<SEC-DOCUMENT>0000895345-17-000114.txt : 20170223
<SEC-HEADER>0000895345-17-000114.hdr.sgml : 20170223
<ACCEPTANCE-DATETIME>20170223171023
ACCESSION NUMBER:		0000895345-17-000114
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170223
FILED AS OF DATE:		20170223
DATE AS OF CHANGE:		20170223

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GRUPO TELEVISA, S.A.B.
		CENTRAL INDEX KEY:			0000912892
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEVISION BROADCASTING STATIONS [4833]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12610
		FILM NUMBER:		17633543

	BUSINESS ADDRESS:	
		STREET 1:		AV VASCO DE QUIROGA 2000
		STREET 2:		COLONIA SANTA FE
		CITY:			MEXICO, D.F.
		STATE:			O5
		ZIP:			01210
		BUSINESS PHONE:		(5255) 52612000

	MAIL ADDRESS:	
		STREET 1:		AV VASCO DE QUIROGA 2000
		STREET 2:		COLONIA SANTA FE
		CITY:			MEXICO, D.F.
		STATE:			O5
		ZIP:			01210

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRUPO TELEVISA S A
		DATE OF NAME CHANGE:	19931202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRUPO TELEVISA S A DE CV
		DATE OF NAME CHANGE:	19931001
</SEC-HEADER>
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<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">REPORT OF FOREIGN ISSUER PURSUANT TO RULES 13a-16 or 15d</font><font style="FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">-</font><font style="FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">16</font></div>

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<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">GRUPO TELEVISA, S.A.B. </font>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(Address of principal executive offices)</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">x</div>
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<div style="FONT-SIZE: 14pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #595959">INVESTOR RELATIONS</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #595959">FOURTH-QUARTER AND FULL YEAR 2016 RESULTS</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #595959">FOR IMMEDIATE RELEASE</div>
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<div style="FONT-SIZE: 14pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: justify">Highlights</div>

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<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: left">&#216;</div>
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<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: left">Solid growth in consolidated net sales and in operating segment income of 9.4% and 9.9%, respectively, in the fourth quarter</div>
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<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: left">&#216;</div>
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<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: left">Strong growth in advertising revenue of 4.0% during the fourth quarter, and an increase in advertising customer deposits for 2017 of 8.9%</div>
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<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: left">&#216;</div>
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<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: left">Univision royalties reach US$90 million in the fourth quarter, a year-over-year growth of 11.8%</div>
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<table id="z771da60337d142e898a4c5117f6e1c6c" class="DSPFListTable" style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
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<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: left">&#216;</div>
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<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: left">Sky reaches 8 million subscribers and posts a growth in full-year revenues of 14.0%</div>
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<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: left">&#216;</div>
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<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: justify">Cable revenue growth of 11.9% for the full year with a growth in operating segment income margin of 150 basis points to 41.5%</div>
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<div>
<table id="z40378731da014e6095194c56f5a36a50" class="DSPFListTable" style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
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<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 36pt; VERTICAL-ALIGN: top; align: right">
<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: left">&#216;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: auto; VERTICAL-ALIGN: top">
<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: justify">Capital expenditures in 2017 expected to come down by US$500 million, or 33% lower than in 2016</div>
</td>
</tr>
</table>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 14pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: justify">Consolidated Results</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Mexico City, February 22, 2017 &#8212; Grupo Televisa, S.A.B. (NYSE:TV; BMV: TLEVISA CPO; &#8220;Televisa&#8221; or &#8220;the Company&#8221;), today announced results for full year and fourth quarter 2016. The results have been prepared in accordance with International Financial Reporting Standards (&#8220;IFRS&#8221;).</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">The following table sets forth condensed consolidated statements of income for the years ended December 31, 2016 and 2015, in millions of Mexican pesos, as well as the percentage that each line represents of net sales and the percentage change when comparing 2016 with 2015:</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">&#160;</div>

<table id="z3ce70c14180a43e584fb0b041539d743" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr style="HEIGHT: 21px">
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">2016</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Margin %</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">2015</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Margin %</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Change %</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Net sales</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">96,287.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">100.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">88,051.8</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">100.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">9.4</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Net income</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">5,333.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">5.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">12,325.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">14.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(56.7)</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Net income attributable to stockholders of the Company</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">3,721.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">3.9</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">10,899.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">12.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(65.9)</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Segment net sales</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">99,347.8</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">100.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">90,198.7</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">100.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">10.1</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Operating segment income <sup style="vertical-align: text-top; line-height: 1; font-size: smaller">(1)</sup></div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">38,923.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">39.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">35,695.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">39.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">9.0</div>
</td>
</tr>
</table>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller">(1)</sup> The operating segment income margin is calculated as a percentage of segment net sales.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Net sales increased by 9.4% to Ps.96,287.4 million in 2016 compared with Ps.88,051.8 million in 2015. This increase was attributable to strong growth in our Content segment, and double-digit growth in our Sky and Cable segments. Operating segment income increased by 9.0%, reaching Ps.38,923.2 million with a margin of 39.2%.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Net income attributable to stockholders of the Company amounted to Ps.3,721.4 million for the year ended December 31, 2016, compared with Ps.10,899.1 million for the year ended December 31, 2015. The net decrease of Ps.7,177.7 million reflected primarily:</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div>
<table id="z1bb586bfff3a4b2994674c0ab95708d4" class="DSPFListTable" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 36pt; VERTICAL-ALIGN: top; align: right">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; COLOR: #000080; TEXT-ALIGN: left">&#9679;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: auto; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">A Ps.2,808.9 million increase in other expense, net, as a result of (a) non-recurring cash income in 2015; (b) non-recurrent severance expenses as part of our cost reduction plan; (c) higher legal and professional advisory services; (d) a higher non-cash loss on disposition of property, plant and equipment as part of the network upgrades in our Cable segment.</div>
</td>
</tr>
</table>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div>
<table id="z281c88b3dda149839ca2680bb529d782" class="DSPFListTable" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 36pt; VERTICAL-ALIGN: top; align: right">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; COLOR: #000080; TEXT-ALIGN: left">&#9679;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: auto; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">A Ps.9,409.2 million increase in finance expense, net, primarily as a result of the absence of other finance income recognized by us in 2015 in connection with our exchange of Convertible Debentures issued by Univision Holdings, Inc. (&#8220;UHI&#8221;), the controlling company of Univision Communications Inc. (&#8220;Univision&#8221;), for Warrants that are exercisable for UHI&#8217;s common stock.</div>
</td>
</tr>
</table>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 14pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: justify">Full Year Results by Business Segment</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: left">The following table presents full year consolidated results ended December 31, 2016 and 2015, for each of our business segments. Full year consolidated results for 2016 and 2015 are presented in millions of Mexican pesos.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<table id="z33680f8f836c43d5a8fa87188fa6e375" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0" border="0">
<tr>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: left">Net Sales</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">2016</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">%</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">2015</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">&#160;%</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Change %</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Content</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">36,686.7</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">36.9</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">34,332.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">38.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">6.9</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Sky</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">21,941.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">22.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">19,253.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">21.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">14.0</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Cable</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">31,891.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">32.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">28,488.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">31.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">11.9</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Other Businesses</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">8,828.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">8.9</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">8,124.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">9.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">8.7</div>
</td>
</tr>

<tr style="HEIGHT: 18px">
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: justify">Segment Net Sales</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">99,347.8</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">100.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">90,198.7</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">100.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">10.1</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Intersegment Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller">1</sup></div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(3,060.4)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(2,146.9)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(42.5)</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: justify">Net Sales</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">96,287.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">88,051.8</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">9.4</div>
</td>
</tr>
</table>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<table id="z6d34f8bf3be447d19990ec29c851715b" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0" border="0">
<tr>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: left">Operating Segment Income<sup style="vertical-align: text-top; line-height: 1; font-size: smaller">2</sup></div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">2016</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Margin&#160; %</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">2015</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Margin %</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Change %</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Content</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">14,748.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">40.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">14,564.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">42.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">1.3</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Sky</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">9,898.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">45.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">8,972.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">46.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">10.3</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Cable</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">13,236.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">41.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">11,405.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">40.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">16.0</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Other Businesses</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">1,040.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">11.8</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">753.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">9.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">38.2</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: justify">Operating Segment Income</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">38,923.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">39.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">35,695.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">39.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">9.0</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Corporate Expenses</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(2,207.9)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(2.2)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(1,960.8)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(2.2)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(12.6)</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Depreciation and Amortization</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(16,979.8)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(17.6)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(14,660.9)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(16.7)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(15.8)</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Other Expense, net</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(3,137.4)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(3.3)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(328.5)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(0.4)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(855.1)</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50.11%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: justify">Operating Income</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">16,598.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">17.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">18,745.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">21.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.98%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">(11.5)</div>
</td>
</tr>
</table>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller">1 </sup>For segment reporting purposes, intersegment operations are included in each of the segment operations.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: left"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller">2</sup> Operating segment income is defined as operating income before depreciation and amortization, corporate expenses, and other expense, net.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">
<div><font style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160; </font>

<table id="z87703663e9014b08972e646313b18b69" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: left">Content</div>
</td>
<td style="WIDTH: 80%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Fourth quarter sales </font>increased by 8.6% to Ps.11,690.9 million compared with Ps.10,763.4 million in fourth quarter 2015.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Full year sales</font> increased by 6.9% to Ps.36,686.7 million compared with Ps.34,332.6&#160; million in 2015.</div>
</td>
</tr>
</table>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>

<table id="z24eadc3eb2924f4f8c2a8d0a289f16c0" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0" border="0">
<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px"></td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 30%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; COLOR: #ff6600; TEXT-ALIGN: left">Millions of Mexican pesos</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">2016</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;%</div>
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<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">2015</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">%</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Change %</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 30%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: left">Advertising</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">23,223.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">63.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">23,029.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">67.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">0.8</div>
</td>
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<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 30%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: left">Network Subscription Revenue</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">4,399.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">12.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">3,595.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">10.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">22.4</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 30%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: left">Licensing and Syndication</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">9,064.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">24.7</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">7,707.9</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">22.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">17.6</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 30%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: left">Net Sales</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">36,686.7</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">100.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">34,332.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">100.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">6.9</div>
</td>
</tr>
</table>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>

<table id="zd0458e9ca4724d52a2041bffe9d9e3e3" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0" border="0">
<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="WIDTH: 80%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: justify">Advertising</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Advertising fourth quarter revenue increased by 4.0% to Ps.7,995.5 million compared with Ps.7,687.3 million in fourth quarter 2015. This is the highest revenue growth of the last 10 quarters.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">As a result, full year revenue growth reached 0.8%. The modest growth in 2016 follows a contraction in revenues during 2015 that resulted from the restructuring of our advertising sales organization.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Advertising customer deposits for 2017 grew by 8.9%.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">&#160;</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="WIDTH: 80%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: justify">Network Subscription Revenue</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Fourth-quarter Network Subscription Revenue increased by 6.1% to Ps.1,045.4 million compared to Ps.984.9 million in fourth-quarter 2015.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Full year Network Subscription Revenue increased by 22.4%. The growth in the fourth quarter and in the full year was driven mainly by the sustained addition of pay-TV subscribers, both in Mexico and Latin America and a positive translation effect on foreign-currency denominated revenues. These two factors more than compensated for the loss of revenue from Megacable starting on September 2016.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">During the year, Televisa continued to produce and transmit several of the leading pay-TV networks in Mexico in key categories, including general entertainment, music and lifestyle, and movies. During 2016, 11 of the top 30 pay-TV networks in Mexico were produced by Televisa.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: justify">Licensing and Syndication</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Fourth-quarter Licensing and Syndication revenue increased by 26.7% to Ps.2,650.0 million compared to Ps.2,091.2 million in fourth-quarter 2015. Fourth-quarter royalties from Univision increased by 11.8% to US$90.4 million in the fourth-quarter 2016 from US$80.9 million in the fourth-quarter 2015 and for the full year 2016 royalties from Univision reached US$324.6 million, equivalent to a growth of 4.3% from 2015.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">The full year increase in Licensing and Syndication revenue of 17.6% is mainly explained by a positive translation effect on foreign-currency-denominated revenues.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">In the aggregate for the full year, the Content segment results reflect a positive translation effect on foreign-currency-denominated sales that amounted to Ps.1,887.0 million.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Fourth quarter operating segment income </font>for our Content segment<font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font>increased by 4.7% to Ps.4,767.8 million compared with Ps.4,555.0 million in fourth quarter 2015; the margin was 40.8%.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Full-year operating segment income </font>for our Content segment<font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font>increased by 1.3% to Ps.14,748.0 million compared with Ps.14,564.2 million in 2015. The margin was 40.2%. The moderate growth in operating segment income was possible in spite of the increased investment in the production of content, the loss of revenue from Megacable starting September, 2016, and the decision not to renew the agreement with Netflix starting July, 2016.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">&#160;</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: left">Sky</div>
</td>
<td style="WIDTH: 80%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Fourth quarter sales</font> increased by 9.8% to Ps.5,505.1 million compared with Ps.5,012.5 million in fourth quarter 2015. During the quarter, Sky added a total of 99,841 subscribers.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Full year sales </font>increased by 14.0% to Ps.21,941.2 million compared with&#160; Ps.19,253.5 million in 2015. The increase in revenue was the fastest of the last four years and was driven by a growth in the subscribers of 742 thousand. Strong revenue growth was also driven by a higher than usual re-charge rate in the first half of 2016 following the transition from analog to digital transmission of broadcast signals.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">As of December 31, 2016, the number of net active subscribers increased to 8,026,519 (including 190,545 commercial subscribers), compared with 7,284,162 (including 178,915 commercial subscribers) as of December 31, 2015. Sky closed the year with 206,814 subscribers in Central America and the Dominican Republic.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Fourth quarter operating segment income</font> increased by 9.3% to Ps.2,423.8 million compared with&#160; Ps.2,217.1 million in fourth quarter 2015, and the margin was 44.0%.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Full year operating segment income</font> increased by 10.3% to Ps.9,898.5 million compared with&#160; Ps.8,972.3 million in 2015, and the margin was 45.1%. The increase in revenues was partially compensated by higher programming costs mainly as a result of the depreciation of the Mexican peso.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: justify">&#160;</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: left">Cable</div>
</td>
<td style="WIDTH: 80%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Fourth quarter sales</font> increased by 9.8% to Ps.8,313.2 million compared with Ps.7,569.9 million in fourth quarter 2015 driven by growth in our cable platforms.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Full year sales</font> increased by 11.9% to Ps.31,891.6 million compared with&#160; Ps.28,488.3 million in 2015.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Voice and data revenue generating units, or RGUs, grew by 11.8% and 11.3% compared with 2015, respectively, and video RGUs grew by 3.6%.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">The following table sets forth the breakdown of RGUs per service type for our Cable segment as of December 31, 2016 and 2015.</div>
</td>
</tr>
</table>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>

<table id="z401fb2ec11d6477a8fca8c04ca8642d4" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0" border="0">
<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.88%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 15.89%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: left">RGUs</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.88%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">2016</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.88%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">2015</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.9%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.88%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 15.89%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: left">Video</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.88%; VERTICAL-ALIGN: middle">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">4,205,864</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.88%; VERTICAL-ALIGN: middle">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">4,061,655</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.9%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.88%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 15.89%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: left">Broadband</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.88%; VERTICAL-ALIGN: middle">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">3,411,790</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.88%; VERTICAL-ALIGN: middle">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">3,066,699</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.9%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.88%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 15.89%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: left">Voice</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.88%; VERTICAL-ALIGN: middle">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">2,113,282</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.88%; VERTICAL-ALIGN: middle">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">1,891,026</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.9%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.88%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 15.89%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: left">Total RGUs</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.88%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">9,730,936</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.88%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">9,019,380</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15.9%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>
</table>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>

<table id="z7a26a1656cac4150bdae8d4d911c3efe" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0" border="0">
<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="WIDTH: 80%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Growth in fourth quarter RGUs was affected by, among other factors, (i) increased competitive pressures; (ii) the acceleration of the pace of integration of our five cable operations, (iii) an economic slowdown in certain areas within our systems, and (iv) the implementation of a more stringent client acceptance process.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Fourth quarter operating segment income </font>increased by 11.2% to Ps.3,346.2 million compared<font style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-VARIANT: normal; FONT-WEIGHT: normal; COLOR: #000080; FONT-STYLE: normal"> with Ps.3,010.1</font> million in fourth quarter 2015, and the margin reached 40.3%.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Full year operating segment income </font>increased by 16.0% to Ps.13,236.1 million compared with&#160; Ps.11,405.6 million in 2015. The margin reached 41.5%, equivalent to an increase of 150 basis points from 2015, and the highest on record. The increase in the margin was possible due to the aggressive cost savings program implemented throughout the year and process of integration of our five cable operations.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">These favorable variances were partially offset by higher programming costs mainly as a result of the depreciation of the Mexican peso and by higher maintenance, personnel and leasing costs and expenses.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: left">The following tables set forth the breakdown of revenues and operating segment income, excluding consolidation adjustments, for our cable and network operations for 2016 and 2015.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Our cable operations include the video, voice and data services provided by Cablevision, Cablemas, TVI, Cablecom and Telecable. Our network operations include the services offered by Bestel and the network operations of Cablecom.</div>
</td>
</tr>
</table>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>

<table id="z357ab83e4c404d2897a161987dabb199" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0" border="0">
<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid; WIDTH: 20%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: left">2016</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #ff6600; TEXT-ALIGN: left">Millions of Mexican pesos</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 19.96%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Cable Operations <sup style="vertical-align: text-top; line-height: 1; font-size: smaller">(1)</sup></div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.84%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Network Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller"> 1)</sup></div>
</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 19.75%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Total Cable</div>
</td>
</tr>

<tr style="HEIGHT: 13px">
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: left">Revenue</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.96%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">27,517.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.84%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">5,654.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.75%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">31,891.6</div>
</td>
</tr>

<tr style="HEIGHT: 20px">
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: left">Operating Segment Income</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.96%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">11,771.7</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.84%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">2,021.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.75%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">13,236.1</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 20%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: left">Margin</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.96%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">42.8%</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.84%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">35.7%</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.75%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">41.5%</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom" colspan="4">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">(1) These results do not include consolidation adjustments of Ps.1,280.1 million in revenues nor Ps.556.6 million in Operating Segment Income, which are considered in the consolidated results of the Cable segment.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.96%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.84%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.75%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 20%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: left">2015</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #ff6600; TEXT-ALIGN: left">Millions of Mexican pesos</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.96%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Cable Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller"> (2)</sup></div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.84%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Network Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller"> (2)</sup></div>
</td>
<td style="WIDTH: 19.75%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic">Total Cable</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: left">Revenue</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.96%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">24,279.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.84%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">5,072.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.75%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">28,488.3</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: left">Operating Segment Income</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.96%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">9,781.9</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.84%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">1,944.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.75%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">11,405.6</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 20%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: left">Margin</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.96%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">40.3%</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.84%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">38.3%</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 19.75%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">40.0%</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: top" colspan="4">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">(2) These results do not include consolidation adjustments of Ps.863.8 million in revenues nor Ps.320.7 million in Operating Segment Income, which are considered in the consolidated results of the Cable segment.</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: top" colspan="4">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>
</table>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>

<table id="z12a5fa1b2ecf4f5cbf1c4568c6e6bbae" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 20%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: left">Other Businesses</div>
</td>
<td style="WIDTH: 80%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Fourth quarter sales </font>increased by 21.0% to Ps.2,783.0 million compared with Ps.2,300.5 million in fourth quarter 2015. The increase is mainly explained by higher revenues in our soccer, gaming and publishing businesses, partially offset by a decrease in revenues of our feature film distribution business.&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Full year sales </font>increased by 8.7% to Ps.8,828.3 million compared with Ps.8,124.3&#160; million in 2015. Businesses that performed well include soccer, and gaming. The gaming business benefited from higher revenues from our electronic gaming machines, while soccer saw an increase in revenues as a result of player-related transactions.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Fourth quarter operating segment income </font>reached Ps.368.1 million compared with&#160; Ps.144.5 million in fourth quarter 2015.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Full year operating segment income</font> increased by 38.2% to Ps.1,040.6 million compared with Ps.753.2 million in 2015, reflecting primarily i) an increase in the operating segment income of our gaming and soccer businesses; ii) a decrease in the operating segment loss of our publishing distribution business.</div>
</td>
</tr>
</table>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-VARIANT: normal; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: normal; TEXT-ALIGN: left">Corporate Expense</div>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Corporate expense increased by Ps.247.1 million, or 12.6%, to Ps.2,207.9 million in 2016, from Ps.1,960.8 million in 2015. The increase reflected primarily a higher share-based compensation expense.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Share-based compensation expense in 2016 and 2015 amounted to Ps.1,410.5 million and Ps.1,199.5 million, respectively, and was accounted for as corporate expense. Share-based compensation expense is&#160; measured at fair value at the time the equity benefits are conditionally sold to officers and employees, and is recognized over the vesting period. The increase of Ps.211.0 million reflected primarily the increase in the market price of our CPO in prior years, and to a lesser extent a higher number of our CPOs conditionally sold to officers and employees in our Cable segment.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: left">Other Expense, Net</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Other expense, net, increased by Ps.2,808.9 million to Ps.3,137.4 million in 2016, from Ps.328.5 million in 2015. Other expense, net, in 2016 included primarily:</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="MARGIN-BOTTOM: 12pt; TEXT-ALIGN: justify">
<table id="z16d9546fea374220a28c7ab151d815ca" class="DSPFListTable" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 36pt; VERTICAL-ALIGN: top; COLOR: #000080; align: right">(i)</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: auto; VERTICAL-ALIGN: top; TEXT-ALIGN: justify">
<div style="FONT-SIZE: 10pt; COLOR: #000080">legal and accounting advisory and professional services during 2016 of Ps.833.6 million;</div>
</td>
</tr>
</table>
</div>

<div style="MARGIN-BOTTOM: 12pt; TEXT-ALIGN: justify">
<table id="zdda2aa02af394458a19554488d4758e8" class="DSPFListTable" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 36pt; VERTICAL-ALIGN: top; COLOR: #000080; align: right">(ii)</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: auto; VERTICAL-ALIGN: top; TEXT-ALIGN: justify">
<div style="FONT-SIZE: 10pt; COLOR: #000080">a non-cash loss of approximately Ps.551.5 million on disposition of property, plant and equipment as part of the network upgrades in our Cable segment operations;</div>
</td>
</tr>
</table>
</div>

<div style="MARGIN-BOTTOM: 12pt; TEXT-ALIGN: justify">
<table id="z366703103c27478aa6f962834117c62b" class="DSPFListTable" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 36pt; VERTICAL-ALIGN: top; COLOR: #000080; align: right">(iii)</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: auto; VERTICAL-ALIGN: top; TEXT-ALIGN: justify">
<div style="FONT-SIZE: 10pt; COLOR: #000080">a non-recurring severance expense in 2016 of Ps.912.2 million in connection with dismissals of personnel in our Content, Cable and Other Businesses segments, as part of a cost reduction plan; and</div>
</td>
</tr>
</table>
</div>

<div style="MARGIN-BOTTOM: 12pt; TEXT-ALIGN: justify">
<table id="zf4dc8538b28742979bcfec883b865f5c" class="DSPFListTable" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 36pt; VERTICAL-ALIGN: top; COLOR: #000080; align: right">(iv)</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: auto; VERTICAL-ALIGN: top; TEXT-ALIGN: justify">
<div style="FONT-SIZE: 10pt; COLOR: #000080">non-recurring costs of approximately Ps.259.3 million incurred in connection with the cancellation of a contract for a new satellite in our Sky segment.</div>
</td>
</tr>
</table>
</div>

<div style="MARGIN-BOTTOM: 12pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">In addition, the increase in Other expense, net, reflected the absence of a non-recurring cash income of Ps.1,038.3 million (US$67.6 million) as a result of the early termination of a technical assistance agreement with Univision in the first quarter of 2015.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 14pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: left">Non-operating Results</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: left">Finance Expense, Net</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">The following table sets forth the finance (expense) income, net, stated in millions of Mexican pesos for the years ended December 31, 2016 and 2015.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">&#160;</div>

<table id="zb1320b75d45c46b0b29ee0a783a1ac40" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0" border="0">
<tr>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">&#160;</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 14.87%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">2016</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 14.87%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">2015</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 15%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">(Increase) decrease</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Interest expense</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 14.87%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(8,497.9)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 14.87%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(6,239.4)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(2,258.5)</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Interest income</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 14.87%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">1,499.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 14.87%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">1,027.8</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">471.7</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Foreign exchange loss, net</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 14.87%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(2,490.3)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 14.87%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(2,426.0)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(64.3)</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Other finance (expense) income, net</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 14.87%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(43.4)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 14.87%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">7,514.7</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(7,558.1)</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: justify">Finance expense, net</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 14.87%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">(9,532.1)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 14.87%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">(122.9)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">(9,409.2)</div>
</td>
</tr>
</table>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Finance expense, net, increased by Ps.9,409.2 million to Ps.9,532.1 million in 2016 from Ps.122.9 million in 2015. This increase reflected primarily:</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="MARGIN-BOTTOM: 12pt; TEXT-ALIGN: justify">
<table id="z8e2aa6f170174f998ad499efdf2b0825" class="DSPFListTable" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 36pt; VERTICAL-ALIGN: top; COLOR: #000080; align: right">(i)</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: auto; VERTICAL-ALIGN: top; TEXT-ALIGN: justify">
<div style="FONT-SIZE: 10pt; COLOR: #000080">an unfavorable change of Ps.7,558.1 million decrease in other finance income or expense, net, resulting&#160; primarily from the absence of other finance income recognized by us in July 2015 in connection with our exchange of Convertible Debentures issued by UHI, the controlling company of Univision, for Warrants that are exercisable for UHI&#8217;s common stock, which included a cash amount of Ps.2,195 million (US$135.1 million) received from UHI for such exchange, and a Ps.4,718.2 million reclassification from accumulated other comprehensive income in consolidated equity in connection with a cumulative non-cash gain related to changes in fair value of such debentures;</div>
</td>
</tr>
</table>
</div>

<div style="MARGIN-BOTTOM: 12pt; TEXT-ALIGN: justify">
<table id="zb8c35781752d4cd9b433afe554ece197" class="DSPFListTable" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 36pt; VERTICAL-ALIGN: top; COLOR: #000080; align: right">(ii)</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: auto; VERTICAL-ALIGN: top; TEXT-ALIGN: justify">
<div style="FONT-SIZE: 10pt; COLOR: #000080">a Ps.2,258.5 million increase in interest expense, due primarily to a higher average principal amount of debt, finance lease obligations and other notes payable in 2016 and the impact of the depreciation of the Mexican peso against the U.S. dollar on such interest expense; and</div>
</td>
</tr>
</table>
</div>

<div style="MARGIN-BOTTOM: 12pt; TEXT-ALIGN: justify">
<table id="zacb33e20a19945acafc702aee6c2c023" class="DSPFListTable" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 36pt; VERTICAL-ALIGN: top; COLOR: #000080; align: right">(iii)</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: auto; VERTICAL-ALIGN: top; TEXT-ALIGN: justify">
<div style="FONT-SIZE: 10pt; COLOR: #000080">a Ps.64.3 million increase in foreign exchange loss, net, resulting primarily from the depreciation of the Mexican peso against the U.S. dollar on a higher average net U.S. dollar liability position in 2016, which was partially offset by a favorable hedge effect resulting from our higher U.S. dollar investment in UHI in 2016.</div>
</td>
</tr>
</table>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">These unfavorable variances were partially offset by a Ps.471.7 million increase in interest income explained primarily by a higher average amount of cash equivalents and temporary investments in 2016.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: justify">Share of Income of Associates and Joint Ventures, Net</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Share of income of associates and joint ventures, net, increased by Ps.1,104.2 million to Ps.1,139.6 million in 2016 from Ps.35.4 million in 2015. This increase reflected mainly a favorable change in our share of income or loss of UHI, the controlling company of Univision, as well as a higher share of income of Imagina Media Audiovisual, S.L., a communications company in Spain, which investment we began to recognize as an associate in third-quarter 2015.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: justify">Income Taxes</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Income taxes decreased by Ps.3,460.0 million to Ps.2,872.2&#160; million in 2016 compared with Ps.6,332.2 million in 2015. This decrease reflected primarily a lower tax base, which was partially offset by a higher effective income tax rate.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: justify">Net Income Attributable to Non-controlling Interests</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">Net income attributable to non-controlling interests increased by Ps.185.7 million, or 13%, to Ps.1,612.0 million in 2016, compared with Ps.1,426.3 million in 2015. This increase reflected primarily a higher portion of net income attributable to non-controlling interests in our Sky and Cable segments, which was partially offset by the acquisition of a non-controlling interest in Televisi&#243;n Internacional, S.A. de C.V. (&#8220;TVI&#8221;), a company in our Cable segment, in first-quarter 2016.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 14pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: justify">Other Relevant Information</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: justify">Capital Expenditures</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">During 2016, we invested approximately US$1,490.9 million in property, plant and equipment as capital expenditures. These capital expenditures included approximately US$984.2 million for our Cable segment, US$346.6 million for our Sky segment, and US$160.1 million for our Content and Other Businesses segments.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">During 2017, capital expenditures are expected to reach approximately US$1 billion, including approximately US$550 million for our Cable segment, US$300 million for our Sky segment, and US$150 million for our Content and Other Businesses segments.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">The reduction in capital expenditures in our Cable segment with respect to 2016 is of approximately US$450 million and results primarily from the conclusion of the main rebuilding phase in our cable systems, and to a lesser extent, the postponement of the rebuilding of the network in certain smaller markets as a result of the depreciation of the peso.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: justify">Debt, Finance Lease Obligations and Other Notes Payable</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">The following table sets forth our total debt, finance lease obligations and other notes payable as of December 31, 2016 and 2015. Amounts are stated in millions of Mexican pesos.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">&#160;</div>

<table id="z92a67ffbff6f4bb3b994fc1c788c3c6b" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0" border="0">
<tr>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">&#160;</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 15%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Dec 31, 2016</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 15%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Dec 31, 2015</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 15%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Increase (decrease)</div>
</td>
</tr>

<tr>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: left">Current portion of long-term debt</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">850.9</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">2,979.8</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(2,128.9)</div>
</td>
</tr>

<tr>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: left">Long-term debt, net of current portion</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">126,146.7</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">107,430.8</div>
</td>
<td style="WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: right">18,715.9</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>
</td>
</tr>

<tr>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Total debt <sup style="vertical-align: text-top; line-height: 1; font-size: smaller">1</sup></div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">126,997.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">110,410.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">16,587.0</div>
</td>
</tr>

<tr>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: left">Current portion of finance lease obligations</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>
</td>
<td style="WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: right">575.6</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>
</td>
<td style="WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: right">511.6</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">64.0</div>
</td>
</tr>

<tr>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: left">Long-term finance lease obligations</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">5,816.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">5,293.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">522.6</div>
</td>
</tr>

<tr>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: justify">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Total finance lease obligations</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">6,391.8</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">5,805.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">586.6</div>
</td>
</tr>

<tr>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: left">Current portion of other notes payable</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>
</td>
<td style="WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: right">1,202.3</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">-</div>
</td>
<td style="WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: right">1,202.3</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>
</td>
</tr>

<tr>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: left">Other notes payable, net of current portion</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">3,650.7</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">-</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">3,650.7</div>
</td>
</tr>

<tr>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 55%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Total other notes payable </font><sup style="vertical-align: text-top; line-height: 1; font-size: smaller">2</sup></div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">4,853.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">-</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 15%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">4,853.0</div>
</td>
</tr>
</table>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller">1</sup> As of December 31, 2016 and 2015, total debt is presented net of finance costs in the amount of Ps.1,290.6 million and Ps.1,387.9 million, respectively, and does not include related accrued interest payable in the amount of Ps.1,827.3 million and Ps.1,184.2 million, respectively.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller">2</sup> In connection with the acquisition of a non-controlling interest in TVI, our Cable segment subsidiary.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">As of December 31, 2016, our consolidated net debt position (total debt, finance leases and other notes payable, less cash and cash equivalents, temporary investments, and non-current held-to-maturity and available-for-sale investments) was Ps.78,405.9 million. The aggregate amount of non-current held-to-maturity and available-for-sale investments as of December 31, 2016, amounted to Ps.6,792.2 million.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: justify">Shares Outstanding</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">As of December 31, 2016 and 2015, our shares outstanding amounted to 341,268.3 million shares and 338,468.4 million shares, respectively, and our CPO equivalents outstanding amounted to 2,916.8 million and 2,892.9 million CPO equivalents, respectively. Not all of our shares are in the form of CPOs. The number of CPO equivalents is calculated by dividing the number of shares outstanding by 117.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">As of December 31, 2016 and 2015, the GDS (Global Depositary Shares) equivalents outstanding amounted to 583.3 million and 578.6 million GDS equivalents, respectively. The number of GDS equivalents is calculated by dividing the number of CPO equivalents by five.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify">&#160;</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: justify">About Televisa</div>

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</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; FONT-STYLE: italic; TEXT-ALIGN: justify">Televisa is a leading media company in the Spanish-speaking world, an important cable operator in Mexico and an operator of a leading direct-to-home satellite pay television system in Mexico. Televisa distributes the content it produces through several broadcast channels in Mexico and in over 50 countries through 26 pay-tv brands, and television networks, cable operators and over-the-top or &#8220;OTT&#8221; services. In the United States, Televisa's audiovisual content is distributed through Univision Communications Inc. ("Univision") the leading media company serving the Hispanic market. Univision broadcasts Televisa's audiovisual content through multiple platforms in exchange for a royalty payment. In addition, Televisa has equity and warrants which upon their exercise would represent approximately 36% on a fully-diluted, as-converted basis of the equity capital in Univision Holdings, Inc., the controlling company of Univision. Televisa&#8217;s cable business offers integrated services, including video, high-speed data and voice services to residential and commercial customers as well as managed services to domestic and international carriers through five cable Multiple System Operators in Mexico. Televisa owns a majority interest in Sky, a leading direct-to-home satellite pay television system in Mexico, operating also in the Dominican Republic and Central America. Televisa also has interests in magazine publishing and distribution, radio production and broadcasting, professional sports and live entertainment, feature-film production and distribution, and gaming.</div>

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</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: justify">Disclaimer</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; FONT-STYLE: italic; TEXT-ALIGN: justify">This press release contains forward-looking statements regarding the Company&#8217;s results and prospects. Actual results could differ materially from these statements. The forward-looking statements in this press release should be read in conjunction with the factors described in &#8220;Item 3. Key Information &#8211; Forward-Looking Statements&#8221; in the Company&#8217;s Annual Report on Form 20-F, which, among others, could cause actual results to differ materially from those contained in forward-looking statements made in this press release and in oral statements made by authorized officers of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.</div>

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</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; FONT-STYLE: italic; TEXT-ALIGN: center">(Please see attached tables for financial information data)</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; FONT-STYLE: italic; TEXT-ALIGN: center">###</div>

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 &#160;</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: left">Investor Relations:</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #7f7f7f; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Carlos Madrazo / </font>Tel: (52 55) 5261 2445<font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font>/<font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font>cmadrazov@televisa.com.mx</div>

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</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: left">Media Relations:</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #7f7f7f">Alejandro Olmos </font><font style="FONT-SIZE: 10pt; COLOR: #7f7f7f">/ Tel: (52 55) 4438 1205 / </font><font style="FONT-SIZE: 10pt; COLOR: #808080">aolmosc@televisa.com.mx</font></div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #7e7e7e; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold">Mar&#237;a Eugenia Zurita </font>/ Tel: (52 55) 52 24 63 60 / mezurita@televisa.com.mx</div>

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</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #7f7f7f; TEXT-ALIGN: left">www.televisair.com</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: center">GRUPO TELEVISA, S.A.B.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: center">CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: center">AS OF DECEMBER 31, 2016 AND 2015</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: center">(Millions of Mexican Pesos)</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>

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 &#160;</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">
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<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600">ASSETS</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px" valign="bottom">&#160;</td>
<td style="VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366; TEXT-ALIGN: center">December 31,</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366; TEXT-ALIGN: center">2016</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: center">(Unaudited)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px" valign="bottom">&#160;</td>
<td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366; TEXT-ALIGN: center">December 31,</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366; TEXT-ALIGN: center">2015</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366; TEXT-ALIGN: center">(Audited)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: top" valign="bottom" colspan="2">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: top" valign="bottom" colspan="2">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Current assets:</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: top" valign="bottom" colspan="2">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: top" valign="bottom" colspan="2">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Cash and cash equivalents</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">47,546.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">49,397.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Temporary investments</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">5,498.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">5,330.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Trade notes and accounts receivable, net</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">24,906.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">21,702.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Other accounts and notes receivable, net</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">5,981.9</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">4,296.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Due from related parties</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">905.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">98.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Transmission rights and programming</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">6,533.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">5,389.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Inventories</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,899.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,628.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Other current assets</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">2,698.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">2,096.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 36pt">Total current assets</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">95,968.7</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">89,938.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Non-current assets:</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Derivative financial instruments</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">647.8</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">-</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Transmission rights and programming</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">7,975.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">9,139.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Investments in financial instruments</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">42,868.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">41,081.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Investments in associates and joint ventures</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">12,092.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">9,271.9</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Property, plant and equipment, net</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">86,783.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">76,089.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Intangible assets, net</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">37,624.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">38,106.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Deferred income tax assets</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">22,729.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">17,665.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Other assets</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">192.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">182.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 36pt">Total non-current assets</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">210,914.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">191,535.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 4px" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 36pt">Total assets</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 4px; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">306,883.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 4px; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 4px; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">281,473.7</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 4px; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 76%; VERTICAL-ALIGN: top" valign="bottom">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right" valign="bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
 &#160;</div>

<div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
<div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
<hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade">
</div>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: center">GRUPO TELEVISA, S.A.B.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: center">CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: center">AS OF DECEMBER 31, 2016 AND 2015</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: center">(Millions of Mexican Pesos)</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<table id="z1d4a3626c9f04a51af766e703c167e66" style="FONT-SIZE: 10pt; BORDER-TOP: medium none; FONT-FAMILY: 'Times New Roman', Times, serif; BORDER-RIGHT: medium none; WIDTH: 100%; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" cellspacing="0" cellpadding="0" border="0">
<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">December 31,</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">December 31,</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">2016</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">2015</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 2px; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: center">LIABILITIES</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 2px; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">(Unaudited)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 2px; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 2px; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">(Audited)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 2px; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom" colspan="2">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom" colspan="2">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366; TEXT-ALIGN: left">Current liabilities:</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom" colspan="2">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom" colspan="2">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; PADDING-LEFT: 2%; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Current portion of long-term debt and interest payable</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">2,678.2</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">4,164.0</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr style="HEIGHT: 17px">
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; PADDING-LEFT: 2%; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Current portion of finance lease obligations</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">575.6</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">511.6</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; PADDING-LEFT: 2%; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Current portion of other notes payable</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,202.3</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">-</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; PADDING-LEFT: 2%; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Derivative financial instruments</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">-</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; PADDING-LEFT: 2%; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Trade accounts payable and accrued expenses</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">22,878.1</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">17,361.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr style="HEIGHT: 18px">
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; PADDING-LEFT: 2%; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Customer deposits and advances</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">21,709.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">20,470.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; PADDING-LEFT: 2%; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Income taxes payable</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">2,012.5</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">1,632.8</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; PADDING-LEFT: 2%; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Other taxes payable</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,479.1</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,246.0</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; PADDING-LEFT: 2%; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Employee benefits</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,078.7</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,034.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; PADDING-LEFT: 2%; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Due to related parties</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,088.2</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">443.0</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Other current liabilities</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">2,723.9</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">2,112.8</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 36pt">Total current liabilities</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">57,426.0</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">48,978.0</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Non-current liabilities:</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Long-term debt, net of current portion</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">126,146.7</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">107,430.8</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Finance lease obligations, net of current portion</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">5,816.2</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">5,293.6</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Other notes payable, net of current portion</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">3,650.7</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">-</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Derivative financial instruments</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">5.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">225.7</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr style="HEIGHT: 14px">
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Customer deposits and advances</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">-</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">514.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Income taxes payable</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">6,386.9</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">6,338.1</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Deferred income tax liabilities</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">9,668.7</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">10,000.0</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Post-employment benefits</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">520.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">407.2</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Other long-term liabilities</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">2,468.1</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">2,764.1</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 36pt">Total non-current liabilities</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">154,663.3</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">132,974.0</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 36pt">Total liabilities</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">212,089.3</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">181,952.0</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr style="HEIGHT: 19px">
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;EQUITY</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Capital stock</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">4,978.1</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">4,978.1</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Additional paid-in-capital</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">15,889.8</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">15,889.8</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">20,867.9</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">20,867.9</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Retained earnings:</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Legal reserve</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">2,139.0</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">2,139.0</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Unappropriated earnings</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">64,653.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">60,101.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Net income for the period</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">3,721.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">10,899.1</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">70,513.9</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">73,139.6</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Accumulated other comprehensive income, net</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">2,374.1</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">5,257.6</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Shares repurchased</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">(11,551.7</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-SIZE: 10pt; COLOR: #003366">)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">(11,882.2</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-SIZE: 10pt; COLOR: #003366">)</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">61,336.3</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">66,515.0</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; PADDING-LEFT: 2%; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">&#160;&#160;&#160;&#160;&#160;&#160;Equity attributable to stockholders of the Company</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">82,204.2</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">87,382.9</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; TEXT-INDENT: 4.1pt">Non-controlling interests</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">12,589.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">12,138.8</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">&#160;&#160;&#160;&#160;&#160;&#160;Total equity</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">94,793.7</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">99,521.7</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 76%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">&#160;&#160;&#160;&#160;&#160;&#160;Total liabilities and equity</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">306,883.0</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">281,473.7</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>

<div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
<div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
<hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade">
</div>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'">&#160;</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: center">GRUPO TELEVISA, S.A.B.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: center">CONDENSED CONSOLIDATED STATEMENTS OF INCOME FOR THE THREE AND</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: center">TWELVE MONTHS ENDED DECEMBER 31, 2016 AND 2015</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: center">(Millions of Mexican Pesos)</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<table id="z4e994e3d915842019583d9e27552b3f7" style="FONT-SIZE: 10pt; BORDER-TOP: medium none; FONT-FAMILY: 'Times New Roman', Times, serif; BORDER-RIGHT: medium none; WIDTH: 100%; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" cellspacing="0" cellpadding="0" border="0">
<tr style="HEIGHT: 19px">
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 345px; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="6">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">Three months ended December 31,</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="6">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">Twelve months ended December 31,</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 156px; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">2016</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">2015</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">2016</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">2015</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; PADDING-BOTTOM: 2px; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; PADDING-BOTTOM: 2px; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 156px; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">(Unaudited)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; PADDING-BOTTOM: 2px; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; PADDING-BOTTOM: 2px; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">(Unaudited)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; PADDING-BOTTOM: 2px; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; PADDING-BOTTOM: 2px; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">(Unaudited)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; PADDING-BOTTOM: 2px; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; PADDING-BOTTOM: 2px; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="2">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: center">(Audited)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; PADDING-BOTTOM: 2px; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 156px; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="2">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="2">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="2">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom" colspan="2">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Net sales</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">27,300.7</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">24,951.1</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">96,287.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">88,051.8</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Cost of sales</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">14,844.7</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">13,329.8</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">52,377.8</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">47,226.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Selling expenses</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">3,107.6</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">2,897.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">10,900.7</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">9,716.2</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Administrative expenses</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">3,505.9</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">3,258.2</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">13,273.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">12,035.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; PADDING-LEFT: 3%; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Income before other expense</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">5,842.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">5,465.7</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">19,735.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">19,073.6</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Other expense, net</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">(1,121.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-SIZE: 10pt; COLOR: #003366">)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">(363.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-SIZE: 10pt; COLOR: #003366">)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">(3,137.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-SIZE: 10pt; COLOR: #003366">)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">(328.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-SIZE: 10pt; COLOR: #003366">)</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Operating income</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">4,721.0</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">5,102.3</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">16,598.1</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">18,745.1</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Finance expense</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">(3,441.9</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">(2,208.7</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-SIZE: 10pt; COLOR: #003366">)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">(11,031.6</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-SIZE: 10pt; COLOR: #003366">)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">(8,665.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-SIZE: 10pt; COLOR: #003366">)</div>
</td>
</tr>

<tr style="HEIGHT: 13px">
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Finance income</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">324.8</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">261.6</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,499.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">8,542.5</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: justify">&#160;&#160;&#160;&#160;&#160;&#160;Finance expense, net</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">(3,117.1</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-SIZE: 10pt; COLOR: #003366">)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">(1,947.1</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-SIZE: 10pt; COLOR: #003366">)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">(9,532.1</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-SIZE: 10pt; COLOR: #003366">)</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">(122.9</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-SIZE: 10pt; COLOR: #003366">)</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Share of income of associates and joint ventures, net</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">226.5</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">303.7</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,139.6</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">35.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; PADDING-LEFT: 3%; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Income before income taxes</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,830.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">3,458.9</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #003366">8,205.6</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">18,657.6</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Income taxes</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">624.6</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,471.7</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">2,872.2</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">6,332.2</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Net income</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,205.8</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,987.2</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">5,333.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">12,325.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Net income attributable to:</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">&#160;&#160;&#160;Stockholders of the Company</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">643.0</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,571.2</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">3,721.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">10,899.1</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: justify">&#160;&#160;&#160;Non-controlling interests</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">562.8</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">416.0</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,612.0</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,426.3</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left; MARGIN-LEFT: 18pt">Net income</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,205.8</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1,987.2</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">5,333.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">12,325.4</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 52%; VERTICAL-ALIGN: middle; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366; TEXT-ALIGN: left">Basic earnings per CPO attributable to stockholders of the Company</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1.14%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">0.21</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">0.54</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">1.28</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; BORDER-LEFT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">Ps.</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; FONT-WEIGHT: normal; TEXT-ALIGN: right; BORDER-LEFT: medium none" valign="bottom">
<div style="FONT-SIZE: 10pt; COLOR: #003366">3.77</div>
</td>
<td style="BORDER-TOP: medium none; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: medium none; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; FONT-WEIGHT: normal; TEXT-ALIGN: left; BORDER-LEFT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
<div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
<hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade">
</div>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 14pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; TEXT-ALIGN: left">Fourth Quarter Results by Business Segment</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: left">The following table presents fourth quarter consolidated results ended December 31, 2016 and 2015, for each of our business segments. Fourth Quarter consolidated results for 2016 and 2015 are presented in millions of Mexican pesos.</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<table id="z2530b6022e834d019cef6ce444163cb0" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0" border="0">
<tr>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: left">Net Sales</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">4Q 2016</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">%</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">4Q 2015</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">&#160;%</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 9.95%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Change %</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Content</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">11,690.9</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">41.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">10,763.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">42.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">8.6</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Sky</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">5,505.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">19.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">5,012.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">19.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">9.8</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Cable</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">8,313.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">29.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">7,569.9</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">29.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">9.8</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Other Businesses</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">2,783.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">9.8</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">2,300.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">9.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">21.0</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: justify">Segment Net Sales</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">28,292.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">100.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">25,646.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">100.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">10.3</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Intersegment Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller">1</sup></div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(991.6)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #767171; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(695.2)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(42.6)</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: justify">Net Sales</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">27,300.6</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #767171; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">24,951.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">&#160;</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">9.4</div>
</td>
</tr>
</table>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<table id="z2aff1fdc929c4ea68849d32ba8384a2b" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: left">Operating Segment Income<sup style="vertical-align: text-top; line-height: 1; font-size: smaller">2</sup></div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">4Q 2016</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 9.95%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Margin &#160;%</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">4Q 2015</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 9.95%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Margin %</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 9.95%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; FONT-WEIGHT: bold; COLOR: #ff6600; FONT-STYLE: italic; TEXT-ALIGN: right">Change %</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Content</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">4,767.8</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">40.8</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">4,555.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">42.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">4.7</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Sky</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">2,423.8</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">44.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">2,217.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">44.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">9.3</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Cable</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">3,346.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">40.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">3,010.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">39.8</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">11.2</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Other Businesses</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">368.1</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">13.2</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">144.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">6.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">154.7</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: justify">Operating Segment Income</div>
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<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">10,905.9</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">38.5</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">9,926.7</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">38.7</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">9.9</div>
</td>
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<tr>
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<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Corporate Expenses</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(593.9)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(2.1)</div>
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<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(539.9)</div>
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<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(2.1)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(10.0)</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Depreciation and Amortization</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(4,469.5)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(16.4)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(3,921.1)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(15.7)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(14.0)</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: justify">Other Expense, net</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(1,121.5)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(4.1)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(363.4)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(1.5)</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom">
<div style="FONT-SIZE: 10pt; COLOR: #000080; TEXT-ALIGN: right">(208.6)</div>
</td>
</tr>

<tr>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; BORDER-RIGHT: #000000 2px solid; WIDTH: 50%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: justify">Operating Income</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">4,721.0</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">17.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 10%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">5,102.3</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">20.4</div>
</td>
<td style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; WIDTH: 9.95%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid">
<div style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; COLOR: #000080; TEXT-ALIGN: right">(7.5)</div>
</td>
</tr>
</table>

<div style="FONT-FAMILY: Tahoma, Geneva, 'sans-serif'"><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: justify"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller">1 </sup>For segment reporting purposes, intersegment operations are included in each of the segment operations.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma, Geneva, 'sans-serif'; COLOR: #000080; TEXT-ALIGN: left"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller">2</sup> Operating segment income is defined as operating income before depreciation and amortization, corporate expenses, and other expense, net.</div>
</div>

<div>&#160;</div>

<div>&#160;</div>

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<div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
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</div>
</div>

<div>&#160;</div>

<div>SIGNATURE</div>
</div>

<div style="TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 10.25pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; COLOR: #000000; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<table id="857be3f21cf4405880a555b06ee0591c" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 51%" valign="top" align="left">&#160;</td>
<td style="WIDTH: 49%; BORDER-BOTTOM: black 2px solid" valign="top" colspan="3" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #000000; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">GRUPO TELEVISA, S.A.B.</div>
</td>
</tr>

<tr>
<td style="WIDTH: 51%" valign="top" align="left">&#160;</td>
<td style="WIDTH: 49%" valign="top" colspan="3">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #000000; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(Registrant)</div>
</td>
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<tr>
<td style="WIDTH: 51%" valign="top" align="left">&#160;</td>
<td style="WIDTH: 3%" valign="top" align="left">&#160;</td>
<td style="WIDTH: 46%" valign="top" colspan="2" align="left">&#160;</td>
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<tr>
<td style="WIDTH: 51%" valign="top" align="left">&#160;</td>
<td style="WIDTH: 3%" valign="top" align="left">&#160;</td>
<td style="WIDTH: 46%" valign="top" colspan="2" align="left">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 51%" valign="top" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #000000; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Dated: February 23, 2017</div>
</td>
<td style="WIDTH: 3%" valign="top" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #000000; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">By:</div>
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<td style="WIDTH: 46%; BORDER-BOTTOM: black 2px solid" valign="top" colspan="2" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #000000; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">/s/ <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Joaqu&#237;n Balc&#225;rcel Santa Cruz</font></div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #000000; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Joaqu&#237;n Balc&#225;rcel Santa Cruz</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; COLOR: #000000; DISPLAY: inline">General Counsel</div>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
