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Fomento Economico Mexicano S.A.B. de C.V. (FMX)
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FMX » Topics » Argentine operations

This excerpt taken from the FMX 6-K filed Apr 28, 2005.

Argentine operations

 

Expressed in million of Mexican pesos(1) with purchasing power as of March 31, 2005

 

     1Q 05
    %Rev
     1Q 04
    %Rev
  

Sales Volume (million unit cases)

    39.3          37.1       

Average price per unit case

    18.04          16.69       
    
        
      

Net revenues

    708.9          619.3       

Other operating revenues

    35.4          35.3       
    
        
      

Total revenues

    744.3    100.0 %   654.6    100.0 %

Cost of sales

    459.6    61.7 %   401.7    61.4 %
    
  
 
  

Gross profit

    284.8    38.3 %   252.9    38.6 %
    
  
 
  

Operating expenses

    160.4    21.6 %   141.5    21.6 %
    
  
 
  

Operating income

    124.3    16.7 %   111.4    17.0 %

Depreciation, Amortization and other non-cash charges (2)

    32.5    4.4 %   32.4    5.0 %
    
  
 
  
(1) Except volume and average price per unit case figures.
(2) Includes returnable bottle breakage expense.

 

April 28, 2005   LOGO   Page 22

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