Investor Presentaiton
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Financial Results
Total Revenues
285.9 billion pesos
Total revenues at the end of the 2nd quarter 2021 were 15.5% higher compared to the same period of 2020
as a result of higher sales of fuels to third parties of 26.3 billion pesos (effect of rising international fuel
prices) and the increase of 4.8 billion pesos in energy sales (effect of gradual reactivation of economic
sectors).
Operating Costs
279.1 billion pesos
Operating costs registered an increase of 50.5% compared to the 2Q2020. Energy costs (own and third
parties) were 170 billion pesos, higher by 86.4 billion pesos (103.4%), due to the accumulated effect of
disruption of Natural Gas prices observed in the 1Q2021 and the price increase of the Natural Gas
benchmark indexes during the 2Q2021.
Operating Results
6.8 billion pesos
Financing Costs
25.2 billion pesos
Foreign Exchange Profit
9.1 billion pesos
Taxes 4.8 billion pesos
Net Result
(14.1) billion pesos
Total Assets
2,201 billion pesos
Operating income decreased 55.3 billion pesos compared to the 2Q2020, as a consequence of the
increases observed in Natural Gas prices during the first semester of the year
Financial costs decreased 6.3 billion pesos compared to 2Q2020, due to the adoption of the policy of
refinancing loans and due to monetization of the favorable market value of financial instruments.
As of the 2Q2021, an exchange profit of 9.1 billion pesos was recorded due a 13.8% peso appreciation
compared to the same period of 2020, equivalent to 135.3 billion pesos.
Taxes were 3.6 billion pesos higher than those at the end of 2Q2020..
Net loss is mainly explained by a collateral effect of the increases in fuel prices during the
first and second quarters of 2021 and by a gradual economic recovery of lesser magnitude.
Total Liabilities
1,635 billion pesos
Equity
566 billion pesos
Source: Financial Statements CFE
CFE
Comisión Federal de ElectricidadⓇ
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