Investor Presentaiton
Гса
CONSOLIDATED STATEMENT OF INCOME
Grupo Herdez, S.A.B. de C.V. and Subsidiaries.
(Amounts stated in thousands of Mexican pesos)
Year ended
2009
Net sales
Cost of sales
Gross profit
Operating expenses:
Selling
Management
Advertising
Ps 8,265,640
5,287,533
2,978,107
December 31
2008
Ps
7,247,174
4,823,403
2,423,771
Operating income
Other income - Net (Note 15)
Comprehensive financing result:
Interest paid - Net
Exchange loss (gain) - Net
1,151,468
1,009,975
218,878
209,732
323,354
340,883
1,693,700
1,560,590
1,284,407
863,181
96,855
157,527
95,958
119,310
19,712
(5,854)
115,670
113,456
Equity share in earnings of associated companies
Earnings before income tax
Income tax (Note 14)
Earnings before discontinued operations
Net discontinued operations (Note 17)
Consolidated net income for the year
Net income corresponding to non controlling equity
Net income corresponding to holding company stockholders
Net income per common shares (Note 2n.):
Before discontinued operations
Of discontinued operations
43,810
24,175
1,309,402
931,427
300,431
177,917
1,008,971
753,510
(9,153)
(2,842)
Héctor Hernández Pons Torres
Ps
999,818
Ps
750,668
General Director
Ps
253,691
Ps
168,158
Ps
746,127
Ps
582,510
Ernesto Ramos Ortiz
Administration and
Ps
2.360
Ps
1.759
Corporate Practices Director
Ps
(0.021)
Ps
(0.007)
Net income per share corresponding to holding company stockholders
Ps
1.745
Ps
1.360
The accompanying nineteen notes are an integral part of these
consolidated financial statements, which were authorized for
issuance on February 18, 2010 by the undersigned officers.
CONSISTENCY IN OUR STRATEGY
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