Grupo Herdez 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	12,688	2,446	3,287	1,986	2,406	2,216
Cash & Short-Term Investments	12,688	2,446	3,287	1,986	2,406	2,216
Cash Growth	242.02%	-25.58%	65.48%	-17.44%	8.56%	-39.79%
Accounts Receivable	6,327	4,964	4,093	4,457	3,987	4,139
Other Receivables	1,049	1,509	1,547	2,441	1,978	1,483
Receivables	7,376	6,473	5,640	6,898	5,965	5,623
Inventory	3,581	5,858	5,367	5,016	5,511	4,830
Other Current Assets	204.08	250.3	488.42	102.48	140.91	161.16
Total Current Assets	23,849	15,027	14,782	14,003	14,023	12,830
Property, Plant & Equipment	4,958	5,632	6,354	6,399	6,303	6,017
Long-Term Investments	19,715	6,910	7,330	6,525	6,885	7,418
Goodwill	2,202	2,202	4,534	4,522	4,493	4,296
Other Intangible Assets	3,242	3,346	3,602	3,268	3,189	2,960
Long-Term Deferred Tax Assets	2,183	2,661	3,128	2,542	2,156	1,973
Other Long-Term Assets	36.37	33.3	472.1	467.62	504.47	475.92
Total Assets	56,186	35,811	40,203	37,727	37,554	35,969
Accounts Payable	9,827	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	1,500	2,887	1,000	-	2,000	250
Current Portion of Leases	210.71	227.39	439.96	452.06	325.83	265.43
Current Income Taxes Payable	674.4	117.87	294.68	478.05	221.95	288.42
Other Current Liabilities	4,218	3,350	3,101	2,576	2,029	1,922
Total Current Liabilities	16,430	12,514	11,293	9,401	10,049	7,103
Long-Term Debt	7,000	7,000	8,474	9,473	8,467	9,217
Long-Term Leases	308.9	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	627.15	661.32	560.91	435.14	380.33	350.62
Long-Term Deferred Tax Liabilities	4,254	754.02	1,141	1,193	1,030	1,166
Other Long-Term Liabilities	-17.32	-18.65	-	-	-	36.31
Total Liabilities	28,603	21,180	22,063	21,030	20,407	18,546
Common Stock	432.27	432.27	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	17,573	3,322	4,496	4,416	3,362	4,742
Comprehensive Income & Other	528.94	337.55	2,686	1,964	2,724	1,429
Total Common Equity	18,670	4,227	7,893	7,092	6,797	6,882
Minority Interest	8,913	10,403	10,247	9,604	10,350	10,541
Shareholders' Equity	27,583	14,630	18,140	16,696	17,147	17,423
Total Liabilities & Equity	56,186	35,811	40,203	37,727	37,554	35,969
Total Debt	9,020	10,384	10,504	10,451	11,272	10,904
Net Cash (Debt)	3,668	-7,938	-7,217	-8,464	-8,867	-8,688
Net Cash Per Share	11.40	-24.67	-22.25	-25.52	-26.00	-24.23
Filing Date Shares Outstanding	321.61	321.61	321.96	330	335.47	350
Total Common Shares Outstanding	321.61	321.61	321.96	330	335.47	350
Working Capital	7,420	2,513	3,489	4,601	3,974	5,727
Book Value Per Share	58.05	13.14	24.51	21.49	20.26	19.66
Tangible Book Value	13,226	-1,321	-243.71	-698.17	-885.73	-373.84
Tangible Book Value Per Share	41.12	-4.11	-0.76	-2.12	-2.64	-1.07
Land	274.78	374.28	420.29	420.29	420.24	418.78
Buildings	1,877	2,404	2,748	2,755	2,673	2,561
Machinery	5,332	6,433	6,766	6,617	6,045	5,856
Construction In Progress	1,279	1,166	791.5	593.77	1,063	747.69

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