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CFE Comisión Federal de ElectricidadⓇ Total Revenues 242.3 (MXN $billion) | 10.3% 217.4 39.4 13.0 8.9% 124.3 114.1 12.5 6.5 21.5 23.6 0.3 2.3 13.7 12.9 1.4 21.1 0.3 11.3 1.3 1.2 178.8 158.5 1H 2017 1H 2018 93.0 2Q 2017 85.7 2Q 2018 ■ Energy sales ■ Energy transportation revenue ■Fuel sales to third parties ■Subsidy income Other income Total revenues for 1H 2018 decreased by 10.3% with respect to 1H 2017, mainly due to lower electricity rates Total revenues for 2Q 2018 increased by 8.9% with respect to 2Q 2017, mainly due to higher income from fuel sales to third parties Source: CFE. 18

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