Results (Thousands of MXN) | 4Q23 | 1Q24 | 2Q24 | 3Q24 |
Total Revenue | 181,310 | 189,019 | 189,712 | 206,413 |
Net Operating Income (NOI) | 151,483 | 179,075 | 169,992 | 188,449 |
NOI Margin | 83.55% | 94.74% | 89.61% | 91.30% |
Interest Income | 36,644 | 57,279 | 9,007 | 3,626 |
Net Income | 498,660 | 409,188 | -137,197 | -45,661 |
Balance Sheet (Thousands of MXN) | 4Q23 | %1 | 1Q24 | %1 | 2Q24 | %1 | 3Q24 | %1 |
Total Assets | 17,136,200 | 100% | 17,163,953 | 100% | 17,245,088 | 100% | 17,425,913 | 100% |
Net Asset Value (NAV) | 11,758,673 | 69% | 11,853,613 | 69% | 11,588,799 | 67% | 11,656,611 | 67% |
Investment Properties | 15,991,899 | 93% | 16,152,306 | 94% | 16,255,081 | 94% | 16,494,138 | 95% |
Cash & Cash Equivalents | 731,334 | 4% | 735,570 | 4% | 603,678 | 4% | 541,682 | 3% |
Short-term Investments | 633,785 | 4% | 614,512 | 4% | 536,198 | 3% | 477,708 | 3% |
Total Liabilities | 5,718,073 | - | 5,697,402 | - | 5,849,280 | - | 6,077,460 | - |
Total Equity | 11,026,252 | - | 11,438,798 | - | 11,395,809 | - | 11,348,452 | - |
Financial Ratios (Times) | 4Q23 | 1Q24 | 2Q24 | 3Q24 |
Investment Properties / Total Assets | 1.398 | 0.941 | 0.943 | 0.947 |
Cash & Cash Equivalents / Current Assets | 0.741 | 0.792 | 0.667 | 0.635 |
Total Assets / Total Equity | 1.498 | 1.488 | 1.513 | 1.536 |
Total Liabilities / Total Equity | 0.498 | 0.488 | 0.513 | 0.536 |
Operational Indicators | 4Q23 | 1Q24 | 2Q24 | 3Q24 |
Number of Properties | 59 | 59 | 59 | 59 |
Occupancy | 94.1% | 93.9% | 94.76% | 94.21% |
Total GLA (m2) | 645,445 | 645,711 | 645,485 | 645,485 |
GLA Under Development (m2) | 69,951 | 69,951 | 69,951 | 69,951 |
Planned GLA (m2) 1 | 79,481 | 79,481 | 79,481 | 79,481 |
GLA in Operation and Stabilization (m2) | 496,053 | 496,279 | 496,053 | 496,053 |
Cash Flow (Thousands of MXN) | Dec-23 | Mar-24 | Jun-24 | Sep-24 |
Cash Flows from Operating Activities | 429,561 | 437,765 | 421,233 | 456,044 |
Cash Flows from Investment Activities | -733,551 | -534,484 | -561,563 | -793,205 |
Cash Flows from Financing Activities | -43,184 | 47,086 | 101,219 | 187,124 |
Net Increase in Cash | -179,095 | 1,221 | -71,828 | -133,824 |
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