Grupo Herdez, S.A.B. de C.V. (GUZOF)

Grupo Herdez Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,710	3,287	1,986	2,406	2,216	3,681
Cash & Short-Term Investments	3,710	3,287	1,986	2,406	2,216	3,681
Cash Growth	-3.78%	65.48%	-17.44%	8.56%	-39.79%	59.37%
Accounts Receivable	4,210	4,093	4,457	3,987	4,139	3,323
Other Receivables	1,730	1,547	2,441	1,978	1,483	1,156
Receivables	5,940	5,640	6,898	5,965	5,623	4,480
Inventory	5,644	5,367	5,016	5,511	4,830	3,370
Other Current Assets	441.03	488.42	102.48	140.91	161.16	110.25
Total Current Assets	15,735	14,782	14,003	14,023	12,830	11,641
Property, Plant & Equipment	6,390	6,354	6,399	6,303	6,017	5,751
Long-Term Investments	7,026	7,330	6,525	6,885	7,418	7,258
Goodwill	4,522	4,534	4,522	4,493	4,296	4,300
Other Intangible Assets	3,648	3,602	3,268	3,189	2,960	2,762
Long-Term Deferred Tax Assets	3,269	3,128	2,542	2,156	1,973	1,429
Other Long-Term Assets	839.36	472.1	467.62	504.47	475.92	433.81
Total Assets	41,429	40,203	37,727	37,554	35,969	33,575
Accounts Payable	6,274	5,932	5,432	5,263	3,735	2,722
Accrued Expenses	-	525.1	463.93	209.07	142.61	32.52
Short-Term Debt	-	-	-	-	500	-
Current Portion of Long-Term Debt	1,000	1,000	-	2,000	250	-
Current Portion of Leases	448.17	439.96	452.06	325.83	265.43	360.5
Current Income Taxes Payable	266.86	294.68	478.05	221.95	288.42	17.61
Other Current Liabilities	3,663	3,101	2,576	2,029	1,922	1,674
Total Current Liabilities	11,652	11,293	9,401	10,049	7,103	4,807
Long-Term Debt	8,500	8,474	9,473	8,467	9,217	9,456
Long-Term Leases	562	589.67	525.3	479.79	672.14	477.02
Long-Term Unearned Revenue	-	3.82	2.42	1.92	1.58	-
Long-Term Deferred Tax Liabilities	1,155	1,141	1,193	1,030	1,166	1,049
Other Long-Term Liabilities	-20.39	-	-	-	36.31	77.49
Total Liabilities	22,437	22,063	21,030	20,407	18,546	16,238
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	7,156	4,496	4,416	3,362	4,742	3,347
Comprehensive Income & Other	621.4	2,686	1,964	2,724	1,429	3,165
Total Common Equity	8,345	7,893	7,092	6,797	6,882	7,222
Minority Interest	10,648	10,247	9,604	10,350	10,541	10,114
Shareholders' Equity	18,993	18,140	16,696	17,147	17,423	17,336
Total Liabilities & Equity	41,429	40,203	37,727	37,554	35,969	33,575
Total Debt	10,510	10,504	10,451	11,272	10,904	10,294
Net Cash (Debt)	-6,800	-7,217	-8,464	-8,867	-8,688	-6,613
Net Cash Per Share	-21.08	-22.25	-25.52	-26.00	-24.23	-17.32
Filing Date Shares Outstanding	321.61	321.96	330	335.47	350	367.79
Total Common Shares Outstanding	321.61	321.96	330	335.47	350	367.79
Working Capital	4,083	3,489	4,601	3,974	5,727	6,833
Book Value Per Share	25.95	24.51	21.49	20.26	19.66	19.64
Tangible Book Value	174.75	-243.71	-698.17	-885.73	-373.84	160.01
Tangible Book Value Per Share	0.54	-0.76	-2.12	-2.64	-1.07	0.44
Land	420.29	420.29	420.29	420.24	418.78	378.41
Buildings	2,758	2,748	2,755	2,673	2,561	2,691
Machinery	6,800	6,766	6,617	6,045	5,856	5,800
Construction In Progress	941.63	791.5	593.77	1,063	747.69	362.55

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