GRUPO AEROPORTUARIO DEL SURESTE, S. A. B. DE C. V. 
By MEXICO CITY, Jan. 3, 2014 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) (ASUR) the first privatized airport group in Mexico and operator of Cancun Airport and eight others in the southeast of Mexico, as well as a 50% JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Munoz Marin International Airport in San Juan, Puerto Rico, today announced that it received approval from the Ministry of Communications and Transportation for the Master Development Programs for each of its Mexican concessions for the years 2014 through 2028 and the efficiency factor applicable and the maximum tariffs per work load unit for the years 2014 through 2018. One work load unit equals one passenger or 100 kg of cargo.
Master Development Programs
Expressed in millions of constant pesos as of December 31, 2012
Airport 2014-2018* 2019-2023** 2024-2028**
------- --------- ---------- ----------
Cancun 5,565.6*** 1,452.8 1,345.5
------ --------- ------- -------
Cozumel 174.8 61.4 129.0
------- ----- ---- -----
Huatulco 128.8 145.6 94.2
-------- ----- ----- ----
Merida 379.4 158.8 104.4
------ ----- ----- -----
Minatitlan 82.0 30.2 64.7
---------- ---- ---- ----
Oaxaca 93.8 105.3 84.8
------ ---- ----- ----
Tapachula 54.1 36.5 61.3
--------- ---- ---- ----
Veracruz 394.1 110.8 128.7
-------- ----- ----- -----
Villahermosa 153.2 103.0 133.0
------------ ----- ----- -----
* Committed investment
** Indicative investment (not
binding)
As of December 31, 2013 ASUR
has invested Ps.698.2 million
(which is included in the
investment commitments for
*** this period shown above)
Committed Investments
Expressed in millions of constant pesos as of December 31, 2012
Airport 2014 2015 2016 2017 2018
------- ---- ---- ---- ---- ----
Cancun 800.9 2,259.9 1,421.8 865.7 217.2
------ ----- ------- ------- ----- -----
Cozumel 24.8 60.8 22.0 61.4 5.9
------- ---- ---- ---- ---- ---
Huatulco 54.2 54.7 5.9 7.5 6.4
-------- ---- ---- --- --- ---
Merida 65.6 181.7 89.5 38.8 3.9
------ ---- ----- ---- ---- ---
Minatitlan 41.3 24.4 10.3 1.9 4.1
---------- ---- ---- ---- --- ---
Oaxaca 9.1 28.7 37.0 13.3 5.8
------ --- ---- ---- ---- ---
Tapachula 14.3 25.3 2.3 4.3 7.8
--------- ---- ---- --- --- ---
Veracruz 197.6 177.4 7.7 6.1 5.3
-------- ----- ----- --- --- ---
Villahermosa 35.4 49.1 51.5 5.6 11.7
------------ ---- ---- ---- --- ----
As of December 31, 2013 ASUR has invested the following amounts at Cancun airport:
Expressed in millions of constant pesos as of December 31, 2012
Airport 2014 2015 2016 2017 2018
------- ---- ---- ---- ---- ----
Cancun 139.6 139.6 139.6 139.6 139.6
------ ----- ----- ----- ----- -----
The Master Development Plan for Cancun Airport has accounted for these investments and includes these amounts in the investment commitments for the periods shown above.
Maximum Tariffs per Work Load Unit
Expressed in constant pesos as of December 31, 2012
Airport Maximum Tariff *
------- ---------------
Cancun 142.48
------ ------
Cozumel 175.89
------- ------
Huatulco 166.56
-------- ------
Merida 146.57
------ ------
Minatitlan 183.92
---------- ------
Oaxaca 173.15
------ ------
Tapachula 171.77
--------- ------
Veracruz 140.38
-------- ------
Villahermosa 133.05
------------ ------
Maximum Tariff
includes the 0.70%
efficiency factor
applicable for
* 2014.
The concession agreements for each airport provide that such airport's maximum rates will be reduced annually to account for projected improvements in efficiency. For the five-year period ending December 31, 2018, the maximum rates applicable to ASUR's airports will be reduced by an annual efficiency factor of 0.70% in real terms.
About ASUR:
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is a Mexican airport operator with concessions to operate, maintain and develop the airports of Cancun, Merida, Cozumel, Villahermosa, Oaxaca, Veracruz, Huatulco, Tapachula and Minatitlan in the southeast of Mexico, as well as a 50% JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Munoz Marin International Airport of Puerto Rico. The Company is listed both on the Mexican Bolsa, where it trades under the symbol ASUR, and on the NYSE in the U.S., where it trades under the symbol ASR. One ADS represents ten (10) series B shares.
SOURCE Grupo Aeroportuario del Sureste, S.A.B. de C.V.
