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

Consolidated Statements of Profit or Loss and Other Comprehensive Income

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Consolidated Statements of Profit or Loss and Other Comprehensive Income - MXN ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Profit or loss [abstract]      
Net revenue $ 13,009,507 $ 11,507,549 $ 10,067,683
Cost of sales 3,701,255 3,579,093 4,498,008
Gross profit 9,308,252 7,928,456 5,569,675
Administrative expenses 2,908,945 2,596,642 1,247,742
Selling expenses 3,460,367 2,808,030 1,256,289
Distribution expenses 593,174 473,516 463,779
Total operating expense 6,962,486 5,878,188 2,967,810
Divestment of subsidiaries (21,862)
Operating income 2,345,766 2,028,406 2,601,865
Financing income (cost):      
Interest expense (820,262) (543,321) (75,818)
Interest income 45,056 28,689 25,872
Unrealized (loss) gain in valuation of derivative financial instruments (32,591) (43,522) 330,315
Foreign exchange gain 267,363 254,198 241,593
Foreign exchange loss (374,210) (337,566) (561,332)
Total financing income (cost) (914,644) (641,522) (39,370)
Income before income taxes 1,431,122 1,386,884 2,562,495
Income taxes:      
Current 645,521 533,522 791,856
Deferred (261,137) (16,602) 22,700
Total income taxes 384,384 516,920 814,556
Net income for the year 1,046,738 869,964 1,747,939
Net income for the year attributable to:      
Owners of the Group 1,049,461 872,557 1,751,645
Non-controlling interest (2,723) (2,593) (3,706)
Net income for the year 1,046,738 869,964 1,747,939
Items that are or may be reclassified subsequently to profit or loss:      
Currency effects (4,349) (8,653)
Items that will not be reclassified subsequently to profit or loss:      
Remeasurement of defined benefit obligation, net of taxes (22,360) 15,585 83
Total comprehensive income for the year 1,020,029 876,896 1,748,022
Comprehensive income for the year attributable to:      
Owners of the Group 1,022,752 879,489 1,751,728
Non-controlling interest (2,723) (2,593) (3,706)
Total comprehensive income for the year $ 1,020,029 $ 876,896 $ 1,748,022
Basic earnings per common share (pesos) (in Pesos per share and Dollars per share) $ 28.18 $ 23.42 $ 47.38
Diluted earnings per common share (pesos) (in Pesos per share and Dollars per share) $ 28.16 $ 23.41 $ 46.91