Grupo Lamosa, S. A. B. de C. V. and Subsidiaries
As of December 31, 2019 and 2018
(In thousands of Mexican pesos)
| NOTES | 2019 | 2018 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current assets: | |||||
| Cash and cash equivalents | 6 | $ | 1,226,968 | $ | 360,130 |
| Accounts receivable, net | 7 | 3,208,221 | 3,330,271 | ||
| Inventories | 8 | 2,421,684 | 2,480,041 | ||
| Other current assets | 9 | 488,278 | 523,102 | ||
| Current assets | 7,345,151 | 6,693,544 | |||
| Real estate inventories | 10 | 112,963 | 112,963 | ||
| Property, plant and equipment, net | 11 | 8,646,667 | 8,865,828 | ||
| Right-of-use assets | 16 | 174,404 | - | ||
| Intangible assets, net | 12 | 5,726,267 | 5,705,096 | ||
| Deferred income taxes | 21 | 1,018,697 | 1,209,230 | ||
| Other non-current assets | 13 | 222,746 | 197,465 | ||
| Total | $ | 23,246,895 | $ | 22,784,126 | |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | |||||
| Current liabilities: | |||||
| Current portion of long-term debt | 15 | $ | 143,185 | $ | 888,030 |
| Current portion of finance lease liability | 16 | 68,150 | 51,528 | ||
| Trade accounts payable | 1,562,353 | 1,815,938 | |||
| Income taxes | 21 | 365,570 | 234,150 | ||
| Other current liabilities | 14 | 1,405,464 | 1,465,669 | ||
| Current liabilities | 3,544,722 | 4,455,315 | |||
| Long-term debt | 15 | 7,982,591 | 7,270,592 | ||
| Finance leases | 16 | 112,191 | 13,954 | ||
| Employee benefits | 17 | 502,875 | 365,400 | ||
| Long term provisions | 23 | 99,564 | 71,489 | ||
| Income taxes | 21 | 596,874 | 959,989 | ||
| Deferred income taxes | 21 | 311,290 | 315,041 | ||
| Total liabilities | 13,150,107 | 13,451,780 | |||
| Stockholders’ equity: | |||||
| Capital stock | 18 | 203,053 | 203,053 | ||
| Purchase of treasury stock | 18 | (130,180) | (72,424) | ||
| Additional paid-in-capital | 18 | 139,386 | 139,386 | ||
| Retained earnings | 10,594,946 | 9,462,636 | |||
| Other comprehensive loss items | 5 and 17 | (710,417) | (400,305) | ||
| Total stockholders’ equity | 10,096,788 | 9,332,346 | |||
| Total | $ | 23,246,895 | $ | 22,784,126 |
See accompanying notes to these consolidated financial statements.
Ing. Federico Toussaint Elosúa
Chief Executive Officer
Ing. Jorge Antonio Touché Zambrano
Chief Financial Officer