Grupo Herdez Balance Sheet

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

Millions MXN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,446	3,287	1,986	2,406	2,216
Cash & Short-Term Investments	2,446	3,287	1,986	2,406	2,216
Cash Growth	-25.58%	65.48%	-17.44%	8.56%	-39.79%
Accounts Receivable	4,964	4,093	4,457	3,987	4,139
Other Receivables	1,509	1,547	2,441	1,978	1,483
Receivables	6,473	5,640	6,898	5,965	5,623
Inventory	5,858	5,367	5,016	5,511	4,830
Other Current Assets	250.3	488.42	102.48	140.91	161.16
Total Current Assets	15,027	14,782	14,003	14,023	12,830
Property, Plant & Equipment	5,632	6,354	6,399	6,303	6,017
Long-Term Investments	6,910	7,330	6,525	6,885	7,418
Goodwill	2,202	4,534	4,522	4,493	4,296
Other Intangible Assets	3,346	3,602	3,268	3,189	2,960
Long-Term Deferred Tax Assets	2,661	3,128	2,542	2,156	1,973
Other Long-Term Assets	33.3	472.1	467.62	504.47	475.92
Total Assets	35,811	40,203	37,727	37,554	35,969
Accounts Payable	5,932	5,932	5,432	5,263	3,735
Accrued Expenses	-	525.1	463.93	209.07	142.61
Short-Term Debt	-	-	-	-	500
Current Portion of Long-Term Debt	2,887	1,000	-	2,000	250
Current Portion of Leases	227.39	439.96	452.06	325.83	265.43
Current Income Taxes Payable	117.87	294.68	478.05	221.95	288.42
Other Current Liabilities	3,350	3,101	2,576	2,029	1,922
Total Current Liabilities	12,514	11,293	9,401	10,049	7,103
Long-Term Debt	7,000	8,474	9,473	8,467	9,217
Long-Term Leases	269.73	589.67	525.3	479.79	672.14
Long-Term Unearned Revenue	-	3.82	2.42	1.92	1.58
Pension & Post-Retirement Benefits	661.32	560.91	435.14	380.33	350.62
Long-Term Deferred Tax Liabilities	754.02	1,141	1,193	1,030	1,166
Other Long-Term Liabilities	-18.65	-	-	-	36.31
Total Liabilities	21,180	22,063	21,030	20,407	18,546
Common Stock	432.27	575.63	575.63	575.63	575.63
Additional Paid-In Capital	135.32	135.32	135.32	135.32	135.32
Retained Earnings	3,322	4,496	4,416	3,362	4,742
Comprehensive Income & Other	337.55	2,686	1,964	2,724	1,429
Total Common Equity	4,227	7,893	7,092	6,797	6,882
Minority Interest	10,403	10,247	9,604	10,350	10,541
Shareholders' Equity	14,630	18,140	16,696	17,147	17,423
Total Liabilities & Equity	35,811	40,203	37,727	37,554	35,969
Total Debt	10,384	10,504	10,451	11,272	10,904
Net Cash (Debt)	-7,938	-7,217	-8,464	-8,867	-8,688
Net Cash Per Share	-24.67	-22.25	-25.52	-26.00	-24.23
Filing Date Shares Outstanding	321.61	321.96	330	335.47	350
Total Common Shares Outstanding	321.61	321.96	330	335.47	350
Working Capital	2,513	3,489	4,601	3,974	5,727
Book Value Per Share	13.14	24.51	21.49	20.26	19.66
Tangible Book Value	-1,321	-243.71	-698.17	-885.73	-373.84
Tangible Book Value Per Share	-4.11	-0.76	-2.12	-2.64	-1.07
Land	374.28	420.29	420.29	420.24	418.78
Buildings	2,404	2,748	2,755	2,673	2,561
Machinery	6,433	6,766	6,617	6,045	5,856
Construction In Progress	1,166	791.5	593.77	1,063	747.69

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.