MEXICAN STOCK EXCHANGE STOCK EXCHANGE CODE: WALMEX QUARTER: 03 YEAR: 2010 WAL - MART DE MEXICO, S.A.B. DE C.V. BALANCE SHEETS TO SEPTIEMBRE 30 OF 2010 AND 2009 CONSOLIDATED (Thousand Pesos) Final Printing CURRENT YEAR PREVIOUS YEAR REF S CONCEPTS Amount % Amount % s01 TOTAL ASSETS 176,964,949 100 120,383,374 100 s02 CURRENT ASSETS 48,760,667 28 37,942,681 32 s03 CASH AND AVAILABLE INVESTMENTS 15,270,571 9 13,511,292 11 s04 ACCOUNTS AND NOTES RECEIVABLE (NET) 1,572,194 1 750,955 1 s05 OTHER ACCOUNTS AND NOTES RECEIVABLE (NET) 3,639,266 2 2,435,989 2 s06 INVENTORIES 27,733,086 16 20,749,520 17 s07 OTHER CURRENT ASSETS 545,550 0 494,925 0 s08 LONG-TERM 0 0 0 0 s09 ACCOUNTS AND NOTES RECEIVABLE (NET) 0 0 0 0 INVESTMENTS IN SHARES OF NON-CONSOLIDATED s10 0 0 0 0 SUBSIDIARIES, JOINT VENTURES AND ASSOCIATES s11 OTHER INVESTMENTS 0 0 0 0 s12 PROPERTY, PLANT AND EQUIPMENT (NET) 97,174,256 55 82,440,693 68 s13 LAND AND BUILDINGS 91,460,061 52 79,413,222 66 s14 MACHINERY AND INDUSTRIAL EQUIPMENT 0 0 0 0 s15 OTHER EQUIPMENT 38,979,322 22 31,414,842 26 s16 ACCUMULATED DEPRECIATION 36,358,068 21 31,369,422 26 s17 CONSTRUCTION IN PROGRESS 3,092,941 2 2,982,051 2 s18 OTHER INTANGIBLE ASSETS AND DEFERRED ASSETS (NET) 31,030,026 18 0 0 s19 OTHER ASSETS 0 0 0 0 s20 TOTAL LIABILITIES 60,050,262 100 42,147,893 100 s21 CURRENT LIABILITIES 41,973,529 70 32,903,973 78 s22 SUPPLIERS 30,074,738 50 24,037,514 57 s23 BANK LOANS 264,444 0 0 0 s24 STOCK MARKET LOANS 0 0 0 0 s103 OTHER LOANS WITH COST 977,197 2 233,238 1 s25 TAXES PAYABLE 932,038 2 0 0 s26 OTHER CURRENT LIABILITIES WITHOUT COST 9,725,112 16 8,633,221 20 s27 LONG-TERM LIABILITIES 11,850,967 20 3,898,096 9 s28 BANK LOANS 0 0 0 0 s29 STOCK MARKET LOANS 0 0 0 0 s30 OTHER LOANS WITH COST 11,850,967 20 3,898,096 9 s31 DEFERRED LIABILITIES 0 0 0 0 s32 OTHER NON CURRENT LIABILITIES WITHOUT COST 6,225,766 10 5,345,824 13 s33 CONSOLIDATED STOCKHOLDERS EQUITY 116,914,687 100 78,235,481 100 COUNTABLE CAPITAL OF THE PARTICIPATION NOT s34 168,808 0 0 0 CONTROLADORA COUNTABLE CAPITAL OF THE PARTICIPATION s35 116,745,879 100 78,235,481 100 CONTROLADORA s36 CONTRIBUTED CAPITAL 50,039,502 43 21,755,844 28 s79 CAPITAL STOCK 52,261,575 45 23,476,314 30 s39 PREMIUM ON ISSUANCE OF SHARES -2,222,073 -2 -1,720,470 -2 s40 CONTRIBUTIONS FOR FUTURE CAPITAL INCREASES 0 0 0 0 s41 EARNED CAPITAL 66,706,377 57 56,479,637 72 s42 RETAINED EARNINGS AND CAPITAL RESERVES 66,239,686 57 56,479,637 72 s44 OTHER ACCUMULATED COMPREHENSIVE RESULT 466,691 0 0 0 s80 SHARES REPURCHASED 0 0 0 0 MEXICAN STOCK EXCHANGE STOCK EXCHANGE CODE: WALMEX QUARTER: 03 YEAR: 2010 WAL - MART DE MEXICO, S.A.B. DE C.V. BALANCE SHEETS BREAKDOWN OF MAIN CONCEPTS CONSOLIDATED (Thousand Pesos) Final Printing CURRENT YEAR PREVIOUS YEAR REF S CONCEPTS Amount % Amount % s03 CASH AND AVAILABLE INVESTMENTS 15,270,571 100 13,511,292 100 s46 CASH 219,526 1 134,279 1 s47 AVAILABLE INVESTMENTS 15,051,045 99 13,377,013 99 s07 OTHER CURRENT ASSETS 545,550 100 494,925 100 s81 DERIVATIVE FINANCIAL INSTRUMENTS 0 0 0 0 s82 DISCONTINUED OPERATIONS 0 0 0 0 s83 OTHER 545,550 100 494,925 100 OTHER INTANGIBLE ASSETS AND DEFERRED ASSETS s18 31,030,026 100 0 100 (NET) s48 DEFERRED EXPENSES (NET) 0 0 0 0 s49 GOODWILL 29,606,363 95 0 0 s51 OTHER 1,423,663 5 0 0 s19 OTHER ASSETS 0 100 0 100 s85 DERIVATIVE FINANCIAL INSTRUMENTS 0 0 0 0 s50 DEFERRED TAXES 0 0 0 0 s104 BENEFITS TO EMPLOYEES 0 0 0 0 s86 DISCONTINUED OPERATIONS 0 0 0 0 s87 OTHER 0 0 0 0 s21 CURRENT LIABILITIES 41,973,529 100 32,903,973 100 s52 FOREIGN CURRENCY LIABILITIES 7,971,839 19 2,098,143 6 s53 MEXICAN PESOS LIABILITIES 34,001,690 81 30,805,830 94 s26 OTHER CURRENT LIABILITIES WITHOUT COST 9,725,112 100 8,633,221 100 s88 DERIVATIVE FINANCIAL INSTRUMENTS 0 0 0 0 s89 INTEREST LIABILITIES 0 0 0 0 s68 PROVISIONS 0 0 0 0 s90 DISCONTINUED OPERATIONS 0 0 0 0 s58 OTHER CURRENT LIABILITIES 9,697,028 100 8,523,446 99 s105 BENEFITS TO EMPLOYEES 28,084 0 109,775 1 s27 LONG-TERM LIABILITIES 11,850,967 100 3,898,096 100 s59 FOREIGN CURRENCY LIABILITIES 6,815,545 58 0 0 s60 MEXICAN PESOS LIABILITIES 5,035,422 42 3,898,096 100 s31 DEFERRED LIABILITIES 0 100 0 100 s65 NEGATIVE GOODWILL 0 0 0 0 s67 OTHER 0 0 0 0 s32 OTHER NON CURRENT LIABILITIES WITHOUT COST 6,225,766 100 5,345,824 100 s66 DEFERRED TAXES 5,495,421 88 5,251,693 98 s91 OTHER LIABILITIES IN RESPECT OF SOCIAL INSURANCE 730,345 12 94,131 2 s92 DISCONTINUED OPERATIONS 0 0 0 0 s69 OTHER LIABILITIES 0 0 0 0 s79 CAPITAL STOCK 52,261,575 100 23,476,314 100 s37 CAPITAL STOCK (NOMINAL) 43,243,899 83 14,399,352 61 s38 RESTATEMENT OF CAPITAL STOCK 9,017,676 17 9,076,962 39 MEXICAN STOCK EXCHANGE STOCK EXCHANGE CODE: WALMEX QUARTER: 03 YEAR: 2010 WAL - MART DE MEXICO, S.A.B. DE C.V. BALANCE SHEETS CONSOLIDATED BREAKDOWN OF MAIN CONCEPTS (Thousand Pesos) Final Printing CURRENT YEAR PREVIOUS YEAR REF S CONCEPTS Amount % Amount % s42 RETAINED EARNINGS AND CAPITAL RESERVES 66,239,686 100 56,479,637 100 s93 LEGAL RESERVE 4,718,199 7 4,718,199 8 s43 RESERVE FOR REPURCHASE OF SHARES 0 0 0 0 s94 OTHER RESERVES 0 0 0 0 s95 RETAINED EARNINGS 48,511,333 73 40,691,125 72 s45 NET INCOME FOR THE YEAR 13,010,154 20 11,070,313 20 s44 OTHER ACCUMULATED COMPREHENSIVE RESULT 466,691 100 0 100 s70 ACCUMULATED MONETARY RESULT 0 0 0 0 s71 RESULT FROM HOLDING NON-MONETARY ASSETS 0 0 0 0 CUMULATIVE RESULT FROM FOREIGN CURRENCY s96 466,691 100 0 0 TRANSLATION CUMULATIVE RESULT FROM DERIVATIVE FINANCIAL s97 0 0 0 0 INSTRUMENTS s98 CUMULATIVE EFFECT OF DEFERRED INCOME TAXES 0 0 0 0 s100 OTHER 0 0 0 0 MEXICAN STOCK EXCHANGE STOCK EXCHANGE CODE: WALMEX QUARTER: 03 YEAR: 2010 WAL - MART DE MEXICO, S.A.B. DE C.V. BALANCE SHEETS CONSOLIDATED OTHER CONCEPTS (Thousand Pesos) Final Printing CURRENT YEAR PREVIOUS YEAR REF S CONCEPTS Amount Amount s72 WORKING CAPITAL 6,787,138 5,038,708 s73 PENSIONS AND SENIORITY PREMIUMS 421,831 367,332 s74 EXECUTIVES (*) 0 0 s75 EMPLOYEES (*) 213,770 174,486 s76 WORKERS (*) 0 0 s77 OUTSTANDING SHARES (*) 17,882,730,000 8,393,677,223 s78 REPURCHASED SHARES (*) 38,770,000 33,933,200 s101 RESTRICTED CASH 0 0 s102 DEBT OF NON CONSOLIDATED COMPANIES 0 0 (*) THESE CONCEPTS ARE STATED IN UNITS MEXICAN STOCK EXCHANGE STOCK EXCHANGE CODE: WALMEX QUARTER: 03 YEAR: 2010 WAL - MART DE MEXICO, S.A.B. DE C.V. STATEMENTS OF INCOME CONSOLIDATED FROM JANUARY THE 1st TO SEPTIEMBRE 30 OF 2010 AND 2009 (Thousand Pesos) Final Printing CURRENT YEAR PREVIOUS YEAR REF R CONCEPTS Amount % Amount % r01 NET SALES 235,561,904 100 190,145,908 100 r02 COST OF SALES 184,173,211 78 149,259,496 78 r03 GROSS PROFIT 51,388,693 22 40,886,412 22 r04 GENERAL EXPENSES 33,502,535 14 25,937,540 14 r05 INCOME (LOSS) FROM OPERATION 17,886,158 8 14,948,872 8 r08 OTHER INCOME AND (EXPENSE), NET 190,751 0 -22,839 0 r06 COMPREHENSIVE FINANCING RESULT 491,151 0 449,402 0 EQUITY IN NET INCOME OF NON-CONSOLIDATED 0 0 0 0 r12 SUBSIDIARIES, JOINT VENTURES AND ASSOCIATES r48 NON ORDINARY ITEMS 0 0 0 0 r09 INCOME BEFORE INCOME TAXES 18,568,060 8 15,375,435 8 r10 INCOME TAXES 5,549,712 2 4,305,122 2 r11 INCOME (LOSS) BEFORE DISCONTINUED OPERATIONS 13,018,348 6 11,070,313 6 r14 DISCONTINUED OPERATIONS 0 0 0 0 r18 NET CONSOLIDATED INCOME 13,018,348 6 11,070,313 6 r19 NET INCOME OF PARTICIPATION NOT CONTROLADORA 8,194 0 0 0 r20 NET INCOME OF PARTICIPATION CONTROLADORA 13,010,154 6 11,070,313 6 MEXICAN STOCK EXCHANGE STOCK EXCHANGE CODE: WALMEX QUARTER: 03 YEAR: 2010 WAL - MART DE MEXICO, S.A.B. DE C.V. STATEMENTS OF INCOME CONSOLIDATED BREAKDOWN OF MAIN CONCEPTS (Thousand Pesos) Final Printing CURRENT YEAR PREVIOUS YEAR REF R CONCEPTS Amount % Amount % r01 NET SALES 235,561,904 100 190,145,908 100 r21 DOMESTIC 209,246,691 89 190,145,908 100 r22 FOREIGN 26,315,213 11 0 0 r23 TRANSLATED INTO DOLLARS (***) 2,089,753 1 0 0 r08 OTHER INCOME AND (EXPENSE), NET 190,751 100 -22,839 100 r49 OTHER INCOME AND (EXPENSE), NET 229,199 120 7,301 -32 r34 EMPLOYEES PROFIT SHARING EXPENSES 38,448 20 30,140 -132 r35 DEFERRED EMPLOYEES PROFIT SHARING 0 0 0 0 r06 COMPREHENSIVE FINANCING RESULT 491,151 100 449,402 100 r24 INTEREST EXPENSE 0 0 0 0 r42 GAIN (LOSS) ON RESTATEMENT OF UDIS 0 0 0 0 r45 OTHER FINANCE COSTS 327,169 67 187,893 42 r26 INTEREST INCOME 759,539 155 680,174 151 r46 OTHER FINANCIAL PRODUCTS 0 0 0 0 r25 FOREIGN EXCHANGE GAIN (LOSS) (NET) 36,207 7 -42,879 -10 r28 RESULT FROM MONETARY POSITION 22,574 5 0 0 r10 INCOME TAXES 5,549,712 100 4,305,122 100 r32 INCOME TAX 5,477,498 99 4,569,785 106 r33 DEFERRED INCOME TAX 72,214 1 -264,663 -6 (***) FIGURES IN THOUSANDS OF U.S.