Investor Presentaiton
CFE
Comisión Federal de ElectricidadⓇ
INCOME STATEMENT
COMISIÓN FEDERAL DE ELECTRICIDAD
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS)
INCOME
(Millions of Mexican pesos)
2nd Quarter
2018
%
2017, with
IFRS effect
2018 VS
%
2017
Accumulated
jun-18
%
jun-17 with
IFRS effect
%
2018 vs 2017
$124,335 100%
$85,655 69%
114,126
92,986
100%
9% Revenues
81%
-8% Electricity supply service revenue
$217,449
$158,499
$1,162 1%
341
0%
240% Energy transportation revenue
$11,318 9%
1,408
1%
704% Fuel sale revenue
$13,685 11%
$12,515 10%
$109,935 88%
$80,361 65%
$9,002
12,887
11%
6% Subsidy revenue
$14,995 12%
$4,428 4%
1,153
13,947
6,503
$90,278
74,689 65%
1%
12%
6%
79%
92% Other income, net
22% Costs
8% Energy and fuel supplies
681% Third party energy and fuel supplies
8% Salaries and related costs
100%
73%
$1,322 1%
$21,068 10%
$23,571 11%
$12,989 6%
$196,823 91%
$137,138 63%
$16,729 8%
$31,126 14%
$242,314
$178,830
100%
-10%
74%
-11%
$341
0%
287%
$2,267
1%
829%
$21,510
9%
10%
$39,365
16%
-67%
$168,539
70%
17%
$125,494
52%
9%
$1,915
1%
774%
$29,693
12%
5%
1,911
2%
$506 0%
738
$644 1%
(2,161)
1%
-2%
132% Maintenance, materials and general services
-31% Tax and duties
$9,132
4%
$8,632
4%
6%
$1,412
1%
$1,528
1%
-8%
-130% Wholesale Electrical Market costs (MEM)
$1,287
1%
$1,277
1%
1%
INCOME BEFORE OTHER OPERATING COSTS
$14,399 12%
23,848
21%
-40%
(GROSS MARGIN)
$23,935 19%
26,575
23%
$2,972 2%
9,476
8%
$15,180 12%
14,271
13%
$5,783 5%
2,828
2%
-10% Other Operating Costs
-69% Labor obligation cost
6% Depreciation
104% Other expenses
$20,626
$51,395 24%
$14,472 7%
$29,222 13%
$7,701 4%
9%
$73,775
30%
-72%
$54,128
22%
-5%
$23,902
10%
-39%
$26,089
11%
12%
$4,137
2%
86%
($9,535) -8%
(2,727)
-2%
250%
OPERATING RESULTS
-14%
$19,647
8%
-257%
$22,326 18%
(2,630)
-2%
-949% Financing Costs
(30,769)
$10,987
5%
($16,590)
-7%
-166%
($4,115) -3%
$26,441 21%
10,091
9%
-141% Net financial (income) / cost
(12,721)
-11%
-308% Exchange rate (gain) loss
($31,862) -26%
(96)
0%
32931% (LOSS) INCOME BEOFRE INCOME TAXES
($3,403) -3%
($28,458) -23%
284
0%
Taxes
($381)
0%
7374%
NET RESULTS
$6,541
$4,446 2%
($41,756) -19%
($1,892) -1%
($39,864) -18%
3%
$22,846
9%
-71%
($39,437)
-16%
-111%
$36,237
15%
-215%
$286
$35,951
0%
15%
-211%
21
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