Company Information

  

Address: AEROPUERTO INTERNACIONAL DE MONTERREY
CARRETERA MIGUEL ALEM?N, KM. 24 S/N 
City: APODACA, NUEVO LE?N 
State:  
Zip Code: 66600 
Telephone: (52) (81) 8625 4300 

Description of Business

Primary SIC Code: 4581
(As filed with the SEC)  

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., which we refer to by the acronym "GACN", is a corporation (sociedad anónima bursátil de capital variable) organized under the laws of Mexico. We were incorporated in 1998 as part of the Mexican government's program for the opening of Mexico's airports to private investment. The duration of our corporate existence is indefinite. We are a holding company and conduct substantially all of our operations through our subsidiaries. The terms "GACN", "the Company", "we", "us" and "our" in this annual report 32 -------------------------------------------------------------------------------- Table of Contents refer to Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., together with its subsidiaries, and to properties and assets that we own or operate, unless otherwise specified. Our registered office is located at Torre Latitud, L501, Piso 5, Av. Lázaro Cárdenas 2225, Col.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20170.27NA153.63
12/20151.44NA26.70
12/20131.840.60714.51
12/20121.26NA17.26
12/20110.890.13014.08

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity6.42Total Liab/Total Assets0.50
Net Inc/Total Assets0.15Total Liab/Inv Cap0.55
Net Inc/Inv Cap0.16Total Liab/Comm Equity21.40
Pretax Inc/Net Sales0.41Interest Coverage Ratio9.36
Net Inc/Net Sales0.30Curr Debt/Equity0.01
Cash Flow/Net Sales0.41LTD/Equity0.65
SG&A/NetSales0.14Total Debt/Equity0.66
Asset Utilization   Liquidity  
Net Receivables Turnover8.89Quick Ratio3.17
Inventory TurnoverNACurrent Ratio3.17
Inventory Day SalesNANet Rec/Curr Assets0.23
Net Sales/Work Cap2.98Inv/Curr AssetsNA
Net Sales/PP&E2.74  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Revenues(Net Sales) 364.41 269.41 260.13 253.04
Cost of Goods Sold 132.81 73.19 78.65 85.50
Selling & Admin Exps 50.75 47.68 49.73 52.68
Operating Income 165.55 135.11 117.92 99.66
Interest Exp 18.03 16.05 19.38 17.94
Pretax Income 150.80 127.34 101.25 85.44
Other Income 3.28 8.27 2.72 3.71
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 109.25 91.09 71.60 69.67

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Cash & Short Term Investments 121.76 145.90 154.34 190.52
Receivables - Total 40.88 41.12 29.72 33.56
Inventories - Total NA NA NA NA
Total Current Assets 178.82 198.94 186.25 230.96
Net Property, Plant & Equipment 132.96 118.64 137.28 154.98
Total Assets 725.81 657.49 724.35 842.48
Liabilities        
Accounts Payable 41.95 43.28 40.12 40.63
Debt in Current Liabilities 2.60 2.72 3.21 3.19
Total Current Liabilities 56.44 53.80 56.09 56.36
Long-Term Debt 234.21 225.12 269.72 317.33
Total Liabilities 364.46 339.33 384.52 430.98
Stockholder's Equity        
Minority Interest 8.15 6.43 4.71 3.47
Preferred Stock NA NA NA NA
Common Stock 15.51 14.74 17.51 101.16
Retained Earnings 269.95 235.23 321.14 292.59
Treasury Stock NA NA NA NA
Total Stockholders' Equity 361.34 318.16 339.82 411.50
Total Liabilities and Stockholders' Equity 725.81 657.49 724.35 842.48

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Cash Provided by Operating Activities 149.31 115.82 119.81 109.28
Net Cash Provided by Investing Activities -78.85 -22.88 -28.56 -25.23
Net Cash Provided by Financing Activities -101.15 -73.50 -103.01 2.39

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013260.9891.731.84
12/2014253.0469.67--
12/2015260.1271.601.44
12/2016269.4191.09--
12/2017364.41109.240.27
Growth Rates8.704.47--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18727,16316.66




Report Date : 7/16/2018

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