For the period from 5 January to 31 December 2015 |
||
|---|---|---|
| Operating activities | ||
| Income before income tax | Ps. | 148,905 |
| Items not affecting cash flows: | ||
| Depreciation | 2,322,780 | |
| Accrued interest income | (143,662) | |
| Accrued interest expense | 422,280 | |
| Foreign exchange loss, net | 126,320 | |
| Net periodic benefit cost | 1,199 | |
| 2,877,822 | ||
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (618) | |
| Related parties | 195,230 | |
| Other current and non-current assets | (346,429) | |
| Accounts payable and accrued liabilities | 321,252 | |
| Asset retirement obligation | 419,783 | |
| Taxes and contributions payable | 111,836 | |
| Net cash flows from operating activities | 3,578,876 | |
| Investing activities | ||
| Interest received | 143,662 | |
| Property and equipment | (6,615,695) | |
| Net cash flows used in investing activities | (6,472,033) | |
| Financing activities | ||
| Short-term debt | 1,000,377 | |
| Long-term debt | 18,642,058 | |
| Interest paid on short-term debt | (6,422) | |
| Interest paid on long-term debt | (70,227) | |
| Loans from related party spin-offs | 21,000,000 | |
| Loans repaid to related parties | (21,000,000) | |
| Interest paid to related parties | (8,710) | |
| Spun off share capital | 35,000 | |
| Other components of equity | (16,228,640) | |
| Net cash flows from financing activities | 3,363,436 | |
| Net increase in cash and cash equivalents | 470,279 | |
| Efectivo y equivalentes al principio del periodo | – | |
| Cash and cash equivalents at end of year | Ps. | 470,279 |
The accompanying notes are an integral part of these financial statements.