Consolidated statements of income

For the years ended December 31, 2014 and 2013
(Millions of Mexican pesos)

  Note     2014   2013
Revenue 32   Ps 229,226 Ps 203,456
Cost of sales 25     (187,705)   (166,829)
Gross profit       41,521   36,627
             
Selling expenses 25     (13,489)   (11,142)
Administrative expenses 25     (10,933)   (9,189)
Other revenues, net 26     127   210
Operating profit before non-recurring items       17,226   16,506
             
Non-recurring items 27     -   (2,421)
Operating profit       17,226   14,085
             
Financial income, including foreign exchange gain of Ps7,455 and Ps16 in 2014 and 2013, respectively 28     7,677   286
Financial costs, including foreign exchange loss of Ps12,676 and Ps365 in 2014 and 2013, respectively 28     (17,633)   (4,343)
Impairment of financial assets available for sale 28     (8,665)    
Financial costs, net       (18,621)   (4,057)
             
Share of losses of investments
accounted for using the equity method
      (291)   (41)
(Loss) profit before income tax       (1,686)   9,987
             
Income tax 30     557   (3,192)
Net consolidated (loss) profit     Ps (1,129) Ps 6,795
             
(Loss) profit attributable to:
           
Controlling interest     Ps (2,037) Ps 5,926
             
Non-controlling interest       908   869
      Ps (1,129) Ps 6,795
             
(Losses) earnings per basic and diluted share, in pesos     Ps (0.40) Ps 1.15
Weighted average of outstanding shares (thousands of shares)       5,143,480   5,143,886

The accompanying notes are an integral part of these consolidated financial statements.