Cash and cash equivalents at the end of the year

Profit before income tax

Ps.

116,955

Ps.

434,161

Inventories

53,160

(223,810)

Acquisition of intangible assets

(16,477)

(34,987)

Proceeds from current and non-current debt and bank loans

185,390

4,586,356

Depreciation and amortization

419,278

286,771

Other accounts receivable

(93,307)

(248,875)

Proceeds from sale of furniture and equipment

12,321

62,746

Payments of current and non-current debt and bank loans

(458,226)

(3,216,773)

Repurchase of own share, net

(67,343)

-

Allowance for doubtful receivables

1,241,556

1,284,315

Suppliers

(300,539)

27,656

Interest received

1,764

1,515

Capital stock increase and additional paid-in capital

1,476,391

-

Adjustments to cash flow as a result of changes in exchange rates

(3,607)

(9,607)

Increase (decrease) in net cash and cash equivalents

352,786

(10,028)

471,076

321,018

Cash and cash equivalents at the beginning of the year

1,509,092

1,528,727

Estimated liabilities for labor benefits

18,722

38,434

Interests to bank depositors

(698,653)

(690,523)

Net cash flows used in investing activities

(196,885)

(496,625)

Gain on sale of property, leasehold improvements, furniture and equipment

1,535

(1,639)

Accounts payable and accrued expenses

(84,126)

(49,020)

Trade receivables

(3,183,391)

(4,236,077)

425,872

19,381

Net cash flows from operating activities

78,595

165,579

Acquisition of property, leasehold improvements, furniture and equipment

(194,493)

(525,899)

Interest paid

(665,136)

(1,048,565)

Interest expenses

1,387,827

1,630,185

Demand deposits and time deposits

824,725

1,922,981

Interest income

(1,764)

(1,515)

Income tax paid

(49,255)

(26,846)

Operating activities

Investing activities

Financing activities: