On July 24, GrupoAeroportuario del Sureste (NYSE:ASR) released Q2 2006 earnings for the period ended June 30.

  • Revenues decreased 2.8% because of the lingering effects of last year's hurricanes.
  • Quarterly passenger traffic fell 4% year over year.
  • For the first half of the year, passenger counts were down 10.7%.

(Figures in millions of Mexican pesos, except per-ADS data)

Income Statement Highlights

Q2 2006

Q2 2005

Change

Sales

574,167

590,935

(2.8%)

Net profit

173,312

165,720

4.6%

EPS

$0.51

$0.49

4.1%

Diluted shares

29,998

29,998

0.0%



Get back to basics with a look at the income statement.

Margin Checkup

Q2 2006

Q2 2005

Change*

Gross margin

73.20%

75.14%

(1.94)

Operating margin

40.89%

43.64%

(2.75)

Net margin

30.18%

28.04%

2.14

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q2 2006

Q2 2005

Change

Cash + ST invest.

1,193,710

1,303,551

(8.4%)

Accounts receivable

256,102

254,264

0.7%



Liabilities

Q2 2006

Q2 2005

Change

Accounts payable

8,451

6,791

24.4%

Long-Term debt

0

0

N/A



Learn the ways of the balance sheet.

Cash Flow Highlights

Q2 2006

Q2 2005

Change

Cash from ops.*

534,614

606,203

(11.8%)

Capital expenditures

417,190

249,409

67.3%

Free cash flow

117,424

356,794

(67.1%)

* Rough figure computed from net earnings plus depreciation and amortization.

Find out why Fools always follow the money.

Related companies:

  • GrupoAeroportuario del Pacifico (NYSE:PAC)
  • Expedia (NASDAQ:EXPE)
  • SouthwestAirlines (NYSE:LUV)
  • Continental Airlines (NYSE:CAL)
  • JetBlue (NASDAQ:JBLU)

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.

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At the time of publication, Seth Jaysonhad shares of ASUR, but no positions in any other firm mentioned here. Pacific Airport Group is recommended inMotley Fool Hidden Gemsand JetBlue is recommended inStock Advisor. Fool rules are here.