Axtel Balance Sheet

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

Millions MXN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	716.9	1,256	1,207	1,543	1,614	3,124
Trading Asset Securities	-	32.74	-	4.7	-	-
Cash & Short-Term Investments	716.9	1,288	1,207	1,548	1,614	3,124
Cash Growth	-47.74%	6.73%	-21.99%	-4.10%	-48.34%	264.21%
Accounts Receivable	2,536	2,306	1,413	1,210	1,731	1,803
Other Receivables	202.7	117.59	115.3	74.26	72.61	56.78
Receivables	2,739	2,475	1,814	1,929	2,493	2,901
Inventory	48.58	36.49	62.86	169.84	85.44	78.72
Restricted Cash	-	-	-	-	-	261.83
Other Current Assets	800.78	752.95	603.82	739.23	634.79	713.71
Total Current Assets	4,305	4,553	3,688	4,385	4,827	7,079
Property, Plant & Equipment	7,627	7,809	8,566	9,409	10,631	12,171
Long-Term Investments	0.83	0.83	0.83	0.83	1.7	291.82
Goodwill	322.78	322.78	322.78	322.78	322.78	322.78
Other Intangible Assets	738.15	660.97	741.4	840.96	977.42	937.91
Long-Term Deferred Tax Assets	2,785	3,363	2,962	2,958	2,856	2,541
Other Long-Term Assets	562.89	527.31	428.19	434.78	338.11	360.81
Total Assets	16,342	17,236	16,709	18,351	19,974	23,704
Accounts Payable	2,059	1,938	1,361	1,833	2,138	2,376
Accrued Expenses	5.33	302.42	338.46	614.51	591.67	1,381
Short-Term Debt	322.31	-	-	-	-	-
Current Portion of Long-Term Debt	-	293.67	260.86	386.52	286.31	1,764
Current Portion of Leases	98.51	109.08	107.76	220.97	264.26	294.75
Current Unearned Revenue	105.96	103.59	66.79	45.21	86.05	116.05
Other Current Liabilities	537.17	106.92	183.15	149.15	143.2	112.59
Total Current Liabilities	3,129	2,853	2,318	3,250	3,510	6,044
Long-Term Debt	8,855	10,710	10,155	11,185	12,607	13,088
Long-Term Leases	241.75	164.92	153.11	99.99	219.99	332.28
Pension & Post-Retirement Benefits	1,273	1,157	965.67	891.26	766.5	742.85
Long-Term Deferred Tax Liabilities	-	0.04	0.4	75.56	1.13	1.45
Total Liabilities	13,498	14,886	13,592	15,501	17,105	20,209
Common Stock	446.28	454.62	454.62	454.62	464.37	464.37
Retained Earnings	2,518	1,975	2,727	2,416	2,445	3,252
Comprehensive Income & Other	-120.92	-78.57	-64.37	-20.53	-39.9	-221.1
Total Common Equity	2,844	2,351	3,117	2,850	2,870	3,495
Shareholders' Equity	2,844	2,351	3,117	2,850	2,870	3,495
Total Liabilities & Equity	16,342	17,236	16,709	18,351	19,974	23,704
Total Debt	9,517	11,278	10,677	11,892	13,378	15,479
Net Cash (Debt)	-8,800	-9,989	-9,470	-10,345	-11,764	-12,355
Net Cash Per Share	-3.17	-0.58	-4.22	-3.65	-4.15	-4.33
Filing Date Shares Outstanding	2,780	2,780	2,828	2,832	2,832	2,834
Total Common Shares Outstanding	2,780	2,780	2,828	2,832	2,832	2,834
Working Capital	1,177	1,699	1,370	1,136	1,317	1,036
Book Value Per Share	1.02	0.85	1.10	1.01	1.01	1.23
Tangible Book Value	1,783	1,367	2,053	1,687	1,570	2,235
Tangible Book Value Per Share	0.64	0.49	0.73	0.60	0.55	0.79
Land	447.07	444.3	455.65	463.47	461.35	461.35
Buildings	-	584.7	632.11	643.5	597.11	597.11
Machinery	-	3,721	3,732	3,770	3,854	4,063
Construction In Progress	729.22	593.4	648.15	612.19	591.72	901.19
Leasehold Improvements	-	448.41	437.03	504.57	510.44	587.27

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