Av.
Vasco de Quiroga No. 2000, Colonia Santa Fe 01210 Mexico,
D.F.
|
(Address
of principal executive offices)
|
Form
20-F
|
x
|
Form
40-F
|
Yes
|
|
No
|
x
|
MEXICAN
STOCK EXCHANGE
|
|||
STOCK
EXCHANGE CODE: TLEVISA
|
QUARTER:
4
|
YEAR:
2006
|
|
GRUPO
TELEVISA, S.A.B.
|
CONSOLIDATED
BALANCE SHEETS
|
|||
AS
OF DECEMBER 31, 2006 AND 2005
|
|||
(Thousands
of Mexican Pesos)
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
S
|
Amount
|
%
|
Amount
|
%
|
|
s01
|
TOTAL
ASSETS
|
83,030,490
|
100
|
78,221,901
|
100
|
|
|
|
|
|
|
s02
|
CURRENT
ASSETS
|
47,500,550
|
57
|
35,279,120
|
45
|
s03
|
CASH
AND SHORT-TERM INVESTMENTS
|
15,810,748
|
19
|
15,376,934
|
20
|
s04
|
ACCOUNTS
AND NOTES RECEIVABLE (NET)
|
13,597,569
|
16
|
14,459,545
|
18
|
s05
|
OTHER
ACCOUNTS AND NOTES RECEIVABLE (NET)
|
1,673,154
|
2
|
930,011
|
1
|
s06
|
INVENTORIES
|
3,826,064
|
5
|
3,911,132
|
5
|
s07
|
OTHER
CURRENT ASSETS
|
12,593,015
|
15
|
601,498
|
1
|
s08
|
LONG-TERM
ASSETS
|
5,710,663
|
7
|
7,895,046
|
10
|
s09
|
ACCOUNTS
AND NOTES RECEIVABLE (NET)
|
-
|
0
|
-
|
0
|
s10
|
INVESTMENT
IN SHARES OF NON-CONSOLIDATED
|
1,586,814
|
2
|
6,785,109
|
9
|
|
SUBSIDIARIES
AND ASSOCIATES
|
|
|
|
|
s11
|
OTHER
INVESTMENTS
|
4,123,849
|
5
|
1,109,937
|
1
|
s12
|
PROPERTY,
PLANT AND EQUIPMENT (NET)
|
20,975,939
|
25
|
20,528,184
|
26
|
s13
|
LAND
AND BUILDINGS
|
14,015,810
|
17
|
13,909,851
|
18
|
s14
|
MACHINERY
AND INDUSTRIAL EQUIPMENT
|
21,812,966
|
26
|
20,401,338
|
26
|
s15
|
OTHER
EQUIPMENT
|
3,433,162
|
4
|
3,142,070
|
4
|
s16
|
ACCUMULATED
DEPRECIATION
|
19,449,494
|
23
|
17,870,662
|
23
|
s17
|
CONSTRUCTION
IN PROGRESS
|
1,163,495
|
1
|
945,587
|
1
|
s18
|
INTANGIBLE
ASSETS AND DEFERRED CHARGES (NET)
|
5,390,082
|
6
|
10,419,131
|
13
|
s19
|
OTHER
ASSETS
|
3,453,256
|
4
|
4,100,420
|
5
|
|
|
|
|
|
|
s20
|
TOTAL
LIABILITIES
|
46,426,117
|
100
|
47,147,532
|
100
|
|
|
|
|
|
|
s21
|
CURRENT
LIABILITIES
|
8,050,708
|
17
|
7,409,830
|
16
|
s22
|
SUPPLIERS
|
3,450,753
|
7
|
3,074,484
|
7
|
s23
|
BANK
LOANS
|
6,122
|
0
|
256,112
|
1
|
s24
|
STOCK
MARKET LOANS
|
980,246
|
2
|
98,144
|
0
|
s25
|
TAXES
PAYABLE
|
1,179,477
|
3
|
1,098,587
|
2
|
s26
|
OTHER
CURRENT LIABILITIES
|
2,434,110
|
5
|
2,882,503
|
6
|
s27
|
LONG-TERM
LIABILITIES
|
18,915,745
|
41
|
20,107,421
|
43
|
s28
|
BANK
LOANS
|
7,174,290
|
15
|
3,828,931
|
8
|
s29
|
STOCK
MARKET LOANS
|
10,621,040
|
23
|
15,043,448
|
32
|
s30
|
OTHER
LOANS
|
1,120,415
|
2
|
1,235,042
|
3
|
s31
|
DEFERRED
LIABILITIES
|
17,161,804
|
37
|
18,777,887
|
40
|
s32
|
OTHER
NON CURRENT LIABILITIES
|
2,297,860
|
5
|
852,394
|
2
|
|
|
|
|
|
|
s33
|
CONSOLIDATED
STOCKHOLDERS' EQUITY
|
36,604,373
|
100
|
31,074,369
|
100
|
|
|
|
|
|
|
s34
|
MINORITY
INTEREST
|
1,583,093
|
4
|
885,359
|
3
|
s35
|
MAJORITY
INTEREST
|
35,021,280
|
96
|
30,189,010
|
97
|
s36
|
CONTRIBUTED
CAPITAL
|
14,509,392
|
40
|
14,673,482
|
47
|
s79
|
CAPITAL
STOCK
|
10,126,212
|
28
|
10,290,302
|
33
|
s39
|
PREMIUM
ON ISSUANCE OF SHARES
|
4,383,180
|
12
|
4,383,180
|
14
|
s40
|
CONTRIBUTIONS
FOR FUTURE CAPITAL INCREASES
|
-
|
0
|
-
|
0
|
s41
|
EARNED
CAPITAL
|
20,511,888
|
56
|
15,515,528
|
50
|
s42
|
RETAINED
EARNINGS AND CAPITAL RESERVES
|
34,196,223
|
93
|
28,933,488
|
93
|
s44
|
ACCUMULATED
OTHER COMPREHENSIVE RESULT
|
(6,081,164)
|
(17)
|
(6,087,258)
|
(20)
|
s80
|
SHARES
REPURCHASED
|
(7,603,171)
|
(21)
|
(7,330,702)
|
(24)
|
CONSOLIDATED
BALANCE SHEETS
|
|||
BREAKDOWN
OF MAJOR CONCEPTS
|
|||
(Thousands
of Mexican Pesos)
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
S
|
Amount
|
%
|
Amount
|
%
|
|
|
|
|
|
|
|
s03
|
CASH
AND SHORT-TERM INVESTMENTS
|
15,810,748
|
100
|
15,376,934
|
100
|
s46
|
CASH
|
675,840
|
4
|
566,655
|
4
|
s47
|
SHORT-TERM
INVESTMENTS
|
15,134,908
|
96
|
14,810,279
|
96
|
|
|
|
|
|
|
s07
|
OTHER
CURRENT ASSETS
|
12,593,015
|
100
|
601,498
|
100
|
s81
|
DERIVATIVE
FINANCIAL INSTRUMENTS
|
-
|
0
|
-
|
0
|
s82
|
DISCONTINUED
OPERATIONS
|
-
|
0
|
-
|
0
|
s83
|
OTHER
|
12,593,015
|
100
|
601,498
|
100
|
|
|
|
|
||
s18
|
INTANGIBLE
ASSETS AND DEFERRED CHARGES (NET)
|
5,390,082
|
100
|
10,419,131
|
100
|
s48
|
DEFERRED
EXPENSES (NET)
|
3,205,137
|
59
|
2,927,282
|
28
|
s49
|
GOODWILL
|
2,184,945
|
41
|
7,491,849
|
72
|
s51
|
OTHER
|
-
|
0
|
-
|
0
|
|
|
|
|
|
|
s19
|
OTHER
ASSETS
|
3,453,256
|
100
|
4,100,420
|
100
|
s84
|
INTANGIBLE
ASSET FROM LABOR OBLIGATIONS
|
-
|
0
|
-
|
0
|
s85
|
DERIVATIVE
FINANCIAL INSTRUMENTS
|
-
|
0
|
-
|
0
|
s50
|
DEFERRED
TAXES
|
-
|
0
|
-
|
0
|
s86
|
DISCONTINUED
OPERATIONS
|
-
|
0
|
-
|
0
|
s87
|
OTHER
|
3,453,256
|
100
|
4,100,420
|
100
|
|
|
|
|
||
s21
|
CURRENT
LIABILITIES
|
8,050,708
|
100
|
7,409,830
|
100
|
s52
|
FOREIGN
CURRENCY LIABILITIES
|
2,594,750
|
32
|
2,312,246
|
31
|
s53
|
MEXICAN
PESOS LIABILITIES
|
5,455,958
|
68
|
5,097,584
|
69
|
|
|
|
|
|
|
s26
|
OTHER
CURRENT LIABILITIES
|
2,434,110
|
100
|
2,882,503
|
100
|
s88
|
DERIVATIVE
FINANCIAL INSTRUMENTS
|
315,634
|
13
|
318,275
|
11
|
s89
|
ACCRUED
INTEREST
|
262,064
|
11
|
348,171
|
12
|
s68
|
PROVISIONS
|
-
|
0
|
-
|
0
|
s90
|
DISCONTINUED
OPERATIONS
|
-
|
0
|
-
|
0
|
s58
|
OTHER
|
1,856,412
|
76
|
2,216,057
|
77
|
|
|
|
|
|
|
s27
|
LONG-TERM
LIABILITIES
|
18,915,745
|
100
|
20,107,421
|
100
|
s59
|
FOREIGN
CURRENCY LIABILITIES
|
11,773,285
|
62
|
15,689,401
|
78
|
s60
|
MEXICAN
PESOS LIABILITIES
|
7,142,460
|
38
|
4,418,020
|
22
|
|
|
|
|
|
|
s31
|
DEFERRED
LIABILITIES
|
17,161,804
|
100
|
18,777,887
|
100
|
s65
|
NEGATIVE
GOODWILL
|
-
|
0
|
-
|
0
|
s67
|
OTHER
|
17,161,804
|
100
|
18,777,887
|
100
|
|
|
|
|
|
|
s32
|
OTHER
NON CURRENT LIABILITIES
|
2,297,860
|
100
|
852,394
|
100
|
s66
|
DEFERRED
TAXES
|
1,488,778
|
65
|
172,371
|
20
|
s91
|
LABOR
OBLIGATIONS
|
287,035
|
12
|
199,949
|
23
|
s92
|
DISCONTINUED
OPERATIONS
|
-
|
0
|
-
|
0
|
s69
|
OTHER
LIABILITIES
|
522,047
|
23
|
480,074
|
56
|
|
|
|
|
|
|
s79
|
CAPITAL
STOCK
|
10,126,212
|
100
|
10,290,302
|
100
|
s37
|
CAPITAL
STOCK (NOMINAL)
|
2,483,923
|
25
|
2,524,174
|
25
|
s38
|
RESTATEMENT
CAPITAL STOCK
|
7,642,289
|
75
|
7,766,128
|
75
|
|
|
|
|
|
|
s42
|
RETAINED
EARNINGS AND CAPITAL RESERVES
|
34,196,223
|
100
|
28,933,488
|
100
|
s93
|
LEGAL
RESERVE
|
2,058,060
|
6
|
1,871,279
|
6
|
s43
|
RESERVE
FOR REPURCHASE OF SHARES
|
4,459,258
|
13
|
5,977,422
|
21
|
s94
|
OTHER
RESERVES
|
-
|
0
|
-
|
0
|
s95
|
RETAINED
EARNINGS
|
19,092,717
|
56
|
14,710,965
|
51
|
s45
|
NET
INCOME
|
8,586,188
|
25
|
6,373,822
|
22
|
|
|
|
|
|
|
s44
|
ACCUMULATED
OTHER COMPREHENSIVE RESULT
|
(6,081,164)
|
100
|
(6,087,258)
|
100
|
s70
|
ACCUMULATED
MONETARY RESULT
|
(33,912)
|
1
|
(33,912)
|
1
|
s71
|
RESULT
FROM HOLDING NON-MONETARY ASSETS
|
(2,564,411)
|
42
|
(2,499,541)
|
41
|
s96
|
CUMULATIVE
RESULT FROM FOREIGN CURRENCY TRANSLATION
|
(1,496,500)
|
25
|
(2,070,599)
|
34
|
s97
|
CUMULATIVE
RESULT FROM DERIVATIVE FINANCIAL INSTRUMENTS
|
-
|
0
|
-
|
0
|
s98
|
CUMULATIVE
EFFECT OF DEFERRED INCOME TAXES
|
(3,107,621)
|
51
|
(3,107,621)
|
51
|
s99
|
LABOR
OBLIGATION ADJUSTMENT
|
-
|
0
|
-
|
0
|
s100
|
OTHER
|
1,121,280
|
(18)
|
1,624,415
|
(27)
|
CONSOLIDATED
FINANCIAL STATEMENTS
|
|||
OTHER
CONCEPTS
|
|||
(Thousands
of Mexican Pesos)
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
S
|
Amount
|
%
|
Amount
|
%
|
|
s57
|
OTHER
CURRENT LIABILITIES WITH COST (S26)
|
86,176
|
78,668
|
|
|
s63
|
OTHER
LOANS WITH COST (S32)
|
-
|
-
|
|
|
s72
|
WORKING
CAPITAL
|
39,449,842
|
27,869,290
|
|
|
s73
|
PENSIONS
AND SENIORITY PREMIUMS
|
1,737,640
|
1,359,333
|
|
|
s74
|
EXECUTIVES
(*)
|
35
|
34
|
|
|
s75
|
EMPLOYEES
(*)
|
16,170
|
15,042
|
|
|
s76
|
WORKERS
(*)
|
-
|
-
|
|
|
s77
|
OUTSTANDING
SHARES (*)
|
337,782,285,516
|
339,940,931,070
|
|
|
s78
|
REPURCHASED
SHARES (*)
|
25,602,614,115
|
29,332,439,331
|
|
|
s101
|
RESTRICTED
CASH
|
-
|
138,592
|
|
|
s102
|
NET
DEBT OF NON CONSOLIDATED COMPANIES
|
472,882
|
17,215,544
|
|
|
|
|
|
|
|
|
(*) THESE CONCEPTS ARE STATED IN UNITS
|
CONSOLIDATED
STATEMENTS OF INCOME
|
|||
FROM
JANUARY 1 THROUGH DECEMBER 31, 2006 AND 2005
|
|||
(Thousands
of Mexican Pesos)
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
R
|
Amount
|
%
|
Amount
|
%
|
|
r01
|
NET
SALES
|
37,931,841
|
100
|
33,797,563
|
100
|
r02
|
COST
OF SALES
|
18,436,169
|
49
|
17,411,851
|
52
|
r03
|
GROSS
PROFIT
|
19,495,672
|
51
|
16,385,712
|
48
|
r04
|
OPERATING
EXPENSES
|
5,746,778
|
15
|
5,145,066
|
15
|
r05
|
OPERATING
INCOME
|
13,748,894
|
36
|
11,240,646
|
33
|
r06
|
INTEGRAL
FINANCING COST
|
1,099,691
|
3
|
1,854,259
|
5
|
r07
|
INCOME
AFTER INTEGRAL FINANCING COST
|
12,649,203
|
33
|
9,386,387
|
28
|
r08
|
OTHER
EXPENSE AND INCOME, NET
|
211,041
|
1
|
483,037
|
1
|
r44
|
NON-RECURRING
CHARGES
|
614,354
|
2
|
239,220
|
1
|
r09
|
INCOME
BEFORE TAXES AND EMPLOYEES' PROFIT
|
||||
|
SHARING
|
11,823,808
|
31
|
8,664,130
|
26
|
r10
|
PROVISION
FOR TAXES AND EMPLOYEES' PROFIT
|
||||
|
SHARING
|
2,047,173
|
5
|
802,406
|
2
|
r11
|
NET
INCOME AFTER TAXES AND EMPLOYEES' PROFIT
|
||||
|
SHARING
|
9,776,635
|
26
|
7,861,724
|
23
|
r12
|
SHARE
IN NET INCOME OF NON-CONSOLIDATED
|
||||
|
SUBSIDIARIES
AND ASSOCIATES
|
(602,206)
|
(2)
|
166,649
|
0
|
r13
|
CONSOLIDATED
NET INCOME OF CONTINUING
|
||||
|
OPERATIONS
|
9,174,429
|
24
|
8,028,373
|
24
|
r14
|
INCOME
FROM DISCONTINUED OPERATIONS
|
0
|
0
|
0
|
0
|
r15
|
CONSOLIDATED
NET INCOME BEFORE EXTRAORDINARY
|
||||
|
ITEMS
|
9,174,429
|
24
|
8,028,373
|
24
|
r16
|
EXTRAORDINARY
ITEMS, NET EXPENSE (INCOME)
|
0
|
0
|
0
|
0
|
r17
|
CUMULATIVE
EFFECT FROM ACCOUNTING CHANGE, NET
|
0
|
0
|
526,592
|
2
|
r18
|
NET
CONSOLIDATED INCOME
|
9,174,429
|
24
|
7,501,781
|
22
|
r19
|
NET
INCOME OF MINORITY INTEREST
|
588,241
|
2
|
1,127,959
|
3
|
r20
|
NET
INCOME OF MAJORITY INTEREST
|
8,586,188
|
23
|
6,373,822
|
19
|
CONSOLIDATED
STATEMENTS OF INCOME
|
|||
BREAKDOWN
OF MAIN CONCEPTS
|
|||
(Thousands
of Mexican Pesos)
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
|
|
|
|
||
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
R
|
|
Amount
|
%
|
Amount
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
r01
|
NET
SALES
|
37,931,841
|
100
|
33,797,563
|
100
|
r21
|
DOMESTIC
|
33,532,875
|
88
|
29,881,597
|
88
|
r22
|
FOREIGN
|
4,398,966
|
12
|
3,915,966
|
12
|
r23
|
TRANSLATED
INTO DOLLARS (***)
|
407,217
|
1
|
354,155
|
1
|
|
|
|
|
|
|
r06
|
INTEGRAL
FINANCING COST
|
1,099,691
|
100
|
1,854,259
|
100
|
r24
|
INTEREST
EXPENSE
|
1,897,748
|
173
|
2,187,952
|
118
|
r42
|
LOSS
(GAIN) ON RESTATEMENT OF UDI'S
|
39,843
|
4
|
33,063
|
2
|
r45
|
OTHER
FINANCIAL COSTS
|
0
|
0
|
0
|
0
|
r26
|
INTEREST
INCOME
|
1,094,266
|
100
|
969,905
|
52
|
r46
|
OTHER
FINANCIAL PRODUCTS
|
0
|
0
|
0
|
0
|
r25
|
FOREIGN
EXCHANGE LOSS (GAIN), NET
|
190,516
|
17
|
757,036
|
41
|
r28
|
RESULT
FROM MONETARY POSITION
|
65,850
|
6
|
(153,887)
|
(8)
|
|
|
|
|
|
|
r10
|
PROVISION
FOR TAXES AND EMPLOYEES´ PROFIT SHARING
|
2,047,173
|
100
|
802,406
|
100
|
r32
|
INCOME
TAX AND ASSET TAX, CURRENT
|
770,856
|
38
|
1,601,399
|
200
|
r33
|
INCOME
TAX AND ASSET TAX, DEFERRED
|
1,245,815
|
61
|
(819,707)
|
(102)
|
r34
|
EMPLOYEES'
PROFIT SHARING, CURRENT
|
30,502
|
1
|
20,714
|
3
|
r35
|
EMPLOYEES'
PROFIT SHARING, DEFERRED
|
0
|
0
|
0
|
0
|
|
|
|
|
|
|
(***)
THOUSANDS OF DOLLARS
|
|
||||
CONSOLIDATED
STATEMENTS OF INCOME
|
|||
OTHER
CONCEPTS
|
|||
(Thousands
of Mexican Pesos)
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
R
|
Amount
|
Amount
|
|
r36
|
TOTAL
SALES
|
40,468,264
|
36,418,026
|
r37
|
TAX
RESULT FOR THE YEAR
|
838,353
|
4,516,604
|
r38
|
NET
SALES (**)
|
37,931,841
|
33,797,563
|
r39
|
OPERATING
INCOME (**)
|
13,748,894
|
11,240,646
|
r40
|
NET
INCOME OF MAJORITY INTEREST (**)
|
8,586,188
|
6,373,822
|
r41
|
NET
CONSOLIDATED INCOME (**)
|
9,174,429
|
7,501,781
|
r47
|
DEPRECIATION
AND AMORTIZATION
|
2,679,066
|
2,517,015
|
|
|
|
|
(**) RESTATED INFORMATION FOR THE LAST TWELVE MONTHS
|
|
QUARTERLY
CONSOLIDATED STATEMENTS OF INCOME
|
|||
FROM
OCTOBER 1 THROUGH DECEMBER 31, 2006 AND 2005
|
|||
(Thousands
of Mexican Pesos)
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
|
|
|
|
||
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
RT
|
|
Amount
|
%
|
Amount
|
%
|
|
|
|
|
|
|
rt01
|
NET
SALES
|
10,740,777
|
100
|
10,043,097
|
100
|
rt02
|
COST
OF SALES
|
5,099,512
|
47
|
4,948,408
|
49
|
rt03
|
GROSS
PROFIT
|
5,641,265
|
53
|
5,094,689
|
51
|
rt04
|
OPERATING
EXPENSES
|
1,629,450
|
15
|
1,456,359
|
15
|
rt05
|
OPERATING
INCOME
|
4,011,815
|
37
|
3,638,330
|
36
|
rt06
|
INTEGRAL
FINANCING COST
|
401,747
|
4
|
331,037
|
3
|
rt07
|
INCOME
AFTER INTEGRAL FINANCING COST
|
3,610,068
|
34
|
3,307,293
|
33
|
rt08
|
OTHER
EXPENSE AND INCOME, NET
|
66,925
|
1
|
100,323
|
1
|
rt44
|
NON-RECURRING
CHARGES
|
60,471
|
1
|
22,707
|
0
|
rt09
|
INCOME
BEFORE TAXES AND EMPLOYEES' PROFIT
|
||||
|
SHARING
|
3,482,672
|
32
|
3,184,263
|
32
|
rt10
|
PROVISION
FOR TAXES AND EMPLOYEES' PROFIT
|
||||
|
SHARING
|
613,565
|
6
|
(462,821)
|
(5)
|
rt11
|
NET
INCOME AFTER TAXES AND EMPLOYEES' PROFIT
|
||||
|
SHARING
|
2,869,107
|
27
|
3,647,084
|
36
|
rt12
|
SHARE
IN NET INCOME OF NON-CONSOLIDATED
|
||||
|
SUBSIDIARIES
AND ASSOCIATES
|
(270,716)
|
(3)
|
(17,797)
|
(0)
|
rt13
|
CONSOLIDATED
NET INCOME OF CONTINUING
|
||||
|
OPERATIONS
|
2,598,391
|
24
|
3,629,287
|
36
|
rt14
|
INCOME
FROM DISCONTINUED OPERATIONS
|
0
|
0
|
0
|
0
|
rt15
|
CONSOLIDATED
NET INCOME BEFORE EXTRAORDINARY
|
||||
|
ITEMS
|
2,598,391
|
24
|
3,629,287
|
36
|
rt16
|
EXTRAORDINARY
ITEMS, NET EXPENSE (INCOME)
|
0
|
0
|
0
|
0
|
rt17
|
CUMULATIVE
EFFECT FROM ACCOUNTING CHANGE, NET
|
0
|
0
|
336,818
|
3
|
rt18
|
NET
CONSOLIDATED INCOME
|
2,598,391
|
24
|
3,292,469
|
33
|
rt19
|
NET
INCOME OF MINORITY INTEREST
|
256,942
|
2
|
673,423
|
7
|
rt20
|
NET
INCOME OF MAJORITY INTEREST
|
2,341,449
|
22
|
2,619,046
|
26
|
QUARTERLY
CONSOLIDATED STATEMENTS OF INCOME
|
|||
BREAKDOWN
OF MAIN CONCEPTS
|
|||
(Thousands
of Mexican Pesos)
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
|
|
|
|
||
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
RT
|
|
Amount
|
%
|
Amount
|
%
|
|
|
|
|
|
|
rt01
|
NET
SALES
|
10,740,777
|
100
|
10,043,097
|
100
|
rt21
|
DOMESTIC
|
9,567,535
|
89
|
8,968,181
|
89
|
rt22
|
FOREIGN
|
1,173,242
|
11
|
1,074,916
|
11
|
rt23
|
TRANSLATED
INTO DOLLARS (***)
|
117,809
|
1
|
104,483
|
1
|
|
|
||||
rt06
|
INTEGRAL
FINANCING COST
|
401,747
|
100
|
331,037
|
100
|
rt24
|
INTEREST
EXPENSE
|
442,043
|
110
|
542,924
|
164
|
rt42
|
LOSS
(GAIN) ON RESTATEMENT OF UDI'S
|
18,142
|
5
|
13,743
|
4
|
rt45
|
OTHER
FINANCIAL COSTS
|
0
|
0
|
0
|
0
|
rt26
|
INTEREST
INCOME
|
226,298
|
56
|
200,513
|
61
|
rt46
|
OTHER
FINANCIAL PRODUCTS
|
0
|
0
|
0
|
0
|
rt25
|
FOREIGN
EXCHANGE LOSS (GAIN), NET
|
205,546
|
51
|
142,130
|
43
|
rt28
|
RESULT
FROM MONETARY POSITION
|
(37,686)
|
(9)
|
(167,247)
|
(51)
|
|
|
||||
rt10
|
PROVISION
FOR TAXES AND EMPLOYEES´ PROFIT SHARING
|
613,565
|
100
|
(462,821)
|
100
|
rt32
|
INCOME
TAX AND ASSET TAX, CURRENT
|
(514,842)
|
(84)
|
510,165
|
(110)
|
rt33
|
INCOME
TAX AND ASSET TAX, DEFERRED
|
1,107,254
|
180
|
(988,843)
|
214
|
rt34
|
EMPLOYEES'
PROFIT SHARING, CURRENT
|
21,153
|
3
|
15,857
|
(3)
|
rt35
|
EMPLOYEES'
PROFIT SHARING, DEFERRED
|
0
|
0
|
0
|
0
|
|
|
||||
(***) THOUSANDS OF DOLLARS
|
|
QUARTERLY
CONSOLIDATED STATEMENTS OF INCOME
|
|||
OTHER
CONCEPTS
|
|||
(Thousands
of Mexican Pesos)
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
|
|
|
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
RT
|
|
Amount
|
Amount
|
rt47
|
DEPRECIATION
AND AMORTIZATION
|
698,653
|
698,668
|
CONSOLIDATED
STATEMENTS OF CHANGES IN FINANCIAL POSITION
|
|||
FROM
JANUARY 1 THROUGH DECEMBER 31, 2006 AND 2005
|
|||
(Thousands
of Mexican Pesos)
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
|
|
|
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
C
|
|
Amount
|
Amount
|
c01
|
CONSOLIDATED
NET INCOME
|
9,174,429
|
7,501,781
|
c02
|
+
(-) ITEMS ADDED TO INCOME WHICH DO NOT REQUIRE
|
||
|
USING
RESOURCES
|
4,913,762
|
2,336,954
|
c03
|
RESOURCES
FROM NET INCOME FOR THE YEAR
|
14,088,191
|
9,838,735
|
c04
|
RESOURCES
PROVIDED OR USED IN OPERATION
|
(173,430)
|
1,916,141
|
c05
|
RESOURCES
PROVIDED BY (USED FOR) OPERATING
|
||
|
ACTIVITIES
|
13,914,761
|
11,754,876
|
c06
|
RESOURCES
PROVIDED BY (USED FOR) EXTERNAL
|
||
|
FINANCING
ACTIVITIES
|
(425,988)
|
(4,869,813)
|
c07
|
RESOURCES
PROVIDED BY (USED FOR) INTERNAL
|
||
|
FINANCING
ACTIVITIES
|
(4,554,025)
|
(5,395,839)
|
c08
|
RESOURCES
PROVIDED BY (USED FOR) FINANCING
|
||
|
ACTIVITIES
|
(4,980,013)
|
(10,265,652)
|
c09
|
RESOURCES
PROVIDED BY (USED FOR) INVESTMENT
|
||
|
ACTIVITIES
|
(8,500,934)
|
(4,005,223)
|
c10
|
NET
INCREASE (DECREASE) IN CASH AND SHORT-TERM
|
||
|
INVESTMENTS
|
433,814
|
(2,515,999)
|
c11
|
CASH
AND SHORT-TERM INVESTMENTS AT THE
|
||
|
BEGINNING
OF PERIOD
|
15,376,934
|
17,892,933
|
c12
|
CASH
AND SHORT-TERM INVESTMENTS AT THE END
|
||
|
OF
PERIOD
|
15,810,748
|
15,376,934
|
|
|
|
|
CONSOLIDATED
STATEMENTS OF CHANGES IN FINANCIAL POSITION
|
|||
BREAKDOWN
OF MAIN CONCEPTS
|
|||
(Thousands
of Mexican Pesos)
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
|
|
|
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
C
|
|
Amount
|
Amount
|
c02
|
+
(-) ITEMS ADDED TO INCOME WHICH DO NOT REQUIRE
|
||
|
USING
RESOURCES
|
4,913,762
|
2,336,954
|
c13
|
+
DEPRECIATION AND AMORTIZATION FOR THE YEAR
|
2,679,066
|
2,517,015
|
c41
|
+
(-) OTHER ITEMS
|
2,234,696
|
(180,061)
|
|
|
||
c04
|
RESOURCES
PROVIDED OR USED IN OPERATION
|
(173,430)
|
1,916,141
|
c18
|
+
(-) DECREASE (INCREASE) IN ACCOUNTS RECEIVABLE
|
861,976
|
(2,384,962)
|
c19
|
+
(-) DECREASE (INCREASE) IN INVENTORIES
|
641,132
|
1,064,834
|
c20
|
+
(-) DECREASE (INCREASE) IN OTHER ACCOUNTS
|
||
|
RECEIVABLE
AND OTHER ASSETS
|
(1,064,187)
|
828,851
|
c21
|
+
(-) INCREASE (DECREASE) IN SUPPLIERS
|
376,269
|
778,642
|
c22
|
+
(-) INCREASE (DECREASE) IN OTHER LIABILITIES
|
(988,620)
|
1,628,776
|
|
|
||
c06
|
RESOURCES
PROVIDED BY (USED FOR) EXTERNAL
|
||
|
FINANCING
ACTIVITIES
|
(425,988)
|
(4,869,813)
|
c23
|
+
BANK FINANCING
|
3,500,000
|
-
|
c24
|
+
STOCK MARKET FINANCING
|
-
|
6,634,328
|
c25
|
+
DIVIDEND RECEIVED
|
-
|
-
|
c26
|
+
OTHER FINANCING
|
-
|
-
|
c27
|
(-)
BANK FINANCING AMORTIZATION
|
(245,506)
|
(1,219,152)
|
c28
|
(-)
STOCK MARKET FINANCING AMORTIZATION
|
(3,160,732)
|
(9,001,787)
|
c29
|
(-)
OTHER FINANCING AMORTIZATION
|
(55,946)
|
(138,205)
|
c42
|
+
(-) OTHER ITEMS
|
(463,804)
|
(1,144,997)
|
|
|
||
c07
|
RESOURCES
PROVIDED BY (USED FOR) INTERNAL
|
||
|
FINANCING
ACTIVITIES
|
(4,554,025)
|
(5,395,839)
|
c30
|
+
(-) INCREASE (DECREASE) IN CAPITAL STOCK
|
-
|
-
|
c31
|
(-)
DIVIDENDS PAID
|
(1,119,749)
|
(4,480,311)
|
c32
|
+
PREMIUM ON SALE OF SHARES
|
-
|
-
|
c33
|
+
CONTRIBUTION FOR FUTURE CAPITAL INCREASES
|
-
|
-
|
c43
|
+
(-) OTHER ITEMS
|
(3,434,276)
|
(915,528)
|
|
|
||
c09
|
RESOURCES
PROVIDED BY (USED FOR) INVESTMENT
|
||
|
ACTIVITIES
|
(8,500,934)
|
(4,005,223)
|
c34
|
+
(-) DECREASE (INCREASE) IN PERMANENT INVESTMENTS
|
2,207,478
|
(1,140,783)
|
c35
|
(-)
ACQUISITION OF PROPERTY, PLANT AND EQUIPMENT
|
(3,304,323)
|
(2,849,075)
|
c36
|
(-)
INCREASE IN CONSTRUCTION IN PROGRESS
|
-
|
-
|
c37
|
+
(-) SALE OF OTHER PERMANENT INVESTMENTS
|
-
|
-
|
c38
|
+
SALE OF TANGIBLE FIXED ASSETS
|
513,378
|
329,857
|
c39
|
+
(-) OTHER ITEMS
|
(7,917,467)
|
(345,222)
|
RATIOS
|
|||
CONSOLIDATED
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
REF
|
|||||
P
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||
|
|||||
|
YIELD
|
||||
p01
|
NET
INCOME TO NET SALES
|
24.18
|
%
|
22.19
|
%
|
p02
|
NET
INCOME TO STOCKHOLDERS' EQUITY (**)
|
24.51
|
%
|
21.11
|
%
|
p03
|
NET
INCOME TO TOTAL ASSETS (**)
|
11.04
|
%
|
9.59
|
%
|
p04
|
CASH
DIVIDENDS TO PREVIOUS YEAR NET INCOME
|
17.57
|
%
|
0.97
|
%
|
p05
|
RESULT
FROM MONETARY POSITION TO NET INCOME
|
(0.71)
|
%
|
2.05
|
%
|
|
|
||||
|
ACTIVITY
|
||||
p06
|
NET
SALES TO NET ASSETS (**)
|
0.45
|
times
|
0.43
|
times
|
p07
|
NET
SALES TO FIXED ASSETS (**)
|
1.80
|
times
|
1.64
|
times
|
p08
|
INVENTORIES
TURNOVER (**)
|
4.81
|
times
|
4.45
|
times
|
p09
|
ACCOUNTS
RECEIVABLE IN DAYS OF SALES
|
112.21
|
days
|
133.92
|
days
|
p10
|
PAID
INTEREST TO TOTAL LIABILITIES WITH COST (**)
|
9.49
|
%
|
10.65
|
%
|
|
|
||||
|
LEVERAGE
|
||||
p11
|
TOTAL
LIABILITIES TO TOTAL ASSETS
|
55.91
|
%
|
60.27
|
%
|
p12
|
TOTAL
LIABILITIES TO STOCKHOLDERS' EQUITY
|
1.26
|
times
|
1.51
|
times
|
p13
|
FOREIGN
CURRENCY LIABILITIES TO TOTAL LIABILITIES
|
30.94
|
%
|
38.18
|
%
|
p14
|
LONG-TERM
LIABILITIES TO FIXED ASSETS
|
90.17
|
%
|
97.95
|
%
|
p15
|
OPERATING
INCOME TO INTEREST PAID
|
7.24
|
times
|
5.13
|
times
|
p16
|
NET
SALES TO TOTAL LIABILITIES (**)
|
0.81
|
times
|
0.71
|
times
|
|
|
||||
|
LIQUIDITY
|
||||
p17
|
CURRENT
ASSETS TO CURRENT LIABILITIES
|
5.90
|
times
|
4.76
|
times
|
p18
|
CURRENT
ASSETS LESS INVENTORY TO CURRENT
|
||||
|
LIABILITIES
|
5.42
|
times
|
4.23
|
times
|
p19
|
CURRENT
ASSETS TO TOTAL LIABILITIES
|
1.02
|
times
|
0.74
|
times
|
p20
|
AVAILABLE
ASSETS TO CURRENT LIABILITIES
|
196.38
|
%
|
207.52
|
%
|
|
|
||||
|
STATEMENTS
OF CHANGES
|
||||
p21
|
RESOURCES
FROM NET INCOME TO NET SALES
|
37.14
|
%
|
29.11
|
%
|
p22
|
RESOURCES
FROM CHANGES IN WORKING CAPITAL TO
|
||||
|
NET
SALES
|
(0.45)
|
%
|
5.66
|
%
|
p23
|
RESOURCES
GENERATED (USED) IN OPERATING TO
|
||||
|
INTEREST
PAID
|
7.33
|
times
|
5.37
|
times
|
p24
|
EXTERNAL
FINANCING TO RESOURCES PROVIDED BY
|
||||
|
(USED
FOR) FINANCING
|
8.55
|
%
|
47.43
|
%
|
p25
|
INTERNAL
FINANCING TO RESOURCES PROVIDED BY
|
||||
|
(USED
FOR) FINANCING
|
91.44
|
%
|
52.56
|
%
|
p26
|
ACQUISITION
OF PROPERTY, PLANT AND EQUIPMENT TO
|
||||
|
RESOURCES
PROVIDED BY (USED FOR) INVESTMENT
|
||||
|
ACTIVITIES
|
38.87
|
%
|
71.13
|
%
|
|
|
||||
(**) RATIOS FOR THE DATA TAKE INTO CONSIDERATION THE LAST TWELVE
MONTHS.
|
|
DATA
PER SHARE
|
|||
CONSOLIDATED
FINANCIAL STATEMENT
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
REF
|
CONCEPTS
|
CURRENT
YEAR
|
PREVIOUS
YEAR
|
||||
D
|
Amount
|
Amount
|
d01
|
BASIC
PROFIT PER ORDINARY SHARE (**)
|
$
|
.03
|
$
|
.02
|
||
|
|
||||||
d02
|
BASIC
PROFIT PER PREFERRED SHARE (**)
|
$
|
.00
|
$
|
.00
|
||
|
|
||||||
d03
|
DILUTED
PROFIT PER ORDINARY SHARE (**)
|
$
|
.00
|
$
|
.00
|
||
|
|
||||||
d04
|
CONTINUING
OPERATING PROFIT PER COMMON SHARE (**)
|
$
|
.03
|
$
|
.02
|
||
|
|
||||||
d05
|
EFFECT
OF DISCONTINUED OPERATION ON CONTINUING
|
||||||
|
OPERATING
PROFIT PER SHARE (**)
|
$
|
.00
|
$
|
.00
|
||
|
|
||||||
d06
|
EFFECT
OF EXTRAORDINARY PROFIT AND LOSS ON
|
||||||
|
CONTINUING
OPERATING PROFIT PER SHARE (**)
|
$
|
.00
|
$
|
.00
|
||
|
|
||||||
d07
|
EFFECT
BY CHANGES IN ACCOUNTING POLICIES ON
|
||||||
|
CONTINUING
OPERATING PROFIT PER SHARE (**)
|
$
|
.00
|
$
|
.00
|
||
|
|
||||||
d08
|
CARRYING
VALUE PER SHARE
|
$
|
.10
|
$
|
.09
|
||
|
|
||||||
d09
|
CASH
DIVIDEND ACCUMULATED PER SHARE
|
$
|
.00
|
$
|
.01
|
||
|
|
||||||
d10
|
DIVIDEND
IN SHARES PER SHARE
|
.00
|
shares
|
.00
|
shares
|
||
|
|
||||||
d11
|
MARKET
PRICE TO CARRYING VALUE
|
4.82
|
times
|
4.11
|
times
|
||
|
|
||||||
d12
|
MARKET
PRICE TO BASIC PROFIT PER ORDINARY SHARE (**)
|
19.79
|
times
|
19.55
|
times
|
||
|
|
||||||
d13
|
MARKET
PRICE TO BASIC PROFIT PER PREFERED SHARE (**)
|
.00
|
times
|
.00
|
times
|
||
|
|
||||||
(**) TO CALCULATE THE DATA PER SHARE USE THE NET INCOME FOR THE
LAST
TWELVE MONTHS.
|
FINANCIAL
STATEMENT NOTES
|
|||
CONSOLIDATED | |||
AUDITED
INFORMATION
|
Final
Printing
|
STATEMENT
OF CHANGES - ANALYSIS OF MAJOR CONCEPTS
|
LINE
C43: "OTHER ITEMS" INCLUDES PS.565,990 OF RESALE OF SHARES,
PS.(3,107,697)
|
OF
REPURCHASE OF SHARES, PS.371,627 OF BENEFIT DILUTION IN GRUPO
INNOVA
|
PS.(685,540)
FOR CAPITAL DISTRIBUTION IN CONNECTION WITH THE ACQUISITION
|
OF
MINORITY INTEREST IN GRUPO INNOVA AND PS.(578,656) RELATED TO
THE
|
RECOGNITION
OF SHARES OF UNIVISION AS AN AVALIABLE-FOR-SALE
INVESTMENT.
|
THIS
PRESENTATION WAS MADE AS DISCLOSED ABOVE DUE TO THE FACT THAT
THE
|
CURRENT
FORMAT FOR THE STATEMENT OF CHANGES IN FINANCIAL POSITION
IS
|
RESTRICTED
TO CERTAIN STANDARD CONCEPTS.
|
ANALYSIS
OF PAID CAPITAL STOCK
|
|||
CONSOLIDATED
|
|||
Final
Printing
|
|||
AUDITED
INFORMATION
|
|
|
|
|
|
|
CAPITAL
STOCK
|
||
|
|
|
NUMBER
OF SHARES
|
(Thousands
of Mexican Pesos)
|
||||
|
NOMINAL
|
VALID
|
FIXED
|
VARIABLE
|
|
FREE
|
|
|
SERIES
|
VALUE
|
COUPON
|
PORTION
|
PORTION
|
MEXICAN
|
SUBSCRIPTION
|
FIXED
|
VARIABLE
|
A
|
|
|
113,784,603,865
|
113,784,603,865
|
844,036
|
|||
B
|
|
|
53,564,690,849
|
53,564,690,849
|
404,405
|
|||
D
|
|
|
85,216,495,401
|
85,216,495,401
|
617,741
|
|||
L
|
|
|
85,216,495,401
|
85,216,495,401
|
617,741
|
|||
TOTAL
|
|
|
337,782,285,516
|
0
|
252,565,790,115
|
85,216,495,401
|
2,483,923
|
0
|
TOTAL
NUMBER OF SHARES REPRESENTING THE PAID-IN CAPITAL STOCK ON THE
DATE THE
INFORMATION WAS SENT:
|
337,782,285,516
|
NOTES:
|
|
THE
TABLE ABOVE REFLECTS OUTSTANDING SHARES PLUS THE SHARES REPURCHASED
AND
REPRESENTS THE
|
|
TOTAL
NUMBER OF SHARES ISSUED. SEE NOTE TO CONSOLIDATED FINANCIAL
STATEMENTS.
|
|
EFFECTIVE
MARCH 22, 2006, CHANGE FROM 20 TO 5 CPOS, REPRESENTING EACH
GDS.
|
GENERAL
DATA OF ISSUER
|
|
COMPANY'S
NAME:
|
GRUPO
TELEVISA, S.A.B.
|
ADDRESS:
|
AV.
VASCO DE QUIROGA No. 2000
|
NEIGHBORHOOD:
|
SANTA
FE
|
ZIP
CODE:
|
01210
|
CITY
AND STATE:
|
MÉXICO,
D.F.
|
TELEPHONE:
|
52612000
|
FAX:
|
52612494
|
INTERNET
ADDRESS:
|
www.televisa.com.mx
|
TAX
DATA OF THE ISSUER
|
|
COMPANY
TAX CODE:
|
GTE901219-GK3
|
ADDRESS:
|
AV.
VASCO DE QUIROGA No. 2000
|
NEIGHBORHOOD:
|
SANTA
FE
|
ZIP
CODE:
|
01210
|
CITY
AND STATE:
|
MÉXICO,
D.F.
|
EXECUTIVES
DATA
|
|
|
|
BMV
POSITION:
|
CHAIRMAN
OF THE BOARD
|
POSITION:
|
CHAIRMAN
OF THE BOARD
|
NAME:
|
SR.
EMILIO FERNANDO AZCÁRRAGA JEAN
|
ADDRESS:
|
AV.
CHAPULTEPEC No. 28 PISO 1
|
NEIGHBORHOOD:
|
DOCTORES
|
ZIP
CODE:
|
06724
|
CITY
AND STATE:
|
MÉXICO,
D.F.
|
TELEPHONE:
|
52612000
|
FAX:
|
52612000
|
E-MAIL:
|
ir@televisa.com.mx
|
|
|
BMV
POSITION:
|
GENERAL
DIRECTOR
|
POSITION:
|
PRESIDENT
AND CHIEF EXECUTIVE OFFICER
|
NAME:
|
SR.
EMILIO FERNANDO AZCÁRRAGA JEAN
|
ADDRESS:
|
AV.
CHAPULTEPEC No. 28 PISO 1
|
NEIGHBORHOOD:
|
DOCTORES
|
ZIP
CODE:
|
06724
|
CITY
AND STATE:
|
MÉXICO,
D.F.
|
TELEPHONE:
|
52612000
|
FAX:
|
52612000
|
E-MAIL:
|
ir@televisa.com.mx
|
|
|
BMV
POSITION:
|
FINANCE
DIRECTOR
|
POSITION:
|
CHIEF
FINANCIAL OFFICER
|
NAME:
|
LIC.
SALVI FOLCH VIADERO
|
ADDRESS:
|
AV.
VASCO DE QUIROGA No. 2000 EDIFICIO A PISO 4
|
NEIGHBORHOOD:
|
SANTA
FE
|
ZIP
CODE:
|
01210
|
CITY
AND STATE:
|
MÉXICO,
D.F.
|
TELEPHONE:
|
5261-25-80
|
FAX:
|
5261-20-39
|
E-MAIL:
|
sfolch@televisa.com.mx
|
|
|
BMV
POSITION:
|
RESPONSIBLE
FOR SENDING RELEVANT EVENTS
|
POSITION:
|
VICE
PRESIDENT - LEGAL AND GENERAL COUNSEL
|
NAME:
|
LIC.
JOAQUÍN BALCÁRCEL SANTA CRUZ
|
ADDRESS:
|
AV.
VASCO DE QUIROGA No. 2000 EDIFICIO A PISO 4
|
NEIGHBORHOOD:
|
SANTA
FE
|
ZIP
CODE:
|
01210
|
CITY
AND STATE:
|
MÉXICO,
D.F.
|
TELEPHONE:
|
5261-24-33
|
FAX:
|
5261-25-46
|
E-MAIL:
|
jbalcarcel@televisa.com.mx
|
BMV
POSITION:
|
RESPONSIBLE
FOR SENDING SHARE REPURCHASE INFORMATION
|
POSITION:
|
DIRECTOR
FINANCIAL OFFICER
|
NAME:
|
LIC.
GUADALUPE PHILLIPS MARGAIN
|
ADDRESS:
|
AV.
VASCO DE QUIROGA No. 2000 EDIFICIO A PISO 3
|
NEIGHBORHOOD:
|
SANTA
FE
|
ZIP
CODE:
|
01210
|
CITY
AND STATE:
|
MÉXICO,
D.F.
|
TELEPHONE:
|
5261-21-35
|
FAX:
|
5261-25-24
|
E-MAIL:
|
gphilips@televisa.com.mx
|
|
|
BMV
POSITION:
|
RESPONSIBLE
FOR LEGAL MATTERS
|
POSITION:
|
VICE
PRESIDENT - LEGAL AND GENERAL COUNSEL
|
NAME:
|
LIC.
JOAQUÍN BALCÁRCEL SANTA CRUZ
|
ADDRESS:
|
AV.
VASCO DE QUIROGA No. 2000 EDIFICIO A PISO 4
|
NEIGHBORHOOD:
|
SANTA
FE
|
ZIP
CODE:
|
01210
|
CITY
AND STATE:
|
MÉXICO,
D.F.
|
TELEPHONE:
|
5261-24-33
|
FAX:
|
5261-25-46
|
E-MAIL:
|
jbalcarcel@televisa.com.mx
|
|
|
BMV
POSITION:
|
RESPONSIBLE
FOR SENDING FINANCIAL INFORMATION
|
POSITION:
|
DIRECTOR
OF CORPORATE FINANCIAL INFORMATION
|
NAME:
|
C.P.C.
JOSÉ RAÚL GONZÁLEZ LIMA
|
ADDRESS:
|
AV.
VASCO DE QUIROGA No. 2000 EDIFICIO A PISO 1
|
NEIGHBORHOOD:
|
SANTA
FE
|
ZIP
CODE:
|
01210
|
CITY
AND STATE:
|
MÉXICO,
D.F.
|
TELEPHONE:
|
5261-25-77
|
FAX:
|
5261-20-43
|
E-MAIL:
|
rglima@televisa.com.mx
|
|
|
BMV
POSITION:
|
RESPONSIBLE
FOR SENDING RELEVANT EVENTS
|
POSITION:
|
DIRECTOR
OF INVESTOR RELATIONS
|
NAME:
|
LIC.
MICHEL BOYANCE BALDWIN
|
ADDRESS:
|
AV.
VASCO DE QUIROGA No. 2000 EDIFICIO A PISO 4
|
NEIGHBORHOOD:
|
SANTA
FE
|
ZIP
CODE:
|
01210
|
CITY
AND STATE:
|
MÉXICO,
D.F.
|
TELEPHONE:
|
5261-24-45
|
FAX:
|
5261-24-94
|
E-MAIL:
|
ir@televisa.com.mx
|
|
|
BMV
POSITION:
|
RESPONSIBLE
OF INFORMATION TO INVESTORS
|
POSITION:
|
DIRECTOR
OF INVESTOR RELATIONS
|
NAME:
|
LIC.
MICHEL BOYANCE BALDWIN
|
ADDRESS:
|
AV.
VASCO DE QUIROGA No. 2000 EDIFICIO A PISO 4
|
NEIGHBORHOOD:
|
SANTA
FE
|
ZIP
CODE:
|
01210
|
CITY
AND STATE:
|
MÉXICO,
D.F.
|
TELEPHONE:
|
5261-24-45
|
FAX:
|
5261-24-94
|
E-MAIL:
|
ir@televisa.com.mx
|
|
|
BMV
POSITION:
|
SECRETARY
OF THE BOARD OF DIRECTORS
|
POSITION:
|
EXTERNAL
GENERAL COUNSEL
|
NAME:
|
LIC.
RICARDO MALDONADO YÁÑEZ
|
ADDRESS:
|
MONTES
URALES No. 505, PISO 3
|
NEIGHBORHOOD:
|
LOMAS
DE CHAPULTEPEC
|
ZIP
CODE:
|
11000
|
CITY
AND STATE:
|
MÉXICO,
D.F.
|
TELEPHONE:
|
5201-74-47
|
FAX:
|
5520-10-65
|
E-MAIL:
|
rmaldonado@macf.com.mx
|
|
|
BMV
POSITION:
|
RESPONSIBLE
FOR PAYMENT
|
POSITION:
|
DIRECTOR
OF CORPORATE FINANCIAL INFORMATION
|
NAME:
|
C.P.C.
JOSÉ RAÚL GONZÁLEZ LIMA
|
ADDRESS:
|
AV.
VASCO DE QUIROGA No. 2000 EDIFICIO A PISO 1
|
NEIGHBORHOOD:
|
SANTA
FE
|
ZIP
CODE:
|
01210
|
CITY
AND STATE:
|
MÉXICO,
D.F.
|
TELEPHONE:
|
5261-25-77
|
FAX:
|
5261-20-43
|
E-MAIL:
|
rglima@televisa.com.mx
|
BOARD
OF DIRECTORS
|
|
|
|
POSITION:
|
PRESIDENT
|
NAME:
|
EMILIO
FERNANDO AZCÁRRAGA JEAN
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
EMILIO
FERNANDO AZCÁRRAGA JEAN
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
ALFONSO
DE ANGOITIA NORIEGA
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
JULIO
BARBA HURTADO
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
JOSÉ
ANTONIO BASTÓN PATIÑO
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
MANUEL
J. CUTILLAS COVANI
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
BERNARDO
GÓMEZ MARTÍNEZ
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
CLAUDIO
X. GONZÁLEZ LAPORTE
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
ENRIQUE
KRAUZE KLEINBORT
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
ALEJANDRO
QUINTERO ÍÑIGUEZ
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
GILBERTO
PEREZALONSO CIFUENTES
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
FERNANDO
SENDEROS MESTRE
|
POSITION:
|
DIRECTOR
|
NAME:
|
MARÍA
ASUNCIÓN ARAMBURUZABALA LARREGUI
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
CARLOS
FERNÁNDEZ GONZÁLEZ
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
LORENZO
H. ZAMBRANO TREVIÑO
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
PEDRO
ASPE ARMELLA
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
JOSÉ
ANTONIO FERNÁNDEZ CARBAJAL
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
ROBERTO
HERNÁNDEZ RAMÍREZ
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
ALBERTO
BAILLERES GONZÁLEZ
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
GERMÁN
LARREA MOTA VELASCO
|
|
|
POSITION:
|
DIRECTOR
|
NAME:
|
ENRIQUE
FRANCISCO J. SENIOR HERNÁNDEZ
|
|
|
POSITION:
|
ALTERNATE
DIRECTOR
|
NAME:
|
JOAQUÍN
BALCÁRCEL SANTA CRUZ
|
|
|
POSITION:
|
ALTERNATE
DIRECTOR
|
NAME:
|
JORGE
AGUSTÍN LUTTEROTH ECHEGOYEN
|
|
|
POSITION:
|
ALTERNATE
DIRECTOR
|
NAME:
|
RAFAEL
CARABIAS PRÍNCIPE
|
|
|
POSITION:
|
ALTERNATE
DIRECTOR
|
NAME:
|
SALVI
RAFAEL FOLCH VIADERO
|
|
|
POSITION:
|
ALTERNATE
DIRECTOR
|
NAME:
|
FÉLIX
JOSÉ ARAUJO RAMÍREZ
|
|
|
POSITION:
|
ALTERNATE
DIRECTOR
|
NAME:
|
LEOPOLDO
GÓMEZ GONZÁLEZ BLANCO
|
|
|
POSITION:
|
ALTERNATE
DIRECTOR
|
NAME:
|
FRANCISCO
JOSÉ CHEVEZ ROBELO
|
|
|
POSITION:
|
ALTERNATE
DIRECTOR
|
NAME:
|
JUAN
PABLO ANDRADE FRICH
|
|
|
POSITION:
|
ALTERNATE
DIRECTOR
|
NAME:
|
JOSÉ
LUIS FERNÁNDEZ FERNÁNDEZ
|
|
|
POSITION:
|
ALTERNATE
DIRECTOR
|
NAME:
|
LUCRECIA
ARAMBURUZABALA LARREGUI
|
|
|
POSITION:
|
ALTERNATE
DIRECTOR
|
NAME:
|
ALBERTO
MONTIEL CASTELLANOS
|
|
|
POSITION:
|
ALTERNATE
DIRECTOR
|
NAME:
|
RAÚL
MORALES MEDRANO
|
|
|
POSITION:
|
ALTERNATE
DIRECTOR
|
NAME:
|
JOSÉ
LUIS FERNÁNDEZ FERNÁNDEZ
|
|
|
POSITION:
|
ALTERNATE
DIRECTOR
|
NAME:
|
HERBERT
ALLEN III
|
|
|
POSITION:
|
SECRETARY
OF THE BOARD OF DIRECTORS
|
NAME:
|
RICARDO
MALDONADO YÁÑEZ
|
DECLARATION
OF THE REGISTRANT'S OFFICERS, RESPONSIBLE FOR THE
INFORMATION.
|
WE
HEREBY DECLARE THAT, TO THE EXTENT OF OUR FUNCTIONS, WE PREPARED
THE
INFORMATION
RELATED
TO THE REGISTRANT CONTAINED IN THIS QUARTERLY REPORT, AND BASED
ON
OUR
KNOWLEDGE, THIS INFORMATION FAIRLY PRESENTS THE REGISTRANT'S
CONDITION. WE
ALSO
DECLARE
THAT WE ARE NOT AWARE OF ANY RELEVANT INFORMATION THAT HAS BEEN
OMITTED
OR
UNTRUE IN THIS QUARTERLY REPORT, OR INFORMATION CONTAINED IN
SUCH REPORT
THAT
MAY BE MISLEADING TO INVESTORS.
|
EMILIO
AZCÁRRAGA JEAN
|
SALVI
FOLCH VIADERO
|
|
PRESIDENT
AND CHIEF EXECUTIVE
|
CHIEF
FINANCIAL OFFICER
|
|
OFFICER
|
JOAQUIN
BALCÁRCEL SANTA CRUZ
|
||
VICE
PRESIDENT - LEGAL AND
|
||
GENERAL
COUNSEL
|
ANALYSIS
OF INVESTMENTS IN SHARES
|
|||
SUBSIDIARIES
|
|||
AUDITED
INFORMATION
|
CONSOLIDATED
|
||
|
Final
Printing
|
|
|
|
|
|
|
|
|
NUMBER
|
%
|
|
COMPANY
NAME
|
MAIN
ACTIVITIES
|
OF
SHARES
|
OWNERSHIP
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
CORPORATIVO
VASCO DE QUIROGA,
|
PROMOTION
AND DEVELOPMENT OF
|
||
|
S.A.
DE C.V.
|
COMPANIES
|
20,496,880
|
100.00
|
2
|
CVQ
ESPECTACULOS, S.A. DE C.V.
|
PROMOTION
AND DEVELOPMENT OF
|
||
|
|
COMPANIES
|
16,851,856
|
100.00
|
3
|
DTH
EUROPA, S.A.
|
PROMOTION
AND DEVELOPMENT OF
|
||
|
|
COMPANIES
|
1,080,182
|
90.25
|
4
|
EDITORA
FACTUM, S.A. DE C.V.
|
PROMOTION
AND DEVELOPMENT OF
|
||
|
|
COMPANIES
|
747,105,580
|
100.00
|
5
|
EDITORIAL
TELEVISA, S.A. DE C.V.
|
PROMOTION
AND DEVELOPMENT OF
|
||
|
|
COMPANIES
|
1,371,155
|
100.00
|
6
|
FACTUM
MAS, S.A. DE C.V.
|
PROMOTION
AND DEVELOPMENT OF
|
||
|
|
COMPANIES
|
5,149,858,056
|
91.16
|
7
|
GRUPO
DISTRIBUIDORAS INTERMEX,
|
DISTRIBUTION
OF BOOKS
|
||
|
S.A.
DE C.V.
|
AND
MAGAZINES
|
272,600,905
|
100.00
|
8
|
CAMPUS
AMERICA, S.A. DE C.V.
|
PROMOTION
AND DEVELOPMENT OF
|
||
|
|
COMPANIES
|
418,881,301
|
100.00
|
9
|
PROMO-INDUSTRIAS
|
PROMOTION
AND DEVELOPMENT OF
|
||
|
METROPOLITANAS,
S.A. DE C.V.
|
COMPANIES
|
1,928,151
|
100.00
|
10
|
SISTEMA
RADIOPOLIS, S.A. DE C.V.
|
COMMERCIALIZATION
OF
|
||
|
|
RADIO
PROGRAMMING
|
76,070,313
|
50.00
|
11
|
TELEPARABOLAS,
S.L.
|
MAINTENANCE
OF PARABOLIC DISHES
|
1,500
|
100.00
|
12
|
TELESISTEMA
MEXICANO, S.A. DE C.V.
|
COMMERCIALIZATION
OF TELEVISION
|
149,442,880
|
100.00
|
13
|
TELEVISA
ARGENTINA, S.A.
|
COMMERCIAL
OPERATION OF TELEVISION
|
1,425,000
|
95.00
|
14
|
TELEVISA
JUEGOS, S.A. DE C.V.
|
PROMOTION
AND DEVELOPMENT OF
|
||
|
|
COMPANIES
|
598,638
|
100.00
|
15
|
TELEVISION
INDEPENDIENTE DE
|
PROMOTION
AND DEVELOPMENT OF
|
||
|
MEXICO,
S.A. DE C.V.
|
COMPANIES
|
35,272,217
|
100.00
|
16
|
PAXIA,
S.A. DE C.V.
|
PROMOTION
AND DEVELOPMENT OF
|
||
|
|
COMPANIES
|
49
|
98.00
|
17
|
CAPITALIZED
INTEGRAL COST OF
|
FOR
THE YEARS 1994, 1995, 1996 AND 1998
|
-
|
-
|
|
FINANCING
|
|
||
ANALYSIS
OF INVESTMENTS IN SHARES
|
|||
ASSOCIATES
|
|||
AUDITED
INFORMATION
|
||||||
|
|
|
|
|
TOTAL
AMOUNT
|
|
|
|
|
NUMBER
|
%
|
(Thousands
of Mexican Pesos)
|
|
|
COMPANY
NAME
|
MAIN
ACTIVITIES
|
OF
SHARES
|
OWNERSHIP
|
ACQUISITION
|
BOOK
|
|
|
|
|
|
COST
|
VALUE
|
|
|
|
|
|
|
|
1
|
ARGOS
COMUNICACION, S.A. DE C.V.
|
OPERATION
AND/OR
|
|
|
|
|
|
|
BROADCASTING
OF T.V.
|
33,000,000
|
30.00
|
137,000
|
46,573
|
2
|
DIBUJOS
ANIMADOS MEXICANOS
|
PRODUCTION
OF
|
||||
|
DIAMEX,
S.A. DE C.V.
|
ANIMATED
CARTOONS
|
1,735,560
|
49.00
|
4,384
|
764
|
3
|
EDITORIAL
CLIO, LIBROS Y VIDEOS,
|
PUBLISHING
AND PRINTING
|
||||
|
S.A.
DE C.V.
|
OF
BOOKS AND MAGAZINES
|
3,227,050
|
30.00
|
32,270
|
14,438
|
4
|
ENDEMOL
MEXICO, S.A. DE C.V.
|
COMMERCIALIZATION
OF
|
||||
|
|
TELEVISION
PROGRAMMING
|
25,000
|
50.00
|
25
|
24,300
|
5
|
EN
VIVO ESPECTACULOS, S. DE R.L.
|
LIVE
ENTERTAINMENT IN
|
||||
|
DE
C.V.
|
MEXICO
|
2
|
100.00
|
4,898
|
1,215
|
6
|
MAS
FONDOS, S.A. DE C.V.
|
MUTUAL
FUND DISTRIBUTION
|
||||
|
|
COMPANY
|
99,758
|
40.84
|
99,758
|
5,570
|
7
|
METROS
CUBICOS, S.A. DE C.V.
|
PORTAL
INTERNET
|
2,089,343
|
18.65
|
43,031
|
4,195
|
8
|
OCESA
ENTRETENIMIENTO, S.A. DE
|
LIVE
ENTERTAINMENT IN
|
||||
|
C.V.
|
MEXICO
|
14,100,000
|
40.00
|
1,062,811
|
503,868
|
9
|
CONTROLADORA
VUELA
|
|
||||
|
COMPAÑÍA
DE AVIACIÓN, S.A. DE C.V.
|
CARRIER
AIRLINE
|
15
|
25.00
|
325,270
|
257,298
|
10
|
GESTORA
DE INVERSIONES
|
COMMERCIALIZATION
OF
|
||||
|
AUDIOVISUALES
LA SEXTA, S.A.
|
TELEVISION
PROGRAMMING
|
8,018,405
|
40.00
|
1,468,898
|
729,736
|
11
|
TELEVISORA
DEL YAQUI, S.A. DE C.V.
|
OPERATION
AND/OR
|
||||
|
|
BROADCASTING
OF T.V.
|
4,124,986
|
15.00
|
412
|
7,256
|
12
|
TELEVISA
EMI MUSIC, S.A DE C.V.
|
MUSIC
RECORDING
|
25
|
50.00
|
25
|
(8,399)
|
|
|
|||||
|
TOTAL
INVESTMENT IN ASSOCIATES
|
|
3,178,782
|
1,586,814
|
||
|
|
|
||||
|
OTHER
PERMANENT INVESTMENTS
|
4,123,849
|
||||
|
|
|
||||
|
TOTAL
|
|
3,178,782
|
5,710,663
|
CREDIT
BREAK DOWN
|
|||
(Thousands
of Mexican Pesos)
|
|||
AUDITED
INFORMATION
|
CONSOLIDATED
Final
Printing
|
|
|
|
AMORTIZATION
OF CREDITS DENOMINATED IN PESOS (Thousands of $)
|
AMORTIZATION
OF CREDITS IN FOREIGN CURRENCY
(Thousands of $) |
||||||||||
|
AMORTIZATION
|
INTEREST
|
TIME
INTERVAL
|
TIME
INTERVAL
|
||||||||||
CREDIT
TYPE / INSTITUTION
|
DATE
|
RATE
|
CURRENT
|
UNTIL
1
|
UNTIL
2
|
UNTIL
3
|
UNTIL
4
|
UNTIL
5
|
CURRENT
|
UNTIL
1
|
UNTIL
2
|
UNTIL
3
|
UNTIL
4
|
UNTIL
5
|
|
|
|
YEAR
|
YEAR
|
YEAR
|
YEAR
|
YEAR
|
YEAR
|
YEAR
|
YEAR
|
YEAR
|
YEAR
|
YEAR
|
YEAR
|
BANKS
|
||||||||||||||
FOREIGN
TRADE
|
||||||||||||||
SECURED
|
||||||||||||||
COMMERCIAL
BANKS
|
||||||||||||||
BANAMEX,
S.A.
|
4/20/2016
|
8.74
|
2,100,000
|
|||||||||||
BANAMEX,
S.A.
|
4/23/2012
|
10.35
|
1,000,000
|
1,000,000
|
||||||||||
SANTANDER
SERFIN
|
4/21/2016
|
8.98
|
1,400,000
|
|||||||||||
BANAMEX,
S.A.
|
5/21/2009
|
9.70
|
1,162,460
|
|||||||||||
BANAMEX,
S.A.
|
5/1/2008
|
8.93
|
480,000
|
|||||||||||
BANK
OF AMERICA
|
3/31/2010
|
6.57
|
541
|
541
|
541
|
27,267
|
||||||||
SUNTRUST
BANK OF MIAMI, NATIONAL
|
4/1/2008
|
3.52
|
5,401
|
3,241
|
||||||||||
LEASING
DE COLOMBIA
|
6/28/2009
|
13.79
|
53
|
53
|
187
|
|||||||||
LEASING
DE OCCIDENTE
|
4/29/2007
|
15.86
|
127
|
|||||||||||
|
||||||||||||||
|
||||||||||||||
|
||||||||||||||
OTHER
|
||||||||||||||
TOTAL
BANKS
|
-
|
-
|
480,000
|
1,162,460
|
1,000,000
|
4,500,000
|
-
|
6,122
|
3,835
|
728
|
27,267
|
-
|
||
STOCK
MARKET
|
||||||||||||||
LISTED
STOCK
EXCHANGE |
||||||||||||||
UNSECURED
|
||||||||||||||
SECURED
|
||||||||||||||
PRIVATE PLACEMENTS
|
||||||||||||||
UNSECURED
|
||||||||||||||
UDI
DENOMINATED-NOTES
|
4/13/2007
|
8.15
|
980,246
|
|||||||||||
HOLDERS
|
9/13/2011
|
8.41
|
777,251
|
|||||||||||
HOLDERS
|
3/11/2032
|
8.94
|
3,240,750
|
|||||||||||
HOLDERS
|
3/18/2025
|
6.97
|
6,481,500
|
|||||||||||
HOLDERS
|
9/19/2013
|
9.86
|
121,539
|
|||||||||||
SECURED
|
||||||||||||||
TOTAL
STOCK MARKET
|
0
|
980,246
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
10,621,040
|
||
SUPPLIERS
|
||||||||||||||
VARIOUS
|
12/31/2006
|
1,666,447
|
||||||||||||
VARIOUS
|
12/31/2006
|
1,784,306
|
||||||||||||
TOTAL
SUPPLIERS
|
-
|
1,666,447
|
-
|
-
|
-
|
-
|
-
|
1,784,306
|
-
|
-
|
-
|
-
|
||
OTHER CURRENT
LIABILITIES AND |
||||||||||||||
OTHER
CREDITS
|
||||||||||||||
VARIOUS
|
12/31/2006
|
1,128,798
|
||||||||||||
VARIOUS
|
9/30/2000
|
11.50
|
727,614
|
96,626
|
108,342
|
121,480
|
793,967
|
|||||||
TOTAL
|
-
|
3,775,491
|
480,000
|
1,162,460
|
1,000,000
|
4,500,000
|
-
|
2,518,042
|
100,461
|
109,070
|
148,747
|
11,415,007
|
||
|
NOTES
|
|||||||||||||||||||||||||
THE
EXCHANGE RATES FOR THE CREDITS DENOMINATED IN FOREIGN CURRENCY
|
|||||||||||||||||||||||||
WERE
AS FOLLOWS:
|
|||||||||||||||||||||||||
$ 10.8025
PESOS PER U.S. DOLLAR
|
|||||||||||||||||||||||||
0.0048 PESOS PER COLOMBIAN PESO |
MONETARY
FOREIGN CURRENCY POSITION
|
|||
(Thousands
of Mexican Pesos)
|
|||
CONSOLIDATED
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
|
DOLLARS
|
OTHER
CURRENCIES
|
TOTAL
|
||
TRADE
BALANCE
|
THOUSANDS
|
THOUSANDS
|
THOUSANDS
|
THOUSANDS
|
THOUSANDS
|
|
OF
DOLLARS
|
OF
PESOS
|
OF
DOLLARS
|
OF
PESOS
|
OF
PESOS
|
|
|
|
|
|
|
MONETARY
ASSETS
|
2,424,404
|
26,189,624
|
169,145
|
1,827,189
|
28,016,813
|
|
|||||
LIABILITIES
POSITION
|
1,311,639
|
14,168,980
|
52,682
|
569,098
|
14,738,078
|
|
|||||
SHORT-TERM LIABILITIES POSITION
|
187,990
|
2,030,762
|
52,209
|
563,988
|
2,594,750
|
|
|
||||
LONG-TERM LIABILITIES POSITION
|
1,123,649
|
12,138,218
|
473
|
5,110
|
12,143,328
|
|
|||||
NET
BALANCE
|
1,112,765
|
12,020,644
|
116,463
|
1,258,091
|
13,278,735
|
NOTES
|
CURRENT
ASSETS INCLUDE U.S.$1,094,370 THOUSAND DOLLARS RELATED TO A
FINANCIAL
ASSET AVAILABLE FOR SALE, AS WELL AS U.S.$262,655
|
THOUSAND
DOLLARS RELATED TO A LONG-TERM ACCOUNT RECEIVABLE, AND U.S.$70,284
THOUSAND DOLLARS OF LONG-TERM NOTES RECEI -
|
VABLE
WHICH ARE CLASSIFIED AS NON-CURRENT
ASSETS.
|
THE
EXCHANGE RATES USED FOR TRANSLATION WERE AS FOLLOWS
:
|
$
10.8025
|
PESOS
PER U.S. DOLLAR
|
|
14.2626
|
PESOS
PER EURO
|
|
3.5279
|
PESOS
PER ARGENTINEAN PESO
|
|
0.0202
|
PESOS
PER CHILEAN PESO
|
|
10.8025
|
PESOS
PER PANAMANIAN BALBOA
|
|
0.0048
|
PESOS
PER COLOMBIAN PESO
|
|
3.3789
|
PESOS
PER PERUVIAN NUEVO SOL
|
|
10.8025
|
PESOS
PER ECUADORIAN SUCRE
|
|
0.0050
|
PESOS
PER VENEZUELAN BOLIVAR
|
|
8.8000
|
PESOS
PER SWISS FRANC
|
THE
FOREIGN CURRENCY OF LONG-TERM LIABILITIES FOR $ 12,143,328 ARE
REPORTED
|
||
AS
FOLLOWS:
|
||
REF
S27 LONG-TERM LIABILITIES
|
$11,773,285
|
|
REF
S69 OTHER LONG-TERM LIABILITIES
|
$370,043
|
|
$
12,143,328
|
RESULT
FROM MONETARY POSITION
|
|||
(Thousands
of Mexican Pesos)
|
|||
CONSOLIDATED
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
MONTH
|
MONETARY
ASSETS
|
MONETARY
LIABILITIES
|
ASSET
(LIABILITY)
MONETARY
POSITION
|
MONTHLY
INFLATION
|
MONTHLY
PROFIT
AND
(LOSS)
|
JANUARY
|
27,549,670
|
25,566,260
|
1,983,410
|
0.58
|
11,631
|
FEBRUARY
|
28,738,101
|
25,181,438
|
3,556,663
|
0.15
|
5,442
|
MARCH
|
30,058,664
|
25,546,612
|
4,512,052
|
0.12
|
5,658
|
APRIL
|
30,018,302
|
25,540,733
|
4,477,569
|
0.14
|
6,564
|
MAY
|
27,646,271
|
27,139,452
|
506,819
|
(0.44)
|
(2,256)
|
JUNE
|
41,732,950
|
27,548,286
|
14,184,664
|
0.08
|
12,241
|
JULY
|
39,800,773
|
27,123,758
|
12,677,015
|
0.27
|
34,760
|
AUGUST
|
38,604,169
|
26,404,947
|
12,199,222
|
0.51
|
62,253
|
SEPTEMBER
|
37,432,103
|
26,392,908
|
11,039,195
|
1.00
|
111,441
|
OCTOBER
|
35,954,975
|
27,942,088
|
8,012,887
|
0.43
|
35,024
|
NOVEMBER
|
36,106,645
|
27,516,552
|
8,590,093
|
0.52
|
45,064
|
DECEMBER
|
36,438,605
|
27,871,442
|
8,567,163
|
0.57
|
49,552
|
RESTATEMENT
|
|
|
-
|
|
6,343
|
CAPITALIZATION
|
|
|
-
|
|
-
|
FOREIGN
CORP.
|
|
|
-
|
|
8,238
|
OTHER
|
|
|
-
|
|
(326,105)
|
TOTAL
|
|
65,850
|
NOTES
|
|
THE
AMOUNT REFLECTED IN "OTHER" INCLUDES PS. 107,607, FROM
MONE-
|
|
TARY
POSITION DERIVED FROM DEFERRED TAXES, WHICH WAS CLASSI-
|
|
FIED
IN THE DEFERRED INCOME TAX PROVISION IN ACCORDANCE
|
|
WITH
THE GUIDELINES PROVIDED BY BULLETIN D-4 FOR DEFERRED
TAXES.
|
|
AND
PS.(434,153) OF A MONETARY EFFECT ACCOUNTED FOR AS
ACCUMULATED
|
|
OTHER
COMPREHENSIVE RESULT.
|
DEBT
INSTRUMENTS
|
|||
CONSOLIDATED
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
FINANCIAL
LIMITED BASED IN ISSUED DEED AND/OR TITLE
|
THE
AGREEMENTS OF THE U.S.$300 MILLION (OF WHICH APPROXIMATELY U.S.$71.9
MILLION
|
ARE
OUTSTANDING AS OF DECEMBER 31, 2006), U.S.$600 MILLION AND U.S.$300
MILLION SENIOR
|
NOTES
ISSUED BY GRUPO TELEVISA, S.A.B. WITH MATURITY IN 2011, 2025 AND
2032,
RESPECTIVELY,
|
CONTAIN
CERTAIN COVENANTS THAT LIMIT THE ABILITY OF THE COMPANY AND ITS
SUBSIDIARIES
|
ENGAGED
IN TELEVISION OPERATIONS TO INCUR OR ASSUME LIENS, PERFORM SALE
AND
|
LEASEBACK
TRANSACTIONS, AND CONSUMMATE CERTAIN MERGERS, CONSOLIDATIONS
OR
|
SIMILAR
TRANSACTIONS.
|
THE
AGREEMENT OF THE U.S.$300 MILLION SENIOR NOTES (OF WHICH APPROXIMATELY
U.S.$11.3
|
MILLION
ARE OUTSTANDING AS OF DECEMBER 31, 2006), ISSUED BY INNOVA, S. DE
R.L. DE
C.V.
|
("INNOVA")
WITH MATURITY IN 2013, CONTAINS CERTAIN COVENANTS THAT LIMIT THE
ABILITY
|
OF
INNOVA AND ITS RESTRICTED SUBSIDIARIES WITH RESPECT TO INDEBTEDNESS,
LIENS,
|
SALES
AND LEASEBACKS, RESTRICTED PAYMENTS, ASSET SALES, AND CERTAIN MERGERS,
|
CONSOLIDATIONS
AND SIMILAR TRANSACTIONS.
|
ACTUAL
SITUATION OF FINANCIAL RESTRICTIONS
|
AT
DECEMBER 31, 2006, THE GROUP WAS IN COMPLIANCE WITH THE FINANCIAL
RESTRICTIONS
|
OF
THE CONTRACTS RELATED TO THE LONG-TERM SENIOR NOTES DESCRIBED
ABOVE.
|
PLANTS,
COMMERCE CENTERS OR DISTRIBUTION CENTERS
|
|||
CONSOLIDATED
|
|||
AUDITED
INFORMATION
|
Final
Printing
|
PLANT
OR CENTER
|
ECONOMIC
ACTIVITY
|
PLANT
CAPACITY
|
UTILIZATION
(%)
|
|
|
||
TELEVISION:
|
|
0
|
0
|
CORPORATIVO
SANTA FE
|
HEADQUARTERS
|
0
|
0
|
TELEVISA
SAN ANGEL
|
PRODUCTION
AND BROADCASTING PROGRAMMING.
|
0
|
0
|
TELEVISA
CHAPULTEPEC
|
PRODUCTION
AND BROADCASTING PROGRAMMING.
|
0
|
0
|
REAL
ESTATE
|
LAND
AND UNOCCUPIED, BUILDING,
|
0
|
0
|
|
PARKING
LOTS, ADMINISTRATIVE
|
0
|
0
|
|
OFFICES,
RADIO ANTENNAS,
|
0
|
0
|
|
TELEVISION
STATIONS FACILITIES.
|
0
|
0
|
TRANSMISSION
STATIONS
|
BROADCASTER
STATIONS.
|
0
|
0
|
PUBLISHING:
|
|
0
|
0
|
EDITORIALS
|
ADMINISTRATION,
SALES, PRODUCTION,
|
0
|
0
|
|
STORAGE
AND DISTRIBUTION OF
|
0
|
0
|
|
MAGAZINES
AND NEWSPAPERS.
|
0
|
0
|
RADIO:
|
|
0
|
0
|
SISTEMA
RADIOPOLIS, S.A. DE C.V.
|
BROADCASTER
STATIONS.
|
0
|
0
|
CABLE
TELEVISION:
|
|
0
|
0
|
CABLEVISION,
S.A. DE C.V.
|
CABLE
TELEVISION, SIGNAL CONDUCTION
|
0
|
0
|
|
AND
TRANSMISSION EQUIPMENT.
|
0
|
0
|
OTHER
BUSINESSES:
|
|
0
|
0
|
IMPULSORA
DEL DEPORTIVO -
|
SOCCER,
SOCCER TEAMS, TRAINING
|
0
|
0
|
NECAXA,
S.A. DE C.V. AND CLUB
|
FACILITIES,
ADMINISTRATIVE OFFICES AND
|
0
|
0
|
DE
FUTBOL AMERICA, S.A. DE C.V.
|
THE
AZTECA STADIUM.
|
0
|
0
|
|
|
|
|
|
|
|
|
NOTES
|
MAIN
RAW MATERIALS
|
|||||
CONSOLIDATED
|
|||||
AUDITED
INFORMATION
|
Final
Printing
|
||||
|
MAIN
|
|
MAIN
|
DOM.
|
COST
|
DOMESTIC
|
SUPPLIERS
|
FOREIGN
|
SUPPLIERS
|
SUBST.
|
PRODUCTION
|
|
|
|
|
|
(%)
|
|
|
||||
|
|
|
|
|
|
PROGRAMS
AND FILMS
|
ANIME
CREATIVE
|
|
|
|
|
|
CORPORATION
|
|
|
|
0.22
|
|
CINEMA
INC,
|
|
|
|
|
|
S.A.
DE C.V.
|
|
|
|
0.17
|
|
CINEMATOGRAFICA
|
|
|
|
|
|
RODRIGUEZ,
S.A.
|
|
|
|
0.61
|
|
DIANA
INTERNACIO-
|
|
|
|
|
|
NAL
FILMS, S.A.
|
|
|
|
0.09
|
|
DIRSOL,
|
|
|
|
|
|
S.A.
DE C.V.
|
|
|
|
0.11
|
|
DISTRIBUIDORA
RO-
|
|
|
|
|
|
MARI,
S.A. DE C.V.
|
|
|
|
2.31
|
|
GUSSI,
S.A. DE C.V.
|
|
|
|
3.03
|
|
HERMINE
KINDLE
|
|
|
|
|
|
FUTCHER
|
|
|
|
0.12
|
|
MARIA
CLA-
|
|
|
|
|
|
RA
MATA
|
|
|
|
0.07
|
|
NUVISION,
S.A.
|
|
|
|
1.31
|
|
ORO
FILMS,
|
|
|
|
|
|
S.A.
DE C.V.
|
|
|
|
0.15
|
|
PELICULAS
RODRI-
|
|
|
|
|
|
GUEZ,
S.A.
|
|
|
|
0.35
|
|
PRODUCCIONES
|
|
|
|
|
|
AGUILA,
S.A.
|
|
|
|
0.09
|
|
PRODUCCIONES
|
|
|
|
|
|
MATOUK,
S.A.
|
|
|
|
0.18
|
|
PRODUCCIONES
|
|
|
|
|
|
ROSAS
PRIEGO
|
|
|
|
0.29
|
|
PRODUCCIONES
|
|
|
|
|
|
TOBARI,
S.A.
|
|
|
|
1.25
|
|
PRODUCTORA
|
|
|
|
|
|
FILMICA
REAL,
|
|
|
|
|
|
S.A.
DE C.V.
|
|
|
|
0.05
|
|
QUALITY
FILMS,
|
|
|
|
|
|
S.A.
DE C.V.
|
|
|
|
0.30
|
|
SECINE,
S.A. DE C.V.
|
|
|
|
0.74
|
|
SOLFERINO
|
|
|
|
|
|
MEDIA,
S.A. DE C.V.
|
|
|
|
0.05
|
|
OTHER
|
|
|
|
0.87
|
|
|
PROGRAMS
AND FILMS
|
ALFRED
HABER
|
|
|
|
|
|
DISTRIBUTION,
INC.
|
NO
|
0.21
|
|
|
|
ALLIANCE
ATLAN-
|
|
|
|
|
|
TIS
INTERNATIONAL
|
NO
|
1.81
|
|
|
|
AMERICA
PRO-
|
|
|
|
|
|
DUCCIONES,
S.A.
|
NO
|
1.63
|
|
|
|
BBC
WORDLWIDE
|
|
|
|
|
|
AMERICA,
INC.
|
NO
|
0.22
|
|
|
|
BETAFILM
GMBH
|
|
|
|
|
|
&
CO.
|
NO
|
0.10
|
|
|
|
BUENAVISTA
|
|
|
|
|
|
INTERNATIONAL,
|
|
|
|
|
|
INC.
|
NO
|
0.29
|
|
|
|
CARSEY
WERNER
|
|
|
|
|
|
DISTRIBUTION,
|
|
|
|
|
|
INC.
|
NO
|
0.21
|
|
|
|
CINAR
|
|
|
|
|
|
FILMS,
INC.
|
NO
|
0.11
|
|
|
|
CONSTELLATION
|
|
|
|
|
|
PICTURES,
INC.
|
NO
|
1.60
|
|
|
|
CROMOSOMA,
|
|
|
|
|
|
S.A.
|
NO
|
0.22
|
|
|
|
CROWN
MEDIA
|
|
|
|
|
|
DISTRIBUTION,
|
|
|
|
|
|
LLC.
|
NO
|
0.29
|
|
|
|
DIC
ENTERTAIN
|
|
|
|
|
|
MENT
CORP.
|
NO
|
0.47
|
|
|
|
DREAMWORKS
|
|
|
|
|
|
LLC.
|
NO
|
1.98
|
|
|
|
ENTERTAINMENT
|
|
|
|
|
|
RIGHTS
|
|
|
|
|
|
DISTRIBUTION
|
|
|
|
|
|
LIMITED
|
NO
|
0.19
|
|
|
|
FIREWORKS
INTER-
|
|
|
|
|
|
NATIONAL
|
NO
|
0.24
|
|
|
|
FREMANTLE
MEDIA
|
|
|
|
|
|
LIMITED
|
NO
|
0.62
|
|
|
|
HALLMARK
ENTER
|
|
|
|
|
|
TAINMENT
|
NO
|
0.64
|
|
|
|
HASBRO
|
|
|
|
|
|
INTERNATIONAL,
|
|
|
|
|
|
INC.
|
NO
|
0.15
|
|
|
|
HEARTS
ENTER-
|
|
|
|
|
|
TAINMENT,
INC.
|
NO
|
0.34
|
|
|
|
INDEPENDENT
|
|
|
|
|
|
INTERNATIONAL
|
|
|
|
|
|
T.V.
INC.
|
NO
|
4.07
|
|
|
|
LE
MONDE
|
|
|
|
|
|
ENTERTAIN
|
|
|
|
|
|
MENT,
INC.
|
NO
|
0.59
|
|
|
|
LIONS
GATE
|
|
|
|
|
|
FILM,
INC.
|
NO
|
0.08
|
|
|
|
LUCAS
|
|
|
|
|
|
FILM,
LTD.
|
NO
|
0.22
|
|
|
|
LYONS
|
|
|
|
|
|
PARTNERSHIP
|
NO
|
0.24
|
|
|
|
MARATHON
|
|
|
|
|
|
INTERNATIONAL
|
NO
|
0.32
|
|
|
|
METRO
GOLDWYN
|
|
|
|
|
|
MAYER
INTERNATI
|
|
|
|
|
|
ONAL
|
NO
|
4.69
|
|
|
|
MORGAN
CREEK
|
|
|
|
|
|
INTERNATIONAL,
|
|
|
|
|
|
INC.
|
NO
|
0.18
|
|
|
|
MTV
NETWORKS
|
NO
|
0.31
|
|
|
|
MTV
NETWORKS
|
|
|
|
|
|
A
DIVISION OF
|
|
|
|
|
|
CORP.
|
NO
|
2.43
|
|
|
|
MULTIFILMS
|
|
|
|
|
|
BV
|
NO
|
1.02
|
|
|
|
OASIS
|
|
|
|
|
|
PICTURES,
INC.
|
NO
|
0.26
|
|
|
|
PANAMERICAN
|
|
|
|
|
|
WORLD
|
|
|
|
|
|
INVESTMENTS,
|
|
|
|
|
|
LLC.
|
NO
|
0.14
|
|
|
|
PARAMOUNT
|
|
|
|
|
|
PICTURES
,
|
|
|
|
|
|
CORP.
|
NO
|
3.42
|
|
|
|
POKEMON
|
|
|
|
|
|
USA,
INC.
|
NO
|
0.25
|
|
|
|
RAINBOW,
|
|
|
|
|
|
S.R.L.
|
NO
|
0.09
|
|
|
|
RCN
TELEVISION,
|
|
|
|
|
|
S.A.
|
NO
|
0.19
|
|
|
|
REPRESENTA
|
|
|
|
|
|
CIONES
DE TELE-
|
|
|
|
|
|
VISION,
INC.
|
NO
|
0.06
|
|
|
|
SALSA
ENTER-
|
|
|
|
|
|
TAINMENT,
INC.
|
NO
|
0.34
|
|
|
|
SONY
PICTURES
|
|
|
|
|
|
TELEVISION
|
|
|
|
|
|
INTERNATIONAL
|
NO
|
9.59
|
|
|
|
SONY
CORPORA-
|
|
|
|
|
|
TION
OF AMERICA
|
NO
|
3.14
|
|
|
|
TELESCREEN
|
|
|
|
|
|
DISTRIBUTION
|
NO
|
0.16
|
|
|
|
STUDIO
CANAL
|
|
|
|
|
|
IMAGE
|
NO
|
0.63
|
|
|
|
TEPUY
USA COR-
|
|
|
|
|
|
PORATION
|
NO
|
0.41
|
|
|
|
TOEI
ANIMATION
|
|
|
|
|
|
CO.,
LTD
|
NO
|
0.93
|
|
|
|
TWENTIETH
CEN-
|
|
|
|
|
|
TURY
FOX, INC.
|
NO
|
6.03
|
|
|
|
UNIVERSAL
|
|
|
|
|
|
STUDIOS
INTER-
|
|
|
|
|
|
NATIONAL,
B.V.
|
NO
|
15.20
|
|
|
|
WARNER
BROS.
|
|
|
|
|
|
INTERNATIONAL
|
|
|
|
|
|
TELEVISION
|
NO
|
18.03
|
|
|
|
WHILAND
|
|
|
|
|
|
INTERNATIONAL
|
|
|
|
|
|
INC.
|
NO
|
0.12
|
|
|
|
ZACH
MOTION
|
|
|
|
|
|
PICTURES,
INC.
|
NO
|
2.04
|
|
|
|
OTHER
|
|
1.14
|
COAXIAL
CABLE RG
|
|
|
|
|
|
MAYA
60
|
NACIONAL
DE
|
|
|
|
|
|
CONDUCTORES,
|
|
|
|
|
|
S.A.
DE C.V.
|
|
|
|
3.05
|
|
|
CABLEMODEMS
|
MOTOROLA,
INC.
|
NO
|
1.58
|
|
|
HILTI
BOLT
|
HILTI
MEXICANA,
|
|
|
|
|
|
S.A.
DE C.V.
|
NO
|
0.01
|
|
|
SWITCH
|
CABLENETWORK
|
|
|
|
|
|
MEXICO
|
NO
|
0.01
|
|
|
TWO
OUTLET DEVICE AC 200
|
TVC
CORPORATION
|
YES
|
0.02
|
|
|
DECODER
|
MOTOROLA,
INC.
|
NO
|
75.58
|
COUCHE
PAPER
|
ABASTECEDORA
|
|
|
|
|
|
LUMEN,
S.A.
|
|
|
|
1.76
|
|
MAG
PAPER
|
|
|
|
0.26
|
|
PAPELERA
|
|
|
|
|
|
MOGHABA,
|
|
|
|
|
|
S.A.
|
|
|
|
0.02
|
|
BULKLEY
DUNTON
|
|
|
|
2.58
|
|
SUMINISTROS
|
|
|
|
|
|
BROM,
S.A.
|
|
|
|
0.23
|
|
TORRAS
PAPEL,
|
|
|
|
|
|
S.A.
|
|
|
|
0.27
|
|
PAPELERA
|
|
|
|
|
|
LOZANO
|
|
|
|
0.11
|
|
|
COUCHE
PAPER
|
STORAM
ENSON
|
YES
|
7.73
|
|
|
|
BULKLEY
DUNTON
|
YES
|
27.50
|
|
|
|
M
REAL
|
YES
|
1.93
|
|
|
|
MYLLLIKOSKI
|
|
|
|
|
|
PAPEL
|
YES
|
5.84
|
|
|
|
BOWATER,
INC.
|
YES
|
0.41
|
|
|
|
NORKE
CANADA
|
YES
|
0.04
|
|
|
|
UPM
|
YES
|
10.57
|
|
|
|
EDITORA
|
|
|
|
|
|
GEMINIS,
LTDA.
|
NO
|
0.11
|
|
|
|
EDITORES,
S.A.
|
YES
|
0.30
|
|
|
|
EDITORIAL
LA
|
|
|
|
|
|
PATRIA
|
YES
|
0.62
|
|
|
|
PRINTER
|
|
|
|
|
|
COLOMBINA,
|
|
|
|
|
|
S.A.
|
YES
|
0.08
|
|
|
|
GRUPO
OP
|
|
|
|
|
|
GRAFICAS,
S.A.
|
YES
|
0.34
|
|
|
|
PANAMERICANAS
|
|
|
|
|
|
FORMAS
E
|
|
|
|
|
|
IMPRESIÓN
|
YES
|
0.39
|
|
|
|
INPACEL
|
YES
|
0.35
|
PAPER
AND IMPRESSION
|
PRODUCTORA
CO-
|
|
|
|
|
|
MERCIALIZADORA
Y
|
|
|
|
|
|
EDITORES
DE LI-
|
|
|
|
|
|
BROS
, S.A. DE C.V.
|
|
|
|
7.95
|
|
OFFSET
|
|
|
|
|
|
MULTICOLOR
|
|
|
|
|
|
S.A.
|
|
|
|
13.43
|
|
IMPRESOS
MOINO
|
|
|
|
1.29
|
|
PROCESOS
IND
|
|
|
|
|
|
DE
PAPEL, S.A.
|
|
|
|
1.87
|
|
BARNICES
PARA
|
|
|
|
|
|
EDICIONES
DE
|
|
|
|
|
|
LIBROS,
S.A.
|
|
|
|
0.57
|
|
SERVICIOS
PRO-
|
|
|
|
|
|
FESIONALES
|
|
|
|
|
|
DE
IMPRESIÓN,
|
|
|
|
|
|
S.A.
DE C.V.
|
|
|
|
1.41
|
|
GRUPO
GRAFICO
|
|
|
|
|
|
ARENAL
|
|
|
|
0.34
|
|
LITOGRAFIA
|
|
|
|
|
|
MAGNO
GRAFT,
|
|
|
|
|
|
S.A.
|
|
|
|
0.60
|
|
GRAFICA
LA
|
|
|
|
|
|
PRENSA,
S.A.
|
|
|
|
0.17
|
|
QUEBECOR
|
|
|
|
|
|
WORDL
MEXICO
|
|
|
|
0.84
|
|
REFORSA
|
|
|
|
2.34
|
|
METROCOLOR
|
|
|
|
0.52
|
|
FORMADORES
|
|
|
|
|
|
Y
EDITORES
|
|
|
|
|
|
DE
LIBROS
|
|
|
|
0.34
|
|
GRAFICA
|
|
|
|
|
|
MONTEALBAN
|
|
|
|
0.15
|
|
LITOGRAFICA
|
|
|
|
|
|
INGRAMEX,
S.A.
|
|
|
|
0.13
|
|
|
PAPER
AND IMPRESSION
|
QUEBECOR
|
|
|
|
|
|
CHILE,
S.A.
|
YES
|
3.54
|
|
|
|
QUEBECOR
|
|
|
|
|
|
WORLD
|
|
|
|
|
|
BOGOTA
|
YES
|
1.72
|
|
|
|
EDITORA
|
|
|
|
|
|
FASUDI
|
|
|
|
|
|
LTDA.
|
YES
|
0.03
|
|
|
|
GEMINIS,
LTDA.
|
YES
|
0.03
|
|
|
|
GRUPO
OP GRA
|
|
|
|
|
|
FICAS,
S.A.
|
YES
|
1.25
|
|
|
|
PRINTER
COLOM-
|
|
|
|
|
|
BINA,
S.A.
|
YES
|
0.58
|
|
|
|
ST.
IVES, INC.
|
YES
|
8.37
|
|
|
|
BEST
LITHO
|
YES
|
0.14
|
|
|
|
EDITORES,
S.A.
|
YES
|
0.23
|
|
|
|
RR
DONELLY
|
YES
|
2.35
|
|
|
|
QUAD
GRAPHICS
|
YES
|
0.03
|
|
|
|
PRO-OFFSET
EDI-
|
|
|
|
|
|
TORIAL,
LTDA.
|
YES
|
0.23
|
|
|
|
|
|
|
NOTES
|
SALES
DISTRIBUTION BY PRODUCT
|
|||||
SALES
|
|||||
CONSOLIDATED
|
|||||
AUDITED
INFORMATION
|
Final
Printing
|
||||
|
NET
SALES
|
MARKET
|
MAIN
|
||
MAIN
PRODUCTS
|
VOLUME
|
AMOUNT
|
SHARE
|
TRADEMARKS
|
CUSTOMERS
|
|
|
|
(%)
|
|
|
DOMESTIC
SALES
|
|
|
|
|
|
INTERSEGMENT
ELIMINATIONS
|
|
(1,076,924)
|
|
|
|
|
|
|
|
|
|
TELEVISION:
|
|
|
|
|
|
PROGRAMMING
HALF HOURS PRODUCED
|
|
|
|
|
|
(DOMESTIC)
|
|
|
|
|
|
ADVERTISED
TIME SOLD (HALF HOURS)
|
6
|
20,269,733
|
|
|
TELEFONOS
DE MEXICO, S.A. DE C.V.
|
|
|
|
|
|
COMPAÑÍA
PROCTER & GAMBLE DE MEXICO, S. DE R. L. DE C.V.
|
|
|
|
|
|
THE
COCA-COLA EXPORT CORPORATION SUCURSAL EN MEXICO
|
|
|
|
|
|
BIMBO,
S.A. DE C.V.
|
|
|
|
|
|
MARCAS
NESTLE, S.A. DE C.V.
|
|
|
|
|
|
PEPSI
COLA MEXICANA, S. DE R.L. DE C.V.
|
|
|
|
|
|
KIMBERLY
CLARK DE MEXICO, S.A. DE C.V.
|
|
|
|
|
|
DANONE
DE MEXICO, S.A. DE C.V.
|
|
|
|
|
|
SABRITAS,
S DE R.L. DE C.V.
|
|
|
|
|
|
KELLOGG
COMPANY MEXICO, S. DE R.L. DE C.V.
|
|
|
|
|
|
COMPAÑÍA
CERVECERA DEL TROPICO, S.A. DE C.V.
|
|
|
|
|
|
PRODUCCIONES
INFOVISION, S.A. DE C.V.
|
OTHER
INCOME
|
|
133,900
|
|
|
VARIOUS
|
PROGRAMMING
FOR PAY TELEVISION:
|
|
|
|
|
|
SALE
OF SIGNALS
|
|
799,724
|
|
|
T.V.
CABLE, S.A. DE C.V.
|
|
|
|
|
|
OPERADORA
CENTRAL DE CABLE, S.A. DE C.V.
|
|
|
|
|
|
CABLEVISION
RED, S.A. DE C.V.
|
|
|
|
|
|
OPERADORA
DEL PACIFICO DE CABLE, S.A. DE C.V.
|
|
|
|
|
|
TELEVISION
INTERNACIONAL, S.A. DE C.V.
|
|
|
|
|
|
OPERADORA
DE CABLE DE OCCIDENTE, S.A. DE C.V.
|
|
|
|
|
|
TELEVICABLE
DEL CENTRO, S.A. DE C.V.
|
|
|
|
|
|
SERVICIOS
DE COMUNICACIÓN POR CABLE, S.A. DE C.V.
|
|
|
|
|
|
CABLE
OPERADORA DE LA COMARCA, S.A. DE C.V.
|
|
|
|
|
|
TELECABLE
DE CHIHUAHUA, S.A. DE C.V.
|
ADVERTISED
TIME SOLD
|
|
158,612
|
|
|
CERVECERIA
MODELO, S.A. DE C.V.
|
|
|
|
|
|
TELEFONOS
DE MEXICO, S.A. DE C.V.
|
|
|
|
|
|
COMUNICACIONES
NEXTEL DE MEXICO, S.A. DE C.V.
|
|
|
|
|
|
SUAVE
Y FACIL, S.A. DE C.V.
|
|
|
|
|
|
OPERADORA
DEFINITE, S.A. DE C.V.
|
|
|
|
|
|
COMBE
DE MEXICO, S. DE R.L. DE C.V.
|
|
|
|
|
|
ALESTRA,
S. DE R.L. DE C.V.
|
|
|
|
|
|
VOLKSWAGEN
DE MEXICO, S.A. DE C.V.
|
|
|
|
|
|
MARCAS
NESTLE, S.A. DE C.V.
|
PUBLISHING:
|
|
|
|
|
|
MAGAZINE
CIRCULATION
|
62,747
|
845,705
|
|
TV
Y NOVELAS MAGAZINE,
|
GENERAL
PUBLIC (AUDIENCE)
|
|
|
|
|
TELEGUIA
MAGAZINE,
|
DEALERS
|
|
|
|
|
VANIDADES
MAGAZINE
|
COMMERCIAL
CENTERS (MALLS)
|
|
|
|
|
COSMOPOLITAN
MAGAZINE
|
|
|
|
|
|
NATIONAL
GEOGRAPHIC MAGAZINE
|
|
|
|
|
|
TU
MAGAZINE
|
|
|
|
|
|
REBELDE
MAGAZINE
|
|
|
|
|
|
SOY
AGUILA MAGAZINE
|
|
|
|
|
|
VIVE
PRESTIGE MAGAZINE
|
|
|
|
|
|
MUY
INTERESANTE MAGAZINE
|
|
|
|
|
|
BIG
BANG MAGAZINE
|
|
|
|
|
|
SOCCERMANIA
MAGAZINE
|
|
|
|
|
|
COCINA
FACIL MAGAZINE
|
|
PUBLISHING
|
|
898,454
|
|
|
FRABEL,
S.A. DE C.V.
|
|
|
|
|
|
KIMBERLY
CLARK DE MEXICO, S.A. DE C.V.
|
|
|
|
|
|
DILTEX,
S.A. DE C.V.
|
|
|
|
|
|
FABRICAS
DE CALZADO ANDREA, S.A. DE C.V.
|
|
|
|
|
|
FORD
MOTOR COMPANY, S.A. DE C.V.
|
|
|
|
|
|
COMERCIALIZADORA
DE CONTENIDOS A MOVILES, S.A. DE C.V.
|
|
|
|
|
|
MEDIA
PLANNING, S.A. DE C.V.
|
|
|
|
|
|
BIMBO,
S.A. DE C.V.
|
|
|
|
|
|
TELEFONOS
DE MEXICO, S.A. DE C.V.
|
|
|
|
|
|
COMPAÑIA
PROCTER & GAMBLE DE MEXICO, S. DE R.L DE C.V.
|
OTHER
INCOME
|
|
18,676
|
|
|
VARIOUS
|
PUBLISHING
DISTRIBUTION:
|
10,636
|
200,850
|
|
MAGAZINE:
|
GENERAL
PUBLIC (AUDIENCE)
|
|
|
|
|
"MAESTRA
DE PREESCOLAR"
|
DEALERS
|
|
|
|
|
"EL
SOLITARIO"
|
COMMERCIAL
CENTERS (MALLS)
|
|
|
|
|
"CONTENIDO"
|
|
|
|
|
|
"REVISTA
DEL CONSUMIDOR"
|
|
|
|
|
|
"ENTREPRENEUR"
|
|
SKY
MEXICO
|
|
|
|
|
|
DTH
BROADCAST SATELLITE
|
|
7,109,585
|
|
SKY
|
SUBSCRIBERS
|
PAY
PER VIEW
|
|
222,800
|
|
|
|
CHANNEL
COMMERCIALIZATION
|
|
120,345
|
|
|
LG
ELECTRONIC, S.A. DE C.V.
|
|
|
|
|
|
COMUNICACIONES
NEXTEL DE MEXICO, S.A. DE C.V.
|
|
|
|
|
|
SOCIEDAD
DE LA PUBLICIDAD DE DISTRIBUIDORES MITSUBISHI, S.C.
|
|
|
|
|
|
BANCO
MERCANTIL DEL NORTE, S.A.
|
CABLE
TELEVISION:
|
|
|
|
|
|
ANALOGIC
AND DIGITAL SERVICE
|
|
1,630,186
|
|
CABLEVISION
|
SUBSCRIBERS
|
INTERNET
SERVICES
|
|
212,894
|
|
|
|
SERVICE
INSTALLATION
|
|
38,512
|
|
|
|
PAY
PER VIEW
|
|
15,452
|
|
|
|
CHANNEL
COMMERCIALIZATION
|
|
50,472
|
|
|
TELEFONOS
DE MEXICO, S.A. DE C.V.
|
OTHER
|
|
37,227
|
|
|
BANCO
MERCANTIL DEL NORTE, S.A.
|
|
|
|
|
|
UNIVERSIDAD
TECNOLOGICA DE MEXICO, S.C.
|
RADIO:
|
|
|
|
|
|
ADVERTISED
TIME SOLD
|
|
444,569
|
|
|
PEGASO,
PCS, S.A. DE C.V.
|
|
|
|
|
|
COMPAÑÍA
CERVECERA DEL TROPICO, S.A. DE C.V.
|
|
|
|
|
|
COOPERATIVA
LA CRUZ AZUL, S.C.L.
|
|
|
|
|
|
BANCO
NACIONAL DE MEXICO, S.A.
|
|
|
|
|
|
UNILEVER
DE MEXICO, S DE R.L. DE C.V.
|
|
|
|
|
|
CERVECERIA
CUAUHTEMOC MOCTEZUMA, S.A. DE C.V.
|
|
|
|
|
|
CORPORACION
NORTEAMERICANA, S.A. DE C.V.
|
|
|
|
|
|
RADIORAMA,
S.A. DE C.V.
|
|
|
|
|
|
BANCO
MERCANTIL DEL NORTE, S.A.
|
|
|
|
|
|
MARCAS
NESTLE, S.A. DE C.V.
|
OTHER
BUSINESSES:
|
|
|
|
|
|
DISTRIBUTION,
RENTALS, AND SALE
|
|
|
|
|
|
OF
MOVIE RIGHTS
|
|
486,010
|
|
|
CINEPOLIS
DEL PAÍS, S.A. DE C.V.
|
|
|
|
|
|
CINEMAS
DE LA REPUBLICA, S.A. DE C.V.
|
|
|
|
|
|
OPERADORA
DE CINEMAS, S.A. DE C.V.
|
|
|
|
|
|
MULTIMEDIOS
CINEMAS, S.A. DE C.V.
|
|
|
|
|
|
CINEMARK
DE MEXICO, S.A. DE C.V.
|
|
|
|
|
|
QUALITY
FILMS, S. DE R.L. DE C.V.
|
|
|
|
|
|
GENERAL
PUBLIC (AUDIENCE)
|
SPECIAL
EVENTS AND SHOW PROMOTION
|
|
578,343
|
|
AMERICA,
REAL SAN LUIS
|
GENERAL
PUBLIC (AUDIENCE)
|
|
|
|
|
ESTADIO
AZTECA
|
FEDERACION
MEXICANA DE FUTBOL, A.C.
|
INTERNET
SERVICES
|
|
278,946
|
|
ESMAS.COM
|
RADIOMOVIL
DIPSA, S.A. DE C.V.
|
|
|
|
|
|
PEGASO
PCS, S.A. DE C.V.
|
|
|
|
|
|
MYALERCOM,
S.A.
|
|
|
|
|
|
IUSACELL,
S.A. DE C.V.
|
|
|
|
|
|
TELEFONOS
DE MEXICO, S.A DE C.V.
|
|
|
|
|
|
OPERADORA
UNEFON, S.A. DE C.V.
|
GAMING
|
|
58,804
|
|
PLAY
CITY
|
GENERAL
PUBLIC (AUDIENCE)
|
FOREIGN
SALES
|
|
|
|
|
|
INTERSEGMENT
ELIMINATIONS
|
|
(12,396)
|
|
|
|
|
|
|
|
|
|
TELEVISION
BROADCASTING:
|
|
|
|
|
|
ADVERTISING
TIME SOLD
|
|
444,156
|
|
|
MCCANN
ERICKSON, INC
|
|
|
|
|
|
BBD&O
|
|
|
|
|
|
SAATCHI
& SAATCHI
|
|
|
|
|
|
MEDIAEDGE,
CIA.
|
|
|
|
|
|
GSD&M
ADVERTISING
|
|
|
|
|
|
STARCOM
|
OTHER
INCOME
|
|
124,296
|
|
|
VARIOUS
|
PROGRAMMING
FOR PAY TELEVISION:
|
|
|
|
|
|
SALES
OF SIGNALS
|
|
312,976
|
|
|
DIRECTV
ARGENTINA
|
|
|
|
|
|
GALAXY
ENTERTAINMENT DE VZLA, C.A. DIRECTV.
|
|
|
|
|
|
DIRECTV
CHILE TELEVISION
|
|
|
|
|
|
SUPER
CABLE, AKL.
|
|
|
|
|
|
ECHOSTAR
|
ADVERTISING
TIME SOLD
|
|
57,732
|
|
|
MEDIA
NETWORKS PERU, S.A.C.
|
|
|
|
|
|
CAPITAL
MEDIA GROUP, INC.
|
|
|
|
|
|
LA
KD ENTETAINMENT
|
|
|
|
|
|
NRD
MEDIA
|
PROGRAMMING
EXPORT:
|
|
|
|
|
|
PROGRAMMING
AND ROYALTIES
|
|
2,110,923
|
|
TELEVISA
|
CORPORACION
VENEZOLANA DE TELEVISION
|
|
|
|
|
TELEVISA
|
ANTENA
3 DE TELEVISION, S.A.
|
|
|
|
|
TELEVISA
|
CORPORACION
TELEVEN, S.A.
|
|
|
|
|
TELEVISA
|
PROCTER
& GAMBLE HELLAS, LTD
|
|
|
|
|
TELEVISA
|
ILLIMANI
DE COMUNICACIONES, S.A.
|
|
|
|
|
TELEVISA
|
TELEARTE,
S.A. EMPRESA DE RADIO COMUNICACIÓN
|
|
|
|
|
TELEVISA
|
|
PUBLISHING:
|
|
|
|
|
|
MAGAZINE
CIRCULATION
|
40,517
|
564,261
|
|
T.V.
Y NOVELAS MAGAZINE
|
GENERAL
PUBLIC (AUDIENCE)
|
|
|
|
|
NATIONAL
GEOGRAPHIC MAGAZINE
|
DEALERS
|
|
|
|
|
REBELDE
MAGAZINE
|
COMMERCIAL
CENTERS (MALLS)
|
|
|
|
|
VANIDADES
MAGAZINE
|
|
|
|
|
|
COSMOPOLITAN
MAGAZINE
|
|
|
|
|
|
TU
MAGAZINE
|
|
|
|
|
|
CARAS
MAGAZINE
|
|
|
|
|
|
MAXIM
MAGAZINE
|
|
|
|
|
|
CONDORITO
MAGAZINE
|
|
PUBLISHING
|
|
558,352
|
|
|
PROCTER
& GAMBLE
|
|
|
|
|
|
P
& G PRESTIGE
|
|
|
|
|
|
PARLUX
INT´L
|
|
|
|
|
|
ESTEE
LAUDER
|
|
|
|
|
|
JOHNSON
& JOHNSON
|
|
|
|
|
|
CINGULAR
WIRELESS
|
PUBLISHING
DISTRIBUTION:
|
15,165
|
232,683
|
|
SELECCIONES
MAGAZINE
|
GENERAL
PUBLIC (AUDIENCE)
|
|
|
|
|
HOLA
MAGAZINE
|
DEALERS
|
|
|
|
|
VEA
MAGAZINE
|
COMMERCIAL
CENTERS (MALLS)
|
|
|
|
|
SOHO
MAGAZINE
|
|
|
|
|
|
CROMOS
MAGAZINE
|
|
|
|
|
|
JET
SET MAGAZINE
|
|
|
|
|
|
SEMANA
MAGAZINE
|
|
|
|
|
|
DINERO
MAGAZINE
|
|
OTHER
BUSINESSES:
|
|
|
|
|
|
DISTRIBUTION
OF FILM MOVIES
|
|
5,983
|
|
|
WARNER
HOME VIDEO, INC.
|
|
|
|
|
|
NATIONAL
AMUSEMENTS
|
|
|
|
|
|
ARCANGELO
ENTERTAINMENT, INC.
|
TOTAL
|
|
37,931,841
|
|
|
|
SALES
DISTRIBUTION BY PRODUCT
|
|||||
FOREIGN
SALES
|
|||||
CONSOLIDATED
|
|||||
AUDITED
INFORMATION
|
Final
Printing
|
||||
|
NET
SALES
|
|
MAIN
|
||
MAIN
PRODUCTS
|
VOLUME
|
AMOUNT
|
DESTINATION
|
TRADEMARKS
|
CUSTOMERS
|
|
|
|
|
|
|
FOREIGN
SALES
|
|
|
|
|
|
TELEVISION
BROADCASTING:
|
|
|
|
|
|
ADVERTISING
TIME SOLD
|
|
88,505
|
UNITED
STATES OF AMERICA
|
|
MCCANN
ERICKSON, INC
|
|
|
|
|
|
BBD&O
|
|
|
|
|
|
SAATCHI
& SAATCHI
|
|
|
|
|
|
MEDIAEDGE,
CIA.
|
|
|
|
|
|
GSD&M
ADVERTISING
|
|
|
|
|
|
STARCOM
|
OTHER
INCOME
|
|
93,831
|
UNITED
STATES OF AMERICA
|
|
VARIOUS
|
PROGRAMMING
FOR PAY TELEVISION:
|
|
|
|
|
|
SALES
OF SIGNALS
|
|
229,650
|
SPAIN
|
|
DIRECTV
ARGENTINA
|
|
|
|
ARGENTINA
|
|
GALAXY
ENTERTAINMENT DE VZLA, C.A. DIRECTV.
|
|
|
|
CHILE
|
|
DIRECTV
CHILE TELEVISION
|
|
|
|
GUATEMALA
|
|
SUPER
CABLE, AKL.
|
|
|
|
COLOMBIA
|
|
ECHOSTAR
|
|
|
|
UNITED
STATES OF AMERICA
|
|
|
PROGRAMMING
EXPORT:
|
|
|
|
|
|
PROGRAMMING
AND ROYALTIES
|
|
2,110,923
|
UNITED
STATES OF AMERICA
|
TELEVISA
|
CORPORACION
VENEZOLANA DE TELEVISION
|
|
|
|
CENTRAL
AMERICA
|
TELEVISA
|
ANTENA
3 DE TELEVISION, S.A.
|
|
|
|
CARIBBEAN
|
TELEVISA
|
CORPORACION
TELEVEN, S.A.
|
|
|
|
EUROPE
|
TELEVISA
|
PROCTER
& GAMBLE HELLAS, LTD
|
|
|
|
SOUTH
AMERICA
|
TELEVISA
|
ILLIMANI
DE COMUNICACIONES, S.A.
|
|
|
|
AFRICA
|
TELEVISA
|
TELEARTE,
S.A. EMPRESA DE RADIO COMUNICACIÓN
|
|
|
|
ASIA
|
TELEVISA
|
|
OTHER
BUSINESSES:
|
|
|
|
|
|
DISTRIBUTION
OF FILM MOVIES
|
|
5,983
|
UNITED
STATES OF AMERICA
|
|
WARNER
HOME VIDEO, INC.
|
|
|
|
|
|
NATIONAL
AMUSEMENTS
|
|
|
|
|
|
ARCANGELO
ENTERTAINMENT, INC.
|
SUBSIDIARIES
ABROAD
|
|
|
|
|
|
TELEVISION
BROADCASTING:
|
|
|
|
|
|
ADVERTISING
TIME SOLD
|
|
355,651
|
UNITED
STATES OF AMERICA
|
|
MCCANN
ERICKSON, INC
|
|
|
|
|
|
BBD&O
|
|
|
|
|
|
SAATCHI
& SAATCHI
|
|
|
|
|
|
MEDIAEDGE,
CIA.
|
|
|
|
|
|
GSD&M
ADVERTISING
|
|
|
|
|
|
STARCOM
|
OTHER
INCOME
|
|
30,465
|
UNITED
STATES OF AMERICA
|
|
VARIOUS
|
PROGRAMMING
FOR PAY TELEVISION:
|
|
|
|
|
|
SALES
OF SIGNALS
|
|
83,326
|
SPAIN
|
|
DIRECTV
ARGENTINA
|
|
|
|
ARGENTINA
|
|
GALAXY
ENTERTAINMENT DE VZLA, C.A. DIRECTV
|
|
|
|
CHILE
|
|
DIRECTV
CHILE TELEVISION
|
|
|
|
GUATEMALA
|
|
SUPER
CABLE, AKL.
|
|
|
|
COLOMBIA
|
|
ECHOSTAR
|
|
|
|
UNITED
STATES OF AMERICA
|
|
|
ADVERTISING
TIME SOLD
|
|
57,732
|
|
|
MEDIA
NETWORKS PERU, S.A.C.
|
|
|
|
|
|
CAPITAL
MEDIA GROUP, INC.
|
|
|
|
|
|
LA
KD ENTERTAINMENT
|
|
|
|
|
|
NRD
MEDIA
|
PUBLISHING:
|
|
|
|
|
|
MAGAZINE
CIRCULATION
|
40,517
|
564,261
|
GUATEMALA
AND COSTA RICA
|
T.V.
Y NOVELAS MAGAZINE
|
GENERAL
PUBLIC (AUDIENCE)
|
|
|
|
UNITED
STATES OF AMERICA
|
NATIONAL
GEOGRAPHIC MAGAZINE
|
DEALERS
|
|
|
|
PANAMA
|
REBELDE
MAGAZINE
|
COMMERCIAL
CENTERS (MALLS)
|
|
|
|
SOUTH
AMERICA
|
VANIDADES
MAGAZINE
|
|
|
|
|
CENTRAL
AMERICA
|
COSMOPOLITAN
MAGAZINE
|
|
|
|
|
|
TU
MAGAZINE
|
|
|
|
|
|
CARAS
MAGAZINE
|
|
|
|
|
|
MAXIM
MAGAZINE
|
|
|
|
|
|
CONDORITO
MAGAZINE
|
|
PUBLISHING
|
|
558,352
|
|
|
PROCTER
& GAMBLE
|
|
|
|
|
|
P
& G PRESTIGE
|
|
|
|
|
|
PARLUX
INT´L
|
|
|
|
|
|
ESTEE
LAUDER
|
|
|
|
|
|
JOHNSON
& JOHNSON
|
|
|
|
|
|
CINGULAR
WIRELESS
|
PUBLISHING
DISTRIBUTION:
|
15,165
|
232,683
|
PANAMA
|
SELECCIONES
MAGAZINE
|
GENERAL
PUBLIC (AUDIENCE)
|
|
|
|
SOUTH
AMERICA
|
HOLA
MAGAZINE
|
DEALERS
|
|
|
|
|
VEA
MAGAZINE
|
COMMERCIAL
CENTERS (MALLS)
|
|
|
|
|
CROMOS
MAGAZINE
|
|
|
|
|
|
JET
SET MAGAZINE
|
|
|
|
|
|
SEMANA
MAGAZINE
|
|
|
|
|
|
DINERO
MAGAZINE
|
|
|
|
|
|
SOHO
MAGAZINE
|
|
INTERSEGMENT
ELIMINATIONS
|
|
(12,396)
|
|
|
|
TOTAL
|
55,682
|
4,398,966
|
|
|
|
PROJECT,
AMOUNT EXERCISED AND PROGRESS PERCENTAGE
|
|||||||||
CONSOLIDATED
|
|||||||||
AUDITED
INFORMATION
|
Final
Printing
|
||||||||
|
|
|
|
|
|
|
|
|
|
MAJOR
INVESTMENT PROJECTS OF GRUPO TELEVISA, S.A. AND ITS SUBSIDIARIES
AT
DECEMBER 31, 2006,
|
|||||||||
INCLUDE
THE FOLLOWING (MILLIONS OF U.S. DOLLARS AND MEXICAN
PESOS):
|
|||||||||
DESCRIPTION
|
AUTHORIZED
AMOUNT
|
EXERCISED
AMOUNT
|
PROGRESS
%
|
||||||
U.S.
DOLLAR DENOMINATED PROJECTS:
|
|||||||||
DIGITALIZATION
OF THE CABLE TELEVISION
|
|||||||||
NETWORK
|
U.S.$
|
219.2
|
U.S.$
|
171.6
|
78%
|
||||
GAMING
BUSINESS PROJECTS
|
37.8
|
15.1
|
40%
|
||||||
INFORMATION
TECHNOLOGY PROJECTS OF
|
|||||||||
CABLE
TELEVISION
|
22.7
|
18.4
|
81%
|
||||||
TECHNICAL
EQUIPMENT FOR T.V. STATIONS
|
13.3
|
10.4
|
78%
|
||||||
MEXICAN
PESOS DENOMINATED PROJECTS:
|
|||||||||
WAL
MART PROJECT
|
PS.
|
206.4
|
PS.
|
166.1
|
80%
|
||||
INFORMATION
TECHNOLOGY PROJECTS
|
37.9
|
3.2
|
8%
|
||||||
GAMING
BUSINESS PROJECTS
|
92.4
|
27.4
|
30%
|
INFORMATION
RELATED TO BULLETIN B-15 (FOREIGN CURRENCY
TRANSLATION)
|
||||||||
CONSOLIDATED
|
||||||||
AUDITED
INFORMATION
|
Final
Printing
|
|||||||
|
|
|
|
|
|
|
|
|
MONETARY
ASSETS AND LIABILITIES OF MEXICAN COMPANIES DENOMINATED IN FOREIGN
CURRENCIES ARE TRANSLATED
|
||||||||
AT
THE PREVAILING EXCHANGE RATE AT THE BALANCE SHEET DATE. RESULTING
EXCHANGE
RATE DIFFERENCES ARE
|
||||||||
RECOGNIZED
IN INCOME FOR THE YEAR, WITHIN INTEGRAL COST OF FINANCING.
|
||||||||
ASSETS,
LIABILITIES AND RESULTS OF OPERATIONS OF NON-MEXICAN SUBSIDIARIES
ARE
FIRST CONVERTED TO
|
||||||||
MEXICAN
FRS, INCLUDING RESTATING TO RECOGNIZE THE EFFECTS OF INFLATION
BASED ON
THE INFLATION OF EACH
|
||||||||
FOREIGN
COUNTRY, AND THEN TRANSLATED TO MEXICAN PESOS UTILIZING THE EXCHANGE
RATE
AS OF THE BALANCE
|
||||||||
SHEET
DATE AT YEAR-END. RESULTING TRANSLATION DIFFERENCES ARE RECOGNIZED
IN
EQUITY AS PART OF THE
|
||||||||
OTHER
COMPREHENSIVE INCOME OR LOSS. FINANCIAL STATEMENTS OF NON-MEXICAN
OPERATIONS THAT ARE INTEGRAL
|
||||||||
TO
MEXICAN OPERATIONS ARE CONVERTED TO MEXICAN FRS AND TRANSLATED
TO MEXICAN
PESOS BY UTILIZING THE
|
||||||||
EXCHANGE
RATE OF THE BALANCE SHEET DATE AT YEAR-END FOR MONETARY ASSETS
AND
LIABILITIES, WITH THE
|
||||||||
RELATED
ADJUSTMENT INCLUDED IN NET INCOME, AND HISTORICAL EXCHANGE RATES
FOR
NON-MONETARY ITEMS.
|
||||||||
IN
CONNECTION WITH ITS NET INVESTMENT IN SHARES OF UNIVISION, THE
GROUP HAS
DESIGNATED AS AN EFFECTIVE
|
||||||||
HEDGE
OF FOREIGN EXCHANGE EXPOSURE THE OUTSTANDING PRINCIPAL AMOUNT
OF A PORTION
OF ITS U.S.-DOLLAR-
|
||||||||
DENOMINATED
SENIOR NOTES DUE 2011, 2025 AND 2032, WHICH TOTAL PRINCIPAL AMOUNT
WAS OF
U.S.$775.5 MILLION
|
||||||||
AND
U.S.$971.9 MILLION AS OF DECEMBER 31, 2005 AND 2006, RESPECTIVELY.
CONSEQUENTLY, ANY FOREIGN EXCHANGE
|
||||||||
GAIN
OR LOSS ATTRIBUTABLE TO THIS DESIGNATED HEDGING LONG-TERM DEBT,
IS
CREDITED OR CHARGED DIRECTLY
|
||||||||
TO
EQUITY (OTHER COMPREHENSIVE INCOME OR LOSS).
|
||||||||
THE
GROUP'S FINANCIAL STATEMENTS FOR DECEMBER 31, 2005, HAVE BEEN
RESTATED TO
MEXICAN PESOS IN
|
||||||||
PURCHASING
POWER AS OF DECEMBER 31, 2006, BY USING A RESTATEMENT FACTOR
DERIVED FROM
THE CHANGE
|
||||||||
IN
THE NCPI, WHICH FOR 2005 WAS 1.0405. HAD THE ALTERNATIVE WEIGHTED
AVERAGE
FACTOR ALLOWED UNDER
|
||||||||
MEXICAN
FRS BEEN APPLIED TO RESTATE THE GROUP'S FINANCIAL STATEMENTS
FOR DECEMBER
31, 2005, WHICH
|
||||||||
INCLUDED
THE RESULTS OF MEXICAN AND NON-MEXICAN SUBSIDIARIES, THE RESTATEMENT
FACTOR FOR
|
||||||||
DECEMBER
2005 WOULD HAVE BEEN 1.0407.
|
MANAGEMENT'S
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS
|
||
AUDITED
INFORMATION
|
CONSOLIDATED
Final
Printing
|
FINANCIAL
STATEMENT NOTES
|
||
AUDITED
INFORMATION
|
CONSOLIDATED
Final
Printing
|
1.
|
ACCOUNTING
POLICIES:
|
2.
|
PROPERTY,
PLANT AND EQUIPMENT:
|
2006
|
2005
|
||||||
BUILDINGS
|
Ps.
|
8,394,388
|
Ps.
|
8,287,664
|
|||
BUILDING
IMPROVEMENTS
|
1,632,675
|
1,646,510
|
|||||
TECHNICAL
EQUIPMENT
|
20,118,867
|
18,698,870
|
|||||
SATELLITE
TRANSPONDERS
|
1,694,099
|
1,702,468
|
|||||
FURNITURE
AND FIXTURES
|
576,030
|
520,339
|
|||||
TRANSPORTATION
EQUIPMENT
|
1,263,059
|
1,150,699
|
|||||
COMPUTER
EQUIPMENT
|
1,594,073
|
1,471,032
|
|||||
35,273,191
|
33,477,582
|
||||||
ACCUMULATED
DEPRECIATION
|
(19,449,494
|
)
|
(17,870,662
|
)
|
|||
15,823,697
|
15,606,920
|
||||||
LAND
|
3,988,747
|
3,975,677
|
|||||
CONSTRUCTION
AND PROJECTS IN PROGRESS
|
1,163,495
|
945,587
|
|||||
Ps.
|
20,975,939
|
Ps.
|
20,528,184
|
3.
|
LONG-TERM
DEBT SECURITIES:
|
2006
|
2005
|
LONG-TERM
DEBT SECURITIES
|
U.S.
DOLLAR PRINCIPAL AMOUNTS (THOUSANDS)
|
MEXICAN
PESOS
|
U.S.
DOLLAR PRINCIPAL AMOUNTS (THOUSANDS)
|
MEXICAN
PESOS
|
|||||||||
11.875%
SERIES “B” SENIOR NOTES DUE 2006 (A)
|
$
|
-
|
Ps.
|
-
|
$
|
5,343
|
Ps.
|
59,078
|
|||||
8.000%
SENIOR NOTES DUE 2011 (A) (B)
|
71,951
|
777,251
|
75,484
|
834,643
|
|||||||||
6.625%
SENIOR NOTES DUE 2025 (A) (B)
|
600,000
|
6,481,500
|
600,000
|
6,634,328
|
|||||||||
8.500%
SENIOR NOTES DUE 2032 (A)
|
300,000
|
3,240,750
|
300,000
|
3,317,164
|
|||||||||
9.375%
SENIOR NOTES DUE 2013 (C)
|
11,251
|
121,539
|
300,000
|
3,317,164
|
|||||||||
$
|
983,202
|
10,621,040
|
$
|
1,280,827
|
14,162,377
|
||||||||
8.15%
UDI-DENOMINATED NOTES DUE 2007 (B) (D)
|
980,246
|
979,214
|
|||||||||||
Ps.
|
11,601,286
|
Ps.
|
15,141,591
|
(A)
THESE SENIOR NOTES ARE UNSECURED OBLIGATIONS OF THE COMPANY, RANK
EQUALLY
IN RIGHT OF PAYMENT WITH ALL EXISTING AND FUTURE UNSECURED AND
UNSUBORDINATED INDEBTEDNESS OF THE COMPANY, AND ARE JUNIOR IN RIGHT
OF
PAYMENT TO ALL OF THE EXISTING AND FUTURE LIABILITIES OF THE COMPANY’S
SUBSIDIARIES. INTEREST ON SENIOR NOTES DUE 2011, 2025 AND 2032,
INCLUDING
ADDITIONAL AMOUNTS PAYABLE IN RESPECT OF CERTAIN MEXICAN WITHHOLDING
TAXES, IS 8.41%, 6.97% AND 8.94% PER ANNUM, RESPECTIVELY, AND IS
PAYABLE
SEMI-ANNUALLY. THESE SENIOR NOTES MAY NOT BE REDEEMED PRIOR TO
MATURITY,
EXCEPT IN THE EVENT OF CERTAIN CHANGES IN LAW AFFECTING THE MEXICAN
WITHHOLDING TAX TREATMENT OF CERTAIN PAYMENTS ON THE SECURITIES,
IN WHICH
CASE THE SECURITIES WILL BE REDEEMABLE, AS A WHOLE BUT NOT IN PART,
AT THE
OPTION OF THE COMPANY. THE SENIOR NOTES DUE 2011 AND 2032 WERE
PRICED AT
98.793% AND 99.431%, RESPECTIVELY, FOR A YIELD TO MATURITY OF 8.179%
AND
8.553%, RESPECTIVELY. THE AGREEMENT OF THESE SENIOR NOTES CONTAINS
CERTAIN
COVENANTS THAT LIMIT THE ABILITY OF THE COMPANY AND CERTAIN RESTRICTED
SUBSIDIARIES ENGAGED IN TELEVISION BROADCASTING, PAY TELEVISION
NETWORKS
AND PROGRAMMING EXPORTS, TO INCUR OR ASSUME LIENS, PERFORM SALE
AND
LEASEBACK TRANSACTIONS, AND CONSUMMATE CERTAIN MERGERS, CONSOLIDATIONS
AND
SIMILAR TRANSACTIONS. SUBSTANTIALLY ALL OF THESE SENIOR NOTES ARE
REGISTERED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION.
|
|
(B)
IN MARCH AND MAY 2005, THE COMPANY ISSUED SENIOR NOTES DUE 2025
IN THE
AGGREGATE AMOUNT OF U.S.$400 MILLION AND U.S.$200 MILLION, RESPECTIVELY,
WHICH WERE PRICED AT 98.081% AND 98.632%, RESPECTIVELY, FOR A YIELD
TO
MATURITY OF 6.802% AND 6.787%, RESPECTIVELY. THE NET PROCEEDS OF
THE
U.S.$400 MILLION OFFERING, TOGETHER WITH CASH ON HAND, WERE USED
TO FUND
THE GROUP’S TENDER OFFERS MADE AND EXPIRED IN MARCH 2005 FOR ANY OR ALL OF
THE SENIOR NOTES DUE 2011 AND THE MEXICAN PESOS EQUIVALENT OF
UDI-DENOMINATED NOTES DUE 2007, AND PREPAID PRINCIPAL AMOUNT OF
THESE
SECURITIES IN THE AMOUNT OF APPROXIMATELY U.S.$222.0 MILLION AND
PS.2,935,097 (NOMINAL), RESPECTIVELY, REPRESENTING APPROXIMATELY
74% AND
76% OF THE OUTSTANDING PRINCIPAL AMOUNT OF THESE SECURITIES, RESPECTIVELY.
THE NET PROCEEDS OF THE U.S.$200 MILLION ISSUANCE WERE USED FOR
CORPORATE
PURPOSES, INCLUDING THE PREPAYMENT OF SOME OF THE GROUP’S OUTSTANDING
INDEBTEDNESS.
|
|
(C)
THESE SENIOR NOTES ARE UNSECURED AND UNSUBORDINATED INDEBTEDNESS
OF SKY
MEXICO. INTEREST ON THESE SENIOR NOTES, INCLUDING ADDITIONAL AMOUNTS
PAYABLE IN RESPECT OF CERTAIN MEXICAN WITHHOLDING TAXES, IS 9.8580%,
AND
IS PAYABLE SEMI-ANNUALLY. SKY MEXICO MAY, AT ITS OWN OPTION, REDEEM
THESE
SENIOR NOTES, IN WHOLE OR IN PART, AT ANY TIME ON OR AFTER SEPTEMBER
19,
2008 AT REDEMPTION PRICES FROM 104.6875% TO 101.5625% BETWEEN SEPTEMBER
19, 2008 THROUGH SEPTEMBER 18, 2011, OR 100% COMMENCING ON SEPTEMBER
19,
2011, PLUS ACCRUED AND UNPAID INTEREST, IF ANY. IN APRIL 2006,
SKY MEXICO
CONCLUDED AN OFFER TO PURCHASE ALL OF THESE SENIOR NOTES WITH THE
TENDER
OF 96.25% OF THE OUTSTANDING PRINCIPAL AMOUNT OF THESE SENIOR NOTES
IN THE
AGGREGATE AMOUNT OF APPROXIMATELY U.S.$324.3 MILLION. THIS TRANSACTION
TOGETHER WITH RELATED FEES AND EXPENSES WERE FINANCED WITH TWO
10-YEAR
BANK LOANS ENTERED INTO BY SKY MEXICO AND GUARANTEED BY THE COMPANY
IN THE
AGGREGATE PRINCIPAL AMOUNT OF PS.3,500,000, AND THE REMAINING WITH
CASH ON
HAND. ANNUAL INTEREST ON THIS MEXICAN PESO INDEBTEDNESS IS AT THE
WEIGHTED
AVERAGE OF 8.836% FOR THE FIRST THREE YEARS, AND FLUCTUATES BETWEEN
8.74%
AND THE MEXICAN INTERBANK RATE PLUS 24 BASIS POINTS FOR THE LAST
SEVEN
YEARS, AND IS PAYABLE ON A MONTHLY BASIS.
|
|
(D)
NOTES DENOMINATED IN MEXICAN INVESTMENT UNITS ("UNIDADES DE INVERSIÓN" OR
"UDIS"), REPRESENTING 258,711,400 UDIS AS OF DECEMBER 31, 2006
AND 2005,
RESPECTIVELY. INTEREST ON THESE NOTES IS PAYABLE SEMI-ANNUALLY.
THE
BALANCE AS OF DECEMBER 31, 2006 AND 2005 INCLUDES RESTAMENT OF
PS.265,578
AND PS.235,581, RESPECTIVELY. THE UDI VALUE AS OF DECEMBER 31,
2006, WAS
OF PS.3.788954 PER UDI.
|
4.
|
CONTINGENCIES:
|
5.
|
STOCKHOLDERS'
EQUITY:
|
2006
|
2005
|
||||||||||||
NOMINAL
PESOS
|
RESTATED
PESOS
|
NOMINAL
PESOS
|
RESTATED
PESOS
|
||||||||||
CAPITAL
STOCK ISSUED
|
Ps.
|
2,483,923
|
Ps.
|
10,126,212
|
Ps.
|
2,524,174
|
Ps.
|
10,290,302
|
|||||
ADDITIONAL
PAID-IN CAPITAL
|
3,841,792
|
4,383,180
|
3,841,792
|
4,383,180
|
|||||||||
LEGAL
RESERVE
|
1,197,574
|
2,058,060
|
1,018,068
|
1,871,279
|
|||||||||
RESERVE
FOR REPURCHASE OF SHARES
|
1,682,757
|
4,459,258
|
2,255,655
|
5,977,422
|
|||||||||
UNAPPROPRIATED
EARNINGS
|
7,485,931
|
16,715,254
|
3,285,844
|
12,313,812
|
|||||||||
CUMULATIVE
GAIN ON EQUITY OF ASSOCIATES
|
2,874,981
|
3,498,743
|
3,397,806
|
4,021,568
|
|||||||||
CUMULATIVE
EFFECT OF DEFERRED TAXES
|
(2,197,681
|
)
|
(3,107,621
|
)
|
(2,197,681
|
)
|
(3,107,621
|
)
|
|||||
ACCUMULATED
OTHER COMPREHENSIVE LOSS
|
—
|
(4,094,823
|
)
|
—
|
(4,604,052
|
)
|
|||||||
NET
INCOME FOR THE YEAR
|
—
|
8,586,188
|
6,125,542
|
6,373,822
|
|||||||||
SHARES
REPURCHASED
|
(6,959,807
|
)
|
(7,603,171
|
)
|
(6,493,138
|
)
|
(7,330,702
|
)
|
|||||
TOTAL
MAJORITY STOCKHOLDERS’ EQUITY
|
Ps.
|
35,021,280
|
Ps.
|
30,189,010
|
ISSUED
|
REPURCHASED
|
OUTSTANDING
|
||||
SERIES
“A” SHARES
|
123,478,023,925
|
9,693,420,060
|
113,784,603,865
|
|||
SERIES
“B” SHARES
|
59,162,448,976
|
5,597,758,127
|
53,564,690,849
|
|||
SERIES
“D” SHARES
|
90,372,213,365
|
5,155,717,964
|
85,216,495,401
|
|||
SERIES
“L” SHARES
|
90,372,213,365
|
5,155,717,964
|
85,216,495,401
|
|||
363,384,899,631
|
25,602,614,115
|
337,782,285,516
|
A,
B, D, AND L SHARES
|
|||||||||||||
IN
THE FORM
OF
CPOS
|
NOT
IN THE
FORM
OF CPOS
|
TOTAL
|
NET
COST
|
||||||||||
REPURCHASE
PROGRAM (1)
|
6,283,683,900
|
-
|
6,283,683,900
|
PS.
|
(2,435,490
|
)
|
|||||||
OWNED
BY A COMPANY’S SUBSIDIARY
|
|||||||||||||
(2)
(3)
|
3,131,390,574
|
537,563,559
|
3,668,954,133
|
(837,097
|
)
|
||||||||
ACQUIRED
BY A COMPANY’S TRUST (4)
|
7,819,753,968
|
7,830,222,114
|
15,649,976,082
|
(3,821,971
|
)
|
||||||||
ADVANCE
FOR ACQUISITION OF SHARES
|
|||||||||||||
(2)
|
-
|
-
|
-
|
(508,613
|
)
|
||||||||
17,234,828,442
|
8,367,785,673
|
25,602,614,115
|
PS.
|
(7,603,171
|
)
|
(1)
|
DURING
2006, THE COMPANY REPURCHASED 6,714,056,700 SHARES IN THE FORM
OF
57,385,100 CPOS, IN THE AMOUNT OF PS.2,595,366 (PS.2,544,326 NOMINAL).
IN
APRIL 2006, THE COMPANY CANCELLED 5,888,469,600 SHARES IN THE FORM
OF
50,328,800 CPOS IN THE AMOUNT OF PS.1,682,254 (PS.1,570,121
NOMINAL).
|
|
(2)
|
IN
CONNECTION WITH THE COMPANY’S STOCK PURCHASE PLAN.
|
|
(3)
|
IN
MARCH, JULY AND DECEMBER 2006, THE GROUP RELEASED 2,159,501,058
SHARES,
1,272,976,263 SHARES AND 436,685,301 SHARES, RESPECTIVELY, IN THE
FORM OF
18,457,274, CPOS, 10,880,139 CPOS AND 3,732,353 CPOS, RESPECTIVELY,
IN THE
AMOUNT OF APPROXIMATELY PS.172,022, PS.190,862 AND PS.64,974,
RESPECTIVELY, IN CONNECTION WITH THE COMPANY’S STOCK PURCHASE
PLAN.
|
|
(4)
|
IN
CONNECTION WITH THE COMPANY’S LONG-TERM RETENTION PLAN. IN APRIL AND
DECEMBER 2006, THE GROUP RELEASED 40,018,680 SHARES AND 1,091,999,844
SHARES IN THE FORM OF 342,040 CPOS AND 9,333,332 CPOS, RESPECTIVELY,
IN
THE AMOUNT OF PS.4,019 AND PS.109,667, RESPECTIVELY, IN CONNECTION
WITH
THIS PLAN.
|
6.
|
RESERVE
FOR REPURCHASE OF SHARES:
|
7.
|
INTEGRAL
COST OF FINANCING:
|
2006
|
2005
|
||||||
INTEREST
EXPENSE (1)
|
Ps.
|
1,937,591
|
Ps.
|
2,221,015
|
|||
INTEREST
INCOME
|
(1,094,266
|
)
|
(969,905
|
)
|
|||
FOREIGN
EXCHANGE LOSS, NET (2)
|
190,516
|
757,036
|
|||||
LOSS
(GAIN) FROM MONETARY POSITION, NET (3)
|
65,850
|
(153,887
|
)
|
||||
Ps.
|
1,099,691
|
Ps.
|
1,854,259
|
(1)
|
INCLUDES
RESTATEMENT OF UDI-DENOMINATED DEBT SECURITIES OF PS.39,843 AND
PS.39,620
NET IN THE YEARS ENDED DECEMBER 31, 2006 AND 2005,
RESPECTIVELY.
|
|
(2)
|
NET
OF FOREIGN EXCHANGE LOSS IN 2006 AND 2005, INCLUDES A NET LOSS
FROM
FOREIGN CURRENCY DERIVATE CONTRACTS OF PS.57,745 AND PS.741,128,
RESPECTIVELY. A FOREIGN EXCHANGE GAIN IN 2005 OF PS.433,752 AND
FOREIGN
EXCHANGE LOSS OF PS.33,175 IN 2006, WERE HEDGED BY THE GROUP’S NET
INVESTMENT IN UNIVISION GROUP AND RECOGNIZED IN STOCKHOLDERS’ EQUITY AS
OTHER COMPREHENSIVE RESULT (SEE NOTE 3).
|
|
(3)
|
THE
GAIN OR LOSS FROM MONETARY POSITION REPRESENTS THE EFFECTS OF INFLATION,
AS MEASURED BY THE NCPI IN THE CASE OF MEXICAN COMPANIES, OR THE
GENERAL
INFLATION INDEX OF EACH COUNTRY IN THE CASE OF FOREIGN SUBSIDIARIES,
ON
THE MONETARY ASSETS AND LIABILITIES AT THE BEGINNING OF EACH MONTH.
IT
ALSO INCLUDES MONETARY LOSS IN 2006 AND 2005 OF PS.107,607 AND
PS.138,620,
RESPECTIVELY, ARISING FROM TEMPORARY DIFFERENCES OF NON-MONETARY
ITEMS IN
CALCULATING DEFERRED INCOME TAX.
|
8.
|
DEFERRED
TAXES:
|
2006
|
2005
|
||||||
ASSETS:
|
|||||||
ACCRUED
LIABILITIES
|
Ps.
|
647,742
|
Ps.
|
839,540
|
|||
GOODWILL
|
778,200
|
833,786
|
|||||
TAX
LOSS CARRYFORWARDS
|
1,296,464
|
1,295,617
|
|||||
ALLOWANCE
FOR DOUBTFUL ACCOUNTS
|
274,974
|
429,424
|
|||||
CUSTOMER
ADVANCES
|
1,194,001
|
1,434,881
|
|||||
OTHERS
ITEMS
|
165,163
|
230,409
|
|||||
4,356,544
|
5,063,657
|
||||||
LIABILITIES:
|
|||||||
INVENTORIES
|
(618,652
|
)
|
(225,100
|
)
|
|||
PROPERTY,
PLANT AND EQUIPMENT - NET
|
(1,072,480
|
)
|
(1,040,005
|
)
|
|||
OTHER
ITEMS
|
(1,246,859
|
)
|
(1,351,651
|
)
|
|||
INNOVA
|
(890,301
|
)
|
(1,375,773
|
)
|
|||
(3,828,292
|
)
|
(3,992,529
|
)
|
||||
DEFERRED-INCOME
TAXS OF MEXICAN COMPANIES
|
528,252
|
1,071,128
|
|||||
DEFERRED
TAX OF FOREIGN SUBSIDIARIES
|
(115,354
|
)
|
(58,595
|
)
|
|||
ASSETS
TAX
|
1,402,658
|
1,440,339
|
|||||
VALUATION
ALLOWANCE
|
(3,304,334
|
)
|
(2,659,111
|
)
|
|||
DEFERRED
INCOME TAX LIABILITY
|
(1,488,778
|
)
|
(206,239
|
)
|
|||
EFFECT
ON CHANGE OF INCOME TAX RATES
|
-
|
33,868
|
|||||
DEFERRED
TAX LIABILITY OF CONTINUING OPERATIONS
|
Ps.
|
(1,488,778
|
)
|
Ps.
|
(172,371
|
)
|
9.
|
EXTRAORDINARY
ITEMS:
|
10.
|
DISCONTINUED
OPERATIONS:
|
11.
|
CUMULATIVE
EFFECT OF ACCOUNTING CHANGES:
|
12.
|
QUARTERLY
NET RESULTS (HISTORICAL AND
RESTATED):
|
HISTORICAL NET RESULT (1) | RESTATED NET RESULT | |||||||||||||||
QUARTER
|
ACCUMULATED
|
QUARTER
|
INDEX
AT END
OF
PERIOD
|
ACCUMULATED
|
QUARTER
|
|||||||||||
1
/
06
|
Ps.
|
1,293,608
|
Ps.
|
1,293,608
|
117.309
|
Ps.
|
1,334,475
|
Ps.
|
1,334,475
|
|||||||
2
/
06
|
3,598,281
|
2,307,431
|
117.059
|
3,719,883
|
2,385,408
|
|||||||||||
3
/
06
|
6,149,532
|
2,486,361
|
119.170
|
6,244,738
|
2,524,855
|
|||||||||||
4
/
06
|
8,586,188
|
2,341,450
|
121.015
|
8,586,188
|
2,341,450
|
(1)
|
AS
REPORTED IN EACH QUARTER.
|
13.
|
INFORMATION
BY SEGMENTS:
|
TOTAL
REVENUES |
INTERSEGMENT
REVENUES |
CONSOLIDATED
REVENUES |
SEGMENT
PROFIT (LOSS) |
|||||||||||||
DECEMBER 2006: | ||||||||||||||||
TELEVISION
BROADCASTING
|
Ps.
|
20,972,085
|
Ps.
|
558,579
|
Ps.
|
20,413,506
|
Ps.
|
10,597,965
|
||||||||
PAY
TELEVISION NETWORKS
|
1,329,044
|
279,037
|
1,050,007
|
682,251
|
||||||||||||
PROGRAMMING
EXPORTS
|
2,110,923
|
-
|
2,110,923
|
869,289
|
||||||||||||
PUBLISHING
|
2,885,448
|
18,997
|
2,866,451
|
555,785
|
||||||||||||
PUBLISHING
DISTRIBUTION
|
433,533
|
11,450
|
422,083
|
17,999
|
||||||||||||
SKY
MEXICO
|
7,452,730
|
90,426
|
7,362,304
|
3,555,478
|
||||||||||||
CABLE
TELEVISION
|
1,984,743
|
4,857
|
1,979,886
|
816,823
|
||||||||||||
RADIO
|
444,569
|
42,829
|
401,740
|
94,565
|
||||||||||||
OTHER
BUSINESSES
|
1,408,086
|
83,145
|
1,324,941
|
(311,316
|
)
|
|||||||||||
SEGMENTS
TOTALS
|
39,021,161
|
1,089,320
|
37,931,841
|
16,878,839
|
||||||||||||
RECONCILIATION
TO CONSOLIDATED AMOUNTS:
|
||||||||||||||||
ELIMINATIONS
AND CORPORATE EXPENSES
|
(1,089,320
|
)
|
(1,089,320
|
)
|
-
|
(450,879
|
)
|
|||||||||
DEPRECIATION
AND AMORTIZATION EXPENSES
|
-
|
-
|
-
|
(2,679,066
|
)
|
|||||||||||
CONSOLIDATED
TOTAL
|
Ps.
|
37,931,841
|
Ps.
|
-
|
Ps.
|
37,931,841
|
Ps.
|
13,748,894
|
(1
|
)
|
||||||
DECEMBER
2005:
|
||||||||||||||||
TELEVISION
BROADCASTING
|
Ps.
|
19,323,506
|
Ps.
|
570,651
|
Ps.
|
18,752,855
|
Ps.
|
9,211,431
|
||||||||
PAY
TELEVISION NETWORKS
|
1,156,214
|
304,920
|
851,294
|
539,072
|
||||||||||||
PROGRAMMING
EXPORTS
|
1,951,951
|
-
|
1,951,951
|
695,785
|
||||||||||||
PUBLISHING
|
2,607,052
|
40,134
|
2,566,918
|
499,525
|
||||||||||||
PUBLISHING
DISTRIBUTION
|
418,495
|
10,638
|
407,857
|
6,869
|
||||||||||||
SKY
MEXICO
|
6,229,173
|
33,240
|
6,195,933
|
2,618,809
|
||||||||||||
CABLE
TELEVISION
|
1,462,098
|
3,001
|
1,459,097
|
509,403
|
||||||||||||
RADIO
|
358,706
|
53,322
|
305,384
|
54,316
|
||||||||||||
OTHER
BUSINESSES
|
1,377,882
|
71,608
|
1,306,274
|
(187,682
|
)
|
|||||||||||
SEGMENTS
TOTALS
|
34,885,077
|
1,087,514
|
33,797,563
|
13,947,528
|
||||||||||||
RECONCILIATION
TO CONSOLIDATED AMOUNTS:
|
||||||||||||||||
ELIMINATIONS
AND CORPORATE EXPENSES
|
(1,087,514
|
)
|
(1,087,514
|
)
|
-
|
(189,867
|
)
|
|||||||||
DEPRECIATION
AND AMORTIZATION EXPENSES
|
-
|
-
|
-
|
(2,517,015
|
)
|
|||||||||||
CONSOLIDATED
TOTAL
|
Ps.
|
33,797,563
|
Ps.
|
-
|
Ps.
|
33,797,563
|
Ps.
|
11,240,646
|
(1
|
)
|
(1)
|
CONSOLIDATED
TOTALS REPRESENTS CONSOLIDATED OPERATING
INCOME.
|
14.
|
SKY
MEXICO:
|
15.
|
INVESTMENTS:
|
16.
|
UNIVISION:
|
GRUPO
TELEVISA, S.A.B.
|
|||
(Registrant)
|
|||
Dated May 7
, 2007
|
By:
|
/s/
Jorge Lutteroth Echegoyen
|
|
Name:
|
Jorge Lutteroth Echegoyen | ||
Title:
|
Controller,
Vice President
|