2020 Annual Report
2020 ANNUAL REPORT
CONSOLIDATED FINANCIAL STATEMENTS
Megacable Holdings, S.A.B. de C.V. and subsidiaries
Consolidated Statements of Comprehensive Income
Years ended December 31, 2020 and 2019
(Thousands of Mexican pesos)
These financial statements have been translated from Spanish, the original language and for the convenience of foreign/
English-speaking readers
Note
2020
2019
MEGACABLE.
Note
2020
2019
Selling expenses
Administrative expenses
Expected credit loss
Service revenues
28
Cost of services
21 and 28
Gross profit
$ 22,383,030
10,107,417
12,275,613
21,615,210
9,661,093
11,954,117
Net income attributable to:
21 and 28
21 and 28
6 and 21
5,307,074
517,754
111,224
5,266,548
514,132
53,639
Company shareholders
Company shareholders
Non-controlling interest
Net profit
Comprehensive income attributable to:
Non-controlling interest
4,353,365
170,890
4,524,255
4,290,211
162,384
4,452,595
Other income, net
22 and 28
77,811
43,260
Comprehensive income
4,335,886
$
170,890
4,506,776
4,272,027
162,384
4,434,411
Operating income
6,417,372
6,163,058
Basic and diluted earnings per share:
Attributable earnings per common share of the controlling interest
19
2.53
Finance income
23 and 25
Finance costs
23 and 25
Finance costs, net
145,993
(615,114)
(469,121)
311,086
(700,938)
(389,852)
Profit per Ordinary Share Certificate (CPO)
19
5.06
2.49
4.98
The accompanying notes are an integral part of these consolidated financial statements.
Impairment of other permanent investment
26
(88,500)
Income before income tax
5,859,751
5,773,206
Lic. Enrique Yamuni Robles
CHIEF EXECUTIVE OFFICER
C.P. Luis Antonio Zetter Zermeño
CHIEF FINANCE AND ADMINISTRATION OFFICER
Income tax
20
20
(1,335,496)
(1,320,611)
Net profit
4,524,255
4,452,595
Other comprehensive income:
Items that will not be reclassified to profit or loss:
Remeasurement of post-employment benefit obligations
(17,479)
(18,184)
Comprehensive income, net
4,506,776
4,434,411
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