o
|
Stockholders' Equity of $1,923.8 million.
|
o
|
Financial Debt of 11.2 percent from Stockholders' Equity.
|
o
|
Cumulative revenues of the Shipyard and the Offshore Specialized vessels segment reported a combined increase of 9.3%.
|
September 30,
|
December 31,
| |
2023
|
2022
| |
Cash and cash in banks available
|
194.0
|
94.7
|
Restricted cash
|
1.7
|
2.1
|
Total cash and cash equivalents
|
195.7
|
96.8
|
Accounts receivable - Net
|
475.8
|
511.0
|
Other accounts receivable
|
148.4
|
143.3
|
Taxes to be recovered
|
168.0
|
193.8
|
Prepaid expenses and others current assets
|
57.9
|
54.4
|
Non-current assets held for sale
|
272.5
|
272.5
|
Total current assets
|
1,318.3
|
1,271.8
|
Taxes to be recovered long term
|
273.3
|
273.3
|
Property, machinery and, equipment
|
1,527.0
|
1,533.0
|
Cumulative Depreciation
|
(109.3)
|
(97.3)
|
Property, machinery and, equipment - Net
|
1,417.7
|
1,435.7
|
Rights of use
|
202.4
|
268.9
|
Other assets
|
257.2
|
251.6
|
Total assets
|
3,469.0
|
3,501.4
|
Bank loans and current maturities of long-term liabilities
|
199.3
|
192.2
|
Leases short-term
|
64.4
|
68.9
|
Suppliers
|
429.9
|
437.4
|
Other accounts payable and accrued expenses
|
438.4
|
512.0
|
Total current liabilities
|
1,132.0
|
1,210.5
|
Bank loans
|
15.4
|
32.5
|
Leases long-term
|
183.2
|
218.1
|
Deferred taxes
|
131.3
|
154.6
|
Other long-term liabilities
|
83.2
|
84.7
|
Total long-term liabilities
|
413.1
|
489.9
|
Total liabilities
|
1,545.1
|
1,700.4
|
Total stockholders´ equity
|
1,923.8
|
1,801.0
|
Total liabilities and stockholders´ equity
|
3,469.0
|
3,501.4
|
Three months ended
|
Nine months ended
| ||||
September 30,
|
September 30,
| ||||
2023
|
2022
|
2023
|
2022
| ||
Maritime
|
175.3
|
332.9
|
593.1
|
945.0
| |
Ports and Terminals
|
16.8
|
41.0
|
58.6
|
129.4
| |
Warehousing Services
|
44.6
|
38.1
|
97.5
|
106.9
| |
Maritime Infrastructure
|
48.1
|
40.6
|
127.1
|
104.2
| |
Revenue from freight and services
|
284.8
|
452.6
|
876.3
|
1,285.5
| |
Maritime
|
(153.5)
|
(315.1)
|
(537.0)
|
(858.3)
| |
Ports and Terminals
|
(22.6)
|
(37.3)
|
(72.3)
|
(116.6)
| |
Warehousing Services
|
(29.5)
|
(32.9)
|
(60.8)
|
(86.5)
| |
Maritime Infrastructure
|
(35.0)
|
(21.6)
|
(85.9)
|
(64.0)
| |
Cost of freight and services
|
(240.7)
|
(406.9)
|
(755.9)
|
(1,125.4)
| |
Maritime
|
(8.4)
|
(0.4)
|
(25.1)
|
(10.6)
| |
Ports and Terminals
|
(2.7)
|
(4.5)
|
(10.4)
|
(13.9)
| |
Warehousing Services
|
(20.3)
|
(10.2)
|
(40.6)
|
(36.8)
| |
Maritime Infrastructure
|
(2.0)
|
(0.5)
|
(6.2)
|
(5.8)
| |
Depreciation and amortization
|
(33.3)
|
(15.6)
|
(82.4)
|
(67.2)
| |
Maritime
|
13.3
|
17.4
|
31.0
|
76.1
| |
Ports and Terminals
|
(8.5)
|
(0.8)
|
(24.1)
|
(1.2)
| |
Warehousing Services
|
(5.1)
|
(5.0)
|
(3.9)
|
(16.4)
| |
Maritime Infrastructure
|
11.2
|
18.5
|
35.0
|
34.3
| |
Results by business
|
10.8
|
30.1
|
38.1
|
92.8
| |
Corporate expenses
|
(15.3)
|
(22.8)
|
(47.6)
|
(58.4)
| |
Corporate depreciation and amortization
|
(0.5)
|
(0.6)
|
(1.7)
|
(1.7)
| |
Non-recurring (expenses) income
|
24.3
|
(2.5)
|
24.8
|
(21.7)
| |
Operating gain
|
19.2
|
4.1
|
13.7
|
11.0
| |
Financial (expenses) income - Net
|
(6.6)
|
(10.0)
|
(19.9)
|
(26.1)
| |
Leases financial expenses
|
(5.1)
|
(1.8)
|
(18.2)
|
(20.4)
| |
Exchange (loss) gain - Net
|
(12.5)
|
(1.2)
|
15.6
|
6.6
| |
Net financial cost
|
(24.2)
|
(13.0)
|
(22.5)
|
(39.8)
| |
(loss) gain before taxes
|
(5.0)
|
(8.9)
|
(8.9)
|
(28.8)
| |
Provision for taxes
|
10.0
|
9.8
|
20.2
|
31.0
| |
Net gain for the period
|
5.0
|
0.9
|
11.3
|
2.2
| |
Attributable to:
| |||||
Minority interest
|
0.2
|
(0.5)
|
(0.0)
|
(0.7)
| |
Equity holders of GTMM, S.A.B.
|
4.9
|
1.4
|
11.4
|
2.9
| |
Weighted average outstanding shares (millions)
|
103.91
|
102.18
|
102.77
|
102.18
| |
Income (loss) earnings per share (pesos/share)
|
0.05
|
0.01
|
0.11
|
0.03
| |
Outstanding shares at end of period (millions)
|
155.27
|
102.18
|
155.27
|
102.18
| |
Income (loss) earnings per share (pesos/share)
|
0.03
|
0.01
|
0.07
|
0.03
|
Three months ended
|
Nine months ended
| ||||
September 30,
|
September 30,
| ||||
2023
|
2022
|
2023
|
2022
| ||
Net gain (loss) for the period
|
5.0
|
0.9
|
11.3
|
2.2
| |
Depreciation & amortization
|
33.9
|
16.2
|
84.0
|
68.9
| |
Deferred taxes
|
(11.3)
|
(9.9)
|
(23.3)
|
(35.5)
| |
Other non-cash items
|
8.8
|
28.1
|
35.5
|
63.7
| |
Total non-cash items
|
31.4
|
34.5
|
96.2
|
97.1
| |
Changes in assets & liabilities
|
(15.3)
|
(2.8)
|
(64.0)
|
18.4
| |
Total adjustments
|
16.1
|
31.6
|
32.2
|
115.5
| |
Net cash provided by (used in) operating activities
|
21.1
|
32.5
|
43.6
|
117.7
| |
Proceeds from sales of assets
|
10.1
|
0.1
|
10.3
|
9.2
| |
Payments for purchases of assets
|
(0.4)
|
(4.2)
|
(6.4)
|
(12.3)
| |
Net cash provided by (used in) investment activities
|
9.8
|
(4.1)
|
4.0
|
(3.1)
| |
Short-term borrowings (net)
|
(5.0)
|
(14.0)
|
(10.0)
|
(19.7)
| |
Repayment of leases
|
(5.7)
|
(30.8)
|
(35.3)
|
(75.9)
| |
Proceeds from (repayment of) long-term debt
|
(1.2)
|
2.2
|
(7.2)
|
(1.8)
| |
Shares issuance
|
111.5
|
0.0
|
111.5
|
0.0
| |
Net cash provided by (used in) financing activities
|
99.6
|
(42.6)
|
58.9
|
(97.4)
| |
Exchange effect on cash
|
4.0
|
0.8
|
(7.5)
|
(1.3)
| |
Net increase (decrease) in cash
|
134.5
|
(13.3)
|
98.9
|
15.9
| |
Cash at beginning of period
|
61.2
|
117.0
|
96.8
|
87.8
| |
Cash at end of period
|
195.7
|
103.7
|
195.7
|
103.7
|
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Disclaimer
Grupo TMM SAB published this content on 01 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2023 20:02:06 UTC.