Consolidated Statements
of Financial Position

As of December 31, 2020, 2019 and 2018
(In Mexican pesos)

Assets Notes   2020   2019   2018
Current assets:
Cash, cash equivalents and restricted cash 4 $ 864,292,307 $ 490,355,748 $ 1,808,607,828
Lease receivables and others 5   598,639,259   428,140,691   402,240,593
Accounts receivable from related parties 13   -   153,246   793,288
Recoverable taxes, (as of December 31, 2020, 2019 and 2018, includes $199,548,850, $79,763,281 and $37,122,358 of VAT to be recovered     206,127,579   84,514,506   37,599,750
Prepaid expenses, mainly insurance to amortize and deposits in guarantee     31,419,927   26,467,213   27,156,963
Total current assets     1,700,479,072   1,029,631,404   2,276,398,422
Non-current assets:
Investment properties 6   65,335,059,747   64,364,614,588   62,716,149,554
Acquisition of technological platform     1,465,666   7,527,702   13,287,101
Right-of-use assets 12   39,162,601   -   -
Other assets     4,198,543   6,329,927   10,000,000
Machinery and equipment     25,218,500   27,663,200   22,911,806
Deferred income tax of subsidiary     12,579,656   12,030,350   10,208,988
Total non-current assets     65,417,684,713   64,418,165,767   62,772,557,449
Total assets   $ 67,118,163,785 $ 65,447,797,171 $ 65,048,955,871
Liabilities and trustors’ capital
Current liabilities:
Short-term financial liability 11 $ - $ - $ 1,000,000,000
Interest payable of financial liabilities     221,920,196   220,206,566   217,875,405
Deferred lease revenue     265,541,347   347,541,836   360,136,899
Trade accounts payable and accumulated expenses 10   88,416,431   67,556,735   56,230,830
Rent collected in advance     26,933,061   35,050,189   39,174,502
Accounts payable to related parties 13   196,448,554   204,593,443   190,416,516
Tax payable     36,903,186   50,231,969   69,533,984
Short-term lease liability 12   6,723,117   -   -
Total current liabilities     842,885,892   925,180,738   1,933,368,136
Non-current liabilities:
Long-term financial liability 11   5,601,838,767   5,617,169,802   5,462,500,832
Deferred lease revenue     573,845,006   781,168,056   1,034,433,630
Guarantee deposits from tenants     407,843,970   408,431,794   397,290,015
Employee benefits 8   18,774,050   17,272,106   13,259,369
Long-term lease liability 12   33,703,919   -   -
Total liabilities     6,636,005,712   6,824,041,758   6,907,483,846
Total liabilities     7,478,891,604   7,749,222,496   8,840,851,982
Trustors’ capital:
Trustors’ capital 14   42,167,547,323   41,871,466,618   42,383,005,320
Retained earnings     16,496,702,995   15,040,867,303   13,072,255,847
Repurchase of certificates     (168,090,485)   -   -
Other comprehensive results     (2,780,161)   (3,500,059)   (2,154,136)
Controlling interest     58,493,379,672   56,908,833,862   55,453,107,031
Non-controlling interest     1,145,892,509   789,740,813   754,996,858
Total trustors’ capital     59,639,272,181   57,698,574,675   56,208,103,889
Total liabilities and trustors’ capital   $ 67,118,163,785 $ 65,447,797,171 $ 65,048,955,871

See accompanying notes to the consolidated financial statements.

ES