GRUPO FAMSA, S.A.B. DE C.V. (CONSOLIDATED RESULTS)

(Ps. Million) 2018 2017 2016 2015 2014
Sales 19,886 17,463 17,544 16,022 14,856
Gross profit 9,019 7,813 7,819 7,055 6,791
Operating income 1,159 818 994 1,124 1,023
Financial result, net (882) (660) (1,095) (1,213) (906)
EBITDA 1,565 1,231 1,411 1,670 1,442
(Ps. Million) 2018 2017 2016 2015 2014
Current assets 28,438 23,924 25,324 27,609 28,211
Non-current assets 20,121 20,103 17,165 10,752 6,896
Total assets 48,559 44,028 42,490 38,361 35,108
Cash & cash equivalents’ 1,541 1,643 1,504 2,194 1,858
Current liabilities 33,648 28,838 24,172 21,712 15,333
Non-Current liabilities 8,932 8,797 10,003 9,015 9,494
Total liabilities 42,580 37,635 34,175 30,728 24,827
Shareholders’ equity 5,979 6,392 8,315 7,633 10,280
(Ps. Million) 2018 2017 2016 2015 2014
Profit before Tx 277 158 (101) (88) 117
Operating activities 647 1,733 420 511 79
Investing activities 792 254 (135) 45 (197)
Financing activities (1,538) (1,607) (997) (222) 471
Initial cash balance 1,955 1,815 2,506 1,858 1,509
∆ Cash & cash equivalents (102) 140 (691) 336 349
Final cash balance 1,853 1,955 1,815 2,194 1,858
2018 2017 2016 2015 2014
Total sales growth 13.9% 0.0% 9.5% 7.8% (1.3%)
Same-store sales growth 13.9% 1.7% 6.2% 7.7% 6.3%
EBITDA growth 27.2% (12.8%) (15.5%) 15.8% (15.5%)
Gross margin 45.4% 44.7% 44.6% 44.0% 45.7%
Operating margin 5.8% 4.7% 5.7% 7.0% 6.9%
EBITDA margin 7.9% 7.0% 8.0% 10.4% 9.7%
Net margin (2.1%) (0.6%) 2.0% 0.9% 0.4%
2018 2017 2016 2015 2014
#-Total stores 423 425 406 403 395
#-Famsa Mexico stores 379 377 380 377 370
#-Famsa USA stores 22 22 26 26 25
#-Banking branches 377 424 399 400 401
Floor space (m2) 514,546 508,897 522,878 519,187 503,460
2018 2017 2016 2015 2014
Net Debt (Ps. Million) 7,216 7,383 8,497 6,906 5,938
Gross Debt (Ps. Million) 8,757 9,026 10,001 9,101 7,796
Interest Coverage 1.3 1.2 1.5 2.2 2.1
Total debt (minus bank deposits) / EBITDA (LTM) 5.6 7.3 7.1 5.4 5.4
Net Debt (minus bank deposits) / EBITDA (LTM) 4.6 6.0 6.0 4.1 4.1
Total debt (minus bank deposits) / Equity 1.5 1.4 1.2 1.2 1.0
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