|
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: 04
|
YEAR: 2008
|
| GRUPO TELEVISA, S.A.B. | ||
|
BALANCE
SHEETS
|
||
|
AS
OF DECEMBER 31, 2008 AND 2007
|
CONSOLIDATED | |
|
(Thousands
of Mexican Pesos)
|
||
| AUDITED INFORMATION | Final Printing |
|
REF
|
|||||
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
|||
|
S
|
Amount
|
%
|
Amount
|
%
|
|
|
s01
|
TOTAL
ASSETS
|
122,851,805
|
100
|
98,703,476
|
100
|
|
s02
|
CURRENT
ASSETS
|
68,558,937
|
56
|
51,973,333
|
53
|
|
s03
|
CASH
AND SHORT-TERM INVESTMENTS
|
41,904,331
|
34
|
27,304,896
|
28
|
|
s04
|
ACCOUNTS
AND NOTES RECEIVABLE (NET)
|
18,199,880
|
15
|
17,294,674
|
18
|
|
s05
|
OTHER
ACCOUNTS AND NOTES RECEIVABLE (NET)
|
2,346,795
|
2
|
2,728,917
|
3
|
|
s06
|
INVENTORIES
|
4,955,472
|
4
|
3,988,677
|
4
|
|
s07
|
OTHER
CURRENT ASSETS
|
1,152,459
|
1
|
656,169
|
1
|
|
s08
|
LONG-TERM
ASSETS
|
3,348,610
|
3
|
8,115,584
|
8
|
|
s09
|
ACCOUNTS
AND NOTES RECEIVABLE (NET)
|
0
|
0
|
0
|
0
|
|
s10
|
INVESTMENT
IN SHARES OF NON-CONSOLIDATED
|
||||
|
SUBSIDIARIES
AND ASSOCIATES
|
2,298,977
|
2
|
5,555,214
|
6
|
|
|
s11
|
OTHER
INVESTMENTS
|
1,049,633
|
1
|
2,560,370
|
3
|
|
s12
|
PROPERTY,
PLANT AND EQUIPMENT (NET)
|
30,798,398
|
25
|
25,853,925
|
26
|
|
s13
|
LAND
AND BUILDINGS
|
17,214,435
|
14
|
15,947,946
|
16
|
|
s14
|
MACHINERY
AND INDUSTRIAL EQUIPMENT
|
36,083,262
|
29
|
28,120,276
|
28
|
|
s15
|
OTHER
EQUIPMENT
|
4,987,266
|
4
|
4,246,509
|
4
|
|
s16
|
ACCUMULATED
DEPRECIATION
|
28,551,534
|
23
|
22,888,858
|
23
|
|
s17
|
CONSTRUCTION
IN PROGRESS
|
1,064,969
|
1
|
428,052
|
0
|
|
s18
|
INTANGIBLE
ASSETS AND DEFERRED CHARGES (NET)
|
11,433,783
|
9
|
7,416,073
|
8
|
|
s19
|
OTHER
ASSETS
|
8,712,077
|
7
|
5,344,561
|
5
|
|
s20
|
TOTAL
LIABILITIES
|
75,600,129
|
100
|
58,053,176
|
100
|
|
s21
|
CURRENT
LIABILITIES
|
12,611,688
|
17
|
8,252,880
|
14
|
|
s22
|
SUPPLIERS
|
6,337,436
|
8
|
4,457,519
|
8
|
|
s23
|
BANK
LOANS
|
2,283,175
|
3
|
488,650
|
1
|
|
s24
|
STOCK
MARKET LOANS
|
0
|
0
|
0
|
0
|
|
s103
|
OTHER
LOANS WITH COST
|
138,806
|
0
|
97,696
|
0
|
|
s25
|
TAXES
PAYABLE
|
830,073
|
1
|
684,497
|
1
|
|
s26
|
OTHER
CURRENT LIABILITIES WITHOUT COST
|
3,022,198
|
4
|
2,524,518
|
4
|
|
s27
|
LONG-TERM
LIABILITIES
|
37,852,746
|
50
|
25,468,521
|
44
|
|
s28
|
BANK
LOANS
|
9,390,239
|
12
|
9,194,658
|
16
|
|
s29
|
STOCK
MARKET LOANS
|
27,289,650
|
36
|
15,238,729
|
26
|
|
s30
|
OTHER
LOANS WITH COST
|
1,172,857
|
2
|
1,035,134
|
2
|
|
s31
|
DEFERRED
LIABILITIES
|
18,688,012
|
25
|
19,810,238
|
34
|
|
s32
|
OTHER
NON-CURRENT LIABILITIES WITHOUT COST
|
6,447,683
|
9
|
4,521,537
|
8
|
|
s33
|
STOCKHOLDERS'
EQUITY
|
47,251,676
|
100
|
40,650,300
|
100
|
|
s34
|
MINORITY
INTEREST
|
5,232,834
|
11
|
3,611,187
|
9
|
|
s35
|
MAJORITY
INTEREST
|
42,018,842
|
89
|
37,039,113
|
91
|
|
s36
|
CONTRIBUTED
CAPITAL
|
14,608,894
|
31
|
14,815,514
|
36
|
|
s79
|
CAPITAL
STOCK
|
10,060,950
|
21
|
10,267,570
|
25
|
|
s39
|
PREMIUM
ON ISSUANCE OF SHARES
|
4,547,944
|
10
|
4,547,944
|
11
|
|
s40
|
CONTRIBUTIONS
FOR FUTURE CAPITAL INCREASES
|
0
|
0
|
0
|
0
|
|
s41
|
EARNED
CAPITAL
|
27,409,948
|
58
|
22,223,599
|
55
|
|
s42
|
RETAINED
EARNINGS AND CAPITAL RESERVES
|
32,073,325
|
68
|
35,671,617
|
88
|
|
s44
|
OTHER
ACCUMULATED COMPREHENSIVE RESULT
|
645,050
|
1
|
(5,508,952)
|
(14)
|
|
s80
|
SHARES
REPURCHASED
|
(5,308,427)
|
(11)
|
(7,939,066)
|
(20)
|
|
BALANCE
SHEETS
|
||
|
BREAKDOWN
OF MAIN CONCEPTS
|
CONSOLIDATED | |
|
(Thousands
of Mexican Pesos)
|
||
| AUDITED INFORMATION | Final Printing |
|
REF
|
|||||
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
|||
|
S
|
Amount
|
%
|
Amount
|
%
|
|
|
s03
|
CASH
AND SHORT-TERM INVESTMENTS
|
41,904,331
|
100
|
27,304,896
|
100
|
|
s46
|
CASH
|
35,106,060
|
84
|
25,479,541
|
93
|
|
s47
|
SHORT-TERM
INVESTMENTS
|
6,798,271
|
16
|
1,825,355
|
7
|
|
s07
|
OTHER
CURRENT ASSETS
|
1,152,459
|
100
|
656,169
|
100
|
|
s81
|
DERIVATIVE
FINANCIAL INSTRUMENTS
|
46,588
|
4
|
2,909
|
0
|
|
s82
|
DISCONTINUED
OPERATIONS
|
0
|
0
|
0
|
0
|
|
s83
|
OTHER
|
1,105,871
|
96
|
653,260
|
100
|
|
s18
|
INTANGIBLE
ASSETS AND DEFERRED CHARGES (NET)
|
11,433,783
|
100
|
7,416,073
|
100
|
|
s48
|
DEFERRED
EXPENSES (NET)
|
5,145,125
|
45
|
3,437,796
|
46
|
|
s49
|
GOODWILL
|
6,288,658
|
55
|
3,978,277
|
54
|
|
s51
|
OTHER
|
0
|
0
|
0
|
0
|
|
s19
|
OTHER
ASSETS
|
8,712,077
|
100
|
5,344,561
|
100
|
|
s85
|
DERIVATIVE
FINANCIAL INSTRUMENTS
|
2,316,560
|
27
|
53,527
|
1
|
|
s50
|
DEFERRED
TAXES
|
0
|
0
|
0
|
0
|
|
s104
|
BENEFITS
TO EMPLOYEES
|
0
|
0
|
0
|
0
|
|
s86
|
DISCONTINUED
OPERATIONS
|
0
|
0
|
0
|
0
|
|
s87
|
OTHER
|
6,395,517
|
73
|
5,291,034
|
99
|
|
s21
|
CURRENT
LIABILITIES
|
12,611,688
|
100
|
8,252,880
|
100
|
|
s52
|
FOREIGN
CURRENCY LIABILITIES
|
5,984,666
|
47
|
3,293,775
|
40
|
|
s53
|
MEXICAN
PESOS LIABILITIES
|
6,627,022
|
53
|
4,959,105
|
60
|
|
s26
|
OTHER
CURRENT LIABILITIES WITHOUT COST
|
3,022,198
|
100
|
2,524,518
|
100
|
|
s88
|
DERIVATIVE
FINANCIAL INSTRUMENTS
|
0
|
0
|
191,073
|
8
|
|
s89
|
ACCRUED
INTEREST
|
439,777
|
15
|
307,814
|
12
|
|
s68
|
PROVISIONS
|
0
|
0
|
0
|
0
|
|
s90
|
DISCONTINUED
OPERATIONS
|
0
|
0
|
0
|
0
|
|
s58
|
OTHER
CURRENT LIABILITIES
|
2,382,428
|
79
|
1,770,057
|
70
|
|
s105
|
BENEFITS
TO EMPLOYEES
|
199,993
|
7
|
255,574
|
10
|
|
s27
|
LONG-TERM
LIABILITIES
|
37,852,746
|
100
|
25,468,521
|
100
|
|
s59
|
FOREIGN
CURRENCY LIABILITIES
|
27,852,746
|
74
|
14,306,061
|
56
|
|
s60
|
MEXICAN
PESOS LIABILITIES
|
10,000,000
|
26
|
11,162,460
|
44
|
|
s31
|
DEFERRED
LIABILITIES
|
18,688,012
|
100
|
19,810,238
|
100
|
|
s65
|
NEGATIVE
GOODWILL
|
0
|
0
|
0
|
0
|
|
s67
|
OTHER
|
18,688,012
|
100
|
19,810,238
|
100
|
|
s32
|
OTHER
NON-CURRENT LIABILITIES WITHOUT COST
|
6,447,683
|
100
|
4,521,537
|
100
|
|
s66
|
DEFERRED
TAXES
|
2,265,161
|
35
|
1,272,834
|
28
|
|
s91
|
OTHER
LIABILITIES IN RESPECT OF SOCIAL INSURANCE
|
352,390
|
5
|
314,921
|
7
|
|
s92
|
DISCONTINUED
OPERATIONS
|
0
|
0
|
0
|
0
|
|
s69
|
OTHER
LIABILITIES
|
3,830,132
|
59
|
2,933,782
|
65
|
|
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
|
32,073,325
|
100
|
35,671,617
|
100
|
|
s93
|
LEGAL
RESERVE
|
2,135,423
|
7
|
2,135,423
|
6
|
|
s43
|
RESERVE
FOR REPURCHASE OF SHARES
|
0
|
0
|
1,240,869
|
3
|
|
s94
|
OTHER
RESERVES
|
0
|
0
|
0
|
0
|
|
s95
|
RETAINED
EARNINGS
|
22,134,250
|
69
|
24,212,862
|
68
|
|
s45
|
NET
INCOME FOR THE YEAR
|
7,803,652
|
24
|
8,082,463
|
23
|
|
s44
|
OTHER
ACCUMULATED COMPREHENSIVE RESULTS
|
645,050
|
100
|
(5,508,952)
|
100
|
|
s70
|
ACCUMULATED
MONETARY RESULTS
|
0
|
0
|
(35,186)
|
1
|
|
s71
|
RESULTS
FROM HOLDING NON-MONETARY ASSETS
|
0
|
0
|
(2,637,316)
|
48
|
|
s96
|
CUMULATIVE
RESULTS FROM FOREIGN CURRENCY TRANSLATION
|
(995,855)
|
(154)
|
(1,348,579)
|
24
|
|
s97
|
CUMULATIVE
RESULTS FROM DERIVATIVE FINANCIAL INSTRUMENTS
|
1,955
|
0
|
0
|
0
|
|
s98
|
CUMULATIVE
EFFECTS OF DEFERRED INCOME TAXES
|
0
|
0
|
(3,224,437)
|
59
|
|
s100
|
OTHER
|
1,638,950
|
254
|
1,736,566
|
(32)
|
|
BALANCE
SHEETS
|
||
|
OTHER
CONCEPTS
|
CONSOLIDATED | |
|
(Thousands
of Mexican Pesos)
|
||
| AUDITED INFORMATION | Final Printing |
|
REF
|
|||
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
|
|
S
|
Amount
|
Amount
|
|
|
s72
|
WORKING
CAPITAL
|
55,947,249
|
43,720,453
|
|
s73
|
PENSIONS AND
SENIORITY PREMIUMS
|
1,403,335
|
1,628,742
|
|
s74
|
EXECUTIVES
(*)
|
40
|
33
|
|
s75
|
EMPLOYEES
(*)
|
22,488
|
17,777
|
|
s76
|
WORKERS
(*)
|
0
|
0
|
|
s77
|
OUTSTANDING
SHARES (*)
|
328,392,764,076
|
329,960,194,941
|
|
s78
|
REPURCHASED
SHARES (*)
|
19,570,248,555
|
25,148,885,190
|
|
s101
|
RESTRICTED
CASH
|
0
|
0
|
|
s102
|
NET
DEBT OF NON-CONSOLIDATED COMPANIES
|
1,391,927
|
1,002,543
|
|
STATEMENTS OF
INCOME
|
||
|
FROM
JANUARY 1 TO DECEMBER 31, 2008 AND 2007
|
CONSOLIDATED | |
|
(Thousands
of Mexican Pesos)
|
||
| AUDITED INFORMATION | Final Printing |
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
|
R
|
Amount
|
%
|
Amount
|
%
|
|
|
r01
|
NET
SALES
|
47,972,278
|
100
|
41,561,526
|
100
|
|
r02
|
COST
OF SALES
|
25,221,943
|
53
|
20,835,387
|
50
|
|
r03
|
GROSS
PROFIT
|
22,750,335
|
47
|
20,726,139
|
50
|
|
r04
|
GENERAL
EXPENSES
|
7,622,528
|
16
|
6,245,243
|
15
|
|
r05
|
INCOME
(LOSS) AFTER GENERAL EXPENSES
|
15,127,807
|
32
|
14,480,896
|
35
|
|
r08
|
OTHER
INCOME AND (EXPENSE), NET
|
(952,139)
|
(2)
|
(953,352)
|
(2)
|
|
r06
|
INTEGRAL
RESULT OF FINANCING
|
(830,882)
|
(2)
|
(410,214)
|
0
|
|
r12
|
EQUITY IN
NET INCOME OF NON-CONSOLIDATED
|
||||
|
SUBSIDIARIES
AND ASSOCIATES
|
(1,049,934)
|
(2)
|
(749,299)
|
(2)
|
|
|
r48
|
NON-ORDINARY
ITEMS
|
0
|
0
|
0
|
0
|
|
r09
|
INCOME
BEFORE INCOME TAXES
|
12,294,852
|
26
|
12,368,031
|
30
|
|
r10
|
INCOME
TAXES
|
3,564,195
|
7
|
3,349,641
|
8
|
|
r11
|
INCOME
(LOSS) BEFORE DISCONTINUED OPERATIONS
|
8,730,657
|
18
|
9,018,390
|
22
|
|
r14
|
DISCONTINUED
OPERATIONS
|
0
|
0
|
0
|
0
|
|
r18
|
NET
CONSOLIDATED INCOME
|
8,730,657
|
18
|
9,018,390
|
22
|
|
r19
|
NET
INCOME OF MINORITY INTEREST
|
927,005
|
2
|
935,927
|
2
|
|
r20
|
NET
INCOME OF MAJORITY INTEREST
|
7,803,652
|
16
|
8,082,463
|
19
|
|
STATEMENTS OF
INCOME
|
||
|
BREAKDOWN
OF MAIN CONCEPTS
|
CONSOLIDATED | |
|
(Thousands
of Mexican Pesos)
|
||
| AUDITED INFORMATION | Final Printing |
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
|
R
|
Amount
|
%
|
Amount
|
%
|
|
|
r01
|
NET
SALES
|
47,972,278
|
100
|
41,561,526
|
100
|
|
r21
|
DOMESTIC
|
41,176,318
|
86
|
36,532,710
|
88
|
|
r22
|
FOREIGN
|
6,795,960
|
14
|
5,028,816
|
12
|
|
r23
|
TRANSLATED
INTO DOLLARS (***)
|
491,038
|
1
|
460,422
|
1
|
|
r08
|
OTHER
INCOME AND (EXPENSE), NET
|
(952,139)
|
100
|
(953,352)
|
100
|
|
r49
|
OTHER
INCOME AND (EXPENSE), NET
|
(924,794)
|
97
|
(932,531)
|
98
|
|
r34
|
EMPLOYEES'
PROFIT SHARING, CURRENT
|
26,896
|
(3)
|
20,821
|
(2)
|
|
r35
|
EMPLOYEES'
PROFIT SHARING, DEFERRED
|
449
|
(0)
|
0
|
0
|
|
r06
|
INTEGRAL
RESULT OF FINANCING
|
(830,882)
|
100
|
(410,214)
|
100
|
|
r24
|
INTEREST
EXPENSE
|
2,816,369
|
(339)
|
2,163,964
|
(528)
|
|
r42
|
GAIN
(LOSS) ON RESTATEMENT OF UDI'S
|
0
|
0
|
(13,034)
|
3
|
|
r45
|
OTHER
FINANCE COSTS
|
0
|
0
|
0
|
0
|
|
r26
|
INTEREST
INCOME
|
1,299,789
|
(156)
|
1,844,653
|
(450)
|
|
r46
|
OTHER
FINANCIAL PRODUCTS
|
0
|
0
|
0
|
0
|
|
r25
|
FOREIGN
EXCHANGE GAIN (LOSS), NET
|
685,698
|
(83)
|
215,897
|
(53)
|
|
r28
|
RESULTS
FROM MONETARY POSITION
|
0
|
0
|
(293,766)
|
72
|
|
r10
|
INCOME
TAXES
|
3,564,195
|
100
|
3,349,641
|
100
|
|
r32
|
INCOME
TAX, CURRENT
|
3,146,339
|
88
|
3,707,763
|
111
|
|
r33
|
INCOME
TAX, DEFERRED
|
417,856
|
12
|
(358,122)
|
(11)
|
|
STATEMENTS OF
INCOME
|
||
|
OTHER
CONCEPTS
|
CONSOLIDATED | |
|
(Thousands
of Mexican Pesos)
|
||
| AUDITED INFORMATION | Final Printing |
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
|
R
|
Amount
|
Amount
|
|
|
r36
|
TOTAL
SALES
|
55,859,131
|
44,609,613
|
|
r37
|
TAX
RESULT FOR THE YEAR
|
8,404,771
|
10,337,030
|
|
r38
|
NET
SALES (**)
|
47,972,278
|
41,561,526
|
|
r39
|
OPERATING
INCOME (**)
|
15,127,807
|
14,480,896
|
|
r40
|
NET
INCOME OF MAJORITY INTEREST (**)
|
7,803,652
|
8,082,463
|
|
r41
|
NET
CONSOLIDATED INCOME (**)
|
8,730,657
|
9,018,390
|
|
r47
|
OPERATIVE
DEPRECIATION AND AMORTIZATION
|
4,311,115
|
3,223,070
|
|
QUARTERLY STATEMENTS OF
INCOME
|
||
|
FROM
OCTOBER 1 TO DECEMBER 31, 2008 AND 2007
|
CONSOLIDATED | |
|
(Thousands
of Mexican Pesos)
|
||
| AUDITED INFORMATION | Final Printing |
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
|
RT
|
Amount
|
%
|
Amount
|
%
|
|
|
rt01
|
NET
SALES
|
14,471,598
|
100
|
12,407,423
|
100
|
|
rt02
|
COST
OF SALES
|
7,434,177
|
51
|
6,029,402
|
49
|
|
rt03
|
GROSS
PROFIT
|
7,037,421
|
49
|
6,378,021
|
51
|
|
rt04
|
GENERAL
EXPENSES
|
2,278,559
|
16
|
1,774,586
|
14
|
|
rt05
|
INCOME
(LOSS) AFTER GENERAL EXPENSES
|
4,758,862
|
33
|
4,603,435
|
37
|
|
rt08
|
OTHER
INCOME AND (EXPENSE), NET
|
(338,067)
|
(2)
|
(123,746)
|
0
|
|
rt06
|
INTEGRAL
RESULT OF FINANCING
|
499,587
|
3
|
(311,132)
|
(3)
|
|
rt12
|
EQUITY IN
NET INCOME OF NON-CONSOLIDATED
|
||||
|
SUBSIDIARIES
AND ASSOCIATES
|
(613,154)
|
(4)
|
(226,191)
|
(2)
|
|
|
rt48
|
NON-ORDINARY
ITEMS
|
0
|
0
|
0
|
0
|
|
rt09
|
INCOME
BEFORE INCOME TAXES
|
4,307,228
|
30
|
3,942,366
|
32
|
|
rt10
|
INCOME
TAXES
|
1,347,012
|
9
|
903,380
|
7
|
|
rt11
|
INCOME
(LOSS) BEFORE DISCONTINUED OPERATIONS
|
2,960,216
|
20
|
3,038,986
|
24
|
|
rt14
|
DISCONTINUED
OPERATIONS
|
0
|
0
|
0
|
0
|
|
rt18
|
NET
CONSOLIDATED INCOME
|
2,960,216
|
20
|
3,038,986
|
24
|
|
rt19
|
NET
INCOME OF MINORITY INTEREST
|
117,859
|
1
|
204,434
|
2
|
|
rt20
|
NET
INCOME OF MAJORITY INTEREST
|
2,842,357
|
20
|
2,834,552
|
23
|
|
QUARTERLY STATEMENTS OF
INCOME
|
||
|
BREAKDOWN
OF MAIN CONCEPTS
|
CONSOLIDATED | |
|
(Thousands
of Mexican Pesos)
|
||
| AUDITED INFORMATION | Final Printing |
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
|
RT
|
Amount
|
%
|
Amount
|
%
|
|
|
rt01
|
NET
SALES
|
14,471,598
|
100
|
12,407,423
|
100
|
|
rt21
|
DOMESTIC
|
12,313,038
|
85
|
10,996,248
|
89
|
|
rt22
|
FOREIGN
|
2,158,560
|
15
|
1,411,175
|
11
|
|
rt23
|
TRANSLATED
INTO DOLLARS (***)
|
67,085
|
0
|
134,313
|
1
|
|
rt08
|
OTHER
INCOME AND (EXPENSE), NET
|
(338,067)
|
100
|
(123,746)
|
100
|
|
rt49
|
OTHER
INCOME AND (EXPENSE), NET
|
(313,079)
|
93
|
(104,998)
|
85
|
|
rt34
|
EMPLOYEES'
PROFIT SHARING, CURRENT
|
25,172
|
(7)
|
18,748
|
(15)
|
|
rt35
|
EMPLOYEES'
PROFIT SHARING, DEFERRED
|
(184)
|
0
|
0
|
0
|
|
rt06
|
INTEGRAL
RESULTS OF FINANCING
|
499,587
|
100
|
(311,132)
|
100
|
|
rt24
|
INTEREST
EXPENSE
|
843,495
|
169
|
701,174
|
(225)
|
|
rt42
|
GAIN
(LOSS) ON RESTATEMENT OF UDI'S
|
0
|
0
|
0
|
0
|
|
rt45
|
OTHER
FINANCE COSTS
|
0
|
0
|
0
|
0
|
|
rt26
|
INTEREST
INCOME
|
213,933
|
43
|
530,111
|
(170)
|
|
rt46
|
OTHER
FINANCIAL PRODUCTS
|
0
|
0
|
0
|
0
|
|
rt25
|
FOREIGN
EXCHANGE GAIN (LOSS), NET
|
1,129,149
|
226
|
(15,294)
|
5
|
|
rt28
|
RESULTS
FROM MONETARY POSITION
|
0
|
0
|
124,775
|
40
|
|
rt10
|
INCOME
TAXES
|
1,347,012
|
100
|
903,380
|
100
|
|
rt32
|
INCOME
TAX, CURRENT
|
594,417
|
44
|
912,863
|
101
|
|
rt33
|
INCOME
TAX, DEFERRED
|
752,595
|
56
|
(9,483)
|
(1)
|
|
QUARTERLY STATEMENTS OF
INCOME
|
||
|
OTHER
CONCEPTS
|
CONSOLIDATED | |
|
(Thousands
of Mexican Pesos)
|
||
| AUDITED INFORMATION | Final Printing |
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
|
RT
|
Amount
|
Amount
|
|
|
rt47
|
OPERATIVE
DEPRECIATION AND AMORTIZATION
|
1,205,331
|
894,813
|
|
STATEMENT OF CHANGES IN
STOCKHOLDERS' EQUITY
|
||
|
|
CONSOLIDATED | |
|
|
||
| AUDITED INFORMATION | Final Printing |
|
CONTRIBUTED
CAPITAL
|
EARNED
CAPITAL
|
||||||||
|
RETAINED
EARNINGS
|
ACCUMULATED
OTHER COMPREHENSIVE RESULT
|
||||||||
|
CONCEPTS
|
CAPITAL
STOCK ISSUED
|
ADDITIONAL
PAID-IN CAPITAL
|
RESERVES
|
EARNINGS
(LOSSES) TO
APPLY
|
RESULT
FROM HOLDING NON-MONETARY ASSETS AND DEFERRED INCOME TAXES
|
OTHER
COMPREHENSIVE RESULT
|
TOTAL
MAJORITY INTEREST
|
MINORITY
INTEREST
|
TOTAL
STOCKHOLDERS' EQUITY
|
|
BALANCE
AT DECEMBER 31, 2006
|
10,506,856
|
4,547,944
|
2,135,423
|
22,990,430
|
(5,885,244)
|
2,076,867
|
36,372,276
|
1,642,601
|
38,014,877
|
|
APPLICATION
OF THE RESULT OF THE EXERCISE TO ACCUMULATED RESULTS
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
CONSTITUTION
OF RESERVES
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
DIVIDENDS
|
0
|
0
|
0
|
(4,506,492)
|
0
|
0
|
(4,506,492)
|
0
|
(4,506,492)
|
|
SHARE
CANCELLATION
|
(239,286)
|
0
|
0
|
0
|
0
|
0
|
(239,286)
|
0
|
(239,286)
|
|
REPURCHASE
OF SHARES
|
0
|
0
|
0
|
(50,092)
|
0
|
0
|
(50,092)
|
0
|
(50,092)
|
|
RESERVE
FOR THE ACQUISITION OF SHARES
|
0
|
0
|
0
|
(3,386,013)
|
0
|
0
|
(3,386,013)
|
0
|
(3,386,013)
|
|
(DECREASE)
INCREASE IN PREMIUM ON ISSUANCE OF SHARES
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
(DECREASE)
INCREASE IN MINORITY INTEREST
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1,968,586
|
1,968,586
|
|
COMPREHENSIVE
INCOME (*)
|
0
|
0
|
0
|
8,049,811
|
23,491
|
775,418
|
8,848,720
|
0
|
8,848,720
|
|
BALANCE
AT DECEMBER 31, 2007
|
10,267,570
|
4,547,944
|
2,135,423
|
23,097,644
|
(5,861,753)
|
2,852,285
|
37,039,113
|
3,611,187
|
40,650,300
|
|
RECLASSIFICATION
INITIAL BALANCES RESULT FOR HOLDING OF MONETARY ASSETS AND DEFERRED TAX ON
INCOME
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
APPLICATION OF
THE RESULT OF THE EXERCISE TO ACCUMULATED RESULTS
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
CONSTITUTION
OF RESERVES
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
DIVIDENDS
|
0
|
0
|
0
|
(2,229,973)
|
0
|
0
|
(2,229,973)
|
0
|
(2,229,973)
|
|
SHARE
CANCELLATION
|
(206,620)
|
0
|
0
|
0
|
0
|
0
|
(206,620)
|
0
|
(206,620)
|
|
REPURCHASE
OF SHARES
|
0
|
0
|
0
|
2,630,637
|
0
|
0
|
2,630,637
|
0
|
2,630,637
|
|
RESERVE
FOR THE ACQUISITION OF SHARES
|
0
|
0
|
0
|
(1,240,869)
|
0
|
0
|
(1,240,869)
|
0
|
(1,240,869)
|
|
(DECREASE)
INCREASE IN PREMIUM ON ISSUANCE OF SHARES
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
(DECREASE)
INCREASE IN MINORITY INTEREST
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1,621,647
|
1,621,647
|
|
COMPREHENSIVE
INCOME (*)
|
0
|
0
|
0
|
(166,957)
|
5,861,753
|
331,758
|
6,026,554
|
0
|
6,026,554
|
|
BALANCE
AT DECEMBER 31, 2008
|
10,060,950
|
4,547,944
|
2,135,423
|
22,090,482
|
0
|
3,184,043
|
42,018,842
|
5,232,834
|
47,251,676
|
|
STATEMENTS OF CHANGES IN
FINANCIAL POSITION
|
||
|
FROM
JANUARY 1 TO DECEMBER 31, 2008 AND 2007
|
CONSOLIDATED | |
|
(Thousands
of Mexican Pesos)
|
||
| AUDITED INFORMATION | Final Printing |
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
|
C
|
AMOUNT
|
AMOUNT
|
|
|
c01
|
CONSOLIDATED
NET INCOME
|
9,018,390
|
|
|
c02
|
+
(-) ITEMS ADDED TO INCOME WHICH DO NOT REQUIRE
|
||
|
USING
RESOURCES
|
4,821,095
|
||
|
c03
|
RESOURCES
FROM NET INCOME FOR THE YEAR
|
13,839,485
|
|
|
c04
|
RESOURCES
PROVIDED OR USED IN OPERATION
|
(2,227,595)
|
|
|
c05
|
RESOURCES
PROVIDED BY (USED FOR) OPERATING
|
||
|
ACTIVITIES
|
11,611,890
|
||
|
c06
|
RESOURCES
PROVIDED BY (USED FOR) EXTERNAL
|
||
|
FINANCING
ACTIVITIES
|
6,380,755
|
||
|
c07
|
RESOURCES
PROVIDED BY (USED FOR) INTERNAL
|
||
|
FINANCING
ACTIVITIES
|
(8,355,052)
|
||
|
c08
|
RESOURCES
PROVIDED BY (USED FOR) FINANCING
|
||
|
ACTIVITIES
|
(1,974,297)
|
||
|
c09
|
RESOURCES
PROVIDED BY (USED FOR) INVESTMENT
|
||
|
ACTIVITIES
|
1,123,968
|
||
|
c10
|
NET
INCREASE (DECREASE) IN CASH AND SHORT-TERM
|
||
|
INVESTMENTS
|
10,761,561
|
||
|
c11
|
CASH
AND SHORT-TERM INVESTMENTS AT THE
|
||
|
BEGINNING
OF PERIOD
|
16,543,335
|
||
|
c12
|
CASH
AND SHORT-TERM INVESTMENTS AT THE END
|
||
|
OF
PERIOD
|
27,304,896
|
||
|
STATEMENTS OF CHANGES IN
FINANCIAL POSITION
|
||
|
BREAKDOWN
OF MAIN CONCEPTS
|
CONSOLIDATED | |
|
(Thousands
of Mexican Pesos)
|
||
| AUDITED INFORMATION | Final Printing |
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
|
C
|
Amount
|
Amount
|
|
|
c02
|
+
(-) ITEMS ADDED TO INCOME WHICH DO NOT REQUIRE
|
||
|
USING
RESOURCES
|
4,821,095
|
||
|
c13
|
+
DEPRECIATION AND AMORTIZATION FOR THE YEAR
|
3,223,070
|
|
|
c41
|
+
(-) OTHER ITEMS
|
1,598,025
|
|
|
c04
|
RESOURCES
PROVIDED OR USED IN OPERATION
|
(2,227,595)
|
|
|
c18
|
+
(-) DECREASE (INCREASE) IN ACCOUNTS RECEIVABLE
|
(3,090,936)
|
|
|
c19
|
+
(-) DECREASE (INCREASE) IN INVENTORIES
|
(1,910,309)
|
|
|
c20
|
+
(-) DECREASE (INCREASE) IN OTHER ACCOUNTS
|
||
|
RECEIVABLE
AND OTHER ASSETS
|
(443,962)
|
||
|
c21
|
+
(-) INCREASE (DECREASE) IN SUPPLIERS
|
840,911
|
|
|
c22
|
+
(-) INCREASE (DECREASE) IN OTHER LIABILITIES
|
2,376,701
|
|
|
c06
|
RESOURCES
PROVIDED BY (USED FOR) EXTERNAL
|
||
|
FINANCING
ACTIVITIES
|
6,380,755
|
||
|
c23
|
+
BANK FINANCING
|
2,507,546
|
|
|
c24
|
+
STOCK MARKET FINANCING
|
4,500,000
|
|
|
c25
|
+
DIVIDEND RECEIVED
|
0
|
|
|
c26
|
+
OTHER FINANCING
|
0
|
|
|
c27
|
(-)
BANK FINANCING AMORTIZATION
|
0
|
|
|
c28
|
(-)
STOCK MARKET FINANCING AMORTIZATION
|
(980,246)
|
|
|
c29
|
(-)
OTHER FINANCING AMORTIZATION
|
(73,761)
|
|
|
c42
|
+
(-) OTHER ITEMS
|
427,216
|
|
|
c07
|
RESOURCES
PROVIDED BY (USED FOR) INTERNAL
|
||
|
FINANCING
ACTIVITIES
|
(8,355,052)
|
||
|
c30
|
+
(-) INCREASE (DECREASE) IN CAPITAL STOCK
|
0
|
|
|
c31
|
(-)
DIVIDENDS PAID
|
(4,506,492)
|
|
|
c32
|
+
PREMIUM ON SALE OF SHARES
|
0
|
|
|
c33
|
+
CONTRIBUTION FOR FUTURE CAPITAL INCREASES
|
0
|
|
|
c43
|
+
(-) OTHER ITEMS
|
(3,848,560)
|
|
|
c09
|
RESOURCES
PROVIDED BY (USED FOR) INVESTMENT
|
||
|
ACTIVITIES
|
1,123,968
|
||
|
c34
|
+
(-) DECREASE (INCREASE) IN PERMANENT
INVESTMENTS
|
(2,684,653)
|
|
|
c35
|
(-)
ACQUISITION OF PROPERTY, PLANT AND EQUIPMENT
|
(3,915,439)
|
|
|
c36
|
(-)
INCREASE IN CONSTRUCTION IN PROGRESS
|
0
|
|
|
c37
|
+
(-) SALE OF OTHER PERMANENT INVESTMENTS
|
0
|
|
|
c38
|
+
SALE OF TANGIBLE FIXED ASSETS
|
704,310
|
|
|
c39
|
+
(-) OTHER ITEMS
|
7,019,750
|
|
|
STATEMENTS OF CASH FLOWS
(INDIRECT METHOD)
|
||
|
MAIN
CONCEPTS
|
CONSOLIDATED | |
|
(Thousands
of Mexican Pesos)
|
||
| AUDITED INFORMATION | Final Printing |
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
|
E
|
Amount
|
Amount
|
|
|
OPERATING
ACTIVITIES
|
|||
|
e01
|
INCOME
(LOSS) BEFORE INCOME TAXES
|
12,294,852
|
|
|
e02
|
+
(-) ITEMS NOT REQUIRING CASH
|
342,945
|
|
|
e03
|
+
(-) ITEMS RELATED TO INVESTING ACTIVITIES
|
6,435,382
|
|
|
e04
|
+
(-) ITEMS RELATED TO FINANCING ACTIVITIES
|
6,837,493
|
|
|
e05
|
CASH
FLOW BEFORE INCOME TAX
|
25,910,672
|
|
|
e06
|
CASH
FLOWS PROVIDED OR USED IN OPERATION
|
(3,652,879)
|
|
|
e07
|
NET
CASH FLOWS PROVIDED BY OPERATING ACTIVITIES
|
22,257,793
|
|
|
INVESTING
ACTIVITIES
|
|||
|
e08
|
NET
CASH FLOWS FROM INVESTING ACTIVITIES
|
(11,361,475)
|
|
|
e09
|
CASH
IN EXCESS (REQUIRED) FOR FINANCING ACTIVITIES
|
10,896,318
|
|
|
FINANCING
ACTIVITIES
|
|||
|
e10
|
NET
CASH FLOWS FROM FINANCING ACTIVITIES
|
(1,885,521)
|
|
|
e11
|
NET
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS
|
9,010,797
|
|
|
e12
|
TRANSLATION
DIFFERENCES IN CASH AND CASH EQUIVALENTS
|
131,854
|
|
|
e13
|
CASH
AND CASH EQUIVALENTS AT BEGINING OF PERIOD
|
25,963,409
|
|
|
e14
|
CASH
AND CASH EQUIVALENTS AT END OF PERIOD
|
35,106,060
|
|
STATEMENTS OF CASH FLOWS
(INDIRECT METHOD)
|
||
|
ANALYSIS
OF MAIN CONCEPTS
|
||
|
(Thousands
of Mexican Pesos)
|
CONSOLIDATED | |
| AUDITED INFORMATION | Final Printing |
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
|
E
|
Amount
|
Amount
|
|
|
e02
|
+
(-) ITEMS NOT REQUIRING CASH
|
342,945
|
|
|
e15
|
+
ESTIMATES FOR THE PERIOD
|
337,478
|
|
|
e16
|
+
PROVISIONS FOR THE PERIOD
|
-
|
|
|
e17
|
+
(-) OTHER UNREALIZED ITEMS
|
5,467
|
|
|
e03
|
+
(-) ITEMS RELATED TO INVESTING ACTIVITIES
|
6,435,382
|
|
|
e18
|
+
DEPRECIATION AND AMORTIZATION FOR THE PERIOD *
|
4,311,115
|
|
|
e19
|
(-)
+ GAIN OR LOSS ON SALE OF PROPERTY, PLANT AND
|
||
|
EQUIPMENT
|
-
|
||
|
e20
|
+
IMPAIRMENT LOSS
|
609,595
|
|
|
e21
|
(-)
+ EQUITY IN RESULTS OF ASSOCIATES AND JOINT VENTURES
|
1,049,934
|
|
|
e22
|
(-)
DIVIDENDS RECEIVED
|
-
|
|
|
e23
|
(-)
INTEREST INCOME
|
-
|
|
|
e24
|
(-)
+ OTHER ITEMS
|
464,738
|
|
|
e04
|
+
(-) ITEMS RELATED TO FINANCING ACTIVITIES
|
6,837,493
|
|
|
e25
|
+
ACCRUED INTEREST
|
2,529,221
|
|
|
e26
|
+
(-) OTHER ITEMS
|
4,308,272
|
|
|
e06
|
CASH
FLOWS PROVIDED OR USED IN OPERATION
|
(3,652,879)
|
|
|
e27
|
+
(-) DECREASE (INCREASE) IN ACCOUNTS RECEIVABLE
|
(1,094,389)
|
|
|
e28
|
+
(-) DECREASE (INCREASE) IN INVENTORIES
|
(1,562,144)
|
|
|
e29
|
+
(-) DECREASE (INCREASE) IN OTHER ACCOUNTS RECEIVABLE
|
(391,399)
|
|
|
e30
|
+
(-) INCREASE (DECREASE) IN SUPPLIERS
|
1,577,231
|
|
|
e31
|
+
(-) INCREASE (DECREASE) IN OTHER LIABILITIES
|
475,347
|
|
|
e32
|
+
(-) INCOME TAXES PAID OR RETURNED
|
(2,657,525)
|
|
|
e08
|
NET
CASH FLOWS FROM INVESTING ACTIVITIES
|
(11,361,475)
|
|
|
e33
|
-
PERMANENT INVESTMENT IN SHARES
|
(1,982,100)
|
|
|
e34
|
+
DISPOSITION OF PERMANENT INVESTMENT IN SHARES
|
109,529
|
|
|
e35
|
- INVESTMENT
IN PROPERTY, PLANT AND EQUIPMENT
|
(5,191,446)
|
|
|
e36
|
+
SALE OF PROPERTY, PLANT AND EQUIPMENT
|
91,815
|
|
|
e37
|
- INVESTMENT
IN INTANGIBLE ASSETS
|
(1,489,174)
|
|
|
e38
|
+
DISPOSITION OF INTANGIBLE ASSETS
|
-
|
|
|
e39
|
-
OTHER PERMANENT INVESTMENTS
|