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

Provisions

v3.23.1
Provisions
 12 Months Ended
Dec. 31, 2022
Disclosure Of Provisions Text Block Abstract  
Provisions
18. Provisions

 

    Commissions,
promotions
and other		     Bonuses and
other
employee
benefits		     Professional
services fees		     Other
general
provisions		    

 

Total

  
As of January 1, 2020   Ps. 32,779       13,356       554      
-
       46,689  
                                         
Increases     1,272,651       54,223       16,947      
-
       1,343,821  
Payments     (1,198,284 )     (21,039 )     (17,209 )    
-
       (1,236,532 )
                                         
As of January 3, 2021   Ps. 107,146       46,540       292      
-
       153,978  
                                         
Increases     2,054,420       140,436       17,541      
-
       2,212,397  
Payments     (2,048,135 )     (182,439 )     (17,333 )    
-
       (2,247,907 )
                                         
As of December 31, 2021   Ps. 113,431       4,537       500      
-
       118,468  
                                         
Additions for subsidiaries’ acquisition     360,280      
-
       62,990       276,314       699,584  
Increases     4,030,497       74,764       48,292       412,645       4,566,198  
Payments     (4,012,720 )     (52,898 )     (54,490 )     (469,674 )     (4,589,782 )
Foreign currency translation     (135 )    
-
      
-
       (921 )     (1,056 )
As of December 31, 2022   Ps. 491,353       26,403       57,292       218,364       793,412  

 

Commissions, promotions and other

 

Commissions, promotions, and other includes commissions payable to the sales force of distributors, associates, leaders and consultants on the last week of the period, which are paid in the first week of the year or of the following period. In addition, it includes the provision of reward points and loyalty program obtained by distributors, associates, leaders and consultants. See notes 2.v and 2.x

 

Bonuses and other employee benefits

 

Bonuses and other employee benefits include annual performance bonuses as well as vacation provisions, vacation bonuses, savings funds, among others.

 

Fees for professional services

 

Fees for professional services includes fees for services such as external audits, legal services, internal audits, among others.

 

Other general provisions

 

General provisions are related to year-end expenses, plant services and center services which are pending to be paid.