Business Context and Reporting Period
Company: Pacific Airport Group (Grupo Aeroportuario del Pacífico, S.A.B. de C.V.)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: October 24, 2012
Business Overview: The Company operates twelve airports in Mexico's Pacific region, including major hubs in Guadalajara and Tijuana, tourist destinations such as Puerto Vallarta and Los Cabos, and six mid-sized cities. Shares are listed on the NYSE (PAC) and BMV (GAP).
Key Financial Metrics
This filing is a corporate announcement regarding dividend distribution and does not contain a full set of financial statements (revenue, profit, cash flow, or debt levels) for the reporting period.
- Net Income Pending Allocation: Ps. 1,416,688,649 (as of the April 2012 Shareholders' Meeting).
- Total Dividend Declared: Ps. 1,130,000,000.
- Dividend Payment Schedule:
- First Portion: Ps. 847,500,000 (Paid on or before May 31, 2012).
- Second Portion: Ps. 282,500,000 (Scheduled for November 1, 2012).
- Per Share Amount (Second Portion): Ps. 0.53229515 per outstanding share.
Material Changes
The filing does not report material changes in operating results, revenue, or debt compared to prior periods. The primary material event is the scheduled execution of the second tranche of the dividend approved in April 2012.
Guidance, Outlook, and Risks
Management Commentary: The Company confirmed the payment date for the second portion of the dividend as November 1, 2012. The remaining net income pending application after the dividend payment will stay in that account.
Risks and Forward-Looking Statements: The filing includes standard disclaimers that forward-looking statements regarding future operations, financial condition, and liquidity are subject to risks and uncertainties. Actual results may differ materially from expectations due to economic conditions, industry trends, and operating factors.
Compliance: The Company maintains a whistleblower program in accordance with the Sarbanes-Oxley Act and Mexican Securities Market Law.
Investor Verification Checklist
- Verify the record date for the November 1, 2012 dividend payment to ensure eligibility.
- Confirm the number of outstanding shares to calculate the total dividend payout per share accurately.
- Review the Company's Form 20-F for the full fiscal year 2012 financial statements, as this 6-K does not contain revenue or earnings data.
- Monitor the Company's website for updates on the remaining net income pending allocation.