v3.26.1
Consolidated Statements of Cash Flows - MXN ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities:      
Net income for the year $ 1,060,804 $ 711,522 $ 1,036,564
Adjustments for:      
Income tax expense 660,981 469,260 380,023
Depreciation and amortization 389,535 392,186 382,119
Impairment of assets held for sale 166,581
Interest expense 541,045 639,705 827,812
Interest income (34,090) (22,818) (45,056)
Gain on disposal of non-current assets (8,474) (992) (1,460)
Loss by selling of properties 529,722
Share-based payment expense   4,188
Movements in non-controlling interest   117 (93)
Effect of foreign currency conversion 26,936 (16,711) (4,349)
Loss (gain) in valuation of derivative financial instruments 108,846 (156,766) 32,591
Total adjustments 2,745,583 2,711,806 2,612,339
(Increase) decrease in:      
Trade accounts receivable (48,354) (60,638) (101,393)
Trade accounts receivable from related parties 250 (146) (43)
Inventory 511,113 (470,959) 92,136
Prepaid expenses and other assets 65,100 122,003 (84,826)
Increase (decrease) in:      
Accounts payable to suppliers and accrued expenses (423,470) 419,023 423,104
Trade accounts payable to related parties (1,237) 1,237 (96,859)
Provisions (26,681) (55,830) 3,589
Value-added tax payable 22,725 (47,169) 28,722
Statutory employee profit sharing 7,273 6,400 (2,443)
Employee benefits (7,513) (9,350) (32,606)
Income taxes paid (608,062) (819,247) (474,941)
Net cash provided by operating activities 2,236,727 1,797,130 2,366,779
Investing activities:      
Payments of fixed and intangible assets (114,475) (181,503) (131,066)
Proceeds from disposal of fixed assets 7,631 11,774 20,682
Proceeds from disposal of properties 108,071 156,500
Commission by selling of properties (10,055)
Interest received 34,090 22,818 45,056
Net cash provided (used) in investing activities 35,317 (466) (65,328)
Financing activities:      
Proceeds from debt and borrowings 5,540,700 3,027,100 6,498,994
Repayment of borrowings (6,257,700) (3,319,600) (7,633,715)
Bond issuance costs (8,355)
Interest paid on borrowings (502,458) (603,921) (652,313)
Lease payments (principal and interest) (169,904) (155,361) (123,241)
Acquisition of non-controlling interest in Betterware Guatemala (896)
Dividends paid (850,000) (998,054) (648,735)
Net cash used in financing activities (2,240,258) (2,049,836) (2,567,365)
Increase (decrease) in cash and cash equivalents 31,786 (253,172) (265,914)
Cash and cash equivalents at the beginning of year 296,558 549,730 815,644
Cash and cash equivalents at the end of year $ 328,344 $ 296,558 $ 549,730

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