Earnings release
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pág. 1 www.carso.com.mx www.carso.com.mx i Third Quarter Results 2025 Mexico City, October 27, 2025, Grupo Carso S.A.B. de C.V. (“The Group”, “Grupo Carso”, BMV: GCARSO) announces today its results for the third quarter of 2025. RELEVANT COMMENTS o On September 15, 2025, following an open international tender and having submitted the best technical and economic proposal of the six participating consortiums, the Ministry of Infrastructure, Communications, and Transportation, (S.I.C. y T.), awarded a contract for the construction and design of 111 km of the Saltillo-Nuevo Laredo Passenger Train, Segments 13 and 14, Saltillo -Santa Catarina, to the consortium formed by its subsidiary Operadora Cicsa, S.A. de C.V. (CICSA) and the company FCC Con strucción, S.A. (FCC) for a total of Ps. 31,844 million, including VAT. CICSA has a 50% stake and FCC has a 50% stake. Work will begin on September 30, with a completion deadline of 960 calendar days. o On September 29, 2025, we signed a contract for financed well drilling services between its subsidiaries GSM Bronco, S.A. de C.V. and MX DLTA NRG 1, S.A. de C.V. and Pemex for the Ixachi Field. The contract covers the drilling and completion of up to 32 wells over a period of three years, with a maximum contract amount of USD $1,991 million, where Pemex will begin to pay for in 21 monthly installments starting in January 2027, when 12 wells are expected to be in production. The source of payment will be through revenues from marketable hydrocarbons from the assignment itself. o Zamajal continues its activities in the Ichalkil and Pokoch shallow water fields, increasing production and reducing operating costs and expenses; however, there are impacts of around $250 million pesos in depreciation derived from significant capitalizations. We expect to increase production next year to more than 25,000 barrels per day of crude oil equivalent. Where we participate with a 50% stake. o Grupo Carso maintains a significant amount of accounts receivable from PEMEX, which has suspended payments to suppliers since 2024. HIGHLIGHTS o Grupo Carso's sales in the reporting quarter were Ps. 45,532 million, down 5.8% compared to the Q3 2024. The divisions that increased their revenues were Grupo Sanborns and Grupo Condumex , by 1.9% and 1.2%, respectively, with sales promotions in stores and restaurants and higher volumes of industrial products. Zamajal contributed an additional Ps. 546 million. This revenue offset a 34.2% drop in Infrastructure and Construction projects due to the completion of major works. SALES $45,532 MM
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page 2 3Q25 TT12 www.carso.com.mx o Operating income for the quarter decreased by 39.7% to Ps. 3,199 million compared to Ps. 5,308 million in Q3 2024. This was due to lower profitability in some divisions, considering a lower exchange rate, the implementation of technology platforms in the commercial division, inflationary effects on salaries and expenses as well as the beginning of depreciation of investments in Zamajal. o Grupo Carso's EBITDA totaled Ps. 5,615 billion in Q3 2025, down 20.4% from the Ps. 7,054 million reported in Q3 2024, due to lower sales and the aforementioned cost impacts. o The comprehensive financing result ( CFR) was an expense of Ps. 1,916 million, which was Ps. 697 million higher than in the same quarter of the previous year. This was mainly due to a foreign exchange loss of Ps. 790 million in Q3 2025 versus a foreign exchange gain of $Ps. 73 million in Q3 2024, due to an appreciation of the peso in this quarter, versus a devaluation in the third quarter of 2024. o Lower operating results and exchange rate variations caused Controlling Net Income to decrease by 78.4%, from Ps. 3,011 million in Q3 2024 to Ps. 651 million in Q3 2025. Total debt as of September 30, 2025, was Ps. 45,646 million, down 4.2% compared to the debt at the end of December 2024, which was $47,657 million. Net debt totaled $28,356 million, a reduction of 9.7% considering cash and cash equivalents of Ps. 17,290 million, compared to net debt of Ps. 31,415 million at the end of December 2024. The net debt to 12-month EBITDA ratio remained at 0.99 times. Associated Companies. GCarso's most representative associated companies are: GMéxico Transportes (15.2%), Inmuebles SROM (14.0%), Trans Pecos Pipeline (51.0%), and Comanche Trail Pipeline (51.0%). The book or market value, as applicable, amounted to Ps. 38,883 million. We recognize our share in Income from Associates or Dividend Income in the Income Statement. NET INCOME $651 MM EBITDA $5,615 MM ASSOCIATED COMPANIES $38,883 MM OP. INCOME $3,199 MM
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page 3 3Q25 TT12 www.carso.com.mx SUMMARY Amounts in million pesos MXN CONTRIBUTION TO CONSOLIDATED RESULTS BY SEGMENT Consolidated Results 3Q25 3Q24 Var% 9M25 9M24 Var % Sales 45,532 48,319 -5.8% 136,759 140,462 -2.6% Operating Income 3,199 5,308 -39.7% 12,927 16,586 -22.1% Controlling Net Income 651 3,011 -78.4% 4,961 10,675 -53.5% EBITDA 5,615 7,054 -20.4% 19,582 21,175 -7.5% Operating Margin 7.0% 11.0% 9.5% 11.8% EBITDA Margin 12.3% 14.6% 14.3% 15.1% NC= Not Comparable 34.8% 29.1% 15.5% 16.8% 1.9% 1.2% 0.7% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0% Gsanborn Condumex CICSA Elementia Energy Zamajal Other & Elim. 3Q25 Sales Contribution 443 967 49 1,067 659 -439 452 -600 -400 -200 0 200 400 600 800 1,000 1,200 3Q25 Operating Income Contribution
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page 4 3Q25 TT12 www.carso.com.mx FINANCIAL RESULTS INTEREST-BEARING LIABILITIES Financial Results 3Q25 3Q24 Var% 9M25 9M24 Var% Interest Expense -1,266.2 -1,371.5 -7.7% -3,806.5 -4,666.5 -18.4% Income (Loss) on derivatives net 1.7 -92.7 NC 1.7 712.1 -99.8% Interest Income 139.0 94.4 47.2% 1,063.9 1,018.9 4.4% Interest (net) -1,125.5 -1,369.7 -17.8% -2,740.9 -2,935.5 -6.6% ForEx Results -790.4 672.5 NC -2,103.8 2,144.9 NC CFR -1,915.9 -697.2 174.8% -4,844.7 -790.6 512.8% Income taxes 582.1 1,327.3 -56.2% 2,046.0 4,416.9 -53.7% Earnings from non-consolidated companies 299.2 316.9 -5.6% 1,030.5 894.1 15.3% Non-controlling participation in Net Income 342.0 648.2 -47.2% 2,433.5 1,676.6 45.2% NC=Not Comparable Pesos 71% Dollars 29% Total Debt by CURRENCY Short T. 44% Long T. 56% Total Debt by TERM 5.3 4.8 3Q25 3Q24 LTM EBITDA/Interest Expense 28,356 31,415 3Q25 4Q24 Net Debt (MM MXN)
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page 5 3Q25 TT12 www.carso.com.mx ASSOCIATED COMPANIES Grupo Carso maintains significant investments in companies from different segments according to the following table, where the values are presented proportional to our participation: 3Q25 Holding Stockholders Associated Companies % Division Equity Sales Op. Income EBITDA Aerofrisco 18.21% GCarso 452.1 31.0 -15.2 -9.2 Construction projets Consortia - CICSA -90.1 0.0 -2.3 -2.3 Trans-Pecos Pipeline, LLC (Gasoducto Waha-Presidio) 51.00% Carso Energy 4,502.1 708.2 548.0 548.0 Comanche Trail Pipeline, LLC (Gasoducto Waha-San Elizario) 51.00% Carso Energy 3,453.0 560.6 504.1 504.1 Inmuebles SROM, S.A. de C.V. 14.00% Grupo Sanborns 2,227.6 118.8 80.5 49.8 Subtotal 10,544.7 1,418.6 1,115.1 1,090.4 Others investments in associated companies 4,036.9 Total Investments in joint ventures ans associates 14,581.6 Fair Companies at market value Value GMéxico Transportes, S.A.B. de C.V. (GMéxico) 15.24% GCarso 23,768.6 7,428.1 2,138.5 3,190.0 Others 532.4 Subtotal 24,301.0 8,846.7 3,253.6 4,280.4 Total Investments in shares 38,882.6 Part. in Results (MM MXN)
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page 6 3Q25 TT12 www.carso.com.mx RESULTS BY SEGMENT COMMERCIAL Amounts in million pesos MXN (MM) During the third quarter of the year, summer sales and special promotions were held in both department stores and restaurants, such as the Back-to-School Special Sale and the Independence Day Special Sale, which included discounts on different product lines, as well as credit payment options. These initiatives supported Grupo Sanborns' Q3 2025 revenue performance, which amounted to Ps. 15,850 million pesos, an increase of 1.9% compared to Q3 2024 revenue of Ps. 15,550 million pesos. Gross profit improved from 33.9% to 35.0% in relation to sales, while operating and administrative expenses increased 8.3%, which included the implementation of technology systems to improve store operating processes and the shopping experience for custome rs. Operating Income was Ps. 443 million, compared to Ps. 535 million in the same period last year. For the same reasons, quarterly EBITDA totaled Ps. 988 million in Q325 versus Ps. 1,059 million in Q324. The Controlling Net Income was a profit of Ps. 369 million in 3Q25, compared to a profit of Ps. 407 million in 3Q24. Consolidated Results 3Q25 3Q24 Var% 9M25 9M24 Var % Sales 15,850 15,550 1.9% 48,464 48,100 0.8% Operating Income 443 535 -17.1% 1,688 2,310 -26.9% Controlling Net Income 369 407 -9.3% 1,358 1,741 -22.0% EBITDA 988 1,059 -6.8% 3,339 3,828 -12.8% Operating Margin 2.8% 3.4% 3.5% 4.8% EBITDA Margin 6.2% 6.8% 6.9% 8.0% Contribution to Consolidated Results 35% SALES 14% OP. INCOME 18% EBITDA
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page 7 3Q25 TT12 www.carso.com.mx INDUSTRIAL Amounts in million pesos MXN (MM) Grupo Condumex's sales increased 1.2% during Q3 2025, reaching Ps. 13,260 million compared to Ps. 13,099 million the previous year. This increase was due to higher sales of fiber optics for the Federal Electricity Commission (CFE), construction cables, and automotive cables. Regarding operating income and EBITDA, in Q325 they totaled Ps. 967 million and Ps. 1,201 million, showing decreases of 32.6% and 26.8%, respectively, due to exchange rate variations, with the exchange rate decreasing by 1.6% for the period from $18.93 in 3Q24 to $18.63 MXN/USD in 3Q25. Controlling Net Income was Ps. 770 million compared to Ps. 1,561 million in the same period last year, a decrease of 50.7%. Consolidated Results 3Q25 3Q24 Var% 9M25 9M24 Var % Sales 13,260 13,099 1.2% 39,484 36,038 9.6% Operating Income 967 1,435 -32.6% 3,524 3,886 -9.3% Controlling Net Income 770 1,561 -50.7% 3,890 4,131 -5.8% EBITDA 1,201 1,640 -26.8% 4,043 4,417 -8.5% Operating Margin 7.3% 11.0% 8.9% 10.8% EBITDA Margin 9.1% 12.5% 10.2% 12.3% Contribution to Consolidated Results 29% SALES 30% OP. INCOME 21% EBITDA
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page 8 3Q25 TT12 www.carso.com.mx Contribution to Consolidated Results 15% SALES 2% OP. INCOME 5% EBITDA INFRASTRUCTURE AND CONSTRUCTION Amounts in milion pesos MXN (MM) The sales of Carso Infraestructura y Construcción totaled Ps. 7,042 million in the third quarter of the year, representing a 34.2% decrease. Growth was achieved in Civil Construction projects such as hospitals, offices, remodeling and construction of shopping centers, as well as in telephone Pipeline Installations abroad, and the start of construction of the Centauro del Norte gas pipeline. There was less activity in Manufacturing and Services for the Oil and Chemical Industry and in Infrastructure, due to a decrease in drilling services and the completion of major projects such as the Mitla-Tehuantepec highway and Section II of the Mayan Train. Consolidated Operating Income and EBITDA totaled Ps. 49 million and Ps. 282 million, down 95.5% and 78.9%, respectively. This was due to a decrease in projects, preparation of new projects, and expenses for the maintenance of offshore platforms. The Controlling Net Result of the Infrastructure and Construction division went from a profit of Ps. 645 million in Q3 2024 to a loss of Ps. 629 million in Q3 2025. Finally, it should be noted that the backlog totaled Ps. 79,470 million as of September 30, 2025, compared to Ps. 21,602 million in the same period last year. This amount includes both current civil construction projects and recently awarded projects such as deep well drilling projects and the contract for the construction and design of 111 km of the Saltillo-Nuevo Laredo Passenger Train, Segments 13 and 14, Saltillo-Santa Catarina. Consolidated Results 3Q25 3Q24 Var% 9M25 9M24 Var % Sales 7,042 10,703 -34.2% 21,490 31,595 -32.0% Operating Income 49 1,087 -95.5% 940 4,057 -76.8% Controlling Net Income -629 645 NC -852 2,086 NC EBITDA 282 1,335 -78.9% 1,630 4,801 -66.0% Operating Margin 0.7% 10.2% 4.4% 12.8% EBITDA Margin 4.0% 12.5% 7.6% 15.2% NC= Not Comparable
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page 9 3Q25 TT12 www.carso.com.mx Contribution to Consolidated Results 17% SALES 33% OP. INCOME 27% EBITDA ELEMENTIA Amounts in million pesos MXN (MM) Elementia recorded sales of Ps. 7,640 million, down 1.1% from Q3 2024. This performance was mainly due to the effects of the peso's appreciation, as a significant portion of Construsistemas' revenues are generated outside Mexico, either through exports or from companies abroad. Fortaleza Materiales was affected by adverse weather conditions, such as bad weather and hurricanes in some regions, which affected construction and cement demand in Mexico, in addition to the slowdown in public infrastructure works. Lower operating results led to total Operating Income of Ps. 1,067 million pesos, a decrease of 21.3%, while EBITDA totaled Ps. 1,522 million, a reduction of 14.9%. For the same reasons, the Controlling Net Income in Elementia/Fortaleza fell 42.4%, registering an amount of Ps. 465 million compared to Ps. 808 million the previous year. Consolidated Results 3Q25 2Q21 Var% 9M25 9M24 Var % Sales 7,640 7,722 -1.1% 22,915 22,010 4.1% Operating Income 1,067 1,356 -21.3% 5,502 3,818 44.1% Controlling Net Income 465 808 -42.4% 3,671 2,168 69.3% EBITDA 1,522 1,788.8 -14.9% 6,873 5,052 36.0% Operating Margin 14.0% 17.6% 24.0% 17.3% EBITDA Margin 19.9% 23.2% 30.0% 23.0%
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page 10 3Q25 TT12 www.carso.com.mx Contribution to Consolidated Results 2% SALES 21% OP. INCOME 14% EBITDA CARSO ENERGY Amounts in million pesos MXN (MM) Carso Energy recorded sales of Ps. 867 million, related to a lower exchange rate (4%) and less energy sales in Panama, offset by the operation of the compression station in Chihuahua since April 2024, which was reflected in a 3.2% decrease compared to sales ofPs. 895 million in the same period last year. The natural gas transportation service to the CFE through pipelines from Waha (Texas, USA) with a 51.0% share (unconsolidated) and revenues from the Samalayuca-Sásabe gas pipeline (Chihuahua, Mexico) (100% owned by the Group) continued to perform well, but as they are denominated in dollars, their revenues were reduced by the exchange rate conversion. Carso Energy's Operating Income and EBITDA totaled Ps. 659 million and Ps. 773 million, representing a decrease of 5.5% and 3.3%, respectively. Carso Energy's Controlling Net Income was Ps. 371 million at the end of September 2025, down from Ps. 335 million in the same period last year. During Q3 2025, Carso Energy began construction of the 76.4 km Centauro del Norte Section I gas pipeline, which together with Section II will have a combined length of approximately 425 kilometers. The pipeline is under contract to provide natural gas transportation services to users, with the CFE being the main user. Consolidated Results 3Q25 3Q24 Var% 9M25 9M24 Var % Sales 867 895 -3.2% 2,518 2,380 5.8% Operating Income 659 697 -5.5% 1,880 1,810 3.9% Controlling Net Income 371 335 10.8% 1,265 813 55.6% EBITDA 773 799.3 -3.3% 2,206 2,083 5.9% Operating Margin 76.1% 77.9% 74.7% 76.0% EBITDA Margin 89.2% 89.3% 87.6% 87.5%
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page 11 3Q25 TT12 www.carso.com.mx Contribution to Consolidated Results 1% SALES -14% OP. INCOME 1% EBITDA ZAMAJAL Amounts in million pesos MXN (MM) *From 2Q24 onwards the figures of MX DLTA NRG Holding, S.A. de C.V. (formerly Petrobal Operaciones Upstream, S.A. de C.V.) are included. On December 16, 2024, Grupo Carso informed investors that it had signed a binding agreement through its subsidiary Zamajal, S.A. de C.V., with Talos Energy Inc. to increase its stake by an additional 30.10% in the Mexican subsidiary Talos Energy México 7, S. de R.L. de C.V., (Talos MX), which owns 17.4% of the Zama oil field. Upon closing of the transaction and subject to regulatory approvals, Zamajal will control and own 80.0% of the capital stock of Talos MX. Zamajal's sales totaled Ps. 546 million, beginning to consolidate within Grupo Carso in Q24 and growing 27.0% compared to Ps. 430 million recorded in the same period last year. Operating Income was a loss of ps. 439 million compared to a loss of Ps. 146 million the previous year, mainly due to the beginning of depreciation of diverse investments, while EBITDA recorded a gain of Ps. 59 million, down from EBITDA of Ps 101 million in 3Q24. CONTACTS FOR INVESTORS: Arturo Spínola García Angélica Piña Garnica Chief Financial Officer Condumex and CICSA Investor Relations T. +52 (55) 5249-8910 T. +52 (55) 1101-2956 aspinola@gcarso.com.mx napinag@gcarso.com.mx RESULTS WEBINAR: Date: Tuesday October 28, 2025 Time: 10:00-10:30 A.M. Mexico City Time / 11:00 A.M.-11:30 A.M. NY Time (US EST) Registration Link: https://events.teams.microsoft.com/event/0fbf154e-f4dc-4b17-9efd-ffd93b2e7279@3403678f- c88d-4e90-a790-18fb4deef85d Consolidated Results 3Q25 3Q24 Var% 9M25 9M24 Var % Sales 546 430 27.0% 1,592 576 176.2% Operating Income -439 -146 200.2% -1,114 -289 284.8% Controlling Net Income -307 -308 -0.3% -768 -424 81.3% EBITDA 59 101 -41.5% 39 41 -5.9% Operating Margin -80.4% -34.0% -70.0% -50.2% EBITDA Margin 10.8% 23.4% 2.4% 7.1%
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page 12 3Q25 TT12 www.carso.com.mx Million PESOS (MXN) 3Q25 3Q24 Var % 9M25 9M24 Var % GRUPO CARSO Revenues 45,532.1 100.0% 48,318.9 100.0% -5.8% 136,759.0 100.0% 140,462.4 100.0% -2.6% Operating Income 3,198.8 7.0% 5,308.2 11.0% -39.7% 12,926.8 9.5% 16,586.1 11.8% -22.1% Financial Results -1,915.9 -4.2% -697.2 -1.4% 174.8% -4,844.7 -3.5% -790.6 -0.6% 512.8% Controlling Net Income 650.7 1.4% 3,011.4 6.2% -78.4% 4,960.5 3.6% 10,674.7 7.6% -53.5% EBITDA 5,614.6 12.3% 7,054.0 14.6% -20.4% 19,581.7 14.3% 21,175.0 15.1% -7.5% GRUPO SANBORNS Sales 15,849.7 100.0% 15,550.3 100.0% 1.9% 48,463.6 100.0% 48,100.3 100.0% 0.8% Operating Income 443.4 2.8% 534.7 3.4% -17.1% 1,688.1 3.5% 2,310.0 4.8% -26.9% Controlling Net Income 369.3 2.3% 407.3 2.6% -9.3% 1,357.8 2.8% 1,741.3 3.6% -22.0% EBITDA 987.8 6.2% 1,059.4 6.8% -6.8% 3,338.8 6.9% 3,827.9 8.0% -12.8% GRUPO CONDUMEX Sales 13,260.2 100.0% 13,098.6 100.0% 1.2% 39,483.7 100.0% 36,037.6 100.0% 9.6% Operating Income 966.9 7.3% 1,434.7 11.0% -32.6% 3,523.7 8.9% 3,885.6 10.8% -9.3% Controlling Net Income 770.0 5.8% 1,560.5 11.9% -50.7% 3,890.0 9.9% 4,131.3 11.5% -5.8% EBITDA 1,200.7 9.1% 1,639.6 12.5% -26.8% 4,042.7 10.2% 4,417.2 12.3% -8.5% CICSA Sales 7,042.2 100.0% 10,702.5 100.0% -34.2% 21,490.4 100.0% 31,594.6 100.0% -32.0% Operating Income 48.7 0.7% 1,086.8 10.2% -95.5% 940.3 4.4% 4,057.3 12.8% -76.8% Controlling Net Income -628.5 -8.9% 645.3 6.0% NC -851.7 -4.0% 2,086.2 6.6% NC EBITDA 282.1 4.0% 1,334.9 12.5% -78.9% 1,630.1 7.6% 4,800.8 15.2% -66.0% ELEMENTIA Sales 7,640.2 100.0% 7,722.1 100.0% -1.1% 22,915.1 100.0% 22,010.3 100.0% 4.1% Operating Income 1,067.4 14.0% 1,355.8 17.6% -21.3% 5,502.3 24.0% 3,818.0 17.3% 44.1% Controlling Net Income 464.8 6.1% 807.6 10.5% -42.4% 3,671.0 16.0% 2,168.1 9.9% 69.3% EBITDA 1,522.1 19.9% 1,788.8 23.2% -14.9% 6,873.2 30.0% 5,052.3 23.0% 36.0% CARSO ENERGY Sales 866.7 100.0% 895.0 100.0% -3.2% 2,517.5 100.0% 2,380.5 100.0% 5.8% Operating Income 659.3 76.1% 697.3 77.9% -5.5% 1,880.3 74.7% 1,810.1 76.0% 3.9% Controlling Net Income 370.7 42.8% 334.5 37.4% 10.8% 1,264.6 50.2% 812.6 34.1% 55.6% EBITDA 773.2 89.2% 799.3 89.3% -3.3% 2,206.3 87.6% 2,083.3 87.5% 5.9% ZAMAJAL Sales 545.9 100.0% 429.9 100.0% 27.0% 1,591.9 100.0% 576.4 100.0% 176.2% Operating Income -439.0 -80.4% -146.3 -34.0% 200.2% -1,113.7 -70.0% -289.4 -50.2% 284.8% Controlling Net Income -307.0 -56.2% -307.8 -71.6% -0.3% -768.0 -48.2% -423.7 -73.5% 81.3% EBITDA 59.0 10.8% 100.8 23.4% -41.5% 38.7 2.4% 41.1 7.1% -5.9% NC=Not Comparable Consolidated Financial Income Data TABLAS ADICIONALES:
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page 13 3Q25 TT12 www.carso.com.mx Consolidated Balance Sheet Data Million PESOS(MXN) 3Q25 4Q24 Var % GRUPO CARSO Cash & Equivalents 17,290.4 16,241.7 6.5% Current Trade Receivables 53,729.5 51,792.8 3.7% Current Receivables due from related parties 3,665.5 2,570.5 42.6% Total Current prepayments 2,642.1 1,981.5 33.3% 6,415.5 5,402.9 18.7% Other Current receivables 1,642.3 1,462.2 12.3% Recuperable taxes 651.2 1,067.1 -39.0% Current Inventories 29,956.1 31,275.4 -4.2% Assets maintained for Sale 95.7 10,688.8 -99.1% Current Assets 116,088.4 122,482.8 -5.2% Other Non-Current Trade Receivables 14,396.5 16,720.8 -13.9% Non-Current Inventories 971.3 971.3 0.0% Other Non-Current Financial Assets 4.9 43.2 -88.7% Investments in subsidiaries, JVs and associates 38,882.6 37,515.6 3.6% Property, Plant and Equipment 70,281.9 72,228.5 -2.7% Investment Properties 7,474.5 5,143.6 45.3% Right-of-use- assets not investment property 6,114.3 6,368.4 -4.0% Goodwill 5,567.2 5,700.2 -2.3% Intangible Assets other than goodwill 2,546.8 3,687.2 -30.9% Deferred Tax Assets 7,458.5 7,282.8 2.4% Other non-current non-financial assets 2,341.4 2,195.4 6.7% Non-Current Assets 156,039.8 157,857.0 -1.2% Total Assets 272,128.2 280,339.8 -2.9% Trade and other current payables 28,776.2 32,267.7 -10.8% Current Tax Liabilities, current 122.8 1,643.5 -92.5% Short-Term Debt 10,597.3 10,264.7 3.2% Short-Term Bank Debt 9,200.0 2,000.0 360.0% Other Current Liabilities at Cost 131.8 110.9 18.9% Other Current Financial Liabilities 0.0 14.6 -100.0% Current Lease Liabilities 2,042.5 2,171.7 -5.9% Other Non-Financial Liabilities Short-Term 2,434.5 2,785.5 -12.6% Total Current Provisions 11,373.0 10,576.8 7.5% Liabilities attributable to assets mantained for sale 0.0 3,603.4 -100.0% Current Liabilities 64,678.1 65,438.8 -1.2% Long-Term Taxes Payable 174.3 190.5 -8.5% Bank loans non-current 13,517.1 16,581.5 -18.5% Stock market loans non-current 12,200.0 18,700.0 -34.8% Other non-current financial liabilities 0.0 0.0 NC Long-Term Lease Liabilities 4,224.5 4,326.3 -2.4% Long-Term Provisions 1,062.0 975.0 8.9% Deferred Tax Liabilities 11,911.0 12,111.5 -1.7% Non-Current Liabilities 43,088.9 52,884.9 -18.5% Total Liabilities 107,767.0 118,323.7 -8.9% Total Equity 164,361.3 162,016.1 1.4% Shares Outstanding (´000) 2,254,601 2,255,311.6 0.0% Closing Stock Price 130.8 115.3 13.4% NC= Not Comparable