Av.
Vasco de Quiroga No. 2000, Colonia Santa Fe 01210 Mexico,
D.F.
|
(Address
of principal executive offices)
|
Form
20-F
|
x
|
Form
40-F
|
Yes
|
|
No
|
x
|
STOCK EXCHANGE CODE: TLEVISA |
QUARTER: 01
|
YEAR: 2009
|
BALANCE
SHEETS
|
|||||
AS
OF MARCH 31, 2009 AND 2008
|
CONSOLIDATED
|
||||
(Thousands
of Mexican Pesos)
|
|
Final
Printing
|
||||
REF
|
|||||
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
|||
S
|
Amount
|
%
|
Amount
|
%
|
s01
|
TOTAL
ASSETS
|
122,144,201
|
100
|
97,263,751
|
100
|
s02
|
CURRENT
ASSETS
|
67,291,429
|
55
|
50,159,933
|
52
|
s03
|
CASH
AND SHORT-TERM INVESTMENTS
|
42,632,970
|
35
|
30,572,128
|
31
|
s04
|
ACCOUNTS
AND NOTES RECEIVABLE (NET)
|
14,665,233
|
12
|
12,635,769
|
13
|
s05
|
OTHER
ACCOUNTS AND NOTES RECEIVABLE (NET)
|
3,368,523
|
3
|
2,032,956
|
2
|
s06
|
INVENTORIES
|
5,217,502
|
4
|
4,022,886
|
4
|
s07
|
OTHER
CURRENT ASSETS
|
1,407,201
|
1
|
896,194
|
1
|
s08
|
LONG-TERM
ASSETS
|
3,578,281
|
3
|
8,424,397
|
9
|
s09
|
ACCOUNTS
AND NOTES RECEIVABLE (NET)
|
0
|
0
|
0
|
0
|
s10
|
INVESTMENT
IN SHARES OF NON-CONSOLIDATED
|
||||
SUBSIDIARIES
AND ASSOCIATES
|
2,024,650
|
2
|
6,579,734
|
7
|
|
s11
|
OTHER
INVESTMENTS
|
1,553,631
|
1
|
1,844,663
|
2
|
s12
|
PROPERTY,
PLANT AND EQUIPMENT (NET)
|
30,545,434
|
25
|
25,748,228
|
26
|
s13
|
LAND
AND BUILDINGS
|
16,949,662
|
14
|
16,071,218
|
17
|
s14
|
MACHINERY
AND INDUSTRIAL EQUIPMENT
|
36,467,043
|
30
|
28,322,779
|
29
|
s15
|
OTHER
EQUIPMENT
|
4,991,963
|
4
|
4,327,935
|
4
|
s16
|
ACCUMULATED
DEPRECIATION
|
29,396,501
|
24
|
23,718,895
|
24
|
s17
|
CONSTRUCTION
IN PROGRESS
|
1,533,267
|
1
|
745,191
|
1
|
s18
|
INTANGIBLE
ASSETS AND DEFERRED CHARGES (NET)
|
11,461,596
|
9
|
7,345,626
|
8
|
s19
|
OTHER
ASSETS
|
9,267,461
|
8
|
5,585,567
|
6
|
s20
|
TOTAL
LIABILITIES
|
74,191,371
|
100
|
55,903,284
|
100
|
s21
|
CURRENT
LIABILITIES
|
11,867,095
|
16
|
8,783,357
|
16
|
s22
|
SUPPLIERS
|
6,839,111
|
9
|
5,283,198
|
9
|
s23
|
BANK
LOANS
|
1,214,173
|
2
|
248,933
|
0
|
s24
|
STOCK
MARKET LOANS
|
0
|
0
|
0
|
-
|
s103
|
OTHER
LOANS WITH COST
|
146,488
|
0
|
97,994
|
0
|
s25
|
TAXES
PAYABLE
|
602,639
|
1
|
524,296
|
1
|
s26
|
OTHER
CURRENT LIABILITIES WITHOUT COST
|
3,064,684
|
4
|
2,628,936
|
5
|
s27
|
LONG-TERM
LIABILITIES
|
38,488,615
|
52
|
25,085,634
|
45
|
s28
|
BANK
LOANS
|
9,451,575
|
13
|
9,134,528
|
16
|
s29
|
STOCK
MARKET LOANS
|
27,872,400
|
38
|
14,967,661
|
27
|
s30
|
OTHER
LOANS WITH COST
|
1,164,640
|
2
|
983,445
|
2
|
s31
|
DEFERRED
LIABILITIES
|
17,043,287
|
23
|
18,239,466
|
33
|
s32
|
OTHER
NON-CURRENT LIABILITIES WITHOUT COST
|
6,792,374
|
9
|
3,794,827
|
7
|
s33
|
STOCKHOLDERS'
EQUITY
|
47,952,830
|
100
|
41,360,467
|
100
|
s34
|
MINORITY
INTEREST
|
5,078,816
|
11
|
3,694,098
|
9
|
s35
|
MAJORITY
INTEREST
|
42,874,014
|
89
|
37,666,369
|
91
|
s36
|
CONTRIBUTED
CAPITAL
|
14,608,894
|
30
|
14,815,514
|
36
|
s79
|
CAPITAL
STOCK
|
10,060,950
|
21
|
10,267,570
|
25
|
s39
|
PREMIUM
ON ISSUANCE OF SHARES
|
4,547,944
|
9
|
4,547,944
|
11
|
s40
|
CONTRIBUTIONS
FOR FUTURE CAPITAL INCREASES
|
0
|
0
|
0
|
0
|
s41
|
EARNED
CAPITAL
|
28,265,120
|
59
|
22,850,855
|
55
|
s42
|
RETAINED
EARNINGS AND CAPITAL RESERVES
|
33,051,356
|
69
|
30,828,226
|
75
|
s44
|
OTHER
ACCUMULATED COMPREHENSIVE RESULT
|
355,901
|
1
|
220,632
|
1
|
s80
|
SHARES
REPURCHASED
|
(5,142,137)
|
(11)
|
(8,198,003)
|
(20)
|
BALANCE
SHEETS
|
|||||
BREAKDOWN
OF MAIN CONCEPTS
|
CONSOLIDATED
|
||||
(Thousands
of Mexican Pesos)
|
|
Final
Printing
|
||||
REF
|
|||||
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
|||
S
|
Amount
|
%
|
Amount
|
%
|
|
s03
|
CASH
AND SHORT-TERM INVESTMENTS
|
42,632,970
|
100
|
30,572,128
|
100
|
s46
|
CASH
|
33,313,529
|
78
|
727,830
|
2
|
s47
|
SHORT-TERM
INVESTMENTS
|
9,319,441
|
22
|
29,844,298
|
98
|
s07
|
OTHER
CURRENT ASSETS
|
1,407,201
|
100
|
896,194
|
100
|
s81
|
DERIVATIVE
FINANCIAL INSTRUMENTS
|
10,028
|
1
|
0
|
0
|
s82
|
DISCONTINUED
OPERATIONS
|
0
|
0
|
0
|
0
|
s83
|
OTHER
|
1,397,173
|
99
|
896,194
|
100
|
s18
|
INTANGIBLE
ASSETS AND DEFERRED CHARGES (NET)
|
11,461,596
|
100
|
7,345,626
|
100
|
s48
|
DEFERRED
EXPENSES (NET)
|
5,123,136
|
45
|
3,338,890
|
45
|
s49
|
GOODWILL
|
6,338,460
|
55
|
4,006,736
|
55
|
s51
|
OTHER
|
0
|
0
|
0
|
0
|
s19
|
OTHER
ASSETS
|
9,267,461
|
100
|
5,585,567
|
100
|
s85
|
DERIVATIVE
FINANCIAL INSTRUMENTS
|
2,309,372
|
25
|
0
|
0
|
s50
|
DEFERRED
TAXES
|
0
|
0
|
0
|
0
|
s104
|
BENEFITS
TO EMPLOYEES
|
0
|
0
|
0
|
0
|
s86
|
DISCONTINUED
OPERATIONS
|
0
|
0
|
0
|
0
|
s87
|
OTHER
|
6,958,089
|
75
|
5,585,567
|
100
|
s21
|
CURRENT
LIABILITIES
|
11,867,095
|
100
|
8,783,357
|
100
|
s52
|
FOREIGN
CURRENCY LIABILITIES
|
5,669,910
|
48
|
3,286,745
|
37
|
s53
|
MEXICAN
PESOS LIABILITIES
|
6,197,185
|
52
|
5,496,612
|
63
|
s26
|
OTHER
CURRENT LIABILITIES WITHOUT COST
|
3,064,684
|
100
|
2,628,936
|
100
|
s88
|
DERIVATIVE
FINANCIAL INSTRUMENTS
|
-
|
-
|
245,748
|
9
|
s89
|
ACCRUED
INTEREST
|
463,876
|
15
|
212,056
|
8
|
s68
|
PROVISIONS
|
0
|
0
|
0
|
0
|
s90
|
DISCONTINUED
OPERATIONS
|
0
|
0
|
0
|
0
|
s58
|
OTHER
CURRENT LIABILITIES
|
2,283,246
|
75
|
1,915,229
|
73
|
s105
|
BENEFITS
TO EMPLOYEES
|
317,562
|
10
|
255,903
|
10
|
s27
|
LONG-TERM
LIABILITIES
|
38,488,615
|
100
|
25,085,634
|
100
|
s59
|
FOREIGN
CURRENCY LIABILITIES
|
28,488,615
|
74
|
13,923,174
|
56
|
s60
|
MEXICAN
PESOS LIABILITIES
|
10,000,000
|
26
|
11,162,460
|
44
|
s31
|
DEFERRED
LIABILITIES
|
17,043,287
|
100
|
18,239,466
|
100
|
s65
|
NEGATIVE
GOODWILL
|
0
|
0
|
0
|
0
|
s67
|
OTHER
|
17,043,287
|
100
|
18,239,466
|
100
|
s32
|
OTHER
NON-CURRENT LIABILITIES WITHOUT COST
|
6,792,374
|
100
|
3,794,827
|
100
|
s66
|
DEFERRED
TAXES
|
2,364,630
|
35
|
602,577
|
16
|
s91
|
OTHER
LIABILITIES IN RESPECT OF SOCIAL INSURANCE
|
371,085
|
5
|
271,400
|
7
|
s92
|
DISCONTINUED
OPERATIONS
|
0
|
0
|
0
|
0
|
s69
|
OTHER
LIABILITIES
|
4,056,659
|
60
|
2,920,850
|
77
|
s79
|
CAPITAL
STOCK
|
10,060,950
|
100
|
10,267,570
|
100
|
s37
|
CAPITAL
STOCK (NOMINAL)
|
2,378,506
|
24
|
2,427,353
|
24
|
s38
|
RESTATEMENT
OF CAPITAL STOCK
|
7,682,444
|
76
|
7,840,217
|
76
|
s42
|
RETAINED
EARNINGS AND CAPITAL RESERVES
|
33,051,356
|
100
|
30,828,226
|
100
|
s93
|
LEGAL
RESERVE
|
2,135,423
|
6
|
2,135,423
|
7
|
s43
|
RESERVE
FOR REPURCHASE OF SHARES
|
0
|
0
|
1,240,869
|
4
|
s94
|
OTHER
RESERVES
|
0
|
0
|
0
|
0
|
s95
|
RETAINED
EARNINGS
|
29,937,902
|
91
|
26,398,386
|
6
|
s45
|
NET
INCOME FOR THE YEAR
|
978,031
|
3
|
1,053,548
|
3
|
s44
|
OTHER
ACCUMULATED COMPREHENSIVE RESULT
|
355,901
|
100
|
220,632
|
100
|
s70
|
ACCUMULATED
MONETARY RESULTS
|
0
|
0
|
-
|
-
|
s71
|
RESULTS
FROM HOLDING NON-MONETARY ASSETS
|
0
|
0
|
-
|
-
|
s96
|
CUMULATIVE
RESULTS FROM FOREIGN CURRENCY TRANSLATION
|
(1,077,129)
|
(303)
|
(1,299,796)
|
589
|
s97
|
CUMULATIVE
RESULTS FROM DERIVATIVE FINANCIAL INSTRUMENTS
|
(90,926)
|
(26)
|
0
|
0
|
s98
|
CUMULATIVE
EFFECTS OF DEFERRED INCOME TAXES
|
0
|
0
|
-
|
-
|
s100
|
OTHER
|
1,523,956
|
428
|
1,520,428
|
689
|
BALANCE
SHEETS
|
||
OTHER
CONCEPTS
|
CONSOLIDATED
|
|
(Thousands
of Mexican Pesos)
|
Final Printing
|
|||
REF
|
|||
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
|
S
|
Amount
|
Amount
|
|
s72
|
WORKING
CAPITAL
|
55,424,334
|
41,376,576
|
||
s73
|
PENSIONS AND
SENIORITY PREMIUMS
|
929,404
|
1,627,213
|
||
s74
|
EXECUTIVES
(*)
|
39
|
33
|
||
s75
|
EMPLOYEES
(*)
|
22,356
|
17,748
|
||
s76
|
WORKERS
(*)
|
0
|
0
|
||
s77
|
OUTSTANDING
SHARES (*)
|
329,704,570,767
|
330,168,129,096
|
||
s78
|
REPURCHASED
SHARES (*)
|
18,258,441,864
|
24,940,951,035
|
||
s101
|
RESTRICTED
CASH
|
0
|
0
|
||
s102
|
NET
DEBT OF NON-CONSOLIDATED COMPANIES
|
1,462,707
|
1,062,421
|
||
(*) THESE CONCEPTS ARE STATED IN UNITS. |
STATEMENTS
OF INCOME
|
||
FROM
JANUARY 1st TO MARCH 31, 2009 AND 2008
|
CONSOLIDATED
|
|
(Thousands
of Mexican Pesos)
|
Final Printing | |||||
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
R
|
Amount
|
%
|
Amount
|
%
|
|
r01
|
NET
SALES
|
11,362,421
|
100
|
9,538,118
|
100
|
r02
|
COST
OF SALES
|
6,558,495
|
58
|
5,601,070
|
59
|
r03
|
GROSS
PROFIT
|
4,803,926
|
42
|
3,937,048
|
41
|
r04
|
GENERAL
EXPENSES
|
2,074,468
|
18
|
1,552,529
|
16
|
r05
|
INCOME
(LOSS) AFTER GENERAL EXPENSES
|
2,729,458
|
24
|
2,384,519
|
25
|
r08
|
OTHER
INCOME AND (EXPENSE), NET
|
(92,740)
|
0
|
(24,925)
|
(0)
|
r06
|
INTEGRAL
RESULT OF FINANCING
|
(711,546)
|
(6)
|
(527,994)
|
(6)
|
r12
|
EQUITY IN
NET INCOME OF NON-CONSOLIDATED
|
||||
SUBSIDIARIES
AND ASSOCIATES
|
(312,890)
|
(3)
|
(185,261)
|
(2)
|
|
r48
|
NON-ORDINARY
ITEMS
|
0
|
0
|
0
|
0
|
r09
|
INCOME
BEFORE INCOME TAXES
|
1,612,282
|
15
|
1,646,339
|
17
|
r10
|
INCOME
TAXES
|
510,200
|
4
|
476,216
|
5
|
r11
|
INCOME
(LOSS) BEFORE DISCONTINUED OPERATIONS
|
1,102,082
|
11
|
1,170,123
|
12
|
r14
|
DISCONTINUED
OPERATIONS
|
0
|
0
|
0
|
0
|
r18
|
NET
CONSOLIDATED INCOME
|
1,102,082
|
11
|
1,170,123
|
12
|
r19
|
NET
INCOME OF MINORITY INTEREST
|
124,051
|
1
|
116,575
|
1
|
r20
|
NET
INCOME OF MAJORITY INTEREST
|
978,031
|
9
|
1,053,548
|
11
|
STATEMENTS
OF INCOME
|
||
BREAKDOWN
OF MAIN CONCEPTS
|
CONSOLIDATED
|
|
(Thousands
of Mexican Pesos)
|
|
Final
Printing
|
||||
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
R
|
Amount
|
%
|
Amount
|
%
|
|
r01
|
NET
SALES
|
11,362,421
|
100
|
9,538,118
|
100
|
r21
|
DOMESTIC
|
9,412,288
|
83
|
8,038,383
|
84
|
r22
|
FOREIGN
|
1,950,133
|
17
|
1,499,735
|
16
|
r23
|
TRANSLATED
INTO DOLLARS (***)
|
137,392
|
1
|
140,866
|
1
|
r08
|
OTHER
INCOME AND (EXPENSE), NET
|
(92,740)
|
100
|
(24,925)
|
100
|
r49
|
OTHER
INCOME AND (EXPENSE), NET
|
(90,963)
|
98
|
(24,740)
|
99
|
r34
|
EMPLOYEES'
PROFIT SHARING, CURRENT
|
3,219
|
(3)
|
185
|
0
|
r35
|
EMPLOYEES'
PROFIT SHARING, DEFERRED
|
(1,442)
|
2
|
0
|
0
|
r06
|
INTEGRAL
RESULT OF FINANCING
|
(711,546)
|
100
|
(527,994)
|
100
|
r24
|
INTEREST
EXPENSE
|
858,439
|
(121)
|
649,167
|
(123)
|
r42
|
GAIN
(LOSS) ON RESTATEMENT OF UDI'S
|
0
|
0
|
0
|
0
|
r45
|
OTHER
FINANCE COSTS
|
0
|
0
|
0
|
0
|
r26
|
INTEREST
INCOME
|
346,063
|
(49)
|
423,186
|
(80)
|
r46
|
OTHER
FINANCIAL PRODUCTS
|
0
|
0
|
0
|
0
|
r25
|
FOREIGN
EXCHANGE GAIN (LOSS), NET
|
(199,170)
|
28
|
(302,013)
|
57
|
r28
|
RESULTS
FROM MONETARY POSITION
|
0
|
0
|
0
|
0
|
r10
|
INCOME
TAXES
|
510,200
|
100
|
476,216
|
100
|
r32
|
INCOME
TAX, CURRENT
|
376,586
|
74
|
1,118,262
|
235
|
r33
|
INCOME
TAX, DEFERRED
|
133,614
|
26
|
(642,046)
|
(135)
|
(***) FIGURES IN THOUSANDS OF U.S. DOLLARS AT THE EXCHANGE RATE AS OF THE END OF THE LAST REPORTED QUARTER. |
STATEMENTS
OF INCOME
|
|||
OTHER
CONCEPTS
|
CONSOLIDATED
|
||
(Thousands
of Mexican Pesos)
|
Final
Printing
|
|||
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
R
|
Amount
|
Amount
|
|
r36
|
TOTAL
SALES
|
13,817,607
|
10,292,966
|
r37
|
TAX
RESULT FOR THE YEAR
|
1,244,399
|
6,024,704
|
r38
|
NET
SALES (**)
|
49,796,581
|
42,644,157
|
r39
|
OPERATING
INCOME (**)
|
15,472,745
|
14,433,233
|
r40
|
NET
INCOME OF MAJORITY INTEREST (**)
|
7,728,134
|
8,382,460
|
r41
|
NET
CONSOLIDATED INCOME (**)
|
8,662,615
|
9,187,020
|
r47
|
OPERATIVE
DEPRECIATION AND AMORTIZATION
|
1,207,151
|
993,268
|
(**) RESTATED INFORMATION FOR THE LAST TWELVE MONTHS. |
QUARTERLY
STATEMENTS OF INCOME
|
||
FROM JANUARY
1 TO MARCH 31, 2009 AND 2008
|
CONSOLIDATED
|
|
(Thousands
of Mexican Pesos)
|
Final Printing | |||||
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
RT
|
Amount
|
%
|
Amount
|
%
|
|
rt01
|
NET
SALES
|
11,362,421
|
100
|
9,538,118
|
100
|
rt02
|
COST
OF SALES
|
6,558,495
|
58
|
5,601,070
|
59
|
rt03
|
GROSS
PROFIT
|
4,803,926
|
42
|
3,937,048
|
41
|
rt04
|
GENERAL
EXPENSES
|
2,074,468
|
18
|
1,552,529
|
16
|
rt05
|
INCOME
(LOSS) AFTER GENERAL EXPENSES
|
2,729,458
|
24
|
2,384,519
|
25
|
rt08
|
OTHER
INCOME AND (EXPENSE), NET
|
(92,740)
|
0
|
(24,925)
|
(0)
|
rt06
|
INTEGRAL
RESULT OF FINANCING
|
(711,546)
|
(6)
|
(527,994)
|
(6)
|
rt12
|
EQUITY IN
NET INCOME OF NON-CONSOLIDATED
|
||||
SUBSIDIARIES
AND ASSOCIATES
|
(312,890)
|
(3)
|
(185,261)
|
(2)
|
|
rt48
|
NON-ORDINARY
ITEMS
|
0
|
0
|
0
|
0
|
rt09
|
INCOME
BEFORE INCOME TAXES
|
1,612,282
|
14
|
1,646,339
|
17
|
rt10
|
INCOME
TAXES
|
510,200
|
4
|
476,216
|
5
|
rt11
|
INCOME
(LOSS) BEFORE DISCONTINUED OPERATIONS
|
1,102,082
|
10
|
1,170,123
|
12
|
rt14
|
DISCONTINUED
OPERATIONS
|
0
|
0
|
0
|
0
|
rt18
|
NET
CONSOLIDATED INCOME
|
1,102,082
|
10
|
1,170,123
|
12
|
rt19
|
NET
INCOME OF MINORITY INTEREST
|
124,051
|
1
|
116,575
|
1
|
rt20
|
NET
INCOME OF MAJORITY INTEREST
|
978,031
|
8
|
1,053,548
|
11
|
QUARTERLY STATEMENTS
OF INCOME
|
|||||
BREAKDOWN
OF MAIN CONCEPTS
|
|
CONSOLIDATED
|
|||
(Thousands
of Mexican Pesos)
|
Final
Printing
|
|||||
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
RT
|
Amount
|
%
|
Amount
|
%
|
|
rt01
|
NET
SALES
|
11,362,421
|
100
|
9,538,118
|
100
|
rt21
|
DOMESTIC
|
9,412,288
|
83
|
8,038,383
|
84
|
rt22
|
FOREIGN
|
1,950,133
|
17
|
1,499,735
|
16
|
rt23
|
TRANSLATED
INTO DOLLARS (***)
|
137,392
|
1
|
140,866
|
1
|
rt08
|
OTHER
INCOME AND (EXPENSE), NET
|
(92,740)
|
100
|
(24,925)
|
100
|
rt49
|
OTHER
INCOME AND (EXPENSE), NET
|
(90,963)
|
98
|
(24,740)
|
99
|
rt34
|
EMPLOYEES'
PROFIT SHARING, CURRENT
|
3,219
|
(3)
|
185
|
0
|
rt35
|
EMPLOYEES'
PROFIT SHARING, DEFERRED
|
(1,442)
|
2
|
0
|
0
|
rt06
|
INTEGRAL
RESULTS OF FINANCING
|
(711,546)
|
100
|
(527,994)
|
100
|
rt24
|
INTEREST
EXPENSE
|
858,439
|
(121)
|
649,167
|
(123)
|
rt42
|
GAIN
(LOSS) ON RESTATEMENT OF UDI'S
|
0
|
0
|
0
|
0
|
rt45
|
OTHER
FINANCE COSTS
|
0
|
0
|
0
|
0
|
rt26
|
INTEREST
INCOME
|
346,063
|
(49)
|
423,186
|
(80)
|
rt46
|
OTHER
FINANCIAL PRODUCTS
|
0
|
0
|
0
|
0
|
rt25
|
FOREIGN
EXCHANGE GAIN (LOSS), NET
|
(199,170)
|
28
|
(302,013)
|
57
|
rt28
|
RESULTS
FROM MONETARY POSITION
|
0
|
0
|
-
|
0
|
rt10
|
INCOME
TAXES
|
510,200
|
100
|
476,216
|
100
|
rt32
|
INCOME
TAX, CURRENT
|
376,586
|
74
|
1,118,262
|
235
|
rt33
|
INCOME
TAX, DEFERRED
|
133,614
|
26
|
(642,046)
|
(135)
|
(***) FIGURES IN THOUSANDS OF U.S. DOLLARS AT THE EXCHANGE RATE AS OF THE END OF THE LAST REPORTED QUARTER. |
QUARTERLY
STATEMENTS OF INCOME
|
|||
OTHER
CONCEPTS
|
CONSOLIDATED
|
||
(Thousands
of Mexican Pesos)
|
Final
Printing
|
|||
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
RT
|
Amount
|
Amount
|
|
rt47
|
OPERATIVE
DEPRECIATION AND AMORTIZATION
|
1,207,150
|
993,268
|
STATEMENTS
OF CASH FLOWS (INDIRECT METHOD)
|
|||||
MAIN
CONCEPTS
|
Final
Printing
|
||||
(Thousands
of Mexican Pesos)
|
CONSOLIDATED
|
|||||
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
E
|
Amount
|
Amount
|
|||
OPERATING ACTIVITIES | |||||
e01
|
INCOME
(LOSS) BEFORE INCOME TAXES
|
1,612,282
|
1,646,339
|
||
e02
|
+
(-) ITEMS NOT REQUIRING CASH
|
176,679
|
7,929
|
||
e03
|
+
(-) ITEMS RELATED TO INVESTING ACTIVITIES
|
1,536,045
|
1,190,944
|
||
e04
|
+
(-) ITEMS RELATED TO FINANCING ACTIVITIES
|
1,340,800
|
594,641
|
||
e05
|
CASH
FLOW BEFORE INCOME TAX
|
4,665,806
|
3,439,853
|
||
e06
|
CASH
FLOWS PROVIDED OR USED IN OPERATION
|
(447,691)
|
2,052,666
|
||
e07
|
NET
CASH FLOWS PROVIDED BY OPERATING ACTIVITIES
|
4,218,115
|
5,492,519
|
||
INVESTING
ACTIVITIES
|
|||||
e08
|
NET
CASH FLOWS FROM INVESTING ACTIVITIES
|
(4,052,389)
|
(2,266,022)
|
||
e09
|
CASH
IN EXCESS (REQUIRED) FOR FINANCING ACTIVITIES
|
165,726
|
3,226,497
|
||
FINANCING
ACTIVITIES
|
|||||
e10
|
NET
CASH FLOWS FROM FINANCING ACTIVITIES
|
(1,933,563)
|
(1,575,856)
|
||
e11
|
NET
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS
|
(1,767,837)
|
1,650,641
|
||
e12
|
TRANSLATION
DIFFERENCES IN CASH AND CASH EQUIVALENTS
|
(24,694)
|
(1,335)
|
||
e13
|
CASH
AND CASH EQUIVALENTS AT BEGINING OF PERIOD
|
35,106,060
|
19,720,376
|
||
e14
|
CASH
AND CASH EQUIVALENTS AT END OF PERIOD
|
33,313,529
|
21,369,682
|
STATEMENTS
OF CASH FLOWS (INDIRECT METHOD)
|
|||||
ANALYSIS
OF MAIN CONCEPTS
|
Final
Printing
|
||||
(Thousands
of Mexican Pesos)
|
CONSOLIDATED
|
|||||
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
E
|
Amount
|
Amount
|
|||
e02
|
+
(-) ITEMS NOT REQUIRING CASH
|
176,679 | 7,929 | ||||||||
e15
|
+
ESTIMATES FOR THE PERIOD
|
178,140 | 59,351 | ||||||||
e16
|
+
PROVISIONS FOR THE PERIOD
|
- | - | ||||||||
e17 |
+
(-) OTHER UNREALIZED ITEMS
|
(1,461 | ) | (51,422 | ) | ||||||
e03 |
+
(-) ITEMS RELATED TO INVESTING ACTIVITIES
|
1,536,045 | 1,190,944 | ||||||||
e18 |
+
DEPRECIATION AND AMORTIZATION FOR THE PERIOD *
|
1,207,150 | 993,268 | ||||||||
e19 |
(-)
+ GAIN OR LOSS ON SALE OF PROPERTY, PLANT AND
|
||||||||||
EQUIPMENT
|
- | - | |||||||||
e20 |
+
IMPAIRMENT LOSS
|
- | - | ||||||||
e21 |
(-)
+ EQUITY IN RESULTS OF ASSOCIATES AND JOINT VENTURES
|
312,890 | 185,261 | ||||||||
e22 |
(-)
DIVIDENDS RECEIVED
|
- | - | ||||||||
e23 |
(-)
INTEREST INCOME
|
- | - | ||||||||
e24 |
(-)
+ OTHER ITEMS
|
16,005 | 12,415 | ||||||||
e04 |
+
(-) ITEMS RELATED TO FINANCING ACTIVITIES
|
1,340,800 | 594,641 | ||||||||
e25 |
+
ACCRUED INTEREST
|
723,654 | 649,167 | ||||||||
e26 |
+
(-) OTHER ITEMS
|
617,146 | (54,526 | ) | |||||||
e06 |
CASH
FLOWS PROVIDED OR USED IN OPERATION
|
(447,691 | ) | 2,052,666 | |||||||
e27 |
+
(-) DECREASE (INCREASE) IN ACCOUNTS RECEIVABLE
|
3,359,698 | 4,611,709 | ||||||||
e28 |
+
(-) DECREASE (INCREASE) IN INVENTORIES
|
(812,449 | ) | (323,219 | ) | ||||||
e29 |
+
(-) DECREASE (INCREASE) IN OTHER ACCOUNTS RECEIVABLE
|
(909,222 | ) | (1,267,999 | ) | ||||||
e30 |
+
(-) INCREASE (DECREASE) IN SUPPLIERS
|
476,370 | 814,706 | ||||||||
e31 |
+
(-) INCREASE (DECREASE) IN OTHER LIABILITIES
|
(1,790,755 | ) | (1,621,599 | ) | ||||||
e32 |
+
(-) INCOME TAXES PAID OR RETURNED
|
(771,333 | ) | (160,932 | ) | ||||||
e08 |
NET
CASH FLOWS FROM INVESTING ACTIVITIES
|
(4,052,389 | ) | (2,266,022 | ) | ||||||
e33 |
-
PERMANENT INVESTMENT IN SHARES
|
(89,490 | ) | (1,439,453 | ) | ||||||
e34 |
+
DISPOSITION OF PERMANENT INVESTMENT IN SHARES
|
- | - | ||||||||
e35 |
- INVESTMENT
IN PROPERTY, PLANT AND EQUIPMENT
|
(880,372 | ) | (865,864 | ) | ||||||
e36 |
+
SALE OF PROPERTY, PLANT AND EQUIPMENT
|
26,745 | 75,606 | ||||||||
e37 |
- INVESTMENT
IN INTANGIBLE ASSETS
|
(81,192 | ) | (36,311 | ) | ||||||
e38 |
+
DISPOSITION OF INTANGIBLE ASSETS
|
- | - | ||||||||
e39 |
-
OTHER PERMANENT INVESTMENTS
|
- | - | ||||||||
e40 |
+
DISPOSITION OF OTHER PERMANENT INVESTMENTS
|
- | - | ||||||||
e41 |
+
DIVIDEND RECEIVED
|
- | - | ||||||||
e42 |
+
INTEREST RECEIVED
|
- | - | ||||||||
e43 |
+
(-) DECREASE (INCREASE) ADVANCES AND LOANS TO
|
||||||||||
THIRD
PARTIES
|
- | - | |||||||||
e44 |
+
(-) OTHER ITEMS
|
(3,028,080 | ) | - | |||||||
e10 |
NET
CASH FLOWS FROM FINANCING ACTIVITIES
|
(1,933,563 | ) | (1,575,856 | ) | ||||||
e45 |
+
BANK FINANCING
|
- | - | ||||||||
e46 |
+
STOCK MARKET FINANCING
|
- | - | ||||||||
e47 |
+
OTHER FINANCING
|
- | - | ||||||||
e48 |
(-)
BANK FINANCING AMORTIZATION
|
(1,120,039 | ) | (242,166 | ) | ||||||
e49 |
(-)
STOCK MARKET FINANCING AMORTIZATION
|
- | - | ||||||||
e50 |
(-)
OTHER FINANCING AMORTIZATION
|
(33,226 | ) | (51,391 | ) | ||||||
e51 |
+
(-) INCREASE (DECREASE) IN CAPITAL STOCK
|
- | - | ||||||||
e52 |
(-)
DIVIDENDS PAID
|
- | - | ||||||||
e53 |
+
PREMIUM ON ISSUANCE OF SHARES
|
- | - | ||||||||
e54 |
+
CONTRIBUTIONS FOR FUTURE CAPITAL INCREASES
|
- | - | ||||||||
e55 |
-
INTEREST EXPENSE
|
(699,555 | ) | (744,925 | ) | ||||||
e56 |
-
REPURCHASE OF SHARES
|
- | (503,710 | ) | |||||||
e57 |
+
(-) OTHER ITEMS
|
(80,743 | ) | (33,664 | ) | ||||||
* IN CASE THAT THIS AMOUNT IS DIFFERENT FROM THE R47 ACCOUNT IT WILL HAVE TO EXPLAIN IN NOTES. |
RATIOS
|
|||||
CONSOLIDATED
|
|||||
Final
Printing
|
|||||
REF
|
|||||
CONCEPTS
|
CURRENT
YEAR PREVIOUS
YEAR
|
||||
P
|
YIELD
|
|||||
p01
|
NET
INCOME TO NET SALES
|
9.70
|
%
|
12.27
|
%
|
p02
|
NET
INCOME TO STOCKHOLDERS' EQUITY (**)
|
18.06
|
%
|
22.21
|
%
|
p03
|
NET
INCOME TO TOTAL ASSETS (**)
|
7.09
|
%
|
9.45
|
%
|
p04
|
CASH
DIVIDENDS TO PREVIOUS YEAR NET INCOME
|
0.00
|
%
|
0.00
|
%
|
p05
|
RESULTS
FROM MONETARY POSITION TO NET INCOME
|
0.00
|
%
|
0.00
|
%
|
ACTIVITY
|
|||||
p06
|
NET
SALES TO NET ASSETS (**)
|
0.41
|
times
|
0.44
|
times
|
p07
|
NET
SALES TO FIXED ASSETS (**)
|
1.63
|
times
|
1.66
|
times
|
p08
|
INVENTORIES
TURNOVER (**)
|
5.01
|
times
|
5.40
|
times
|
p09
|
ACCOUNTS
RECEIVABLE IN DAYS OF SALES
|
101
|
days
|
104
|
days
|
p10
|
PAID
INTEREST TO TOTAL LIABILITIES WITH COST (**)
|
7.59
|
%
|
9.23
|
%
|
LEVERAGE
|
|||||
p11
|
TOTAL
LIABILITIES TO TOTAL ASSETS
|
60.74
|
%
|
57.48
|
%
|
p12
|
TOTAL
LIABILITIES TO STOCKHOLDERS' EQUITY
|
1.55
|
times
|
1.35
|
times
|
p13
|
FOREIGN
CURRENCY LIABILITIES TO TOTAL LIABILITIES
|
46.04
|
%
|
30.79
|
%
|
p14
|
LONG-TERM
LIABILITIES TO FIXED ASSETS
|
126.00
|
%
|
97.43
|
%
|
p15
|
OPERATING
INCOME TO INTEREST PAID
|
3.18
|
times
|
3.67
|
times
|
p16
|
NET
SALES TO TOTAL LIABILITIES (**)
|
0.67
|
times
|
0.76
|
times
|
LIQUIDITY
|
|||||
p17
|
CURRENT
ASSETS TO CURRENT LIABILITIES
|
5.67
|
times
|
5.71
|
times
|
p18
|
CURRENT
ASSETS LESS INVENTORY TO CURRENT
|
||||
LIABILITIES
|
5.23
|
times
|
5.25
|
times
|
|
p19
|
CURRENT
ASSETS TO TOTAL LIABILITIES
|
0.91
|
times
|
0.90
|
times
|
p20
|
AVAILABLE
ASSETS TO CURRENT LIABILITIES
|
359.25
|
%
|
348.07
|
%
|
(**) FOR THESE RATIOS, THE DATA TAKE INTO CONSIDERATION THE LAST TWELVE MONTHS. | |||||
DATA
PER SHARE
|
|||||||
CONSOLIDATED
|
|||||||
Final
Printing
|
|||||||
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||||
D
|
Amount
|
Amount
|
d01
|
BASIC
PROFIT PER ORDINARY SHARE (**)
|
$
|
0.01
|
$
|
0.01
|
||
d02
|
BASIC
PROFIT PER PREFERRED SHARE (**)
|
$
|
0
|
$
|
0
|
||
d03
|
DILUTED
PROFIT PER ORDINARY SHARE (**)
|
$
|
0
|
$
|
0
|
||
d04
|
EARNINGS
(LOSS) BEFORE DISCONTINUED OPERATIONS
|
||||||
PER
COMMON SHARE (**)
|
$
|
0.01
|
$
|
0.01
|
|||
d05
|
DISCONTINUED
OPERATION EFFECT ON EARNING (LOSS)
|
||||||
PER
SHARE (**)
|
$
|
0
|
$
|
0
|
|||
d08
|
CARRYING
VALUE PER SHARE
|
$
|
0.13
|
$
|
0.11
|
||
d09
|
CASH
DIVIDEND ACCUMULATED PER SHARE
|
$
|
0.00
|
$
|
0.00
|
||
d10
|
DIVIDEND
IN SHARES PER SHARE
|
0
|
shares
|
0
|
shares
|
||
d11
|
MARKET
PRICE TO CARRYING VALUE
|
2.51
|
times
|
3.88
|
times
|
||
d12
|
MARKET
PRICE TO BASIC PROFIT PER ORDINARY SHARE (**)
|
110.27
|
times
|
139.08
|
times
|
||