Av. Vasco de Quiroga No. 2000, Colonia Santa Fe 01210 Mexico City, Mexico
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(Address of principal executive offices)
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Form 20-F
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x
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Form 40-F
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Yes
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No
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x
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Yes
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No
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x
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[105000] Management commentary
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2
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[110000] General information about financial statements
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12
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[210000] Statement of financial position, current/non-current
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14
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[310000] Statement of comprehensive income, profit or loss, by function of expense
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16
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[410000] Statement of comprehensive income, OCI components presented net of tax
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17
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[520000] Statement of cash flows, indirect method
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19
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[610000] Statement of changes in equity - Year Current
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21
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[610000] Statement of changes in equity - Year Previous
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24
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[700000] Informative data about the Statement of financial position
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27
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[700002] Informative data about the Income statement
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28
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[700003] Informative data - Income statement for 12 months
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29
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[800001] Breakdown of credits
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30
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[800003] Annex - Monetary foreign currency position
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32
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[800005] Annex - Distribution of income by product
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33
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[800007] Annex - Financial derivate instruments
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34
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[800100] Notes - Subclassifications of assets, liabilities and equities
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40
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[800200] Notes - Analysis of income and expense
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44
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[800500] Notes - List of notes
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45
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[800600] Notes - List of accounting policies
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46
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[813000] Notes - Interim financial reporting
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47
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2Q’16
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Margin %
|
2Q’15
|
Margin %
|
Change %
|
|
Net sales
|
23,523.5
|
100.0
|
20,985.7
|
100.0
|
12.1
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Net income
|
1,765.8
|
7.5
|
1,749.4
|
8.3
|
0.9
|
Net income attributable to stockholders of the Company
|
1,415.9
|
6.0
|
1,328.7
|
6.3
|
6.6
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Segment net sales
|
24,220.5
|
100.0
|
21,453.7
|
100.0
|
12.9
|
Operating segment income (1)
|
9,680.0
|
40.0
|
8,545.6
|
39.8
|
13.3
|
Net Sales
|
2Q’16
|
%
|
2Q’15
|
%
|
Change %
|
Content
|
8,793.0
|
36.3
|
7,923.0
|
36.9
|
11.0
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Sky
|
5,580.7
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23.0
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4,724.5
|
22.0
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18.1
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Cable
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7,802.1
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32.2
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6,909.7
|
32.2
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12.9
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Other Businesses
|
2,044.7
|
8.5
|
1,896.5
|
8.9
|
7.8
|
Segment Net Sales
|
24,220.5
|
100.0
|
21,453.7
|
100.0
|
12.9
|
Intersegment Operations(1)
|
(697.0)
|
(468.0)
|
(48.9)
|
||
Net Sales
|
23,523.5
|
20,985.7
|
12.1
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Operating Segment Income (2)
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2Q’16
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Margin %
|
2Q’15
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Margin %
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Change %
|
Content
|
3,682.6
|
41.9
|
3,378.5
|
42.6
|
9.0
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Sky
|
2,531.2
|
45.4
|
2,273.9
|
48.1
|
11.3
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Cable
|
3,294.2
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42.2
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2,764.2
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40.0
|
19.2
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Other Businesses
|
172.0
|
8.4
|
129.0
|
6.8
|
33.3
|
Operating Segment Income
|
9,680.0
|
40.0
|
8,545.6
|
39.8
|
13.3
|
Corporate Expenses
|
(551.9)
|
(2.3)
|
(514.2)
|
(2.4)
|
(7.3)
|
Depreciation and Amortization
|
(4,274.9)
|
(18.2)
|
(3,612.7)
|
(17.2)
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(18.3)
|
Other Expense, net
|
(699.3)
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(3.0)
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(197.8)
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(0.9)
|
(253.5)
|
Operating Income
|
4,153.9
|
17.7
|
4,220.9
|
20.1
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(1.6)
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Content
|
Second-quarter sales increased by 11.0% to Ps.8,793.0 million compared with Ps.7,923.0 million in second-quarter 2015.
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|||||
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Millions of Mexican pesos
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2Q’16
|
%
|
2Q’15
|
%
|
Change %
|
|
Advertising
|
5,351.0
|
60.8
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5,238.5
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66.1
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2.1
|
|
Network Subscription Revenue
|
1,150.3
|
13.1
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854.1
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10.8
|
34.7
|
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Licensing and Syndication
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2,291.7
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26.1
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1,830.4
|
23.1
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25.2
|
|
Net Sales
|
8,793.0
|
100.0
|
7,923.0
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100.0
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11.0
|
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Advertising
Advertising revenue increased by 2.1% to Ps.5,351.0 million compared with Ps.5,238.5 million in second-quarter 2015. During the quarter we continued with our efforts to restructure our advertising sales business, which consist among other measures, on repricing our advertising inventory.
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|||||
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Network Subscription Revenue
Second-quarter Network Subscription Revenue increased by 34.7% to Ps.1,150.3 million compared with Ps.854.1 million in second-quarter 2015. The growth was driven both by the sustained addition of pay-TV subscribers, both in Mexico and Latin America and by a positive translation effect on foreign-currency denominated revenues. During the quarter, Televisa continued to produce and transmit several of the leading pay-TV networks in Mexico in key categories, including general entertainment, sports, music and lifestyle, and movies.
Licensing and Syndication
Second-quarter Licensing and Syndication revenue increased by 25.2% to Ps.2,291.7 million compared with Ps.1,830.4 million in second-quarter 2015. The increase is explained both by a positive translation effect on foreign-currency denominated revenues and by higher royalties from Univision, which increased by 11.1% to US$83.3 million in second-quarter 2016 from US$75.0 million in second-quarter 2015. The other revenue components of Licensing and Syndication remained relatively stable.
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|||||
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Second-quarter operating segment income increased by 9.0% to Ps.3,682.6 million compared with Ps.3,378.5 million in second-quarter 2015. The margin was 41.9%. The decline in the margin of 70 basis points from same quarter last year is mainly explained by higher costs related to the production of new shows and formats, as well as costs associated to blim, our over-the-top platform.
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|||||
Sky
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Second-quarter sales increased by 18.1% to Ps.5,580.7 million compared with Ps.4,724.5 million in second-quarter 2015. The increase was driven by accelerated growth in the subscriber base in Mexico. The number of net active subscribers increased by 121,235 during the quarter to 7,803,614 as of June 30, 2016, compared with 6,887,428 as of June 30, 2015. Sky ended the quarter with 201,356 subscribers in Central America and the Dominican Republic.
For the first six months of the year, Sky added 519,452 net subscribers, more than double the 249,396 net subscribers added in the first six months of 2015.
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|||||
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Second-quarter operating segment income increased by 11.3% to Ps.2,531.2 million compared with Ps.2,273.9 million in second-quarter 2015, and the margin was 45.4%. The decline in the margin of 270 basis points from same quarter last year is mainly explained by higher programming costs mostly as a result of the depreciation of the Mexican peso, as well as higher costs associated with exclusive sports related programming, marketing costs and promotional expenses.
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Cable
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Second-quarter sales increased by 12.9% to Ps.7,802.1 million compared with Ps.6,909.7 million in second-quarter 2015 driven by growth in all of our cable platforms. Voice and data revenue generating units, or RGUs, grew 28.6% and 18.5% compared with second-quarter 2015, respectively, and video RGUs grew 7.7%.
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|||||||
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The following table sets forth the breakdown of RGUs per service type for our Cable segment as of June 30, 2016 and 2015.
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|||||||
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RGUs
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2Q’16
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2Q’15
|
|
|||
|
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Video
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4,219,906
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3,916,512
|
|
|||
|
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Broadband
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3,258,061
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2,748,401
|
|
|||
|
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Voice
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2,051,434
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1,595,761
|
|
|||
|
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Total RGUs
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9,529,401
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8,260,674
|
|
|||
|
Second-quarter operating segment income increased by 19.2% to Ps.3,294.2 million compared with Ps.2,764.2 million in second-quarter 2015, and the margin was 42.2%, an increase of 220 basis points from same quarter last year. These results reflect primarily (i) an increase in the revenues of our cable platforms; (ii) the results of an aggressive cost reduction plan; and (iii) lower leasing and advertising expenses. These effects were partially compensated by an increase in personnel costs and expenses, call center costs, leasing costs, and maintenance costs.
The following tables set forth the breakdown of revenues and operating segment income, excluding consolidation adjustments, for our cable and network operations for second-quarter 2016 and 2015.
Our cable operations include the video, voice and data services provided by Cablevisión, Cablemás, TVI, Cablecom and Telecable. Our network operations include the services offered by Bestel and the network operations of Cablecom.
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|||||||
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|||||||
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2Q’16
Millions of Mexican pesos
|
Cable Operations (1)
|
Network Operations (1)
|
Total Cable
|
||||
|
Revenue
|
6,773.6
|
1,321.7
|
7,802.1
|
||||
|
Operating Segment Income
|
2,877.9
|
500.4
|
3,294.2
|
||||
|
Margin
|
42.5%
|
37.9%
|
42.2%
|
||||
|
(1) These results do not include consolidation adjustments of Ps.293.2 million in revenues nor Ps.84.1 million in Operating Segment Income, which are considered in the consolidated results of the Cable segment.
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|||||||
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|||||||
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2Q’15
Millions of Mexican pesos
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Cable Operations (2)
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Network Operations (2)
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Total Cable
|
||||
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Revenue
|
5,912.4
|
1,222.8
|
6,909.7
|
||||
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Operating Segment Income
|
2,372.4
|
473.1
|
2,764.2
|
||||
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Margin
|
40.1%
|
38.7%
|
40.0%
|
||||
|
(2) These results do not include consolidation adjustments of Ps.225.5 million in revenues nor Ps.81.3 million in Operating Segment Income, which are considered in the consolidated results of the Cable segment.
|
|||||||
|
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Other Businesses
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Second-quarter sales increased by 7.8% to Ps.2,044.7 million compared with Ps.1,896.5 million in second-quarter 2015. Businesses that posted higher sales include soccer, gaming, radio and feature-film distribution. The soccer business benefited from player related transactions, the gaming business benefited from an increase in the number of electronic gaming machines, while the radio business benefited from higher advertising revenues. This effect was partially compensated by lower revenues in our publishing business.
|
|
Second-quarter operating segment income increased by 33.3% to Ps.172.0 million compared with Ps.129.0 million in second-quarter 2015, reflecting i) an increase in the operating segment income of our gaming and radio businesses; and ii) a smaller operating segment loss in our soccer and publishing distribution businesses. This effect was partially compensated by a change from operating segment income to operating segment loss in our publishing and feature-film distribution businesses.
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2Q’16
|
2Q’15
|
(Increase) decrease
|
|
Interest expense
|
(2,000.7)
|
(1,530.4)
|
(470.3)
|
Interest income
|
579.4
|
320.2
|
259.2
|
Foreign exchange loss, net
|
(415.4)
|
(683.9)
|
268.5
|
Other finance (expense) income, net
|
(36.4)
|
133.4
|
(169.8)
|
Finance expense, net
|
(1,873.1)
|
(1,760.7)
|
(112.4)
|
June 30, 2016
|
Dec 31, 2015
|
Increase (decrease)
|
|
Current portion of long-term debt
|
115.0
|
2,979.8
|
(2,864.8)
|
|
|
|
|
Long-term debt, net of current portion
|
116,658.5
|
107,430.8
|
9,227.7
|
|
|
|
|
Total debt (1)
|
116,773.5
|
110,410.6
|
6,362.9
|
|
|
|
|
Current portion of long-term finance lease obligations
|
547.9
|
511.6
|
36.3
|
|
|
|
|
Long-term finance lease obligations, net of current portion
|
5,406.1
|
5,293.6
|
112.5
|
|
|
|
|
Total finance lease obligations
|
5,954.0
|
5,805.2
|
148.8
|
|
|
|
|
Current portion of other finance liabilities
|
-
|
-
|
-
|
|
|
|
|
Long-term other finance liabilities
|
3,526.9
|
-
|
3,526.9
|
|
|
|
|
Total other finance liabilities (2)
|
3,526.9
|
-
|
3,526.9
|
2Q’16
|
Margin %
|
2Q’15
|
Margin %
|
Change %
|
|
Net sales
|
23,523.5
|
100.0
|
20,985.7
|
100.0
|
12.1
|
Net income
|
1,765.8
|
7.5
|
1,749.4
|
8.3
|
0.9
|
Net income attributable to stockholders of the Company
|
1,415.9
|
6.0
|
1,328.7
|
6.3
|
6.6
|
|
|
|
|
|
|
Segment net sales
|
24,220.5
|
100.0
|
21,453.7
|
100.0
|
12.9
|
Operating segment income (1)
|
9,680.0
|
40.0
|
8,545.6
|
39.8
|
13.3
|
Net Sales
|
2Q’16
|
%
|
2Q’15
|
%
|
Change %
|
Content
|
8,793.0
|
36.3
|
7,923.0
|
36.9
|
11.0
|
Sky
|
5,580.7
|
23.0
|
4,724.5
|
22.0
|
18.1
|
Cable
|
7,802.1
|
32.2
|
6,909.7
|
32.2
|
12.9
|
Other Businesses
|
2,044.7
|
8.5
|
1,896.5
|
8.9
|
7.8
|
Segment Net Sales
|
24,220.5
|
100.0
|
21,453.7
|
100.0
|
12.9
|
Intersegment Operations(1)
|
(697.0)
|
|
(468.0)
|
|
(48.9)
|
Net Sales
|
23,523.5
|
|
20,985.7
|
|
12.1
|
Operating Segment Income (2)
|
2Q’16
|
Margin %
|
2Q’15
|
Margin %
|
Change %
|
Content
|
3,682.6
|
41.9
|
3,378.5
|
42.6
|
9.0
|
Sky
|
2,531.2
|
45.4
|
2,273.9
|
48.1
|
11.3
|
Cable
|
3,294.2
|
42.2
|
2,764.2
|
40.0
|
19.2
|
Other Businesses
|
172.0
|
8.4
|
129.0
|
6.8
|
33.3
|
Operating Segment Income
|
9,680.0
|
40.0
|
8,545.6
|
39.8
|
13.3
|
Corporate Expenses
|
(551.9)
|
(2.3)
|
(514.2)
|
(2.4)
|
(7.3)
|
Depreciation and Amortization
|
(4,274.9)
|
(18.2)
|
(3,612.7)
|
(17.2)
|
(18.3)
|
Other Expense, net
|
(699.3)
|
(3.0)
|
(197.8)
|
(0.9)
|
(253.5)
|
Operating Income
|
4,153.9
|
17.7
|
4,220.9
|
20.1
|
(1.6)
|
Ticker:
|
TLEVISA
|
Period covered by financial statements:
|
2016-01-01 al 2016-06-30
|
Date of end of reporting period:
|
2016-06-30
|
Name of reporting entity or other means of identification:
|
TLEVISA
|
Description of presentation currency:
|
MXN
|
Level of rounding used in financial statements:
|
THOUSANDS OF MEXICAN PESOS
|
Consolidated:
|
Yes
|
Number of quarter:
|
2
|
Type of issuer:
|
ICS
|
Description of nature of financial statements:
|
Close Current Quarter
2016-06-30
|
Close Previous Exercise
2015-12-31
|
|
Statement of financial position
|
||
Assets
|
||
Current assets
|
||
Cash and cash equivalents
|
47,352,612,000
|
49,397,126,000
|
Trade and other current receivables
|
23,437,139,000
|
26,230,384,000
|
Current tax assets, current
|
2,674,052,000
|
1,962,709,000
|
Other current financial assets
|
5,867,628,000
|
5,330,448,000
|
Current inventories
|
2,180,928,000
|
1,628,276,000
|
Current biological assets
|
0
|
0
|
Other current non-financial assets
|
6,206,157,000
|
5,389,133,000
|
Total current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners
|
87,718,516,000
|
89,938,076,000
|
Non-current assets or disposal groups classified as held for sale or as held for distribution to owners
|
0
|
0
|
Total current assets
|
87,718,516,000
|
89,938,076,000
|
Non-current assets
|
||
Trade and other non-current receivables
|
0
|
0
|
Current tax assets, non-current
|
0
|
0
|
Non-current inventories
|
0
|
0
|
Non-current biological assets
|
0
|
0
|
Other non-current financial assets
|
44,330,269,000
|
41,081,474,000
|
Investments accounted for using equity method
|
0
|
0
|
Investments in subsidiaries, joint ventures and associates
|
10,545,929,000
|
9,271,901,000
|
Property, plant and equipment
|
80,960,718,000
|
76,089,277,000
|
Investment property
|
0
|
0
|
Goodwill
|
14,112,626,000
|
14,112,626,000
|
Intangible assets other than goodwill
|
23,356,856,000
|
23,993,699,000
|
Deferred tax assets
|
19,738,624,000
|
17,665,086,000
|
Other non-current non-financial assets
|
9,464,835,000
|
9,321,615,000
|
Total non-current assets
|
202,509,857,000
|
191,535,678,000
|
Total assets
|
290,228,373,000
|
281,473,754,000
|
Equity and liabilities
|
||
Liabilities
|
||
Current liabilities
|
||
Trade and other current payables
|
39,460,117,000
|
40,839,678,000
|
Current tax liabilities, current
|
1,640,258,000
|
1,632,795,000
|
Other current financial liabilities
|
2,551,478,000
|
4,677,026,000
|
Other current non-financial liabilities
|
0
|
0
|
Current provisions
|
||
Current provisions for employee benefits
|
0
|
0
|
Other current provisions
|
2,578,713,000
|
1,828,551,000
|
Total current provisions
|
2,578,713,000
|
1,828,551,000
|
Total current liabilities other than liabilities included in disposal groups classified as held for sale
|
46,230,566,000
|
48,978,050,000
|
Liabilities included in disposal groups classified as held for sale
|
0
|
0
|
Total current liabilities
|
46,230,566,000
|
48,978,050,000
|
Non-current liabilities
|
||
Trade and other non-current payables
|
3,319,799,000
|
3,225,755,000
|
Current tax liabilities, non-current
|
6,184,447,000
|
6,338,078,000
|
Other non-current financial liabilities
|
125,740,046,000
|
112,949,983,000
|
Other non-current non-financial liabilities
|
0
|
0
|
Non-current provisions
|
||
Non-current provisions for employee benefits
|
447,945,000
|
407,179,000
|
Other non-current provisions
|
53,671,000
|
52,884,000
|
Total non-current provisions
|
501,616,000
|
460,063,000
|
Deferred tax liabilities
|
10,266,336,000
|
10,000,048,000
|
Total non-current liabilities
|
146,012,244,000
|
132,973,927,000
|
Total liabilities
|
192,242,810,000
|
181,951,977,000
|
Equity
|
||
Issued capital
|
4,978,126,000
|
4,978,126,000
|
Share premium
|
15,889,819,000
|
15,889,819,000
|
Treasury shares
|
11,529,217,000
|
11,882,248,000
|
Retained earnings
|
69,673,828,000
|
73,139,684,000
|
Other reserves
|
6,375,379,000
|
5,257,554,000
|
Total equity attributable to owners of parent
|
85,387,935,000
|
87,382,935,000
|
Non-controlling interests
|
12,597,628,000
|
12,138,842,000
|
Total equity
|
97,985,563,000
|
99,521,777,000
|
Total equity and liabilities
|
290,228,373,000
|
281,473,754,000
|
Accumulated Current Year
2016-01-01 - 2016-06-30
|
Accumulated Previous Year
2015-01-01 - 2015-06-30
|
Quarter Current Year
2016-04-01 - 2016-06-30
|
Quarter Previous Year
2015-04-01 - 2015-06-30
|
|
Profit or loss
|
||||
Profit (loss)
|
||||
Revenue
|
45,264,456,000
|
40,845,094,000
|
23,523,477,000
|
20,985,731,000
|
Cost of sales
|
24,861,575,000
|
22,312,869,000
|
12,715,356,000
|
11,178,190,000
|
Gross profit
|
20,402,881,000
|
18,532,225,000
|
10,808,121,000
|
9,807,541,000
|
Distribution costs
|
5,167,813,000
|
4,529,523,000
|
2,585,663,000
|
2,345,696,000
|
Administrative expenses
|
6,577,575,000
|
5,700,260,000
|
3,369,233,000
|
3,043,153,000
|
Other income
|
0
|
728,709,000
|
0
|
0
|
Other expense
|
1,194,482,000
|
0
|
699,297,000
|
197,768,000
|
Profit (loss) from operating activities
|
7,463,011,000
|
9,031,151,000
|
4,153,928,000
|
4,220,924,000
|
Finance income
|
887,535,000
|
937,206,000
|
579,406,000
|
453,636,000
|
Finance costs
|
4,769,271,000
|
4,558,931,000
|
2,452,583,000
|
2,214,352,000
|
Share of profit (loss) of associates and joint ventures accounted for using equity method
|
526,680,000
|
-249,160,000
|
340,411,000
|
50,377,000
|
Profit (loss) before tax
|
4,107,955,000
|
5,160,266,000
|
2,621,162,000
|
2,510,585,000
|
Tax income (expense)
|
1,360,884,000
|
1,607,581,000
|
855,374,000
|
761,155,000
|
Profit (loss) from continuing operations
|
2,747,071,000
|
3,552,685,000
|
1,765,788,000
|
1,749,430,000
|
Profit (loss) from discontinued operations
|
0
|
0
|
0
|
0
|
Profit (loss)
|
2,747,071,000
|
3,552,685,000
|
1,765,788,000
|
1,749,430,000
|
Profit (loss), attributable to
|
||||
Profit (loss), attributable to owners of parent
|
2,016,293,000
|
2,782,177,000
|
1,415,859,000
|
1,328,732,000
|
Profit (loss), attributable to non-controlling interests
|
730,778,000
|
770,508,000
|
349,929,000
|
420,698,000
|
Earnings per share
|
||||
Earnings per share
|
||||
Earnings per share
|
||||
Basic earnings per share
|
||||
Basic earnings (loss) per share from continuing operations
|
0.7
|
0.96
|
0.49
|
0.46
|
Basic earnings (loss) per share from discontinued operations
|
0
|
0
|
0
|
0
|
Total basic earnings (loss) per share
|
0.7
|
0.96
|
0.49
|
0.46
|
Diluted earnings per share
|
||||
Diluted earnings (loss) per share from continuing operations
|
0.65
|
0.9
|
0.45
|
0.43
|
Diluted earnings (loss) per share from discontinued operations
|
0
|
0
|
0
|
0
|
Total diluted earnings (loss) per share
|
0.65
|
0.9
|
0.45
|
0.43
|
Accumulated Current Year
2016-01-01 - 2016-06-30
|
Accumulated Previous Year
2015-01-01 - 2015-06-30
|
Quarter Current Year
2016-04-01 - 2016-06-30
|
Quarter Previous Year
2015-04-01 - 2015-06-30
|
|
Statement of comprehensive income
|
||||
Profit (loss)
|
2,747,071,000
|
3,552,685,000
|
1,765,788,000
|
1,749,430,000
|
Other comprehensive income
|
||||
Components of other comprehensive income that will not be reclassified to profit or loss, net of tax
|
||||
Other comprehensive income, net of tax, gains (losses) from investments in equity instruments
|
0
|
0
|
0
|
0
|
Other comprehensive income, net of tax, gains (losses) on revaluation
|
0
|
0
|
0
|
0
|
Other comprehensive income, net of tax, gains (losses) on remeasurements of defined benefit plans
|
0
|
0
|
0
|
0
|
Other comprehensive income, net of tax, change in fair value of financial liability attributable to change in credit risk of liability
|
0
|
0
|
0
|
0
|
Other comprehensive income, net of tax, gains (losses) on hedging instruments that hedge investments in equity instruments
|
0
|
0
|
0
|
0
|
Share of other comprehensive income of associates and joint ventures accounted for using equity method that will not be reclassified to profit or loss, net of tax
|
0
|
0
|
0
|
0
|
Total other comprehensive income that will not be reclassified to profit or loss, net of tax
|
0
|
0
|
0
|
0
|
Components of other comprehensive income that will be reclassified to profit or loss, net of tax
|
||||
Exchange differences on translation
|
||||
Gains (losses) on exchange differences on translation, net of tax
|
497,685,000
|
163,300,000
|
361,972,000
|
59,505,000
|
Reclassification adjustments on exchange differences on translation, net of tax
|
0
|
0
|
0
|
0
|
Other comprehensive income, net of tax, exchange differences on translation
|
497,685,000
|
163,300,000
|
361,972,000
|
59,505,000
|
Available-for-sale financial assets
|
||||
Gains (losses) on remeasuring available-for-sale financial assets, net of tax
|
596,835,000
|
581,258,000
|
625,045,000
|
775,753,000
|
Reclassification adjustments on available-for-sale financial assets, net of tax
|
0
|
0
|
0
|
0
|
Other comprehensive income, net of tax, available-for-sale financial assets
|
596,835,000
|
581,258,000
|
625,045,000
|
775,753,000
|
Cash flow hedges
|
||||
Gains (losses) on cash flow hedges, net of tax
|
61,417,000
|
-14,613,000
|
84,011,000
|
15,555,000
|
Reclassification adjustments on cash flow hedges, net of tax
|
0
|
0
|
0
|
0
|
Amounts removed from equity and included in carrying amount of non-financial asset (liability) whose acquisition or incurrence was hedged highly probable forecast transaction, net of tax
|
0
|
0
|
0
|
0
|
Other comprehensive income, net of tax, cash flow hedges
|
61,417,000
|
-14,613,000
|
84,011,000
|
15,555,000
|
Hedges of net investment in foreign operations
|
||||
Gains (losses) on hedges of net investments in foreign operations, net of tax
|
0
|
0
|
0
|
0
|
Reclassification adjustments on hedges of net investments in foreign operations, net of tax
|
0
|
0
|
0
|
0
|
Other comprehensive income, net of tax, hedges of net investments in foreign operations
|
0
|
0
|
0
|
0
|
Change in value of time value of options
|
||||
Gains (losses) on change in value of time value of options, net of tax
|
0
|
0
|
0
|
0
|
Reclassification adjustments on change in value of time value of options, net of tax
|
0
|
0
|
0
|
0
|
Other comprehensive income, net of tax, change in value of time value of options
|
0
|
0
|
0
|
0
|
Change in value of forward elements of forward contracts
|
||||
Gains (losses) on change in value of forward elements of forward contracts, net of tax
|
0
|
0
|
0
|
0
|
Reclassification adjustments on change in value of forward elements of forward contracts, net of tax
|
0
|
0
|
0
|
0
|
Other comprehensive income, net of tax, change in value of forward elements of forward contracts
|
0
|
0
|
0
|
0
|
Change in value of foreign currency basis spreads
|
||||
Gains (losses) on change in value of foreign currency basis spreads, net of tax
|
0
|
0
|
0
|
0
|
Reclassification adjustments on change in value of foreign currency basis spreads, net of tax
|
0
|
0
|
0
|
0
|
Other comprehensive income, net of tax, change in value of foreign currency basis spreads
|
0
|
0
|
0
|
0
|
Share of other comprehensive income of associates and joint ventures accounted for using equity method that will be reclassified to profit or loss, net of tax
|
-6,211,000
|
-11,440,000
|
-14,941,000
|
20,155,000
|
Total other comprehensive income that will be reclassified to profit or loss, net of tax
|
1,149,726,000
|
718,505,000
|
1,056,087,000
|
870,968,000
|
Total other comprehensive income
|
1,149,726,000
|
718,505,000
|
1,056,087,000
|
870,968,000
|
Total comprehensive income
|
3,896,797,000
|
4,271,190,000
|
2,821,875,000
|
2,620,398,000
|
Comprehensive income attributable to
|
||||
Comprehensive income, attributable to owners of parent
|
3,134,118,000
|
3,476,669,000
|
2,442,903,000
|
2,199,706,000
|
Comprehensive income, attributable to non-controlling interests
|
762,679,000
|
794,521,000
|
378,972,000
|
420,692,000
|
Accumulated Current Year
2016-01-01 - 2016-06-30
|
Accumulated Previous Year
2015-01-01 - 2015-06-30
|
|
Statement of cash flows
|
||
Cash flows from (used in) operating activities
|
||
Profit (loss)
|
2,747,071,000
|
3,552,685,000
|
Adjustments to reconcile profit (loss)
|
||
Discontinued operations
|
0
|
0
|
Adjustments for income tax expense
|
1,360,884,000
|
1,607,581,000
|
Adjustments for finance costs
|
0
|
0
|
Adjustments for depreciation and amortisation expense
|
8,284,805,000
|
6,955,893,000
|
Adjustments for impairment loss (reversal of impairment loss) recognized in profit or loss
|
0
|
0
|
Adjustments for provisions
|
1,096,307,000
|
650,154,000
|
Adjustments for unrealised foreign exchange losses (gains)
|
1,925,705,000
|
1,706,988,000
|
Adjustments for share-based payments
|
687,350,000
|
549,427,000
|
Adjustments for fair value losses (gains)
|
139,331,000
|
-301,464,000
|
Adjustments for undistributed profits of associates
|
0
|
0
|
Adjustments for losses (gains) on disposal of non-current assets
|
375,255,000
|
227,259,000
|
Participation in associates and joint ventures
|
-526,680,000
|
249,160,000
|
Adjustments for decrease (increase) in inventories
|
-1,439,570,000
|
-760,210,000
|
Adjustments for decrease (increase) in trade accounts receivable
|
3,842,667,000
|
3,554,859,000
|
Adjustments for decrease (increase) in other operating receivables
|
-1,728,356,000
|
9,771,784,000
|
Adjustments for increase (decrease) in trade accounts payable
|
5,443,892,000
|
2,604,821,000
|
Adjustments for increase (decrease) in other operating payables
|
-6,263,547,000
|
-5,423,230,000
|
Other adjustments for non-cash items
|
0
|
0
|
Other adjustments for which cash effects are investing or financing cash flow
|
312,000
|
0
|
Straight-line rent adjustment
|
0
|
0
|
Amortization of lease fees
|
0
|
0
|
Setting property values
|
0
|
0
|
Other adjustments to reconcile profit (loss)
|
165,843,000
|
149,167,000
|
Total adjustments to reconcile profit (loss)
|
13,364,198,000
|
21,542,189,000
|
Net cash flows from (used in) operations
|
16,111,269,000
|
25,094,874,000
|
Dividends paid
|
0
|
0
|
Dividends received
|
0
|
0
|
Interest paid
|
-3,984,009,000
|
-3,008,147,000
|
Interest received
|
-562,419,000
|
-207,469,000
|
Income taxes refund (paid)
|
4,208,497,000
|
3,482,618,000
|
Other inflows (outflows) of cash
|
0
|
0
|
Net cash flows from (used in) operating activities
|
15,324,362,000
|
24,412,934,000
|
Cash flows from (used in) investing activities
|
||
Cash flows from losing control of subsidiaries or other businesses
|
0
|
0
|
Cash flows used in obtaining control of subsidiaries or other businesses
|
2,000,000,000
|
9,803,761,000
|
Other cash receipts from sales of equity or debt instruments of other entities
|
0
|
0
|
Other cash payments to acquire equity or debt instruments of other entities
|
0
|
0
|
Other cash receipts from sales of interests in joint ventures
|
0
|
0
|
Other cash payments to acquire interests in joint ventures
|
0
|
0
|
Proceeds from sales of property, plant and equipment
|
345,498,000
|
114,342,000
|
Purchase of property, plant and equipment
|
12,438,334,000
|
10,094,752,000
|
Proceeds from sales of intangible assets
|
0
|
0
|
Purchase of intangible assets
|
873,334,000
|
156,062,000
|
Proceeds from sales of other long-term assets
|
0
|
0
|
Purchase of other long-term assets
|
0
|
0
|
Proceeds from government grants
|
0
|
0
|
Cash advances and loans made to other parties
|
0
|
0
|
Cash receipts from repayment of advances and loans made to other parties
|
0
|
0
|
Cash payments for future contracts, forward contracts, option contracts and swap contracts
|
0
|
0
|
Cash receipts from future contracts, forward contracts, option contracts and swap contracts
|
0
|
0
|
Dividends received
|
0
|
0
|
Interest paid
|
0
|
0
|
Interest received
|
0
|
0
|
Income taxes refund (paid)
|
0
|
0
|
Other inflows (outflows) of cash
|
-156,818,000
|
202,757,000
|
Net cash flows from (used in) investing activities
|
-15,122,988,000
|
-19,737,476,000
|
Cash flows from (used in) financing activities
|
||
Proceeds from changes in ownership interests in subsidiaries that do not result in loss of control
|
0
|
0
|
Payments from changes in ownership interests in subsidiaries that do not result in loss of control
|
0
|
0
|
Proceeds from issuing shares
|
0
|
0
|
Proceeds from issuing other equity instruments
|
0
|
0
|
Payments to acquire or redeem entity's shares
|
1,750,049,000
|
745,824,000
|
Payments of other equity instruments
|
0
|
0
|
Proceeds from borrowings
|
5,728,500,000
|
6,959,117,000
|
Repayments of borrowings
|
3,569,300,000
|
6,747,124,000
|
Payments of finance lease liabilities
|
123,023,000
|
195,774,000
|
Proceeds from government grants
|
0
|
0
|
Dividends paid
|
1,084,192,000
|
1,084,192,000
|
Interest paid
|
3,179,871,000
|
2,912,655,000
|
Income taxes refund (paid)
|
0
|
0
|
Other inflows (outflows) of cash
|
1,601,800,000
|
455,128,000
|
Net cash flows from (used in) financing activities
|
-2,376,135,000
|
-4,271,324,000
|
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes
|
-2,174,761,000
|
404,134,000
|
Effect of exchange rate changes on cash and cash equivalents
|
||
Effect of exchange rate changes on cash and cash equivalents
|
130,247,000
|
32,670,000
|
Net increase (decrease) in cash and cash equivalents
|
-2,044,514,000
|
436,804,000
|
Cash and cash equivalents at beginning of period
|
49,397,126,000
|
29,729,350,000
|
Cash and cash equivalents at end of period
|
47,352,612,000
|
30,166,154,000
|
Components of equity
|
|||||||||
Page 1 to 3
|
Issued capital
|
Share premium
|
Treasury shares
|
Retained earnings
|
Revaluation surplus
|
Reserve of exchange differences on translation
|
Reserve of cash flow hedges
|
Reserve of gains and losses on hedging instruments that hedge investments in equity instruments
|
Reserve of change in value of time value of options
|
Retrospective application and retrospective restatement
|
|||||||||
Statement of changes in equity
|
|||||||||
Equity at beginning of period
|
4,978,126,000
|
15,889,819,000
|
11,882,248,000
|
73,139,684,000
|
0
|
972,154,000
|
-153,264,000
|
0
|
0
|
Changes in equity
|
|||||||||
Comprehensive income
|
|||||||||
Profit (loss)
|
0
|
0
|
0
|
2,016,293,000
|
0
|
0
|
0
|
0
|
0
|
Other comprehensive income
|
0
|
0
|
0
|
0
|
0
|
465,784,000
|
61,417,000
|
0
|
0
|
Total comprehensive income
|
0
|
0
|
0
|
2,016,293,000
|
0
|
465,784,000
|
61,417,000
|
0
|
0
|
Issue of equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Dividends recognised as distributions to owners
|
0
|
0
|
0
|
1,084,192,000
|
0
|
0
|
0
|
0
|
0
|
Increase through other contributions by owners, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Decrease through other distributions to owners, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through other changes, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through treasury share transactions, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity
|
0
|
0
|
0
|
-4,723,297,000
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through share-based payment transactions, equity
|
0
|
0
|
-353,031,000
|
325,340,000
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of cash flow hedges and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of time value of options and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of forward elements of forward contracts and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of foreign currency basis spreads and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Total increase (decrease) in equity
|
0
|
0
|
-353,031,000
|
-3,465,856,000
|
0
|
465,784,000
|
61,417,000
|
0
|
0
|
Equity at end of period
|
4,978,126,000
|
15,889,819,000
|
11,529,217,000
|
69,673,828,000
|
0
|
1,437,938,000
|
-91,847,000
|
0
|
0
|
Components of equity
|
|||||||||
Page 2 to 3
|
Reserve of change in value of forward elements of forward contracts
|
Reserve of change in value of foreign currency basis spreads
|
Reserve of gains and losses on remeasuring available-for-sale financial assets
|
Reserve of share-based payments
|
Reserve of remeasurements of defined benefit plans
|
Amount recognized in other comprehensive income and accumulated in equity relating to non-current assets or disposal groups held for sale
|
Reserve of gains and losses from investments in equity instruments
|
Reserve of change in fair value of financial liability attributable to change in credit risk of liability
|
Reserve for catastrophe
|
Retrospective application and retrospective restatement
|
|||||||||
Statement of changes in equity
|
|||||||||
Equity at beginning of period
|
0
|
0
|
4,254,280,000
|
0
|
-126,845,000
|
0
|
0
|
0
|
0
|
Changes in equity
|
|||||||||
Comprehensive income
|
|||||||||
Profit (loss)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Other comprehensive income
|
0
|
0
|
596,835,000
|
0
|
0
|
0
|
0
|
0
|
0
|
Total comprehensive income
|
0
|
0
|
596,835,000
|
0
|
0
|
0
|
0
|
0
|
0
|
Issue of equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Dividends recognised as distributions to owners
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase through other contributions by owners, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Decrease through other distributions to owners, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through other changes, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through treasury share transactions, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through share-based payment transactions, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of cash flow hedges and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of time value of options and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of forward elements of forward contracts and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of foreign currency basis spreads and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Total increase (decrease) in equity
|
0
|
0
|
596,835,000
|
0
|
0
|
0
|
0
|
0
|
0
|
Equity at end of period
|
0
|
0
|
4,851,115,000
|
0
|
-126,845,000
|
0
|
0
|
0
|
0
|
Components of equity
|
|||||||
Page 3 to 3
|
Reserve for equalisation
|
Reserve of discretionary participation features
|
Other comprehensive income
|
Other reserves
|
Equity attributable to owners of parent
|
Non-controlling interests
|
Equity
|
Retrospective application and retrospective restatement
|
|||||||
Statement of changes in equity
|
|||||||
Equity at beginning of period
|
0
|
0
|
311,229,000
|
5,257,554,000
|
87,382,935,000
|
12,138,842,000
|
99,521,777,000
|
Changes in equity
|
|||||||
Comprehensive income
|
|||||||
Profit (loss)
|
0
|
0
|
0
|
0
|
2,016,293,000
|
730,778,000
|
2,747,071,000
|
Other comprehensive income
|
0
|
0
|
-6,211,000
|
1,117,825,000
|
1,117,825,000
|
31,901,000
|
1,149,726,000
|
Total comprehensive income
|
0
|
0
|
-6,211,000
|
1,117,825,000
|
3,134,118,000
|
762,679,000
|
3,896,797,000
|
Issue of equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Dividends recognised as distributions to owners
|
0
|
0
|
0
|
0
|
1,084,192,000
|
12,799,000
|
1,096,991,000
|
Increase through other contributions by owners, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Decrease through other distributions to owners, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through other changes, equity
|
0
|
0
|
0
|
0
|
0
|
165,000
|
165,000
|
Increase (decrease) through treasury share transactions, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity
|
0
|
0
|
0
|
0
|
-4,723,297,000
|
-291,259,000
|
-5,014,556,000
|
Increase (decrease) through share-based payment transactions, equity
|
0
|
0
|
0
|
0
|
678,371,000
|
0
|
678,371,000
|
Amount removed from reserve of cash flow hedges and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of time value of options and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of forward elements of forward contracts and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of foreign currency basis spreads and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Total increase (decrease) in equity
|
0
|
0
|
-6,211,000
|
1,117,825,000
|
-1,995,000,000
|
458,786,000
|
-1,536,214,000
|
Equity at end of period
|
0
|
0
|
305,018,000
|
6,375,379,000
|
85,387,935,000
|
12,597,628,000
|
97,985,563,000
|
Components of equity
|
|||||||||
Page 1 to 3
|
Issued capital
|
Share premium
|
Treasury shares
|
Retained earnings
|
Revaluation surplus
|
Reserve of exchange differences on translation
|
Reserve of cash flow hedges
|
Reserve of gains and losses on hedging instruments that hedge investments in equity instruments
|
Reserve of change in value of time value of options
|
Retrospective application and retrospective restatement
|
|||||||||
Statement of changes in equity
|
|||||||||
Equity at beginning of period
|
4,978,126,000
|
15,889,819,000
|
12,647,475,000
|
62,905,444,000
|
0
|
348,429,000
|
-171,351,000
|
0
|
0
|
Changes in equity
|
|||||||||
Comprehensive income
|
|||||||||
Profit (loss)
|
0
|
0
|
0
|
2,782,177,000
|
0
|
0
|
0
|
0
|
0
|
Other comprehensive income
|
0
|
0
|
0
|
0
|
0
|
139,287,000
|
-14,613,000
|
0
|
0
|
Total comprehensive income
|
0
|
0
|
0
|
2,782,177,000
|
0
|
139,287,000
|
-14,613,000
|
0
|
0
|
Issue of equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Dividends recognised as distributions to owners
|
0
|
0
|
0
|
1,084,192,000
|
0
|
0
|
0
|
0
|
0
|
Increase through other contributions by owners, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Decrease through other distributions to owners, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through other changes, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through treasury share transactions, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through share-based payment transactions, equity
|
0
|
0
|
-745,531,000
|
-203,586,000
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of cash flow hedges and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of time value of options and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of forward elements of forward contracts and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of foreign currency basis spreads and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Total increase (decrease) in equity
|
0
|
0
|
-745,531,000
|
1,494,399,000
|
0
|
139,287,000
|
-14,613,000
|
0
|
0
|
Equity at end of period
|
4,978,126,000
|
15,889,819,000
|
11,901,944,000
|
64,399,843,000
|
0
|
487,716,000
|
-185,964,000
|
0
|
0
|
Components of equity
|
|||||||||
Page 2 to 3
|
Reserve of change in value of forward elements of forward contracts
|
Reserve of change in value of foreign currency basis spreads
|
Reserve of gains and losses on remeasuring available-for-sale financial assets
|
Reserve of share-based payments
|
Reserve of remeasurements of defined benefit plans
|
Amount recognised in other comprehensive income and accumulated in equity relating to non-current assets or disposal groups held for sale
|
Reserve of gains and losses from investments in equity instruments
|
Reserve of change in fair value of financial liability attributable to change in credit risk of liability
|
Reserve for catastrophe
|
Retrospective application and retrospective restatement
|
|||||||||
Statement of changes in equity
|
|||||||||
Equity at beginning of period
|
0
|
0
|
5,175,039,000
|
0
|
35,422,000
|
0
|
0
|
0
|
0
|
Changes in equity
|
|||||||||
Comprehensive income
|
|||||||||
Profit (loss)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Other comprehensive income
|
0
|
0
|
581,258,000
|
0
|
0
|
0
|
0
|
0
|
0
|
Total comprehensive income
|
0
|
0
|
581,258,000
|
0
|
0
|
0
|
0
|
0
|
0
|
Issue of equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Dividends recognised as distributions to owners
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase through other contributions by owners, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Decrease through other distributions to owners, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through other changes, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through treasury share transactions, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through share-based payment transactions, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of cash flow hedges and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of time value of options and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of forward elements of forward contracts and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of foreign currency basis spreads and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Total increase (decrease) in equity
|
0
|
0
|
581,258,000
|
0
|
0
|
0
|
0
|
0
|
0
|
Equity at end of period
|
0
|
0
|
5,756,297,000
|
0
|
35,422,000
|
0
|
0
|
0
|
0
|
Components of equity
|
|||||||
Page 3 to 3
|
Reserve for equalisation
|
Reserve of discretionary participation features
|
Other comprehensive income
|
Other reserves
|
Equity attributable to owners of parent
|
Non-controlling interests
|
Equity
|
Retrospective application and retrospective restatement
|
|||||||
Statement of changes in equity
|
|||||||
Equity at beginning of period
|
0
|
0
|
291,524,000
|
5,679,063,000
|
76,804,977,000
|
11,110,104,000
|
87,915,081,000
|
Changes in equity
|
|||||||
Comprehensive income
|
|||||||
Profit (loss)
|
0
|
0
|
0
|
0
|
2,782,177,000
|
770,508,000
|
3,552,685,000
|
Other comprehensive income
|
0
|
0
|
-11,440,000
|
694,492,000
|
694,492,000
|
24,013,000
|
718,505,000
|
Total comprehensive income
|
0
|
0
|
-11,440,000
|
694,492,000
|
3,476,669,000
|
794,521,000
|
4,271,190,000
|
Issue of equity
|
0
|
0
|
0
|
0
|
0
|
-95,500,000
|
-95,500,000
|
Dividends recognised as distributions to owners
|
0
|
0
|
0
|
0
|
1,084,192,000
|
7,702,000
|
1,091,894,000
|
Increase through other contributions by owners, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Decrease through other distributions to owners, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through other changes, equity
|
0
|
0
|
0
|
0
|
0
|
55,000
|
55,000
|
Increase (decrease) through treasury share transactions, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Increase (decrease) through share-based payment transactions, equity
|
0
|
0
|
0
|
0
|
541,945,000
|
0
|
541,945,000
|
Amount removed from reserve of cash flow hedges and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of time value of options and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of forward elements of forward contracts and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Amount removed from reserve of change in value of foreign currency basis spreads and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Total increase (decrease) in equity
|
0
|
0
|
-11,440,000
|
694,492,000
|
2,934,422,000
|
691,374,000
|
3,625,796,000
|
Equity at end of period
|
0
|
0
|
280,084,000
|
6,373,555,000
|
79,739,399,000
|
11,801,478,000
|
91,540,877,000
|
Close Current Quarter
2016-06-30
|
Close Previous Exercise
2015-12-31
|
|
Informative data of the Statement of Financial Position
|
||
Capital stock (nominal)
|
2,494,410,000
|
2,494,410,000
|
Restatement of capital stock
|
2,483,716,000
|
2,483,716,000
|
Plan assets for pensions and seniority premiums
|
2,003,431,000
|
2,035,168,000
|
Number of executives
|
79
|
77
|
Number of employees
|
43257
|
43887
|
Number of workers
|
0
|
0
|
Outstanding shares
|
342,203,813,679
|
338,468,382,759
|
Repurchased shares
|
20,226,073,452
|
23,961,504,372
|
Restricted cash
|
0
|
0
|
Guaranteed debt of associated companies
|
0
|
0
|
Accumulated Current Year
2016-01-01 - 2016-06-30
|
Accumulated Previous Year
2015-01-01 - 2015-06-30
|
Quarter Current Year
2016-04-01 - 2016-06-30
|
Quarter Previous Year
2015-04-01 - 2015-06-30
|
|
Informative data of the Income Statement
|
||||
Operating depreciation and amortization
|
8,284,805,000
|
6,955,893,000
|
4,274,924,000
|
3,612,756,000
|
Current Year
2015-07-01 - 2016-06-30
|
Previous Year
2014-07-01 - 2015-06-30
|
|
Informative data - Income Statement for 12 months
|
||
Revenue
|
92,471,191,000
|
84,694,992,000
|
Profit (loss) from operating activities
|
17,176,985,000
|
15,136,482,000
|
Profit (loss)
|
11,519,836,000
|
6,386,231,000
|
Profit (loss), attributable to owners of parent
|
10,133,251,000
|
5,103,630,000
|
Operating depreciation and amortization
|
15,989,841,000
|
13,186,655,000
|
Credit Type / Institution
|
Foreign institution (Yes/No)
|
Contract signin date
|
Expiration date
|
Interest rate
|
Denomination
|
|||||||||||
Domestic currency
|
Foreign currency
|
|||||||||||||||
Time interval
|
Time Interval
|
|||||||||||||||
Current year
|
Until 1 year
|
Until 2 years
|
Until 3 years
|
Until 4 years
|
Until 5 yeras or more
|
Current year
|
Until 1 year
|
Until 2 years
|
Until 3 years
|
Until 4 years
|
Until 5 years or more
|
|||||
Banking
|
||||||||||||||||
Foreign trade (banking )
|
||||||||||||||||
TOTAL
|
NO
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|||
Banks – secured
|
||||||||||||||||
TOTAL
|
NO
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|||
Commercial Banks
|
||||||||||||||||
BANCO MERCANTIL DEL NORTE, S.A.1
|
NO
|
2015-05-15
|
2022-04-30
|
TIIE+1.30
|
40,345,000
|
181,551,000
|
242,068,000
|
242,068,000
|
1,032,963,000
|
|||||||
HSBC 2
|
NO
|
2011-03-28
|
2018-03-30
|
TIIE+117.5
|
1,249,156,000
|
|||||||||||
AF BANREGIO, S.A. DE C.V. 3
|
NO
|
2012-10-04
|
2017-10-02
|
TIIE+2.50
|
4,875,000
|
4,950,000
|
10,975,000
|
|||||||||
HSBC 4
|
NO
|
2013-05-29
|
2019-05-29
|
TIIE+1.70
|
48,626,000
|
16,209,000
|
64,836,000
|
228,586,000
|
||||||||
HSBC 5
|
NO
|
2014-07-04
|
2019-07-04
|
TIIE+1.40
|
298,819,000
|
|||||||||||
BANCO SANTANDER 6
|
NO
|
2015-03-12
|
2021-05-11
|
TIIE+1.30
|
249,333,000
|
|||||||||||
BANCO SANTANDER 7
|
NO
|
2015-01-08
|
2019-09-10
|
TIIE+1.40
|
249,540,000
|
|||||||||||
HSBC 8
|
NO
|
2016-03-08
|
2023-03-08
|
7.13
|
2,500,000,000
|
|||||||||||
SCOTIABANK 9
|
NO
|
2016-03-08
|
2023-03-08
|
7
|
3,000,000,000
|
|||||||||||
TOTAL
|
NO
|
93,846,000
|
21,159,000
|
1,506,518,000
|
470,654,000
|
790,427,000
|
6,782,296,000
|
0
|
0
|
0
|
0
|
0
|
0
|
|||
Other banks
|
||||||||||||||||
TOTAL
|
NO
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|||
Total banks
|
||||||||||||||||
TOTAL
|
NO
|
93,846,000
|
21,159,000
|
1,506,518,000
|
470,654,000
|
790,427,000
|
6,782,296,000
|
0
|
0
|
0
|
0
|
0
|
0
|
|||
Stock market (abstract
|
||||||||||||||||
Listed on stock Exchange – unsecured
|
||||||||||||||||
SENIOR NOTES 1
|
YES
|
2007-05-09
|
2037-05-11
|
8.93
|
4,484,834,000
|
|||||||||||
NOTES 1
|
NO
|
2010-10-14
|
2020-10-01
|
7.38
|
9,969,436,000
|
|||||||||||
SENIOR NOTES 2
|
YES
|
2013-05-14
|
2043-05-14
|
7.25
|
6,436,251,000
|
|||||||||||
NOTES 2
|
NO
|
2014-04-07
|
2021-04-01
|
TIIE+0.35
|
5,990,001,000
|
|||||||||||
NOTES 3
|
NO
|
2015-05-11
|
2022-05-02
|
TIIE+0.35
|
4,989,803,000
|
|||||||||||
SENIOR NOTES 3
|
YES
|
2008-05-06
|
2018-05-15
|
6.31
|
9,087,133,000
|
|||||||||||
SENIOR NOTES 4
|
YES
|
2005-03-18
|
2025-03-18
|
6.97
|
10,584,792,000
|
|||||||||||
SENIOR NOTES 5
|
YES
|
2002-03-11
|
2032-03-11
|
8.94
|
5,432,182,000
|
|||||||||||
SENIOR NOTES 6
|
YES
|
2009-11-23
|
2040-01-15
|
6.97
|
10,770,854,000
|
|||||||||||
SENIOR NOTES 7
|
YES
|
2014-05-13
|
2045-05-13
|
5
|
17,710,923,000
|
|||||||||||
SENIOR NOTES 8
|
YES
|
2015-11-24
|
2026-01-30
|
4.625
|
5,413,221,000
|
|||||||||||
SENIOR NOTES 9
|
YES
|
2015-11-24
|
2046-01-31
|
6.125
|
16,239,173,000
|
|||||||||||
TOTAL
|
NO
|
0
|
0
|
0
|
0
|
0
|
31,870,325,000
|
0
|
0
|
9,087,133,000
|
0
|
0
|
66,151,145,000
|
|||
Listed on stock exchange – secured
|
||||||||||||||||
TOTAL
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
||||
Private placements – unsecured
|
||||||||||||||||
TOTAL
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
||||
Private placements – secured
|
||||||||||||||||
TOTAL
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
||||
Total listed on stock exchanges and prívate placements
|
||||||||||||||||
TOTAL
|
NO
|
0
|
0
|
0
|
0
|
0
|
31,870,325,000
|
0
|
0
|
9,087,133,000
|
0
|
0
|
66,151,145,000
|
Other current and non-current liabilities with cost
|
||||||||||||||||
Other currents and non-current liabilities with cost
|
||||||||||||||||
GRUPO DE TELECOMUNICACIONES DE ALTA CAPACIDAD 1
|
NO
|
2012-08-08
|
2020-07-01
|
102,508,000
|
90,066,000
|
92,047,000
|
94,450,000
|
97,236,000
|
||||||||
GE CAPITAL CFE MÉXICO, S. DE R.L. DE C.V. 1
|
NO
|
2014-07-01
|
2019-08-01
|
13,481,000
|
13,255,000
|
25,861,000
|
25,045,000
|
4,956,000
|
||||||||
ALD AUTOMOTIVE, S.A. DE C.V. 1
|
NO
|
2013-12-01
|
2016-04-01
|
1,769,000
|
||||||||||||
GE CAPITAL CFE MÉXICO, S. DE R.L. DE C.V. 2
|
NO
|
2014-11-01
|
2017-11-01
|
16,479,000
|
18,182,000
|
30,512,000
|
20,047,000
|
33,723,000
|
||||||||
GRUPO DE TELECOMUNICACIONES DE ALTA CAPACIDAD 2
|
NO
|
2012-08-01
|
2021-07-01
|
46,937,000
|
19,740,000
|
21,837,000
|
22,764,000
|
48,527,000
|
||||||||
INTELSAT GLOBAL SALES 1
|
YES
|
2012-10-01
|
2027-09-01
|
146,679,000
|
152,115,000
|
321,351,000
|
345,610,000
|
371,701,000
|
3,679,965,000
|
|||||||
GE CAPITAL CFE MÉXICO, S. DE R.L. DE C.V. 3
|
NO
|
2013-05-29
|
2017-07-01
|
3,266,000
|
2,546,000
|
706,000
|
||||||||||
CISCO SYSTEMS CAPITAL CORPORATION 1
|
YES
|
2012-10-10
|
2016-08-27
|
4,824,000
|
||||||||||||
GRUPO DE TELECOMUNICACIONES DE ALTA CAPACIDAD 3
|
NO
|
2014-11-01
|
2022-11-01
|
10,122,000
|
1,731,000
|
3,119,000
|
3,208,000
|
10,236,000
|
||||||||
GRUPO DE TELECOMUNICACIONES DE ALTA CAPACIDAD 4
|
NO
|
2014-11-01
|
2022-01-01
|
10,436,000
|
5,290,000
|
5,448,000
|
5,590,000
|
5,740,000
|
24,872,000
|
|||||||
CVQ 1
|
NO
|
2016-03-01
|
2020-03-04
|
1,151,920,000
|
1,187,500,000
|
1,187,500,000
|
||||||||||
TOTAL
|
NO
|
201,732,000
|
36,727,000
|
1,325,278,000
|
1,355,185,000
|
1,352,341,000
|
180,871,000
|
154,769,000
|
154,661,000
|
322,057,000
|
345,610,000
|
371,701,000
|
3,679,965,000
|
|||
Total other current and non-current liabilities with cost
|
||||||||||||||||
TOTAL
|
NO
|
201,732,000
|
36,727,000
|
1,325,278,000
|
1,355,185,000
|
1,352,341,000
|
180,871,000
|
154,769,000
|
154,661,000
|
322,057,000
|
345,610,000
|
371,701,000
|
3,679,965,000
|
|||
Suppliers
|
||||||||||||||||
Suppliers
|
||||||||||||||||
PROVEEDORES 1
|
NO
|
2016-07-01
|
2017-06-30
|
15,260,831,000
|
5,236,123,000
|
|||||||||||
DERECHOS DE TRANSMISION 1
|
NO
|
2012-05-07
|
2028-06-27
|
374,552,000
|
93,207,000
|
15,359,000
|
10,711,000
|
77,795,000
|
2,262,924,000
|
1,176,349,000
|
531,744,000
|
212,752,000
|
394,872,000
|
|||
TOTAL
|
NO
|
0
|
15,635,383,000
|
93,207,000
|
15,359,000
|
10,711,000
|
77,795,000
|
0
|
7,499,047,000
|
1,176,349,000
|
531,744,000
|
212,752,000
|