Investor Presentaiton
CONSOLIDATED BALANCE SHEETS
Grupo Herdez, S.A.B. de C.V. and Subsidiaries
(Amounts stated in thousands of Mexican pesos)
Assets
CURRENT ASSETS:
Cash and investments at terms under one year
Trade accounts receivable, net of allowance for doubtful accounts of Ps19,065 in 2009
and Ps19,472 in 2008
Other accounts receivable
Value added tax and income tax recoverable
Related parties (Note 5)
Inventories (Note 6)
Other current assets (Note 4)
Total current assets
PROPERTY, MACHINERY AND EQUIPMENT - Net (Note 7)
INVESTMENT IN ASSOCIATED COMPANIES (Note 9)
INTANGIBLE ASSETS (Note 8)
Liabilities and Stockholders' Equity
CURRENT LIABILITIES:
Bank loans (Notes 10 and 18)
Suppliers
Other accounts payable and accrued expenses
Income tax payable
Employees' statutory profit sharing payable
LONG-TERM LIABILITIES:
Bank loans (Note 10)
Long-term debt (Note 10)
Deferred taxes (Note 14)
Tax deferred in tax consolidation (Note 14)
Retirement benefits (Note 12)
Total liabilities
STOCKHOLDERS' EQUITY (Note 13):
Capital stock
Reserve for purchase of shares
Retained earnings
Premium on the subscription of shares
Cumulative translation adjustment
Majority stockholders' investment in the controlling equity
Non controlling equity
SUBSEQUENT EVENT (Note 18)
December 31
2009
2008
Ps
424,197
Ps
211,585
744,628
772,744
20,627
79,009
145,227
170,502
888,120
640,548
1,798,602
1,662,803
936,094
972,624
98,816
3,257,709
92,163
2,939,175
1,634,576
1,453,419
98,895
124,987
1,017,952
953,311
Ps
6,009,132
Ps
5,470,892
Ps
1,173,644
Ps
544,695
463,534
595,610
162,911
150,229
149,414
95,109
12,654
5,195
1,962,157
1,390,838
୮
8,400
125,000
739,444
134,261
102,349
81,472
62,648
Héctor Hernández Pons Torres
19,719
15,424
General Director
318,116
970,601
2,280,273
2,361,439
961,048
961,897
219,504
229,471
Ernesto Ramos Ortiz
1,501,510
969,428
220,959
220,959
18,195
25,660
2,921,216
2,407,415
807,643
3,728,859
702,038
3,109,453
Administration and
Corporate Practices Director
The accompanying nineteen notes are an integral part of these
consolidated financial statements, which were authorized for
issuance on February 18, 2010 by the undersigned officers.
Ps
6,009,132
Ps
5,470,892
TRUST IN OUR FUTURE
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