CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
OPERADORA DE SITES MEXICANOS, S.A.B. DE C.V. AND SUBSIDIARIES
INDEPENDENT AUDITOR'S REPORT
TO THE SHAREHOLDERS OF
OPERADORA DE SITES MEXICANOS, S.A.B. DE C.V. AND SUBSIDIARIES
Opinion
We have audited the accompanying consolidated financial statements of Operadora de
Sites Mexicanos, S.A.B. de C.V. and its subsidiaries (formerly Operadora de Sites Mexica-
nos, S.A. de C.V.) (the Company), which comprise the consolidated statement of financial
position as at 31 December 2022, and the consolidated statement of comprehensive
income, consolidated statement of changes in equity and consolidated statement of cash
flows for the year then ended, and notes to the consolidated financial statements, includ-
ing a summary of significant accounting policies.
In our opinion, the accompanying consolidated financial statements present fairly, in all
material respects, the consolidated financial position of Operadora de Sites Mexicanos,
S.A.B. de C.V. and its subsidiaries as at 31 December 2022, and their consolidated finan-
cial performance and their consolidated cash flows for the year then ended in accordance
with International Financial Reporting Standards (IFRS).
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (ISA).
Our responsibilities under those standards are described in the Auditor's Responsibilities
for the Audit of the Consolidated Financial Statements section of our report. We are inde-
pendent of the Company in accordance with the International Ethics Standards Board for
Accountants' Code of Ethics for Professional Accountants (IESBA Code) and the ethical
requirements that are relevant to our audit of the consolidated financial statements in
Mexico in accordance with the Código de Ética Profesional del Instituto Mexicano de
Contadores Públicos (IMCP Code), and we have fulfilled our other ethical responsibilities
in accordance with these requirements and the IESBA Code.
We believe that the audit evidence we have obtained is sufficient and appropriate to
provide a basis for our opinion.
Key audit matters
Key audit matters are those matters that, in our professional judgment, were of most
significance in our audit of the consolidated financial statements of the current period.
These matters were addressed in the context of our audit of the consolidated financial
statements as a whole, and in forming our opinion thereon, and we do not provide a sep-
arate opinion on these matters. For each matter below, our description of how our audit
addressed the matter is provided in that context.
We have fulfilled the responsibilities described in the "Auditor's Responsibilities for
the Audit of the Consolidated Financial Statements" section of our report, including in
relation to these matters. Accordingly, our audit included the performance of procedures
designed to respond to our assessment of the risks of material misstatement of the
accompanying consolidated financial statements. The results of our audit procedures,
including the procedures performed to address the matters below, provide the basis for
our audit opinion on the accompanying consolidated financial statements.
1. Property and equipment
Description of key audit matter
We considered the passive infrastructure under property and equipment as a key audit
matter because the valuation of these assets requires the use of assumptions that involve
calculations that are subjective and complex, since they require that we seek assistance
from specialists of the Company's management and audit specialists to carry out our
audit procedures.
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