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Investor Presentaiton

Cash Flow Statement (Ps$ MM) Operating activities: Income before income taxes 2021 Six months ended June 30th 2022 2022 (USD) (¹) 2,874 3,894 Adjustment from items not implying cash flows: Depreciation and amortization 397 423 Loss on sale of property, plant and equipment 6 45 Non-cash items Interest income (1,228) 12 (32) Unrealized foreign exchange Interest expense (276) (53) 0 201 373 Equity method on associates Subtotal Changes in working capital Net cash from operating activities Investment Activitites: Property, plant and equipment (25) 0 1,917 4,695 2 20-20200 195 21 1 (3) 19 235 (893) (5,964) (299) 1,024 (1,269) (64) (937) (1,362) (68) Intangible assets (2,942) (12) (1) Investment in associates (169) (30) (2) Interest income 32 53 3 Net cash flows used in investment activities (4,016) (1,351) (68) Financing activities Bank loan 0 3,107 0 Principal lease payment Interest Paid Net cash from financing activities Net decrease of cash and cash equivalents (345) (422) (21) (237) (305) (15) 2,525 (726) (36) (467) (3,346) (167) Cash and cash equivalents at beginning of year: At beginning of the period 7,646 12,791 640 Effects of exchange rate changes on cash and cash equivalents Cash and cash equivalents at end of period (133) (301) (15) 7,046 9,143 458 Notes: 1. U.S. dollars translated at 19.98 Mexican pesos solely for convenience of the reader Jose Cuervo 19
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