<SEC-DOCUMENT>0000895345-20-000797.txt : 20200710
<SEC-HEADER>0000895345-20-000797.hdr.sgml : 20200710
<ACCEPTANCE-DATETIME>20200710083147
ACCESSION NUMBER:		0000895345-20-000797
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200707
FILED AS OF DATE:		20200710
DATE AS OF CHANGE:		20200710

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:		201021920

	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>jw6k2qfinanshort2020_grupo.htm
<TEXT>
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  <div style="text-align: center; margin-top: 4pt;"><font style="font-size: 18pt; font-weight: bold;">UNITED STATES</font></div>
  <div style="text-align: center;"><font style="font-size: 18pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</font></div>
  <div style="text-align: center;"><font style="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-weight: bold;">FORM 6-K</font></div>
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  <div style="text-align: center; margin-top: 12pt;"><font style="font-weight: bold;">REPORT OF FOREIGN ISSUER</font></div>
  <div style="text-align: center;"><font style="font-weight: bold;">PURSUANT TO RULES 13a-16 OR 15d-16</font></div>
  <div style="text-align: center;"><font style="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-weight: bold;">For the month of July, 2020</font></div>
  <div style="text-align: center; margin-top: 12pt; margin-bottom: 10pt;"><font style="font-weight: bold;"> <br>
    </font></div>
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      <hr noshade="noshade" align="center" style="height: 2px; width: 100%; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"><font style="font-family: 'Times New Roman',Times,serif;">&#160;</font><font style="font-family: 'Times New Roman', serif; font-size: 24pt; font-weight: bold;">GRUPO TELEVISA, S.A.B.</font></div>
  </div>
  <div style="text-align: center;"><font style="font-weight: bold;">(Translation of registrant&#8217;s name into English)</font></div>
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    <div style="text-align: center; margin-bottom: 2pt;">&#160;</div>
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  <div style="text-align: center; margin-top: 12pt;"><font style="font-weight: bold;">Av. Vasco de Quiroga No. 2000, Colonia Santa Fe 01210 Mexico City, Mexico</font></div>
  <div style="text-align: center;"><font style="font-weight: bold;">(Address of principal executive offices)</font></div>
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  <div style="text-align: left; margin-top: 12pt;">(Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.)</div>
  <div style="text-align: center; margin-top: 12pt;">Form 20-F &#9746; Form 40-F &#9744; </div>
  <div style="text-align: left; margin-top: 12pt;">(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).)</div>
  <div style="text-align: center; margin-top: 12pt;">Yes &#9744; No &#9746;&#160;</div>
  <div style="text-align: left; margin-top: 12pt;">(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).)</div>
  <div style="text-align: center; margin-top: 12pt;">Yes &#9744; No &#9746;&#160;&#160;</div>
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              <div style="text-align: right; font-family: Arial,Helvetica,'sans-serif'; font-size: 14pt; background-color: rgb(255, 255, 255); font-weight: normal; color: rgb(106, 106, 106); font-style: normal; font-variant: normal; text-transform: none;">Investor





                Relations</div>
              <font style="background-color: rgb(255, 255, 255); font-weight: normal; color: rgb(106, 106, 106); font-family: Arial,Helvetica,'sans-serif'; font-size: 14pt; font-style: normal; font-variant: normal; text-transform: none;"> </font></div>
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              RELEASE</div>
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  <div style="text-align: center; margin-bottom: 10pt; font-family: Arial,Helvetica,'sans-serif'; font-size: 14pt; font-weight: bold;">Televisa Reports Second Quarter 2020 Results</div>
  <font style="font-family: Arial,Helvetica,'sans-serif';"></font>
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    <div style="text-align: justify; font-family: Arial,Helvetica,'sans-serif'; font-size: 11pt; font-weight: bold;"><u>Consolidated</u></div>
    <div style="text-align: justify; font-family: Arial,Helvetica,'sans-serif'; font-weight: bold;"><u> <br>
      </u></div>
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              <div style="margin: 0px 0px 10pt; text-align: justify;">Revenues reached Ps.22.4 billion</div>
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              <div style="margin: 0px 0px 10pt; text-align: justify;">Operating Segment Income (&#8220;OSI&#8221;) margin reached 35.8%</div>
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              <div style="margin: 0px 0px 10pt; text-align: justify;">Standard &amp; Poor&#180;s and Fitch Ratings ratified Televisa&#8217;s BBB+ ratings</div>
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              <div style="margin: 0px 0px 10pt; text-align: justify;">Strong demand for connectivity services due to social distancing policies</div>
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            <td style="width: auto; vertical-align: top; font-family: Arial,Helvetica,'sans-serif'; font-size: 11pt;">
              <div style="text-align: justify;">Other Businesses segment significantly impacted by the shut down of the economy</div>
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    <div style="text-align: justify; font-family: Arial,Helvetica,'sans-serif'; font-weight: bold;"><u> <br>
      </u></div>
    <div style="text-align: justify; font-family: Arial,Helvetica,'sans-serif'; font-size: 11pt; font-weight: bold;"><u>Cable</u></div>
    <div style="text-align: justify; font-family: Arial,Helvetica,'sans-serif'; font-weight: bold;"><u> <br>
      </u></div>
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      <table cellspacing="0" cellpadding="0" id="z5d048bd0e745475ea258c89077ffb658" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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              <div style="margin-left: 18pt;">&#8226;</div>
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            <td style="width: auto; vertical-align: top; font-family: Arial,Helvetica,'sans-serif'; font-size: 11pt;">
              <div style="margin: 0px 0px 10pt; text-align: justify;">Record growth of 494 thousand Revenue Generating Units (&#8220;RGUs&#8221;)</div>
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              <div style="margin: 0px 0px 10pt; text-align: justify;">New record in broadband RGUs net adds of 252 thousand for a single quarter</div>
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              <div style="margin-left: 18pt;">&#8226;</div>
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              <div style="margin: 0px 0px 10pt; text-align: justify;">Strong top line growth of 10.7% and OSI growth of 4.1%</div>
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            <td style="width: auto; vertical-align: top; font-family: Arial,Helvetica,'sans-serif'; font-size: 11pt;">
              <div style="text-align: justify;">Launched <font style="font-style: italic;">izzi M&#243;vil</font>, a MVNO (Mobile Virtual Network Operator)</div>
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    <div style="text-align: justify; font-family: Arial,Helvetica,'sans-serif'; font-weight: bold;"><u><font style="font-size: 11pt;"> </font><br>
      </u></div>
    <div style="text-align: justify; font-family: Arial,Helvetica,'sans-serif'; font-size: 11pt; font-weight: bold;"><u>Sky</u></div>
    <div style="text-align: justify; font-family: Arial,Helvetica,'sans-serif'; font-weight: bold;"><u> <br>
      </u></div>
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      <table cellspacing="0" cellpadding="0" id="z48bedb5664cc4988941c1ee96e42385e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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            <td style="width: auto; vertical-align: top; font-family: Arial,Helvetica,'sans-serif'; font-size: 11pt;">
              <div style="margin: 0px 0px 10pt; text-align: justify;">72 thousand new broadband RGUs reaching over 500 thousand</div>
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              <div style="margin-left: 18pt;">&#8226;</div>
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            <td style="width: auto; vertical-align: top; font-family: Arial,Helvetica,'sans-serif'; font-size: 11pt;">
              <div style="margin: 0px 0px 10pt; text-align: justify;">5th consecutive quarter of growth in video RGUs after adding 20 thousand</div>
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              <div style="margin-left: 18pt;">&#8226;</div>
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              <div style="margin: 0px 0px 10pt; text-align: justify;">Revenues grew 3.1%, the fastest pace of growth in 13 quarters</div>
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            <td style="width: auto; vertical-align: top; font-family: Arial,Helvetica,'sans-serif'; font-size: 11pt;">
              <div style="text-align: justify;">OSI resumed growth, reaching Ps.2.3 billion</div>
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    <div style="text-align: justify; font-family: Arial,Helvetica,'sans-serif'; font-weight: bold;"><u> <br>
      </u></div>
    <div style="text-align: justify; font-family: Arial,Helvetica,'sans-serif'; font-weight: bold;"><u>Content</u></div>
    <div style="text-align: justify; font-family: Arial,Helvetica,'sans-serif'; font-weight: bold;"><u> <br>
      </u></div>
    <div style="text-align: justify; font-family: Arial,Helvetica,'sans-serif'; font-weight: bold;">
      <div style="font-weight: bold;"><u> <br>
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                <div style="margin-left: 18pt;">&#8226;</div>
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              <td style="width: auto; vertical-align: top; font-family: Arial,Helvetica,'sans-serif'; font-size: 11pt;">
                <div style="margin: 0px 0px 10pt; text-align: justify;">Audience growth y-o-y of 18%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> in our flagship network</div>
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                <div style="margin: 0px 0px 10pt; text-align: justify;">Advertising revenue drop of 33.1% due to shut down of economy</div>
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                <div style="margin-left: 18pt;">&#8226;</div>
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                <div style="margin: 0px 0px 10pt; text-align: justify;">Revenues were down 16.3% and OSI margin reached 30.9%</div>
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              <td style="width: auto; vertical-align: top; font-family: Arial,Helvetica,'sans-serif'; font-size: 11pt;">
                <div style="text-align: justify;">Savings from cost and expenses reduction program of Ps.462 million</div>
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        </div>
        <br>
        <div style="text-align: left; font-size: 8pt;"> <br>
        </div>
        <div style="text-align: left; font-size: 8pt;">
          <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
      </div>
    </div>
  </div>
  <div><font style="font-family: Arial,Helvetica,'sans-serif';"><br>
    </font> </div>
  <div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: center; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Earnings Call Date and Time: Wednesday, July 8, 2020, at 10:00 A.M. ET.</div>
      <div style="text-align: center; font-family: Arial, Helvetica, sans-serif; font-weight: bold;"> <br>
      </div>
      <div style="text-align: center; font-family: Arial, Helvetica, sans-serif; font-weight: bold;"><font style="font-weight: normal;">Conference ID # is 8059865</font><font style="font-weight: normal;"><br>
        </font></div>
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="margin: 0px 0px 0px 0pt; font-family: Arial, Helvetica, 'sans-serif'; text-align: center;">From the U.S.: +1 (877) 850 2115&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; From Mexico: 800 926 9157</div>
      <div style="text-align: center; font-family: Arial, Helvetica, sans-serif;">International callers: +1 (478) 219 0648&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; Rebroadcast: +1 (404) 537-3406</div>
      <div><br>
      </div>
      <div style="text-align: center; font-family: Arial;">The teleconference will be rebroadcast starting at 13:00 ET on July 8 through midnight on July 22.</div>
    </div>
  </div>
  <div><br>
  </div>
  <hr noshade="noshade" align="left" style="text-align: left; background-color: #000000; border: 0px; height: 1px; width: 2in; margin-left: 0pt; margin-right: auto; color: #000000;">
  <div style="text-align: left; font-family: Arial,Helvetica,'sans-serif'; font-size: 8pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup>&#160;Source: Nielsen. P4+, Monday to Sunday, 16:30 to 23:00</div>
  <br>
  <div style="background-color: #FFFFFF;"><br>
    <div style="text-align: left;"><font style="font-family: 'Times New Roman',Times,serif;"> <br>
      </font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt; font-family: Arial;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">1</font></div>
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
  </div>
  <div>
    <div style="text-align: center; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; font-weight: bold;">Consolidated Results</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;"><font style="font-weight: bold;">Mexico City, July 7, 2020</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 2020. The results have been prepared in accordance with International Financial Reporting Standards (&#8220;IFRS&#8221;).</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">The following table sets forth condensed consolidated statements of income for the quarters ended June 30, 2020 and 2019, in millions of Mexican pesos:</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z2ffa420b008e4132890e62fb468c8a30" style="font-family: Arial, Helvetica, sans-serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 48.32%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);" rowspan="2">
            <div style="font-weight: bold;">&#160;</div>
          </td>
          <td style="width: 9.07%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" rowspan="2">
            <div style="text-align: right; font-style: italic; font-weight: bold;">2Q&#8217;20</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Margin</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" rowspan="2">
            <div style="text-align: right; font-style: italic; font-weight: bold;">2Q&#8217;19</div>
          </td>
          <td style="width: 9.26%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Margin</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Change</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
          <td style="width: 9.26%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
        </tr>
        <tr>
          <td style="width: 48.32%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Net sales</div>
          </td>
          <td style="width: 9.07%; vertical-align: middle;">
            <div style="text-align: right;">22,407.2</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">100.0</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">24,307.6</div>
          </td>
          <td style="width: 9.26%; vertical-align: middle;">
            <div style="text-align: right;">100.0</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">(7.8)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 48.32%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Net income</div>
          </td>
          <td style="width: 9.07%; vertical-align: middle;">
            <div style="text-align: right;">1,989.4</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">8.9</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">1,263.4</div>
          </td>
          <td style="width: 9.26%; vertical-align: middle;">
            <div style="text-align: right;">5.2</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">57.5</div>
          </td>
        </tr>
        <tr>
          <td style="width: 48.32%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Net income attributable to stockholders of the Company</div>
          </td>
          <td style="width: 9.07%; vertical-align: middle;">
            <div style="text-align: right;">1,739.5</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">7.8</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">919.1</div>
          </td>
          <td style="width: 9.26%; vertical-align: middle;">
            <div style="text-align: right;">3.8</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">89.3</div>
          </td>
        </tr>
        <tr>
          <td style="width: 48.32%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Segment net sales</div>
          </td>
          <td style="width: 9.07%; vertical-align: middle;">
            <div style="text-align: right;">24,131.2</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">100.0</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">25,339.5</div>
          </td>
          <td style="width: 9.26%; vertical-align: middle;">
            <div style="text-align: right;">100.0</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">(4.8)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 48.32%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Operating segment income <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 9.07%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right;">8,636.3</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right;">35.8</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right;">9,856.4</div>
          </td>
          <td style="width: 9.26%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right;">38.9</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right;">(12.4)</div>
          </td>
        </tr>

    </table>
    <div>
      <table cellspacing="0" cellpadding="0" id="zc84fb97eb2c442498e8543382025b107" class="DSPFListTable" style="font-family: Arial, Helvetica, sans-serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 14.2pt; vertical-align: top; align: right;">
              <div style="font-size: 8pt;">(1)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="font-family: Arial, Helvetica, 'sans-serif'; font-size: 8pt; text-indent: 0pt;">The operating segment income margin is calculated as a percentage of segment net sales.</div>
            </td>
          </tr>

      </table>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Net sales decreased by 7.8% to Ps.22,407.2 million in second-quarter 2020 compared with Ps.24,307.6 million in second-quarter 2019. This decrease was mainly attributable to a
      decline in Advertising sales and in Other Businesses. Operating segment income decreased by 12.4% to Ps.8,636.3 million with a margin of 35.8%, due to the decline in operating segment income of Content and Other Businesses segments.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Net income attributable to stockholders of the Company increased to Ps.1,739.5 million in second-quarter 2020 compared to Ps.919.1 million in second-quarter 2019.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">The net increase of Ps.820.4 million reflected:</div>
    <div><br>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="ze3a056b768c148c191fb23b9e10ae843" class="DSPFListTable" style="font-family: Arial, Helvetica, sans-serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt;">i.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify;">a Ps.2,179.6 million decrease in finance expense, net; and</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zce9e909b723d4419a0e0a259ba0909ef" class="DSPFListTable" style="font-family: Arial, Helvetica, sans-serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt;">ii.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="font-family: Arial, Helvetica, 'sans-serif'; text-align: justify; text-indent: 0pt;">a Ps.94.4 million decrease in net income attributable to non-controlling interests.</div>
            </td>
          </tr>

      </table>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">These favorable variances were partially offset by:</div>
    <div><br>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="ze172ef746b92453a806db838615c5b83" class="DSPFListTable" style="font-family: Arial, Helvetica, sans-serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt;">i.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify;">a Ps.1,251.4 million decrease in operating income before depreciation and amortization and other expense, net;</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z2f21c352f32b4bcb89159518d431d7d2" class="DSPFListTable" style="font-family: Arial, Helvetica, sans-serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt;">ii.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="font-family: Arial, Helvetica, 'sans-serif'; text-align: justify; text-indent: 0pt;">a Ps.154.9 million increase in depreciation and amortization;</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z087fa9d1a45640ad8b8caaca849c4a1c" class="DSPFListTable" style="font-family: Arial, Helvetica, sans-serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt;">iii.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="font-family: Arial, Helvetica, 'sans-serif'; text-align: justify; text-indent: 0pt;">a Ps.10.5 million increase in other expense, net;</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z01ee39c1ca13448ca08cc8300dcdeee7" class="DSPFListTable" style="font-family: Arial, Helvetica, sans-serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt;">iv.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="font-family: Arial, Helvetica, 'sans-serif'; text-align: justify; text-indent: 0pt;">a Ps.26.2 million decrease in share of income of associates and joint ventures, net; and</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z9ed9437a0d6e45c8bd2373097fd84896" class="DSPFListTable" style="font-family: Arial, Helvetica, sans-serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt;">v.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="font-family: Arial, Helvetica, 'sans-serif'; text-align: justify; text-indent: 0pt;">a Ps.10.6 million increase in income taxes.</div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-family: Arial; font-weight: normal; font-style: normal;">2</font></div>
    <div style="page-break-after: always;" id="DSPFPageBreak">
      <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-weight: bold;"> <br>
    </font></div>
  <div style="text-align: left;"><br>
    <div style="text-align: center; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; font-weight: bold;">Second-quarter Results by Business Segment</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">The following table presents second-quarter consolidated results ended June 30, 2020 and 2019, for each of our business segments. Consolidated results for second-quarter 2020
      and 2019 are presented in millions of Mexican pesos.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zaef03bd923d043bc9cc2dabc5f581ca9" style="font-family: Arial, Helvetica, sans-serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 46%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="margin-left: 4pt; font-style: italic; font-weight: bold;">Net Sales</div>
          </td>
          <td style="width: 12.09%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">2Q&#8217;20</div>
          </td>
          <td style="width: 9.95%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
          <td style="width: 12.07%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">2Q&#8217;19</div>
          </td>
          <td style="width: 9.95%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">&#160;%</div>
          </td>
          <td style="width: 9.95%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Change</div>
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Cable</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">11,308.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">46.9</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right;">10,215.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">40.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">10.7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Sky</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">5,514.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">22.9</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right;">5,348.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">21.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">3.1</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Content</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">6,740.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">27.9</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right;">8,050.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">31.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(16.3)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Other Businesses</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">567.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">2.3</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right;">1,725.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">6.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(67.1)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt; font-weight: bold;">Segment Net Sales</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold;">24,131.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold;">100.0</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold;">25,339.5</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold;">100.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(4.8)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Intersegment Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">(1,799.8)</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;">(1,252.7)</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: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt; font-weight: bold;">Net Sales</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">22,331.4</div>
          </td>
          <td style="width: 9.95%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div>&#160;</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">24,086.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div>&#160;</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right;">(7.3)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Held-for-sale Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;</sup><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup></div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">75.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">n/a</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right;">220.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">n/a</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(65.7)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt; font-weight: bold;">Net Sales</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">22,407.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">&#160;</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">24,307.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">&#160;</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">(7.8)</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zd4949521409c4015ad095e3bc4fa7b6f" style="font-family: Arial, Helvetica, sans-serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 45.99%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="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: 12.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">2Q&#8217;20</div>
          </td>
          <td style="width: 9.95%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Margin</div>
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
          <td style="width: 12.09%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">2Q&#8217;19</div>
          </td>
          <td style="width: 9.95%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Margin</div>
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
          <td style="width: 9.95%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Change</div>
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt;">Cable</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">4,656.5</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">41.2</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">4,473.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">43.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">4.1</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt;">Sky</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">2,321.4</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">42.1</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">2,305.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">43.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">0.7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt;">Content</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">2,080.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">30.9</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">2,928.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">36.4</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(28.9)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt;">Other Businesses</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">(422.4)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(74.5)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">148.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">8.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">n/a</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt; font-weight: bold;">Operating Segment Income</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">8,636.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">35.8</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">9,856.4</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">38.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">(12.4)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt;">Corporate Expenses</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">(366.0)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(1.5)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">(439.2)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(1.7)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">16.7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt;">Depreciation and Amortization</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">(5,234.1)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(23.4)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">(5,079.2)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(20.9)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(3.0)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt;">Other Expense, net</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">(293.5)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(1.3)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">(283.0)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(1.2)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(3.7)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Intersegment Operations</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">(19.9)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(0.1)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">(16.7)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(0.1)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(19.2)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Held-for-sale Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;</sup><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup></div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">(29.6)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">n/a</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">71.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">n/a</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">n/a</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt; font-weight: bold;">Operating Income</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">2,693.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">12.0</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">4,110.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">16.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold;">(34.5)</div>
          </td>
        </tr>

    </table>
    <div style="text-align: justify; margin-right: 22.5pt; margin-left: 28.35pt; font-family: Arial, Helvetica, sans-serif;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> For segment reporting purposes, intersegment operations are included in each of the segment operations.</div>
    <div style="text-align: justify; margin-right: 22.5pt; margin-left: 28.35pt; font-family: Arial, Helvetica, sans-serif;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup> The assets and related liabilities of the Radio business are classified as held for sale in the Company&#8217;s consolidated
      statement of financial position as of June 30, 2020 and December 31, 2019. Accordingly, the net sales and the operating segment income associated with the Radio business, which was part of the Company&#8217;s Other Businesses segment, are presented
      separately as held-for-sale operations for the quarters ended June 30, 2020 and 2019. The sale of the Radio business was concluded on July 2<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">nd</sup>, 2020.</div>
    <div style="text-align: justify; margin-right: 22.5pt; margin-left: 28.35pt; font-family: Arial, Helvetica, sans-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.</div>
    <div style="text-align: justify; margin-right: 22.5pt; margin-left: 28.35pt;"><font style="font-family: Arial, Helvetica, sans-serif;"> </font><br>
    </div>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-family: Arial; font-weight: normal; font-style: normal;">3</font></div>
    <div style="page-break-after: always;" id="DSPFPageBreak">
      <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>
    <div style="text-align: center; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; font-weight: bold;">Cable</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;"><font style="font-weight: bold;">Total net additions for the quarter</font> were approximately 494.1 thousand RGUs. Quarterly growth was mainly driven by record broadband net
      additions of 252.2 thousand and voice net additions of 214.5 thousand. Video net additions increased by 27.4 thousand. The following table sets forth the breakdown of RGUs per service type for our Cable segment as of June 30, 2020 and 2019.</div>
    <div><br>
    </div>
  </div>
  <div><br>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" id="zdf73e368605e4d4dbe8936533e19c088" style="width: 60%; color: #000000; font-family: Arial, Helvetica, 'sans-serif'; font-size: 10pt; text-align: left;">

        <tr>
          <td style="width: 24.13%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">RGUs</div>
          </td>
          <td style="width: 24.25%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); text-align: right;">
            <div style="font-family: Arial,Helvetica,sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;20 Net Adds</div>
          </td>
          <td style="width: 24.25%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); text-align: right;">
            <div style="font-family: Arial,Helvetica,sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;20</div>
          </td>
          <td style="width: 27.38%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); text-align: right;">
            <div style="font-family: Arial,Helvetica,sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;19</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.13%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif;">Video</div>
          </td>
          <td style="width: 24.25%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">27,420</div>
          </td>
          <td style="width: 24.25%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">4,335,478</div>
          </td>
          <td style="width: 27.38%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">4,387,007</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.13%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif;">Broadband</div>
          </td>
          <td style="width: 24.25%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">252,174</div>
          </td>
          <td style="width: 24.25%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">5,069,277</div>
          </td>
          <td style="width: 27.38%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">4,640,275</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.13%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif;">Voice</div>
          </td>
          <td style="width: 24.25%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">214,528</div>
          </td>
          <td style="width: 24.25%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">3,998,047</div>
          </td>
          <td style="width: 27.38%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">3,385,387</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.13%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Total RGUs</div>
          </td>
          <td style="width: 24.25%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">494,122</div>
          </td>
          <td style="width: 24.25%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">13,402,802</div>
          </td>
          <td style="width: 27.38%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">12,412,669</div>
          </td>
        </tr>

    </table>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify;"><br>
    <div style="font-family: Arial, Helvetica, sans-serif;"><font style="font-weight: bold;">Second-quarter sales</font> increased by 10.7% to Ps.11,308.8 million compared with Ps.10,215.7 million in second-quarter 2019 driven by solid net additions in
      broadband and voice.</div>
    <div><br>
    </div>
    <div style="font-family: Arial, Helvetica, sans-serif;"><font style="font-weight: bold;">Second-quarter operating segment income </font>increased by 4.1% to Ps.4,656.5 million compared with Ps.4,473.7 million in second-quarter 2019. Margin decreased
      by 260 basis points to 41.2% due to a number of reasons, such as strong growth in our lower-margin packages that are bundled with OTT services, promotions around fixed line portability, and promotions to drive a higher adoption of automatic recurring
      payments.</div>
    <div><font style="font-family: Arial, Helvetica, sans-serif;"> </font><br>
    </div>
    <div style="font-family: Arial, Helvetica, sans-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 2020 and 2019.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" id="zad4cd7ce008b49ff988b83e77685bfe3" style="width: 60%; color: #000000; font-family: Arial, Helvetica, 'sans-serif'; font-size: 10pt; text-align: left;">

        <tr>
          <td style="width: 37.6%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif;"><font style="font-weight: bold; font-style: italic;">MSO Operations</font>&#160;<sup style="font-style: italic; font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
            <div style="font-family: Arial, Helvetica, sans-serif;">Millions of Mexican pesos</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;20</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;19</div>
          </td>
          <td style="width: 17.61%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">Change %</div>
          </td>
        </tr>
        <tr>
          <td style="width: 37.6%; vertical-align: bottom; border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif;">Revenue</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">9,928.9</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">9,216.8</div>
          </td>
          <td style="width: 17.61%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">7.7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 37.6%; vertical-align: bottom; background-color: rgb(255, 255, 255); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif;">Operating Segment Income</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">4,174.3</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">4,059.8</div>
          </td>
          <td style="width: 17.61%; vertical-align: middle; background-color: #FFFFFF;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">2.8</div>
          </td>
        </tr>
        <tr>
          <td style="width: 37.6%; vertical-align: bottom; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif;">Margin (%)</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">42.0</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">44.0</div>
          </td>
          <td style="width: 17.61%; vertical-align: middle; background-color: #FFFFFF; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">&#160;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" id="z156ae784b53142c8b6a0790a50694dc6" style="width: 60%; color: #000000; font-family: Arial, Helvetica, 'sans-serif'; font-size: 10pt; text-align: left;">

        <tr>
          <td style="width: 37.6%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif;"><font style="font-weight: bold; font-style: italic;">Enterprise Operations </font><sup style="font-style: italic; font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
            <div style="font-family: Arial, Helvetica, sans-serif;">Millions of Mexican pesos</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;20</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;19</div>
          </td>
          <td style="width: 17.61%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">Change %</div>
          </td>
        </tr>
        <tr>
          <td style="width: 37.6%; vertical-align: bottom; border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif;">Revenue</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">1,789.0</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">1,412.8</div>
          </td>
          <td style="width: 17.61%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">26.6</div>
          </td>
        </tr>
        <tr>
          <td style="width: 37.6%; vertical-align: bottom; background-color: rgb(255, 255, 255); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif;">Operating Segment Income</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">625.9</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">521.9</div>
          </td>
          <td style="width: 17.61%; vertical-align: middle; background-color: #FFFFFF;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">19.9</div>
          </td>
        </tr>
        <tr>
          <td style="width: 37.6%; vertical-align: bottom; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif;">Margin (%)</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">35.0</div>
          </td>
          <td style="width: 22.39%; vertical-align: middle; background-color: #FFFFFF; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">36.9</div>
          </td>
          <td style="width: 17.61%; vertical-align: middle; background-color: #FFFFFF; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">&#160;</div>
          </td>
        </tr>

    </table>
    <div>
      <table cellspacing="0" cellpadding="0" id="z6bb52f3d5b484b819b9411459664a5d7" class="DSPFListTable" style="font-family: Arial, Helvetica, sans-serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 97px; vertical-align: top; font-size: 8pt; font-weight: normal;"></td>
            <td style="width: auto; vertical-align: top;"></td>
          </tr>

      </table>
    </div>
    <div style="font-family: Arial, Helvetica, sans-serif;">
      <table cellspacing="0" cellpadding="0" border="0" align="center" id="z1ebd378b4e8a4517ba417c720b211800" style="width: 70%; color: #000000; font-family: Arial, Helvetica, 'sans-serif'; font-size: 10pt; text-align: left;">

          <tr>
            <td style="vertical-align: top; width: 6.41%;">&#160;<font style="font-size: 8pt;">(1)</font>
              <div><br>
              </div>
            </td>
            <td style="margin: 0px 0px 0px 0pt; vertical-align: top; width: 93.59%; text-align: justify;"><font style="font-size: 8pt;">These results do not include consolidation adjustments of Ps.409.1 million in revenues nor Ps.143.7 million in operating
                segment income for second quarter 2020, neither the consolidation adjustments of Ps.413.9 million in revenues nor Ps.108.0 million in operating segment income for second quarter 2019. Consolidation adjustments are considered in the
                consolidated results of the Cable segment.</font></td>
          </tr>

      </table>
    </div>
    <div style="font-family: Arial, Helvetica, sans-serif;"> <br>
    </div>
    <div style="font-family: Arial, Helvetica, sans-serif;">Second-quarter sales and operating segment income in our MSO operations increased by 7.7% and 2.8%, respectively. Second-quarter sales and operating segment income in our Enterprise operations
      increased by 26.6% and 19.9%, respectively.</div>
    <div><br>
    </div>
    <div style="margin-bottom: 10pt; font-family: Arial, Helvetica, sans-serif;">On June 20th we launched <font style="font-style: italic;">izzi M&#243;vil</font>, an MVNO (Mobile Virtual Network Operation) that will use the network of Altan (<font style="font-style: italic;">Red Compartida </font>project).</div>
  </div>
  <div style="text-align: justify;"> <br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-family: Arial; font-weight: normal; font-style: normal;">4</font></div>
    <div style="page-break-after: always;" id="DSPFPageBreak">
      <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;"> <br>
  </div>
  <div>
    <div style="text-align: center; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; font-weight: bold;">Sky</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;"><font style="font-weight: bold;">During the quarter</font>, Sky continued growing its broadband business after adding 72.0 thousand broadband RGUs reaching a total of 502.4
      thousand broadband RGUs. In addition, Sky added 19.7 thousand video RGUs. This is the 5<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> consecutive quarter of video RGU net additions.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">The following table sets forth the breakdown of RGUs per service type for Sky as of June 30, 2020 and 2019.</div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;"> <br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">
      <table cellspacing="0" cellpadding="0" border="0" align="center" id="z14008c91955f4e61bc07cac093c27b03" style="width: 60%; color: #000000; font-family: Arial, Helvetica, 'sans-serif'; font-size: 10pt; text-align: left;">

          <tr>
            <td style="width: 24.13%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
              <div style="font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">RGUs</div>
            </td>
            <td style="width: 24.25%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); text-align: right;">
              <div style="font-family: Arial,Helvetica,sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;20 Net Adds</div>
            </td>
            <td style="width: 24.25%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); text-align: right;">
              <div style="font-family: Arial,Helvetica,sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;20</div>
            </td>
            <td style="width: 27.38%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); text-align: right;">
              <div style="font-family: Arial,Helvetica,sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;19</div>
            </td>
          </tr>
          <tr>
            <td style="width: 24.13%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
              <div style="font-family: Arial, Helvetica, sans-serif;">Video</div>
            </td>
            <td style="width: 24.25%; vertical-align: middle;">
              <div style="text-align: right; margin-right: 2.4pt; font-family: Arial, Helvetica, sans-serif;">19,693</div>
            </td>
            <td style="width: 24.25%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">7,457,162</div>
            </td>
            <td style="width: 27.38%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">7,393,726</div>
            </td>
          </tr>
          <tr>
            <td style="width: 24.13%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
              <div style="font-family: Arial, Helvetica, sans-serif;">Broadband</div>
            </td>
            <td style="width: 24.25%; vertical-align: middle;">
              <div style="text-align: right; margin-right: 2.4pt; font-family: Arial, Helvetica, sans-serif;">72,017</div>
            </td>
            <td style="width: 24.25%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">502,429</div>
            </td>
            <td style="width: 27.38%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">238,361</div>
            </td>
          </tr>
          <tr>
            <td style="width: 24.13%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
              <div style="font-family: Arial, Helvetica, sans-serif;">Voice</div>
            </td>
            <td style="width: 24.25%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">&#160;(107)</div>
            </td>
            <td style="width: 24.25%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">945</div>
            </td>
            <td style="width: 27.38%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">1,329</div>
            </td>
          </tr>
          <tr>
            <td style="width: 24.13%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
              <div style="font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Total RGUs</div>
            </td>
            <td style="width: 24.25%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">91,603</div>
            </td>
            <td style="width: 24.25%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">7,960,536</div>
            </td>
            <td style="width: 27.38%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">7,633,416</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;"> <br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">
      <div><font style="font-weight: bold;">Second-quarter sales</font> increased by 3.1% to Ps.5,514.7 million compared with Ps.5,348.1 million in second-quarter 2019, mainly explained by the growth in broadband RGUs.</div>
      <div><br>
      </div>
      <div><font style="font-weight: bold;">Second-quarter operating segment income</font> increased by 0.7%, reaching Ps.2,321.4 million compared with Ps.2,305.6 million in second-quarter 2019. The margin was 42.1%.</div>
      <div><br>
      </div>
      <div style="text-align: center; font-size: 12pt; font-weight: bold;">Content</div>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-weight: bold;">Second-quarter sales </font>decreased by 16.3% to Ps.<font style="font-size: 12pt;">&#160;</font>6,740.6 million compared with Ps.8,050.0 million in second-quarter 2019.</div>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" align="center" id="z6414ec6b1b27446fa64d369423a31b34" style="width: 80%; color: #000000; font-family: Arial, Helvetica, 'sans-serif'; font-size: 10pt; text-align: left;">

          <tr>
            <td style="width: 38.54%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
              <div style="font-family: Arial, Helvetica, sans-serif;">Millions of Mexican pesos</div>
            </td>
            <td style="width: 14.47%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;20</div>
            </td>
            <td style="width: 10.48%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">%</div>
            </td>
            <td style="width: 14.48%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;19</div>
            </td>
            <td style="width: 10.32%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">%</div>
            </td>
            <td style="width: 11.72%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">Change %</div>
            </td>
          </tr>
          <tr>
            <td style="width: 38.54%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
              <div style="font-family: Arial, Helvetica, sans-serif;">Advertising</div>
            </td>
            <td style="width: 14.47%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">2,922.2</div>
            </td>
            <td style="width: 10.48%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">43.3</div>
            </td>
            <td style="width: 14.48%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">4,370.3</div>
            </td>
            <td style="width: 10.32%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">54.3</div>
            </td>
            <td style="width: 11.72%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">(33.1)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 38.54%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
              <div style="font-family: Arial, Helvetica, sans-serif;">Network Subscription</div>
            </td>
            <td style="width: 14.47%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">1,400.7</div>
            </td>
            <td style="width: 10.48%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">20.8</div>
            </td>
            <td style="width: 14.48%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">1,206.0</div>
            </td>
            <td style="width: 10.32%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">15.0</div>
            </td>
            <td style="width: 11.72%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">16.1</div>
            </td>
          </tr>
          <tr>
            <td style="width: 38.54%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
              <div style="font-family: Arial, Helvetica, sans-serif;">Licensing and Syndication</div>
            </td>
            <td style="width: 14.47%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">2,417.7</div>
            </td>
            <td style="width: 10.48%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">35.9</div>
            </td>
            <td style="width: 14.48%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">2,473.7</div>
            </td>
            <td style="width: 10.32%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">30.7</div>
            </td>
            <td style="width: 11.72%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">(2.3)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 38.54%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
              <div style="font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Net Sales</div>
            </td>
            <td style="width: 14.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">6,740.6</div>
            </td>
            <td style="width: 10.48%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">&#160;</div>
            </td>
            <td style="width: 14.48%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">8,050.0</div>
            </td>
            <td style="width: 10.32%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">&#160;</div>
            </td>
            <td style="width: 11.72%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">(16.3)</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="font-weight: bold;">Advertising</div>
      <div><br>
      </div>
      <div>Second-quarter Advertising sales decreased by 33.1% to Ps.2,922.2 million compared with Ps.4,370.3 million in second-quarter 2019. The decrease in sales is explained by a significant deterioration in the Mexican economy due to COVID-19 that
        resulted in a reduction of advertising budgets in many categories, such as Food and Beverage, Retail, Telecom, Travel, and Out-of-Home Entertainment.</div>
      <div><br>
      </div>
      <div style="text-align: left; font-weight: bold;">Network Subscription</div>
      <div><br>
      </div>
      <div>Second-quarter Network Subscription sales increased by 16.1% to Ps.1,400.7 million compared with Ps.1,206.0 million in second-quarter 2019. This growth is mainly related to the increase in the price we charge our affiliate distributors for our
        pay TV networks and to the favorable impact of the depreciation of the Mexican peso on our dollar-denominated revenues.</div>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;"> <br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;"> <br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;"> <br>
    </div>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt; font-family: Arial;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">5</font></div>
    <div style="page-break-after: always;" id="DSPFPageBreak">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Licensing and Syndication</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Second-quarter Licensing and Syndication sales decreased by 2.3% to Ps.2,417.7 million from Ps.2,473.7 million in second-quarter 2019. We estimate that royalties from
      Univision reached U.S.$79.7 million in second-quarter 2020 compared to U.S.$99.6 million in second-quarter 2019. This decrease in royalties is mainly explained by the impact that COVID-19 had in advertising budgets in the US. The depreciation of the
      Mexican peso partially compensated the decrease in royalties.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;"><font style="font-weight: bold;">Second-quarter operating segment income </font>decreased by 28.9% to Ps.2,080.8 million compared with Ps.2,928.3 million in second-quarter
      2019. This decrease is mainly explained by the drop in advertising sales. The margin was 30.9%.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; font-weight: bold;">Other Businesses</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;"><font style="font-weight: bold;">Second-quarter sales </font>decreased by 67.1% to Ps.567.1 million compared with Ps.1,725.7 million in second-quarter 2019. The decrease is
      mainly explained by a decline in revenues in our soccer, gaming, publishing and film distribution businesses due to the measures triggered by the outbreak of COVID-19, which included the suspension of activities in some businesses of this segment,
      including gaming and sports.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;"><font style="font-weight: bold;">Second-quarter operating segment loss</font> was Ps.422.4 million compared with an income of Ps.148.8 million in second-quarter 2019.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Corporate Expense</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Corporate expense decreased by Ps.73.2 million, or 16.7%, to Ps.366.0 million in second-quarter 2020, from Ps.439.2 million in second-quarter 2019. The decrease reflected
      primarily a lower share-based compensation expense.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Share-based compensation expense in second-quarter 2020 and 2019 amounted to Ps.193.9 million and Ps.251.8 million, respectively, and was accounted for as corporate expense.
      Share-based compensation expense is measured at fair value at the time the equity benefits are conditionally sold to officers and employees, and is recognized over the vesting period.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Other Expense, Net</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Other expense, net, increased by Ps.10.5 million, or 3.7%, to Ps.293.5 million in second-quarter 2020, from Ps.283.0 million in second-quarter 2019. The favorable change in
      cash Other expense, net, reflected primarily a one-time cash reimbursement in connection to Imagina Media Audiovisual, S.L., a former associate of the Company, partially offset by higher non-recurring severance expenses, and higher expenses related
      to legal and financial advisory professional services.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">The increase in non-cash Other expense, net, reflected primarily a higher loss on disposition of property and equipment.</div>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-family: Arial; font-weight: normal; font-style: normal;">6</font></div>
    <div style="page-break-after: always;" id="DSPFPageBreak">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">The following table sets forth the breakdown of cash and non-cash other income (expense), net, stated in millions of Mexican pesos, for the three months ended June 30, 2020
      and 2019.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" id="z3180bbc60ba147ac9ec5dde15e3b5de1" style="width: 60%; color: #000000; font-family: Arial, Helvetica, 'sans-serif'; font-size: 10pt; text-align: left;">

        <tr>
          <td style="width: 45.25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">Other income (expense), net</div>
          </td>
          <td style="width: 21.63%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;20</div>
          </td>
          <td style="width: 33.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;19</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.25%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif;">Cash</div>
          </td>
          <td style="width: 21.63%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">3.2</div>
          </td>
          <td style="width: 33.12%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">(257.6)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif;">Non-cash</div>
          </td>
          <td style="width: 21.63%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">(296.7)</div>
          </td>
          <td style="width: 33.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">(25.4)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Total</div>
          </td>
          <td style="width: 21.63%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">(293.5)</div>
          </td>
          <td style="width: 33.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">(283.0)</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: left; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Finance Expense, Net</div>
    <div><br>
    </div>
    <div style="text-align: justify; margin-right: 2.15pt; font-family: Arial, Helvetica, sans-serif;">The following table sets forth finance (expense) income, net, stated in millions of Mexican pesos for the quarters ended June 30, 2020 and 2019.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" id="z5c9266973d764c118af369d46b7083f8" style="width: 80%; color: #000000; font-family: Arial, Helvetica, 'sans-serif'; font-size: 10pt; text-align: left;">

        <tr>
          <td style="width: 52.46%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 14.97%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;20</div>
          </td>
          <td style="width: 16.75%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;19</div>
          </td>
          <td style="width: 15.82%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">(Increase)</div>
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">decrease</div>
          </td>
        </tr>
        <tr>
          <td style="width: 52.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Interest expense</div>
          </td>
          <td style="width: 14.97%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">(2,885.1)</div>
          </td>
          <td style="width: 16.75%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">(2,576.3)</div>
          </td>
          <td style="width: 15.82%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">(308.8)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 52.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Interest income</div>
          </td>
          <td style="width: 14.97%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">451.8</div>
          </td>
          <td style="width: 16.75%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">349.0</div>
          </td>
          <td style="width: 15.82%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">102.8</div>
          </td>
        </tr>
        <tr>
          <td style="width: 52.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Foreign exchange gain, net</div>
          </td>
          <td style="width: 14.97%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">2,351.2</div>
          </td>
          <td style="width: 16.75%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">325.0</div>
          </td>
          <td style="width: 15.82%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">2,026.2</div>
          </td>
        </tr>
        <tr>
          <td style="width: 52.46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Other finance expense, net</div>
          </td>
          <td style="width: 14.97%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">(6.8)</div>
          </td>
          <td style="width: 16.75%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">(366.2)</div>
          </td>
          <td style="width: 15.82%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">359.4</div>
          </td>
        </tr>
        <tr>
          <td style="width: 52.46%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Finance expense, net</div>
          </td>
          <td style="width: 14.97%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">(88.9)</div>
          </td>
          <td style="width: 16.75%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">(2,268.5)</div>
          </td>
          <td style="width: 15.82%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">2,179.6</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Finance expense, net, decreased by Ps.2,179.6 million, to Ps.88.9 million in second-quarter 2020 from Ps.2,268.5 million in second-quarter 2019.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">This favorable change reflected primarily:</div>
    <div><br>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z18c66f3bef364c9bae29efdc3c8051a1" class="DSPFListTable" style="font-family: Arial, Helvetica, sans-serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 54pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt;">(i)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify;">a Ps.2,026.2 million increase in foreign exchange gain, net, resulting primarily from the favorable effect of a 3.5% appreciation of the Mexican peso against the U.S. dollar in second-quarter 2020 compared
                with a 1.2% appreciation in second-quarter 2019, on a higher average net U.S. dollar liability position;</div>
            </td>
          </tr>

      </table>
    </div>
    <div><br>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z6cd992b95e1d4766af99e96b8c94a8d4" class="DSPFListTable" style="font-family: Arial, Helvetica, sans-serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 54pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt;">(ii)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify;">a Ps.359.4 million decrease in other finance expense, net, resulting from a lower loss in fair value of our derivative contracts in second-quarter 2020; and</div>
            </td>
          </tr>

      </table>
    </div>
    <div><br>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zefb9b1fe4e3e40358762c60d0daebc1d" class="DSPFListTable" style="font-family: Arial, Helvetica, sans-serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 54pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt;">(iii)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify;">a Ps.102.8 million increase in interest income explained primarily by a higher average amount of cash and cash equivalents in second-quarter 2020.</div>
            </td>
          </tr>

      </table>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; margin-bottom: 10pt; font-family: Arial, Helvetica, sans-serif;">These favorable variances were partially offset by a Ps.308.8 million increase in interest expense, primarily due to a higher average principal amount of
      debt in second-quarter 2020.</div>
  </div>
  <div><br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-family: Arial; font-weight: normal; font-style: normal;">7</font></div>
    <div style="page-break-after: always;" id="DSPFPageBreak">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <div>
    <div style="text-align: left; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Share of Income of Associates and Joint Ventures, Net</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Share of income of associates and joint ventures, net, decreased by Ps.26.2 million, or 16.0%, to Ps.137.6 million in second-quarter 2020 from Ps.163.8 million in
      second-quarter 2019. This decrease reflected mainly a lower share of the estimated income of Univision Holdings, Inc. (&#8220;UHI&#8221;), the controlling company of Univision Communications Inc., which was partially offset by a higher share of income of Ocesa
      Entretenimiento, S.A. de C.V. (&#8220;OCEN&#8221;), a live entertainment company in Mexico, Central America and Colombia, primarily in connection with a share of income related to the period in which we classified OCEN as a current asset held for sale.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Share of income of associates and joint ventures, net, for the second-quarter 2020, includes primarily our share of income of UHI and OCEN.</div>
    <div><br>
    </div>
    <div style="text-align: left; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Income Taxes</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Income taxes increased by Ps.10.6 million, or 1.4%, to Ps.752.5 million in second-quarter 2020 compared with Ps.741.9 million in second-quarter 2019. This increase reflected a
      higher income tax base, primarily in connection with the appreciation of the Mexican peso against the U.S. dollar in second-quarter 2020, which effect was offset by a lower effective income tax rate.</div>
    <div><br>
    </div>
    <div style="text-align: left; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Net Income Attributable to Non-controlling Interests</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Net income attributable to non-controlling interests decreased by Ps.94.4 million, or 27.4%, to Ps.249.9 million in second-quarter 2020, compared with Ps.344.3 million in
      second-quarter 2019. This decrease reflected primarily a lower portion of net income attributable to non-controlling interests in our Sky segment.</div>
    <div><br>
    </div>
    <div style="text-align: left; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Capital Expenditures</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">During second-quarter 2020, we invested approximately U.S.$196.4 million in property, plant and equipment as capital expenditures. The following table sets forth the breakdown
      by segment of capital expenditures for second-quarter 2020 and 2019.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" id="zb83d0e0319fe4fdd95e5038d0026a1e6" style="width: 60%; color: #000000; font-family: Arial, Helvetica, 'sans-serif'; font-size: 10pt; text-align: left;">

        <tr>
          <td style="width: 47.42%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Capital Expenditures</div>
            <div style="text-align: center; font-family: Arial, Helvetica, sans-serif;">Millions of U.S.$</div>
          </td>
          <td style="width: 24.81%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;20</div>
          </td>
          <td style="width: 27.77%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">2Q&#8217;19</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.42%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Cable</div>
          </td>
          <td style="width: 24.81%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">135.9</div>
          </td>
          <td style="width: 27.77%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">187.3</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.42%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Sky</div>
          </td>
          <td style="width: 24.81%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">53.8</div>
          </td>
          <td style="width: 27.77%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">38.0</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.42%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Content and Other Businesses</div>
          </td>
          <td style="width: 24.81%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">6.7</div>
          </td>
          <td style="width: 27.77%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif;">14.3</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.42%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Total</div>
          </td>
          <td style="width: 24.81%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">196.4</div>
          </td>
          <td style="width: 27.77%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">239.6</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">For the full year 2020, we maintain our guidance in capital expenditures is in the range of U.S.$750 million to U.S.$800 million.</div>
  </div>
  <div style="text-align: justify;"> <br>
  </div>
  <div style="text-align: justify;"> <br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-family: Arial; font-weight: normal; font-style: normal;">8</font></div>
    <div style="page-break-after: always;" id="DSPFPageBreak">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <div>
    <div style="text-align: left; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Debt, Lease Liabilities and Other Notes Payable</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">The following table sets forth our total consolidated debt, lease liabilities and other notes payable as of June 30, 2020 and December 31, 2019. Amounts are stated in millions
      of Mexican pesos.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" id="zb5b148d556e143159fdfdf5b3c7cee55" style="width: 90%; color: #000000; font-family: Arial, Helvetica, 'sans-serif'; font-size: 10pt; text-align: left;">

        <tr>
          <td style="width: 45.53%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 22.77%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">June 30, </div>
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">2020</div>
          </td>
          <td style="width: 16.32%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">December 31, </div>
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-style: italic; font-weight: bold;">2019</div>
          </td>
          <td style="width: 15.37%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); text-align: right;">
            <div style="font-family: Arial,Helvetica,sans-serif; font-style: italic; font-weight: bold;">Increase</div>
            <div><font style="font-weight: bold; font-style: italic;">(decrease) </font><br>
            </div>
          </td>
        </tr>
        <tr>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 45.53%; border-right: 2px solid rgb(0, 0, 0);">
            <div style="margin: 2pt 0px;">Current portion of long-term debt</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 22.77%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">617.0</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 16.32%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">491.9</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 15.37%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">125.1</div>
          </td>
        </tr>
        <tr>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 45.53%; border-right: 2px solid rgb(0, 0, 0);">
            <div style="margin: 2pt 0px;">Long-term debt, net of current portion</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 22.77%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">153,204.7</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 16.32%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">120,444.7</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 15.37%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">32,760.0</div>
          </td>
        </tr>
        <tr>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 45.53%; border-right: 2px solid rgb(0, 0, 0);">
            <div style="margin: 2pt 0px 2pt 22.05pt; font-weight: bold;">Total debt<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 22.77%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">153,821.7</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 16.32%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">120,936.6</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 15.37%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">32,885.1</div>
          </td>
        </tr>
        <tr>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 45.53%; border-right: 2px solid rgb(0, 0, 0);">
            <div style="margin: 2pt 0px;">Current portion of lease liabilities</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 22.77%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">1,486.3</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 16.32%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">1,257.8</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 15.37%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">228.5</div>
          </td>
        </tr>
        <tr>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 45.53%; border-right: 2px solid rgb(0, 0, 0);">
            <div style="margin: 2pt 0px;">Long-term lease liabilities, net of current portion</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 22.77%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">8,593.0</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 16.32%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">8,105.8</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 15.37%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">487.2</div>
          </td>
        </tr>
        <tr>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 45.53%; border-right: 2px solid rgb(0, 0, 0);">
            <div style="margin: 2pt 0px 2pt 22.05pt; font-weight: bold; text-align: justify;">Total lease liabilities</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 22.77%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">10,079.3</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 16.32%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">9,363.6</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 15.37%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">715.7</div>
          </td>
        </tr>
        <tr>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 45.53%; border-right: 2px solid rgb(0, 0, 0);">
            <div style="margin: 2pt 0px;">Current portion of other notes payable</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 22.77%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">-</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 16.32%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">1,324.1</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 15.37%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">(1,324.1)</div>
          </td>
        </tr>
        <tr>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 45.53%; border-right: 2px solid rgb(0, 0, 0);">
            <div style="margin: 2pt 0px 2pt 22.05pt; font-weight: bold;">Total other notes payable</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 22.77%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">-</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 16.32%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">1,324.1</div>
          </td>
          <td style="margin: 6pt 0px; vertical-align: middle; width: 15.37%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif;">(1,324.1)</div>
          </td>
        </tr>
        <tr>
          <td style="border-bottom: 2px solid; margin: 6pt 0px; vertical-align: middle; width: 45.53%; border-right: 2px solid rgb(0, 0, 0);">
            <div style="margin-left: 22.05pt; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Total debt, lease liabilities and other notes payable</div>
          </td>
          <td style="border-bottom: 2px solid; margin: 6pt 0px; vertical-align: middle; width: 22.77%;">
            <div style="text-align: right; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">163,901.0</div>
          </td>
          <td style="border-bottom: 2px solid; margin: 6pt 0px; vertical-align: middle; width: 16.32%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">131,624.3</div>
          </td>
          <td style="border-bottom: 2px solid; margin: 6pt 0px; vertical-align: middle; width: 15.37%;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">32,276.7</div>
          </td>
        </tr>

    </table>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;"><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> As of June 30, 2020 and December 31, 2019, total debt is presented net of finance costs in the amount of Ps.1,427.6
      million and Ps.1,441.6 million, respectively.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">As of June 30, 2020, our consolidated net debt position (total debt and lease liabilities, less cash and cash equivalents, temporary investments, and non-current investments
      in financial instruments) was Ps.109,037.5 million. As of June 30, 2020, the non-current investments in financial instruments amounted to an aggregate of Ps.9,381.7 million.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">On June 19, 2020 Standard &amp; Poor&#180;s Global Ratings ratified the BBB+ ratings for the Company and on June 24, 2020 Fitch Ratings also ratified the BBB+ ratings for the
      Company.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Radi&#243;polis</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">On July 2, 2020, we concluded the sale of our 50% equity stake in Sistema Radi&#243;polis, S.A. de C.V. (&#8220;Radi&#243;polis&#8221;) in the amount of Ps.1,248 million, of which Ps.713.4 million
      were paid in cash by the acquirer in the first half of 2020, and received the payment of a dividend from Radi&#243;polis in the amount of Ps.285.6 million. As of June 30, 2020, the consolidated net assets of Radi&#243;polis were presented as current assets and
      liabilities held for sale in our consolidated statement of financial position.</div>
  </div>
  <div><br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-family: Arial; font-weight: normal; font-style: normal;">9</font></div>
    <div style="page-break-after: always;" id="DSPFPageBreak">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <div>
    <div style="text-align: left; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Shares Outstanding</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">As of June 30, 2020 and December 31, 2019, our shares outstanding amounted to 329,940.8 million and 337,244.3 million shares, respectively, and our CPO equivalents outstanding
      amounted to 2,820.0 million and 2,882.4 million CPO equivalents, respectively. Not all of our shares are in the form of CPOs. The number of CPO equivalents is calculated by dividing the number of shares outstanding by 117.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">As of June 30, 2020 and December 31, 2019, the GDS (Global Depositary Shares) equivalents outstanding amounted to 564.0 million and 576.5 million GDS equivalents,
      respectively. The number of GDS equivalents is calculated by dividing the number of CPO equivalents by five.</div>
    <div><br>
    </div>
    <div style="text-align: left; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Sustainability</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">During second quarter 2020, the Organization of American States extended its recognition to Televisa for implementing a social responsibility campaign due to the contingency
      derived from the COVID-19 outbreak.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">In addition, the Company was selected as a constituent of the S&amp;P/BMV Total Mexico ESG Index, recently launched by S&amp;P Dow Jones and the Mexican Stock Exchange.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">Furthermore, Televisa was nominated by the 2020 Latin American Sustainable Leaders Agenda (ALAS20) initiative as "Leading Company in Sustainability" and "Leading Company in
      Corporate Governance&#8221;.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: left; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">COVID-19 Impact</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">The COVID-19 pandemic has affected our business, financial position and results of operations for the quarter ended June 30, 2020, and it is currently difficult to predict the
      degree of the impact on the third quarter and the remainder of 2020.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">We cannot guarantee that conditions in the bank lending, capital and other financial markets will not continue to deteriorate as a result of the pandemic, or that our access
      to capital and other sources of funding will not become constrained, which could adversely affect the availability and terms of future borrowings, renewals or refinancings. In addition, the deterioration of global economic conditions as a result of
      the pandemic may ultimately reduce the demand of our products across our segments as our clients and customers reduce or defer their spending.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">While the pandemic has evolved and some parts of Mexico have started to resume activities partially, a significant part of the population is still implementing social
      distancing and shelter-in-place policies. As a result, during the quarter ended June 30, 2020, this has affected, and is still affecting the ability of our employees, suppliers and customers to conduct their functions and businesses in their typical
      manner. The Mexican Government has established a plan to reactivate economic activities in accordance with color-based phases determined on a weekly basis in every state of the country. To this date, most of the country&#8217;s states are on phase red or
      orange, meaning most of non-essential economic activities remain closed or, in the case of orange, open with strict limitations. Furthermore, federal and local governments have also established guidelines for businesses re-openings, which may be
      burdensome or expensive to implement.&#160; Media and telecommunications are not included in the suspension as they are considered essential economic activities. We have continued operating our essential businesses uninterrupted to continue benefiting the
      country with connectivity, entertainment and information, while also promoting the &#8220;stay at home&#8221; policy whenever possible, in order to take safety and cautionary measures for our employees. To date, our "Stay at home with Televisa" campaign, which
      promotes serenity, entertainment and social cohesion among audiences and brands, has reached 46 million people.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">As described above, our Content business faced a significant reduction in the demand for advertising during the quarter ended June 30, 2020 and may continue to be affected by
      the reduction in the level of economic activity in the jurisdictions in which our customers are located. We are partially dependent on the demand for advertising from consumer-focused companies, and the COVID-19 pandemic has caused, and could further
      cause, advertisers to reduce, postpone or, in a few cases, eliminate their advertisement spending on our platforms. We have recently re-started our production of new content following the requirements and health guidelines imposed by the Mexican
      Government.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">In our Other Businesses segment, sporting and other entertainment events for which we have broadcast rights, or which we organize, promote and/or are located in venues we own,
      were suspended for most of the quarter ended June 30, 2020, but some of them have recently started to operate again. Moreover, during the quarter ended June 30, 2020, most of our non-essential businesses, including casinos, were closed. When local
      authorities start to approve the re-opening of these venues in the cities where we operate, rules will be enacted which may include capacity and operating hours restrictions; these may affect the results of our Other Businesses segment in the
      following months.&#160; As of this date, just one of our casinos has re-started operations.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif;">The magnitude of the impact on our business will depend on the duration and extent of the COVID-19 pandemic and the impact of federal, state, local and foreign governmental
      actions, including continued or future social distancing, and consumer behavior in response to the COVID-19 pandemic and such governmental actions. Due to the evolving and uncertain nature of this situation, we are not able to estimate the full
      extent of the impact of the COVID-19 pandemic, but it may continue affecting our business, financial position and results of operations over the near, medium or long-term.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: left; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Additional Information Available on Website</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-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, 2019, which are available on the &#8220;Reports and Filings&#8221; section of our investor relations website at televisair.com.</div>
    <div><br>
    </div>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-family: Arial; font-weight: normal; font-style: normal;">10</font></div>
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  </div>
  <div><br>
  </div>
  <div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">About Televisa</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-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 70 countries through 25 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, professional sports and live entertainment, feature- film production and distribution, and gaming.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Disclaimer</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-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. Statements contained in this release relating to the
      COVID-19 outbreak, the impact of which on our business performance and financial results remains inherently uncertain, are forward-looking statements.&#160; Readers are cautioned not to place undue reliance on these forward-looking statements, which speak
      only as of their dates. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial, Helvetica, sans-serif; font-style: italic;">(Please see attached tables for financial information and ratings data)</div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: Arial, Helvetica, sans-serif; font-style: italic;">###</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; font-weight: bold;">Contact Information</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Investor Relations</div>
    <div style="text-align: center; font-family: Arial, Helvetica, sans-serif;"><u>www.televisair.com.mx</u></div>
    <div style="text-align: center; font-family: Arial, Helvetica, sans-serif;">Tel: (52 55) 5261 2445</div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: Arial, Helvetica, sans-serif;">Carlos Madrazo. VP, Head of Investor Relations / <u>cmadrazov@televisa.com.mx</u></div>
    <div style="text-align: center; font-family: Arial, Helvetica, sans-serif;">Santiago Casado. Investor Relations Director. / <u>scasado@televisa.com.mx</u></div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: Arial, Helvetica, sans-serif; font-weight: bold;">Media Relations:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: Arial, Helvetica, sans-serif;">Rub&#233;n Acosta / Tel: (52 55) 5224 6420 / <u>racostamo@televisa.com.mx</u></div>
    <div style="text-align: center; font-family: Arial, Helvetica, sans-serif;">Teresa Villa / Tel: (52 55) 4438 1205 / <u>atvillas@televisa.com.mx</u></div>
    <div><br>
    </div>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-family: Arial; font-weight: normal; font-style: normal;">11</font></div>
    <div style="page-break-after: always;" id="DSPFPageBreak">
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  </div>
  <div>
    <div style="text-align: center; font-family: Arial,Helvetica,sans-serif; font-weight: bold;">GRUPO TELEVISA, S.A.B.</div>
    <div style="text-align: center; font-family: Arial,Helvetica,sans-serif; font-weight: bold;">CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION</div>
    <div style="text-align: center; font-family: Arial,Helvetica,sans-serif; font-weight: bold;">AS OF JUNE 30, 2020 AND DECEMBER 31, 2019</div>
    <div style="text-align: center; font-family: Arial,Helvetica,sans-serif; font-weight: bold;">(Millions of Mexican Pesos)</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: Arial,Helvetica,sans-serif; font-size: 10pt; text-align: left; color: rgb(0, 0, 0); width: 100%;" id="za667c71ad59a43c3b3ba184a82b63327">

        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 9pt;"> June 30,</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 9pt;">December 31,</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 9pt;"> 2020</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 9pt;">2019</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; padding-bottom: 2px;">
            <div style="text-indent: 76.55pt; font-size: 9pt; font-weight: bold;">ASSETS</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: center; font-size: 9pt;">(Unaudited)</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: center; font-size: 9pt;">(Audited)<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top;">
            <div style="font-size: 9pt;">Current assets:</div>
          </td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Cash and cash equivalents</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">45,481.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">27,452.3</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Trade notes and accounts receivable, net</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">22,927.1</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">14,486.2</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Other accounts and notes receivable, net</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">11,843.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">10,692.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Derivative financial instruments</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,438.7</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1.7</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Due from related parties</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">769.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">814.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Transmission rights and programming</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">6,259.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">6,479.3</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Inventories</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,290.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,151.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Contract costs</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,397.1</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,379.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Assets held for sale</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,675.1</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,675.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Other current assets</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">4,641.5</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">3,298.1</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px;">
            <div style="text-indent: 49.9pt; font-size: 9pt;">Total current assets</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">97,724.6</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">67,431.1</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt; width: 76%;">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="font-size: 9pt;">Non-current assets:</div>
          </td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Derivative financial instruments</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">25.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">2.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Transmission rights and programming</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">8,080.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">7,901.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Investments in financial instruments</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">29,658.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">44,265.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Investments in associates and joint ventures</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">6,453.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">9,762.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Property, plant and equipment, net</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">82,897.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">83,329.2</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Right-of-use assets</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">7,165.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">7,553.1</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Intangible assets, net</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">42,949.3</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">43,329.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Deferred income tax assets</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">31,840.1</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">24,185.1</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Contract costs</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">2,642.5</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">2,311.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Other assets</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">203.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">271.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px;">
            <div style="text-indent: 49.9pt; font-size: 9pt;">Total non-current assets</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">211,916.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">222,912.8</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 9pt;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 4px;">
            <div style="text-indent: 49.9pt; font-size: 9pt;">Total assets</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
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          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">309,641.4</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; font-size: 9pt;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
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          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">290,343.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; font-size: 9pt;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt; width: 76%;">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>

    </table>
    <div style="text-align: left; margin-top: 12pt; margin-bottom: 12pt; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;"><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">1 </sup>Our 40% equity interest in OCEN in the amount of Ps.694.0 million as of December
      31, 2019, was previously reported as part of current assets held for sale, and has been classified to investments in associates and joint ventures as of that date to conform with the presentation of this investment as of June 30, 2020.</div>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div><br>
    <br>
    <br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-family: Arial; font-weight: normal; font-style: normal;">12</font></div>
    <div style="page-break-after: always;" id="DSPFPageBreak">
      <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;"><br>
    <div style="font-family: Arial,Helvetica,sans-serif; font-weight: bold;">GRUPO TELEVISA, S.A.B.</div>
    <div style="font-family: Arial,Helvetica,sans-serif; font-weight: bold;">CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION</div>
    <div style="font-family: Arial,Helvetica,sans-serif; font-weight: bold;">AS OF JUNE 30, 2020 AND DECEMBER 31, 2019</div>
    <div style="font-family: Arial,Helvetica,sans-serif; font-weight: bold;">(Millions of Mexican Pesos)</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: Arial,Helvetica,sans-serif; font-size: 10pt; text-align: left; color: rgb(0, 0, 0); width: 100%;" id="z08ff015a3f154d848e5d7621d77cd328">

        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 9pt;"> June 30,</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 9pt;">December 31,</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 9pt;"> 2020</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 9pt;">2019</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; padding-bottom: 2px;">
            <div style="text-indent: 76.55pt; font-size: 9pt; font-weight: bold;">LIABILITIES</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: center; font-size: 9pt;">(Unaudited)</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: center; font-size: 9pt;">(Audited)</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top;">
            <div style="font-size: 9pt;">Current liabilities:</div>
          </td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Current portion of long-term debt</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">617.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">491.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Interest payable</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">2,315.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,943.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Current portion of lease liabilities</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,486.3</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,257.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Current portion of other notes payable</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">-</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,324.1</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Derivative financial instruments</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">-</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">568.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Trade accounts payable and accrued expenses</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">26,453.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">20,909.7</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Customer deposits and advances</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">13,333.7</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">5,779.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Other advances related to the Radiopolis' sale</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">713.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">-</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Income taxes payable</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,718.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">2,470.2</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Other taxes payable</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">4,292.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">3,448.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Employee benefits</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,123.5</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">911.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Due to related parties</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">433.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">644.2</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.35pt; font-size: 9pt;">Liabilities related to assets held for sale</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">374.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">432.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px;">
            <div style="text-indent: 28.35pt; font-size: 9pt;">Other current liabilities</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">2,449.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">2,202.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px;">
            <div style="text-indent: 49.65pt; font-size: 9pt;">Total current liabilities</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">55,312.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">42,386.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="font-size: 9pt;">Non-current liabilities:</div>
          </td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.35pt; font-size: 9pt;">Long-term debt, net of current portion</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">153,204.7</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">120,444.7</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.35pt; font-size: 9pt;">Lease liabilities, net of current portion</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">8,593.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">8,105.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.35pt; font-size: 9pt;">Derivative financial instruments</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,493.7</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">346.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Income taxes payable</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">753.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,759.7</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Deferred income tax liabilities</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">2,925.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">7,052.2</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Post-employment benefits</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,531.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,468.1</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px;">
            <div style="text-indent: 28.6pt; font-size: 9pt;">Other long-term liabilities</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">3,101.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">3,376.6</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px;">
            <div style="text-indent: 49.65pt; font-size: 9pt;">Total non-current liabilities</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">171,604.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">142,553.7</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px;">
            <div style="text-indent: 49.65pt; font-size: 9pt;">Total liabilities</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">226,917.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">184,939.7</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt; width: 76%;">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 92.15pt; font-size: 9pt; font-weight: bold;">EQUITY</div>
          </td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="font-size: 9pt;">Capital stock</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">4,907.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">4,907.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px;">
            <div style="font-size: 9pt;">Additional paid-in-capital</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">15,889.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">15,889.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt; width: 76%; padding-bottom: 2px;">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">20,797.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">20,797.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="font-size: 9pt;">Retained earnings:</div>
          </td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.35pt; font-size: 9pt;">Legal reserve</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">2,139.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">2,139.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 28.35pt; font-size: 9pt;">Unappropriated earnings</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">80,374.3</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">75,666.1</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px;">
            <div style="text-indent: 28.35pt; font-size: 9pt;">Net (loss) income for the period</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(7,912.4</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
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          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">4,626.1</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt; width: 76%;">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">74,600.9</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">82,431.2</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
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          <td valign="bottom" style="vertical-align: top; width: 76%;">
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          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
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            <div style="font-size: 9pt;">(14,805.2</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">)</div>
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          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,320.4</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px;">
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          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(13,904.3</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
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          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(14,018.8</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
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          <td valign="bottom" style="vertical-align: top; font-size: 9pt; width: 76%; padding-bottom: 2px;">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">45,891.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">69,732.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%;">
            <div style="text-indent: 35.45pt; font-size: 9pt;">&#160;&#160;&#160;&#160;&#160;&#160;Equity attributable to stockholders of the Company</div>
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          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">66,689.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">90,530.4</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px;">
            <div style="font-size: 9pt;">Non-controlling interests</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">16,034.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">14,873.8</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px;">
            <div style="text-indent: 49.65pt; font-size: 9pt;">Total equity</div>
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          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">82,723.8</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">105,404.2</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 4px;">
            <div style="text-indent: 49.65pt; font-size: 9pt;">Total liabilities and equity</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
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          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">309,641.4</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
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          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">290,343.9</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt; width: 76%;">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
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  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-family: Arial; font-weight: normal; font-style: normal;">13</font></div>
    <div style="page-break-after: always;" id="DSPFPageBreak">
      <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>
    <div style="text-align: center; font-family: Arial,Helvetica,sans-serif; font-weight: bold;">GRUPO TELEVISA, S.A.B.</div>
    <div style="text-align: center; font-family: Arial,Helvetica,sans-serif; font-weight: bold;">CONDENSED CONSOLIDATED STATEMENTS OF INCOME FOR THE</div>
    <div style="text-align: center; font-family: Arial,Helvetica,sans-serif; font-weight: bold;">THREE AND SIX MONTHS ENDED JUNE 30, 2020 AND 2019</div>
    <div style="text-align: center; font-family: Arial,Helvetica,sans-serif; font-weight: bold;">(Millions of Mexican Pesos)</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: Arial,Helvetica,sans-serif; font-size: 10pt; text-align: left; color: rgb(0, 0, 0); width: 100%;" id="z6045068ab3c94948ba99d04842a8c7ab">

        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top;" colspan="6">
            <div style="text-align: center; font-size: 9pt;">Three months ended June 30,</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top;" colspan="6">
            <div style="text-align: center; font-size: 9pt;">Six months ended June 30,</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 9pt;"> 2020</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 9pt;">2019</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 9pt;"> 2020</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 9pt;"> 2019</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt; padding-bottom: 2px;">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: center; font-size: 9pt;">(Unaudited)</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: center; font-size: 9pt;">(Unaudited)</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: center; font-size: 9pt;">(Unaudited)</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">
            <div style="text-align: center; font-size: 9pt;">(Unaudited)</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: middle; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt;" colspan="2">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%;">
            <div style="font-size: 9pt;">Net sales</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
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          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">22,407.2</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">24,307.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">45,635.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">47,702.8</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
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          <td valign="bottom" style="vertical-align: bottom; width: 52%;">
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          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">13,941.8</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">13,815.4</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">27,679.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">27,079.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%;">
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          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">2,538.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">2,782.6</div>
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          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">5,256.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">5,546.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%; padding-bottom: 2px;">
            <div style="font-size: 9pt;">Administrative expenses</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">2,940.3</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">3,316.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">6,571.3</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">7,024.2</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%;">
            <div style="text-indent: 21.55pt; font-size: 9pt;">Income before other expense</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">2,986.7</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">4,393.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">6,128.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">8,052.3</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%; padding-bottom: 2px;">
            <div style="font-size: 9pt;">Other expense, net</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(293.5</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(283.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(8.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(471.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%; padding-bottom: 2px;">
            <div style="text-indent: 21.25pt; font-size: 9pt;">Operating income</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">2,693.2</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">4,110.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">6,119.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">7,580.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%;">
            <div style="font-size: 9pt;">Finance expense</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">(2,891.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">(2,942.5</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">(11,663.5</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">(5,652.1</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%; padding-bottom: 2px;">
            <div style="font-size: 9pt;">Finance income</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">2,803.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">674.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">2,867.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">1,109.5</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%; padding-bottom: 2px;">
            <div style="text-indent: 21.25pt; font-size: 9pt;">Finance expense, net</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(88.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(2,268.5</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(8,796.5</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(4,542.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; font-size: 9pt; width: 52%; padding-bottom: 2px;">
            <div style="text-indent: 14.15pt;">Share of income (loss) of associates and joint ventures, net</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">137.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">163.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(5,211.0</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">329.6</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%;">
            <div style="text-indent: 21.25pt; font-size: 9pt;">Income (loss) before income taxes</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">2,741.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">2,005.3</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">(7,887.7</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">3,367.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%; padding-bottom: 2px;">
            <div style="font-size: 9pt;">Income taxes (expense) benefits</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(752.5</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(741.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">973.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(1,245.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
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        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%; padding-bottom: 4px;">
            <div style="text-indent: 21.25pt; font-size: 9pt;">Net income (loss)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">1,989.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">1,263.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(6,914.3</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">2,121.5</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; font-size: 9pt; width: 52%;">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%;">
            <div style="font-size: 9pt;">Net income (loss) attributable to:</div>
          </td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
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        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%;">
            <div style="text-indent: 14.15pt; font-size: 9pt;">Stockholders of the Company</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,739.5</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">919.1</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">(7,912.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%;" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;" colspan="1">
            <div style="font-size: 9pt;">1,460.8</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%; padding-bottom: 2px;">
            <div style="text-indent: 14.15pt; font-size: 9pt;">Non-controlling interests</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">249.9</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">344.3</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">998.1</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">660.7</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 52%; padding-bottom: 4px;">
            <div style="text-indent: 21.25pt; font-size: 9pt;">Net income (loss)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">1,989.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">1,263.4</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(6,914.3</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">
            <div style="font-size: 9pt;">)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">2,121.5</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; font-size: 9pt; width: 52%;">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
          <td valign="bottom" style="font-size: 9pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1">&#160;</td>
          <td valign="bottom" nowrap="nowrap" style="font-size: 9pt; vertical-align: bottom; width: 1%;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; font-size: 9pt; width: 52%; padding-bottom: 4px;">
            <div style="text-indent: 14.15pt;">Basic earnings (loss) per CPO attributable to stockholders of the Company</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">0.61</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">0.32</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">(2.78</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">
            <div>)</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
          <td valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">Ps.</div>
          </td>
          <td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" colspan="1">
            <div style="font-size: 9pt;">0.51</div>
          </td>
          <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: top; font-size: 9pt; width: 52%;">&#160;</td>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
