2013 Fourth - Quarter and Full Year Results
2013 FOURTH - QUARTER AND FULL YEAR RESULTS Fourth Quarter Full Year Excluding M&A Excluding M&A 2013 2012 Reported Δ% 2013 2012 Reported Δ% Effects Δ%(5) Effects Δ%(5) Total Revenues 43,240 39,860 8.5% -2.2% 156,011 147,739 5.6% 1.0% Gross Profit 19,918 18,815 5.9% 72,935 68,630 6.3% Operating Income 6,609 7,224 -8.5% -15.2% 21,450 21,957 -2.3% -5.6% Net Income Attributable to Equity Holders of the Company 3,066 4,320 -29.0% 11,543 13,333 -13.4% Operative cash flow(1) 8,554 8,673 -1.4% -8.3% 28,594 27,924 2.4% -1.0% Stock Listing Information Net Debt (2) 45,155 6,680 576.0% Net Debt / Operative cash flow 1.58 0.24 Mexican Stock Exchange Operative cash flow/ Interest Expense, net 10.64 18.24 Ticker: KOFL Earnings per Share (3) 5.61 6.62 Capitalization (4) NYSE (ADR) 34.7% 23.1% Expressed in millions of Mexican pesos. Ticker: KOF (1) Operative cash flow = Operating income + Depreciation + Amortization & Other operative Non-cash Charges. See reconciliation table on page 8 except for Earnings per Share Ratio of KOF L to KOF = 10:1 (2) Net Debt = Total Debt - Cash (3) Based on 2,056.0 and 2,015.2 million weighted average outstanding ordinary shares in 2013 and 2012, respectively (4) Total debt / (long-term debt + shareholders' equity) (5) Excluding M&A Effects means, with respect to a year-over-year comparison, the increase in a given measure excluding the effects of mergers, acquisitions and divestitures.
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