CONSOLIDATED STATEMENTS OF
Financial Position

December 31, 2023 and 2022
Figures expressed in thousands of pesos

  Note   2023   2022
Assets          
CURRENT ASSETS:          
Cash and cash equivalents 7 $ 29,807,166 $ 24,516,254
Short-term loan portfolio - Net 8   45,021,773   36,976,167
Value added tax recoverable     2,053,523   2,475,026
Other accounts receivable - Net 9   3,330,978   1,314,613
Inventory     28,238,590   28,140,676
Prepaid expenses     1,157,812   1,123,814
Derivative financial instruments 10   1,209,410   -
Other financial assets     302,227   -
Total current assets     111,121,479   94,546,550
           
NON - CURRENT ASSETS:          
Long-term loan portfolio - Net 8   11,951,637   9,336,078
Long-term other accounts receivable - Net 9   338,336   290,939
Derivative financial instruments 10   -   2,186,440
Investments in associates 11   11,117,785   10,011,058
Investment properties - Net 12   22,886,294   23,507,742
Property, furniture and equipment - Net 13   59,407,919   55,552,887
Intangible assets - Net 14   15,612,080   15,534,602
Financial asset at fair value through other comprehensive income 15   4,910,597   4,951,323
Right of use assets 19   12,537,638   12,353,928
Deferred income tax 22.2   9,270,406   7,603,411
Total assets   $ 259,154,171 $ 235,874,958
Liabilities          
CURRENT LIABILITIES:          
Suppliers   $ 37,845,939 $ 33,197,928
Creditors     13,922,242   12,137,003
Provisions 16   5,519,608   4,751,726
Short-term debt 17   5,749,055   674,124
Deferred income 8.1   2,917,793   2,738,667
Short-term lease liabilities 19   2,346,729   2,224,771
Short-term derivative financial instruments 10   639,650   -
Income tax payable     946,370   1,213,903
Total current liabilities     69,887,386   56,938,122
NON - CURRENT LIABILITIES:          
Long-term debt 17   21,906,594   29,030,916
Long-term derivative financial instruments 10   1,197,410   -
Long-term lease liabilities 19   11,776,558   11,394,267
Employee benefits - Net 18   3,650,540   3,084,540
Deferred income tax 22.2   3,235,964   2,972,597
Total liabilities     111,654,452   103,420,442
Stockholders’ equity:          
Capital stock 21   3,374,282   3,374,282
Retained earnings     134,543,770   118,914,242
Capital reserves 21.2   9,294,300   9,894,258
Stockholders’ investment in controlling interest     147,212,352   132,182,782
Non-controlling interests     287,367   271,734
Total stockholders’ equity     147,499,719   132,454,516
Total liabilities and equity   $ 259,154,171 $ 235,874,958

The accompanying notes are an integral part of these consolidated financial statements.