Grupo Herdez, S.A.B. de C.V. (BMV: HERDEZ)

BMV: HERDEZ 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	2,698	1,986	2,406	2,216	3,681	2,310
Cash & Short-Term Investments	2,698	1,986	2,406	2,216	3,681	2,310
Cash Growth	-23.02%	-17.44%	8.56%	-39.79%	59.37%	11.02%
Accounts Receivable	3,928	4,457	3,987	4,139	3,323	3,420
Other Receivables	1,898	2,441	1,978	1,483	1,156	1,116
Receivables	5,825	6,898	5,965	5,623	4,480	4,537
Inventory	5,578	5,016	5,511	4,830	3,370	3,991
Other Current Assets	489.05	102.48	140.91	161.16	110.25	137.58
Total Current Assets	14,590	14,003	14,023	12,830	11,641	10,975
Property, Plant & Equipment	6,156	6,399	6,303	6,017	5,751	6,548
Long-Term Investments	6,695	6,525	6,885	7,418	7,258	7,187
Goodwill	4,534	4,522	4,493	4,296	4,300	4,556
Other Intangible Assets	3,457	3,268	3,189	2,960	2,762	2,674
Long-Term Deferred Tax Assets	2,873	2,542	2,156	1,973	1,429	1,078
Other Long-Term Assets	826.71	467.62	504.47	475.92	433.81	65.14
Total Assets	39,132	37,727	37,554	35,969	33,575	33,081
Accounts Payable	6,026	5,628	5,263	3,735	2,722	2,523
Accrued Expenses	-	267.77	209.07	142.61	32.52	52.1
Short-Term Debt	-	-	-	500	-	-
Current Portion of Long-Term Debt	1,500	-	2,000	250	-	3.89
Current Portion of Leases	393.74	452.06	325.83	265.43	360.5	303.82
Current Income Taxes Payable	191.64	478.05	221.95	288.42	17.61	170.65
Other Current Liabilities	3,488	2,576	2,029	1,922	1,674	1,575
Total Current Liabilities	11,599	9,401	10,049	7,103	4,807	4,628
Long-Term Debt	8,000	9,473	8,467	9,217	9,456	7,960
Long-Term Leases	476.13	525.3	479.79	672.14	477.02	594.85
Long-Term Unearned Revenue	-	2.42	1.92	1.58	-	-
Long-Term Deferred Tax Liabilities	1,202	1,193	1,030	1,166	1,049	1,274
Other Long-Term Liabilities	-18.99	-	-	36.31	77.49	113.01
Total Liabilities	21,722	21,030	20,407	18,546	16,238	14,834
Common Stock	432.27	575.63	575.63	575.63	575.63	575.63
Additional Paid-In Capital	135.32	135.32	135.32	135.32	135.32	135.32
Retained Earnings	6,453	4,416	3,362	4,742	3,347	6,424
Comprehensive Income & Other	485.37	1,964	2,724	1,429	3,165	838.83
Total Common Equity	7,506	7,092	6,797	6,882	7,222	7,974
Minority Interest	9,905	9,604	10,350	10,541	10,114	10,274
Shareholders' Equity	17,410	16,696	17,147	17,423	17,336	18,248
Total Liabilities & Equity	39,132	37,727	37,554	35,969	33,575	33,081
Total Debt	10,370	10,451	11,272	10,904	10,294	8,863
Net Cash (Debt)	-7,672	-8,464	-8,867	-8,688	-6,613	-6,553
Net Cash Per Share	-23.60	-25.52	-26.00	-24.23	-17.32	-15.99
Filing Date Shares Outstanding	322.88	330	335.47	350	367.79	399.39
Total Common Shares Outstanding	322.88	330	335.47	350	367.79	399.39
Working Capital	2,991	4,601	3,974	5,727	6,833	6,347
Book Value Per Share	23.25	21.49	20.26	19.66	19.64	19.97
Tangible Book Value	-486.05	-698.17	-885.73	-373.84	160.01	744.13
Tangible Book Value Per Share	-1.51	-2.12	-2.64	-1.07	0.44	1.86
Land	420.29	420.29	420.24	418.78	378.41	390.87
Buildings	2,734	2,755	2,673	2,561	2,691	2,789
Machinery	6,757	6,617	6,045	5,856	5,800	7,138
Construction In Progress	645.45	593.77	1,063	747.69	362.55	258.15

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