CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
December 31, 2025 and 2024
Figures expressed in thousands of pesos
| Note | 2025 | 2024 | |||
|---|---|---|---|---|---|
| Assets | |||||
| CURRENT ASSETS: | |||||
| Cash and cash equivalents | 7 | $ | 25,265,098 | $ | 24,728,179 |
| Short-term loan portfolio - Net | 8 | 56,149,104 | 50,437,701 | ||
| Value added tax recoverable | 2,645,914 | 3,098,483 | |||
| Recoverable tax | 1,037,064 | - | |||
| Other accounts receivable - Net | 9 | 4,384,233 | 3,491,535 | ||
| Inventory | 37,250,159 | 35,039,249 | |||
| Prepaid expenses | 2,714,744 | 2,493,768 | |||
| Derivative financial instruments | 10 | - | 326,400 | ||
| Other financial assets | 10 | 803,368 | - | ||
| Total current assets | 130,249,684 | 119,615,315 | |||
| NON - CURRENT ASSETS: | |||||
| Long-term loan portfolio - Net | 8 | 15,327,856 | 13,894,015 | ||
| Long-term other accounts receivable - Net | 9 | 226,832 | 298,071 | ||
| Derivative financial instruments | 10 | - | 718,149 | ||
| Investments in associates | 11 | 32,921,149 | 11,478,050 | ||
| Investment properties - Net | 12 | 26,664,479 | 24,857,941 | ||
| Property, furniture and equipment - Net | 13 | 67,291,876 | 64,025,405 | ||
| Intangible assets - Net | 14 | 17,103,838 | 16,414,339 | ||
| Financial asset at fair value through other comprehensive income | 15 | - | 7,711,748 | ||
| Right of use assets | 20 | 12,930,894 | 12,880,410 | ||
| Deferred income tax | 23.2 | 10,019,099 | 8,835,948 | ||
| Total assets | $ | 312,735,707 | $ | 280,729,391 | |
| Liabilities | |||||
| CURRENT LIABILITIES: | |||||
| Suppliers | 16 | $ | 39,320,457 | $ | 38,230,342 |
| Creditors | 15,690,290 | 15,731,235 | |||
| Provisions | 17 | 7,415,053 | 5,931,963 | ||
| Short-term debt | 18 | 10,348,776 | 602,989 | ||
| Deferred income | 8.4 | 3,007,848 | 3,104,056 | ||
| Short-term lease liabilities | 20 | 2,659,728 | 2,676,760 | ||
| Short-term derivative financial instruments | 10 | 872,262 | - | ||
| Income tax payable | - | 1,653,766 | |||
| Total current liabilities | 79,314,414 | 67,931,111 | |||
| NON - CURRENT LIABILITIES: | |||||
| Long-term debt | 18 | 31,466,700 | 23,585,972 | ||
| Long-term derivative financial instruments | 10 | 2,232,572 | - | ||
| Long-term lease liabilities | 20 | 12,352,639 | 12,108,520 | ||
| Employee benefits - Net | 19 | 4,591,044 | 3,782,529 | ||
| Deferred income tax | 23.2 | 3,408,855 | 3,607,374 | ||
| Total liabilities | 133,366,224 | 111,015,506 | |||
| STOCKHOLDERS’ EQUITY: | |||||
| Capital stock | 22 | 3,374,282 | 3,374,282 | ||
| Retained earnings | 166,168,026 | 153,668,851 | |||
| Capital reserves | 22.2 | 9,513,714 | 12,367,198 | ||
| Stockholders’ investment in controlling interest | 179,056,022 | 169,410,331 | |||
| Non-controlling interests | 313,461 | 303,554 | |||
| Total stockholders’ equity | 179,369,483 | 169,713,885 | |||
| Total liabilities and equity | $ | 312,735,707 | $ | 280,729,391 |
The accompanying notes are an integral part of the consolidated financial statements.