| Dec'17 | ||||||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Income before income taxes | ||||||
149,504 | ||||||
Adjustments for: | ||||||
Depreciation and amortization | ||||||
15,160 | ||||||
Major maintenance provision | ||||||
14,747 | ||||||
Increase (decrease) in allowance for doubtful accounts | ||||||
-535 | ||||||
(Gain) loss on sale of property and equipment | ||||||
68 | ||||||
Present value of major maintenance provision | ||||||
-278 | ||||||
Interest income | ||||||
6,172 | ||||||
Interest expense | ||||||
17,878 | ||||||
Unrealized exchange rate fluctuation | ||||||
3,063 | ||||||
Profit (loss) after adjustments | ||||||
193,299 | ||||||
Trade accounts receivable | ||||||
4,760 | ||||||
Recoverable tax | ||||||
-1,322 | ||||||
Other accounts receivable and prepaid expenses | ||||||
110 | ||||||
Trade accounts payable | ||||||
-635 | ||||||
Payable taxes and other accrued expenses | ||||||
-691 | ||||||
Income taxes paid | ||||||
42,055 | ||||||
Related parties, net | ||||||
-3,849 | ||||||
Major maintenance provision | ||||||
4,955 | ||||||
Guarantee deposits and labor obligations | ||||||
3,362 | ||||||
Net cash flows from operating activities | ||||||
148,024 | ||||||
Cash flows by investment activities: | ||||||
Acquisition of property improvements | ||||||
11,237 | ||||||
Other non-current assets | ||||||
1,090 | ||||||
Proceeds from sale of property and equipment | ||||||
68 | ||||||
Acquisition of improvements in concessioned assets | ||||||
69,356 | ||||||
Other investments held to maturity | ||||||
-2,500 | ||||||
Interest received | ||||||
5,943 | ||||||
Net cash flows used by investing activities | ||||||
-78,172 | ||||||
Cash flow from financing activities: | ||||||
Cash received from debt financing and debt securities | ||||||
745 | ||||||
Payment of long-term debt | ||||||
2,593 | ||||||
Interest paid | ||||||
17,760 | ||||||
Dividends paid | ||||||
79,810 | ||||||
Issuance (repurchase) of shares | ||||||
1,735 | ||||||
Increase in non-controlling interest | ||||||
869 | ||||||
Net cash used by financing activities | ||||||
-100,284 | ||||||
Net increase (decrease) in cash and cash equivalents | ||||||
-30,432 | ||||||
Effects of exchange rate changes on the foreign currency | ||||||
-3,659 | ||||||
Non cash investing activities which are not reflected in the consolidated statements of cash flows: | ||||||
Acquisition of property, leasehold improvements and equipment, including finance lease | ||||||
2,589 | ||||||
Acquisition of other assets | ||||||
227 | ||||||
Acquisition of improvements in concessioned assets | ||||||
3,779 | ||||||