Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Retirement Benefits ??? Defined Benefit Obligations (Tables)

v3.23.1
Retirement Benefits – Defined Benefit Obligations (Tables)
 12 Months Ended
Dec. 31, 2022
Employee benefits [Abstract]  
Schedule of net defined benefit liability and its components
    2022     2021     2020  
Balance at January 1   Ps. 2,093       1,678       1,630  
                         
Additions for subsidiaries’ acquisition     149,243      
-
      
-
  
                         
Included in profit or loss:                        
Current service cost     13,322       614       425  
Interest cost     9,461       101       114  
Net cost of the period     22,783       715       539  
                         
Included in other comprehensive income:                        
Actuarial (gain) loss     (15,585 )     (83 )     1,199  
Income tax effect    
-
      
-
       (360 )
                         
Other:                        
Benefits paid     (4,627 )     (217 )     (1,330 )
Balance as of December 31   Ps. 153,907       2,093       1,678  

 
Schedule of principal actuarial assumptions
    2022     2021     2020  
    Betterware     JAFRA     Betterware     Betterware  
Financial:                        
Future salary growth     6.5 %     5.5 %     5.0 %     4.0 %
Discount rate     9.2 %     9.5 %     7.6 %     6.1 %
                                 
Demographic:                                
Number of employees     901       1,276       1,272       1,294  
Age average     34 años       38 años       32 years       31 years  
Longevity average     3 años       7 años       2 years       2 years  

 
Schedule of sensitivity analysis
    Effects as of
December 31, 2022		     Effects as of
December 31,
2021		     Effects as of
January 3,
2021		  
    Betterware     JAFRA     Betterware     Betterware  
Increase / decrease in the discount rate                        
+ 0.50%   Ps. 361       146       156       126  
- 0.50%     (174 )     (151 )     (174 )     (141 )