Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 296

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 19
Chunk 296
---
,155         -               -                      90  
  Long-term incentive plan cost (Note 18)      -            3,833          -           ( 3,833)      -               -                       -  
  Net income for the year                      -            -              -           -             126,375         -                 126,375  
  Other comprehensive loss items               -            -              -           -             -               ( 4,246)         ( 4,246)  
  Total comprehensive income (loss)            -            -              -           -             126,375         ( 4,246)          122,129  
  Balance as of December 31, 2024              248,278      ( 12,787)      17,363      283,362       ( 21,709)       ( 149,694)        364,813  

The accompanying notes are an integral part of these consolidated
financial statements.

  F-9  

CONTROLADORA VUELA COMPAÑÍ A DE AVIACIÓ N,
S. A. B. DE C. V. AND SUBSIDIARIES

(d. b. a. VOLARIS)

Consolidated Statements of Cash Flows

For the years ended December 31, 2024, 2023 and 2022

(In thousands of U. S. dollars)

                                                                                           For the years ended December 31,                                      
                                                                                                                       2024             2023               2022  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Operating activities                                                                                                                                           
  Net income (loss)                                                                                             US$ 126,375        US$ 7,819      US$ ( 80,224)  
  Adjustments for:                                                                                                                                               
  Depreciation and amortization (including right-of-use-assets) (Notes 12, 13 and 14)                               593,050          496,311            417,929  
  Allowance for credit losses (Note 8)                                                                                  818            1,330              1,672  
  Finance income (Note 23)                                                                                        ( 49,444)        ( 38,222)          ( 12,902)  
  Finance cost                                                                                                      292,135          218,130            191,809  
  Net foreign exchange (gain) loss differences                                                                    (