o
|
Stockholders' Equity of $1,834.8 million.
|
o
|
Financial Debt of 14.3 percent from Stockholders' Equity.
|
o
|
Accumulated Financial expenses decreased 23.4 percent.
|
o
|
Consolidated revenues increased 13.1 percent.
|
o
|
Reactivation of our offshore vessels, specialized vessels, shipyard and shipping agency businesses.
|
As of Dec 31, 2021 |
As of Dec 31, 2020 | ||
Short-term Debt
|
$196.2
|
$129.1
| |
Long-term Debt
|
65.6
|
53.6
| |
Total Debt
|
$261.8
|
$182.7
| |
Cash
|
88.6
|
143.0
| |
Net Debt
|
$173.2
|
$39.7
| |
Short-term Leases
|
$126.3
|
$58.2
| |
Long-term Leases
|
285.7
|
297.3
| |
Leases IFRS 16
|
$411.9
|
$355.5
| |
Stockholders' Equity
|
$1,834.8
|
$2,247.4
| |
Book value per share
|
$18.0
|
$22.0
|
December 31,
|
December 31,
| |
2021
|
2020
| |
Cash in cash and banks
|
40.4
|
103.2
|
Restricted cash
|
48.2
|
39.7
|
Total cash and cash equivalents
|
88.6
|
143.0
|
Accounts receivable - Net
|
481.2
|
228.6
|
Other accounts receivable
|
68.7
|
60.8
|
Taxes to be recovered
|
202.9
|
203.5
|
Prepaid expenses and others current assets
|
143.0
|
86.3
|
Non-current assets held for sale
|
455.2
|
-
|
Total current assets
|
1,439.5
|
722.2
|
Taxes to be recovered long term
|
280.0
|
238.0
|
Property, machinery and, equipment
|
1,648.6
|
2,894.8
|
Cumulative Depreciation
|
(178.9)
|
(366.1)
|
Property, machinery and, equipment - Net
|
1,469.6
|
2,528.7
|
Rights of use
|
334.4
|
354.2
|
Other assets
|
276.2
|
187.5
|
Total assets
|
3,799.7
|
4,030.5
|
Bank loans and current maturities of long-term liabilities
|
196.2
|
129.1
|
Leases short-term
|
126.3
|
58.2
|
Suppliers
|
436.8
|
229.0
|
Other accounts payable and accrued expenses
|
550.4
|
526.6
|
Total current liabilities
|
1,309.7
|
942.9
|
Bank loans
|
65.6
|
53.6
|
Leases long-term
|
285.7
|
297.3
|
Deferred taxes
|
196.1
|
312.3
|
Other long-term liabilities
|
107.9
|
177.0
|
Total long-term liabilities
|
655.3
|
840.3
|
Total liabilities
|
1,964.9
|
1,783.1
|
Total stockholders´ equity
|
1,834.8
|
2,247.4
|
Total liabilities and stockholders´ equity
|
3,799.7
|
4,030.5
|
Quarter ended
|
Year ended
| ||||
December 31,
|
December,
| ||||
2021
|
2020
|
2021
|
2020
| ||
Maritime
|
303.3
|
197.5
|
973.6
|
751.2
| |
Ports and Terminals
|
56.7
|
67.6
|
234.1
|
313.0
| |
Warehousing Services
|
61.0
|
31.6
|
153.5
|
139.0
| |
Revenue from freight and services
|
421.0
|
296.7
|
1,361.2
|
1,203.3
| |
Maritime
|
(270.0)
|
(151.1)
|
(867.7)
|
(634.9)
| |
Ports and Terminals
|
(53.4)
|
(67.0)
|
(219.6)
|
(292.2)
| |
Warehousing Services
|
(41.0)
|
(18.9)
|
(109.5)
|
(110.3)
| |
Cost of freight and services
|
(364.3)
|
(236.9)
|
(1,196.7)
|
(1,037.4)
| |
Maritime
|
(10.6)
|
(9.8)
|
(23.0)
|
(41.8)
| |
Ports and Terminals
|
(7.4)
|
(9.9)
|
(33.2)
|
(38.0)
| |
Warehousing Services
|
(19.6)
|
(14.1)
|
(56.5)
|
(45.3)
| |
Depreciation and amortization
|
(37.6)
|
(33.7)
|
(112.8)
|
(125.0)
| |
Maritime
|
22.8
|
36.7
|
82.9
|
74.5
| |
Ports and Terminals
|
(4.0)
|
(9.3)
|
(18.7)
|
(17.2)
| |
Warehousing Services
|
0.4
|
(1.4)
|
(12.5)
|
(16.5)
| |
Results by business
|
19.1
|
26.1
|
51.7
|
40.8
| |
Corporate expenses
|
28.9
|
(16.8)
|
(73.8)
|
(96.3)
| |
Corporate depreciation and amortization
|
(1.1)
|
(1.9)
|
(4.4)
|
(16.0)
| |
Non-recurring (expenses) income
|
(99.7)
|
(75.7)
|
(169.3)
|
(257.2)
| |
Operating (loss) gain
|
(52.9)
|
(68.3)
|
(195.8)
|
(328.8)
| |
Financial (expenses) income - Net
|
(9.2)
|
(8.1)
|
(28.2)
|
(35.0)
| |
Leases financial expenses
|
(4.2)
|
(11.6)
|
(34.2)
|
(33.5)
| |
Exchange gain (loss) - Net
|
(4.6)
|
29.1
|
3.2
|
(25.1)
| |
Net financial cost
|
(18.1)
|
9.5
|
(59.2)
|
(93.7)
| |
(loss) gain before taxes
|
(70.9)
|
(58.9)
|
(255.0)
|
(422.5)
| |
Provision for taxes
|
0.0
|
(16.6)
|
21.1
|
19.3
| |
Net (loss) gain for the period
|
(70.9)
|
(75.5)
|
(233.9)
|
(403.2)
| |
Attributable to:
| |||||
Minority interest
|
1.3
|
(0.1)
|
(5.5)
|
(5.0)
| |
Equity holders of GTMM, S.A.B.
|
(72.3)
|
(75.4)
|
(228.4)
|
(398.1)
| |
Weighted average outstanding shares (millions)
|
102.183
|
102.183
|
102.183
|
102.183
| |
Income (loss) earnings per share (pesos/share)
|
(0.7)
|
(0.7)
|
(2.2)
|
(3.9)
| |
Outstanding shares at end of period (millions)
|
102.183
|
102.183
|
102.183
|
102.183
| |
Income (loss) earnings per share (pesos/share)
|
(0.7)
|
(0.7)
|
(2.2)
|
(3.9)
|
Quarter ended
|
Year ended
| ||||
December 31,
|
December 31,
| ||||
2021
|
2020
|
2021
|
2020
| ||
Net loss for the period
|
(70.9)
|
(75.5)
|
(233.9)
|
(403.2)
| |
Depreciation & amortization
|
38.7
|
35.9
|
117.2
|
142.3
| |
Deferred taxes
|
(0.2)
|
34.3
|
(28.2)
|
(30.2)
| |
Other non-cash items
|
36.9
|
39.2
|
137.6
|
200.8
| |
Total non-cash items
|
75.4
|
109.4
|
226.7
|
312.9
| |
Changes in assets & liabilities
|
(27.7)
|
(0.9)
|
(112.0)
|
(122.4)
| |
Total adjustments
|
47.8
|
108.5
|
114.7
|
190.5
| |
Net cash used in operating activities
|
(23.2)
|
33.0
|
(119.2)
|
(212.6)
| |
Proceeds from sales of assets
|
13.3
|
34.7
|
97.0
|
41.7
| |
Payments for purchases of assets
|
(0.6)
|
(7.1)
|
(42.6)
|
(28.4)
| |
Net cash (used in) provided by investment activities
|
12.7
|
27.7
|
54.4
|
13.3
| |
Short-term borrowings (net)
|
3.7
|
(6.0)
|
37.5
|
(35.2)
| |
Repayment of leases
|
25.9
|
(20.1)
|
(43.3)
|
(90.4)
| |
Proceeds from (repayment of) long-term debt
|
(4.1)
|
(65.2)
|
15.6
|
(79.8)
| |
Net cash provided by (used in) financing activities
|
25.5
|
(91.3)
|
9.8
|
(205.4)
| |
Exchange effect on cash
|
(2.6)
|
(14.8)
|
0.5
|
34.9
| |
Net increase (decrease) in cash
|
12.4
|
(45.5)
|
(54.4)
|
(369.8)
| |
Cash at beginning of period
|
76.2
|
188.5
|
143.0
|
512.8
| |
Cash at end of period
|
88.6
|
143.0
|
88.6
|
143.0
|
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Disclaimer
Grupo TMM SAB published this content on 23 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 16:46:03 UTC.