CONSOLIDATED STATEMENTS OF CHANGES
IN STOCKHOLDERS’ EQUITY

For the years ended December 31,2012 and 2011
(In thousands of Mexican pesos)

    Capital
stock		   Net stock issuance
premium		   Retained
earnings		   Translation effects
of foreign
operations		   Valuation of
derivative
financial
instruments		   Actuarial
losses		   Share of other
comprehensive
income of
associates		   Total
controlling
interest		   Non-controlling
interest		   Total
stockholders’
equity
Balances as of January 1, 2011 (transition date) $ 2,539,813 $ 879,092 $ 29,550,923 $ - $ (64,123) $ - $ - $ 32,905,705 $ 7,045,392 $ 39,951,097
Repurchase of stock   (4,335)   -   (350,228)   -   -   -   -   (354,563)   -   (354,563)
Cash dividends decreed   -   -   (1,148,647)   -   -   -   -   (1,148,647)   -   (1,148,647)
Dividends paid to non-controlling interest   -   -   -   -   -   -   -   -   (122,174)   (122,174)
Decrease in non-controlling interest due to stock purchase   -   -   20,419   -   -   -   -   20,419   (259,820)   (239,401)
Balances before comprehensive income   2,535,478   879,092   28,072,467   -   (64,123)   -   -   31,422,914   6,663,398   38,086,312
Consolidated comprehensive income of the year   -   -   4,321,562   659,242   33,308   (85,858)   24,676   4,952,930   724,753   5,677,683
Consolidated balances as of December 31, 2011   2,535,478   879,092   32,394,029   659,242   (30,815)   (85,858)   24,676   36,375,844   7,388,151   43,763,995
Repurchase of stock   1,296   -   (60,890)   -   -   -   -   (59,594)   -   (59,594)
Cash dividends decreed   -   -   (1,373,881)   -   -   -   -   (1,373,881)   -   (1,373,881)
Dividends paid to non-controlling interest   -   -   -   -   -   -   -   -   (1,241,637)   (1,241,637)
Decrease in non-controlling interest due to stock purchase (Note 3i)   -   -   (3,308,309)   -   -   -   -   (3,308,309)   (3,553,598)   (6,861,907)
Balances before comprehensive income   2,536,774   879,092   27,650,949   659,242   (30,815)   (85,858)   24,676   31,634,060   2,592,916   34,226,976
Consolidated comprehensive income of the year   -   -   7,640,589   (420,774)   2,950   (148,355)   8,863   7,083,273   570,340   7,653,613
Consolidated balances as of December 31, 2012 $ 2,536,774 $ 879,092 $ 35,291,538 $ 238,468 $ (27,865) $ (234,213) $ 33,539 $ 38,717,333 $ 3,163,256 $ 41,880,589

See accompanying notes to consolidated financial statements.