| Schedule of reconciliation of income tax expense recognized from statutory to effective ISR rate |
|
|
|
|
|
|
|
|
|
|
|
2021 |
|
2020 |
|
2019 |
|
|
|
|
|
|
|
|
|
|
Profit before income tax |
|
Ps. |
2,625,338 |
|
881,129 |
|
704,834 |
|
Tax rate |
|
|
30 |
% |
30 |
% |
30 |
% |
Income tax expense calculated at 30% statutory tax rate |
|
|
787,601 |
|
264,339 |
|
211,450 |
|
|
|
|
|
|
|
|
|
|
Inflation effects, net |
|
|
25,039 |
|
8,333 |
|
6,278 |
|
Non-deductible expenses |
|
|
5,790 |
|
5,493 |
|
3,202 |
|
Loss on valuation of warrants |
|
|
— |
|
255,456 |
|
— |
|
Share-based payments |
|
|
1,744 |
|
8,275 |
|
— |
|
Other items, net |
|
|
4,280 |
|
872 |
|
11,762 |
|
|
|
|
|
|
|
|
|
|
|
|
Ps. |
824,454 |
|
542,768 |
|
232,692 |
|
|
|
|
31 |
% |
62 |
% |
33 |
% |
|
| Schedule of deferred tax asset (liabilities) as well as the reconciliation of changes in deferred taxes balances |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Recognized in |
|
|
|
|
As of |
|
|
|
other |
|
As of |
|
|
January 01, |
|
Recognized in |
|
comprehensive |
|
December 31, |
Temporary differences |
|
2019 |
|
profit or loss |
|
income |
|
2019 |
|
|
|
|
|
|
|
|
|
|
Deferred tax assets: |
|
|
|
|
|
|
|
|
|
Expected credit loss |
|
Ps. |
2,802 |
|
2,415 |
|
— |
|
5,217 |
Accruals and provisions |
|
|
26,632 |
|
(668) |
|
(26) |
|
25,938 |
Derivative financial instruments |
|
|
4,989 |
|
(4,989) |
|
— |
|
— |
Property, plant and equipment |
|
|
74 |
|
4,505 |
|
— |
|
4,579 |
|
|
|
|
|
|
|
|
|
|
Deferred tax liabilities: |
|
|
|
|
|
|
|
|
|
Intangible assets |
|
|
(87,740) |
|
1,920 |
|
— |
|
(85,820) |
Inventories |
|
|
(6,192) |
|
(3,161) |
|
— |
|
(9,353) |
Derivative financial instruments |
|
|
— |
|
(89) |
|
— |
|
(89) |
Other assets and prepaid expenses |
|
|
(11,192) |
|
(2,699) |
|
— |
|
(13,891) |
|
|
|
|
|
|
|
|
|
|
Net deferred tax liability |
|
Ps. |
(70,627) |
|
(2,766) |
|
(26) |
|
(73,419) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Recognized in |
|
|
|
|
As of |
|
|
|
other |
|
As of |
|
|
December 31, |
|
Recognized in |
|
comprehensive |
|
January 03, |
Temporary differences |
|
2019 |
|
profit or loss |
|
income |
|
2021 |
|
|
|
|
|
|
|
|
|
|
Deferred tax assets: |
|
|
|
|
|
|
|
|
|
Expected credit loss |
|
Ps. |
5,217 |
|
(3,732) |
|
— |
|
1,485 |
Accruals and provisions |
|
|
25,938 |
|
42,340 |
|
360 |
|
68,638 |
Derivative financial instruments |
|
|
— |
|
35,886 |
|
— |
|
35,886 |
Property, plant and equipment |
|
|
4,579 |
|
(4,579) |
|
— |
|
— |
|
|
|
|
|
|
|
|
|
|
Deferred tax liabilities: |
|
|
|
|
|
|
|
|
|
Intangible assets |
|
|
(85,820) |
|
1,920 |
|
— |
|
(83,900) |
Inventories |
|
|
(9,353) |
|
(21,687) |
|
— |
|
(31,040) |
Derivative financial instruments |
|
|
(89) |
|
89 |
|
— |
|
— |
Property, plant and equipment |
|
|
— |
|
(10,888) |
|
— |
|
(10,888) |
Other assets and prepaid expenses |
|
|
(13,891) |
|
(5,644) |
|
— |
|
(19,535) |
|
|
|
|
|
|
|
|
|
|
Net deferred tax liability |
|
Ps. |
(73,419) |
|
33,705 |
|
360 |
|
(39,354) |
|
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
other |
|
As of |
|
|
January 03, |
|
Recognized in |
|
comprehensive |
|
December 31, |
Temporary differences |
|
2021 |
|
profit or loss |
|
income |
|
2021 |
|
|
|
|
|
|
|
|
|
|
Deferred tax assets: |
|
|
|
|
|
|
|
|
|
Expected credit loss |
|
Ps. |
1,485 |
|
21,203 |
|
— |
|
22,688 |
Accruals and provisions |
|
|
68,638 |
|
(31,514) |
|
— |
|
37,124 |
Derivative financial instruments |
|
|
35,886 |
|
(35,886) |
|
— |
|
— |
Property, plant and equipment |
|
|
— |
|
5,538 |
|
— |
|
5,538 |
|
|
|
|
|
|
|
|
|
|
Deferred tax liabilities: |
|
|
|
|
|
|
|
|
|
Intangible assets |
|
|
(83,900) |
|
1,920 |
|
— |
|
(81,980) |
Inventories |
|
|
(31,040) |
|
830 |
|
— |
|
(30,210) |
Derivative financial instruments |
|
|
— |
|
(7,380) |
|
— |
|
(7,380) |
Property, plant and equipment |
|
|
(10,888) |
|
10,888 |
|
— |
|
— |
Other assets and prepaid expenses |
|
|
(19,535) |
|
(7,152) |
|
— |
|
(26,687) |
|
|
|
|
|
|
|
|
|
|
Net deferred tax liability |
|
Ps. |
(39,354) |
|
(41,553) |
|
— |
|
(80,907) |
|