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

Intangible Assets, Net (Tables)

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Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2023
Intangible Assets, Net [Abstract]  
Schedule of Intangible Assets
Acquisition cost:   As of
January 1,
2021
    Additions     Disposals     As of
December 31,
2021
 
                         
Brand   Ps. 253,000       -       -       253,000  
Customer relationships     64,000       -       -       64,000  
Software     45,984       65,356       -       111,340  
Brands and logo rights     5,393       70       -       5,463  
                                 
    Ps. 368,377       65,426                  -       433,803  
Accumulated amortization:   As of
January 1,
2021
    Amortization
expense
    Disposals     As of
December 31,
2021
 
                         
Customer relationships   Ps. (37,333 )     (6,400 )     -       (43,733 )
Software     (7,096 )     (8,377 )     -       (15,473 )
Brands and logo rights     (4,587 )     (250 )     -       (4,837 )
                                 
    Ps. (49,016 )     (15,027 )                -       (64,043 )
Schedule Acquisition Cost
Acquisition cost:   As of
December 31,
2021
    Subsidiaries’
Acquisitions
    Additions     Disposals     Foreign
currency
translation
    As of
December 31,
2022
 
                                     
Brand   Ps. 253,000       840,616       9,493               -       (1,003 )     1,102,106  
Customer relationships     64,000       553,808       -       -       -       617,808  
Software     111,340       -       41,443       -       -       152,783  
Brands and logo rights     5,463       -       109       -       -       5,572  
                                                 
    Ps. 433,803       1,394,424       51,045       -       (1,003 )     1,878,269  
Accumulated amortization:   As of
December 31,
2021
    Amortization
expense
    Disposals     Foreign
currency
translation
    As of
December 31,
2022
 
                               
Customer relationships   Ps. (43,733 )     (40,412 )               -                    -       (84,145 )
Software     (15,473 )     (29,686 )     -       -       (45,159 )
Brands and logo rights     (4,837 )     (246 )     -       -       (5,083 )
                                         
    Ps. (64,043 )     (70,344 )     -       -       (134,387 )
Acquisition cost:   As of
December 31,
2022
    Additions     Disposals     Foreign
currency
translation
    As of
December 31,
2023
 
                               
Brand   Ps. 1,102,106       -               -                -       1,102,106  
Customer relationships     617,808       -       -       -       617,808  
Software     152,783       5,459       -       -       158,242  
Brands and logo rights     5,572       52       -       -       5,624  
                                         
    Ps. 1,878,269       5,511       -       -       1,883,780  

 

Accumulated amortization:   As of
December 31,
2022
    Amortization
expense
    Disposals     Foreign
currency
translation
    As of
December 31,
2023
 
                               
Customer relationships   Ps. (84,145 )     (52,551 )     -       (5,450 )     (142,146 )
Software     (45,159 )     (41,363 )             -       -       (86,522 )
Brands and logo rights     (5,083 )     (76 )     -       -       (5,159 )
                                         
    Ps. (134,387 )     (93,990 )     -       (5,450 )     (233,827 )
Schedule of Customers Relationships Balance The customers relationships balance of the Group are described below:
    As of December 31:  
    2023     2022     2021  
                   
Betterware   Ps. 7,467       13,867       20,267  
JAFRA Mexico     468,195       519,796       -  
Total of customers relationships   Ps. 475,662       533,663       20,267