ANNUAL INTEGRATED REPORT 2021
110
TO
ANNUAL INTEGRATED REPORT 2021 | AXTEL
ASSETS
Axtel, S. A. B. de C. V. and Subsidiaries
(Subsidiary of Alfa, S. A. B. de C. V.)
Consolidated Statements of Financial Position
As of December 31, 2021, 2020 and 2019
Thousands of Mexican pesos
Note
2021
2020
2019
Axtel, S. A. B. de C. V. and Subsidiaries
(Subsidiary of Alfa, S. A. B. de C. V.)
Consolidated Statements of Income
For the years ended December 31, 2021, 2020 and 2019
Thousands of Mexican pesos
Current assets:
Cash and cash equivalents
6
$ 1,613,697
Restricted cash
7
Trade and other accounts receivable, net
8
2,492,754
Inventories
9
85,442
$ 3,123,955
261,827
2,901,248
78.720
$ 857,742
Note
Financial instruments at fair value
4
Prepayments
3.j
634,792
713,711
3,344,674
93,982
92,673
521,406
Revenues
23
Assets held for sale
2.h
Total current assets
4,826,685
7,079,461
1,124,613
6,035,090
Non-current assets:
Property, plant and equipment, net
10
10,132,948
11,577,650
12,963,991
Right of use asset, net
11
498,522
Goodwill and intangible assets, net
12
1,300,204
Deferred income taxes
20
2,856,110
592,871
1,260,696
2,540,543
661,246
1,052,258
2,876,287
Other non-current assets
13
359,990
Total non-current assets
15,147,774
Total assets
$19,974,459
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Debt
17
$ 252,072
Lease liability
18
264,264
Trade and other accounts payable
14
2,844,167
Provisions
15
29,484
Deferred income
16
86,052
Derivative financial instruments.
4
33,575
Total current liabilities
3,509,614
$ 1,609,301
294,749
3,851,293
18,417
116,054
154,077
6,043,891
$
131,632
451,775
652,624
16,624,384
$23,703,845
741.897
18,295,679
$24,330,769
Cost of sales
Gross profit
Administration and selling expenses
Other (expenses) income, net
Operating income
Financial income
Financial expenses
Exchange fluctuation (loss) gain, net
Gain (loss) on changes in fair value of financial
instruments
(Loss) income before income taxes
Income taxes (expense) benefit
2222
2021
$11,389,494
(5,785,728)
5,603,766
(4,958,159)
(353,359)
292,248
2020
$12,355,981
2019
$12,783,633
(6,171,287)
6,184,694
(6,104,427)
6,679,206
(5,412,063)
1,999,869
(5,841,918)
(63,453)
24,909
(1,188,709)
(277,595)
2,772,500
38,878
(1,378,015)
(385,284)
773,835
60,253
(1,468,752)
290,275
Financial result, net
20
(1,441,395)
(1,149,147)
352,405
105,809
(1,618,612)
1,153,888
(792,633)
(8,919)
(1,127,143)
(353,308)
15,291
4,169,016
220,190
(Loss) income from continuing
operations
(796,742)
361,255
153,229
Discontinued operations
22
51,814
Net consolidated (loss) income
$ (796,742)
$ 361,255
(338,017)
324,078
$ (13,939)
5,177,656
Non-current liabilities:
(Loss) income attributable to:
Debt
17
12,607,365
13,034,985
13,836,310
Controlling interest
(796,742)
361,255
(13,939)
Lease liability
18
219,990
332,275
414,323
Accounts payable to related parties
28
703,348
Employee benefits
19
766,500
742,847
695,498
Derivative financial instruments
4
Deferred income taxes
20
Total non-current liabilities
Total liabilities
1,134
13,594,989
17,104,603
53,120
1,454
14,164,681
20,208,572
91,898
759
15,742,136
20,919,792
Non-controlling interest
(Loss) income per basic and diluted share from
continuing operations
Profit per basic and diluted share from
discontinued operations
$ (796,742)
$ 361,255
$
(13,939)
(0.040)
0.018
(0.017)
Stockholders' equity:
Capital stock
21
Retained earnings
Other comprehensive loss
Total controlling interest
Non-controlling interest
Total stockholders' equity
Total liabilities and stockholders' equity
464,368
2,445,384
(39,896)
2,869,856
464,368
3,252,002
464,368
(Loss) profit per basic and diluted share
3,104,427
(221,097)
3,495,273
(157,818)
3,410,977
Weighted average common outstanding
shares (thousands of shares)
(0.040)
0.018
19,829,510
19,987,579
20,183,560
0.016
(0.001)
2,869,856
$19,974,459
3,495,273
$23,703,845
3,410,977
$24,330,769
The accompanying notes are an integral part of these consolidated financial
statements.
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