Jose Cuervo Financial Overview

Consolidated Statements of Cash Flows Operating activities: Annual 2022 Jose Cuervo 9 months ended September 30th Last 12 months 2022 2023 2023 2023 in US$ (1) Income before income taxes 8,231 6,317 3,849 5,763 327 Adjustment from items not implying cash flows: Depreciation and amortization 953 642 796 1,107 63 Loss on sale of property, plant and equipment 68 56 13 25 1 Non-cash items (54) 213 181 (86) (5) Interest income (143) (101) (209) (251) (14) Unrealized foreign exchange (386) (326) (364) (424) (24) Interest expense 519 391 523 651 37 Equity Method 39 39 2 Net cost for the period of employee benefits 54 32 86 5 Subtotal 9,281 7,191 4,821 6,911 Net decrease in accounts (11,025) (9,162) (8,393) (8,655) 392 (491) Net cash from operating activities (1,744) (1,971) (3,572) (1,744) (99) Investment Activitites: Property, plant and equipment (3,728) (2,370) (2,207) (3,565) (202) Intangible assets (86) (149) (46) 17 1 Investment in associates (118) (30) (379) (467) (27) Interest income 143 101 209 251 14 Net cash flows used in investment activities (3,789) (2,449) (2,423) (3,763) (214) Financing activities: Dividends Paid Bank loan Principal lease payment Interest paid Net cash from financing activities Net decrease of cash and cash equivalents Cash and cash equivalents at beginning of year: At beginning of the period Cash proceeds from acquisition Effects of exchange rate changes on cash and cash equivalents Cash and cash equivalents at end of period (1,510) (1,510) (1,764) (1,764) (100) 8,813 8,813 500 (686) (502) (813) (997) (57) (636) (322) (447) (761) (43) (2,832) (2,333) 5,790 5,291 300 (8,365) (6,753) (206) (1,818) (103) 12,791 12,791 4,521 5,793 329 25 25 70 4,521 (270) 5,793 (290) 4,024 50 4,024 3 228 1. LTM MXN figures converted to US$ at a rate of 17.6195 (rate as of September 30, 2023), solely for the convenience of the reader 2. Net decrease in accounts in operating activities section includes movement in the following accounts: trade receivables, related parties, other recoverable taxes and other receivables, inventories, biological assets, prepayments, trade payable, other assets, other accounts payables, employee benefits, income taxes paid or recoverable 17

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