Becle, S.A.B. de C.V. (BMV: CUERVO)

Becle, S.A.B. de C.V. Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	9,117	6,367	4,521	12,791	7,646	9,628
Trading Asset Securities	-	29.56	-	-	303.74	-
Cash & Short-Term Investments	9,117	6,396	4,521	12,791	7,950	9,628
Cash Growth	126.54%	41.48%	-64.66%	60.90%	-17.43%	-19.95%
Accounts Receivable	9,498	11,229	11,812	10,284	9,214	9,295
Other Receivables	1,977	2,589	2,361	979.94	1,973	1,523
Receivables	11,475	13,818	14,173	11,264	11,187	10,818
Inventory	16,327	16,935	19,549	13,027	11,486	10,353
Prepaid Expenses	-	944.45	1,241	1,077	-	-
Other Current Assets	1,201	-	-	-	1,005	850.9
Total Current Assets	38,120	38,094	39,483	38,159	31,627	31,650
Property, Plant & Equipment	19,904	18,556	16,753	14,226	12,521	8,991
Long-Term Investments	1,425	972.59	577.93	648.35	1,580	267.13
Goodwill	6,704	5,536	6,022	6,992	6,891	6,253
Other Intangible Assets	19,936	16,919	18,849	20,628	15,447	14,230
Long-Term Deferred Tax Assets	2,672	2,432	2,086	1,935	2,357	1,314
Other Long-Term Assets	19,171	16,715	14,096	12,952	11,158	8,020
Total Assets	107,932	99,225	97,866	95,540	81,582	70,725
Accounts Payable	4,995	11,004	14,715	11,197	7,872	6,127
Accrued Expenses	-	-	-	-	128.93	54.77
Current Portion of Long-Term Debt	3,276	131.21	96.29	102.36	48.83	46.13
Current Portion of Leases	440.57	664.26	623.34	787.85	617.27	445.58
Other Current Liabilities	4,687	6.19	66.78	70.79	40.62	13.61
Total Current Liabilities	13,398	11,806	15,502	12,158	8,708	6,687
Long-Term Debt	23,229	23,766	17,508	18,495	9,907	9,345
Long-Term Leases	2,240	2,486	2,410	1,840	1,844	1,703
Long-Term Deferred Tax Liabilities	3,956	3,170	3,576	3,770	5,743	4,089
Other Long-Term Liabilities	370.22	358.31	446.69	833.17	634.82	308.75
Total Liabilities	43,193	41,586	39,443	37,096	26,837	22,133
Common Stock	11,284	11,284	11,284	11,284	11,284	11,514
Additional Paid-In Capital	14,487	14,487	14,487	14,487	14,487	15,365
Retained Earnings	34,781	31,803	28,855	24,393	20,919	14,183
Comprehensive Income & Other	4,032	-69.45	3,680	8,188	7,978	7,457
Total Common Equity	64,584	57,504	58,306	58,351	54,666	48,520
Minority Interest	155.3	135.43	117.44	92.78	78.64	72.62
Shareholders' Equity	64,739	57,639	58,423	58,443	54,745	48,592
Total Liabilities & Equity	107,932	99,225	97,866	95,540	81,582	70,725
Total Debt	29,185	27,047	20,638	21,226	12,417	11,539
Net Cash (Debt)	-20,068	-20,651	-16,117	-8,434	-4,467	-1,911
Net Cash Per Share	-5.59	-5.75	-4.49	-2.35	-1.24	-0.53
Filing Date Shares Outstanding	3,591	3,591	3,591	3,591	3,591	3,588
Total Common Shares Outstanding	3,591	3,591	3,591	3,591	3,591	3,588
Working Capital	24,722	26,288	23,982	26,002	22,919	24,963
Book Value Per Share	17.98	16.01	16.24	16.25	15.22	13.52
Tangible Book Value	37,943	35,049	33,435	30,731	32,328	28,037
Tangible Book Value Per Share	10.57	9.76	9.31	8.56	9.00	7.81
Land	-	1,499	1,481	1,220	1,221	647.34
Buildings	-	2,441	2,414	1,889	1,852	1,386
Machinery	-	6,481	6,436	5,721	5,614	5,152
Construction In Progress	-	6,694	4,943	4,345	3,553	1,670
Leasehold Improvements	-	976.42	1,114	1,153	430.64	356.28

Source: S&P Capital IQ. Standard template. Financial Sources.