Consolidated Statements of
Financial Position

(Amounts in thousands of Mexican pesos)

  As at 31 December
  2016 2015
Assets        
Current assets:        
Cash and cash equivalents (Note 4) Ps. 231,533 Ps. 470,279
Accounts receivable   3,779   618
Related parties (Note 6)   104,969   10,593
Recoverable taxes   165,715   9,545
Other current assets (Note 5)   144,528   200,993
Total current assets   650,524   692,028
         
Non-current assets:        
Licenses and software   8,755   -
Property and equipment, net (Note 7)   43,173,883   38,687,768
Deferred tax assets (Note 16)   28,492   31,271
Other non-current assets (Note 5)   190,001   145,436
Total assets Ps. 44,051,655 Ps. 39,556,503
         
Liabilities and equity
        
Current liabilities:
        
Short-term debt and interest (Note 9) Ps. 345,486 Ps. 1,000,377
Interest payable on long-term debt (Note 9)   476,492   388,908
Accounts payable and accrued liabilities (Note 14)   430,122   264,899
Taxes and contributions payable   77,363   572,778
Related parties (Note 6)   190,518   205,823
Employee benefits (Note 13)   7,505   3,201
Total current liabilities   1,527,486   2,435,986
         
Non-current liabilities:
        
Long-term debt (Note 9)   21,520,659   18,769,543
Deferred tax liabilities (Note 16)   10,488,050   9,886,089
Retirement benefits (Note 12)   3,767   1,199
Asset retirement obligation (Note 8)   831,670   732,990
Total liabilities   34,371,632   31,825,807
         
Equity (Note 15):        
Share capital   35,000   35,000
Other components of equity   (16,228,640)   (16,228,640)
Surplus from revaluation of assets   23,861,672   22,446,129
Components of other comprehensive income   616   -
Retained earnings   2,962,554   1,411,023
Net (loss)/income for the year   (951,179)   67,184
Total equity   9,680,023   7,730,696
Total liabilities and equity Ps. 44,051,655 Ps. 39,556,503

The accompanying notes are an integral part of these financial statements.