end of period | |
property and equipment | |
dividends | |
cancellation of dividends over treasury shares | |
operating activities: | |
consolidated net income | 18,302,000 |
adjustment for: | |
income tax | 5,271,000 |
provision for major maintenance | 3,324,000 |
unrealized exchange rate fluctuations | -752,000 |
changes in working capital: | |
other accounts receivable | -1,754,000 |
accrued expenses and taxes | -6,048,000 |
accounts from related parties | 363,000 |
investing activities: | |
land, buildings, machinery and equipment | -1,433,000 |
other investing activities | -15,000 |
financing activities: | |
proceeds of short and long term-debt | 153,820,000 |
payments of short and long term-debt | -29,091,000 |
sale of shares | |
net cash received from financing activities | 122,325,000 |
cash and cash equivalents at beginning of year | 93,314,000 |
cash and cash equivalents at end of year | 234,221,000 |
benefit from major maintenance | |
statement of financial position data: | |
cash and cash equivalents | |
total current assets | |
land, buildings, machinery and equipment – net | |
investments in airport concessions | |
total assets | |
current liabilities | |
total liabilities | |
total shareholders’ equity | |
other data | |
net cash flows used in financing activities | |
statement of income data: | |
revenues: | |
aeronautical services | |
non-aeronautical services | |
construction services | |
total revenues | |
operating costs: | |
costs of services | |
construction costs | |
general and administrative expenses | |
concession tax | |
technical assistance fee | |
depreciation and amortization: | |
depreciation | |
amortization | |
total depreciation and amortization | |
other (expenses) income | |
total operating costs | |
income from operations | |
interest cost | |
exchange gain | |
income tax expense | |
consolidated comprehensive income | |
basic earnings per share | |
basic earnings per ads | |
other operating data: | |
total terminal passengers | |
total air traffic movements | |
aeronautical + non-aeronautical revenues per terminal passenger | |
total stockholders’ equity | |
other data: | |
items related to investment activities: | |
items related to financing activities: | |
exchange loss | |
trade accounts receivables | |
accounts payable to related parties | |
advances from customers | |
guarantee deposits | |
employee benefits | |
employee profit sharing | |
deferred employee profit sharing | |
payments for purchase of land, machinery and equipment | |
payments for improvements to concessioned properties | |
excess cash to be applied to (obtained from) financing activities | |
(payment of) proceeds from short-term debt | |
proceeds from long term debt | |
noncontrolling interest | |
reissuance (repurchase) of shares | |
decrease in: | |
deferred statutory employee profit sharing | |
cash required before net cash generated by (used) in financing activities | |
proceeds from short term debt | |
cash required before net cash from financing activities | |
minority interest | |
net income | |
items that did not require (generate) resources: | |
employee retirement obligations – net | |
deferred income tax | |
changes in operating assets and liabilities: | |
(increase) decrease in: | |
trade accounts receivable – net | |
accounts receivable from consorcio aeroméxico, s.a. de c.v., a related party | |
other current assets | |
increase (decrease) in: | |
accrued expenses and taxes other than income taxes | |
net resources generated by operating activities | |
issuance of common stock | |
additional paid-capital | |
net resources used in investing activities | |
additions to property, real estate, machinery, equipment and improvements to concessioned properties | |
other assets | |
cash and cash equivalents: | |
net increase | |
balance at beginning of year | |
balance at end of year | |
items that did not require resources: | |
increase in: | |
accounts receivable from consorcio aeroméxico, s.a.b de c.v., a related party | |
value-added tax payable | |
statutory employee profit sharing | |
cash dividends | |
additions to property, machinery, equipment and improvements to concessioned properties |