Consolidated statements of comprehensive income, by expenses function

(Notes 1, 2 and 3)
Thousands of pesos,
except earnings per share

    Year ended on
December 31,
  Note 2017 2016
      Restated (*)
Operating revenue:      
Net sales of merchandise   $ 107,207,837 $ 87,463,880
Interest earn from customers   10,480,928 9,365,108
Leasing income   3,104,213 3,179,298
Services and others   1,375,301 433,250
Total revenue 2.22 122,168,279 100,441,536
       
Costs and Expenses:      
Cost of sales   73,387,487 60,107,806
Administrative expenses   33,549,108 26,927,339
Total costs and expenses 23 106,936,595 87,035,145
Operating income   15,231,684 13,406,391
Interest expense   (2,770,722) (1,344,225)
Foreign exchange loss   (4,366,841) (324,047)
Financing cost   (7,137,563) (1,668,272)
Foreign exchange gain   3,471,895 1,073,848
Finance income   681,631 335,426
Equity in the results of associates 11 and 24 628,030 715,672
Profit before income tax   12,875,677 13,863,065
Income tax 21 and 24 2,989,340 3,724,156
Consolidated net income   9,886,337 10,138,909
       
Other comprehensive income, net of taxes:      
Components to be subsequently reclassified to income      
Cash flow hedges- Net of income tax   539,908 652,371
Translation effect of investment in associates- net   (503,105) 730,400
       
Components to not to be subsequently reclassified      
Remediation of the liability for defined benefits-
Net of income tax		 17 (130,520) (242,488)
Consolidated comprehensive income   $ 9,792,620 $ 11,279,192
       
Net income attributable to:      
Controlling interest   $ 9,885,690 $ 10,140,432
Non-controlling interests   647 (1,523)
    $ 9,886,337 $ 10,138,909
       
Basic and diluted earnings per share 20.4 $ 7.37 $ 7.55
       
Comprehensive income attributable to:
      
       
Controlling interest   $ 9,791,382 $ 11,280,703
Non-controlling interests   1,238 (1,511)
    $ 9,792,620 $ 11,279,192
       
Basic and diluted earnings per share   $ 7.30 $ 8.40

(*) See Note 24
The accompanying notes are an integral part of these consolidated financial statements.