Grupo Lamosa, S. A. B. de C. V. and Subsidiaries
For the years ended December 31, 2019 and 2018
(In thousands of Mexican pesos)
| NOTES | 2019 | 2018 | |||
|---|---|---|---|---|---|
| Net income of the year | $ | 1,427,034 | $ | 1,355,360 | |
| Other comprehensive income items: | |||||
| Item that can be potentially reclassified to net income of the year: | |||||
| Valuation of derivative financial instruments, net of taxes | 21 | (1,538) | 66,220 | ||
| Cumulative translation adjustments | 18.h | (229,232) | (482,624) | ||
| (230,770) | (416,404) | ||||
| Item that cannot be potentially reclassified to net income of the year: | |||||
| Actuarial remeasurements of defined benefits obligation | 17 and 21 | (79,342) | 3,547 | ||
| (79,342) | 3,547 | ||||
| Total other comprehensive items | (310,112) | (412,857) | |||
| Total comprehensive income of the year | $ | 1,116,922 | $ | 942,503 |
See accompanying notes to these consolidated financial statements.