<SEC-DOCUMENT>0000895345-21-000207.txt : 20210223
<SEC-HEADER>0000895345-21-000207.hdr.sgml : 20210223
<ACCEPTANCE-DATETIME>20210223161624
ACCESSION NUMBER:		0000895345-21-000207
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20210223
FILED AS OF DATE:		20210223
DATE AS OF CHANGE:		20210223

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:		21665602

	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>kr6k_grupo.htm
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUER
<TEXT>
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      <hr align="center" style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; margin-left: auto; margin-right: auto;">UNITED STATES</div>
    <div style="text-align: center; font-size: 18pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>
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      <div style="text-align: center; margin-bottom: 2pt; font-size: 12pt;">&#160;</div>
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    <div style="text-align: center; margin-top: 12pt; margin-bottom: 10pt; font-size: 18pt; font-weight: bold;">FORM 6-K</div>
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      <div style="text-align: center; margin-top: 12pt; font-size: 12pt; font-weight: bold;">REPORT OF FOREIGN ISSUER</div>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">PURSUANT TO RULES 13a-16 OR 15d-16</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">UNDER THE SECURITIES EXCHANGE ACT OF 1934</div>
    <div style="text-align: center; margin-top: 12pt; margin-bottom: 10pt; font-weight: bold;">For the month of February, 2021</div>
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        <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"><font style="font-size: 12pt;">&#160;</font>GRUPO TELEVISA, S.A.B.</div>
    </div>
    <div style="text-align: center; font-weight: bold;">(Translation of registrant&#8217;s name into English)</div>
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    <div style="text-align: center; margin-top: 12pt; font-weight: bold;">Av. Vasco de Quiroga No. 2000, Colonia Santa Fe 01210 Mexico City, Mexico</div>
    <div style="text-align: center; font-weight: bold;">(Address of principal executive offices)</div>
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      <div style="text-align: center; margin-bottom: 2pt; font-size: 12pt;">&#160;
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    <div style="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 <font style="font-size: 12pt;">&#8999;</font> Form 40-F &#160;</div>
    <div style="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;&#160; No <font style="font-size: 12pt;">&#8999;</font>&#160;</div>
    <div style="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>
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      </font></div>
    <div style="font-size: 12pt; text-align: center;"><font style="font-size: 10pt;">Yes &#9744;&#160; No </font>&#8999;<font style="font-size: 10pt;">&#160;&#160;</font></div>
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                  <div style="margin-bottom: 4pt; font-family: Arial; font-size: 12pt;">Investor Relations</div>
                </div>
                <div style="margin-bottom: 10pt; font-family: Arial; font-size: 12pt; font-weight: bold;">PRESS RELEASE</div>
                <font style="font-family: Arial;"> &#160;</font></div>
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    <div style="text-align: center; font-size: 14pt; font-weight: bold; font-family: Arial;">Televisa Reports Fourth Quarter and Full Year 2020 Results</div>
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      </font> </div>
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    <div style="text-align: center; margin-bottom: 6pt; font-weight: bold; font-family: Arial;">2020 Highlights</div>
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    <div style="text-align: justify; margin-bottom: 6pt; font-weight: bold; font-family: Arial;"><u>Consolidated</u></div>
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          <td style="width: 18pt; vertical-align: top; font-family: Arial;">&#8226;</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">Excluding Other Businesses, Segment Revenue and Operating Segment Income (OSI) for our three core operations grew by 2.0% and 2.1%, respectively.</div>
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    <table cellspacing="0" cellpadding="0" id="z1c88558453934b8b8a4247ace51edb5c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 6pt;">

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          <td style="width: 18pt; vertical-align: top; font-family: Arial;">&#8226;</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">Closed the year with a solid cash position of U.S.$1.8 billion dollars and a net debt leverage ratio of 2.5.</div>
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    <div style="text-align: justify; margin-bottom: 6pt; font-weight: bold; font-family: Arial;"><u>Cable</u></div>
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    <table cellspacing="0" cellpadding="0" id="z6486ea4e52ce40e8b070ae75c7c0506a" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 6pt;">

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          <td style="width: 18pt; vertical-align: top; font-family: Arial;">&#8226;</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">Record organic growth of 1.4 million Revenue Generating Units (&#8220;RGUs&#8221;), reaching a total of 14.1 million.</div>
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          <td style="width: 18pt; vertical-align: top; font-family: Arial;">&#8226;</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">Net broadband RGUs additions of 734.8 thousand, the highest organic growth on record.</div>
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          <td style="width: 18pt; vertical-align: top; font-family: Arial;">&#8226;</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">Solid revenue and OSI growth of 8.8% and 6.2%, respectively.</div>
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    <div style="text-align: justify; margin-bottom: 6pt; font-weight: bold; font-family: Arial;"><u>Sky</u></div>
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          <td style="width: 18pt; vertical-align: top; font-family: Arial;">&#8226;</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">Added video customers in every single quarter of the year.</div>
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          <td style="width: 18pt; vertical-align: top; font-family: Arial;">&#8226;</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">Achieved the fastest pace of broadband and video net additions since 2016.</div>
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          <td style="width: 18pt; vertical-align: top; font-family: Arial;">&#8226;</td>
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            <div style="font-family: Arial;">Revenue growth of 3.7%, OSI in line with 2019, and a margin of 41.3%.</div>
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    <div style="text-align: justify; margin-bottom: 6pt; font-weight: bold; font-family: Arial;"><u>Content</u></div>
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          <td style="width: 18pt; vertical-align: top; font-family: Arial;">&#8226;</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">Audience growth y-o-y of 20%<sup style="font-family: 'Times New Roman', serif; vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> in our flagship network during weekdays.</div>
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          <td style="width: 18pt; vertical-align: top; font-family: Arial;">&#8226;</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">Revenues down 7.0% primarily due to COVID-19.</div>
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    <table cellspacing="0" cellpadding="0" id="zfcb2ca272fb344af96b481e3f58141b5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 6pt;">

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          <td style="width: 18pt; vertical-align: top; font-family: Arial;">&#8226;</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">Aggressive cost reduction plan resulted in Ps.2.2 billion in savings.</div>
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    <table cellspacing="0" cellpadding="0" id="ze65c718ed6304386931d1ef31642d6b1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 6pt;">

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          <td style="width: 18pt; vertical-align: top; font-family: Arial;">&#8226;</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">OSI margin reached 37.9%, an increase of 180 basis points from 2019 and the highest margin since 2016.</div>
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    <font style="font-family: Arial;"> </font> <font style="font-family: Arial;"> </font>
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      <div><font style="font-family: Arial;"><br>
        </font> </div>
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    <div style="text-align: center; margin-bottom: 10pt; font-weight: bold;">
      <hr noshade="noshade" align="center" style="background-color: #000000; border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; margin: 0px auto; height: 1px; color: #000000;"><font style="font-family: Arial;">Earnings Call Date and Time: Friday, February 19, 2021, at 10:00 A.M. ET.</font></div>
    <font style="font-family: Arial;"> </font> <font style="font-family: Arial;"> </font>
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      <div style="text-align: center; font-family: Arial;">Conference ID # is <font style="font-style: italic;">4785235</font></div>
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            <div>
              <div style="text-align: center; font-family: Arial;">From the U.S.: +1 (877) 850 2115</div>
            </div>
          </td>
          <td style="width: 50%; vertical-align: top;">
            <div>
              <div style="text-align: center; font-family: Arial;">From Mexico: 800 926 9157</div>
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            <div>
              <div style="text-align: center; font-family: Arial;">International callers: +1 (478) 219 0648</div>
            </div>
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          <td style="width: 50%; vertical-align: top;">
            <div>
              <div style="text-align: center; font-family: Arial;">Rebroadcast: +1 (404) 537-3406</div>
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      <div><font style="font-family: Arial;"><br>
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      <div style="text-align: center; font-family: Arial;">The teleconference will be rebroadcast starting at 01:00 P.M. ET</div>
      <div style="text-align: center; font-family: Arial;">on February 19 and will end at midnight on March 5.</div>
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      <br>
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    <hr noshade="noshade" align="left" style="background-color: #000000; border: 0px; height: 1px; width: 2in; margin-left: 0pt; margin-right: auto; color: #000000;"><font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><sup style="font-family: 'Times New Roman', serif; vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> Source: Nielsen. P4+, Monday to Friday, 16:30 to 23:0</font>0</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal; font-family: Arial;" id="DSPFPageNumber">1</font></div>
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    <div style="text-align: center; font-size: 12pt; font-weight: bold; font-family: Arial;">Consolidated Results</div>
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    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Mexico City, February 18, 2021</font><font style="font-family: Arial;"> &#8212; Grupo Televisa, S.A.B. (NYSE:TV; BMV: TLEVISA CPO; &#8220;Televisa&#8221; or &#8220;the Company&#8221;), today
        announced results for full year and fourth quarter&#160;2020. The results have been prepared in accordance with International Financial Reporting Standards (&#8220;IFRS&#8221;).</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
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    <div style="text-align: justify;">
      <div style="font-family: Arial;">The following table sets forth condensed consolidated statements of income for the years ended December 31, 2020 and 2019, in millions of Mexican pesos.</div>
      <div><font style="font-family: Arial;"><br>
        </font> </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z832c0108e6e24d20ae047f5db588a10b">

          <tr>
            <td style="width: 47.48%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 9.91%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0); text-align: right;">
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">2020</div>
            </td>
            <td style="width: 11.11%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); text-align: right;" colspan="1">
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">Margin</div>
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">%</div>
            </td>
            <td style="width: 11.11%; 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-style: italic; font-weight: bold; font-family: Arial;">2019</div>
            </td>
            <td style="width: 9.26%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); text-align: right;" colspan="1">
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">Margin</div>
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">%</div>
            </td>
            <td style="width: 11.11%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); text-align: right;" colspan="1">
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">Change</div>
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">%</div>
            </td>
          </tr>
          <tr>
            <td style="width: 47.48%; vertical-align: middle;">
              <div style="text-align: justify; font-family: Arial;">Net sales</div>
            </td>
            <td nowrap="nowrap" style="width: 9.91%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">97,361.6</div>
            </td>
            <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">100.0</div>
            </td>
            <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">101,757.2</div>
            </td>
            <td nowrap="nowrap" style="width: 9.26%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">100.0</div>
            </td>
            <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">(4.3)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 47.48%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: justify; font-family: Arial;">Operating segment income<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
            </td>
            <td style="width: 9.91%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">40,510.9</div>
            </td>
            <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial;">38.8</div>
            </td>
            <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial;">41,032.1</div>
            </td>
            <td style="width: 9.26%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial;">38.6</div>
            </td>
            <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial;">(1.3)</div>
            </td>
          </tr>

      </table>
      <div style="margin-bottom: 10pt; font-size: 8pt; font-family: Arial;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1 </sup>The operating segment income margin is calculated as a percentage of segment net sales.</div>
      <div style="font-family: Arial;">Net sales, decreased by 4.3% to Ps.97,361.6&#160; million in 2020 compared with Ps.101,757.2 million in 2019. This decreased was due to revenue decline in the Other Businesses and Content segments. Operating segment income
        decreased 1.3%, but margin was higher than 2019 and reached 38.8%.</div>
      <div><font style="font-family: Arial;"><br>
        </font> </div>
      <div style="font-family: Arial;">The following table sets forth condensed consolidated statements of income for the years ended December 31, 2020 and 2019, in millions of Mexican pesos:</div>
      <div><font style="font-family: Arial;"><br>
        </font> </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z593a487a0bb84bbba0d2449bed42c901">

          <tr>
            <td style="width: 47.48%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="font-weight: bold; font-family: Arial;">&#160;</div>
            </td>
            <td style="width: 9.91%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0); text-align: right;">
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">2020</div>
            </td>
            <td style="width: 11.11%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); text-align: right;" colspan="1">
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">Margin</div>
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">%</div>
            </td>
            <td style="width: 11.11%; 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-style: italic; font-weight: bold; font-family: Arial;">2019</div>
            </td>
            <td style="width: 9.26%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); text-align: right;" colspan="1">
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">Margin</div>
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">%</div>
            </td>
            <td style="width: 11.11%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); text-align: right;" colspan="1">
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">Change</div>
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">%</div>
            </td>
          </tr>
          <tr>
            <td style="width: 47.48%; vertical-align: middle;">
              <div style="text-align: justify; font-family: Arial;">Net sales</div>
            </td>
            <td nowrap="nowrap" style="width: 9.91%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">97,361.6</div>
            </td>
            <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">100.0</div>
            </td>
            <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">101,757.2</div>
            </td>
            <td nowrap="nowrap" style="width: 9.26%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">100.0</div>
            </td>
            <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">(4.3)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 47.48%; vertical-align: middle;">
              <div style="text-align: justify; font-family: Arial;">Net income</div>
            </td>
            <td nowrap="nowrap" style="width: 9.91%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">674.0</div>
            </td>
            <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">0.7</div>
            </td>
            <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">6,106.8</div>
            </td>
            <td nowrap="nowrap" style="width: 9.26%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">6.0</div>
            </td>
            <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">(89.0)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 47.48%; vertical-align: middle;">
              <div style="text-align: justify; font-family: Arial;">Net (loss) income attributable to stockholders of the Company</div>
            </td>
            <td nowrap="nowrap" style="width: 9.91%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">(892.3)</div>
            </td>
            <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">(0.9)</div>
            </td>
            <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">4,626.1</div>
            </td>
            <td nowrap="nowrap" style="width: 9.26%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">4.5</div>
            </td>
            <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">n/a</div>
            </td>
          </tr>
          <tr>
            <td style="width: 47.48%; vertical-align: middle;">
              <div style="text-align: justify; font-family: Arial;">Segment net sales</div>
            </td>
            <td nowrap="nowrap" style="width: 9.91%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">104,390.8</div>
            </td>
            <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">100.0</div>
            </td>
            <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">106,309.9</div>
            </td>
            <td nowrap="nowrap" style="width: 9.26%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">100.0</div>
            </td>
            <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">(1.8)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 47.48%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: justify; font-weight: bold; font-family: Arial;">Operating segment income <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
            </td>
            <td style="width: 9.91%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold; font-family: Arial;">40,510.9</div>
            </td>
            <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold; font-family: Arial;">38.8</div>
            </td>
            <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold; font-family: Arial;">41,032.1</div>
            </td>
            <td style="width: 9.26%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold; font-family: Arial;">38.6</div>
            </td>
            <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold; font-family: Arial;">(1.3)</div>
            </td>
          </tr>

      </table>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="z8a4b18b423c34471ac68e9899d8fb75f">

          <tr>
            <td style="width: 18pt; vertical-align: top; font-family: Arial; font-size: 8pt;">(1)</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="font-size: 8pt; font-family: Arial;">The operating segment income margin is calculated as a percentage of segment net sales.</div>
            </td>
          </tr>

      </table>
    </div>
    <font style="font-family: Arial;"> Net income or loss attributable to stockholders of the Company amounted to a net loss of Ps.892.3 million for 2020, compared with a net income of Ps.4,626.1 million for 2019. The unfavorable net change of Ps.5,518.4
      million, reflected (i) a Ps.6,350.5 million unfavorable change in share of income or loss of associates and joint ventures, net; (ii) a Ps.<font style="font-size: 12pt;">&#160;</font>2,336.1 million increase in income taxes; (iii) a Ps.777.9 million
      decrease in income before depreciation and amortization; (iv) a Ps.252.0 million increase in depreciation and amortization; and (v) a Ps.85.6 million increase in net income attributable to non-controlling interests. </font>
    <div style="text-align: justify; margin-bottom: 10pt; font-family: Arial;">These unfavorable variances were partially offset by (i) a Ps.2,709.6 million decrease in finance expense, net; and (ii) a Ps.1,574.1 million favorable change in other income
      (expense), net.</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-weight: bold; font-family: Arial;">Dividend</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">The Company&#8217;s Board of Directors approved the payment of a dividend of Ps.0.35 per CPO and $0.002991452991 per share of Series &#8220;A&#8221;, &#8220;B&#8221;, &#8220;D&#8221; and &#8220;L&#8221; Shares not in the form of a CPO. This dividend is
      subject to the approval of the Company&#8217;s stockholders.</div>
    <font style="font-family: Arial;"> </font>
    <div style="margin-bottom: 10pt;"><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="margin-bottom: 10pt;"><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal; font-family: Arial;" id="DSPFPageNumber">2</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold; font-family: Arial;">Full year results by business segment</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">The following table presents full year consolidated results ended December 31, 2020 and 2019, for each of our business segments, in millions of Mexican pesos.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z0517cd25f4be4f62a27a5279d28d6dbf">

        <tr>
          <td style="width: 46%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="margin-left: 4pt; font-style: italic; font-weight: bold; font-family: Arial;">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); border-left: 2px solid rgb(0, 0, 0); text-align: right;">
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">2020</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); text-align: right;">
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">%</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); text-align: right;">
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">2019</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); text-align: right;">
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">&#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); text-align: right;">
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">Change</div>
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">%</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">Cable</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">45,367.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">43.5</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">41,702.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">39.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">8.8</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">Sky</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">22,134.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">21.2</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">21,347.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">20.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">3.7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">Content</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">32,613.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">31.2</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">35,060.5</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">33.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(7.0)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">Other Businesses</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">4,276.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">4.1</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">8,200.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">7.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(47.9)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-weight: bold; font-family: Arial;">Segment Net Sales</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">104,390.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">100.0</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">106,309.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">100.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">(1.8)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">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; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">(7,252.5)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(5,394.1)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 9.95%; vertical-align: middle; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: justify; margin-left: 4pt; font-weight: bold; font-family: Arial;">Net Sales</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">97,138.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="font-family: Arial;">&#160;</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">100,915.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="font-family: Arial;">&#160;</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">(3.7)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">Disposed 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; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">223.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">n/a</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">841.4</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">n/a</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">n/a</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: justify; margin-left: 4pt; font-weight: bold; font-family: Arial;">Consolidated Net Sales</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">97,361.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">&#160;</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">101,757.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">&#160;</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">(4.3)</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div style="margin-bottom: 10pt;"><font style="font-style: italic; font-family: Arial;"> </font><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zaaebffcaa64448f9ac9fe629de318d60">

        <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);">
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">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); border-left: 2px solid rgb(0, 0, 0); text-align: right;">
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">2020</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); text-align: right;">
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">Margin</div>
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">%</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); text-align: right;">
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">2019</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); text-align: right;">
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">Margin</div>
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">%</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); text-align: right;">
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">Change</div>
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">%</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 3.55pt; font-family: Arial;">Cable</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">18,898.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">41.7</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">17,797.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">42.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">6.2</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 3.55pt; font-family: Arial;">Sky</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">9,135.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">41.3</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">9,121.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">42.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">0.2</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 3.55pt; font-family: Arial;">Content</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">12,360.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">37.9</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">12,649.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">36.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(2.3)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 3.55pt; font-family: Arial;">Other Businesses</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">116.5</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">2.7</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">1,464.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">17.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(92.0)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt; font-weight: bold; font-family: Arial;">Operating Segment Income</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">40,510.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">38.8</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">41,032.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">38.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">(1.3)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 3.55pt; font-family: Arial;">Corporate Expenses</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">(1,882.9)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(1.8)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(1,888.4)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(1.8)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">0.3</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 3.55pt; font-family: Arial;">Depreciation and Amortization</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">(21,260.8)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(21.8)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(21,008.8)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(20.6)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(1.2)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 3.55pt; font-family: Arial;">Other Income&#160; (Expense), net</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">257.5</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">0.3</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(1,316.6)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(1.3)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">n/a</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">Intersegment Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">(71.5)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(0.1)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(72.2)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(0.1)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">1.0</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">Disposed 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; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">(4.0)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">n/a</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">258.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">n/a</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">n/a</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: justify; margin-left: 3.55pt; font-weight: bold; font-family: Arial;">Operating Income</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">17,549.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">18.0</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">17,005.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">16.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">3.2</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div style="font-family: Arial;"><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>
    <font style="font-family: Arial;"> </font>
    <div style="margin: 0px; text-align: justify; font-family: Arial;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup> The sale of the Company&#8217;s Radio business was concluded on July 2<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">nd</sup>, 2020. 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 disposed operations for the years ended December 31, 2020 and 2019.</div>
    <font style="font-family: Arial;"> </font>
    <div style="margin: 0px; text-align: justify; font-family: Arial;"><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 income (expense), net.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal; font-family: Arial;" id="DSPFPageNumber">3</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-size: 12pt; font-weight: bold; font-family: Arial;">Fourth quarter results by business segment</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">The following table presents fourth quarter consolidated results ended December 31, 2020 and 2019, for each of our business segments. Fourth quarter consolidated results for 2020 and 2019 are
      presented in millions of Mexican pesos.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="z8a0802d4ebfa4bbda2329f6a855b3a81" style="font-family: 'Times New Roman', Times, 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);">
            <div style="margin-left: 4pt; font-style: italic; font-weight: bold; font-family: Arial;">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); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">4Q&#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; font-family: Arial;">%</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; font-family: Arial;">4Q&#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; font-family: Arial;">&#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; font-family: Arial;">Change</div>
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">%</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">Cable</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">11,825.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">39.8</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">11,016.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">37.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">7.3</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">Sky</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">5,616.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">18.9</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">5,379.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">18.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">4.4</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">Content</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">11,111.5</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">37.4</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">11,166.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">37.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(0.5)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">Other Businesses</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">1,170.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">3.9</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">1,933.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">6.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(39.5)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-weight: bold; font-family: Arial;">Segment Net Sales</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">29,723.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">100.0</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">29,495.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">100.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">0.8</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">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; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">(1,941.2)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(1,495.3)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 9.95%; vertical-align: middle; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: justify; margin-left: 4pt; font-weight: bold; font-family: Arial;">Net Sales</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">27,782.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="font-family: Arial;">&#160;</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">28,000.4</div>
          </td>
          <td style="width: 9.95%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="font-family: Arial;">&#160;</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">(0.8)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">Disposed 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; border-left: 2px solid rgb(0, 0, 0); text-align: right;">
            <div style="font-family: Arial;">-</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">n/a</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">267.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">n/a</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">n/a</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: justify; margin-left: 4pt; font-weight: bold; font-family: Arial;">Consolidated Net Sales</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">27,782.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">&#160;</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">28,268.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">&#160;</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">(1.7)</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div style="margin-bottom: 10pt;"><font style="font-style: italic; font-family: Arial;"> </font><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="zb58c08ecaed34acdb2e388489b196b57" style="font-family: 'Times New Roman', Times, 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);">
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">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); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">4Q&#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; font-family: Arial;">Margin</div>
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">%</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; font-family: Arial;">4Q&#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; font-family: Arial;">Margin</div>
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">%</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; font-family: Arial;">Change</div>
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">%</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 3.55pt; font-family: Arial;">Cable</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">4,954.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">41.9</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">4,545.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">41.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">9.0</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 3.55pt; font-family: Arial;">Sky</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">2,143.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">38.2</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">2,108.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">39.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">1.6</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 3.55pt; font-family: Arial;">Content</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">5,371.4</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">48.3</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">4,341.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">38.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">23.7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 3.55pt; font-family: Arial;">Other Businesses</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">164.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">14.1</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">96.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">5.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">70.2</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: justify; margin-left: 3.55pt; font-weight: bold; font-family: Arial;">Operating Segment Income</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">12,634.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">42.5</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">11,091.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">37.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">13.9</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 3.55pt; font-family: Arial;">Corporate Expenses</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">(718.2)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(2.4)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(496.7)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(1.7)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(44.6)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 3.55pt; font-family: Arial;">Depreciation and Amortization</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">(5,639.3)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(20.3)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(5,392.4)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(19.1)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(4.6)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 3.55pt; font-family: Arial;">Other Expense, net</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">(399.9)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(1.4)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(455.3)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(1.6)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">12.2</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">Intersegment Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">(16.3)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(0.1)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(18.8)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(0.1)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">13.3</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top;">
            <div style="text-align: justify; margin-left: 4pt; font-family: Arial;">Disposed 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; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">-</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">n/a</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">100.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">n/a</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">n/a</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: justify; margin-left: 3.55pt; font-weight: bold; font-family: Arial;">Operating Income</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">5,860.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">21.1</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">4,828.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">17.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">21.4</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div style="margin: 0px 0pt; text-align: justify; font-family: Arial;"><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>
    <font style="font-family: Arial;"> </font>
    <div style="margin: 0px; text-align: justify; font-family: Arial;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2 </sup>The sale of the Company&#8217;s Radio business was concluded on July 2<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">nd</sup>, 2020. 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 disposed operations for the quarter ended December 31, 2020 and 2019.</div>
    <font style="font-family: Arial;"> </font>
    <div style="margin: 0px; text-align: justify; font-family: Arial;"><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 income (expense), net.</div>
    <font style="font-family: Arial;"> </font>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal; font-family: Arial;" id="DSPFPageNumber">4</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-size: 12pt; font-weight: bold; font-family: Arial;">Cable</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Total net additions for the quarter</font><font style="font-family: Arial;"> were approximately 223.1 thousand RGUs. Quarterly growth was mainly driven by 127.6
        thousand broadband net additions and 109.3 thousand voice net additions. Video RGUs decreased by 49.2 thousand.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">The following table sets forth the breakdown of RGUs per service type for our Cable segment as of December 31, 2020 and 2019.</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"> <font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;">
      <div style="margin-bottom: 10pt;"><font style="font-family: Arial;"><br>
        </font> </div>
      <table cellspacing="0" cellpadding="0" id="zb499afe8b7f446b6aba998f5fb28b529" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 19.65%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">RGUs</div>
            </td>
            <td style="width: 19.53%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">4Q&#8217;20 Net Adds</div>
            </td>
            <td style="width: 18.89%; 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; font-family: Arial;">2020 Net Adds</div>
            </td>
            <td style="width: 19.75%; 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-style: italic; font-weight: bold; font-family: Arial;">2020</div>
            </td>
            <td style="width: 22.17%; 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-style: italic; font-weight: bold; font-family: Arial;">2019</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.65%; vertical-align: middle;">
              <div style="font-family: Arial;">Video</div>
            </td>
            <td style="width: 19.53%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">(49,226)</div>
            </td>
            <td style="width: 18.89%; vertical-align: top;">
              <div style="text-align: right; font-family: Arial;">(34,181)</div>
            </td>
            <td style="width: 19.75%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">4,284,682</div>
            </td>
            <td style="width: 22.17%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">4,318,863</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.65%; vertical-align: middle;">
              <div style="font-family: Arial;">Broadband</div>
            </td>
            <td style="width: 19.53%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">127,614</div>
            </td>
            <td style="width: 18.89%; vertical-align: top;">
              <div style="text-align: right; font-family: Arial;">734,805</div>
            </td>
            <td style="width: 19.75%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">5,430,859</div>
            </td>
            <td style="width: 22.17%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">4,696,054</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.65%; vertical-align: middle;">
              <div style="font-family: Arial;">Voice</div>
            </td>
            <td style="width: 19.53%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">109,266</div>
            </td>
            <td style="width: 18.89%; vertical-align: top;">
              <div style="text-align: right; font-family: Arial;">658,538</div>
            </td>
            <td style="width: 19.75%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">4,296,530</div>
            </td>
            <td style="width: 22.17%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">3,637,992</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.65%; vertical-align: middle;">
              <div style="font-family: Arial;">Mobile</div>
            </td>
            <td style="width: 19.53%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">35,401</div>
            </td>
            <td style="width: 18.89%; vertical-align: top;">
              <div style="text-align: right; font-family: Arial;">75,515</div>
            </td>
            <td style="width: 19.75%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">75,515</div>
            </td>
            <td style="width: 22.17%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">-</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.65%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="font-weight: bold; font-family: Arial;">Total RGUs</div>
            </td>
            <td style="width: 19.53%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold; font-family: Arial;">223,055</div>
            </td>
            <td style="width: 18.89%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold; font-family: Arial;">1,434,677</div>
            </td>
            <td style="width: 19.75%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold; font-family: Arial;">14,087,586</div>
            </td>
            <td style="width: 22.17%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold; font-family: Arial;">12,652,909</div>
            </td>
          </tr>

      </table>
    </div>
    <font style="font-family: Arial;"> </font> <font style="font-family: Arial;"> </font>
    <div> </div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Fourth quarter sales</font><font style="font-family: Arial;"> increased by 7.3% to Ps.11,825.7 million compared with Ps.11,016.1 million in fourth quarter 2019
        driven by solid net additions in broadband, voice and strong performance in Enterprise operations.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Full year sales</font><font style="font-family: Arial;"> increased by 8.8% to Ps.45,367.1 million compared with Ps.41,702.0 million in 2019. Total RGUs reached 14.1
        million. Total net additions for the year were more than 1.4 million.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Fourth quarter operating segment income </font><font style="font-family: Arial;">increased by 9.0% to Ps.4,954.8 million compared with Ps.4,545.0 million in fourth
        quarter 2019.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Full year operating segment income </font><font style="font-family: Arial;">increased by 6.2% to Ps.18,898.3 million compared with Ps. 17,797.6 million in 2019. The
        margin reached 41.7%.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">The following tables set forth the breakdown of revenues and operating segment income, excluding consolidation adjustments, for our MSO and enterprise operations for fourth quarter 2020 and 2019,
      and for full year 2020 and 2019.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="zeec99fa218464a5ca22fc53a15249d10" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 28.57%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div><font style="font-weight: bold; font-style: italic; font-family: Arial;">MSO Operations</font><font style="font-family: Arial;">&#160;<sup style="font-style: italic; font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
            <div style="font-family: Arial;">Millions of Mexican pesos</div>
          </td>
          <td style="width: 11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">2020</div>
          </td>
          <td style="width: 10.91%; 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-style: italic; font-weight: bold; font-family: Arial;">2019</div>
          </td>
          <td style="width: 13.26%; 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-style: italic; font-weight: bold; font-family: Arial;">Change %</div>
          </td>
          <td style="width: 12.46%; 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-style: italic; font-weight: bold; font-family: Arial;">4Q&#8217;20</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);">
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">4Q&#8217;19</div>
          </td>
          <td style="width: 12.7%; 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-style: italic; font-weight: bold; font-family: Arial;">Change %</div>
          </td>
        </tr>
        <tr>
          <td style="width: 28.57%; vertical-align: middle;">
            <div style="font-family: Arial;">Revenue</div>
          </td>
          <td style="width: 11%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">40,441.4</div>
          </td>
          <td style="width: 10.91%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">37,495.8</div>
          </td>
          <td style="width: 13.26%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">7.9</div>
          </td>
          <td style="width: 12.46%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">10,529.4</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">9,800.9</div>
          </td>
          <td style="width: 12.7%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">7.4</div>
          </td>
        </tr>
        <tr>
          <td style="width: 28.57%; vertical-align: middle;">
            <div style="font-family: Arial;">Operating Segment Income</div>
          </td>
          <td style="width: 11%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">17,091.4</div>
          </td>
          <td style="width: 10.91%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">16,248.0</div>
          </td>
          <td style="width: 13.26%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">5.2</div>
          </td>
          <td style="width: 12.46%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">4,471.4</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">4,151.1</div>
          </td>
          <td style="width: 12.7%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">7.7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 28.57%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="font-family: Arial;">Margin (%)</div>
          </td>
          <td style="width: 11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">42.3</div>
          </td>
          <td style="width: 10.91%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial;">43.3</div>
          </td>
          <td style="width: 13.26%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial;">&#160;</div>
          </td>
          <td style="width: 12.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial;">42.5</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial;">42.4</div>
          </td>
          <td style="width: 12.7%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial;">&#160;</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-family: Arial;"><br>
      </font> <br>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z97e42569ee464c41a074dcf3b3e762e0">

          <tr>
            <td style="width: 28.57%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial; border-top: 2px solid rgb(0, 0, 0);">
              <div><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>Millions of Mexican pesos</div>
            </td>
            <td style="width: 11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial; font-style: italic; font-weight: bold;">2020</div>
            </td>
            <td style="width: 10.91%; 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; font-style: italic; font-weight: bold;">2019</div>
            </td>
            <td style="width: 13.26%; 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; font-style: italic; font-weight: bold;">Change %</div>
            </td>
            <td style="width: 12.46%; 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; font-style: italic; font-weight: bold;">4Q&#8217;20</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);">
              <div style="text-align: right; font-family: Arial; font-style: italic; font-weight: bold;">4Q&#8217;19</div>
            </td>
            <td style="width: 12.7%; 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; font-style: italic; font-weight: bold;">Change %</div>
            </td>
          </tr>
          <tr>
            <td style="width: 28.57%; vertical-align: middle;">
              <div style="font-family: Arial;">Revenue</div>
            </td>
            <td style="width: 11%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">6,783.3</div>
            </td>
            <td style="width: 10.91%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">5,874.5</div>
            </td>
            <td style="width: 13.26%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">15.5</div>
            </td>
            <td style="width: 12.46%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">1,778.1</div>
            </td>
            <td style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">1,631.0</div>
            </td>
            <td style="width: 12.7%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">9.0</div>
            </td>
          </tr>
          <tr>
            <td style="width: 28.57%; vertical-align: middle;">
              <div style="font-family: Arial;">Operating Segment Income</div>
            </td>
            <td style="width: 11%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">2,388.3</div>
            </td>
            <td style="width: 10.91%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">2,051.1</div>
            </td>
            <td style="width: 13.26%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">16.4</div>
            </td>
            <td style="width: 12.46%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">645.8</div>
            </td>
            <td style="width: 11.11%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">527.9</div>
            </td>
            <td style="width: 12.7%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">22.3</div>
            </td>
          </tr>
          <tr>
            <td style="width: 28.57%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="font-family: Arial;">Margin (%)</div>
            </td>
            <td style="width: 11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">35.2</div>
            </td>
            <td style="width: 10.91%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial;">34.9</div>
            </td>
            <td style="width: 13.26%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial;">&#160;</div>
            </td>
            <td style="width: 12.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial;">36.3</div>
            </td>
            <td style="width: 11.11%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial;">32.4</div>
            </td>
            <td style="width: 12.7%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-family: Arial;">&#160;</div>
            </td>
          </tr>

      </table>
      <div style="margin-bottom: 10pt;">
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

            <tr>
              <td style="width: 18pt; vertical-align: top; font-size: 8pt; font-family: Arial;">(1)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-size: 8pt; font-family: Arial;">Full year results do not include the consolidation adjustments of Ps.1,857.6 million in revenues nor Ps.581.4 million in Operating Segment Income for 2020, neither the consolidation
                  adjustments of Ps.1,668.3 million in revenues nor Ps.501.5 million in Operating Segment Income for 2019. Likewise, fourth quarter results do not include the consolidation adjustments of Ps.481.8 million in revenues nor Ps.162.4 million in
                  Operating Segment Income for fourth quarter 2020, neither the consolidation adjustments of Ps.415.8 million in revenues nor Ps.134.0 million in Operating Segment Income for fourth quarter 2019. Consolidation adjustments are considered in
                  the consolidated results of the Cable segment.</div>
              </td>
            </tr>

        </table>
      </div>
      <font style="font-family: Arial;"><br>
      </font> </div>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Full year sales and operating segment income</font><font style="font-family: Arial;">&#160;<font style="font-weight: bold;">in our MSO</font> operations increased by 7.9%
        and 5.2%, respectively, reaching a margin of 42.3%. <font style="font-weight: bold;">Full year sales and operating segment income in our Enterprise Operations</font> increased by 15.5% and 16.4%, respectively.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal; font-family: Arial;" id="DSPFPageNumber">5</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold; font-family: Arial;">Sky</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Total net additions for the quarter</font><font style="font-family: Arial;"> were approximately 76.9 thousand RGUs. Quarterly growth was mainly driven by 71.9
        thousand broadband net additions. Sky continued growing its video business after adding 4.9 thousand RGUs.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">The following table sets forth the breakdown of RGUs per service type for Sky as of December 31, 2020 and 2019.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;">
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zc34c3f5589e046459258d36dadd80875">

          <tr>
            <td style="width: 19.7%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="font-style: italic; font-weight: bold; font-family: Arial;">RGUs</div>
            </td>
            <td style="width: 19.48%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">4Q&#8217;20 Net Adds</div>
            </td>
            <td style="width: 19%; 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; font-family: Arial;">2020 Net Adds</div>
            </td>
            <td style="width: 19.7%; 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-style: italic; font-weight: bold; font-family: Arial;">2020</div>
            </td>
            <td style="width: 22.13%; 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-style: italic; font-weight: bold; font-family: Arial;">2019</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.7%; vertical-align: middle;">
              <div style="font-family: Arial;">Video</div>
            </td>
            <td style="width: 19.48%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">4,944</div>
            </td>
            <td style="width: 19%; vertical-align: bottom;">
              <div style="text-align: right; font-family: Arial;">47,943</div>
            </td>
            <td style="width: 19.7%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">7,477,294</div>
            </td>
            <td style="width: 22.13%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">7,429,351</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.7%; vertical-align: middle;">
              <div style="font-family: Arial;">Broadband</div>
            </td>
            <td style="width: 19.48%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">71,896</div>
            </td>
            <td style="width: 19%; vertical-align: bottom;">
              <div style="text-align: right; font-family: Arial;">279,793</div>
            </td>
            <td style="width: 19.7%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">665,907</div>
            </td>
            <td style="width: 22.13%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">386,114</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.7%; vertical-align: middle;">
              <div style="font-family: Arial;">Voice</div>
            </td>
            <td style="width: 19.48%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-family: Arial;">55</div>
            </td>
            <td style="width: 19%; vertical-align: bottom;">
              <div style="text-align: right; font-family: Arial;">(253)</div>
            </td>
            <td style="width: 19.7%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">892</div>
            </td>
            <td style="width: 22.13%; vertical-align: middle;">
              <div style="text-align: right; font-family: Arial;">1,145</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.7%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="font-weight: bold; font-family: Arial;">Total RGUs</div>
            </td>
            <td style="width: 19.48%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold; font-family: Arial;">76,895</div>
            </td>
            <td style="width: 19%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold; font-family: Arial;">327,483</div>
            </td>
            <td style="width: 19.7%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold; font-family: Arial;">8,144,093</div>
            </td>
            <td style="width: 22.13%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold; font-family: Arial;">7,816,610</div>
            </td>
          </tr>

      </table>
      <div><font style="font-family: Arial;"><br>
        </font> </div>
      <font style="font-weight: bold; font-family: Arial;">Fourth quarter sales</font><font style="font-family: Arial;"> increased by 4.4% to Ps.5,616.7 million compared with Ps.5,379.1 million in fourth quarter 2019. This mainly explained by the growth in
        broadband RGUs.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="margin-bottom: 10pt;"><font style="font-weight: bold; font-family: Arial;">Full year sales</font><font style="font-family: Arial;"> increased by 3.7% to Ps.22,134.7 million compared with Ps.21,347.1 million in 2019.</font></div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Fourth quarter operating segment income</font><font style="font-family: Arial;"> increased 1.6% to Ps.2,143.2 million compared with Ps.2,108.9 million in fourth
        quarter 2019. The margin was 38.2%, mainly affected by the amortization of certain sports that reinitiated in the second half of the year.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Full year operating segment income</font><font style="font-family: Arial;"> increased by 0.2% to Ps.9,135.3 million compared with Ps.9,121.2 million in 2019, and the
        margin was 41.3%.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-size: 12pt; font-weight: bold; font-family: Arial;">Content</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Fourth quarter sales</font><font style="font-family: Arial;"> decreased 0.5% to Ps.11,111.5 million compared with Ps.11,166.6 million in fourth quarter 2019.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Full year sales </font><font style="font-family: Arial;">decreased by 7.0% to Ps.32,613.0 million compared with Ps.35,060.5 million in 2019.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="z906e9189d33c45968641bee220b44715" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <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);">
            <div style="font-family: Arial;">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); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">2020</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-style: italic; font-weight: bold; font-family: Arial;">%</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-style: italic; font-weight: bold; font-family: Arial;">2019</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-style: italic; font-weight: bold; font-family: Arial;">%</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-style: italic; font-weight: bold; font-family: Arial;">Change %</div>
          </td>
        </tr>
        <tr>
          <td style="width: 38.54%; vertical-align: top;">
            <div style="font-family: Arial;">Advertising</div>
          </td>
          <td style="width: 14.47%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">16,349.8</div>
          </td>
          <td style="width: 10.48%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">50.1</div>
          </td>
          <td style="width: 14.48%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">19,459.4</div>
          </td>
          <td style="width: 10.32%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">55.5</div>
          </td>
          <td style="width: 11.72%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">(16.0)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 38.54%; vertical-align: top;">
            <div style="font-family: Arial;">Network Subscription</div>
          </td>
          <td style="width: 14.47%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">5,466.2</div>
          </td>
          <td style="width: 10.48%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">16.8</div>
          </td>
          <td style="width: 14.48%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">4,993.2</div>
          </td>
          <td style="width: 10.32%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">14.2</div>
          </td>
          <td style="width: 11.72%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">9.5</div>
          </td>
        </tr>
        <tr>
          <td style="width: 38.54%; vertical-align: top;">
            <div style="font-family: Arial;">Licensing and Syndication</div>
          </td>
          <td style="width: 14.47%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">10,797.0</div>
          </td>
          <td style="width: 10.48%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">33.1</div>
          </td>
          <td style="width: 14.48%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">10,607.9</div>
          </td>
          <td style="width: 10.32%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">30.3</div>
          </td>
          <td style="width: 11.72%; vertical-align: middle;">
            <div style="text-align: right; font-family: Arial;">1.8</div>
          </td>
        </tr>
        <tr>
          <td style="width: 38.54%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-weight: bold; font-family: Arial;">Net Sales</div>
          </td>
          <td style="width: 14.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">32,613.0</div>
          </td>
          <td style="width: 10.48%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial;">&#160;</div>
          </td>
          <td style="width: 14.48%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">35,060.5</div>
          </td>
          <td style="width: 10.32%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial;">&#160;</div>
          </td>
          <td style="width: 11.72%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">(7.0)</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal; font-family: Arial;" id="DSPFPageNumber">6</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;"><u>Advertising</u></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Fourth quarter advertising sales</font><font style="font-family: Arial;"> were Ps.6,628.1 million, relatively flat compared with Ps.6,620.6 million in fourth quarter
        2019. This representes a recovery across most categories among our private sector clients with respect to second and third quarter of 2020.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Full year advertising sales</font><font style="font-family: Arial;"> decreased by 16.0%. The decrease in sales is explained by a significant deterioration in the
        Mexican economy due to COVID-19.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="font-family: Arial;"><u>Network Subscription</u></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Fourth quarter Network Subscription revenues</font><font style="font-family: Arial;"> increased by 5.4% to Ps.1,401.7 compared with Ps.1,330.0 million in fourth
        quarter 2019.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Full year Network Subscription revenue</font><font style="font-family: Arial;"> increased by 9.5%, mainly related to the increase in the price we charge our
        affiliated distributors for our pay TV networks and to the favorable impact of the depreciation of the Mexican peso on our dollar-denominated revenues.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;"><u>Licensing and Syndication</u></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Fourth quarter Licensing and Syndication sales</font><font style="font-family: Arial;"> decreased by 4.2% to Ps.3,081.7 million from Ps.3,216.0 million in fourth
        quarter 2019. Royalties from Univision increased 8.8%, reaching U.S.$110.2 million dollars in fourth quarter 2020 compared to U.S.$101.3 million dollars in fourth quarter 2019. This was a record high for a quarter. For the <font style="font-weight: bold;">full year 2020</font> royalties from Univision decreased by 2.4%, reaching U.S.$379.6 million dollars.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Fourth quarter operating segment income,</font><font style="font-family: Arial;"> increased by 23.7% to Ps.5,371.4 compared with Ps.4,341.2 million in fourth quarter
        2019. The margin was 48.3%, close to ten percentual points higher than 2019. This increase is mainly explained by an aggressive cost and expense reduction plan.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Full-year operating segment income </font><font style="font-family: Arial;">decreased by 2.3% to Ps.12,360.8 million compared with Ps.12,649.1 million in 2019, but
        the margin was 180 bps higher than 2019.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-size: 12pt; font-weight: bold; font-family: Arial;">Other Businesses</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">Other Businesses were affected by the closing of the economy and measures triggered in response to COVID-19, which included the suspension or limitation of activities in some businesses of this
      segment.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Fourth quarter sales </font><font style="font-family: Arial;">decreased by 39.5% to Ps.1,170.0 million compared with Ps.1,933.9 million in fourth quarter 2019. <font style="font-weight: bold;">Full year sales </font>decreased by 47.9% to Ps.4,276.0 million compared with Ps.8,200.3 million in 2019.</font></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify;"><font style="font-weight: bold; font-family: Arial;">Fourth quarter operating segment income</font><font style="font-family: Arial;"> increased by 70.2% to Ps.164.6 million compared with Ps.96.7 million in fourth
        quarter 2019. <font style="font-weight: bold;">Full year operating segment income</font> decreased by 92.0% to Ps.116.5 million compared with Ps.1,464.2 million in 2019.</font></div>
    <font style="font-family: Arial;"> </font>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal; font-family: Arial;" id="DSPFPageNumber">7</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-weight: bold; font-family: Arial;">Corporate Expense</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; margin-bottom: 10pt; font-family: Arial;">Corporate expense reached Ps.1,882.9 million in 2020, relatively flat when compared with Ps.1,888.4 million in 2019.</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; margin-bottom: 10pt; font-family: Arial;">Share-based compensation expense in 2020 and 2019, amounted to Ps.984.4 million and Ps.1,129.6 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>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-weight: bold; font-family: Arial;">Other Income or Expense, Net</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">Other income or expense, net, changed by Ps.1,574.1 million, to other income, net, of Ps.257.5 million in 2020, from other expense, net, of Ps.1,316.6 million in 2019. This favorable change
      reflected primarily:</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="z476b178ad24f46618243dc19246ba15c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 27pt; vertical-align: top; font-family: Arial;">(i)</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">a pre-tax gain on disposition of our 50% equity stake in our former Radio business, which sale was concluded in July 2020;</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="zc16ceb60a4d94d9ea4ab102926e14196" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 27pt; vertical-align: top; font-family: Arial;">(ii)</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">a non-recurring income related to the cancellation of a related-party provision in the fourth quarter of 2020; and</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="za6f69e6fedd443e8916aca3d088fffab" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 27pt; vertical-align: top; font-family: Arial;">(iii)</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">a lower non-recurring severance expense in connection with dismissals of personnel in our Content segment.</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; margin-left: 3pt; font-family: Arial;">These favorable variances were partially offset by</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="z21fd61aca2d74eafaa02d2685134fa4f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 27pt; vertical-align: top; font-family: Arial;">(i)</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">a higher expense related to legal and financial advisory and professional services; and</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="z639548df052a4b6e8a2318ea0a9901ba" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 27pt; vertical-align: top; font-family: Arial;">(ii)</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">a loss on disposition of investment.</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; margin-right: 2.15pt; font-family: Arial;">The following table sets forth the breakdown of cash and non-cash other income (expense), net, stated in millions of Mexican pesos, for the years ended December 31, 2020 and
      2019.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="z9c974d10d9d0401d8dc1cd615c9ddfbc" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <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);">
            <div style="font-style: italic; font-weight: bold; font-family: Arial;">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); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">2020</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-style: italic; font-weight: bold; font-family: Arial;">2019</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.25%; vertical-align: middle;">
            <div style="font-family: Arial;">Cash</div>
          </td>
          <td style="width: 21.63%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">197.8</div>
          </td>
          <td style="width: 33.12%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial;">(765.0)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.25%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="font-family: Arial;">Non-cash</div>
          </td>
          <td style="width: 21.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">59.7</div>
          </td>
          <td style="width: 33.12%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-family: Arial;">(551.6)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.25%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="font-weight: bold; font-family: Arial;">Total</div>
          </td>
          <td style="width: 21.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">257.5</div>
          </td>
          <td style="width: 33.12%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">(1,316.6)</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal; font-family: Arial;" id="DSPFPageNumber">8</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="font-weight: bold; font-family: Arial;">Finance Expense, Net</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; margin-right: 2.15pt; font-family: Arial;">The following table sets forth finance (expense) income, net, stated in millions of Mexican pesos for the years ended December 31, 2020 and 2019.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="za1c87b6223294d91bc919f20f8670d25" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 49.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 14.15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">2020</div>
          </td>
          <td style="width: 18.6%; 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; font-family: Arial;">2019</div>
          </td>
          <td style="width: 17.62%; 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; font-family: Arial;">(Unfavorable)</div>
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">Favorable</div>
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">change</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.63%; vertical-align: top;">
            <div style="text-align: justify; font-family: Arial;">Interest expense</div>
          </td>
          <td style="width: 14.15%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">(10,482.2)</div>
          </td>
          <td style="width: 18.6%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial;">(10,402.0)</div>
          </td>
          <td style="width: 17.62%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial;">(80.2)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.63%; vertical-align: top;">
            <div style="text-align: justify; font-family: Arial;">Interest income</div>
          </td>
          <td style="width: 14.15%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">1,131.8</div>
          </td>
          <td style="width: 18.6%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial;">1,529.1</div>
          </td>
          <td style="width: 17.62%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial;">(397.3)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.63%; vertical-align: top;">
            <div style="text-align: justify; font-family: Arial;">Foreign exchange gain, net</div>
          </td>
          <td style="width: 14.15%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">3,159.9</div>
          </td>
          <td style="width: 18.6%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial;">935.3</div>
          </td>
          <td style="width: 17.62%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial;">2,224.6</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.63%; vertical-align: top;">
            <div style="text-align: justify; font-family: Arial;">Other finance income (expense), net</div>
          </td>
          <td style="width: 14.15%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">89.3</div>
          </td>
          <td style="width: 18.6%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial;">(873.2)</div>
          </td>
          <td style="width: 17.62%; vertical-align: top;">
            <div style="text-align: right; font-family: Arial;">962.5</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.63%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: justify; font-weight: bold; font-family: Arial;">Finance expense, net</div>
          </td>
          <td style="width: 14.15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">(6,101.2)</div>
          </td>
          <td style="width: 18.6%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">(8,810.8)</div>
          </td>
          <td style="width: 17.62%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">2,709.6</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">Finance expense, net, decreased by Ps.2,709.6 million, or 30.8%, to Ps.6,101.2 million in 2020, from Ps.8,810.8 million in 2019.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">This decrease reflected:</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="zdb3b7a57f11a4938b226870ea49c14ea" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 18pt;"><font style="font-family: Arial;"><br>
            </font> </td>
          <td style="width: 36pt; vertical-align: top; font-family: Arial;">(i)</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">a Ps.2,224.6 million increase in foreign exchange gain, net, resulting primarily from a higher U.S. dollar average net liability position beginning in March 31, 2020, in conjunction with a decrease in the
              carrying value of our hedged investments in shares and warrants of UHI, and a 16.4% appreciation of the Mexican pesos against the U.S. dollar from that date through December 31, 2020, which effect was partially offset by a 5.6 % depreciation
              of the Mexican peso against the U.S. dollar for the year ended December 31, 2020, in comparison with a 4.0% appreciation for the year ended December 31, 2019; and</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="z56ab066e5a4d416a888d438c1c938f99" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 18pt;"><font style="font-family: Arial;"><br>
            </font> </td>
          <td style="width: 36pt; vertical-align: top; font-family: Arial;">(ii)</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">a Ps.962.5 million favorable change in other finance income or expense, net, resulting primarily from changes in fair value of our derivative contracts.</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">These favorable variances were partially offset by:</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="z07232a650da74ed9be001525b37bb5bd" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 18pt;"><font style="font-family: Arial;"><br>
            </font> </td>
          <td style="width: 36pt; vertical-align: top; font-family: Arial;">(i)</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">a Ps.80.2 million increase in interest expense, primarily due to a higher average principal amount of long-term debt in 2020; and</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="z2d12827824a24275812bbd8212fa3a41" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 18pt;"><font style="font-family: Arial;"><br>
            </font> </td>
          <td style="width: 36pt; vertical-align: top; font-family: Arial;">(ii)</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial;">a Ps.397.3 million decrease in interest income, primarily explained by a lower average amount of cash equivalents as well as a reduction in interest rates.</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal; font-family: Arial;" id="DSPFPageNumber">9</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="font-weight: bold; font-family: Arial;">Share of Income or Loss of Associates and Joint Ventures, Net</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">Share of income or loss of associates and joint ventures, net, changed by Ps.6,350.5 million, to a share of loss of Ps.5,769.4 million in 2020, from a share of income of Ps.581.1 million in 2019.
      This unfavorable change reflected mainly (i) a Ps.5,455.4 million impairment adjustment to the carrying value of our investment in shares of UHI as of March 31, 2020; (ii) a lower share of income of UHI, the controlling company of Univision
      Communications Inc.; and (iii) a share of loss of Ocesa Entretenimiento, S.A. de C.V., a live entertainment company with operations primarily in Mexico, in which we mantain a 40% interest.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="font-weight: bold; font-family: Arial;">Income Taxes</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">Income taxes increased by Ps.2,336.1 million, or 87.5%, to Ps.5,004.6 million in 2020, compared with Ps.2,668.5 million in 2019. This increase reflected an increased tax base (income before share of
      loss of associates and joint ventures) as well as a higher effective income tax rate. The effective income tax rate increased primarily in connection with the cancellation of deferred tax assets related to unused tax losses, income tax adjustments
      from prior years, and an inflationary tax gain resulting from a higher net monetary liability position of significant companies in the Group for the year ended December 31, 2020.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="font-weight: bold; font-family: Arial;">Net Income Attributable to Non-controlling Interests</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">Net income attributable to non-controlling interests increased by Ps.85.6 million, or 5.8%, to Ps.1,566.3 million in 2020, compared with Ps.1,480.7 million in 2019. This increase reflected primarily
      a higher portion of net income attributable to non-controlling interests in our Cable segment, which was partially offset by a lower portion of net income attributable to non-cotrolling interests in our Sky segment.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="font-weight: bold; font-family: Arial;">Capital Expenditures</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">During 2020, we invested approximately U.S.$939.4 million in property, plant and equipment as capital expenditures. The following table sets forth the breakdown by segment of capital expenditures
      for 2020 and 2019.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="z5ba8877fd0464b16a8448daba2164623" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <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);">
            <div style="text-align: center; font-weight: bold; font-family: Arial;">Capital Expenditures</div>
            <div style="text-align: center; font-family: Arial;">Millions of U.S. Dollars</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); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">2020</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-style: italic; font-weight: bold; font-family: Arial;">2019</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.42%; vertical-align: top;">
            <div style="text-align: justify; font-family: Arial;">Cable</div>
          </td>
          <td style="width: 24.81%; vertical-align: bottom; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">662.5</div>
          </td>
          <td style="width: 27.77%; vertical-align: bottom;">
            <div style="text-align: right; font-family: Arial;">675.3</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.42%; vertical-align: top;">
            <div style="text-align: justify; font-family: Arial;">Sky</div>
          </td>
          <td style="width: 24.81%; vertical-align: bottom; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">250.2</div>
          </td>
          <td style="width: 27.77%; vertical-align: bottom;">
            <div style="text-align: right; font-family: Arial;">209.1</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.42%; vertical-align: top;">
            <div style="text-align: justify; font-family: Arial;">Content and Other Businesses</div>
          </td>
          <td style="width: 24.81%; vertical-align: bottom; border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-family: Arial;">26.7</div>
          </td>
          <td style="width: 27.77%; vertical-align: bottom;">
            <div style="text-align: right; font-family: Arial;">107.8</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.42%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: justify; font-weight: bold; font-family: Arial;">Total</div>
          </td>
          <td style="width: 24.81%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">939.4</div>
          </td>
          <td style="width: 27.77%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-weight: bold; font-family: Arial;">992.2</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal; font-family: Arial;" id="DSPFPageNumber">10</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="font-weight: bold; font-family: Arial;">Debt and Lease Liabilities</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">The following table sets forth our total consolidated debt, lease liabilities and other notes payable as of December 31, 2020 and 2019. Amounts are stated in millions of Mexican pesos.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <table cellspacing="0" cellpadding="0" id="z508af6fbf7044957bdcbda3854639b05" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); vertical-align: top; width: 52.04%; padding: 6pt 0px; font-family: Arial;">&#160;</td>
          <td style="border-top: 2px solid rgb(0, 0, 0); vertical-align: middle; width: 16.27%; padding: 6pt 0px;">
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">December 31, 2020</div>
          </td>
          <td style="border-top: 2px solid rgb(0, 0, 0); vertical-align: middle; width: 16.32%; padding: 6pt 0px;">
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">December 31, 2019</div>
          </td>
          <td style="border-top: 2px solid rgb(0, 0, 0); vertical-align: middle; width: 15.37%; padding: 6pt 0px;">
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">Increase</div>
            <div style="text-align: right; font-style: italic; font-weight: bold; font-family: Arial;">(Decrease)</div>
          </td>
        </tr>
        <tr>
          <td style="border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); vertical-align: middle; width: 52.04%; padding: 6pt 0px;">
            <div style="font-family: Arial;">Current portion of long-term debt</div>
          </td>
          <td style="border-top: 2px solid rgb(0, 0, 0); vertical-align: top; width: 16.27%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">617.0</div>
          </td>
          <td style="border-top: 2px solid rgb(0, 0, 0); vertical-align: top; width: 16.32%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">491.9</div>
          </td>
          <td style="border-top: 2px solid rgb(0, 0, 0); vertical-align: top; width: 15.37%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">125.1</div>
          </td>
        </tr>
        <tr>
          <td style="border-right: 2px solid rgb(0, 0, 0); vertical-align: middle; width: 52.04%; padding: 6pt 0px;">
            <div style="font-family: Arial;">Long-term debt, net of current portion</div>
          </td>
          <td style="vertical-align: top; width: 16.27%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">121,936.0</div>
          </td>
          <td style="vertical-align: top; width: 16.32%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">120,444.7</div>
          </td>
          <td style="vertical-align: top; width: 15.37%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">1,491.3</div>
          </td>
        </tr>
        <tr>
          <td style="border-right: 2px solid rgb(0, 0, 0); vertical-align: middle; width: 52.04%; padding: 6pt 0px;">
            <div style="margin-left: 22.05pt; font-weight: bold; font-family: Arial;">Total debt <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="vertical-align: top; width: 16.27%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold; font-family: Arial;">122,553.0</div>
          </td>
          <td style="vertical-align: top; width: 16.32%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold; font-family: Arial;">120,936.6</div>
          </td>
          <td style="vertical-align: top; width: 15.37%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold; font-family: Arial;">1,616.4</div>
          </td>
        </tr>
        <tr>
          <td style="border-right: 2px solid rgb(0, 0, 0); vertical-align: middle; width: 52.04%; padding: 6pt 0px;">
            <div style="font-family: Arial;">Current portion of long-term lease liabilities</div>
          </td>
          <td style="vertical-align: top; width: 16.27%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">1,277.7</div>
          </td>
          <td style="vertical-align: top; width: 16.32%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">1,257.8</div>
          </td>
          <td style="vertical-align: top; width: 15.37%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">19.9</div>
          </td>
        </tr>
        <tr>
          <td style="border-right: 2px solid rgb(0, 0, 0); vertical-align: middle; width: 52.04%; padding: 6pt 0px;">
            <div style="font-family: Arial;">Long-term lease liabilities, net of current portion</div>
          </td>
          <td style="vertical-align: top; width: 16.27%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">8,014.6</div>
          </td>
          <td style="vertical-align: top; width: 16.32%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">8,105.8</div>
          </td>
          <td style="vertical-align: top; width: 15.37%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">(91.2)</div>
          </td>
        </tr>
        <tr>
          <td style="border-right: 2px solid rgb(0, 0, 0); vertical-align: middle; width: 52.04%; padding: 6pt 0px;">
            <div style="text-align: justify; margin-left: 22.05pt; font-weight: bold; font-family: Arial;">Total lease liabilities</div>
          </td>
          <td style="vertical-align: top; width: 16.27%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold; font-family: Arial;">9,292.3</div>
          </td>
          <td style="vertical-align: top; width: 16.32%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold; font-family: Arial;">9,363.6</div>
          </td>
          <td style="vertical-align: top; width: 15.37%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold; font-family: Arial;">(71.3)</div>
          </td>
        </tr>
        <tr>
          <td style="border-right: 2px solid rgb(0, 0, 0); vertical-align: middle; width: 52.04%; padding: 6pt 0px;">
            <div style="font-family: Arial;">Current portion of other notes payable</div>
          </td>
          <td style="vertical-align: top; width: 16.27%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">-</div>
          </td>
          <td style="vertical-align: top; width: 16.32%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">1,324.1</div>
          </td>
          <td style="vertical-align: top; width: 15.37%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">(1,324.1)</div>
          </td>
        </tr>
        <tr>
          <td style="border-right: 2px solid rgb(0, 0, 0); vertical-align: middle; width: 52.04%; padding: 6pt 0px;">
            <div style="margin-left: 22.05pt; font-weight: bold; font-family: Arial;">Total other notes payable</div>
          </td>
          <td style="vertical-align: top; width: 16.27%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">-</div>
          </td>
          <td style="vertical-align: top; width: 16.32%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">1,324.1</div>
          </td>
          <td style="vertical-align: top; width: 15.37%; padding: 6pt 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-family: Arial;">(1,324.1)</div>
          </td>
        </tr>
        <tr>
          <td style="border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); vertical-align: middle; width: 52.04%; padding-top: 6pt; padding-right: 0px; padding-left: 0px;">
            <div style="margin-left: 22.05pt; font-weight: bold; font-family: Arial;">Total debt, lease liabilities and other notes payable</div>
            <div style="margin-left: 22.05pt; font-weight: bold; font-family: Arial;"> <br>
            </div>
          </td>
          <td style="border-bottom: 2px solid rgb(0, 0, 0); vertical-align: top; width: 16.27%; padding-top: 6pt; padding-right: 0px; padding-left: 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold; font-family: Arial;">131,845.3</div>
          </td>
          <td style="border-bottom: 2px solid rgb(0, 0, 0); vertical-align: top; width: 16.32%; padding-top: 6pt; padding-right: 0px; padding-left: 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold; font-family: Arial;">131,624.3</div>
          </td>
          <td style="border-bottom: 2px solid rgb(0, 0, 0); vertical-align: top; width: 15.37%; padding-top: 6pt; padding-right: 0px; padding-left: 0px;">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold; font-family: Arial;">221.0</div>
          </td>
        </tr>

    </table>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; margin-bottom: 10pt; font-size: 8pt; font-family: Arial;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup> As of December 31, 2020 and 2019, total debt is presented net of finance costs in the amount of Ps.1,324.3 million and Ps.1,441.6 million,
      respectively.</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">On October 6, 2020, we prepaid in full with no penalty a revolving credit facility in the principal amount of Ps.14,770.7 million.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">As of December 31, 2020, our consolidated net debt position (total debt and lease liabilities, less cash and cash equivalents, and certain non-current investments in financial instruments) was
      Ps.96,143.0 million. The aggregate amount of non-current investments in financial instruments included in our consolidated net debt position as of December 31, 2020, amounted to Ps.6,533.3 million.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="font-weight: bold; font-family: Arial;">Shares Outstanding</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">As of December 31, 2020 and 2019, our shares outstanding amounted to 325,992.5 million and 337,244.3 million shares, respectively, and our CPO equivalents outstanding amounted to 2,786.3 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>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">As of December 31, 2020 and 2019, the GDS (Global Depositary Shares) equivalents outstanding amounted to 557.3 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>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">The Company&#8217;s Board of Directors approved the cancellation of 44,215,692 CPOs that were acquired through the share buyback program during 2019 and 2020. This is subject to the approval of the
      Company&#8217;s stockholders.</div>
    <font style="font-family: Arial;"> </font>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal; font-family: Arial;" id="DSPFPageNumber">11</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-weight: bold; font-family: Arial;">Univision</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">On December 29, 2020, Searchlight Capital Partners, LP (&#8220;Searchlight&#8221;), a global private investment firm, ForgeLight LLC (&#8220;ForgeLight&#8221;), an operating and investment company focused on the media and
      consumer technology sectors, and Televisa announced the completion of Searchlight and ForgeLight&#8217;s acquisition of a majority ownership interest in Univision. In connection with the transaction Televisa maintained its ownership interest in Univision
      and converted its warrants into common stock.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="font-weight: bold; font-family: Arial;">Sustainability</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">During the fourth quarter, Televisa joined global leaders with its commitment to the Science Based Targets initiative. The Science Based Targets initiative is a partnership between CDP, which is a
      not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts, the United Nations Global Compact (UNGC), World Resources Institute (WRI), and the World Wide
      Fund for Nature (WWF). In addition, Televisa has been recognized as a company that integrates the Task Force Climate Related Financial Disclosure recommendations (TCFD).</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">Throughout 2020, Televisa&#8217;s many sustainability efforts continued to be recognized globally. For example, the Company was selected for the 2020 Dow Jones Sustainability MILA Pacific Alliance Index
      and was one of only five Mexican companies selected for the 2019 DJS Emerging Markets Index. Also, Televisa was included in three 2020 FTSE4Good Index Series: FTSE4Good Emerging Markets, FTSE4Good Emerging Latin America, and FTSE4Good BIVA.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">Besides, the Company was selected as one of only five Mexican companies to be included in the 2020 Bloomberg Gender-Equality Index. Also, Televisa was selected as a constituent of the ESG index,
      launched by S&amp;P, Dow Jones and the Mexican Stock Exchange. Finally, Televisa was confirmed as a signatory of the United Nations Global Compact, the world&#8217;s largest corporate sustainability initiative.</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="font-weight: bold; font-family: Arial;">COVID-19 Impact</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; margin-bottom: 10pt; font-family: Arial;">The COVID-19 pandemic has affected our business, financial position and results of operations for the quarter ended December 31, 2020, and it is currently difficult to predict
      the degree of the impact in the future.&#160;&#160;</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; margin-bottom: 10pt; font-family: Arial;">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.&#160; 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>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; margin-bottom: 10pt; font-family: Arial;">The Mexican Government is still implementing the plan to reactivate economic activities in accordance with color-based phases determined on a weekly basis in every state of the
      country. Most of non-essential economic activities are open with some limitations, mainly on capacity and hours of operation. However, a significant part of the population is still implementing social distancing and shelter-in-place policies. As a
      result, during the quarter ended December 31, 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.&#160;</div>
    <font style="font-family: Arial;"> </font>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal; font-family: Arial;" id="DSPFPageNumber">12</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-align: justify; margin-bottom: 10pt; font-family: Arial;">As of this date, given that they are considered essential economic activities, we have continued operating our media and telecommunications businesses&#160;uninterrupted to continue
      benefiting the country with connectivity, entertainment and information, and during the fourth quarter ended December 31, 2020, we continued with the production of new content following the requirements and health guidelines imposed by the Mexican
      Government.&#160; During the quarter ended December 31, 2020 our Content business recovered from the previous quarters during the pandemic as a result of the easing in lockdown restrictions in some jurisdictions in which our customers are located.
      Notwithstanding the foregoing, 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 or postpone their advertisement spending on
      our platforms.</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; margin-bottom: 10pt; font-family: Arial;">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,
      are operating with some limitations and taking the corresponding sanitary measures, and to date some of our casinos have resumed operations with reduced capacity and hours of operation.&#160; When local authorities approve the re-opening of the venues
      that are still not operating, rules may be enacted including capacity and operating hours restrictions; these may affect the results of our Other Businesses segment in the following months.&#160;&#160;</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; margin-bottom: 10pt; font-family: Arial;">Notwithstanding the foregoing, the authorities may impose restrictions on non-essential activities, including but not limited to temporary shutdowns or additional guidelines
      which could be expensive or burdensome to implement, which may affect our operations.</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; margin-bottom: 10pt; font-family: Arial;">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>
    <font style="font-family: Arial;"> </font>
    <div style="font-weight: bold; font-family: Arial;">Additional Information Available on Website</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-family: Arial;">The information in this press release should be read in conjunction with the financial statements and footnotes contained in the Company&#8217;s Annual Report and on Form 20-F for the year ended December
      31, 2019, which is posted on the &#8220;Reports and Filings&#8221; section of our investor relations website at televisair.com.</div>
    <font style="font-family: Arial;"> </font>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal; font-family: Arial;" id="DSPFPageNumber">13</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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      </font> </div>
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    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-weight: bold; font-family: Arial;">About Televisa</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-style: italic; font-family: Arial;">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;), a 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 representing approximately 36% on a fully-diluted 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>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-weight: bold; font-family: Arial;">Disclaimer</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-style: italic; font-family: Arial;">This press release contains forward-looking statements regarding the Company&#8217;s results and prospects. Actual results could differ materially from these statements. The
      forward-looking statements in this press release should be read in conjunction with the factors described in &#8220;Item 3. Key Information &#8211; Forward-Looking Statements&#8221; in the Company&#8217;s Annual Report on Form 20-F, which, among others, could cause actual
      results to differ materially from those contained in forward-looking statements made in this press release and in oral statements made by authorized officers of the Company. Readers are cautioned not to place undue reliance on these forward-looking
      statements, which speak only as of their dates. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.</div>
    <font style="font-family: Arial;"> </font>
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      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: justify; font-style: italic; font-family: Arial;">(Please see attached tables for financial information and ratings data)</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-style: italic; font-family: Arial;">###</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
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      </font> </div>
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      </font> </div>
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      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-size: 12pt; font-weight: bold; font-family: Arial;">Contact Information</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
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      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-weight: bold; font-family: Arial;">Investor Relations</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-family: Arial;"><u>www.televisair.com.mx</u></div>
    <font style="font-family: Arial;"><u> </u></font>
    <div style="text-align: center; font-family: Arial;">Tel: (52 55) 5261 2445</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-family: Arial;">Carlos Madrazo, VP, Head of Investor Relations <u>cmadrazov@televisa.com.mx</u></div>
    <font style="font-family: Arial;"><u> </u></font>
    <div style="text-align: center; font-family: Arial;">Santiago Casado, Investor Relations Director <u>scasado@televisa.com.mx</u></div>
    <font style="font-family: Arial;"><u> </u></font>
    <div><font style="font-family: Arial;"><u><br>
        </u></font> </div>
    <font style="font-family: Arial;"><u> </u></font>
    <div style="text-align: center; font-weight: bold; font-family: Arial;">Media Relations</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-family: Arial;">Rub&#233;n Acosta / Tel: (52 55) 5224 6420 / <u>racostamo@televisa.com.mx</u></div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-family: Arial;">Teresa Villa / Tel: (52 55) 4438 1205 / <u>atvillas@televisa.com.mx</u></div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
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      </font> </div>
    <font style="font-family: Arial;"> </font></div>
  <font style="font-family: Arial;"> </font>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal; font-family: Arial;" id="DSPFPageNumber">14</font></div>
    <div id="DSPFPageBreak" style="page-break-after: always;">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
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    </font>
    <div style="text-align: center; font-size: 8pt; font-weight: bold; font-family: Arial;">GRUPO TELEVISA, S.A.B.</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-size: 8pt; font-weight: bold; font-family: Arial;">CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-size: 8pt; font-weight: bold; font-family: Arial;">AS OF DECEMBER 31, 2020 AND 2019</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-size: 8pt; font-weight: bold; font-family: Arial;">(Millions of Mexican Pesos)</div>
    <font style="font-family: Arial;"> </font>
    <div></div>
    <div style="font-family: Arial;"><br>
    </div>
    <div>
      <div style="font-family: Arial;"><br>
      </div>
      <table cellspacing="0" cellpadding="0" id="z0a832f4923d841cb9f1d242b3350d9ce" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 18.3%; vertical-align: top; font-family: Arial;" colspan="3">
              <div style="text-align: center; font-size: 8pt;">December 31,</div>
            </td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 18.26%; vertical-align: top; font-family: Arial;" colspan="3">
              <div style="text-align: center; font-size: 8pt;">December 31,</div>
            </td>
          </tr>
          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 18.3%; vertical-align: top; font-family: Arial;" colspan="3">
              <div style="text-align: center; font-size: 8pt;">2020</div>
            </td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 18.26%; vertical-align: top; font-family: Arial;" colspan="3">
              <div style="text-align: center; font-size: 8pt;">2019</div>
            </td>
          </tr>
          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 76.55pt; font-size: 8pt; font-weight: bold;">ASSETS</div>
            </td>
            <td style="width: 18.3%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="3">
              <div style="text-align: center; font-size: 8pt;">(Unaudited)</div>
            </td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 18.26%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="3">
              <div style="text-align: center; font-size: 8pt;">(Audited)<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> 1</sup></div>
            </td>
          </tr>
          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.06%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
              <div style="font-size: 8pt;">Current assets:</div>
            </td>
            <td style="width: 4.06%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Cash and cash equivalents</div>
            </td>
            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">
              <div style="font-size: 8pt;">Ps.</div>
            </td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">29,169.0</div>
            </td>
            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">
              <div style="font-size: 8pt;">Ps.</div>
            </td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">27,452.3</div>
            </td>
            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Trade notes and accounts receivable, net</div>
            </td>
            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">12,651.5</div>
            </td>
            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">14,486.2</div>
            </td>
            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Other accounts and notes receivable, net</div>
            </td>
            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;<font style="font-size: 12pt;">&#160;</font>12,694.7</div>
            </td>
            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;10,692.9</div>
            </td>
            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Derivative financial instruments</div>
            </td>
            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">-</div>
            </td>
            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;&#160;&#160;&#160;1.7</div>
            </td>
            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Due from related parties</div>
            </td>
            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">787.0</div>
            </td>
            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;&#160;&#160;&#160;814.4</div>
            </td>
            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Transmission rights and programming</div>
            </td>
            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;<font style="font-size: 12pt;">&#160;</font>6,396.2</div>
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            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;6,479.3</div>
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            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
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            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">1,641.3</div>
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            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;1,151.4</div>
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            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
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              <div style="text-indent: 28.6pt; font-size: 8pt;">Contract costs</div>
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            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">1,598.4</div>
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            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
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              <div style="text-align: right; font-size: 8pt;">&#160;1,379.4</div>
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            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
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            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
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            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">1,675.4</div>
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            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
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            <td style="width: 4.06%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
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              <div style="text-align: right; font-size: 8pt;">4,580.8</div>
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            <td style="width: 1.77%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
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            <td style="width: 0.92%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
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            <td style="width: 4.06%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
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            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
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            <td style="width: 0.92%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
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          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
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            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
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          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Derivative financial instruments</div>
            </td>
            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">-</div>
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            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
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          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Transmission rights and programming</div>
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            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">7,982.8</div>
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            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;&#160;7,901.6</div>
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            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
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          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
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            </td>
            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">7,002.7</div>
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            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;44,265.9</div>
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            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
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          <tr>
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            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">22,784.8</div>
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            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;9,762.4</div>
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            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
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            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">83,284.3</div>
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            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;83,329.2</div>
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            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
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            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Right-of-use assets</div>
            </td>
            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">7,212.2</div>
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            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">7,553.1</div>
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            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
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          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
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            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">42,721.5</div>
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            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;43,329.0</div>
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            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
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          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Deferred income tax assets</div>
            </td>
            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;<font style="font-size: 12pt;">&#160;</font>28,309.5</div>
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            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;24,185.1</div>
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            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
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          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Contract costs</div>
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            <td style="width: 4.06%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">2,943.1</div>
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            <td style="width: 1.77%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">2,311.8</div>
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            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
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          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Other assets</div>
            </td>
            <td style="width: 4.06%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;&#160;<font style="font-size: 12pt;">&#160;</font>225.4</div>
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            <td style="width: 1.77%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">&#160;&#160;271.8</div>
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            <td style="width: 0.92%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
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          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
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            <td style="width: 4.06%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">202,466.3</div>
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            <td style="width: 1.77%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">222,912.8</div>
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            <td style="width: 0.92%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
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          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">
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            <td style="width: 12.47%; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">271,985.2</div>
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            <td style="width: 1.77%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
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            <td style="width: 13.19%; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">290,343.9</div>
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            <td style="width: 0.92%; vertical-align: top; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">&#160;</td>
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          <tr>
            <td style="width: 60.66%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.06%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 12.47%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 1.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.77%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 4.16%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 13.19%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 0.92%; vertical-align: top; font-family: Arial;">&#160;</td>
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        <font style="font-size: 12pt;"><br>
        </font><br>
      </div>
      <div style="font-family: Arial;"><br>
      </div>
      <div style="font-family: Arial;"><br>
      </div>
      <div style="font-family: Arial;"><br>
      </div>
    </div>
    <font style="font-family: Arial;"><br>
    </font>
    <div style="text-align: justify; font-size: 8pt; font-family: Arial;"><sup style="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 ofcurrent assets held for sale, and has been
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    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
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    <div style="margin-bottom: 10pt;"><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-size: 8pt; font-weight: bold; font-family: Arial;">GRUPO TELEVISA, S.A.B.</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-size: 8pt; font-weight: bold; font-family: Arial;">CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-size: 8pt; font-weight: bold; font-family: Arial;">AS OF DECEMBER 31, 2020 AND 2019</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-size: 8pt; font-weight: bold; font-family: Arial;">(Millions of Mexican Pesos)</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div>
      <div style="font-family: Arial;"><br>
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      <table cellspacing="0" cellpadding="0" id="z5e58f04b838141e4932a53273f5b03be" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 17.63%; vertical-align: top; font-family: Arial;" colspan="2">
              <div style="text-align: center; font-size: 8pt;">December 31,</div>
            </td>
            <td style="width: 3.24%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 17.84%; vertical-align: top; font-family: Arial;" colspan="4">
              <div style="text-align: center; font-size: 8pt;">December 31,</div>
            </td>
            <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
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          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 17.63%; vertical-align: top; font-family: Arial;" colspan="2">
              <div style="text-align: center; font-size: 8pt;">2020</div>
            </td>
            <td style="width: 3.24%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 17.84%; vertical-align: top; font-family: Arial;" colspan="4">
              <div style="text-align: center; font-size: 8pt;">2019</div>
            </td>
            <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
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            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 76.55pt; font-size: 8pt; font-weight: bold;">LIABILITIES</div>
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            <td style="width: 17.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="2">
              <div style="text-align: center; font-size: 8pt;">(Unaudited)</div>
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            <td style="width: 3.24%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 17.84%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="4">
              <div style="text-align: center; font-size: 8pt;">(Audited)</div>
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            <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
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          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
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          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="font-size: 8pt;">Current liabilities:</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
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          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Current portion of long-term debt</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">
              <div style="font-size: 8pt;">Ps.</div>
            </td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">617.0</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">
              <div style="font-size: 8pt;">Ps.</div>
            </td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">491.9</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Interest payable</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">1,934.7</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">1,943.9</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Current portion of lease liabilities</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">1,277.7</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">1,257.8</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Current portion of other notes payable</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">-</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">1,324.1</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Derivative financial instruments</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">2,017.0</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">568.8</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Trade accounts payable and accrued expenses</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">21,890.2</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">20,909.7</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Customer deposits and advances</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">6,230.1</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">5,779.8</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Income taxes payable</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">2,058.1</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">2,470.2</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Other taxes payable</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">4,463.3</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">3,448.0</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Employee benefits</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">1,262.6</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">911.9</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Due to related parties</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">83.0</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">644.2</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.35pt; font-size: 8pt;">Liabilities related to assets held for sale</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">-</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">432.8</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.35pt; font-size: 8pt;">Other current liabilities</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">2,204.9</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">1,981.9</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 49.65pt; font-size: 8pt;">Total current liabilities</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">44,038.6</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">42,165.0</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="font-size: 8pt;">Non-current liabilities:</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.35pt; font-size: 8pt;">Long-term debt, net of current portion</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">121,936.0</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">120,444.7</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.35pt; font-size: 8pt;">Lease liabilities, net of current portion</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">8,014.6</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">8,105.8</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.35pt; font-size: 8pt;">Derivative financial instruments</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">1,459.3</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">346.6</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
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          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Income taxes payable</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">767.1</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">1,759.7</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
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          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Deferred income tax liabilities</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">1,824.6</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">7,052.2</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
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          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Post-employment benefits</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">2,080.7</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">1,468.1</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.6pt; font-size: 8pt;">Other long-term liabilities</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">3,553.7</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">3,376.6</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 49.65pt; font-size: 8pt;">Total non-current liabilities</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">139,636.0</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">142,553.7</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 49.65pt; font-size: 8pt;">Total liabilities</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">183,674.6</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">184,718.7</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 92.15pt; font-size: 8pt; font-weight: bold;">EQUITY</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="font-size: 8pt;">Capital stock</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">4,907.8</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">4,907.8</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="font-size: 8pt;">Additional paid-in-capital</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">15,889.8</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">15,889.8</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 3.96%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">20,797.6</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">20,797.6</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="font-size: 8pt;">Retained earnings:</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.35pt; font-size: 8pt;">Legal reserve</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">2,139.0</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">2,139.0</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.35pt; font-size: 8pt;">Unappropriated earnings</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">83,391.7</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">75,887.1</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 28.35pt; font-size: 8pt;">Net (loss) income for the period</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">(892.3</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: center; font-size: 8pt;">)</div>
            </td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">4,626.1</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">84,638.4</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">82,652.2</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="font-size: 8pt;">Accumulated other comprehensive (loss) income, net</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">(15,556.4</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">
              <div style="text-align: center; font-size: 8pt;">)</div>
            </td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">1,320.4</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="font-size: 8pt;">Shares repurchased</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">(16,079.1</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="font-size: 8pt;">)</div>
            </td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">(14,018.8</div>
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            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">
              <div style="text-align: center; font-size: 8pt;">)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 3.96%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">53,002.9</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">69,953.8</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="text-indent: 35.45pt; font-size: 8pt;">&#160;&#160;&#160;&#160;&#160;&#160;Equity attributable to stockholders of the Company</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">73,800.5</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">90,751.4</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
              <div style="font-size: 8pt;">Non-controlling interests</div>
            </td>
            <td style="width: 3.96%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">14,510.1</div>
            </td>
            <td style="width: 0.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">14,873.8</div>
            </td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
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          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
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            </td>
            <td style="width: 3.96%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">88,310.6</div>
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            <td style="width: 0.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">105,625.2</div>
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            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
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          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">
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            </td>
            <td style="width: 3.96%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
              <div style="font-size: 8pt;">Ps.</div>
            </td>
            <td style="width: 13.67%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">271,985.2</div>
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            <td style="width: 0.63%; vertical-align: top; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
              <div style="font-size: 8pt;">Ps.</div>
            </td>
            <td style="width: 12.85%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
              <div style="text-align: right; font-size: 8pt;">290,343.9</div>
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            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
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          <tr>
            <td style="width: 61.09%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 3.96%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 13.67%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 0.63%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
            <td style="width: 4.05%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 12.85%; vertical-align: top; font-family: Arial;">&#160;</td>
            <td style="width: 0.94%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
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      <div style="font-family: Arial;"><br>
      </div>
    </div>
    <font style="font-family: Arial;"><br>
    </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">16</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-size: 8pt; font-weight: bold; font-family: Arial;">GRUPO TELEVISA, S.A.B.</div>
    <font style="font-family: Arial;"> </font>
    <div style="text-align: center; font-size: 8pt; font-weight: bold; font-family: Arial;">CONDENSED CONSOLIDATED STATEMENTS OF INCOME FOR THE</div>
    <font style="font-family: Arial;"> </font>
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    <div style="text-align: center; font-size: 8pt; font-weight: bold; font-family: Arial;">(Millions of Mexican Pesos)</div>
    <font style="font-family: Arial;"> </font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"><br>
    </font>
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        <tr>
          <td style="width: 34.56%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 12.09%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          <td style="width: 7.4%; vertical-align: top; font-family: Arial;" colspan="4">&#160;</td>
          <td style="width: 1.38%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 1.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 11.96%; vertical-align: top; font-family: Arial;" colspan="7">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
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        <tr>
          <td style="width: 34.56%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 27.17%; vertical-align: top;" colspan="7">
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            <div style="text-align: center; font-family: Arial; font-size: 8pt;">December 31,</div>
          </td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 26.64%; vertical-align: top;" colspan="11">
            <div style="text-align: center; font-family: Arial; font-size: 8pt;">Twelve months ended</div>
            <div style="text-align: center; font-family: Arial; font-size: 8pt;">December 31,</div>
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          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
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        <tr>
          <td style="width: 34.56%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 12.98%; vertical-align: top; font-family: Arial;" colspan="3">
            <div style="text-align: center; font-size: 8pt;">2020</div>
          </td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 12.25%; vertical-align: top; font-family: Arial;" colspan="3">
            <div style="text-align: center; font-size: 8pt;">2019</div>
          </td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: top; font-family: Arial;">
            <div style="text-align: center; font-size: 8pt;">2020</div>
          </td>
          <td style="width: 0.93%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: top; font-family: Arial;" colspan="4">
            <div style="text-align: center; font-size: 8pt;">2019</div>
          </td>
          <td style="width: 0.93%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 12.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="3">
            <div style="text-align: center; font-size: 8pt;">(Unaudited)</div>
          </td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 12.25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="3">
            <div style="text-align: center; font-size: 8pt;">(Unaudited)</div>
          </td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: center; font-size: 8pt;">(Unaudited)</div>
          </td>
          <td style="width: 0.93%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="4">
            <div style="text-align: center; font-size: 8pt;">(Audited)</div>
          </td>
          <td style="width: 0.93%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: top; font-family: Arial;" colspan="4">&#160;</td>
          <td style="width: 0.93%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
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        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="font-size: 8pt;">Net sales</div>
          </td>
          <td style="width: 0.78%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: bottom; font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
          </td>
          <td style="width: 8.62%; vertical-align: bottom; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">27,782.7</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: bottom; font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
          </td>
          <td style="width: 7.94%; vertical-align: bottom; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">28,268.2</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: bottom; font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
          </td>
          <td style="width: 8.3%; vertical-align: bottom; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">97,361.6</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: bottom; font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
          </td>
          <td style="width: 10.88%; vertical-align: bottom; font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">101,757.2</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.78%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 3.43%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 8.62%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 1.94%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 3.38%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 7.94%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 3.79%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 8.3%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 2.34%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 2.14%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 10.88%; vertical-align: bottom; font-family: Arial;" colspan="4" rowspan="1">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
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        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="font-size: 8pt;">Cost of sales</div>
          </td>
          <td style="width: 0.78%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: bottom; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">15,438.9</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: bottom; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">17,041.5</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: bottom; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">56,989.6</div>
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          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: bottom; font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">59,067.4</div>
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          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.78%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 3.43%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 8.62%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 1.94%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 3.38%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 7.94%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 3.79%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 8.3%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 2.34%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 2.14%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 10.88%; vertical-align: bottom; font-family: Arial;" colspan="4" rowspan="1">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="font-size: 8pt;">Selling expenses</div>
          </td>
          <td style="width: 0.78%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: bottom; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">2,797.9</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: bottom; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">2,754.8</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: bottom; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">10,366.6</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: bottom; font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">11,099.0</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.78%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 3.43%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 8.62%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 1.94%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 3.38%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 7.94%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 3.79%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 8.3%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 2.34%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 2.14%; vertical-align: bottom; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 10.88%; vertical-align: bottom; font-family: Arial;" colspan="4" rowspan="1">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="font-size: 8pt;">Administrative expenses</div>
          </td>
          <td style="width: 0.78%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">3,285.7</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">3,187.7</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">12,713.7</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">13,269.2</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="text-indent: 21.55pt; font-size: 8pt;">Income before other expense</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: middle; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">6,260.2</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: middle; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">5,284.2</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: middle; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">17,291.7</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: middle; font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">18,321.6</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="font-size: 8pt;">Other (expense) income, net</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">(399.9</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">
            <div style="font-size: 8pt;">)</div>
          </td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">(455.3</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">
            <div style="font-size: 8pt;">)</div>
          </td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">257.5</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">(1,316.6</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">
            <div style="font-size: 8pt;">)</div>
          </td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="text-indent: 21.25pt; font-size: 8pt;">Operating income</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">5,860.3</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">4,828.9</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">17,549.2</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">17,005.0</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="font-size: 8pt;">Finance expense</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: middle; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">(4,127.4</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">
            <div style="font-size: 8pt;">)</div>
          </td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: middle; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">(3,117.1</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">
            <div style="font-size: 8pt;">)</div>
          </td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: middle; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">(10,482.2</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">
            <div style="font-size: 8pt;">)</div>
          </td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: middle; font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">(11,275.2</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">
            <div style="font-size: 8pt;">)</div>
          </td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="font-size: 8pt;">Finance income</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">6,513.1</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">1,719.0</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">4,381.0</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">2,464.4</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="text-indent: 21.25pt; font-size: 8pt;">Finance income (expense), net</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">2,385.7</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">(1,398.1</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">
            <div style="font-size: 8pt;">)</div>
          </td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">(6,101.2</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">
            <div style="font-size: 8pt;">)</div>
          </td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">(8,810.8</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">
            <div style="font-size: 8pt;">)</div>
          </td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom;">
            <div style="font-family: Arial; font-size: 8pt;">Share of (loss) income of associates and joint</div>
            <div style="text-indent: 14.15pt; font-family: Arial; font-size: 8pt;">ventures, net</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">(438.5</div>
          </td>
          <td style="width: 0.93%; vertical-align: bottom; font-family: Arial;">
            <div style="font-size: 8pt;">)</div>
          </td>
          <td style="width: 1.94%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">91.5</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">(5,769.4</div>
          </td>
          <td style="width: 0.93%; vertical-align: bottom; font-family: Arial;">
            <div style="font-size: 8pt;">)</div>
          </td>
          <td style="width: 2.34%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">581.1</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="text-indent: 21.25pt; font-size: 8pt;">Income before income taxes</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: middle; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">7,807.5</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: middle; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">3,522.3</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: middle; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">5,678.6</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: middle; font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">8,775.3</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="font-size: 8pt;">Income taxes</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">3,858.9</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">695.7</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">5,004.6</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">2,668.5</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="text-indent: 21.25pt; font-size: 8pt;">Net income</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
          </td>
          <td style="width: 8.62%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">3,948.6</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
          </td>
          <td style="width: 7.94%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">2,826.6</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
          </td>
          <td style="width: 8.3%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">674.0</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
          </td>
          <td style="width: 10.88%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">6,106.8</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: middle; font-family: Arial;" colspan="4">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="font-size: 8pt;">Net income attributable to:</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: middle; font-family: Arial;" colspan="4">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
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        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="text-indent: 14.15pt; font-size: 8pt;">Stockholders of the Company</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
          </td>
          <td style="width: 8.62%; vertical-align: middle; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">3,670.3</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
          </td>
          <td style="width: 7.94%; vertical-align: middle; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">2,410.1</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: middle; font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
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          <td style="width: 8.3%; vertical-align: middle; font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">(892.3</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">
            <div style="font-size: 8pt;">)</div>
          </td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; font-family: Arial;">
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          </td>
          <td style="width: 10.88%; vertical-align: middle; font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">4,626.1</div>
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          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
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        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="text-indent: 14.15pt; font-size: 8pt;">Non-controlling interests</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">278.3</div>
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          <td style="width: 0.93%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">416.5</div>
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          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">1,566.3</div>
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          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">1,480.7</div>
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          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
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        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">
            <div style="text-indent: 21.25pt; font-size: 8pt;">Net income</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
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          <td style="width: 8.62%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">3,948.6</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
          </td>
          <td style="width: 7.94%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">2,826.6</div>
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          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
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          <td style="width: 8.3%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">674.0</div>
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          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
          </td>
          <td style="width: 10.88%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">6,106.8</div>
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          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
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        <tr>
          <td style="width: 34.56%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 8.3%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 10.88%; vertical-align: middle; font-family: Arial;" colspan="4">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
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        <tr>
          <td style="width: 34.56%; vertical-align: bottom;">
            <div style="font-family: Arial; font-size: 8pt;">Basic earnings (loss) per CPO attributable to</div>
            <div style="text-indent: 14.15pt; font-family: Arial; font-size: 8pt;">stockholders of the Company</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
          </td>
          <td style="width: 8.62%; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">1.30</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
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          <td style="width: 7.94%; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">0.83</div>
          </td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.79%; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
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          <td style="width: 8.3%; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="text-align: right; font-size: 8pt;">(0.31</div>
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          <td style="width: 0.93%; vertical-align: middle;">
            <div style="font-family: Arial;">&#160;</div>
            <div style="font-family: Arial; font-size: 8pt;">)</div>
          </td>
          <td style="width: 2.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.14%; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;">
            <div style="font-size: 8pt;">Ps.</div>
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          <td style="width: 10.88%; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); font-family: Arial;" colspan="4">
            <div style="text-align: right; font-size: 8pt;">1.60</div>
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          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
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        <tr>
          <td style="width: 34.56%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 12.09%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          <td style="width: 7.4%; vertical-align: top; font-family: Arial;" colspan="4">&#160;</td>
          <td style="width: 1.38%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 1.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 11.96%; vertical-align: top; font-family: Arial;" colspan="7">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
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        <tr>
          <td style="width: 34.56%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.78%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.43%; vertical-align: middle; font-family: Arial;">&#160;</td>
          <td style="width: 8.62%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 1.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 3.38%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 7.94%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.93%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 1.34%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 12.09%; vertical-align: top; font-family: Arial;" colspan="2">&#160;</td>
          <td style="width: 7.4%; vertical-align: top; font-family: Arial;" colspan="4">&#160;</td>
          <td style="width: 1.38%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 1.32%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 11.96%; vertical-align: top; font-family: Arial;" colspan="7">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; font-family: Arial;">&#160;</td>
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    </div>
    <div style="margin-bottom: 10pt; font-family: Arial;"><br>
    </div>
    <font style="font-family: Arial;"></font>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <font style="font-family: Arial;"> </font>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
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    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal; font-family: Arial;" id="DSPFPageNumber">17</font></div>
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    <div style="text-align: center; margin-bottom: 10pt;">SIGNATURE</div>
    <div style="margin-top: 12pt; margin-bottom: 10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</div>
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          <td style="width: 1.38%; vertical-align: bottom;">&#160;</td>
          <td style="width: 3.82%; vertical-align: middle;">&#160;</td>
          <td style="width: 1.38%; vertical-align: bottom;">&#160;</td>
          <td style="width: 6.16%; vertical-align: middle;">&#160;</td>
          <td style="width: 1.38%; vertical-align: bottom;">&#160;</td>
          <td style="width: 42.45%; vertical-align: middle;">&#160;</td>
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            <div>&#160;</div>
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          <td style="width: 43.43%; vertical-align: top;">&#160;</td>
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            <div>Dated: February 23, 2021</div>
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            <div>&#160;</div>
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          <td style="width: 3.82%; vertical-align: top;">&#160;</td>
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          <td style="width: 42.45%; vertical-align: top; border-bottom: 2px solid #000000;">
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              <div>/s/ Luis Alejandro Bustos Olivares</div>
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            <div>&#160;</div>
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            <div>&#160;</div>
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            <div>Luis Alejandro Bustos Olivares</div>
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          <td style="width: 3.82%; vertical-align: top;">&#160;</td>
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