Wednesday, July 5, 2017

Mexico Publicly-Traded Companies Filing With the US SEC 2016 Audited IFRS Total Earnings Down 12% From 2015, Down 29% From 2013 and Down 40% From 2012

From a review of SEC filings and the Google Finance Website, I found 9 Companies headquartered in Mexico with Stock Market Capitalizations now of at least US$2 Bil and which filed their financial statements with the US SEC.

Below here are the reported Audited IFRS Net Income (Losses) From Continuing Operations of each of  these 9 Mexico Companies for all of their fiscal years reported from 2011 through 2016:



2016 2015 2014 2013 2012 2011


Most Audited Audited Audited Audited Audited Audited
Mexico Companies
Recent Net Net Net Net Net Net
Filing Financial Statements 2016 Income Income Income Income Income Income
With US SEC City HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)

mil Mex pesos mil Mex pesos mil Mex pesos mil Mex pesos mil Mex pesos mil Mex pesos








Fomento Economico Mexicano Monterrey Dec          27,175          23,276          22,630          22,155          28,051          20,901
Cemex Monterrey Dec          14,183               854          (5,770)          (9,708)        (11,338)        (24,932)
America Movil Mexico City Dec          12,079          36,961          47,498          74,974          91,649          88,199
Coca Cola FEMSA Mexico City Dec          10,527          10,329          10,966          11,782          13,898          11,213
Grupo Televisa Mexico City Dec            5,333          12,325            6,660          10,234          10,069            7,957
Grupo Aeroportuario del Sureste Mexico City Dec            3,629            2,914            2,284            2,297            2,075            1,591
Controladora Vuela Compania de Aviacion Mexico City Dec            3,519            2,464               605               265               203             (315)
Grupo Aeroportuario del Pacifico Guadalajara Dec            3,354            2,771            2,243            2,246            1,772            1,612
Grupo Aeroportuario del Centro Norte San Pedro Dec            1,877            1,237            1,027            1,201               819               616









Total all 9

         81,676          93,131          88,143        115,446        137,198        106,842









2016 Total Earnings % Below:







….. 2015 Total Earnings

-12%
   


….. 2013 Total Earnings

-29%




….. 2012 Total Earnings

-40%