----------------------------------------------- ------------- ------------
Taxes to be recovered long term 238.0 238.0
----------------------------------------------- ------------- ------------
Property, machinery and equipment 2,785.6 2,894.8
----------------------------------------------- ------------- ------------
Cumulative Depreciation (320.3) (366.1)
----------------------------------------------- ------------- ------------
Property, machinery and equipment -- Net 2,465.3 2,528.7
=============================================== ============= ============
Rights of use 296.4 354.2
----------------------------------------------- ------------- ------------
Other assets 204.1 187.5
----------------------------------------------- ------------- ------------
Total assets 4,094.8 4,030.5
----------------------------------------------- ------------- ------------
Current liabilities:
-----------------------------------------------
Bank loans and current maturities of
long-term liabilities 180.8 129.1
----------------------------------------------- ------------- ------------
Leases short-term 64.1 58.2
----------------------------------------------- ------------- ------------
Suppliers 430.3 229.0
----------------------------------------------- ------------- ------------
Other accounts payable and accrued
expenses 551.9 526.6
----------------------------------------------- ------------- ------------
Total current liabilities 1,227.1 942.9
=============================================== ============= ============
Long-term liabilities:
-----------------------------------------------
Bank loans 73.8 53.6
=============================================== ============= ============
Leases long-term 253.6 297.3
=============================================== ============= ============
Deferred taxes 284.3 312.3
=============================================== ============= ============
Other long-term liabilities 171.4 177.0
=============================================== ============= ============
Total long-term liabilities 783.2 840.3
----------------------------------------------- ============= ============
Total liabilities 2,010.3 1,783.1
----------------------------------------------- ------------- ------------
Total stockholders' equity 2,084.5 2,247.4
----------------------------------------------- ------------- ------------
Total liabilities and stockholders' equity 4,094.8 4,030.5
----------------------------------------------- ------------- ------------
*Prepared in accordance with International Financial
Reporting Standards as issued by the International
Accounting Standards Board.
Grupo TMM, S.A.B. and Subsidiaries
*Statement of Income
- Millions of Pesos -
Three months ended Nine months ended
September 30, September 30,
-------------------- -------------------
2021 2020 2021 2020
--------------------------------- --------- --------- --------- --------
Maritime 287.5 171.4 670.3 553.7
Ports and Terminals 51.2 69.1 177.4 245.4
Warehousing Services 32.6 30.8 92.5 107.5
--------------------------------- --------- --------- --------- --------
Revenue from freight and services 371.3 271.3 940.3 906.6
--------------------------------- --------- --------- --------- --------
Maritime (243.3) (146.5) (597.7) 483.9
Ports and Terminals (49.9) (74.8) (166.2) (225.2)
Warehousing Services (23.5) (31.9) (68.5) (91.4)
--------------------------------- --------- --------- --------- --------
Cost of freight and
services (316.7) (253.2) (832.4) (800.5)
--------------------------------- --------- --------- --------- --------
Maritime (3.7) (9.7) (12.5) (32.0)
Ports and Terminals (6.9) (8.7) (25.9) (28.1)
Warehousing Services (12.1) (10.5) (36.9) (31.2)
Depreciation and amortization (22.8) (29.0) (75.2) (91.3)
--------------------------------- --------- --------- --------- --------
Maritime 40.5 15.2 60.2 37.8
Ports and Terminals (5.6) (14.4) (14.7) (7.9)
Warehousing Services (3.0) (11.6) (12.9) (15.1)
Results by business 31.8 (10.9) 32.6 14.7
--------------------------------- --------- --------- --------- --------
Corporate expenses (30.9) (28.6) (102.7) (79.6)
Corporate depreciation and
amortization (1.1) (2.1) (3.3) (14.1)
Non-recurring (expenses)
income (11.0) (207.4) (69.6) (181.5)
Operating (loss) gain (11.2) (248.9) (142.9) (260.5)
================================= ========= ========= ========= ========
Financial (expenses) income - Net (8.4) (10.0) (18.9) (27.0)
Leases financial expenses (9.3) (2.7) (30.0) (22.0)
Exchange gain (loss) - Net (7.7) (3.9) 7.8 (54.2)
--------------------------------- --------- --------- --------- --------
Net financial cost (25.4) (16.5) (41.1) (103.2)
--------------------------------- --------- --------- --------- --------
(loss) gain before taxes (36.6) (265.4) (184.1) (363.6)
================================= ========= ========= ========= ========
Provision for taxes (0.1) (28.0) 21.1 35.9
--------------------------------- --------- --------- --------- --------
Net (loss) gain for the period (36.7) (293.4) (162.9) (327.7)
--------------------------------- --------- --------- --------- --------
Attributable to:
Minority interest (0.5) (1.4) (6.8) (4.9)
--------------------------------- --------- --------- --------- --------
Equity holders of GTMM, S.A.B. (36.2) (292.1) (156.1) (322.8)
--------------------------------- --------- --------- --------- --------
Weighted average outstanding
shares (millions) 102.183 102.183 102.183 102.183
Income (loss) earnings per share
(pesos/share) (0.4) (2.9) (1.5) (3.2)
Outstanding shares at end of
period (millions) 102.183 102.183 102.183 102.183
Income (loss) earnings per share
(pesos/share) (0.4) (2.9) (1.5) (3.2)
--------------------------------- --------- --------- --------- --------
*Prepared in accordance with International Financial
Reporting Standards as issued by the International
Accounting Standards Board.
Grupo TMM, S.A.B. and subsidiaries
*Statement of Cash Flow
- Millions of Pesos -
Three months ended Nine months ended
September 30, September 30,
-------------------- ---------------------
2021 2020 2021 2020
------------------------- --------- ----------
Cash flow from operation
activities:
-------------------------
Net loss for the period (36.7) (293.4) (162.9) (327.7)
------------------------- --------- --------- --------- --------
Charges (credits) to
income not affecting
resources:
-------------------------
Depreciation &
amortization 23.9 31.4 78.5 106.5
------------------------- --------- --------- --------- --------
Deferred taxes (2.8) 15.5 (28.0) (64.6)
------------------------- --------- --------- --------- --------
Other non-cash items 22.9 162.9 100.7 161.7
------------------------- --------- --------- --------- --------
Total non-cash items 44.0 209.8 151.2 203.6
------------------------- --------- --------- --------- --------
Changes in assets &
liabilities (36.5) (34.6) (84.3) (121.5)
------------------------- --------- --------- --------- --------
Total adjustments 7.6 175.2 66.9 82.1
------------------------- --------- --------- --------- --------
Net cash used in
operating activities (29.2) (118.3) (96.0) (245.6)
========================= ========= ========= ========= ========
Cash flow from investing
activities:
-------------------------
Proceeds from sales of
Press Release: Grupo TMM Reports 2021 Third -2-
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.