--------- --------- ------ ---------- ---------- ------ Currency translation effect (45,788) (161,220) 252.1% (139,739) (339,551) 143.0% --------- --------- ------ ---------- ---------- ------ Cash flow hedges, net of income tax 0 45,635 100.0% 0 137,387 100.0% --------- --------- ------ ---------- ---------- ------ Remeasurements of employee benefit -- net income tax (146) 103.0 (170.5%) (293) 205 (170.0%) --------- --------- ------ ---------- ---------- ------ Comprehensive income 1,217,639 2,249,154 84.7% 2,521,090 4,490,130 78.1% --------- --------- ------ ---------- ---------- ------ Non-controlling interest (19,763) (51,631) (161.3%) (44,929) (70,658) (57.3%) --------- --------- ------ ---------- ---------- ------ Comprehensive income attributable to controlling interest 1,197,876 2,197,523 83.5% 2,476,161 4,419,472 78.5% --------- --------- ------ ---------- ---------- ------ 2Q19 2Q22 Change 6M19 6M22 Change EBITDA 2,428,238 4,081,701 68.1% 4,928,316 7,790,121 58.1% --------- --------- ------ ---------- ---------- ------ Comprehensive income 1,217,639 2,249,154 84.7% 2,521,090 4,490,130 78.1% --------- --------- ------ ---------- ---------- ------ Comprehensive income per share (pesos) 2.1705 4.4230 103.8% 4.4939 8.8300 96.5% --------- --------- ------ ---------- ---------- ------ Comprehensive income per ADS (US dollars) 1.1299 2.1985 94.6% 2.3395 4.3891 87.6% --------- --------- ------ ---------- ---------- ------ Operating income margin 54.7% 53.2% (2.8%) 55.6% 52.8% (5.1%) --------- --------- ------ ---------- ---------- ------ Operating income margin (excluding IFRIC 12) 56.6% 62.4% 10.1% 57.7% 62.5% 8.2% --------- --------- ------ ---------- ---------- ------ EBITDA margin 66.4% 61.7% (7.0%) 67.2% 61.7% (8.1%) --------- --------- ------ ---------- ---------- ------ EBITDA margin (excluding IFRIC 12) 68.8% 72.4% 5.2% 69.7% 73.1% 4.8% --------- --------- ------ ---------- ---------- ------ Costs of services and improvements / total revenues 22.6% 28.3% 25.0% 21.4% 28.6% 33.8% --------- --------- ------ ---------- ---------- ------ Cost of services / total revenues (excluding IFRIC 12) 20.0% 16.0% (20.0%) 18.4% 15.5% (15.7%) --------- --------- ------ ---------- ---------- ------
[1] Revenues from improvements to concession assets are recognized in accordance with International Financial Reporting Interpretation Committee 12 "Service Concession Arrangements" (IFRIC 12), but this recognition does not have a cash impact or an impact on the Company's operating results. Amounts included as a result of the recognition of IFRIC 12 are related to construction of infrastructure in each quarter to which the Company has committed in accordance with the Company's Master Development Programs in Mexico and Capital Development Program in Jamaica. All margins and ratios calculated using "Total Revenues" include revenues from improvements to concession assets (IFRIC 12), and, consequently, such margins and ratios may not be comparable to other ratios and margins, such as EBITDA margin, operating margin or other similar ratios that are calculated based on those results of the Company that do have a cash impact.
[2] Revenues from improvements to concession assets are recognized in accordance with International Financial Reporting Interpretation Committee 12 "Service Concession Arrangements" (IFRIC 12), but this recognition does not have a cash impact or an impact on the Company's operating results. Amounts included as a result of the recognition of IFRIC 12 are related to construction of infrastructure in each quarter to which the Company has committed in accordance with the Company's Master Development Programs in Mexico and Capital Development Program in Jamaica. All margins and ratios calculated using "Total Revenues" include revenues from improvements to concession assets (IFRIC 12), and, consequently, such margins and ratios may not be comparable to other ratios and margins, such as EBITDA margin, operating margin or other similar ratios that are calculated based on those results of the Company that do have a cash impact.
$(END)$ Dow Jones Newswires
July 25, 2022 18:20 ET (22:20 GMT)
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