Period Ending:

Cifras en millones de pesos

2017 2018

Total Current Assets $ 33,960,011 $ 38,408,297

Cash and Short Term Investments $ 5,323,272 $ 6,114,894
Total Receivables, Net $ 2,125,661 $ 1,856,277
Total Inventory $ 5,912,514 $ 6,720,396
Prepaid Expenses $ 145,761 $ 143,889
Other Current Assets, Total $ 20,452,803 $ 23,572,841
Total Assets $ 64,515,547 $ 72,311,162
Property/Plant/Equipment, Total - Net $ 12,505,418 $ 17,458,915
Goodwill, Net $ 5,559,953 $ 5,436,868
Intangibles, Net $ 5,544,031 $ 5,199,801
Long Term Investments $ 3,081,935 $ 3,192,090
Note Receivable - Long Term $ 2,266,146 $ 2,466,051
Other Long Term Assets, Total $ 1,598,053 $ 149,140
Other Assets, Total - -
Total Current Liabilities $ 32,289,247 $ 37,836,809
Accounts Payable $ 10,668,083 $ 11,165,524
Payable/Accrued - -
Accrued Expenses $ 845,060 $ 823,642
Notes Payable/Short Term Debt $ 38,090 $ 6,616
Current Port. of LT Debt/Capital Leases $ 1,875,706 $ 2,707,826
Other Current liabilities, Total $ 18,862,308 $ 23,133,201
Total Liabilities $ 56,675,979 $ 64,899,947
Total Long Term Debt $ 6,356,335 $ 9,210,913
Deferred Income Tax $ 3,004,467 $ 1,409,857
Minority Interest $ 11,892,786 $ 11,051,254
Other Liabilities, Total $ 3,133,144 $ 5,391,114
Total Equity $ 7,839,568 $ 7,411,215
Redeemable Preferred Stock, Total - -
Preferred Stock - Non Redeemable, Net - -
Common Stock, Total $ 4,482 $ 4,482
Additional Paid-In Capital $ 4,843,466 $ 4,843,466
Retained Earnings (Accumulated Deficit) $ 1,345,966 $ 1,049,634
Treasury Stock - Common -$ 2,734 -$ 2,734
ESOP Debt Guarantee - -
Unrealized Gain (Loss) - -
Other Equity, Total $ 1,648,388 $ 1,516,367
Total Liabilities & Shareholders' Equity $ 64,515,547 $ 72,311,162
 Análisis Vertical
2019 2020
2017 2018 2019 2020
$ 5,356,665 $ 5,265,996 52.64% 53.12% 33.77% 33.65%
$ 2,605,911 $ 2,413,583 15.68% 15.92% 48.65% 45.83%
$ 768,815 $ 873,043 6.26% 4.83% 14.35% 16.58%
$ 1,900,660 $ 1,922,617 17.41% 17.50% 35.48% 36.51%
$ 43,351 $ 36,811 0.43% 0.37% 0.81% 0.70%
$ 37,928 $ 19,942 60.23% 61.37% 0.71% 0.38%
$ 15,861,015 $ 15,649,974 47.36% 46.88% 66.23% 66.35%
$ 5,148,740 $ 5,025,147 40.93% 51.50% 49.02% 48.39%
$ 2,929,751 $ 2,853,535 18.20% 16.04% 27.89% 27.48%
$ 304,215 $ 307,797 18.14% 15.34% 2.90% 2.96%
$ 1,885,036 $ 1,903,314 10.09% 9.42% 17.95% 18.33%
$ 34,310 $ 33,708 7.42% 7.27% 0.33% 0.32%
$ 202,298 $ 260,477 5.23% 0.44% 1.93% 2.51%
- - - - - -
$ 5,906,214 $ 6,422,947 56.97% 58.30% 68.17% 68.00%
$ 3,859,345 $ 3,872,518 33.04% 29.51% 65.34% 60.29%
- - - - - -
$ 241,210 $ 248,504 2.62% 2.18% 4.08% 3.87%
$ 10,176 $ 7,757 0.12% 0.02% 0.17% 0.12%
$ 449,285 $ 910,695 5.81% 7.16% 7.61% 14.18%
$ 1,346,198 $ 1,383,473 58.42% 61.14% 22.79% 21.54%
$ 8,664,487 $ 9,446,111 87.85% 89.75% 54.63% 60.36%
$ 1,351,585 $ 1,663,871 26.06% 34.03% 49.00% 55.04%
$ 116,503 $ 118,722 12.32% 5.21% 4.22% 3.93%
$ 1,248,314 $ 1,200,410 48.77% 40.84% 45.26% 39.71%
$ 41,871 $ 40,161 12.85% 19.92% 1.52% 1.33%
$ 7,196,528 $ 6,203,863 12.15% 10.25% 45.37% 39.64%
- - - - - -
- - - - - -
$ 4,482 $ 4,482 0.06% 0.06% 0.06% 0.07%
$ 4,843,466 $ 4,843,466 61.78% 65.35% 67.30% 78.07%
$ 980,580 $ 1,144,239 17.17% 14.16% 13.63% 18.44%
-$ 2,734 -$ 2,734 -0.03% -0.04% -0.04% -0.04%
- - - - - -
- - - - - -
$ 1,370,734 $ 214,410 21.03% 20.46% 19.05% 3.46%
$ 15,861,015 $ 15,649,974
 Análisis Horizontal
2017-2018 2018-2019 2019-2020
13.10% -86.05% -1.69%
14.87% -57.38% -7.38%
-12.67% -58.58% 13.56%
13.66% -71.72% 1.16%
-1.28% -69.87% -15.09%
15.25% -99.84% -47.42%
12.08% -78.07% -1.33%
39.61% -70.51% -2.40%
-2.21% -46.11% -2.60%
-6.21% -94.15% 1.18%
3.57% -40.95% 0.97%
8.82% -98.61% -1.75%
-90.67% 35.64% 28.76%
- - -
17.18% -84.39% 8.75%
4.66% -65.44% 0.34%
- - -
-2.53% -70.71% 3.02%
-82.63% 53.81% -23.77%
44.36% -83.41% 102.70%
22.64% -94.18% 2.77%
14.51% -86.65% 9.02%
44.91% -85.33% 23.11%
-53.07% -91.74% 1.90%
-7.08% -88.70% -3.84%
72.07% -99.22% -4.08%
-5.46% -2.90% -13.79%
- - -
- - -
0.00% 0.00% 0.00%
0.00% 0.00% 0.00%
-22.02% -6.58% 16.69%
0.00% 0.00% 0.00%
- - -
- - -
-8.01% -9.60% -84.36%
 Period Ending:
Cifras en millones de pesos
2017 2018

Total Revenue $ 56,442,803 $ 14,870,027

Revenue $ 56,442,803 $ 14,870,027
Other Revenue, Total - -
Cost of Revenue, Total $ 42,148,122 $ 11,024,784
Gross Profit $ 14,294,681 $ 3,845,243
Total Operating Expenses $ 54,311,240 $ 14,215,332
Selling/General/Admin. Expenses, Total $ 10,699,652 $ 2,702,463
Research & Development - -
Depreciation / Amortization $ 1,019,086 $ 439,176
Interest Expense (Income) - Net Operating - -
Unusual Expense (Income) $ 308,443 $ 49,366
Other Operating Expenses, Total $ 135,937 -$ 457
Operating Income $ 2,131,563 $ 654,695
Interest Income (Expense), Net Non-Operating -$ 990,409 -$ 443,802
Gain (Loss) on Sale of Assets - -
Other, Net -$ 166,366 -$ 68,774
Net Income Before Taxes $ 974,788 $ 142,119
Provision for Income Taxes $ 259,918 -$ 55,799
Net Income After Taxes $ 714,870 $ 197,918
Minority Interest -$ 853,353 -$ 959,514
Equity In Affiliates - -
U.S GAAP Adjustment - -
Net Income Before Extraordinary Items -$ 138,483 -$ 761,596
Total Extraordinary Items $ 356,196 $ 1,014,764
Net Income $ 217,713 $ 253,168
 Análisis Vertical
2019 2020
2017 2018 2019 2020
$ 15,293,083 $ 15,735,839 100.00% 100.00% 100.00% 100.00%
$ 15,293,083 $ 15,735,839 100.00% 100.00% 100.00% 100.00%
- - - - - -
$ 11,370,935 $ 11,814,208 74.67% 74.14% 74.35% 75.08%
$ 3,922,148 $ 3,921,631 25.33% 25.86% 25.65% 24.92%
$ 14,618,896 $ 15,124,594 96.22% 95.60% 95.59% 96.12%
$ 2,724,324 $ 2,749,554 18.96% 18.17% 17.81% 17.47%
- - - - - -
$ 450,529 $ 443,308 1.81% 2.95% 2.95% 2.82%
- -$ 802 - - - -0.01%
$ 47,643 $ 59,855 0.55% 0.33% 0.31% 0.38%
$ 25,465 $ 58,471 0.24% 0.00% 0.17% 0.37%
$ 674,187 $ 611,245 3.78% 4.40% 4.41% 3.88%
-$ 460,434 -$ 221,673 -1.75% -2.98% -3.01% -1.41%
- - - - - -
-$ 42,619 -$ 4,290 -0.29% -0.46% -0.28% -0.03%
$ 171,134 $ 385,282 1.73% 0.96% 1.12% 2.45%
$ 23,296 $ 54,179 0.46% -0.38% 0.15% 0.34%
$ 147,838 $ 331,103 1.27% 1.33% 0.97% 2.10%
-$ 865,074 -$ 99,030 -1.51% -6.45% -5.66% -0.63%
- - - - - -
- - - - - -
-$ 717,236 $ 232,073 -0.25% -5.12% -4.69% 1.47%
$ 774,838 -$ 1,201 0.63% 6.82% 5.07% -0.01%
$ 57,602 $ 230,872 0.39% 1.70% 0.38% 1.47%
 Análisis Horizontal
2017-2018 2018-2019 2019-2020
-73.65% 2.85% 2.90%
-73.65% 2.85% 2.90%
- - -
-73.84% 3.14% 3.90%
-73.10% 2.00% -0.01%
-73.83% 2.84% 3.46%
-74.74% 0.81% 0.93%
- - -
-56.90% 2.59% -1.60%
- - -
-84.00% -3.49% 25.63%
-100.34% -5672.21% 129.61%
-69.29% 2.98% -9.34%
-55.19% 3.75% -51.86%
- - -
-58.66% -38.03% -89.93%
-85.42% 20.42% 125.13%
-121.47% -141.75% 132.57%
-72.31% -25.30% 123.96%
12.44% -9.84% -88.55%
- - -
- - -
449.96% -5.82% -132.36%
184.89% -23.64% -100.16%
16.29% -77.25% 300.81%