On the downside, the Total Audited Earnings of these 12 Mexican Companies were down a bit in each of the two most recent years from a year earlier.
But on the huge upside, these same 12 Mexican Companies generated Total Audited Earnings From Continuing Operations of Mexican Pesos 90.082 bil in the Most Recent 2014, which was a massive Mexican Pesos 85.098 bil, or 17 times, Earnings Improvement from the Mexican Pesos 4.984 bil of Total Earnings in the Financial Meltdown Year of 2008.
These Audited Earnings amounts are based on IFRS GAAP in the most recent 4 or 5 years and based on US GAAP in the earlier 2 or 3 years.
Below here are the reported Audited Net Income (Losses) of each of these 12 Mexico Companies for all of their fiscal years reported from 2008 through 2014, presented by Market Cap:
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |||
Most | Audited | Audited | Audited | Audited | Audited | Audited | Audited | ||
Mexico Companies | Recent | Net | Net | Net | Net | Net | Net | Net | |
Filing Financial Statements | 2014 | Income | Income | Income | Income | Income | Income | Income | |
With US SEC | City HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
mil Mex pesos | mil Mex pesos | mil Mex pesos | mil Mex pesos | mil Mex pesos | mil Mex pesos | mil Mex pesos | |||
America Movil | Mexico City | Dec | 47,498 | 74,974 | 91,649 | 88,199 | 98,905 | 74,360 | 54,252 |
Fomento Economico Mexicano | Monterrey | Dec | 22,630 | 22,155 | 28,051 | 20,901 | 72,204 | 10,685 | 6,599 |
Grupo Televisa | Mexico City | Dec | 6,660 | 10,234 | 10,069 | 7,957 | 8,623 | 5,561 | 9,049 |
Cemex | Monterrey | Dec | (5,680) | (9,611) | (11,338) | (24,767) | (13,436) | (1,124) | (63,663) |
Gruma | San Pedro | Dec | 3,858 | 3,457 | 823 | 4,672 | 590 | 1,678 | (11,786) |
Coca Cola FEMSA | Mexico City | Dec | 10,966 | 11,782 | 13,898 | 11,213 | 10,105 | 8,853 | 5,802 |
Grupo Aeroportuario del Sureste | Mexico City | Dec | 2,284 | 2,297 | 2,075 | 1,591 | 1,251 | 919 | 1,220 |
Grupo Aeroportuario del Pacifico | Guadalajara | Dec | 2,243 | 2,246 | 1,772 | 1,612 | 1,725 | 1,476 | 1,961 |
Grupo Aeroportuario del Centro Norte | San Pedro | Dec | 1,027 | 1,201 | 819 | 616 | 660 | 302 | 1,013 |
Grupo Simec | Guadalajara | Dec | 518 | 989 | 1,954 | 2,979 | 830 | (279) | 1,844 |
Controladora Vuela Compania de Aviacion | Mexico City | Dec | 605 | 265 | 203 | (315) | 643 | ||
Empresas ICA | Mexico City | Dec | (2,527) | 700 | 963 | 170 | 725 | 405 | (1,307) |
Total all 12 | 90,082 | 120,689 | 140,938 | 114,828 | 182,825 | 102,836 | 4,984 | ||
2014 Earnings Increase Over 2008: | |||||||||
….. Amount | 85,098 | ||||||||
….. % | 1707% |