Lamosa 2017 Annual Report

Consolidated Statements of Financial Position

Grupo Lamosa, S.A.B. de C.V. and Subsidiaries
As of December 31, 2017 and 2016
(In thousands of Mexican pesos)

  NOTES   2017   2016
Assets          
Current assets:          
Cash and cash equivalents 7 $ 713,523 $ 538,866
Accounts receivable, net 8   3,384,338   3,128,598
Inventories 9   2,468,688   2,679,417
Other current assets 10   253,916   467,591
Current assets     6,820,465   6,814,472
Real estate inventories 11   112,963   126,172
Property, plant and equipment, net 12   8,901,771   9,093,138
Intangible assets, net 13   5,988,909   6,077,713
Deferred income taxes 21   1,150,823   705,207
Other non–current assets     124,419   89,029
Total   $ 23,099,350 $ 22,905,731
           
Liabilities and stockholders’ equity          
Current liabilities:          
Current portion of long–term debt 15 $ 461,595 $ 426,985
Current portion of finance lease liability 16   52,328   51,566
Current portion of derivative financial instruments 6   95,109   49,410
Trade accounts payable     1,942,369   1,843,972
Income taxes 21   421,707   470,383
Other current liabilities 14   1,440,228   1,396,916
Current liabilities     4,413,336   4,239,232
Long–term debt 15   8,024,381   9,318,689
Finance leases 16   48,091   80,979
Employee benefits 17   365,567   315,443
Derivative financial instruments 6   -   69,637
Long term provisions 23   82,864   74,874
Income taxes 21   1,170,047   1,236,928
Deferred income taxes 21   337,289   344,258
Total liabilities     14,441,575   15,680,040
Stockholders’ equity:          
Capital stock 18   203,053   203,053
Additional paid–in–capital 18   139,386   139,386
Retained earnings     8,302,784   6,855,140
Other comprehensive income items 6 y 17   12,552   28,112
Total stockholders’ equity     8,657,775   7,225,691
Total   $ 23,099,350 $ 22,905,731

 

See accompanying notes to these consolidated financial statements.

 

Ing. Federico Toussaint Elosúa
Chief Executive Officer

Ing. Tomás Luis Garza de la Garza
Chief Financial Officer