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

Goodwill (Tables)

v3.24.1.u1
Goodwill (Tables)
 12 Months Ended
Dec. 31, 2023
Goodwill [Abstract]  
Schedule of Goodwill
    As of
January 1,
2021		     Additions     Disposals     As of
December 31,
2021		  
                                 
Cost   Ps. 348,441       22,634                 -       371,075  
    As of
December 31,
2021		     Additions     Disposals     As of
December 31,
2022		  
                                 
Cost   Ps. 371,075       1,251,277       (22,634 )     1,599,718  
    As of
December 31,
2022		     Additions     Disposals    

As of
December

31,
2023

  
                                 
Cost   Ps. 1,599,718              -          -       1,599,718  
Schedule of Goodwill Balances of Group’s Companies The goodwill balances of Group’s companies are described below:
    As of
December 31:		  
    2023     2022     2021  
                   
Betterware   Ps. 348,441       348,441       348,441  
JAFRA Mexico     1,250,132       1,250,132       -  
Finayo     1,145       1,145       -  
GurúComm     -       -       17,372  
Innova Catalogos     -       -       5,262  
Total   Ps. 1,599,718       1,599,718       371,075  
Schedule of key Assumptions Used in the Estimation of the Recoverable Amount The key assumptions used in the estimation of the recoverable amount are set out below:
    2023     2022     2021  
In percentages   Betterware     JAFRA
México		     Betterware     JAFRA
México		     Betterware  
Discount rate     14.7       16.7       10.0       9.1       12.8  
Average revenue growth rate     5.0       9.0       2.3       8.1      

13.8

  
Terminal value growth rate     3.3       3.3       0.0       2.0       3.0  
EBITDA margin (earnings before interest, taxes, depreciation and amortization)     27.5       19.0       30.0       15.3       30.0