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 — Q3 2021 Earnings Presentation
34 slides from Grupo Aeroportuario Del Centro Norte Sab De Cv Class B's earnings presentation, Oct 27, 2021
Slide 1: OMA Announces Third Quarter 2021 Operating and Financial Results
OMA Announces Third Quarter 2021 Operating and Financial Results Mexico City, Mexico, October 26, 2021 — Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (NASDAQ: OMAB; BMV: OMA), today reported its unaudited, consolidated financial and operating results fo
Slide 2: Summary of results
‘war Var (Thousand Passengers and Million Pesos) Create asd Passenger Teffle 12666 (64) " Aeronautical Revenues “3725 (136) "7 Non Aeronouical Revenues 98. urs 28) “Aeronautical + Non-Aeronautcal Revenues 1377 4900 (234) = imo 979 95.9 6,040 (3.6) Adjusted EBTDA 213 3589437) “Adjusted EBITOA Margin
Slide 3: Investor Relations contacts
Chief Financial Officer Investor Relations: Ruffo Pérez Pliego del Castillo. Luis Emmanuel Camacho Thierry +52 (81) 8625 4300 #52 (81) 8625 4308 rperezpliego@oma.aero ecamacho@oma.aero @ OO © /OMAeropuertos Www.oma.aero
Slide 4: 3Q21 Operating Results
OMA will hold its 3Q21 earnings conference call on October 27, 2021 at 11:00 a.m. Eastern time, 10:00 a.m. Mexico City time. Call +1-877-407-9208 toll-free from the U.S. or +1-201-493-6784 from outside the U.S. The conference ID is 13723634. The conference call will also be available by webcast at h
Slide 5: OMA
OMA
Slide 6: Commercial Operations
Commercial Operations The commercial space occupancy rate in the passenger terminals was 85.1% as of September 30, 2021. During the quarter, a total of 596 m 2 in commercial spaces were occupied. Freight Logistics Services § OMA Carga’s revenues increased by 51.8%, compared to 3Q20 due to higher han
Slide 7: OMA
OMA
Slide 8: Diversification revenues increased 70.9%
Diversification revenues increased 70.9%, mainly due to higher revenues from hotel services and OMA Carga.
Slide 9: Non-aeronautical revenues detail
(Ps. Thousands) 3020 3021 % Var M20 9M21__% Var Diversification Activities: Hotel Services 25,483 si 1375 1100093 149081354 (OMA Carga (Freight Logistics Service) 43,635 6529 ss 130,635 19474 48.6 RealEstate Services 4,100 4663137 13,356 B58 Industeial Services 12,440 15472 28d 35,592 4652-297 Other
Slide 10: Construction revenues
Construction revenues represent the value of improvements to concessioned assets. They are equal to construction costs and generate neither a gain nor a loss. Construction revenues and costs are determined based on the advance in the execution of projects in accordance with the airports’ Master Deve
Slide 11: Major maintenance provision and operating costs
The major maintenance provision was Ps.165 million, and reflects a higher level of future executions of major maintenance works, pursuant to the Master Development Program for the period 2021-2025. The outstanding balance of the maintenance provision as of September 30, 2021 was Ps.1,659 million. Th
Slide 12: OMA
OMA
Slide 13: Operating Income and Adjusted EBITDA
Operating Income and Adjusted EBITDA Operating Income was Ps.1,187 million, with an operating margin of 49.9%. Adjusted EBITDA was Ps.1,473 million, with a margin of 75.2%.
Slide 14: Financing Income, Taxes, and Net Income
Financing Income, Taxes, and Net Income Financing Expense was Ps.42million, a decrease of 73.5%, mainly due to an exchange gain, as compared to an exchange loss during the 3Q20, as well as the higher interest income recorded.
Slide 15: OMA
OMA
Slide 16: Airport Projects
Airport Project [MDP investments Cudealiarer febabiltaton of commercal vation patfomn Taned Toresn Majo rehabilitation of unway staned 1B Arpors ——_Phatovoitale Solar Sytem In Process Cludad udrer Remodeling and expansion of terminal bing In Process Monterey Platforms reconfiguration In Process Mect
Slide 17: Debt schedule
(Ps Thousands) ‘Schedules Interest ‘September 30, ‘September 3, yr bong P1500 me OMNIS on 03 bat 00000 00000 00000 Tinance GX ond heron Debt ule Tye bond P3000 OMA Tae 2007 co Soo) Soo) "ence GUY on fiance Deke Bale, aye erm ton: Pate pr Fong Caan Way 205 borage can ar Tine Sec yA yen 100 re OMA son
Slide 18: Derivatives and Cash Flow Statement
Derivatives As of the date of this report, OMA has no financial derivatives exposure. Cash Flow Statement During 3Q21, cash flows from operating activities generated cash of Ps.1,379 million. This increase was mainly due to a higher income from operations. Investing activities used cash of Ps.361 mi
Slide 19: COVID-19 Update
COVID-19 Update During the third quarter of 2021, passenger traffic continued to show a positive recovery trend as compared to 3Q19, due to a higher mobility level in the country, in line with the epidemiological risk traffic light system. As of the date of this report, 2 states in which OMA operate
Slide 20: OMA
OMA
Slide 21: Passenger traffic by airport
(errial Passengers Excludes Trani Passengers) Total passengers 3020 3a var zo gwzt svar ‘Acapulco Saao0 ssi? 23a Tuas W938 as Cludad ute aozase 453,701 a0 560.501 1053350879 Cculacén 300087 4843696 947.279 rans aa hibuahu 95962397221 1027 sr7si8 962006666 Durango ses 9380197 191505 316s 663 Mazatin
Slide 22: OMA
OMA
Slide 23: Unaudited Consolidated Balance Sheet
‘Grupo Aeroportuario del Centro Norte, .A.B. de C Unaudited Consolidated Balance sheet (Thousands of Pesos) September 20, December 31, September 30, var var 2020 2020 a sep2t/Sep20___Sep24/beca0 Tests Caren Assets Cash and Cash Equivalents 3021756 2.958.008 683.782 ss0 sea Trade Accounts Receivable
Slide 24: OMA
OMA
Slide 25: Consolidated income statement
300 sa sve oman swot__sver ‘Aeronautica! Revenues s5u366 1 s0n60e sso 2032325 at New-Aeonautel Reverses woz as6os sei see 117s37___ 358 “Reronstial Revenues + Now Aeron Ravens aes 4959703 wry age7as—4asg7m 027 Contraction Revenues sasaso 417168 7357530 uunars a0 “Tota Revenues “zac —2376867 359 —~a7
Slide 26: OMA
OMA
Slide 27: Consolidated cash flow statement
‘(ousanas of Fess) From sly to September 30, From lanuary 1 to September 30, ‘Operating Activities Income Belore Totes - s727s___ esse 20767 a z297as anos ‘Depreciation and Amaraton 108395 ‘must —120 522868 39st Major Maietenance Provision 63,0650 151926 eas 30a790 143 Doubt Accounts Provision 9080
Slide 28: OMA
OMA
Slide 29: Statement of Change in Stockholders' Equity
nuded Statement of Change in Stockholder’ tauty lance sof Decamber 31,2019 sexs0085 01739 29786 sans07 s2sase ey arses 0749s esauance Reprhave) of Shares Net (a289259 ‘en (245.003 (9500) Balance sof September 30, 220, cerry soa 27 355560 3000 ery ra os96 89 ‘rape Aeroportuat dl Cntr Morte, SAB. deCV
Slide 30: OMA
OMA
Slide 31: Unaudited Operating Results by Airport
Grupo Aeroportuario del Centro Norte, $.A.B. de CV. Unaudited Operating Results by Airport {Thousands of Pesos) Monterrey 3070 saz 20 owen caltacén 3020 san wo out Total Revenues 0234 1067,482 ‘LT6319 2631139 “Total Revenues ase 172038 332553516620 Aeronautical Revenues 256482634210 859,115 1.666991
Slide 32: Notes to the Financial Information
Notes to the Financial Information Financial statements are prepared in accordance with International Financial Reporting Standards (“IFRS”), and presented in accordance with IAS 34 “Interim Financial Reporting.” For more information, please refer to our Quarterly Financial Information submitted to
Slide 33: Analyst Coverage
Analyst Coverage In accordance with the requirements of the Mexican Stock Exchange, the analysts covering OMA are:
Slide 34: Forward-looking statements
This report may contain forward-looking information and statements. Forward-looking statements are statements that are not historical facts. These statements are only predictions based on our current information and expectations and projections about future events. Forward-looking statements may be
Central North Airport Group — Q3 2021 Earnings Presentation on 6ix