Grupo Aeroportuario Del Centro Norte Sab De Cv Class B · BMV:OMA/B
Grupo Aeroportuario Del Centro Norte Sab De Cv Class B — Central North Airport Group — Q1 2008 Earnings Presentation
9 slides from Grupo Aeroportuario Del Centro Norte Sab De Cv Class B's earnings presentation, Apr 25, 2008
Slide 1: First quarter 2008 (compared to 2007)
First quarter 2008 (compared to the first quarter of 2007) • Passenger traffic totaled 3.7 million in the quarter, an increase of 11.5%. Ten of our 13 airports reported increases. Domestic traffic grew 15.8%; international traffic decreased 2.0%. • Total net revenues increased 11.9% to Ps. 502 milli
Slide 2: Cost of services and administrative expenses
Cost of services and administrative expenses, which are the direct result of the company’s operating activities, increased by 7.3% in the first quarter of 2008, compared to the prior year period. Costs and administrative expenses per passenger declined 3.7% in the first quarter of 2008, as compared
Slide 3: Adjusted EBITDA increased 15.1% during 2008
Adjusted EBITDA , which is equivalent to UAFIDA in Mexico, increased 15.1% during the first quarter of 2008 to Ps. 288.7 million. The Adjusted EBITDA margin for the first quarter was 57.5%, an increase as compared to 55.9% in the first quarter of 2007. Other income (expense), financing income, and t
Slide 4: Other income (expense), financing income and taxes
Other income (expense), net during the first quarter 2008 was income of Ps. 102.5 million, as compared to an expense of Ps. (2.5) million in the prior year period, as a result of the cancellation of a provision of Ps. 104.2 million for deferred Employees’ Statutory Profit Sharing (PTU). Integral fin
Slide 5: Passenger Traffic
Grupo Aeroportuario del Centro Norte, S.A.B. de C.¥. Passenger Traffic (Thousands of terminal passengers-excludes transit passenge's) Total Passengers 1007 1908 ar ‘Acapulco wed 3504 a) Ciudad Jusrez v7 2608 36.4 Cultacén 202 M12 29.6 Chihuahua ime 2015 124 Durange 60.1 642 68 Mazatlin 25012687 44 M
Slide 6: Unaudited Consolidated Balance Sheet
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Unaudited Consolidated Balance Sheet (Thousand of pesos) March 31, 2007 2008 var, feels Cumantassete Cash and cach equialents 1aongs7 1 s77I2 13.6) Trade Accounts racevatte- net 2267356780 4.5 Recove able taxes 75501 mM 66.5) Othercumantazete 3746
Slide 7: Unaudited Consolidated Statement of Income
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Unaudited Consolidated Statement of Income (Thousands of pesns) 1907 1Q08__% var, Revenues Aeronautical services 365,208 9,978 12.3, Norraeranaustical services 83,108 9487105 Total revenues 48,331 301,007 119 Operating costs Cost af services 16 70
Slide 8: Unaudited Consolidated Cash Flow Statement
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Unaudited Consolidated Cash Flow Statement (Thousands of pesns) Through March 31, 2008 Operating activities Income before taxes 332,100 tems retated to investing activities Depreciation and amortization 84,724 Interest income (28,054) Employee ret
Slide 9: Operating Results by Airport
Grupo Aeroportuario del Centro Norte, SAB. de CV. Operating Resutts by Airport (thousands of passengers, end thousands of peses) Monterrey 1907 1908 Acapulco Total passengers 740 1,605.4 Total pasengers Revenues ween 208,526 Revenues Aernautical raisn 12,006 Aeronautical Non-aeranautical 41522 46,10
Central North Airport Group — Q1 2008 Earnings Presentation on 6ix