Grupo Carso 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	23,597	16,242	16,347	12,295	11,198
Cash & Short-Term Investments	23,597	16,242	16,347	12,295	11,198
Cash Growth	45.28%	-0.64%	32.96%	9.80%	-22.27%
Accounts Receivable	45,355	54,380	54,355	45,486	33,024
Other Receivables	8,918	7,915	6,549	6,983	5,895
Receivables	54,273	62,295	60,904	52,469	38,919
Inventory	29,210	31,275	27,843	27,144	20,141
Other Current Assets	2,866	12,671	2,233	2,542	2,868
Total Current Assets	109,946	122,483	107,328	94,449	73,126
Property, Plant & Equipment	76,695	78,597	65,279	67,732	38,138
Long-Term Investments	38,456	37,516	38,681	36,755	42,795
Goodwill	5,567	5,700	4,461	4,519	-
Other Intangible Assets	2,095	3,687	4,504	4,864	2,375
Long-Term Accounts Receivable	14,378	15,979	13,289	15,144	16,029
Long-Term Deferred Tax Assets	8,330	7,283	6,775	5,816	5,217
Other Long-Term Assets	11,362	9,095	10,157	10,103	8,094
Total Assets	266,829	280,340	250,474	239,382	185,773
Accounts Payable	21,270	23,784	20,316	18,104	13,698
Accrued Expenses	7,742	2,522	2,565	2,329	1,535
Short-Term Debt	14,209	11,499	17,859	14,001	5,126
Current Portion of Long-Term Debt	1,185	876.36	1,238	1,583	394.61
Current Portion of Leases	1,786	2,172	1,559	1,953	1,672
Current Income Taxes Payable	1,066	5,607	6,043	7,231	2,902
Current Unearned Revenue	94.64	2,786	2,735	2,528	3,629
Other Current Liabilities	15,168	16,193	10,718	13,644	10,587
Total Current Liabilities	62,522	65,439	63,034	61,373	39,543
Long-Term Debt	21,414	35,282	26,653	27,206	18,631
Long-Term Leases	4,118	4,326	4,170	4,573	4,871
Pension & Post-Retirement Benefits	696.06	599.72	936.49	923.17	348.35
Long-Term Deferred Tax Liabilities	11,395	12,112	10,948	9,684	6,552
Other Long-Term Liabilities	330.65	565.79	576.97	769.43	1,753
Total Liabilities	100,475	118,324	106,318	104,528	71,699
Common Stock	530.75	530.75	530.75	530.75	530.75
Additional Paid-In Capital	3,770	3,770	3,770	2,393	2,393
Retained Earnings	131,278	126,907	116,008	105,529	92,166
Treasury Stock	-1.79	-1.37	-0.95	-2.86	-1.39
Comprehensive Income & Other	9,395	11,136	8,149	12,439	9,926
Total Common Equity	144,972	142,342	128,457	120,888	105,014
Minority Interest	21,381	19,674	15,699	13,966	9,061
Shareholders' Equity	166,354	162,016	144,156	134,854	114,075
Total Liabilities & Equity	266,829	280,340	250,474	239,382	185,773
Total Debt	42,713	54,155	51,480	49,316	30,694
Net Cash (Debt)	-19,116	-37,913	-35,133	-37,021	-19,497
Net Cash Per Share	-8.48	-16.80	-15.60	-16.44	-8.60
Filing Date Shares Outstanding	2,254	2,255	2,257	2,248	2,255
Total Common Shares Outstanding	2,254	2,255	2,257	2,249	2,255
Working Capital	47,424	57,044	44,294	33,076	33,583
Book Value Per Share	64.33	63.11	56.91	53.75	46.56
Tangible Book Value	137,311	132,955	119,491	111,505	102,639
Tangible Book Value Per Share	60.93	58.95	52.94	49.58	45.51
Land	5,660	6,724	6,532	6,638	3,789
Buildings	37,647	39,896	38,224	40,053	30,513
Machinery	67,105	65,487	63,124	63,916	31,653
Construction In Progress	12,654	10,444	7,211	5,311	962.36
Order Backlog	68,646	23,964	33,340	38,175	48,893

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