<SEC-DOCUMENT>0000895345-19-000260.txt : 20190711
<SEC-HEADER>0000895345-19-000260.hdr.sgml : 20190711
<ACCEPTANCE-DATETIME>20190710195150
ACCESSION NUMBER:		0000895345-19-000260
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20190708
FILED AS OF DATE:		20190711
DATE AS OF CHANGE:		20190710

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:		19950232

	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>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>jw6k2qfinanshort_grupo.htm
<TEXT>
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  <div style="text-align: center; margin-top: 4pt;"><font style="font-size: 18pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">UNITED STATES</font></div>
  <div style="text-align: center;"><font style="font-size: 18pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Washington, D.C. 20549</font></div>
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  <div style="text-align: center; margin-top: 12pt; margin-bottom: 10pt;"><font style="font-size: 18pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">FORM 6-K</font></div>
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    <div style="text-align: center; margin-bottom: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;</font></div>
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  <div style="text-align: center; margin-top: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">REPORT OF FOREIGN ISSUER</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">PURSUANT TO RULES 13a-16 OR 15d-16</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">UNDER THE SECURITIES EXCHANGE ACT OF 1934</font></div>
  <div style="text-align: center; margin-top: 12pt; margin-bottom: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">For the month of July, 2019</font></div>
  <div style="text-align: center; margin-top: 12pt; margin-bottom: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"> <br>
    </font></div>
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        Roman&quot;,Times,serif;">&#160;</font></div>
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  <div style="text-align: center; margin-top: 12pt;"><font style="font-family: 'Times New Roman', serif; font-size: 24pt; font-weight: bold;">GRUPO TELEVISA, S.A.B.</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(Translation of registrant&#8217;s name into English)</font></div>
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  <div style="text-align: center; margin-top: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Av. Vasco de Quiroga No. 2000, Colonia Sante Fe 01210 Mexico City, Mexico</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(Address of principal executive offices)</font></div>
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  <div style="text-align: left; margin-top: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.)</font></div>
  <div style="text-align: center; margin-top: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Form 20-F <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9746;</font> Form 40-F &#61608;&#160;</font></div>
  <div style="text-align: left; margin-top: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Indicate by check mark whether the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule
      101(b)(1).)</font></div>
  <div style="text-align: center; margin-top: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Yes &#61608; No <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9746;</font>&#160;</font></div>
  <div style="text-align: left; margin-top: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7).)</font></div>
  <div style="text-align: center; margin-top: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Yes &#61608; No <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9746;</font>&#160;&#160;</font></div>
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            <div style="text-align: left;"><img width="87" height="71" src="image0.jpg"></div>
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            <div>
              <div style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 14pt;">Investor Relations</div>
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            <div style="text-align: right;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">PRESS RELEASE</font></div>
            <div>&#160;</div>
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  <div style="text-align: center;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Televisa Reports Second Quarter 2019 Results</font></div>
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  <div style="text-align: justify; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Consolidated</font></div>
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    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 6pt; width: 100%;" class="DSPFListTable" id="z889da750e1714cc0925bdfbff9fd23d1">

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          <td style="width: 36pt; vertical-align: top; text-align: center;"><font style="font-family: Times New Roman">&#9679;</font></td>
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            <div style="text-align: justify; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Consolidated Sales and Consolidated Operating Segment Income, excluding the non-recurring licensing of certain
                rights of the World Cup in Latin America in 2018, dropped 2.7% and 0.1%, respectively.</font></div>
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  <div style="text-align: justify; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Cable</font></div>
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            <div style="text-align: left; margin-left: 18pt; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: Symbol, serif;"><font style="font-family: Times New Roman">&#9679;</font></font></div>
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          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Continued its double-digit pace of growth in Sales and in Operating Segment Income of 15.7% and 20.1%,
                respectively, reaching a record margin of 43.8%.</font></div>
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            <div style="text-align: left; margin-left: 18pt; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: Symbol, serif;"><font style="font-family: Times New Roman">&#9679;</font></font></div>
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            <div style="text-align: justify; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Reached a total of 12.4 million Revenue Generating Units (&#8220;RGUs&#8221;), after the addition of 286 thousand RGUs in all
                three services during the quarter.</font></div>
          </td>
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  <div style="text-align: justify; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Sky</font></div>
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            <div style="text-align: left; margin-left: 18pt; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: Symbol, serif;"><font style="font-family: Times New Roman">&#9679;</font></font></div>
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            <div style="text-align: justify; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Sky resumed growth in video RGUs, gaining seven thousand during the quarter.</font></div>
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            <div style="text-align: left; margin-left: 18pt; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: Symbol, serif;"><font style="font-family: Times New Roman">&#9679;</font></font></div>
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            <div style="text-align: justify; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Broadband RGUs reached 238 thousand after the addition of 73 thousand during the quarter.</font></div>
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            <div style="text-align: left; margin-left: 18pt; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: Symbol, serif;"><font style="font-family: Times New Roman">&#9679;</font></font></div>
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            <div style="text-align: justify; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Revenue and Operating Segment Income were negatively impacted by the difficult year-over-year comparison given
                Sky benefited from the transmission of all 64 matches of the World Cup.</font></div>
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  <div style="text-align: justify; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Content</font></div>
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            <div style="text-align: left; margin-left: 18pt; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: Symbol, serif;"><font style="font-family: Times New Roman">&#9679;</font></font></div>
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            <div style="text-align: justify; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Ongoing leadership with our content offer airing the top 10 programs in Mexican Television.</font></div>
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            <div style="text-align: left; margin-left: 18pt; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: Symbol, serif;"><font style="font-family: Times New Roman">&#9679;</font></font></div>
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          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify; margin-bottom: 6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Content results were impacted primarily by a difficult comparisson to last year as a result of the 2018 World
                Cup, by lower government advertising revenue, and by a decline of approximately 5% in private sector core advertising revenue.</font></div>
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  <div style="background-color: #FFFFFF;">
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Earnings Call Date and Time: Tuesday, July 9, 2019, at 11:30 A.M. ET.</font></div>
    <div><br>
    </div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Conference ID # is 1681177</font></div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">From the U.S.: +1 (877) 850 2115</font></div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">From Mexico: 01 800 926 9157</font></div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">International callers: +1 (478) 219 0648</font></div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Rebroadcast: +1 (404) 537-3406</font></div>
    <div><br>
    </div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The teleconference will be rebroadcast starting at 14:30 ET</font></div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">on July 9 and will end at midnight on July 23.</font></div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"> <br>
      </font></div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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  <div style="text-align: center;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Consolidated Results</font></div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Mexico City, July 8, 2019</font> &#8212; Grupo
      Televisa, S.A.B. (NYSE:TV; BMV: TLEVISA CPO; &#8220;Televisa&#8221; or &#8220;the Company&#8221;), today announced results for second-quarter 2019. The results have been prepared in accordance with International Financial Reporting Standards (&#8220;IFRS&#8221;).</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Last year, during second quarter, Content sales and operating segment income benefited by Ps.1,723.5 million and by Ps.817.2 million,
      respectively, from the non-recurring licensing of certain broadcast and digital rights of the World Cup in Latin America in 2018 (the &#8220;non-recurring licensing revenue&#8221;).</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The following table sets forth consolidated Net Sales and Operating Segment Income for the quarters ended June 30, 2019 and 2018, in millions
      of Mexican pesos excluding the non-recurring licensing revenue:</font></div>
  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z67af8a68c8b94d9d8ac767f6b3f12a0e">

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          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Excluding non-recurring licensing revenue for 2Q&#8217;18</font></div>
        </td>
        <td rowspan="2" style="width: 8.86%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;19</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Margin</font></div>
        </td>
        <td rowspan="2" style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;18</font></div>
        </td>
        <td style="width: 9.26%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Margin</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Change</font></div>
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      <tr>
        <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">%</font></div>
        </td>
        <td style="width: 9.26%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">%</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">%</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 48.54%; vertical-align: middle;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net sales</font></div>
        </td>
        <td style="width: 8.86%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,307.6</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">100.0</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,978.3</font></div>
        </td>
        <td style="width: 9.26%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">100.0</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2.7)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 48.54%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Operating segment income<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></font></div>
        </td>
        <td style="width: 8.86%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,928.1</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38.8</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,935.6</font></div>
        </td>
        <td style="width: 9.26%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38.1</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(0.1)</font></div>
        </td>
      </tr>

  </table>
  <div style="text-align: justify; margin-bottom: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><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.</font></div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net sales, excluding non-recurring licensing revenue, decreased by 2.7% to Ps.24,307.6 million in second-quarter 2019 compared with Ps.24,978.3
      million in second-quarter 2018. This decrease was attributable to revenue decline in the Content, Sky and Other Businesses segments. Operating segment income remain relatively flat, reaching Ps.9,928.1 million with a margin of 38.8%.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The following table sets forth condensed consolidated statements of income for the quarters ended June 30, 2019 and 2018, in millions of
      Mexican pesos. The table includes the abovementioned non-recurring licensing revenue and the results presented are not comparable year-over-year:</font></div>
  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z6da7965880fc4a85a12f346541566a26">

      <tr>
        <td rowspan="2" style="width: 48.54%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">&#160;</font></div>
        </td>
        <td rowspan="2" style="width: 8.86%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;19</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Margin</font></div>
        </td>
        <td rowspan="2" style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;18</font></div>
        </td>
        <td style="width: 9.26%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Margin</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Change</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">%</font></div>
        </td>
        <td style="width: 9.26%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">%</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">%</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 48.54%; vertical-align: middle;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net sales</font></div>
        </td>
        <td style="width: 8.86%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,307.6</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">100.0</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">26,701.8</font></div>
        </td>
        <td style="width: 9.26%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">100.0</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(9.0)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 48.54%; vertical-align: middle;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net income</font></div>
        </td>
        <td style="width: 8.86%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,263.4</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5.2</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,760.8</font></div>
        </td>
        <td style="width: 9.26%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">17.8</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(73.5)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 48.54%; vertical-align: middle;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net income attributable to stockholders of the Company</font></div>
        </td>
        <td style="width: 8.86%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">919.1</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3.8</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,297.4</font></div>
        </td>
        <td style="width: 9.26%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">16.1</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(78.6)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 48.54%; vertical-align: middle;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Segment net sales</font></div>
        </td>
        <td style="width: 8.86%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,560.3</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">100.0</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">27,768.5</font></div>
        </td>
        <td style="width: 9.26%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">100.0</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(8.0)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 48.54%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Operating segment income <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></font></div>
        </td>
        <td style="width: 8.86%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,928.1</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38.8</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">10,752.8</font></div>
        </td>
        <td style="width: 9.26%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38.7</font></div>
        </td>
        <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(7.7)</font></div>
        </td>
      </tr>

  </table>
  <div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z597c66e5b78f42e99115dd5af4e6dbd3">

        <tr>
          <td style="width: 14.2pt; vertical-align: top; background-color: rgb(255, 255, 255); font-weight: normal; color: rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-style: normal; font-variant: normal;
            text-transform: none;">
            <div style="text-align: left;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">&#160;&#160; The operating segment income margin is calculated as a percentage of segment net sales.</font></div>
          </td>
        </tr>

    </table>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net income attributable to stockholders of the Company decreased to Ps.919.1 million in second-quarter 2019 compared to Ps.4,297.4&#160; million in
      second-quarter 2018. The net decrease of Ps.3,378.3 million reflected (i) a Ps.3,520.9 million unfavorable change in other income or expense, net, mainly due to the sale of our investment in Imagina Media Audiovisual, S.L., a media and telecom
      company in Spain (&#8220;Imagina&#8221;) in second quarter 2018; (ii) a Ps.760.3 million decrease in operating income before depreciation and amortization; (iii) a Ps.493.3 million increase in finance expense, net; (iv) a Ps.313.4 million decrease in share of
      income of associates and joint ventures, net; and (v) a Ps.231.1 million increase in depreciation and amortization. These unfavorable variances were partially offset by (i) a Ps.1,821.6 million decrease in income taxes; and (ii) a Ps.119.1 million
      decrease in net income attributable to non-controlling interests.</font></div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after: always;">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <div style="text-align: center;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Second-quarter Results by Business Segment</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The following table presents second-quarter consolidated results ended June 30, 2019 and 2018, for each of our business segments. Consolidated
      results for second-quarter 2019 and 2018 are presented in millions of Mexican pesos.</font></div>
  <div><br>
  </div>
  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zf27361ac6699465a98861e98791f2b4f">

      <tr>
        <td style="width: 46%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: left; margin-left: 4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Net Sales</font></div>
        </td>
        <td style="width: 12.09%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;19</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">%</font></div>
        </td>
        <td style="width: 12.07%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;18</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">&#160;%</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Change</font></div>
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">%</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 46%; vertical-align: top;">
          <div style="text-align: justify; margin-left: 4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Cable</font></div>
        </td>
        <td style="width: 12.09%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">10,215.7</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">40.0</font></div>
        </td>
        <td style="width: 12.07%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8,825.7</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">31.8</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">15.7</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 46%; vertical-align: top;">
          <div style="text-align: justify; margin-left: 4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Sky</font></div>
        </td>
        <td style="width: 12.09%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,348.1</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">20.9</font></div>
        </td>
        <td style="width: 12.07%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,658.8</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">20.4</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(5.5)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 46%; vertical-align: top;">
          <div style="text-align: justify; margin-left: 4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Content</font></div>
        </td>
        <td style="width: 12.09%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8,050.0</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">31.5</font></div>
        </td>
        <td style="width: 12.07%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,247.9</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">33.3</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(13.0)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 46%; vertical-align: top;">
          <div style="text-align: justify; margin-left: 4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Other Businesses</font></div>
        </td>
        <td style="width: 12.09%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,946.5</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7.6</font></div>
        </td>
        <td style="width: 12.07%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,312.6</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.3</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(15.8)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 46%; vertical-align: top;">
          <div style="text-align: justify; margin-left: 4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Segment Net Sales</font><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></font></div>
        </td>
        <td style="width: 12.09%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">25,560.3</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">100.0</font></div>
        </td>
        <td style="width: 12.07%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">26,045.0</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">93.8</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1.9)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 46%; vertical-align: top;">
          <div style="text-align: justify; margin-left: 4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Intersegment Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup></font></div>
        </td>
        <td style="width: 12.09%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1,252.7)</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.07%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1,066.7)</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">&#160;</td>
        <td style="width: 9.95%; vertical-align: middle;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 46%; vertical-align: top; border-bottom: #000000 2px solid;">
          <div style="text-align: justify; margin-left: 4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Net Sales</font><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></font></div>
        </td>
        <td style="width: 12.09%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">24,307.6</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: bottom; border-bottom: #000000 2px solid;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;</font></div>
        </td>
        <td style="width: 12.07%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">24,978.3</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: bottom; border-bottom: #000000 2px solid;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(2.7)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 46%; vertical-align: top;">
          <div style="text-align: justify; margin-left: 4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Non-recurring licensing revenue</font></div>
        </td>
        <td style="width: 12.09%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">n/a</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.07%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,723.5</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.2</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">n/a</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 46%; vertical-align: top; border-bottom: 3px solid rgb(0, 0, 0);">
          <div style="text-align: justify; margin-left: 4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Net Sales</font></div>
        </td>
        <td style="width: 12.09%; vertical-align: middle; border-bottom: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">24,307.6</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle; border-bottom: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">&#160;</font></div>
        </td>
        <td style="width: 12.07%; vertical-align: middle; border-bottom: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">26,701.8</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle; border-bottom: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">&#160;</font></div>
        </td>
        <td style="width: 9.95%; vertical-align: middle; border-bottom: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(9.0)</font></div>
        </td>
      </tr>

  </table>
  <br>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;"> </font><br>
  </div>
  <div style="text-align: left;">
    <table cellspacing="0" cellpadding="0" id="zc571af487be4403ebbe208fe31689b0d" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;">

        <tr>
          <td style="width: 45.94%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic; font-weight: bold;">Operating Segment Income<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup></div>
          </td>
          <td style="width: 12.04%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;19</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Margin</font></div>
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">&#160;%</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;18</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Margin</font></div>
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">%</font></div>
          </td>
          <td style="width: 10.19%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Change</font></div>
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">%</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.94%; vertical-align: top;" colspan="2">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Cable</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,473.7</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">43.8</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,724.4</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">42.2</font></div>
          </td>
          <td style="width: 10.19%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">20.1</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.94%; vertical-align: top;" colspan="2">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Sky</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,305.6</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">43.1</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,540.9</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">44.9</font></div>
          </td>
          <td style="width: 10.19%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(9.3)</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.94%; vertical-align: top;" colspan="2">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Content<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,928.3</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36.4</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,477.1</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">37.6</font></div>
          </td>
          <td style="width: 10.19%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(15.8)</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.94%; vertical-align: top;" colspan="2">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Other Businesses</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">220.5</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">11.3</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">193.2</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.4</font></div>
          </td>
          <td style="width: 10.19%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14.1</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.94%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="2">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Operating Segment Income</font><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">9,928.1</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">38.8</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">9,935.6</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">38.1</font></div>
          </td>
          <td style="width: 10.19%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(0.1)</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.94%; vertical-align: top;" colspan="2" rowspan="1"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Non-recurring licensing income</font></td>
          <td style="width: 12.04%; vertical-align: top; text-align: right;" colspan="2" rowspan="1">&#160;<font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">n/a</font></td>
          <td style="margin: 0px; vertical-align: top; width: 9.89%; text-align: right;" colspan="2" rowspan="1"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">n/a</font> <br>
          </td>
          <td style="margin: 0px; vertical-align: top; width: 12.04%; text-align: right;" colspan="2" rowspan="1"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">817.2</font> <br>
          </td>
          <td style="width: 9.89%; vertical-align: top; text-align: right;" colspan="2" rowspan="1">
            <div style="margin: 0px;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">47.4</font></div>
          </td>
          <td style="margin: 0px; vertical-align: top; width: 10.19%; text-align: right;" colspan="2" rowspan="1">&#160;<font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">n/a</font></td>
        </tr>
        <tr>
          <td style="width: 45.94%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="2">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Operating Segment Income</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">9,928.1</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">38.8</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">10,752.8</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">38.7</font></div>
          </td>
          <td style="width: 10.19%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(7.7)</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.94%; vertical-align: top;" colspan="2">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Corporate Expenses</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(439.2)</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1.7)</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(520.3)</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1.9)</font></div>
          </td>
          <td style="width: 10.19%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">15.6</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.94%; vertical-align: top;" colspan="2">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Depreciation and Amortization</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(5,079.2)</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(20.9)</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(4,848.1)</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(18.2)</font></div>
          </td>
          <td style="width: 10.19%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(4.8)</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.94%; vertical-align: top;" colspan="2">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Other (Expense) Income, net</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(283.0)</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1.2)</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,237.9</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">12.1</font></div>
          </td>
          <td style="width: 10.19%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">n/a</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.94%; vertical-align: top;" colspan="2">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Intersegment Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">4</sup></font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(16.7)</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle;" colspan="2">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;</font></div>
          </td>
          <td style="width: 10.19%; vertical-align: middle;" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">n/a</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.94%; vertical-align: top; border-bottom: 3px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Operating Income</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle; border-bottom: 3px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">4,110.0</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle; border-bottom: 3px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">16.9</font></div>
          </td>
          <td style="width: 12.04%; vertical-align: middle; border-bottom: 3px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8,622.3</font></div>
          </td>
          <td style="width: 9.89%; vertical-align: middle; border-bottom: 3px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">32.3</font></div>
          </td>
          <td style="width: 10.19%; vertical-align: middle; border-bottom: 3px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(52.3)</font></div>
          </td>
        </tr>

    </table>
    <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;"> </font> </div>
  <div style="text-align: justify; margin-right: 22.5pt; margin-left: 28.35pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style:
        italic;">&#160;</font>Excludes the non-recurring licensing revenue.</font></div>
  <div style="text-align: justify; margin-right: 22.5pt; margin-left: 28.35pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup> For segment reporting purposes, intersegment operations are included in each of the
      segment operations.</font></div>
  <div style="text-align: justify; margin-right: 22.5pt; margin-left: 28.35pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup> Operating segment income is defined as operating income before depreciation and
      amortization, corporate expenses, and other expense, net.</font></div>
  <div style="text-align: justify; margin-right: 22.5pt; margin-left: 28.35pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">4 </sup>As a result of IFRS 16 adoption, intersegment operations related to intercompany
      leases were not eliminated on the Operating Segment Income level as in prior years.</font></div>
  <div><br>
  </div>
  <div style="text-align: center;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Cable</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Second-quarter sales</font> increased by 15.7%
      to Ps.10,215.7 million compared with Ps.8,825.7 million in second-quarter 2018 driven by solid net additions in voice and broadband.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Total revenue generating units reached 12.4 million. Quarterly growth was mainly driven 72.8 thousand broadband net additions and 202.1
      thousand voice net additions. Video RGUs increased by 11.4 thousand. Total net additions for the quarter were approximately 286.3 thousand.</font></div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after: always;">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The following table sets forth the breakdown of RGUs per service type for our Cable segment as of June 30, 2019 and 2018.</font></div>
  <div style="text-align: justify;"><br>
    <table cellspacing="0" cellpadding="0" border="0" align="center" style="width: 50%; font-family: 'Times New Roman', Times, serif; font-size: 10pt;" id="z0786aa37b57941f996c44390007c3ac2">

        <tr>
          <td style="width: 31.37%; vertical-align: top; border-top: 3px solid rgb(0, 0, 0);">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic; font-weight: bold;">RGUs</div>
          </td>
          <td style="width: 31.61%; vertical-align: top; border-top: 3px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; font-style: italic;">2Q&#8217;19</font></div>
          </td>
          <td style="width: 37.02%; vertical-align: top; border-top: 3px solid rgb(0, 0, 0);">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; font-style: italic;">2Q&#8217;18</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 31.37%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Video</font></div>
          </td>
          <td style="width: 31.61%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">4,387,007</font></div>
          </td>
          <td style="width: 37.02%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">4,315,859</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 31.37%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Broadband</font></div>
          </td>
          <td style="width: 31.61%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">4,640,275</font></div>
          </td>
          <td style="width: 37.02%; vertical-align: top;">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">4,106,599</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 31.37%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Voice</font></div>
          </td>
          <td style="width: 31.61%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">3,385,387</font></div>
          </td>
          <td style="width: 37.02%; vertical-align: top;">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">2,273,073</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 31.37%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-weight: bold;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Total RGUs</font></div>
          </td>
          <td style="width: 31.61%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0); font-weight: bold;">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">12,412,669</font></div>
          </td>
          <td style="width: 37.02%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-weight: bold;">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">10,695,531</font></div>
          </td>
        </tr>

    </table>
  </div>
  <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"> <br>
    </font></font> <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Second-quarter operating segment income </font>increased by
    20.1% to Ps.4,473.7 million compared with Ps.3,724.4 million in second-quarter 2018. Margin increased 159 basis points to 43.8%, a record high for this segment.</font>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The following tables set forth the breakdown of revenues and operating segment income, excluding consolidation adjustments, for our MSO and
      enterprise operations for second-quarter 2019 and 2018.</font></div>
  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" border="0" align="center" style="width: 75%; font-family: 'Times New Roman', Times, serif; font-size: 10pt;" id="z6fe1b54f89ac4a2f8885d97b4f02cca6">

      <tr>
        <td style="width: 37.6%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">MSO Operations</font>&#160;<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"><font style="font-weight: bold; font-style: italic;">1</font></sup></font></div>
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Millions of Mexican pesos</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;19</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;18</font></div>
        </td>
        <td style="width: 17.61%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Change %</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 37.6%; vertical-align: bottom;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Revenue</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,216.8</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7,869.0</font></div>
        </td>
        <td style="width: 17.61%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">17.1</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 37.6%; vertical-align: bottom; background-color: #FFFFFF;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Operating Segment Income</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,059.8</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,405.4</font></div>
        </td>
        <td style="width: 17.61%; vertical-align: middle; background-color: #FFFFFF;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">19.2</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 37.6%; vertical-align: bottom; background-color: #FFFFFF; border-bottom: #000000 2px solid;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Margin (%)</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">44.0%</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">43.3%</font></div>
        </td>
        <td style="width: 17.61%; vertical-align: middle; background-color: #FFFFFF; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;</font></div>
        </td>
      </tr>

  </table>
  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" border="0" align="center" style="width: 75%; font-family: 'Times New Roman', Times, serif; font-size: 10pt;" id="z6055f400427140b2a54c7fde0f6dcd0f">

      <tr>
        <td style="width: 37.6%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Enterprise Operations
              </font><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"><font style="font-weight: bold; font-style: italic;">(1)</font></sup></font></div>
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Millions of Mexican pesos</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;19</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;18</font></div>
        </td>
        <td style="width: 17.61%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Change %</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 37.6%; vertical-align: bottom;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Revenue</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,412.8</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,300.2</font></div>
        </td>
        <td style="width: 17.61%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.7</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 37.6%; vertical-align: bottom; background-color: #FFFFFF;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Operating Segment Income</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">521.9</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">414.3</font></div>
        </td>
        <td style="width: 17.61%; vertical-align: middle; background-color: #FFFFFF;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">26.0</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 37.6%; vertical-align: bottom; background-color: #FFFFFF; border-bottom: #000000 2px solid;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Margin (%)</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36.9%</font></div>
        </td>
        <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">31.9%</font></div>
        </td>
        <td style="width: 17.61%; vertical-align: middle; background-color: #FFFFFF; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;</font></div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" border="0" align="center" style="width: 75%; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">

      <tr>
        <td rowspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255); text-align: left;">&#160;<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></td>
        <td rowspan="1" style="width: 44%; vertical-align: middle; background-color: rgb(255, 255, 255);">
          <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">These results do not include consolidation adjustments of Ps.413.9 million in revenues nor Ps.108.0 million in Operating Segment Income for second
            quarter 2019, neither the consolidation adjustments of Ps.343.5 million in revenues nor Ps.95.3 million in Operating Segment Income for second quarter 2018. Consolidation adjustments are considered in the consolidated results of the Cable
            segment.</div>
          &#160;&#160;&#160;</td>
      </tr>

  </table>
  <div>
    <div><br>
    </div>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Second-quarter operating segment income in our MSO operations increased by 19.2%, reaching a margin of 44.0%. Our Enterprise Operations posted
      its fourth consecutive quarter of revenue growth after the restructuring of this division in 2018, resulting in an operating segment income growth of 26.0%.</font></div>
  <div><br>
  </div>
  <div style="text-align: center;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Sky</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Second-quarter sales</font> decreased by 5.5%
      to Ps.5,348.1 million compared with Ps.5,658.8 million in second-quarter 2018. This is mainly explained by a lower number video RGUs and the difficult comparison to last year due to strong gross additions and special events sales, both as a result of
      Sky&#8217;s transmission of all 64 matches of the World Cup.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">During the quarter, Sky resumed growth in video RGUs adding 7.4 thousand RGUs, and continued growing its broadband business after adding 73.1
      thousand broadband RGUs. It reached a total of 238.4 thousand broadband RGUs.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Sky ended the quarter with 7.6 million video and broadband RGUs, of which 161,300 were video RGUs in Central America and the Dominican
      Republic.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"> <br>
    </font></div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"> <br>
    </font></div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after: always;">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"> <br>
    </font></div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The following table sets forth the breakdown of RGUs per service type for Sky as of June 30, 2019 and 2018.</font></div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"> <br>
    </font></div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"></font>
    <div style="text-align: justify;"><br>
      <table cellspacing="0" cellpadding="0" border="0" align="center" style="width: 50%; font-family: 'Times New Roman', Times, serif; font-size: 10pt;" id="z0786aa37b57941f996c44390007c3ac2">

          <tr>
            <td style="width: 31.37%; vertical-align: top; border-top: 3px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic; font-weight: bold;">RGUs</div>
            </td>
            <td style="width: 31.61%; vertical-align: top; border-top: 3px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; font-style: italic;">2Q&#8217;19</font></div>
            </td>
            <td style="width: 37.02%; vertical-align: top; border-top: 3px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold; font-style: italic;">2Q&#8217;18</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 31.37%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Video</font></div>
            </td>
            <td style="width: 31.61%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7,393,726</font></div>
            </td>
            <td style="width: 37.02%; vertical-align: top;">
              <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7,961,481</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 31.37%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Broadband</font></div>
            </td>
            <td style="width: 31.61%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">238,361</font></div>
            </td>
            <td style="width: 37.02%; vertical-align: top;">
              <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">n/a</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 31.37%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Voice</font></div>
            </td>
            <td style="width: 31.61%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,329</font></div>
            </td>
            <td style="width: 37.02%; vertical-align: top;">
              <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">n/a</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 31.37%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Total RGUs</font></div>
            </td>
            <td style="width: 31.61%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">7,633,416</font></div>
            </td>
            <td style="width: 37.02%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">7,961,481</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"> <br>
    </font></div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Second-quarter operating segment income</font>
      decreased 9.3% to Ps.2,305.6 million compared with Ps.2,540.9 million in second-quarter 2018. The margin was 43.1%. The 179 basis point decline was primarily due to the costs related to the ongoing promotion of Sky&#8217;s broadband service.</font></div>
  <div><br>
  </div>
  <div style="text-align: center;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Content</font></div>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Excluding the non-recurring licensing revenue<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">,
        second-quarter sales </font>decreased by 13.0% to Ps.8,050.0 million compared with Ps.9,247.9 million in second-quarter 2018. <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Second-quarter sales, </font>including







      2018 non-recurring licensing revenue, declined 26.6%.</font></div>
  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" border="0" align="center" style="width: 75%; font-family: 'Times New Roman', Times, serif; font-size: 10pt;" id="z0b05f660a6054065b0ae1a25d35528d3">

      <tr>
        <td style="width: 38.54%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Millions of Mexican pesos</font></div>
        </td>
        <td style="width: 14.47%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;19</font></div>
        </td>
        <td style="width: 10.48%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">%</font></div>
        </td>
        <td style="width: 14.48%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;18</font></div>
        </td>
        <td style="width: 10.32%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">%</font></div>
        </td>
        <td style="width: 11.72%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Change %</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 38.54%; vertical-align: top;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Advertising</font></div>
        </td>
        <td style="width: 14.47%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,370.3</font></div>
        </td>
        <td style="width: 10.48%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">54.3</font></div>
        </td>
        <td style="width: 14.48%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,265.8</font></div>
        </td>
        <td style="width: 10.32%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">56.9</font></div>
        </td>
        <td style="width: 11.72%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(17.0)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 38.54%; vertical-align: top;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Network Subscription</font></div>
        </td>
        <td style="width: 14.47%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,206.0</font></div>
        </td>
        <td style="width: 10.48%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">15.0</font></div>
        </td>
        <td style="width: 14.48%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,200.8</font></div>
        </td>
        <td style="width: 10.32%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13.0</font></div>
        </td>
        <td style="width: 11.72%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.4</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 38.54%; vertical-align: top;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Licensing and Syndication</font></div>
        </td>
        <td style="width: 14.47%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,473.7</font></div>
        </td>
        <td style="width: 10.48%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">30.7</font></div>
        </td>
        <td style="width: 14.48%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,781.3</font></div>
        </td>
        <td style="width: 10.32%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">30.1</font></div>
        </td>
        <td style="width: 11.72%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(11.1)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 38.54%; vertical-align: top;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Net Sales</font></div>
        </td>
        <td style="width: 14.47%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8,050.0</font></div>
        </td>
        <td style="width: 10.48%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">100.0</font></div>
        </td>
        <td style="width: 14.48%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">9,247.9</font></div>
        </td>
        <td style="width: 10.32%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">100.0</font></div>
        </td>
        <td style="width: 11.72%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(13.0)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 38.54%; vertical-align: top;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Non-recurring licensing revenue</font></div>
        </td>
        <td style="width: 14.47%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">n/a</font></div>
        </td>
        <td style="width: 10.48%; vertical-align: middle;">&#160;</td>
        <td style="width: 14.48%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,723.5</font></div>
        </td>
        <td style="width: 10.32%; vertical-align: middle;">&#160;</td>
        <td style="width: 11.72%; vertical-align: middle;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 38.54%; vertical-align: top; border-bottom: #000000 2px solid;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Net Sales</font></div>
        </td>
        <td style="width: 14.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8,050.0</font></div>
        </td>
        <td style="width: 10.48%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;</font></div>
        </td>
        <td style="width: 14.48%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">10,971.4</font></div>
        </td>
        <td style="width: 10.32%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;</font></div>
        </td>
        <td style="width: 11.72%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(26.6)</font></div>
        </td>
      </tr>

  </table>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Advertising</u></font></font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Second-quarter advertising sales decreased by 17.0% to Ps.4,370.3 million compared with Ps.5,265.8 million in second-quarter 2018.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">On the private sector side, revenues were down due to a difficult comparison to last year and to a slowdown in core advertising revenues. The
      difficult comparison resulted from two events. First, during second quarter 2018, we transmitted the World Cup which impacted advertising revenues favorably. Second, during 2019, the Easter Week holiday took place during the second quarter instead of
      the first, like it did in 2018, and during this period of time advertising customers reduce their investment.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">We estimate that core private-sector advertising revenues, which exclude the two effects described above, declined during the second quarter by
      approximately 5%. The slowdown of the economy and increased volatility in the exchange rate has turned our advertising clients more cautious in regard to their investments in advertising.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">On the government side, as we have indicated in the last two quarters, the new administration is implementing a number of public policy
      measures to make funds available for other initiatives. One of these measures is the reduction of its overall investment in advertising spending, which the government had indicated it will reach approximately 50%. This reduction had an important
      impact in advertising revenues during the second quarter.</font></div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after: always;">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Network Subscription</u></font></font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Second-quarter Network Subscription revenues increased by 0.4% to Ps.1,206.0 million compared with Ps.1,200.8 million in second-quarter 2018.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Licensing and Syndication</u></font></font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Second-quarter Licensing and Syndication sales decreased by 11.1% to Ps.2,473.7 million from Ps.2,781.3 million in second-quarter 2018. The
      decrease is mainly explained by the income we had from a coproduction deal last year, and, as a result of lower content sales to the rest of the world. Royalties from Univision reached U.S.$99.6 million in second-quarter 2019 compared to U.S.$102.6
      million in second-quarter 2018.</font></div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Second-quarter operating segment income,</font>
      excluding the non-recurring licensing revenue, decreased by 15.8% to Ps.2,928.3 million compared with Ps.3,477.1 million in second-quarter 2018. This decrease is mainly explained by the drop in Advertising and Licensing and Syndication revenues. The
      margin was 36.4%.</font></div>
  <div><br>
  </div>
  <div style="text-align: center;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Other Businesses</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Second-quarter sales </font>decreased by 15.8%
      to Ps.1,946.5 million compared with Ps.2,312.6 million in second-quarter 2018. The decrease is mainly explained by declining revenues from publishing, feature films distribution and radio businesses, partially compensated by the gaming business.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Second-quarter operating segment income</font>
      increased by 14.1% to Ps.220.5 million compared with Ps.193.2 million in second-quarter 2018. The increase was mainly explained by gaming and feature films distribution businesses, partially compensated by the publishing, radio and soccer businesses.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Corporate Expense</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Corporate expense decreased by Ps.81.1 million, or 15.6%, to Ps.439.2 million in second-quarter 2019, from Ps.520.3 million in second-quarter
      2018. The decrease reflected primarily a lower share-based compensation expense.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Share-based compensation expense is measured at fair value at the time the equity benefits are conditionally sold to officers and employees. It
      is accounted for as corporate expense and is recognized over the vesting period.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Other Income or Expense, Net</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Other income or expense, net, decreased by Ps.3,520.9 million to other expense, net, of Ps.283.0 million in second-quarter 2019, from other
      income, net, of Ps.3,237.9 million in second-quarter 2018. This unfavorable change reflected primarily the absence of a Ps.3,547.4 million gain on disposition of our stake in Imagina, which sale was closed in June 2018, as well as an increase in
      non-recurrent severance expense in connection with dismissals of personnel in our Content segment.</font></div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after: always;">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">These unfavorable variances were partially offset by a decrease in other expenses related to legal and financial advisory professional services
      and donations, and a lower loss on disposition of property and equipment.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; margin-right: 2.15pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The following table sets forth the breakdown of cash and non-cash other (expense) income, stated in millions of Mexican
      pesos, for the three months ended June 30, 2019 and 2018.</font></div>
  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" border="0" align="center" style="width: 50%; font-family: 'Times New Roman', Times, serif; font-size: 10pt;" id="z15396cc975a04115a8dcd200a7345ec1">

      <tr>
        <td style="width: 42.86%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Other (expenses) income</font></div>
        </td>
        <td style="width: 23.8%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;19</font></div>
        </td>
        <td style="width: 33.34%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;18</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 42.86%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Cash expenses, net</font></div>
        </td>
        <td style="width: 23.8%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(257.6)</font></div>
        </td>
        <td style="width: 33.34%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(81.3)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 42.86%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Non-cash expenses, net</font></div>
        </td>
        <td style="width: 23.8%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(25.4)</font></div>
        </td>
        <td style="width: 33.34%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(228.2)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 42.86%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Subtotal</font></div>
        </td>
        <td style="width: 23.8%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(283.0)</font></div>
        </td>
        <td style="width: 33.34%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(309.5)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 42.86%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Imagina</font></div>
        </td>
        <td style="width: 23.8%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
        </td>
        <td style="width: 33.34%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,547.4</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 42.86%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Total</font></div>
        </td>
        <td style="width: 23.8%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(283.0)</font></div>
        </td>
        <td style="width: 33.34%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">3,237.9</font></div>
        </td>
      </tr>

  </table>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Finance Expense, Net</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; margin-right: 2.15pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The following table sets forth finance (expense) income, net, stated in millions of Mexican pesos for the quarters ended
      June 30, 2019 and 2018.</font></div>
  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" border="0" align="center" style="width: 75%; font-family: 'Times New Roman', Times, serif; font-size: 10pt;" id="zc2253187576f4809b09e16838cdc3bfe">

      <tr>
        <td style="width: 52.46%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">&#160;</td>
        <td style="width: 14.97%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;19</font></div>
        </td>
        <td style="width: 16.75%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;18</font></div>
        </td>
        <td style="width: 15.82%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">(Increase)</font></div>
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Decrease</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 52.46%; vertical-align: top;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Interest expense</font></div>
        </td>
        <td style="width: 14.97%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2,576.3)</font></div>
        </td>
        <td style="width: 16.75%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2,352.7)</font></div>
        </td>
        <td style="width: 15.82%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(223.6)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 52.46%; vertical-align: top;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Interest income</font></div>
        </td>
        <td style="width: 14.97%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">349.0</font></div>
        </td>
        <td style="width: 16.75%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">438.8</font></div>
        </td>
        <td style="width: 15.82%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(89.8)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 52.46%; vertical-align: top;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Foreign exchange gain (loss), net</font></div>
        </td>
        <td style="width: 14.97%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">325.0</font></div>
        </td>
        <td style="width: 16.75%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(487.7)</font></div>
        </td>
        <td style="width: 15.82%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">812.7</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 52.46%; vertical-align: top;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Other finance (expense) income, net</font></div>
        </td>
        <td style="width: 14.97%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(366.2)</font></div>
        </td>
        <td style="width: 16.75%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">626.4</font></div>
        </td>
        <td style="width: 15.82%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(992.6)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 52.46%; vertical-align: top; border-bottom: #000000 2px solid;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Finance expense, net</font></div>
        </td>
        <td style="width: 14.97%; vertical-align: top; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(2,268.5)</font></div>
        </td>
        <td style="width: 16.75%; vertical-align: top; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(1,775.2)</font></div>
        </td>
        <td style="width: 15.82%; vertical-align: top; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(493.3)</font></div>
        </td>
      </tr>

  </table>
  <div><br>
  </div>
  <div style="text-align: justify; margin-right: 2.25pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The finance expense, net, increased by Ps.493.3 million, or 27.8%, to Ps.2,268.5 million in second-quarter 2019 from
      Ps.1,775.2 million in second-quarter 2018. This increase reflected primarily:</font></div>
  <div><br>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zb08602fc21bc4083ad8a2b32f23619ce">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right;">
            <div style="text-align: left; margin-left: 18pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">I.</font></div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">a Ps.992.6 million unfavorable change in other finance income or expense, net, resulting from a loss in fair value of our derivative
                contracts in second-quarter 2019, compared with a gain in second-quarter 2018;</font></div>
          </td>
        </tr>

    </table>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z9f9b69ec0e574656ad2711c8a8ab9f45">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right;">
            <div style="text-align: left; margin-left: 18pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">II.</font></div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">a Ps.223.6 million increase in interest expense, primarily due to a Ps.104.8 million interest expense related to lease liabilities
                recognized beginning on January 1, 2019, in connection with the adoption of IFRS 16 Leases, which became effective on that date, as well as interest expenses in connection with a higher average of principal amount of debt in second-quarter
                2019; and</font></div>
          </td>
        </tr>

    </table>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z6f6aaa39157b46e2a370a5cd9f7935fd">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right;">
            <div style="text-align: left; margin-left: 18pt;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">III.</font></div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">a Ps.89.8 million decrease in interest income explained primarily by a lower average amount of cash and cash equivalents in
                second-quarter 2019.</font></div>
          </td>
        </tr>

    </table>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">These unfavorable variances were partially offset by a Ps.812.7 million favorable change in foreign exchange gain or loss resulting primarily
      from the effect on our average net U.S. dollar liability position of a 1.2% appreciation of the Mexican peso against the U.S. dollar in second-quarter 2019 compared with an 8.4% depreciation in second-quarter 2018.</font></div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after: always;">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Share of Income of Associates and Joint Ventures, Net</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Share of income of associates and joint ventures, net, decreased by Ps.313.4 million, or 65.7%, to Ps.163.8 million in second-quarter 2019 from
      Ps.477.2 million in second-quarter 2018. This decrease reflected mainly a lower share of income of Univision Holdings, Inc. (&#8220;UHI&#8221;), the controlling company of Univision, as well as the absence of share of income in Imagina.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Share of income of associates and joint ventures, net, for the second-quarter 2019, includes primarily our share of income of (i) UHI; and (ii)
      OCESA Entretenimiento, S.A. de C.V., a live entertainment company in Mexico.</font></div>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Income Taxes</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Income taxes decreased by Ps.1,821.6 million, or 71.1%, to Ps.741.9 million in second-quarter 2019 compared with Ps.2,563.5 million in
      second-quarter 2018. This decrease reflected primarily a lower income tax base, primarily in connection with the absence of a gain on disposition of Imagina.</font></div>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Net Income Attributable to Non-controlling Interests</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net income attributable to non-controlling interests decreased by Ps.119.1 million, or 25.7%, to Ps.344.3 million in second-quarter 2019,
      compared with Ps.463.4 million in second-quarter 2018. This decrease reflected primarily a lower portion of net income attributable to non-controlling interests in our Sky segment, which was offset by a higher portion of net income attributable to
      non-controlling interests in our Cable segment.</font></div>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Capital Expenditures</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">During second-quarter 2019, we invested approximately U.S.$239.6 million in property, plant and equipment as capital expenditures. The
      following table sets forth the breakdown of capital expenditures for second-quarter 2019 and 2018.</font></div>
  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" border="0" align="center" style="width: 50%; font-family: 'Times New Roman', Times, serif; font-size: 10pt;" id="z9f4f45fdb6844be8913b3ba2bbcd13aa">

      <tr>
        <td style="width: 47.42%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Capital Expenditures</font></div>
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Millions of U.S. Dollars</font></div>
        </td>
        <td style="width: 24.81%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;19</font></div>
        </td>
        <td style="width: 27.77%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 3px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">2Q&#8217;18</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 47.42%; vertical-align: top;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Cable</font></div>
        </td>
        <td style="width: 24.81%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">187.3</font></div>
        </td>
        <td style="width: 27.77%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">145.5</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 47.42%; vertical-align: top;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Sky</font></div>
        </td>
        <td style="width: 24.81%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38.0</font></div>
        </td>
        <td style="width: 27.77%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">56.0</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 47.42%; vertical-align: top;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Content and Other Businesses</font></div>
        </td>
        <td style="width: 24.81%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14.3</font></div>
        </td>
        <td style="width: 27.77%; vertical-align: top;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25.8</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 47.42%; vertical-align: top; border-bottom: #000000 2px solid;">
          <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Total</font></div>
        </td>
        <td style="width: 24.81%; vertical-align: top; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">239.6</font></div>
        </td>
        <td style="width: 27.77%; vertical-align: top; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">227.3</font></div>
        </td>
      </tr>

  </table>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">For the full year, we are maintaining our guidance of approximately one billion U.S. dollars of capital expenditures in property, plant and
      equipment.</font></div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"> <br>
    </font></div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"> <br>
    </font></div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after: always;">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Debt, Lease Liabilities and Other Notes Payable</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The following table sets forth our total consolidated debt, lease liabilities and other notes payable as of June 30, 2019 and December 31,
      2018. Amounts are stated in millions of Mexican pesos</font></div>
  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z1d1f7f5f39e74faa8f92de38b25f1bf0">

      <tr>
        <td style="width: 52.04%; vertical-align: top; border-top: 3px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
        <td style="width: 16.27%; vertical-align: middle; border-top: 3px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">June 30, 2019</font></div>
        </td>
        <td style="width: 16.32%; vertical-align: middle; border-top: 3px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">December 31, 2018</font></div>
        </td>
        <td style="width: 15.37%; vertical-align: middle; border-top: 3px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">(Decrease)</font></div>
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; font-style: italic;">Increase</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 52.04%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Current portion of long-term debt</font></div>
        </td>
        <td style="width: 16.27%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">792.1</font></div>
        </td>
        <td style="width: 16.32%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">988.4</font></div>
        </td>
        <td style="width: 15.37%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(196.3)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 52.04%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Long-term debt, net of current portion</font></div>
        </td>
        <td style="width: 16.27%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">133,196.8</font></div>
        </td>
        <td style="width: 16.32%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">120,983.6</font></div>
        </td>
        <td style="width: 15.37%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">12,213.2</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 52.04%; vertical-align: middle;">
          <div style="text-align: left; margin-left: 22.05pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Total debt <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></font></div>
        </td>
        <td style="width: 16.27%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">133,988.9</font></div>
        </td>
        <td style="width: 16.32%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">121,972.0</font></div>
        </td>
        <td style="width: 15.37%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">12,016.9</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 52.04%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Current portion of long-term lease liabilities</font></div>
        </td>
        <td style="width: 16.27%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,091.1</font></div>
        </td>
        <td style="width: 16.32%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">651.8</font></div>
        </td>
        <td style="width: 15.37%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">439.3</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 52.04%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Long-term lease liabilities, net of current portion</font></div>
        </td>
        <td style="width: 16.27%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8,521.4</font></div>
        </td>
        <td style="width: 16.32%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,666.1</font></div>
        </td>
        <td style="width: 15.37%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,855.3</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 52.04%; vertical-align: middle;">
          <div style="text-align: justify; margin-left: 22.05pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Total lease liabilities<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup></font></div>
        </td>
        <td style="width: 16.27%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">9,612.5</font></div>
        </td>
        <td style="width: 16.32%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">5,317.9</font></div>
        </td>
        <td style="width: 15.37%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">4,294.6</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 52.04%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Current portion of other notes payable</font></div>
        </td>
        <td style="width: 16.27%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,306.3</font></div>
        </td>
        <td style="width: 16.32%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,288.4</font></div>
        </td>
        <td style="width: 15.37%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">17.9</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 52.04%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Other notes payable, net of current portion</font></div>
        </td>
        <td style="width: 16.27%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
        </td>
        <td style="width: 16.32%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,288.4</font></div>
        </td>
        <td style="width: 15.37%; vertical-align: middle;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1,288.4)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 52.04%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: left; margin-left: 22.05pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Total other notes payable<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup></font></div>
        </td>
        <td style="width: 16.27%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">1,306.3</font></div>
        </td>
        <td style="width: 16.32%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2,576.8</font></div>
        </td>
        <td style="width: 15.37%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right; margin-left: 22.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(1,270.5)</font></div>
        </td>
      </tr>

  </table>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"><font style="font-weight: bold;">1</font></sup> As of June 30, 2019 and December 31, 2018, total debt is presented net of finance costs in
      the amount of Ps.1,413.4 million and Ps.1,152.7 million, respectively, and does not include related accrued interest payable in the amount to Ps.2,029.9 million and Ps.1,120.0 million, respectively.</font></div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup> Beginning on January 1, 2019, we adopted IFRS 16 Leases (&#8220;IFRS 16&#8221;), which became effective on that date. As a result, we (i)
      recognized right-of-use assets and lease liabilities as of January 1, 2019, in the amount of Ps.4,750.4 million, for those long-term lease agreements that we recognized as operating leases through December 31, 2018; and (ii) classified as
      right-of-use assets and lease liabilities as of January 1, 2019, the carrying value of property and equipment and related obligations that we recognized as finance leases through December 31, 2018, in the amount of Ps.3,402.9 million and Ps.5,317.9
      million, respectively.</font></div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup> In connection with the acquisition in 2016 of a non-controlling interest in Televisi&#243;n Internacional, S.A. de C.V., one of our
      Cable segment subsidiaries.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">In May 2019, we made an offering of U.S.$750 million aggregate principal amount of 5.250% Senior Notes due 2049 registered with the U.S.
      Securities and Exchange Commission. We anticipate using the net proceeds from the offering for general corporate purposes, which may include repayment or repurchase of existing indebtedness.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">As of June 30, 2019, our consolidated net debt position (total debt, lease liabilities and other notes payable, less cash and cash equivalents,
      temporary investments, and non-current investments in financial instruments) was Ps.93,495.2 million. As of June 30, 2019, the non-current investments in financial instruments amounted to an aggregate of Ps.13,494.4 million.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">We executed a credit agreement for a five-year term loan (the &#8220;Loan&#8221;) in the amount of Ps.10,000 million with a syndicate of banks. The loan
      was funded on July 5, 2019, and may be used for general corporate purposes, including refinancing of existing indebtedness. The loan will bear interest at a floating rate based on a spread of 105 basis points or 130 basis points over the 28 day TIIE
      Rate (<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Tasa de Inter&#233;s Interbancaria de Equilibrio</font>) depending on the Company&#8217;s net leverage ratio. The Loan covenants require the maintenance of
      financial ratios related to indebtedness and interest expense.</font></div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after: always;">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Dividend</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">In April 2019, our stockholders approved the payment of a dividend of Ps.0.35 per CPO and Ps.0.002991452991 per share of Series &#8220;A&#8221;, &#8220;B&#8221;, &#8220;D&#8221;
      and &#8220;L&#8221; Shares, not in the form of a CPO, which was paid in cash in May 2019 in the aggregate amount of Ps.1,066.2 million.</font></div>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Share Repurchase Program</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">In the context of the repurchase program previously approved by the Board of Directors, the Company repurchased, during the second quarter
      2019, 30.7 million CPOs, equivalent to approximately Ps.1,094.1 million.</font></div>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Shares Outstanding</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">As of June 30, 2019, and December 31, 2018, our shares outstanding amounted to 338,215.4 million and 338,329.1 million shares, respectively,
      and our CPO equivalents outstanding amounted to 2,890.7 million and 2,891.7 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.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">As of June 30, 2019, and December 31, 2018, the GDS (Global Depositary Shares) equivalents outstanding amounted to 578.1 million and 578.3
      million GDS equivalents, respectively. The number of GDS equivalents is calculated by dividing the number of CPO equivalents by five.</font></div>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Sustainability</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">During second quarter 2019, Televisa was nominated by the &#8220;2020 Latin American Sustainable Leaders Agenda initiative&#8221; (ALAS20) as "Leading
      Company in Sustainability" and "Leading Company in Corporate Governance". In addition, the Company has been included as a constituent of the FTSE4Good Emerging Index for the fourth consecutive year. The FTSE4Good Emerging Index measures the
      performance of companies demonstrating strong environmental, social, and corporate governance (ESG) practices.</font></div>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Additional Information Available on Website</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The information in this press release should be read in conjunction with the financial statements and footnotes contained in the Company's
      Annual Report and on Form 20-F for the year ended December 31, 2018, which is posted on the &#8220;Reports and Filings&#8221; section of our investor relations website at televisair.com.</font></div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after: always;">
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  </div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">About Televisa</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">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 75 countries through 26 pay-tv brands, television networks, cable operators and
      over-the-top or &#8220;OTT&#8221; services. In the United States, Televisa&#8217;s audiovisual content is distributed through Univision Communications Inc. (&#8220;Univision&#8221;) the leading media company serving the Hispanic market. Univision broadcasts Televisa&#8217;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. Televisa owns a majority interest in Sky, a leading direct-to-home satellite pay television system and broadband provider 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.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Disclaimer</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">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.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">(Please see attached tables for financial information and ratings data)</font></div>
  <div><br>
  </div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">###</font></div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div style="text-align: center;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Contact Information</font></div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Investor Relations</font></div>
  <div style="text-align: center;"><u><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">www.televisair.com.mx</font></font></u></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Tel: (52 55) 5261 2445</font></div>
  <div><br>
  </div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Carlos Madrazo. VP, Head of Investor Relations <u><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">cmadrazov@televisa.com.mx</font></u></font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Santiago Casado. Investor Relations Director. <u><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">scasado@televisa.com.mx</font></u></font></div>
  <div><br>
  </div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Media Relations:</font></div>
  <div><br>
  </div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Alejandro Olmos / Tel: (52 55) 4438 1205 / <u><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">aolmosc@televisa.com.mx</font></u></font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Artemisa Padilla / Tel: (52 55)&#160; 5224 6360 <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/ </font><u><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">apadillagu@televisa.com.mx</font></u></font></div>
  <div><br>
  </div>
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  <div><br>
  </div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">GRUPO TELEVISA, S.A.B.</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">AS OF JUNE 30, 2019 AND DECEMBER 31, 2018</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(Millions of Mexican Pesos)</font></div>
  <div><br>
  </div>
  <div><br>
  </div>
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          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2019</font></div>
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        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
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          <div style="text-align: left; text-indent: 76.55pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ASSETS</font></div>
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        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
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        <td style="width: 4.06%; vertical-align: top;">&#160;</td>
        <td style="width: 12.47%; vertical-align: top;">&#160;</td>
        <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: top;">&#160;</td>
        <td style="width: 13.19%; vertical-align: top;">&#160;</td>
        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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      <tr>
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        <td style="width: 12.47%; vertical-align: top;">&#160;</td>
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        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: top;">&#160;</td>
        <td style="width: 13.19%; vertical-align: top;">&#160;</td>
        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
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        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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        <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
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        <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
        <td style="width: 13.19%; vertical-align: middle;">
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        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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        <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.47%; vertical-align: bottom;">
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        <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
        <td style="width: 13.19%; vertical-align: middle;">
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        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
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          <div style="text-align: left; text-indent: 28.6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Derivative financial instruments</font></div>
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        <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.47%; vertical-align: bottom;">
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        <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
        <td style="width: 13.19%; vertical-align: middle;">
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        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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        <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.47%; vertical-align: bottom;">
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        <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
        <td style="width: 13.19%; vertical-align: middle;">
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        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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          <div style="text-align: left; text-indent: 28.6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Transmission rights and programming</font></div>
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        <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.47%; vertical-align: bottom;">
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        <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
        <td style="width: 13.19%; vertical-align: middle;">
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        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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      <tr>
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        <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.47%; vertical-align: bottom;">
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        <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
        <td style="width: 13.19%; vertical-align: middle;">
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        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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      <tr>
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        <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.47%; vertical-align: bottom;">
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        <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
        <td style="width: 13.19%; vertical-align: middle;">
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        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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      <tr>
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          <div style="text-align: left; text-indent: 28.6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Other current assets</font></div>
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        <td style="width: 4.06%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
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        <td style="width: 1.77%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 13.19%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.92%; vertical-align: top; border-bottom: #000000 2px solid;">&#160;</td>
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      <tr>
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        <td style="width: 1.77%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 13.19%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.92%; vertical-align: top; border-bottom: #000000 2px solid;">&#160;</td>
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      <tr>
        <td style="width: 60.66%; vertical-align: top;">&#160;</td>
        <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.47%; vertical-align: top;">&#160;</td>
        <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
        <td style="width: 13.19%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 60.66%; vertical-align: top;">
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        <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.47%; vertical-align: top;">&#160;</td>
        <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
        <td style="width: 13.19%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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      <tr>
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          <div style="text-align: left; text-indent: 28.6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Derivative financial instruments</font></div>
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        <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.47%; vertical-align: bottom;">
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        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
        <td style="width: 13.19%; vertical-align: middle;">
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        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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          <div style="text-align: left; text-indent: 28.6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Transmission rights and programming</font></div>
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        <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.47%; vertical-align: bottom;">
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        <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
        <td style="width: 13.19%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,229.8</font></div>
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        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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        <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
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        <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
        <td style="width: 13.19%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">49,203.4</font></div>
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        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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        <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
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        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
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      <tr>
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        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
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        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
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      <tr>
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        <td style="width: 1.77%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 13.19%; vertical-align: middle; border-bottom: #000000 2px solid;">
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          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">311,499.7</font></div>
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        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
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          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">297,170.6</font></div>
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        <td style="width: 0.92%; vertical-align: top; border-bottom: #000000 4px double;">&#160;</td>
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      <tr>
        <td style="width: 60.66%; vertical-align: top;">&#160;</td>
        <td style="width: 4.06%; vertical-align: top;">&#160;</td>
        <td style="width: 12.47%; vertical-align: top;">&#160;</td>
        <td style="width: 1.77%; vertical-align: top;">&#160;</td>
        <td style="width: 2.77%; vertical-align: top;">&#160;</td>
        <td style="width: 4.16%; vertical-align: top;">&#160;</td>
        <td style="width: 13.19%; vertical-align: top;">&#160;</td>
        <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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  </table>
  <div style="text-align: left;"><br>
    <font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"></font></div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"><br>
    </font><br>
  </div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after: always;">
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  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"> <br>
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  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">GRUPO TELEVISA, S.A.B.</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION</font></div>
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  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(Millions of Mexican Pesos)</font></div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zb8cac8e57e144ed2886dba6991da0621">

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          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">June 30,</font></div>
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      <tr>
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          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2019</font></div>
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        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
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        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 61.49%; vertical-align: top;">&#160;</td>
        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: top;">&#160;</td>
        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: top;">&#160;</td>
        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: top;">&#160;</td>
        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: top;">&#160;</td>
        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
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      <tr>
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Ps.</font></div>
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 61.49%; vertical-align: top;">
          <div style="text-align: left; text-indent: 28.6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Current portion of lease liabilities</font></div>
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
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      <tr>
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        <td style="width: 12.79%; vertical-align: middle;">
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 12.79%; vertical-align: middle;">
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 12.79%; vertical-align: middle;">
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 12.79%; vertical-align: middle;">
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        </td>
        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
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          <div style="text-align: left; text-indent: 28.6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Other taxes payable</font></div>
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,067.2</font></div>
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">
          <div style="text-align: left; text-indent: 28.35pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Other current liabilities</font></div>
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        <td style="width: 3.98%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.95%; vertical-align: top; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.94%; vertical-align: top; border-bottom: #000000 2px solid;">&#160;</td>
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      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 3.98%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
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        <td style="width: 0.95%; vertical-align: top; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
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        <td style="width: 0.94%; vertical-align: top; border-bottom: #000000 2px solid;">&#160;</td>
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      <tr>
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">&#160;</td>
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        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">120,983.6</font></div>
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</font></div>
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">
          <div style="text-align: left; text-indent: 28.6pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Income taxes payable</font></div>
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 3.98%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.95%; vertical-align: top; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">
          <div style="text-align: left; text-indent: 49.65pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Total non-current liabilities</font></div>
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        <td style="width: 3.98%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.95%; vertical-align: top; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">144,108.5</font></div>
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 61.49%; vertical-align: top;">
          <div style="text-align: left; text-indent: 49.65pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Total liabilities</font></div>
        </td>
        <td style="width: 3.98%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">209,036.9</font></div>
        </td>
        <td style="width: 0.95%; vertical-align: top; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">192,640.0</font></div>
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">&#160;</td>
        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        </td>
        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,907.8</font></div>
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,907.8</font></div>
        </td>
        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        </td>
        <td style="width: 3.98%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        </td>
        <td style="width: 0.95%; vertical-align: top; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">&#160;</td>
        <td style="width: 3.98%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.95%; vertical-align: top; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">20,797.6</font></div>
        </td>
        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        </td>
        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: top;">&#160;</td>
        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        </td>
        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,139.0</font></div>
        </td>
        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,139.0</font></div>
        </td>
        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 61.49%; vertical-align: top;">
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        <td style="width: 3.98%; vertical-align: middle;">&#160;</td>
        <td style="width: 12.79%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">74,878.8</font></div>
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle;">&#160;</td>
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        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
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        <td style="width: 61.49%; vertical-align: top;">&#160;</td>
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        <td style="width: 12.79%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">78,478.6</font></div>
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
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        <td style="width: 12.92%; vertical-align: middle;">
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        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
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          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,427.4</font></div>
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          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(14,327.2</font></div>
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        <td style="width: 0.95%; vertical-align: top; border-bottom: #000000 2px solid;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 12.92%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 3.98%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
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          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">67,564.9</font></div>
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        <td style="width: 0.95%; vertical-align: top; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
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      <tr>
        <td style="width: 61.49%; vertical-align: top;">
          <div style="text-align: left; text-indent: 35.45pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;&#160;&#160;&#160;&#160;&#160;Equity attributable to stockholders of the Company</font></div>
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        <td style="width: 12.79%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">88,362.5</font></div>
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        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
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      <tr>
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        <td style="width: 3.98%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
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        <td style="width: 0.95%; vertical-align: top; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
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        <td style="width: 0.95%; vertical-align: top; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
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      <tr>
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          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">311,499.7</font></div>
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        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
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          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">297,170.6</font></div>
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        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 61.49%; vertical-align: top;">&#160;</td>
        <td style="width: 3.98%; vertical-align: top;">&#160;</td>
        <td style="width: 12.79%; vertical-align: top;">&#160;</td>
        <td style="width: 0.95%; vertical-align: top;">&#160;</td>
        <td style="width: 2.84%; vertical-align: top;">&#160;</td>
        <td style="width: 4.08%; vertical-align: top;">&#160;</td>
        <td style="width: 12.92%; vertical-align: top;">&#160;</td>
        <td style="width: 0.94%; vertical-align: top;">&#160;</td>
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  </table>
  <div><br>
  </div>
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  </div>
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  </div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">GRUPO TELEVISA, S.A.B.</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">CONDENSED CONSOLIDATED STATEMENTS OF INCOME FOR THE&#160; THREE AND</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SIX MONTHS ENDED JUNE 30, 2019 AND 2018</font></div>
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  <div><br>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
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        <td style="width: 34.56%; vertical-align: top;">&#160;</td>
        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
        <td style="width: 3.43%; vertical-align: top;">&#160;</td>
        <td style="width: 8.62%; vertical-align: top;">&#160;</td>
        <td style="width: 0.93%; vertical-align: top;">&#160;</td>
        <td style="width: 1.94%; vertical-align: top;">&#160;</td>
        <td style="width: 3.38%; vertical-align: top;">&#160;</td>
        <td style="width: 7.94%; vertical-align: top;">&#160;</td>
        <td style="width: 0.93%; vertical-align: top;">&#160;</td>
        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td colspan="2" style="width: 12.09%; vertical-align: top;">&#160;</td>
        <td colspan="4" style="width: 7.4%; vertical-align: top;">&#160;</td>
        <td style="width: 1.38%; vertical-align: top;">&#160;</td>
        <td style="width: 1.32%; vertical-align: top;">&#160;</td>
        <td colspan="7" style="width: 11.96%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 34.56%; vertical-align: top;">&#160;</td>
        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
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        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: top;">&#160;</td>
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          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Six months ended June 30,</font></div>
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        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 34.56%; vertical-align: top;">&#160;</td>
        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
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          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2019</font></div>
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        <td style="width: 1.94%; vertical-align: top;">&#160;</td>
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          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2018</font></div>
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        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: top;">&#160;</td>
        <td style="width: 8.3%; vertical-align: top;">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2019</font></div>
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        <td style="width: 0.93%; vertical-align: top;">&#160;</td>
        <td style="width: 2.34%; vertical-align: top;">&#160;</td>
        <td style="width: 2.14%; vertical-align: top;">&#160;</td>
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          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2018</font></div>
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        <td style="width: 0.93%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 34.56%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        <td style="width: 0.78%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
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        <td style="width: 1.94%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
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        <td style="width: 1.34%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        <td style="width: 3.79%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
        <td style="width: 8.3%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Unaudited)</font></div>
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        <td style="width: 0.93%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
        <td style="width: 2.34%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        <td style="width: 2.14%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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        <td style="width: 0.93%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
        <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
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      <tr>
        <td style="width: 34.56%; vertical-align: top;">&#160;</td>
        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
        <td style="width: 3.43%; vertical-align: middle;">&#160;</td>
        <td style="width: 8.62%; vertical-align: top;">&#160;</td>
        <td style="width: 0.93%; vertical-align: top;">&#160;</td>
        <td style="width: 1.94%; vertical-align: top;">&#160;</td>
        <td style="width: 3.38%; vertical-align: middle;">&#160;</td>
        <td style="width: 7.94%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.93%; vertical-align: top;">&#160;</td>
        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: top;">&#160;</td>
        <td style="width: 8.3%; vertical-align: top;">&#160;</td>
        <td style="width: 0.93%; vertical-align: top;">&#160;</td>
        <td style="width: 2.34%; vertical-align: top;">&#160;</td>
        <td style="width: 2.14%; vertical-align: top;">&#160;</td>
        <td colspan="4" style="width: 10.88%; vertical-align: top;">&#160;</td>
        <td style="width: 0.93%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <td style="width: 34.56%; vertical-align: bottom;">
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        <td style="width: 0.78%; vertical-align: bottom;">&#160;</td>
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        <td style="width: 8.62%; vertical-align: bottom;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,307.6</font></div>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.94%; vertical-align: bottom;">&#160;</td>
        <td style="width: 3.38%; vertical-align: bottom;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Ps.</font></div>
        </td>
        <td style="width: 7.94%; vertical-align: bottom;">
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        <td style="width: 2.34%; vertical-align: bottom;">&#160;</td>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <td style="width: 0.93%; vertical-align: bottom;">&#160;</td>
        <td style="width: 1.94%; vertical-align: bottom;">&#160;</td>
        <td style="width: 3.38%; vertical-align: bottom;">&#160;</td>
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        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: bottom;">&#160;</td>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.34%; vertical-align: bottom;">&#160;</td>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <td style="width: 0.78%; vertical-align: bottom;">&#160;</td>
        <td style="width: 3.43%; vertical-align: bottom;">&#160;</td>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.94%; vertical-align: bottom;">&#160;</td>
        <td style="width: 3.38%; vertical-align: bottom;">&#160;</td>
        <td style="width: 7.94%; vertical-align: bottom;">
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: bottom;">&#160;</td>
        <td style="width: 8.3%; vertical-align: bottom;">
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.34%; vertical-align: bottom;">&#160;</td>
        <td style="width: 2.14%; vertical-align: bottom;">&#160;</td>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <td style="width: 0.78%; vertical-align: bottom;">&#160;</td>
        <td style="width: 3.43%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 8.62%; vertical-align: bottom; border-bottom: #000000 2px solid;">
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        <td style="width: 0.93%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 1.94%; vertical-align: bottom;">&#160;</td>
        <td style="width: 3.38%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 7.94%; vertical-align: bottom; border-bottom: #000000 2px solid;">
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 8.3%; vertical-align: bottom; border-bottom: #000000 2px solid;">
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.34%; vertical-align: bottom;">&#160;</td>
        <td style="width: 2.14%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
        <td style="width: 3.43%; vertical-align: middle;">&#160;</td>
        <td style="width: 8.62%; vertical-align: middle;">
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.94%; vertical-align: top;">&#160;</td>
        <td style="width: 3.38%; vertical-align: middle;">&#160;</td>
        <td style="width: 7.94%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,384.4</font></div>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: middle;">&#160;</td>
        <td style="width: 8.3%; vertical-align: middle;">
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.34%; vertical-align: top;">&#160;</td>
        <td style="width: 2.14%; vertical-align: middle;">&#160;</td>
        <td colspan="4" style="width: 10.88%; vertical-align: middle;">
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
        <td style="width: 3.43%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 8.62%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.93%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        <td style="width: 1.94%; vertical-align: top;">&#160;</td>
        <td style="width: 3.38%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 7.94%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 8.3%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.93%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        <td style="width: 2.34%; vertical-align: top;">&#160;</td>
        <td style="width: 2.14%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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      <tr>
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        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
        <td style="width: 3.43%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 8.62%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.93%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 1.94%; vertical-align: top;">&#160;</td>
        <td style="width: 3.38%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 7.94%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 8.3%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7,580.4</font></div>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.34%; vertical-align: top;">&#160;</td>
        <td style="width: 2.14%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 34.56%; vertical-align: bottom;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Finance expense</font></div>
        </td>
        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
        <td style="width: 3.43%; vertical-align: middle;">&#160;</td>
        <td style="width: 8.62%; vertical-align: middle;">
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        <td style="width: 0.93%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        <td style="width: 1.94%; vertical-align: top;">&#160;</td>
        <td style="width: 3.38%; vertical-align: middle;">&#160;</td>
        <td style="width: 7.94%; vertical-align: middle;">
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        <td style="width: 0.93%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: middle;">&#160;</td>
        <td style="width: 8.3%; vertical-align: middle;">
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        <td style="width: 0.93%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        <td style="width: 2.34%; vertical-align: top;">&#160;</td>
        <td style="width: 2.14%; vertical-align: middle;">&#160;</td>
        <td colspan="4" style="width: 10.88%; vertical-align: middle;">
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        <td style="width: 0.93%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</font></div>
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        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 34.56%; vertical-align: bottom;">
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        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
        <td style="width: 3.43%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 8.62%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.93%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 1.94%; vertical-align: top;">&#160;</td>
        <td style="width: 3.38%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 7.94%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,065.2</font></div>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 8.3%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.34%; vertical-align: top;">&#160;</td>
        <td style="width: 2.14%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td colspan="4" style="width: 10.88%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <td style="width: 3.79%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
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        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <td style="width: 3.43%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
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        <td style="width: 1.94%; vertical-align: bottom;">&#160;</td>
        <td style="width: 3.38%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
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        <td style="width: 1.34%; vertical-align: bottom;">&#160;</td>
        <td style="width: 0.8%; vertical-align: bottom;">&#160;</td>
        <td style="width: 3.79%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
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        <td style="width: 0.93%; vertical-align: bottom;">&#160;</td>
        <td style="width: 2.34%; vertical-align: bottom;">&#160;</td>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
        <td style="width: 3.43%; vertical-align: middle;">&#160;</td>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.94%; vertical-align: top;">&#160;</td>
        <td style="width: 3.38%; vertical-align: middle;">&#160;</td>
        <td style="width: 7.94%; vertical-align: middle;">
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: middle;">&#160;</td>
        <td style="width: 8.3%; vertical-align: middle;">
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.34%; vertical-align: top;">&#160;</td>
        <td style="width: 2.14%; vertical-align: middle;">&#160;</td>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
        <td style="width: 3.43%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 8.62%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.93%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 1.94%; vertical-align: top;">&#160;</td>
        <td style="width: 3.38%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 7.94%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 8.3%; vertical-align: middle; border-bottom: #000000 2px solid;">
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.34%; vertical-align: top;">&#160;</td>
        <td style="width: 2.14%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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          <div style="text-align: left; text-indent: 21.25pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Net income</font></div>
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        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
        <td style="width: 3.43%; vertical-align: middle; border-bottom: #000000 4px double;">
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        <td style="width: 8.62%; vertical-align: middle; border-bottom: #000000 4px double;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,263.4</font></div>
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        <td style="width: 0.93%; vertical-align: middle; border-bottom: #000000 4px double;">&#160;</td>
        <td style="width: 1.94%; vertical-align: top;">&#160;</td>
        <td style="width: 3.38%; vertical-align: middle; border-bottom: #000000 4px double;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Ps.</font></div>
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        <td style="width: 7.94%; vertical-align: middle; border-bottom: #000000 4px double;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,760.8</font></div>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: middle; border-bottom: #000000 4px double;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Ps.</font></div>
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        <td style="width: 8.3%; vertical-align: middle; border-bottom: #000000 4px double;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,121.5</font></div>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.34%; vertical-align: top;">&#160;</td>
        <td style="width: 2.14%; vertical-align: middle; border-bottom: #000000 4px double;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Ps.</font></div>
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          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,755.7</font></div>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <td style="width: 34.56%; vertical-align: bottom;">&#160;</td>
        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
        <td style="width: 3.43%; vertical-align: middle;">&#160;</td>
        <td style="width: 8.62%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.94%; vertical-align: top;">&#160;</td>
        <td style="width: 3.38%; vertical-align: middle;">&#160;</td>
        <td style="width: 7.94%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: middle;">&#160;</td>
        <td style="width: 8.3%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.34%; vertical-align: top;">&#160;</td>
        <td style="width: 2.14%; vertical-align: middle;">&#160;</td>
        <td colspan="4" style="width: 10.88%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
        <td style="width: 3.43%; vertical-align: middle;">&#160;</td>
        <td style="width: 8.62%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.94%; vertical-align: top;">&#160;</td>
        <td style="width: 3.38%; vertical-align: middle;">&#160;</td>
        <td style="width: 7.94%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: middle;">&#160;</td>
        <td style="width: 8.3%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.34%; vertical-align: top;">&#160;</td>
        <td style="width: 2.14%; vertical-align: middle;">&#160;</td>
        <td colspan="4" style="width: 10.88%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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          <div style="text-align: left; text-indent: 14.15pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Stockholders of the Company</font></div>
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        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
        <td style="width: 3.43%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Ps.</font></div>
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        <td style="width: 8.62%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">919.1</font></div>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.94%; vertical-align: top;">&#160;</td>
        <td style="width: 3.38%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Ps.</font></div>
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        <td style="width: 7.94%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,297.4</font></div>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 1.34%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 3.79%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Ps.</font></div>
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        <td style="width: 8.3%; vertical-align: middle;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,460.8</font></div>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 2.34%; vertical-align: top;">&#160;</td>
        <td style="width: 2.14%; vertical-align: middle;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Ps.</font></div>
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          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,974.9</font></div>
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        <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 0.32%; vertical-align: top;">&#160;</td>
        <td style="width: 0.9%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
        <td style="width: 2.02%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.2%; vertical-align: top;">&#160;</td>
        <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 34.56%; vertical-align: bottom;">
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        <td style="width: 0.78%; vertical-align: top;">&#160;</td>
        <td style="width: 3.43%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 8.62%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">344.3</font></div>
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        <td style="width: 0.93%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        <td style="width: 1.94%; vertical-align: top;">&#160;</td>
        <td style="width: 3.38%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
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  <div style="text-align: left; margin-top: 12pt; margin-bottom: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
