CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the years ended December 31, 2012 and 2011
(In thousands of Mexican pesos, except data of basic earnings per common share)

  Note     2012   2011
Continuing operations:            
Net sales     $ 84,179,267 $ 79,203,396
Cost of sales 28     61,760,353   59,392,589
Gross profit       22,418,914   19,810,807
Sales and development expenses 28     9,133,691   8,450,442
Administrative expenses 28     3,250,808   3,242,099
Depreciation 28     645,431   595,964
Statutory employee profit sharing       208,190   198,548
Other (income) expenses, net 29     (79,012)   319,895
Interest expense       815,206   775,298
Interest income       (294,654)   (490,300)
Exchange gain       (1,923,075   (2,936,561)
Exchange loss       1,626,347   3,285,878
Effects of valuation of derivative financial instruments       (611,042)   498,391
Equity in income of associates 18     (1,551,698)   (635,717)
Income before income taxes       11,198,722   6,506,870
Income taxes 30     2,967,734   1,894,361
Income from continuing operations       8,230,988   4,612,509
Discontinued operations:            
Income from discontinued operations, net 31     5,782   291,979
Consolidated net income for the year     $ 8,236,770 $ 4,904,488
Other comprehensive income (loss):            
Translation effects of foreign operations       (446,084)   741,300
Valuation of derivative financial instruments       2,255   93,382
Actuarial losses       (148,191   (86,163)
Share of other comprehensive income of associates       8,863   24,676
Consolidated comprehensive income of the year     $ 7,653,613 $ 5,677,683
Consolidated net income attributable to:            
Controlling interest     $ 7,640,589 $ 4,321,562
Non-controlling interest       596,181   582,926
      $ 8,236,770 $ 4,904,488
Basic earnings per common share attributable to controlling interest:            
Continuing operations     $ 3.337 $ 1.880
Discontinued operations     $ 0.003 $ 0.127
Basic earnings per common share     $ 3.340 $ 2.007
Weighted average number of shares (‘000)       2,289,877   2,298,757
Consolidated comprehensive income attributable to:            
Controlling interest     $ 7,083,273 $ 4,952,930
Non-controlling interest       570,340   724,753
      $ 7,653,613 $ 5,677,683

See accompanying notes to consolidated financial statements.