CONSOLIDATED STATEMENTS OF CHANGES IN
STOCKHOLDERS’ EQUITY

For the years ended December 31, 2015 y 2014
(In thousands of Mexican pesos)

    Capital Stock   Additional Paid-In Capital   Retained Earnings   Valuation of Derivative Financial Instruments   Remeasurement of Defined Benefits Obligation   Effects of foreign currency translation   Total Stockholders’ Equity
Balances as of January 1, 2014 $ 202,978 $ 139,386 $ 5,438,701 $ (9,614) $ (18,887) $ - $ 5,752,564
Capital increase   25                       25
Dividends declared           (100,313)               (100,313)
Comprehensive income           442,457   (105,757)   (16,700)       320,000
Balance as of December 31, 2014   203,003   139,386   5,780,845   (115,371)   (35,587)       5,972,276
Capital increase   25                       25
Dividends declared           (108,838)               (108,838)
Comprehensive income           701,325   (38,250)   (18,895)   (36,581)   607,599
Balances as of December 31, 2015 $ 203,028 $ 139,386 $ 6,373,332 $ (153,621) $ (54,482) $ (36,581) $ 6,471,062

See accompanying notes to these consolidated financial statements.