Investor Presentaiton
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Financial Results, 3Q 2022
Total Revenues
470.4 billion pesos
Revenues as of 3Q2022 increased by 35.6 billion pesos (8.2%) compared to the same period in 2021 as a
result of higher energy sales in the industrial, commercial and residential sectors (34.9 billion pesos),
offsetting the decrease in revenues from sale of fuels to third parties due to an increase in fuel prices
(17.9 billion pesos). Subsidy income increased by 5.1 billion pesos (8.7%).
Operating Costs
473.5 billion pesos
Operating costs increased 12.1% due to increases in fuel costs, maintenance, in order with requirement of
the investment plan. As of 3Q2022, there was a increase in energy and fuel costs of 3.6.8 billion pesos,
mainly due to lower consumption by third parties (private).
Operating Result
(3.1) billion pesos
Financing Costs
38.3 billion pesos
Foreign Exchange Gain
5.1 billion pesos
Taxes 14.4 billion pesos
Operating result increased by 15.4 billion pesos (125.4%) compared to 3Q2021 as a result of the
Russia-Ukraine conflict,
Financial costs increased by 1.3 billion pesos compared to 3Q2021, as a result of increases in
interest rates in the financial markets and foreign exchange rates.
As of 3Q2021, an exchange gain of 5.1 billion pesos was recorded due to an appreciation of the of the peso in
the third quarter of 2022 of 1.35% (20.58 at the end of 2021 vs. 20.3058 at the end of June 2022).
As of 3Q2022, there was an increase of 16.8 billion pesos of corporate tax generated by subsidiaries.
Net Result
(50.7) billion pesos
Total Assets
2,335 billion pesos
The net result for 3Q2022 was affected mainly with the increase of fuel costs and the delay of
subsidies recognition by
Total Liabilities
1,676 billion pesos
Equity
659 billion pesos
Source: Financial Statements CFE
CFE
Comisión Federal de ElectricidadⓇ
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