Axtel Balance Sheet

Financials in millions MXN. Fiscal year is January - December.

Millions MXN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	636.2	1,320	1,256	1,207	1,543	1,614
Trading Asset Securities	-	-	32.74	-	4.7	-
Cash & Short-Term Investments	636.2	1,320	1,288	1,207	1,548	1,614
Cash Growth	-33.15%	2.42%	6.73%	-21.99%	-4.10%	-48.34%
Accounts Receivable	3,393	2,143	2,306	1,413	1,210	1,731
Other Receivables	80.57	143.04	117.59	115.3	74.26	72.61
Receivables	3,473	2,286	2,475	1,814	1,929	2,493
Inventory	52.93	53.98	36.49	62.86	169.84	85.44
Other Current Assets	-	820.18	752.95	603.82	739.23	634.79
Total Current Assets	4,162	4,480	4,553	3,688	4,385	4,827
Property, Plant & Equipment	7,345	7,521	7,809	8,566	9,409	10,631
Long-Term Investments	-	0.83	0.83	0.83	0.83	1.7
Goodwill	322.78	322.78	322.78	322.78	322.78	322.78
Other Intangible Assets	712.96	720.01	660.97	741.4	840.96	977.42
Long-Term Deferred Tax Assets	2,866	2,761	3,363	2,962	2,958	2,856
Other Long-Term Assets	424.2	556.09	527.31	428.19	434.78	338.11
Total Assets	15,834	16,362	17,236	16,709	18,351	19,974
Accounts Payable	2,369	2,107	1,938	1,361	1,833	2,138
Accrued Expenses	-	26.17	302.42	338.46	614.51	591.67
Short-Term Debt	-	38.51	-	-	-	-
Current Portion of Long-Term Debt	-	174.13	293.67	260.86	386.52	286.31
Current Portion of Leases	136.8	118.52	109.08	107.76	220.97	264.26
Current Unearned Revenue	-	108.99	103.59	66.79	45.21	86.05
Other Current Liabilities	962.94	430.64	106.92	183.15	149.15	143.2
Total Current Liabilities	3,468	3,004	2,853	2,318	3,250	3,510
Long-Term Debt	-	8,823	10,710	10,155	11,185	12,607
Long-Term Leases	192.89	225.06	164.92	153.11	99.99	219.99
Pension & Post-Retirement Benefits	1,404	1,378	1,157	965.67	891.26	766.5
Long-Term Deferred Tax Liabilities	-	-	0.04	0.4	75.56	1.13
Other Long-Term Liabilities	8,280	-	-	-	-	-
Total Liabilities	13,345	13,430	14,886	13,592	15,501	17,105
Common Stock	446.28	446.28	454.62	454.62	454.62	464.37
Retained Earnings	2,175	2,619	1,975	2,727	2,416	2,445
Comprehensive Income & Other	-132.27	-132.45	-78.57	-64.37	-20.53	-39.9
Total Common Equity	2,489	2,932	2,351	3,117	2,850	2,870
Shareholders' Equity	2,489	2,932	2,351	3,117	2,850	2,870
Total Liabilities & Equity	15,834	16,362	17,236	16,709	18,351	19,974
Total Debt	329.7	9,379	11,278	10,677	11,892	13,378
Net Cash (Debt)	306.5	-8,059	-9,989	-9,470	-10,345	-11,764
Net Cash Per Share	0.01	-2.90	-3.59	-4.22	-3.65	-4.15
Filing Date Shares Outstanding	27,045	2,780	2,780	2,828	2,832	2,832
Total Common Shares Outstanding	27,045	2,780	2,780	2,828	2,832	2,832
Working Capital	694.1	1,476	1,699	1,370	1,136	1,317
Book Value Per Share	0.09	1.05	0.85	1.10	1.01	1.01
Tangible Book Value	1,453	1,890	1,367	2,053	1,687	1,570
Tangible Book Value Per Share	0.05	0.68	0.49	0.73	0.60	0.55
Land	-	437.32	444.3	455.65	463.47	461.35
Buildings	-	-	584.7	632.11	643.5	597.11
Machinery	-	-	3,721	3,732	3,770	3,854
Construction In Progress	-	716.08	593.4	648.15	612.19	591.72
Leasehold Improvements	-	-	448.41	437.03	504.57	510.44

Source: S&P Global Market Intelligence. Standard template. Financial Sources.