CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

As of December 31, 2014 and 2013
(In thousands of Mexican pesos)
  NotEs   2014   2013  
Assets            
Current assets:
           
Cash and cash equivalents 7 $ 290,270 $ 626,945  
Accounts receivable, net 8   2,310,886   2,376,266  
Inventories 9   1,366,338   1,393,244  
Other current assets 10   857,818   726,136  
Assets classified as held for sale 19   804,109      
Current assets     5,629,421   5,122,591  
Real estate inventories 11   155,759   193,916  
Property, plant and equipment, net 12   4,467,479   5,048,131  
Intangible assets, net 13   4,396,039   4,279,337  
Deferred income taxes 14   353,976   329,081  
Other non-current assets     74,292   69,778  
Total   $ 15,076,966 $ 15,042,834  
             
Liabilities and stockholders’ equity            
Current liabilities:            
Current portion of long-term debt 15 $ 141,872 $ 327,349  
Current portion of finance lease liability 16   33,030   36,818  
Current portion of derivative financial instruments 6   93,394      
Trade accounts payable     939,072   1,010,972  
Income taxes for tax consolidation 22   157,621   570,814  
Other current liabilities 14   658,400   664,239  
Liabilities associated with assets classified as held for sale 19   267,428      
Current liabilities     2,290,817   2,610,192  
Long-term debt 15   4,412,310   4,726,924  
Finance leases 16   107,294   57,679  
Employee benefits 17   281,593   283,749  
Derivative financial instruments 6   63,283   13,378  
Income taxes for tax consolidation 22   1,949,393   1,598,348  
Total liabilities     9,104,690   9,290,270  
Stockholders’ equity:            
Capital stock 18   203,003   202,978  
Additional paid-in capital 18   139,386   139,386  
Retained earnings     5,780,845   5,438,701  
Other comprehensive income items 6, 17   (150,958)   (28,501)  
Total stockholders’ equity     5,972,276   5,752,564  
Total   $ 15,076,966 $ 15,042,834  

ING. FEDERICO TOUSSAINT ELOSÚA

Chief Executive Officer

ING. TOMÁS LUIS GARZA DE LA GARZA

Chief Financial Officer

See accompanying notes to these consolidated financial statements.