ANNUAL INTEGRATED REPORT 2021 slide image

ANNUAL INTEGRATED REPORT 2021

ANNUAL INTEGRATED REPORT 2021 | AXTEL 27 EMPLOYEE BENEFIT EXPENSES Salaries, wages and benefits Social security fees Employee benefits Other fees Total 2021 $1,933,976 327,803 2020 2019 $2,191,558 $2,028,983 338,279 335,709 29,600 40,105 25,023 68,687 $2,360,066 63,791 $2,633,733 66,421 $2,456,136 Transactions with related parties for the years ended December 31, 2021, 2020 and 2019, which were carried out in terms similar to those of arm's-length transactions with independent third parties, were as follows: Year ended December 31, 2021 Costs and expenses Income Telecommunication Interests services Holding company Affiliates $ $ $ 145,073 145,073 $ 28 TRANSACTIONS WITH RELATED PARTIES Balances with related parties as of December 31, 2021, 2020 and 2019, were as follows: Total 161 1671 Others $ 7,387 7,387 Income Año terminado el 31 de diciembre de 2020 Costs and expenses December 31, 2021 Telecommunication Interests Others services Loans received from related parties Accounts Accounts Amount Interest Currency receivable payable Expiration date Interest rate Affiliates Total $35,260 $ 666 $ $ Holding company Affiliates Total $ $ 10,625 $ $ 170,756 170,756 9,480 $ 10,625 $ 9,480 $35,260 $ 666 $ $ $ - Accounts Accounts Amount receivable payable Affiliates Total $ 8,202 $ 480 $ 480 $ 8,202 Holding December 31, 2020 Loans received from related parties Interest Currency Expiration date Interest rate Accounts Accounts receivable Amount December 31, 2019 Loans received from related parties Interest Currency payable $ $ 219,600 $ 1,881 Expiration date MXP 28/02/19 483,748 4,144 MXP 28/02/21 Interest rate TIIE + 2.25% TIIE + 2.25% $ company Holding company (1) Affiliates 23,460 Total 8,018 $23,460 $8,018 $ 703,348 Indemnification (See Note 2). $6,025 Holding company Affiliates Total Income Telecommunication Año terminado el 31 de diciembre de 2019 Costs and expenses Interests Others services $ $ $ 84,935 $ 165,087 165,087 5,803 $ 5,803 $ 84,935 For the year ended December 31, 2021, compensation and benefits paid to the Company's main officers totaled $66,098 ($116,791 in 2020 and $106,080 in 2019), comprised of base salary and benefits required by law, complemented by a program of variable compensation basically based on the Company's results and the market value of Alfa's shares.
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