Industrias Bachoco, S.A.B. de C.V. (IDBHF) 20-F 29 Apr 22 2021 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2021shares
Entity Addresses [Line Items]
Document Type	20-F
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Document Period End Date	Dec. 31, 2021
Entity File Number	333-7480
Entity Registrant Name	Industrias Bachoco S.A.B. de C.V.
Entity Incorporation, State or Country Code	O5
Entity Address, Address Line One	Avenida Tecnológico 401
Entity Address, Address Line Two	Ciudad Industrial
Entity Address, City or Town	Celaya, Guanajuato
Entity Address, Country	MX
Entity Address, Postal Zip Code	38010
Entity Common Stock, Shares Outstanding	600,000,000
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	Yes
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Emerging Growth Company	false
Document Accounting Standard	International Financial Reporting Standards
Entity Shell Company	false
ICFR Auditor Attestation Flag	false
Entity Central Index Key	0001044896
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Amendment Flag	false
Auditor Name	Alberto Del Castillo Velasco Vilchis
Auditor Firm ID	1153
Auditor Location	Mexico City, Mexico
ADS [Member]
Entity Addresses [Line Items]
Title of 12(b) Security	American Depositary Shares, each representing twelveSeries B Shares.
Trading Symbol	IBA
Security Exchange Name	NYSE
Business Contact [Member]
Entity Addresses [Line Items]
Contact Personnel Name	Daniel Salazar Ferrer
Entity Address, Address Line One	Avenida Tecnológico No. 401
Entity Address, Address Line Two	Ciudad Industrial C.P.
Entity Address, City or Town	Celaya, Guanajuato
Entity Address, Country	MX
Entity Address, Postal Zip Code	38010
City Area Code	+011
Local Phone Number	52-461-618-3555
Contact Personnel Fax Number	+011-52-461-611-6502
Contact Personnel Email Address	inversionistas@bachoco.net

Consolidated Statements of Fina

Consolidated Statements of Financial Position - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 19,136,443	$ 17,286,374	$ 18,662,765
Investment in securities at fair value through profit or loss	10,841	1,018,322	186,284
Investment in securities at fair value through other comprehensive income	1,559,823	937,715	315,761
Derivative financial instruments	69,862	0	18,098
Accounts receivable, net	5,108,167	4,366,019	3,867,110
Due from related parties	291	686	13,674
Inventories	6,375,990	5,688,338	4,710,207
Current biological assets	2,769,612	2,012,668	2,043,237
Prepaid expenses and other current assets	2,757,123	1,221,255	1,227,196
Assets held for sale	57,436	54,630	52,916
Total currents assets	37,845,588	32,586,007	31,097,248
Non-current assets:
Property, plant and equipment, net	21,763,402	19,733,822	18,556,646
Right-of-use assets	680,210	678,845	822,732
Non-current biological assets	2,358,137	1,991,530	1,818,911
Deferred income tax	213,739	261,934	245,272
Goodwill	1,688,607	1,650,716	1,578,994
Intangible assets	704,374	753,224	772,640
Other non-current assets	734,704	818,922	810,048
Total non-currents assets	28,143,173	25,888,993	24,605,243
Total assets	65,988,761	58,475,000	55,702,491
Current liabilities:
Short-term debt	500,081	848,061	3,440,399
Current portion of long-term debt	1,493,830	209,499	0
Derivative financial instruments		194,181	0
Trade payable and other accounts payable	10,015,256	5,753,137	5,158,827
Lease liabilities	279,809	278,981	149,538
Income tax payable	360,898	815,082	82,665
Due to related parties	185,429	80,842	76,704
Total current liabilities	12,835,303	8,179,783	8,908,133
Long term liabilities:
Long-term debt, excluding current installments	0	1,460,405	1,488,208
Lease liabilities	371,671	440,730	653,512
Deferred income tax	3,841,475	3,874,980	3,904,493
Employee benefits	656,252	592,294	487,810
Total long term liabilities	4,869,398	6,368,409	6,534,023
Total liabilities	17,704,701	14,548,192	15,442,156
Equity:
Capital stock	1,174,432	1,174,432	1,174,432
Share premium	414,070	413,423	414,516
Reserve for repurchase of shares	1,199,423	1,266,469	1,308,367
Retained earnings	43,839,229	39,607,821	36,424,411
Effects of derivatives classified as hedging instruments	(49,751)	(267,352)	(19,771)
Foreign currency translation reserve	1,501,440	1,391,534	1,073,925
Actuarial remeasurements, net	(272,527)	(268,692)	(195,905)
Equity attributable to controlling interest	47,806,316	43,317,635	40,179,975
Non-controlling interest	477,744	609,173	80,360
Total equity	48,284,060	43,926,808	40,260,335
Commitments
Contingencies
Total liabilities and equity	$ 65,988,761	$ 58,475,000	$ 55,702,491

Consolidated Statements of Prof

Consolidated Statements of Profit and Loss and Other Comprehensive Income - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Consolidated Statements of Profit and Loss and Other Comprehensive Income
Net revenues	$ 81,699,068	$ 68,792,002	$ 61,655,245
Cost of sales	(68,356,654)	(57,707,566)	(51,557,351)
Gross profit	13,342,414	11,084,436	10,097,894
General, selling and administrative expenses	(7,127,780)	(6,420,397)	(6,116,620)
Other expenses, net	(322,779)	(362,527)	(4,734)
Operating income	5,891,855	4,301,512	3,976,540
Finance income	1,117,406	1,173,520	991,632
Finance costs	(267,523)	(291,329)	(610,368)
Net finance income	849,883	882,191	381,264
Profit before income taxes	6,741,738	5,183,703	4,357,804
Income taxes	1,807,638	1,211,611	1,124,978
Profit for the year	4,934,100	3,972,092	3,232,826
Items that may be reclassified subsequently to profit or loss:
Currency translation effect	109,906	317,609	(199,746)
Net effects of derivatives classified as hedging instruments	217,601	(247,581)	(19,464)
Items that will not be reclassified subsequently to profit or loss:
Actuarial remeasurements	(5,478)	(103,982)	(107,897)
Income taxes related to actuarial remeasurements	1,643	31,195	32,370
Other comprehensive income	323,672	(2,759)	(294,737)
Comprehensive income for the year	5,257,772	3,969,333	2,938,089
Profit attributable to:
Controlling interest	5,065,554	3,935,672	3,219,931
Non-controlling interest	(131,454)	36,420	12,895
Profit for the year	4,934,100	3,972,092	3,232,826
Comprehensive income attributable to:
Controlling interest	5,389,226	3,932,913	2,925,194
Non-controlling interest	(131,454)	36,420	12,895
Comprehensive income for the year	$ 5,257,772	$ 3,969,333	$ 2,938,089
Weighted average outstanding shares (Basic)	599,730,270	599,818,022	599,971,832
Weighted average outstanding shares (Diluted)	599,730,270	599,818,022	599,971,832
Basic earnings per share	$ 8.45	$ 6.56	$ 5.37
Diluted earnings per share	$ 8.45	$ 6.56	$ 5.37

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - MXN ($) $ in Thousands	Capital stock [member]	Share premium [member]	Reserve for repurchase of shares [member]	Retained earnings [member]	Effects of derivatives classified as hedging instruments [member]	Foreign currency translation reserve [member]	Actuarial remeasurements net [member]	Equity attributable to owners of parent [member]	Non-controlling interests [member]	Total
Balance at Dec. 31, 2018	$ 1,174,432	$ 414,470	$ 562,047	$ 34,792,320	$ (307)	$ 1,273,671	$ (120,378)	$ 38,096,255	$ 69,450	$ 38,165,705
Dividends paid	0	0	0	(840,000)	0	0	0	(840,000)	0	(840,000)
Dividends paid to non-controlling interest	0	0	0	0	0	0	0	0	(1,985)	(1,985)
Reserve for repurchase of shares	0	0	747,840	(747,840)	0	0	0	0	0	0
Repurchase and sale of shares	0	46	(1,520)	0	0	0	0	(1,474)	0	(1,474)
Comprehensive income for the year:
Profit for the year	0	0	0	3,219,931	0	0	0	3,219,931	12,895	3,232,826
Other comprehensive income	0	0	0	0	(19,464)	(199,746)	(75,527)	(294,737)	0	(294,737)
Total comprehensive income for the year	0	0	0	3,219,931	(19,464)	(199,746)	(75,527)	2,925,194	12,895	2,938,089
Balance at Dec. 31, 2019	1,174,432	414,516	1,308,367	36,424,411	(19,771)	1,073,925	(195,905)	40,179,975	80,360	40,260,335
Dividends paid	0	0	0	(791,744)	0	0	0	(791,744)	0	(791,744)
Dividends paid to non-controlling interest	0	0	0	0	0	0	0	0	(1,879)	(1,879)
Reserve for repurchase of shares	0	0	(39,482)	39,482	0	0	0	0	0	0
Repurchase and sale of shares	0	(1,093)	(2,416)	0	0	0	0	(3,509)	0	(3,509)
Increase in non-controlling interest in acquired business	0	0	0	0	0	0	0	0	494,272	494,272
Comprehensive income for the year:
Profit for the year	0	0	0	3,935,672	0	0	0	3,935,672	36,420	3,972,092
Other comprehensive income	0	0	0	0	(247,581)	317,609	(72,787)	(2,759)	0	(2,759)
Total comprehensive income for the year	0	0	0	3,935,672	(247,581)	317,609	(72,787)	3,932,913	36,420	3,969,333
Balance at Dec. 31, 2020	1,174,432	413,423	1,266,469	39,607,821	(267,352)	1,391,534	(268,692)	43,317,635	609,173	43,926,808
Dividends paid	0	0	0	(851,619)	0	0	0	(851,619)	0	(851,619)
Dividends paid to non-controlling interest	0	0	0	0	0	0	0	0	(2,023)	(2,023)
Reserve for repurchase of shares	0	0	(34,068)	34,068	0	0	0	0	0	0
Repurchase and sale of shares	0	647	(32,978)	0	0	0	0	(32,331)	0	(32,331)
Merger of subsidiary companies	0	0	0	(16,595)	0	0	0	(16,595)	0	(16,595)
Increase in non-controlling interest in acquired business	0	0	0	0	0	0	0	0	2,048	2,048
Comprehensive income for the year:
Profit for the year	0	0	0	5,065,554	0	0	0	5,065,554	(131,454)	4,934,100
Other comprehensive income	0	0	0	0	217,601	109,906	(3,835)	323,672	0	323,672
Total comprehensive income for the year	0	0	0	5,065,554	217,601	109,906	(3,835)	5,389,226	(131,454)	5,257,772
Balance at Dec. 31, 2021	$ 1,174,432	$ 414,070	$ 1,199,423	$ 43,839,229	$ (49,751)	$ 1,501,440	$ (272,527)	$ 47,806,316	$ 477,744	$ 48,284,060

Consolidated Statements of Cash

Consolidated Statements of Cash Flows $ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021MXN ($)	Dec. 31, 2020MXN ($)	Dec. 31, 2019MXN ($)
Cash flows from operating activities:
Profit for the year	$ 4,934,100	$ 3,972,092	$ 3,232,826
Adjustments for:
Deferred income tax recognized in profit or loss	17,017	(109,443)	60,677
Current income tax recognized in profit or loss	1,790,621	1,321,054	1,064,301
Bargain purchase gain of domestic business acquisition	0	(90,889)	0
Depreciation and amortization	1,463,799	1,735,146	1,286,443
Depreciation of right-of-use assets	343,367	307,757	302,804
Intangible impairment loss	5,459	0	73,733
Loss (gain) on disposal of plant and equipment	95,341	12,987	(85,937)
Interest income earned	(597,610)	(705,986)	(991,632)
Interest expense and financial expense	265,982	291,038	330,119
Unrealized foreign exchange loss on loans	34,146	320,880	(139,830)
Subtotal	8,352,222	7,054,636	5,133,504
Derivative financial instruments	(46,442)	212,279	(11,528)
Accounts receivable, net	(811,965)	(335,742)	(306,588)
Due from related parties	395	12,988	(13,575)
Inventories	(685,817)	(850,655)	(133,572)
Current and non-current biological assets	(1,125,369)	(145,670)	(66,582)
Prepaid expenses and other current assets	(1,536,093)	32,866	(95,201)
Assets held for sale	(2,806)	(1,714)	(3,848)
Trade payable and other accounts payable	4,265,240	320,821	(38,542)
Due to related parties	104,587	4,138	(70,810)
Income taxes paid	(2,161,321)	(590,836)	(1,302,902)
Employee benefits	60,123	104,484	184,992
Net cash provided by operating activities	6,412,754	5,817,595	3,275,348
Cash flows from investing activities:
Payments for acquisition of property, plant and equipment	(3,479,493)	(2,346,415)	(2,199,600)
Proceeds from sale of plant and equipment	29,772	23,802	197,059
Investment in securities at fair value through profit or loss	1,007,481	(832,038)	363,784
Investment in securities at fair value through other comprehensive income	(622,108)	(621,954)	(315,761)
Other assets	84,080	(26,569)	24,244
Interest collected	597,610	705,986	991,632
Net cash used in investing activities	(2,382,658)	(3,097,188)	(938,642)
Cash flows from financing activities:
Payment for repurchase of shares	(46,392)	(15,594)	(10,729)
Proceeds from issuance of repurchased shares	14,061	12,085	9,255
Dividends paid	(851,619)	(791,744)	(840,000)
Dividends paid to non-controlling interest	(2,023)	(1,879)	(1,985)
Proceeds from borrowings	1,709,080	4,030,700	4,839,000
Principal payment on loans	(2,267,280)	(6,762,222)	(4,808,163)
Interest paid on lease	0	(53,639)	(37,797)
Interest paid	(234,134)	(237,399)	(292,322)
Payment of lease liability	(358,987)	(386,710)	(325,207)
Net cash used in by financing activities	(2,037,294)	(4,206,402)	(1,467,948)
Net increase (decrease) in cash and cash equivalents	1,992,802	(1,485,995)	868,758
Cash and cash equivalents at January 1	17,286,374	18,662,765	17,901,845
Effect of exchange rate fluctuations on cash and cash equivalents	(142,733)	109,604	(107,838)
Cash and cash equivalents at December 31	$ 19,136,443	$ 17,286,374	$ 18,662,765

Reporting entity

Reporting entity	12 Months Ended
	Dec. 31, 2021
Reporting entity
Reporting entity	(1) Reporting entity Industrias Bachoco, S.A.B. de C.V. and subsidiaries (hereinafter, “Bachoco” or the “Company”) is a publicly traded company and was incorporated on April 17, 1980, as a legal entity. The Company’s registered address is Avenida Tecnológico 401, Ciudad Industrial, Celaya, Guanajuato, Mexico. The Company is engaged in breeding, processing and marketing poultry (chicken and eggs), swine and other products (primarily balanced animal feed). Bachoco is a holding company that has control over a group of subsidiaries (see note 5). The shares of the Company are listed on the Mexican Stock Exchange (BMV for its Spanish acronym) under the ticker symbol “Bachoco,” and in the New York Stock Exchange (“NYSE”), under the ticker symbol “IBA” (see note 31 b).

Basis of preparation

Basis of preparation	12 Months Ended
	Dec. 31, 2021
Basis of preparation
Basis of preparation	(2) Basis of preparation a) Statement of compliance The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”), as issued by the International Accounting Standard Board (“IASB”). On April 25, 2022, the accompanying consolidated financial statements and related notes were authorized for issuance by the Company’s Chief Financial Officer, Mr. Daniel Salazar Ferrer, for review and approval by the Audit Committee, Board of Directors and stockholders. In accordance with Mexican General Corporate Law and the Company’s bylaws, the stockholders are empowered to modify the consolidated financial statements after their issuance should they deem it necessary. Business continuity The consolidated financial statements have been prepared by Management assuming that the Company will continue to operate as a going concern. b) Basis of measurement The accompanying consolidated financial statements were prepared on the historical cost basis (historical cost is generally based on the fair value of the consideration given in exchange for goods and services), except for the following items in the consolidated statement of financial position, which are measured at fair value: ● Derivative financial instruments for trading and hedging, and investment in securities at fair value through profit or loss and investment in securities at fair value through other comprehensive income ● Biological assets Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, regardless of whether that price is directly observable or estimated using another valuation technique. In estimating the fair value of an asset or a liability, the Company takes into account the characteristics of the asset or liability if market participants would take those characteristics into account when pricing the asset or liability at the measurement date. In addition, for financial reporting purposes, fair value measurements are categorized into Level 1, 2 or 3 based on the degree to which the inputs to the fair value measurements are observable and the significance of the inputs to the fair value measurements in its entirety, which are described as follows: Level 1 inputs are quoted prices in active markets for identical assets or liabilities. Level 2 inputs are inputs, other than quoted prices included within Level 1, which are observable either directly or indirectly. Level 3 inputs are unobservable inputs. c) Functional and presentation currency These consolidated financial statements are presented in thousands of Mexican pesos (“pesos” or “$”), the official currency of Mexico, which is the currency in which the Company’s accounting records are maintained and functional currency for most of its subsidiaries, except for foreign subsidiaries for which the U.S. dollar is the functional currency as well as the currency in which accounting records are maintained. For disclosure purposes, in the notes to the consolidated financial statements, “thousands of pesos” or “$” means thousands of Mexican pesos, and “thousands of dollars” means thousands of U.S. dollars. When deemed relevant, certain amounts are included between parentheses as a translation into thousands of dollars, into thousands of Mexican pesos, or both, as applicable. These translations are performed for the convenience of the reader at the closing exchange rate issued by Bank of Mexico, which is $20.51, $19.95 and $18.89 pesos to one U.S. dollar as of December 31, 2021, 2020 and 2019, respectively. d) Use of estimates and judgments The preparation of the consolidated financial statements in conformity with IFRS requires Management to make judgments, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. Estimates and significant assumptions are reviewed on an ongoing basis. Changes in estimates are recognized in the period in which they occur and in any future periods affected. The following are the critical accounting estimates and assumptions in the application of the Company’s accounting policies, which are significant to the amounts recognized in the consolidated financial statements. Critical accounting judgments i. Fair value of biological assets The Company estimates the fair value of biological assets as the price that would be received or paid in an orderly transaction between market participants at the measurement date. As part of the estimate, the Company considers the maturity periods of such assets, the necessary time span for the biological assets to reach a productive stage, as well as future economic benefits obtained. The balance of current biological assets includes hatching eggs, growing pigs and growing poultry, while the balance of non-current biological assets includes poultry in its different production stages, and breeder pigs. Non-current biological assets are valued at production cost less accumulated depreciation or accumulated impairment losses, as there is no observable or reliable market for such assets. Additionally, the Company believes that there is no reliable method for measuring the fair value of non-current biological assets. Current biological assets are valued at fair value when there is an observable market, less estimated selling expenses. ii. Business combinations or acquisition of assets Management uses its professional judgment to determine whether the acquisition of a group of assets constitutes a business combination or acquisition of assets in accordance with IFRS. This determination may have a significant impact in how the acquired assets and assumed liabilities are accounted for, both on initial recognition and subsequent thereto. iii. Aggregation of operating segments The Company’s chicken and egg operating segments are aggregated to present one reportable segment (Poultry) as they have similar products and services, production processes, classes of customers, methods used for distribution, the nature of the regulatory environment in which they operate, and similar economic characteristics as evidenced by similar five-year trends in average gross profit margins. These factors are evaluated at least annually. iv. Discount rate estimation to calculate the present value of future minimum rent payments The Company estimates the discount rate to be used in determining the lease liability, based on the incremental borrowing rate (“IBR”). The Company uses a two-level model, with which it determines the elements that make up the discount rate: (i) reference rate, and (ii) credit risk component. In such model, Management also considers its policies and practices to obtain financing, distinguishing between borrowings obtained at the corporate level (that is, by the holding company), or at the level of each subsidiary. Finally, for real estate leases, or in which there is significant and observable evidence of their residual value, the Company estimates and evaluates an adjustment for the characteristics of the underlying asset, taking into account the possibility that such asset may be granted as collateral or guarantee against the risk of default. v. Estimate of the term of the lease contracts The Company defines the term of the leases as the period for which there is a contractual payment commitment, considering the non-cancellable period of the contract, as well as the renewal and early termination options that are reasonably certain to be exercised. The Company participates in lease agreements that do not have a defined mandatory term, a defined renewal period (if it contains a renewal clause), or annual automatic renewals. Accordingly, to measure the lease liability, the Company estimates the term of the contracts considering their contractual rights and limitations, the business plan, as well as Management's intentions for the use of the underlying asset. Additionally, the Company considers the early termination clauses of its contracts and the probability of exercising them, as part of its estimation of the lease term. Key sources of estimation uncertainty on the application of accounting policies i. Assessments to determine the recoverability of deferred tax assets On an annual basis the Company prepares financial projections to determine if it will generate sufficient taxable income to utilize its deferred tax assets associated with deductible temporary differences, including tax losses and other tax credits. ii. Useful lives and residual values of property, plant and equipment Useful lives and residual values of intangible assets and property, plant and equipment are used to determine amortization and depreciation expense of such assets and are determined with the assistance of internal and external specialists, as deemed necessary. Useful lives and residual values are reviewed periodically at least once a year, based on the current conditions of the assets and the estimate of the period during which they will continue to generate economic benefits to the Company. If there are changes in the related estimate, measurement of the net carrying amount of assets and the corresponding depreciation expense are affected prospectively. iii. Measurements and disclosures at fair value Fair value is a measurement based on the price a market participant would be willing to receive to sell an asset or pay to transfer a liability, and is not a measure specific to the Company. For some assets and liabilities, observable market transactions or market information may be available. For other assets and liabilities, observable market transactions and market information may not be available. However, the purpose of a measurement at fair value in both cases is to estimate the price at which an orderly transaction to sell the asset or to transfer the liabilities would be carried out among the market participants at the date of measurement under current market conditions. When the price of an identical asset or liability is not observable, the Company determines the fair value using another valuation technique which maximizes the use of relevant observable information and minimizes the use of unobservable information. As the fair value is a measurement based on the market, it is measured using the assumptions that market participants would use when they assign a price to an asset or liability, including assumptions about risk. iv. Impairment of long-lived assets and goodwill The carrying amount of long-lived assets is reviewed for impairment when situations or changes in circumstances indicate that it is not recoverable, except for goodwill which is reviewed on an annual basis. If there are indicators of impairment, a review is carried out to determine whether the carrying amount exceeds its recoverable value and whether it is impaired. The recoverable value is the highest of the asset’s fair value, less selling costs, and its value in use which is the present value of the future estimated cash flows generated by the asset. The value in use calculation requires the Company to estimate the future cash flows expected to arise from the asset and/or from the cash-generating unit and an appropriate discount rate in order to calculate present value. v. Employee retirement benefits The Company uses assumptions to determine the best estimate for its employee retirement benefits. Assumptions and estimates are established in conjunction with independent actuaries. These assumptions include: demographic hypotheses, discount rates and expected increases in remunerations and future employee service periods, among others. Although the assumptions are deemed appropriate, a change in such assumptions could affect the value of the employee benefit liability and the results of the period in which it occurs. vi. Expected credit losses on accounts receivable The expected credit losses on financial assets are estimated using a provision matrix based on the Company's historical experience of credit losses, adjusted for factors that are specific to each of the Company's customer and debtor groups, general economic conditions and Management's assessment both current and forecast conditions as of the reporting date, including the value of money when applicable. vii. Contingencies A contingent liability is defined as: ● A possible obligation that arises from past events and whose existence can only be confirmed by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the Company, or ● A present obligation that arises from past events but is not recognized because: a. it is not probable that an outflow of resources embodying economic benefits will be required to settle the obligation; or b. the amount of the obligation cannot be measured with sufficient reliability. The assessment of such contingencies requires the exercise of significant judgments and estimates on the possible outcome of those future events. The Company assesses the probability of loss arising from lawsuits and other contingencies with the assistance of its legal advisors. These estimates are reconsidered periodically at each reporting period. viii. Uncertainties Pandemics or disease outbreaks, such as the novel coronavirus (“COVID-19”), may alter consumption and trade patterns, supply chains, and production processes, which could affect the Company’s business and results of operations. e) COVID In March 2020, the World Health Organization declared the COVID-19 a Global pandemic. As a result, measures established by the federal, state and local authorities in Mexico and the United, that required the forced closure of certain activities considered non-essential (businesses, non-essential government agencies, educational sector, among others) which negatively affected the operations of some of the Company's customers. Currently globally we continue to experience the impacts of the COVID-19 pandemic, the variants and their peak waves of contagion challenged us. During 2021, the start of the global vaccination campaign and the knowledge generated to manage the disease painted an encouraging picture with a view to reactivating economic and social activities and, in general, life as it was known before its arrival. Authorities in Mexico and the United States continued to impose restrictive measures on mobility and economic reopening, although greater flexibility was undoubtedly observed as a result of progress in vaccination. This led to greater economic activity even in non-essential sectors. During 2021 and 2020, Management performed an analysis to measure the financial impact on the Company derived from the possible effects of COVID 19, which included the following: ● Review of potential impairment of non-financial assets (including goodwill, right-of-use assets and property, plant and equipment) - Based on medium and long-term projections, a possible impairment in goodwill has not been identified in long-lived assets, except for intangible assets where an impairment of $5,459 was recognized in the United States subsidiary. ● Inventory valuation - The Company has not had an impairment in the price of chicken and eggs. The Company qualified as an essential activity for which it has kept operations working normally, reinforcing sanitary measures in all work centers, in this way it has fulfilled its commitments to its customers. During 2020, the Hotel sector was the most affected in sales volume, for which the Company directed the volume to other channels such as self-services, rotisserie chains , public market and live chicken. During 2021, the Hotel sector improved, but without reaching pre-pandemic levels. ● In the acquisition of raw materials, even when there was volatility in the dollar exchange rate, the prices of the main raw materials such as corn and soybean paste were not affected in terms of cost and supply due to the pandemic, in some other raw materials were delayed in shipments mainly due to logistical problems of ships in the ports of China, but without significantly affecting the Company's productive activities. ● Provision for expected losses - The estimate for expected credit losses was reviewed and based on this analysis, Management considered that the allowance for doubtful accounts is sufficient to support an increase in credit risk for certain clients. During certain months of the year 2021 and 2020, the level of the accounts receivable portfolio increased based on agreed terms and continues to be recovered considering the payment plans. ● Measurement at fair value - investments recognized at fair value consider all relevant market factors for their proper valuation. ● Breaches of agreements – The Company has fulfilled its commitments to suppliers and customers due to the fact that, as an essential sector, it has maintained its operations working normally, complying with the health protocols established by the competent authorities and due to its solid financial position. ● Going concern - The Company qualified as an essential activity in the markets it operates in and continues to operate normally with full operations in its farms, plants, distribution centers, logistics, supply chain and offices, despite partially working remotely in some of its corporate locations. Management has also implemented strict additional measures to guarantee the well-being of clients, suppliers and workers, as well as the quality and safety of its products, working in coordination with the health authorities and attending to all the recommendations issued by them. ● Labor relations have not been affected and no changes were made to contractual agreements with employees as the Company continues to operate normally. ● Liquidity risk management - The Company has sufficient liquidity to continue assuming its current and long-term commitments. ● Insurance recoveries related to business interruptions - The Company has insurance policies to cover business continuity, however, it is not expected that they will be used because it will continue to operate normally as it is considered to be an essential activity. ● Income tax considerations - So far, no adverse tax impact is anticipated as a result of the pandemic. As the products that the Company manufactures and its industry is considered essential, there were no significant adverse effects on its consolidated position and financial performance resulting from COVID-19. As the date of issuance of the consolidated financial statements, the Company does not consider that it should substantially modify its budgets and / or financial projections or recognize significant losses in the valuation of its monetary and non-monetary assets. However, there is no guarantee that in the future the financial situation could be affected if the negative effects of the disruption to the national and global economy are significantly altered. f) Labor Reform in Mexico On April 23, 2021, various labor and tax provisions regarding labor subcontracting were published, which implied the elimination of the group's service providers, except in specific cases. Due to the foregoing, the Company in July 2021 carried out the employer substitution for the transfer of personnel from its service providers to its operating companies in which the employees directly participate, all these subsidiaries of Industrias Bachoco S.A.B. of C.V. Due to the above in July the merger of these service providers with Bachoco S.A. de C.V. was carried out. As a result of the merger, there were no significant tax effects or significant effects on the labor liabilities of the pension plan. g) Issuance of new IFRS i. New and amended IFRS that affect reported balances and/or disclosures in consolidated financial statements In the current year, the Company adopted a series of new and amended IFRS issued by the IASB which went into effect on January 1, 2021, as it relates to its consolidated financial statements. Phase 2 of the interest rate benchmark reform (IBOR- Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16) Interbank rates benchmark such as LIBOR, EURIBOR, and TIBOR, which represent the cost of obtaining unsecured funds, have been questioned about their viability as long-term funding benchmarks. The changes in the reform of the interest rates benchmark in its phase 2, refer to the modifications of financial assets, financial liabilities and lease liabilities, requirements for hedge accounting and disclosure of financial instruments. These improvements are effective as of January 1, 2021 with retrospective application, without it required to redo the comparative periods. With respect to modifying financial assets, financial liabilities and lease liabilities, the IASB introduced a practical expedient that involves updating the effective interest rate. On the other hand, with regard to hedge accounting, the hedge relationships and documentation must reflect the modifications to the hedged item, the hedging instrument and the risk to be hedged. Hedging relationships must meet all criteria for applying hedge accounting, including effectiveness requirements. Finally, with respect to disclosures, entities must disclose how they are managing the transition to alternative benchmark rates and the risks that may arise from the transition; in addition, they must include quantitative information on financial assets and non-derivative financial liabilities, as well as non-derivative financial instruments, that continue under the reference rates subject to the reform and the changes that have arisen to the risk management strategy. Its adoption had not material impact on the disclosures or the amounts reported in these consolidated financial statements. Initial impact of concessions applied to Income under IFRS 16 due to issues related to COVID-19 after june30, 2021, amendment to IFRS 16 In March 2021, the IASB issued COVID-19 Related Rent Concessions beyond June 30, 2021 (amendment to IFRS 16). When the IASB published the amendments to IFRS 16 in May 2020, the lessor was allowed to apply the practical expedient of the rental concessions for any reduction in the payment of leases affecting the original payments before or as of June 30, 2021. Due to the nature of the COVID-19 pandemic, the amendment extended a practical expedient to apply those original payments before or on June 30, 2022. The practical expedient allows a tenant to decide not to assess whether a COVID-19 related rent is a lease modification. A lessee who makes this election should account for any change in rent payments resulting from the granting of rents related to COVID-19 applying IFRS 16 as if the change were not a modification to the lease. The practical file applies only to rental concessions that occur as a direct consequence related to COVID-19 and only if the following conditions are met: ● The change in lease payments results in consideration that is substantially the same as, or less than, the lease consideration immediately prior to the change. ● Any reduction in lease payments only affects payments due on or before June 30, 2022 (a rental concession meets this condition if it results in a reduction in payments before June 30, 2022 increases lease payments that extend beyond June 30, 2022); and ● The Company has not had any material impact for these amendments to IFRS 16 because it did not have any applicable rental concessions. ii. New IFRS issued but not yet effective As of the date of these consolidated financial statements, the Company has not applied the following new and revised IFRS that have been issued but are not yet effective. ​ ​ ​ IFRS 17 Insurance Contracts IFRS 10 and IAS 28 (amendments) Sale or contribution of assets between an investor and its associate or joint venture Amendments to IAS 1 Classification of liabilities as current or non-current. Amendments to IFRS 3 Definition of a business Amendments to IAS 16 Property, Plant and Equipment - before being used Amendments to IAS 37 Onerous contracts - costs of fulfilling a contract Annual improvements to IFRS 2018-2020 cycle Amendments to IFRS 1 First adoption of International Financial Reporting Standards, IFRS 9 Financial Instruments, IFRS 16 Leases and IAS 41 Agriculture Amendments to IAS 1 and the IFRS practice statements 2 Disclosure of accounting policies Amendments to IAS 8 Definition of accounting estimates Amendments to IAS 12 Deferred taxes related to assets and liabilities arising from a single transaction. ​ IFRS 17 Insurance Contracts IFRS 17 establishes the principles for the recognition, measurement, presentation and disclosure of insurance contracts and replaces IFRS 4 - Insurance contracts. IFRS 17 describes a general model, which is modified for insurance contracts with direct participation features, which is described as the variable rate approach. The general model is simplified if certain criteria are met when measuring the liability for remaining coverage using the premium allocation method. The general model will use current assumptions to estimate the amount, timing and uncertainty of future cash flows and will explicitly measure the cost of that uncertainty, taking into account market interest rates and the impact of options and guarantees of the insured. In June 2020, the IASB issued the amendments to IFRS 17 to address the concerns and implementation of the changes that were identified after IFRS 17 was published. The amendments defer the date of initial application of IFRS 17 (incorporating the amendments) to the annual report beginning on or after January 1, 2023. At the same time, the IASB issued a Temporary Extension of Exemption to Apply IFRS 9 (Amendments to IFRS 4) that extends the expiration date of the temporary exception to apply IFRS 9 to IFRS 4 for annual periods beginning on or after January 1, 2023. IFRS 17 should be applied retrospectively unless it is not practical, in which case the retrospective approach will be modified, or the fair value approach will be applied. In accordance with the transition requirements, the date of initial application is the beginning of the annual reporting period in which the entity first applies the Standard and, the transition date is the beginning of the period immediately preceding the date of the initial application. Amendments to IFRS 10 and IAS 28 Sale or contribution of assets between an investor and its associate or joint venture The amendments to IFRS 10 and IAS 28 treat with situations where there is a sale or contribution of assets between an investor and its associate or joint venture. Specifically, the amendments establish that gains or losses resulting from the loss of control of a subsidiary that does not contain a business in a transaction with an associate or a joint venture that is accounted for using the equity method, are recognized in profit or loss. of the parent only to the extent that the participation of unrelated investors in that associate or joint venture. Similarly, profit and losses resulting from the remeasurement of investments retained in any former subsidiary (that has become an associate or a joint venture that is accounted for using the equity method) at fair value, are recognized in profit. or loss of the former parent, only to the extent of the participation of unrelated investors in the new associate or joint venture. The effective date of the amendments has not yet been set by the IASB; however, early application is permitted. Amendments to IAS 1 Classification of Liabilities as Current and Non-Current The amendments to IAS 1 affect only the presentation of liabilities as current and non-current in the statement of financial position and not the amount or timing at which any asset, liability, income or expense is recognized, or the information disclosed about those items. The amendments clarify that the classification of liabilities as current and non-current is based on the rights to exist at the end of the reporting period, specify that the classification is not affected by expectations about whether the entity will exercise the right to defer settlement of the liability, explain that rights exist if there are covenants to be met at the end of the reporting period, and introduce a definition of ‘arrangement’ to make it clear that the arrangement refers to the transfer of cash from the counterparty, equity instruments, other assets or services. The amendments are applied retrospectively for annual periods beginning on or after January 1, 2023, with early application permitted. Amendments to IFRS 3 - Reference to the Conceptual Framework The amendments update IFRS 3 so that it can refer to the 2018 Conceptual Framework Finally, the amendments add an explicit statement that the buyer will not recognize a contingent asset acquired from a business combination. The amendments are effective for business combinations for which the acquisition date is on or after the initial period of the first annual period beginning on or after January 1, 2022. With an option for early application if the entity also applies all other updated references (published together with the Conceptual Framework Amendments to IAS 16 - Property, Plant and Equipment - before Intended Use. The amendments prohibit the deduction from the cost of an asset of property, plant or equipment of any revenue from selling the asset after it is ready for use, for example, revenue while the asset is being brought to the location and the necessary refurbishment is being carried out to make it operable in the manner intended by management. Accordingly, an entity should recognize those sales revenues and costs in profit or loss. The entity measures the costs of these items in accordance with IAS 2 Inventories The amendments clarify the meaning of ‘testing whether an asset is functioning properly’. IAS 16 now specifies this as an assessment in which the physical and technical performance of the asset is capable of being used in the production or supply of goods or services, for rental or other, or administrative purposes. If not presented separately in the statement of comprehensive income, the financial statements must disclose the amounts of revenues and costs in income related to items that are not an outflow from the entity's ordinary activities in the line item(s) in the statement of comprehensive income where revenues and costs are included. The modifications are applied retrospectively, but only to items of property, plant and equipment that are brought to the location and condition necessary for them to be able to operate as Management intends on or after the beginning of the period in which the entity's financial statements in which the modifications are first applied. The Company shall recognize the cumulative effect of the initial application of the amendments as a balance sheet adjustment to retained earnings (or an appropriate component of equity) at the beginning of the earliest period presented. The amendments are effective for annual periods beginning on January 1, 2022 with an option for earlier application. Amendments to IAS 37 - Onerous Contracts - Costs of Fulfilling a Contract The amendments specify that the ‘costs of fulfilling’ a contract comprise ‘costs directly related to the contract’. Costs that relate directly to a contract consist of incremental costs and costs of fulfilling a contract (e.g., labor or materials) and the allocation of other costs that relate directly to fulfilling a contract (such as the allocation of depreciation to items of property, plant and equipment to fulfill the contract). The amendments apply to contracts in which the entity has not yet complied with all of its obligations at the beginning of the annual reporting period in which the entity applies the amendments for the first time. Comparatives should not be restated. Instead, an entity should recognize the cumulative effect of the initial application of the amendments as a balance sheet adjustment to retained earnings or such other component of equity, as appropriate, for the date of initial application. The amendments are effective for annual periods beginning on or after January 1, 2022, with an option for earlier application. Annual Amendments to IFRS standards 2018-2020 The Annual Amendments include amendments to four standards. IFRS 1 First-time Adoption of International Financial Reporting Standards IFRS 9 Financial Instruments IFRS 16 Leases IAS 41 Agriculture Fair Value Measurement The amendments are effective for annual periods beginning on or after January 1, 2022, with an option for ini

Significant accounting policies

Significant accounting policies	12 Months Ended
	Dec. 31, 2021
Significant accounting policies
Significant accounting policies	(3) Significant accounting policies The significant accounting policies set out below have been applied consistently to all periods presented in these consolidated financial statements. a) Basis of consolidation i. Subsidiaries Subsidiaries are entities controlled by the Company. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control is lost (see note 5). The consolidated financial statements include the financial statements of the subsidiary companies up to December 31 of each year. Control is achieved when the Company: ● Has power over the investee ● It is exposed, or has rights, to variable returns derived from its participation in the investee ● Has the ability to use his power to affect his returns Profits and losses of subsidiaries acquired or sold during the year are included in the consolidated statements of profit and loss and other comprehensive income from the acquisition date to the disposal date. Where necessary, the financial statements of subsidiaries are adjusted to align their accounting policies with the Company’s consolidated accounting policies. ii. Transactions eliminated in consolidation Intercompany balances and transactions, and any unrealized gains and losses arising from transactions between consolidated companies have been eliminated in preparing these consolidated financial statements. iii. Non-controlling interest Non-controlling interests in subsidiaries are identified separately from the Company's capital in them. Non-controlling shareholders' interests that are current ownership interests that entitle their holders to a proportionate share of the net assets at liquidation may be initially measured at fair value or the proportionate share of non-controlling interest in the fair value of the identifiable net assets of the acquiree. The choice of measure is made acquisition by acquisition. Other non-controlling interests are initially measured at fair value. Post-acquisition, the carrying amount of non-controlling interests is the amount of those interests at initial recognition plus the participation of non-controlling interests in subsequent changes in capital. Total comprehensive income is attributed to non-controlling interests even if this results in non-controlling interests having a negative balance. iv. Business combinations Business combinations are accounted for using the acquisition method. For each business combination, any non-controlling interest in the acquiree is valued either at fair value or according to the proportionate interest in the acquiree’s identifiable net assets. In a business combination, the identifiable assets acquired and the liabilities assumed are recognized at their fair value on the date of acquisition, except that: ● Deferred tax assets or liabilities and assets or liabilities related to employee benefit agreements are recognized and measured in accordance with IAS 12 and IAS 19, respectively. ● Liabilities or equity instruments related to share. The acquiree's payment agreements or the Company's share-based payment agreements entered into to replace the acquiree's share-based payment agreements, are measured in accordance with IFRS 2 in the acquisition date. ● Assets (or groups of assets) that are classified as held for sale in accordance with IFRS 5 are measured in accordance with that standard. Goodwill is originally valued at cost and represents any excess of the transferred consideration over the net assets acquired and liabilities assumed. If the net amount of identifiable acquired assets and assumed liabilities as of the acquisition date exceeds the sum of the consideration transferred, the amount of any non-controlling interest in the acquired entity and the fair value of the prior shareholding of the acquirer in the acquired entity (if any), any excess is immediately recognized in the consolidated statement of profit and loss and other comprehensive income as a bargain purchase gain. Transaction costs, other than those associated with the issuance of debt or equity securities, that the Company incurs related to a business combination are expensed as incurred. The payable contingent considerations are measured at fair value at the acquisition date. If the contingent consideration is classified as equity, then it is not re-measured and settlement is accounted for within equity. Otherwise, subsequent changes in the fair value of the contingent consideration are recognized in profit and loss. b) Foreign currency i. Foreign currency transactions Transactions in foreign currencies are translated to the respective functional currencies of the Company at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies at the reporting date are translated to the functional currency at the exchange rate at that date. The foreign currency gain and loss on monetary items is the difference between amortized cost in the functional currency at the beginning of the period, adjusted for interest and principal payments during the period, and the amortized cost in foreign currency translated at the exchange rate at the end of the reporting period. Non-monetary items that are measured at historical cost in a foreign currency are translated using the exchange rate at the date of the transaction. ii. Translation of foreign operations Assets and liabilities, including goodwill and fair value adjustments arising on acquisition, of foreign operations whose functional currency differs from the reporting currency, are translated into Mexican pesos at the exchange rates at the reporting date. Income and expenses are translated to pesos at the average exchange rate of the period of the transactions. Foreign currency differences associated with translating foreign operations into the reporting currency (Mexican peso) are recognized in other comprehensive income and presented in the foreign currency translation reserve in stockholders’ equity. Exchange differences on monetary items receivable or payable to a foreign business, whose settlement is neither planned nor likely to occur in the foreseeable future (therefore, they are part of the net investment in the business business), that are initially recognized in other comprehensive income and reclassified from equity to income when the total or partial disposal of the net investment is made. For the years ended December 31, 2021, 2020 and 2019 the Company did not enter into such transactions. c) Financial instruments i. Financial assets Classification of financial assets The Company classifies and measures its financial assets under the following criteria: ● ● ● Recognition and derecognition of financial assets Assets are initially recognized on the date of the contract in which the Company becomes a member of the contractual provisions of the instruments and they are initially valued at their fair value. Transaction costs that are directly attributable to the acquisition or issuance of financial assets and liabilities (other than financial assets at fair value through profit or loss) are added to or reduced from the fair value of the financial assets or liabilities, where applicable, at initial recognition. Transaction costs directly attributable to the acquisition of financial assets and liabilities at fair value through profit or loss are recognized immediately in profit or loss. All regular purchases or sales of financial assets are recognized and derecognized on a trade date. Regular purchases or sales are purchases or sales of financial assets that require the delivery of assets within the period established by the regulation or usual practices in the market. All recognized financial assets are subsequently measured in full, either at amortized cost or fair value, according to the classification of financial assets. Financial assets of the Company include cash and cash equivalents, investment in securities at fair value through profit or loss and through other comprehensive income, derivative financial instruments and trade receivables. The Company initially recognizes accounts receivable and cash equivalents on the date that they arise. All other financial assets (including assets measured at fair value through profit and loss) are initially recognized on the trading date, which is the date that the Company becomes a party to the contractual provisions of the instrument. The Company derecognizes a financial asset when the contractual rights to cash flows from the asset expire, or it transfers the rights to receive the contractual cash flows in a transaction in which all the risks and rewards of ownership of the financial asset are substantially transferred. Financial assets and liabilities are offset and the net amount is presented in the consolidated statement of financial position solely if the Company has a legal right to offset the amounts and intends either to settle them on a net basis of financial assets and liabilities or otherwise realize the asset and settle the liability simultaneously. Cash and cash equivalents Cash and cash equivalents comprise cash balances and demand deposits or investments with original maturities of three months or less from the acquisition date, which are subject to an insignificant risk of changes in their fair value and are used by the Company in the management of its short-term commitments. Receivables Receivables are financial assets with fixed or determinable payments that are not quoted in an active market. Such assets are recognized initially at fair value plus any directly attributable transaction costs. Subsequent to initial recognition, receivables are measured at amortized cost. Receivables comprise trade, due from related parties and other receivables. Impairment of financial assets The Company evaluates whether its financial assets accounted for at amortized cost and at fair value through other comprehensive income are impaired on the basis of losses due to expected credit losses. The amount of expected credit losses is updated on each reporting date to reflect changes in credit risk since the initial recognition of the respective financial instrument. The Company recognizes lifetime expected credit losses for commercial accounts receivable, contract assets and accounts receivable for leases. The expected credit losses on these financial assets are estimated using a provision matrix based on the Company’s historical experience of credit losses, adjusted for factors that are specific to the debtors, the general economic conditions and Management’s assessment, of both the current and forecast conditions at the reporting date, including the time value of money when appropriate. For all other financial instruments, the Company recognizes the lifetime expected credit loss when there has been a significant increase in credit risk since the initial recognition. However, if the credit risk in the financial instrument has not increased significantly since the initial recognition, the Company measures the provision for losses for that financial instrument in an amount equal to the 12-month expected credit losses. The Company considers a significant increase in credit risk to have occurred when the financial investment asset’s credit rating falls to the level of speculation, or when the rating provided by external ratings agencies has decreased by more than 2 levels with respect to the level at which it was acquired. Additionally, the Company considers that default has occurred when a financial asset is more than 90 days past-due, unless there is reasonable and reliable information demonstrating that a later default criterion is more appropriate. ii. Financial liabilities Debt and/or equity instruments are classified as financial liabilities or as equity according to the substance of the contractual agreement and the definitions of liability and equity. All financial instrument liabilities are initially recognized on the trade date, which is the date that the Company becomes a party to the contractual provisions of the instrument. The Company derecognizes a financial instrument liability when its contractual obligations are met, cancelled or expire. The Company has the following non-derivative financial instrument liabilities: short-term and long-term debt, and trade and other payables and accounts payable to related parties. The aforementioned financial liabilities are originally recognized at fair value, plus costs directly attributable to the transaction. Subsequently, these financial liabilities are measured at amortized cost using the effective interest method or at fair value through profit or loss during their contractual term. iii. Derivative financial instruments The Company participates in a variety of derivative financial instruments to manage its exposure to exchange rate risks, including currency forward contracts. Derivative financial instruments entered into for fair value hedging or for trading purposes are initially recognized at fair value; any attributable transaction costs are recognized in profit and loss as incurred. Until 2019, government grant was recognized initially as a liability, and subsequently was recognized to profit and loss as the related obligation is settled. Subsequent to the initial recognition, such derivative financial instruments are measured at fair value, and changes in such value are immediately recognized in profit and loss unless the derivative is designated and is effective as a hedging instrument, in which case, its recognition in profit and loss will depend on the nature of the hedging. Fair value of derivative financial instruments that are traded in recognized financial markets is based on quotes issued by these markets; when a derivative financial instrument is traded in the “ Over the Counter A derivative with a positive fair value is recognized as a financial asset, while a derivative with a negative fair value is recognized as a financial liability. Derivatives are not offset in the financial statements unless the Company has both the legal right and the intention to offset. A derivative is presented as a non-current asset or a non-current liability if the remaining maturity of the instrument is more than 12 months and it is not expected to be realized or settled within 12 months. Other derivatives are presented as current assets or current liabilities. The Company analyzes if there are embedded derivatives that should be segregated from the host contract and accounted for separately if the economic characteristics and risks of the host contract and the embedded derivative are not closely related. A separate instrument with the same terms as those of the embedded derivative meets the definition of a derivative, and the combined instrument is not measured at fair value through profit and loss. Changes in fair value of the separable embedded derivatives are immediately recognized in profit and loss. iv. Hedge Accounting The Company designates certain derivatives as hedging instruments with respect to foreign currency risk with fair value hedges, cash flow hedges or hedges of net investments in foreign operations. Firm commitments that hedge foreign currency risk are accounted for as cash flow hedges. At the beginning of the hedge relationship, the Company documents the relationship between the hedging instrument and the hedged item, together with its risk management objectives and its strategy to carry out various hedging transactions. In addition, at the beginning of the hedge and on an ongoing basis, the Company documents whether the instrument is effective to offset changes in the fair values or cash flows of the hedged item attributable to the hedged risk, which is when the hedging relationships comply with all of the following coverage effectiveness requirements: ● There is an economic relationship between the hedging instrument and the hedged item; ● The effect of credit risk does not dominate the value of the changes resulting from the economic relationship; and ● The coverage ratio of the coverage ratio is the same as that resulting from the amount of the hedged item that the Company actually covers and the amount of the hedging instrument that the Company actually uses to cover that amount of the hedged item. If the hedging instrument no longer meets the effectiveness requirement related to the hedging relationship, but the risk management objective for that designated hedging relationship remains the same, the Company adjusts the hedging relationship (that is, rebalances) so that it meets the qualification criteria again. The Company designates the entire change in the fair value of a forward contract (that is, it includes the forward elements) as the hedging instrument for all its hedging relationships that involve forward contracts. The Company designates only the intrinsic value of option contracts as a hedged item, that is, excluding the time value of the option. Changes in the fair value of the option are recognized in other comprehensive income and are accumulated in the cost of the hedge reserve. If the hedged item is related to the transaction, the fair value is reclassified to profit or loss when the hedged item affects the profit or loss. If the hedged item is related to the period of time, then the accumulated amount in the cost of the hedge reserve is reclassified to profit or loss in a rational manner: the Company amortizes the accumulated hedge reserve to profit or loss using the straight-line method. These reclassified amounts are recognized in profit or loss on the same line as the hedged item. If the hedged item is a non-financial item, the accumulated amount in the cost of the hedge reserve is eliminated directly from equity and is included in the initial carrying amount of the recognized non-financial item. In addition, if the Company expects that part or all of the accumulated loss in the cost of the hedge reserve will not be recovered in the future, that amount will be reclassified immediately to results. v. Capital stock Ordinary shares Ordinary shares are classified as equity. Incremental costs directly attributable to the issuance of ordinary shares are recognized as a deduction from equity, net of any tax effects. Stock repurchase When share capital recognized as equity is repurchased, the amount of the consideration paid, which includes directly attributable costs, net of any tax effects, is recognized as a deduction from equity. Repurchased shares are classified as treasury shares and are presented in the reserve for repurchase of shares. When treasury shares are sold or are re-issued subsequently, the amount received as well as the resulting surplus or deficit on the transaction is recognized in equity. d) Property, plant and equipment i. Recognition and measurement Property, plant and equipment, except for land, are recorded at acquisition cost less accumulated depreciation and any accumulated impairment losses. Land is measured at the acquisition costs less any accumulated impairment losses. Acquisition cost includes the purchase price, as well as any cost directly attributable to the acquisition of the asset, including all costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by Management. When components of an item of property, plant and equipment have different useful lives, they are accounted for as separate items (major components) of property, plant and equipment. An item of property, plant and equipment is derecognized at the time of disposal or when no future economic benefits are expected to arise from the continued use of the asset. Gains or losses on the sale of an item of property, plant and equipment are determined by comparing the proceeds from the sale with the carrying amount of property, plant and equipment, and are recognized net under “other expenses, net” in profit and loss for the year. ii. Subsequent costs The replacement cost of an item of property, plant and equipment is capitalized if the future economic benefits associated with the cost are expected to flow to the Company and the related cost is reliably determined. The carrying amount of the replaced item is written off from the accounting records. Maintenance and repair expenses related to property, plant and equipment are expensed as incurred. iii. Depreciation Depreciation is calculated over the cost of the asset less its residual value, using the straight line method, based on the estimated useful life of the assets. Depreciation is recognized in profit and loss beginning from the time when the assets are available for use. Below are the estimated useful lives for 2021, 2020 and 2019: ​ ​ ​ ​ ​ Average ​ ​ useful Life Buildings 46 Machinery and Equipment 19 Vehicles 11 Computers 8 Furniture 11 ​ The Company has estimated the following residual values as of December 31, 2021, 2020 and 2019: ​ ​ ​ ​ ​ Residual Value Buildings 9% Machinery and Equipment 8% Vehicles 5% Computers 0% Furniture 2% ​ e) Goodwill Goodwill arises as a result of the acquisition of a business over which control is obtained and is measured at cost less cumulative impairment losses; it is subject to annual tests for impairment. f) Intangible assets They are mainly comprised of trade names and customer relationships derived from the acquisition of businesses in the United States of America. The cost of intangible assets acquired through a business combination represents their fair value at the acquisition date and they are recognized separately from goodwill. Subsequently, they are valued at cost less amortization and accumulated impairment losses. Intangible assets are classified as having a definite or indefinite life. Those with a defined life are amortized under the straight-line method during their estimated life and when there are impairment indicators, they are tested for impairment. The amortization methods and the useful life of the assets are reviewed and adjusted, if necessary, at the date of each consolidated statement of financial position. Amortization is charged to income in the general expenses category. Those with an indefinite life are not amortized, but are subject to impairment tests at least annually. g) Biological assets Biological assets whose fair value can be measured reliably are measured at fair value less costs of sale, with any change therein recognized in profit and loss. Costs of sale include all costs that would be necessary to sell the assets, excluding finance costs and income taxes. The Company’s biological assets consist of growing poultry, poultry in its different production stages, hatching eggs, breeder pigs, and growing pigs. When fair value cannot be reliably, verifiably and objectively determined, assets are valued at production cost less accumulated depreciation, and any cumulative impairment loss. Depreciation related to biological assets forms part of the cost of inventories and current biological assets and is ultimately recognized within cost of sales in the statement of profit and loss and other comprehensive income. Depreciation of poultry and breeder pigs is estimated based on the expected future life of such assets and is calculated on a straight-line basis. ​ ​ ​ ​ Expected average ​ ​ useful life ​ ​ (weeks) Poultry in its different production stages 40-47 Breeder pigs 156 ​ Biological assets are classified as current and non-current assets, based on the nature of such assets and their purpose, whether for commercialization or for reproduction and production. h) Leased assets The Company evaluates whether a contract is or contains a lease at the beginning of the contract term. A lease is defined as a contract that grants the right to control the use of an identified asset, for a specified period, in exchange for consideration. The Company recognizes a right-of-use asset and a corresponding lease liability, with respect to all the lease agreements in which it operates as lessee, except in the following cases: short-term leases (defined as leases with a term of lease less than 12 months); low-value asset leases (defined as asset leases with an individual market value of less than 5 thousand dollars); and, the lease contracts whose payments are variable (without any fixed contractually defined payment). For these contracts that exclude the recognition of a right-of-use asset and a lease liability, the Company recognizes rental payments as a straight-line operating expense during the lease term. The right-of-use asset is made up of discounted lease payments at present value; direct costs of obtaining a lease; advance lease payments; and the dismantling or asset removal obligations. The Company depreciates the right-of-use asset over the shorter period of the lease term and the useful life of the underlying asset; In this sense, when a purchase option in the lease is likely to be exercised, the right-of-use asset depreciates over its useful life. Depreciation begins on the start date of the lease. The lease liability is measured at initial recognition by discounting future minimum income payments at present value according to a term, using a discount rate that represents the cost of obtaining financing in an amount equivalent to the value of the contract's income, for the acquisition of the underlying asset, in the same currency and for a period similar to the corresponding contract (incremental borrowing rate). When the contract payments contain non-lease components (services), the Company has chosen not to separate them and to measure all payments as a single lease component; however, for the rest of the asset classes, the Company measures the lease liability only considering the payments of components that are rents, while the services implicit in the payments are recognized directly in results as operating expenses. To determine the term of the lease, the Company considers the mandatory term, including the probability of exercising any right to extend the term and / or an early termination. Subsequently, the lease liability is measured by increasing the book value to reflect the interest on the lease liability (using the effective interest method) and reducing the book value to reflect the rental payments made. When there are modifications to the lease payments for inflation, the Company remits the lease liability from the date the new payments are known, without reconsidering the discount rate. However, if the modifications are related to the term of the contract or change in circumstances that results in a change in the assessment of the exercise of a purchase option, the Company re-evaluates the discount rate in the measurement of the liability. Any increase or decrease in the value of the lease liability subsequent to this re-measurement is recognized by increasing or decreasing to the same extent, as the case may be, the value of the right-of-use asset. Finally, the lease liability is derecognized at the time the Company pays all of the contract's payments. When the Company determines that it is probable that it will exercise an early termination from the contract that merits a cash outlay, said consideration is part of the re-measurement of the liability mentioned in the preceding paragraph; however, in those cases in which the early termination does not imply a cash outlay, the Company pays the lease liability and the corresponding right of use asset, recognizing the difference between the two immediately in the consolidated statement of income. i) Inventories Inventories are measured at the lower of cost and net realizable value. The cost of inventories is based on average cost, and includes expenditures incurred for acquiring inventories, production or transformation costs, and other costs incurred for bringing them to their present location and condition. Agricultural products derived from biological asses are processed chickens and commercial eggs. Net realizable value is the estimated selling price in the ordinary course of business, less the costs necessary to make the sale. Cost of sales represents cost of inventories at the time of sale, increased, if applicable, by reductions in inventory to its net realizable value, if lower than cost, during the year. The Company records the necessary reductions in the value of its inventories for impairment, obsolescence, slow movement and other factors that may indicate that the use or performance of the items that are part of the inventory may be lower than the carrying value. j) Impairment Non-financial assets The carrying amounts of the Company’s non-financial assets, other than inventories, biological assets and deferred tax assets, are reviewed at each reporting date to determine whether there is any indication of impairment. If any such indication exists, then the recoverable amount of the asset is estimated or cash generating units, as the lowest between its value in use and the fair value less cost of sale. Goodwill and indefinite-lived intangible assets are tested annually for impairment on the same dates. The Company defines the cash generating units and also estimates the periodicity and cash flows that they should generate. Subsequent changes in the group of cash-generating units, or changes in the assumptions that support the cash flow estimates or the discount rate could impact the carrying amounts of the respective asset. The main assumptions for developing estimates of recoverable amounts are the estimates the future cash flows expected to arise from the cash-generating unit and a suitable discount rate in order to calculate its present value. The Company estimates cash flow projections considering current market conditions, determination of future prices of goods and volumes of production and sales. In addition, for the purposes of the discount and perpetuity growth rates, the Company uses indicators of market and expectations of long-term growth in the markets in which it operates. The Company estimates a discount rate before taxes for the purposes of the goodwill impairment test that reflects the risk of the corresponding cash-generating units and that enables the calculation of present value of expected future cash flows, as well as to reflect risks that were not included in the cash flow projection assumptions and premises. The discount rate that the Company estimates is based on the weighted average cost of capital. In addition, the discount rate estimated by the Company reflects the return that market participants would require if they had made a decision about an equivalent asset, as well as the expected generation of cash flow, time, and risk-and-return profiles. The Company annually reviews the circumstances which led to an impairment loss arising from cash-generating units to determine whether such circumstances have been changed and that may result in the reversal of previously recognized impairment losses. An impairment loss in respect of goodwill is not reversed. For other long-lived assets, an impairment loss is reversed only to the extent that the asset’s carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if the impairment loss had not been recognized. Impairment losses are recognized in profit and loss. Impairment losses recognized in respect of cash-generating units are allocated first to reduce the carrying amount of any goodwill allocated to the cash-generating unit (or group of CGUs), and subsequently to reduce the carrying amount of the other long-lived assets within the cash-generating unit (or group of CGUs) on a pro rata basis. k) Held-for-sale assets Held for sale assets mainly consist of foreclosed assets. Foreclosed assets are initially recorded at the lower of fair value less costs to sell or the net carrying amount of the related account receivable. Immediately before being classified as held-for-sale, assets are valued according to the Company’s accounting policies in accordance with the applicable IFRS. Subsequently, held-for-sale assets are recorded at the lower of the carrying amount and fair value less costs to sell. Impairment losses on initial classification of held-for-sale assets and subsequent remeasurement gains and losses are recognized in profit and loss. Recognized gains shall not exceed cumulative impairment losses previously recognized. l) Other assets Other long-term assets primarily include advances for the purchase of property, plant and equipment, investments in insurance policies and security deposits. The Company owns life insurance policies of some of the former stockholders of Bachoco

Business and asset acquisitions

Business and asset acquisitions	12 Months Ended
	Dec. 31, 2021
Business and asset acquisitions
Business and asset acquisitions	(4) Business and asset acquisitions Acquisition of Sonora Agropecuaria, S.A. de C.V. On June 26, 2020, the Company acquired 54.80% of voting stock of Sonora Agropecuaria, S.A. de C.V. The operating results are included in the consolidated financial statements as of that date. Sonora Agropecuaria, S.A. de C.V. is dedicated to the processing and distribution of pigs, and has operations in the states of Sonora, Jalisco, Guanajuato, Mexico City and Yucatan, Mexico. The purchase price paid as a capital contribution amounted to $215,000. The purchase of Sonora Agropecuaria, S.A. de C.V. benefits the “Other” segment as it will allow it to accelerate the pace of growth and continue advancing in the process of diversifying other animal proteins. The assets acquired and the assumed liabilities of Sonora Agropecuaria, S.A. de C.V. were recognized based on the best estimate of their fair value at the acquisition date. The fair value of the assets was determined using cost and market approaches. The cost approach, which estimates the value based on the current replacement cost of an asset by another asset of equal usefulness, was used mainly for plant and equipment. The market approach, in which the value of an asset is based on available market prices for comparable assets, was used mainly for real estate. Due to their liquidity or short-term maturities, as appropriate, the Company concluded that Sonora Agropecuaria, S.A. de C.V.’s pre-acquisition carrying amounts for cash equivalents, accounts receivable, inventories, other current assets, accounts payable and other current liabilities approximate their fair value at the acquisition date. Identifiable assets acquired and liabilities assumed The following is a summary of the recognized amounts of acquired assets and assumed liabilities at the date, compared to the consideration paid: ​ ​ ​ ​ ​ ​ Acquisition value ​ ​ ​ ​ Current assets, other than inventories $ 349,834 Inventories ​ 123,959 Property, plant and equipment ​ 383,680 Total assets ​ 857,473 Current liabilities ​ (263,365) Deferred income tax ​ (35,916) Acquired net identifiable assets ​ 558,192 Controlling interest ​ ​ 305,889 Non-controlling interest ​ ​ 252,303 Consideration paid ​ 215,000 Bargain purchase gain (note 30) $ 90,889 ​ At the acquisition date, the non-controlling interest is measured on the basis of the proportional participation of the acquiree's identifiable net assets. The bargain purchase gain arises because the net of fair value of the assets at the acquisition date exceeds the amount of the consideration transferred. The business strategies followed by the acquiree in the past resulted in a high cost structure and limited opportunity for improving profitability, resulting in a fair value of the business below that of its component parts. For this reason, a gain was recognized in other expense, net (see note 30) in the consolidated statement of profit or loss and other comprehensive income. Had the acquisition occurred on January 1, 2020, consolidated revenues and consolidated profits for the year ended December 31, 2020 would have totaled $70,337,002 and $3,991,092, respectively. In determining these amounts, Management assumed that the provisional adjustments to fair value recognized at the date of acquisition would have been similar if the acquisition had occurred on January 1, 2020. Costs related to acquisition. During 2020, the Company incurred costs related to the acquisition of Sonora Agropecuaria, S.A. de C.V. of $1,704 corresponding to external legal fees and due diligence costs, which are included in other expenses in the Company’s consolidated statement of profit and loss and other comprehensive income.

Subsidiaries of the Company

Subsidiaries of the Company	12 Months Ended
	Dec. 31, 2021
Subsidiaries of the Company
Subsidiaries of the Company	(5) Subsidiaries of the Company A list of subsidiaries and the Company’s shareholding percentage in such subsidiaries as of December 31, 2021, 2020 and 2019 are presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Name ​ Shareholding percentage in subsidiaries ​ ​ ​ ​ December 31, ​ ​ Country ​ 2021 ​ 2020 ​ 2019 Bachoco, S.A. de C.V. Mexico 99.99 99.99 99.99 Bachoco USA, LLC. & Subsidiary U.S. 100.00 100.00 100.00 Campi Alimentos, S.A. de C.V. Mexico 99.99 99.99 99.99 Induba Pavos, S.A. de C.V. Mexico 99.99 99.99 99.99 Bachoco Comercial, S.A. de C.V. Mexico 99.99 99.99 99.99 PEC LAB, S.A. de C.V. Mexico 64.00 64.00 64.00 Aviser, S.A. de C.V. Mexico — 99.99 99.99 Operadora de Servicios de Personal, S.A. de C.V. Mexico — 99.99 99.99 Secba, S.A. de C.V. Mexico — 99.99 99.99 Servicios de Personal Administrativo, S.A. de C.V. Mexico — 99.99 99.99 Sepetec, S.A. de C.V. Mexico — 99.99 99.99 Wii kit RE LTD. Bermuda 100.00 100.00 100.00 Proveedora La Perla S.A. de C.V. Mexico 100.00 100.00 100.00 Sonora Agropecuaria, S.A. de C.V. ​ Mexico ​ 54.84 ​ 54.80 ​ — ​ The main subsidiaries of the group and their activities are as follows: ● Bachoco, S.A. de C.V. (“BSACV”) (includes four subsidiaries which are 51% owned, and over which BSACV has control). BSACV is engaged in breeding, processing and marketing poultry goods (chicken and eggs). ● Bachoco USA, LLC. holds the shares of OK Foods, Inc. and, therefore, all operations controlled by the Company in the United States of America. The primary activities of Bachoco USA, LLC and its subsidiary are comprised of the production of chicken products and hatching eggs, mostly marketed in the United States of America and, to a lesser extent, in other foreign markets. ● Campi Alimentos, S.A. de C.V., is engaged in producing and marketing balanced animal feed and pet treats, mainly for sales to third parties. ● The main activity of Bachoco Comercial, S.A. de C.V. is the distribution of turkey, beef and pig value-added products. ● The main activity of Induba Pavos, S.A. de C.V. and Proveedora La Perla, S.A. of C.V. is the leasing of property, plant and equipment to its related parties. ● PEC LAB, S.A. de C.V. is the holding of the shares of Pecuarius Laboratorios, S.A. de C.V. Its main activity consists of the production and distribution of medicines and vaccines for animal consumption. ● Aviser, S.A. de C.V., Operadora de Servicios de Personal, S.A. de C.V., Secba, S.A. de C.V., Servicios de Personal Administrativo, S.A. de C.V. and Sepetec, S.A de C.V. until July 2021, were engaged in providing administrative and operating services rendered to their related parties. Derived from the requirements of the Labor Reform in Mexico (see note 2f), in July 2021 these companies merged with Bachoco, S.A. de C.V., subsisting this as a merging company, which acquires all the debts and responsibilities of the merged companies, subrogating the merged company in all its commercial, civil, labor, fiscal rights and obligations and of any other nature without exception. ● Wii kit RE LTD. in Bermuda, it is a Class I reinsurance company that provides insurance coverage to its affiliates. ● Sonora Agropecuaria, S.A. DE C.V., in Mexico, it is dedicated to the pig processing and distribution. During 2021 the company merged Interswine S. de R.L. de C.V., Agropecuaria Sasapork S.P.R de R.L. de C.V., Cerdo Industrializado S.A. de C.V., Productora Industrializada S.A. of C.V. and Whitecaps S.A. de C.V., subsisting Sonora Agropecuaria, S.A. of C.V. as a merging. The transaction was recorded in accordance with that is described in the accounting policies, causing no impact on the Company's consolidated financial statements. None of the Company’s contracts or loan agreements restrict the net assets of its subsidiaries.

Operating segments

Operating segments	12 Months Ended
	Dec. 31, 2021
Operating segments
Operating segments	(6) Operating segments Reportable segments have been determined based on a product line approach. Intersegment transactions have been eliminated. The poultry segment consists of chicken and egg operations. The information included in the “Others” segment corresponds to operations of swine, balanced feed for animal consumption and other by-products that do not meet the quantitative thresholds to be considered as reportable segments. Inter-segment pricing is determined on an arm’s length basis comparable to those which would be used with or between independent parties in comparable transactions. The accounting policies of operating segments are as those described in note 3 t). Below is the information related to each reportable segment. Performance is measured based on each segment’s income before taxes, in the same manner as it is included in Management reports that are regularly reviewed by the Company’s Board of Directors, which has been identified as being responsible for making operational decisions, allocating resources and evaluating the performance of the operating segments. a) Operating segment information ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2021 ​ Poultry Other Total Net revenues ​ $ 71,647,726 10,051,342 81,699,068 Cost of sales ​ 59,195,273 9,161,381 68,356,654 Gross profit ​ 12,452,453 889,961 13,342,414 Finance income ​ 879,142 238,264 1,117,406 Finance costs ​ 214,780 52,743 267,523 Income before taxes ​ 6,052,051 689,687 6,741,738 Income taxes ​ 1,655,934 151,704 1,807,638 Net income attributable to controlling interest ​ 4,394,865 670,689 5,065,554 Property, plant and equipment, net ​ 19,943,697 1,819,705 21,763,402 Goodwill ​ 1,600,592 88,015 1,688,607 Intangible assets ​ 704,374 - 704,374 Non-current biological assets ​ ​ 2,308,577 ​ 49,560 ​ 2,358,137 Total assets ​ 58,387,628 7,497,233 65,884,861 Total liabilities ​ 16,592,293 1,008,508 17,600,801 Purchases of property, plant and equipment ​ 3,298,794 180,699 3,479,493 Depreciation and amortization ​ ​ 1,306,665 ​ 157,133 ​ 1,463,798 Depreciation of right-of-use assets ​ ​ 331,127 ​ 12,240 ​ 343,367 Intangible impairment loss ​ 5,459 - 5,459 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Poultry Other Total ​ ​ revenues ​ revenues revenues Total revenues ​ $ 71,660,739 10,090,925 ​ 81,751,664 Intersegments ​ (13,013) (39,583) ​ (52,596) Net revenues ​ $ 71,647,726 10,051,342 ​ 81,699,068 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2020 ​ Poultry Other Total Net revenues ​ $ 61,323,853 7,468,149 68,792,002 Cost of sales ​ 51,165,650 6,541,916 57,707,566 Gross profit ​ 10,158,203 926,233 11,084,436 Finance income ​ 998,654 174,866 1,173,520 Finance costs ​ 260,570 30,759 291,329 Income before taxes ​ 4,626,582 557,121 5,183,703 Income taxes ​ 1,060,876 150,735 1,211,611 Net income attributable to controlling interest ​ 3,532,589 403,083 3,935,672 Property, plant and equipment, net ​ 17,146,405 2,587,417 19,733,822 Goodwill ​ 1,562,404 88,312 1,650,716 Intangible assets ​ 753,224 — 753,224 Total assets ​ 51,081,829 7,393,171 58,475,000 Total liabilities ​ 13,144,941 1,403,251 14,548,192 Purchases of property, plant and equipment ​ 1,978,818 773,463 2,752,281 Depreciation and amortization ​ 1,542,031 193,115 1,735,146 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Poultry Other Total ​ ​ revenues ​ revenues ​ revenues Total revenues ​ $ 61,332,013 7,506,962 ​ 68,838,975 Intersegments ​ (8,160) (38,813) ​ (46,973) Net revenues ​ $ 61,323,853 7,468,149 ​ 68,792,002 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2019 ​ Poultry Other Total Net revenues ​ $ 55,653,027 6,002,218 61,655,245 Cost of sales ​ 46,456,076 5,101,275 51,557,351 Gross profit ​ 9,196,951 900,943 10,097,894 Finance income ​ 860,140 131,492 991,632 Finance costs ​ 529,226 81,142 610,368 Income before taxes ​ 3,854,474 503,330 4,357,804 Income taxes ​ 993,652 131,326 1,124,978 Net income attributable to controlling interest ​ 2,849,145 370,786 3,219,931 Property, plant and equipment, net ​ 16,440,851 2,115,795 18,556,646 Goodwill ​ 1,490,978 88,016 1,578,994 Intangible assets ​ 772,640 — 772,640 Total assets ​ 49,533,440 6,169,051 55,702,491 Total liabilities ​ 14,066,224 1,375,932 15,442,156 Purchases of property, plant and equipment ​ 1,811,086 258,241 2,069,327 Depreciation and amortization ​ 1,171,200 115,243 1,286,443 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Poultry Other ​ Total ​ ​ revenues ​ revenues ​ revenues Total revenues ​ $ 55,656,645 6,037,772 ​ 61,694,417 Intersegments ​ (3,618) (35,554) ​ (39,172) Net revenues ​ $ 55,653,027 6,002,218 ​ 61,655,245 ​ b) Geographical information When submitting information by geographic area, revenue is classified based on the geographic location where the Company’s poultry segment customers are located. Segment assets are classified in accordance with their geographic location. Geographical information for the “Others” segment is not included below because the operations are carried out entirely within Mexico. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2021 ​ ​ ​ ​ Operations ​ ​ ​ ​ ​ ​ ​ between ​ ​ ​ ​ Domestic ​ Foreign ​ geographical ​ ​ ​ ​ poultry ​ poultry ​ segments ​ Total Net revenues ​ $ 51,287,149 20,490,145 (129,567) 71,647,726 Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets, and investments in insurance policies: ​ ​ ​ ​ ​ Non-current biological assets ​ 1,420,262 888,315 — 2,308,577 Property, plant and equipment, net ​ 17,602,324 2,341,373 — 19,943,697 Goodwill ​ 212,833 1,387,759 — 1,600,592 Intangible assets ​ — 704,374 — 704,374 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2020 ​ ​ ​ ​ Operations ​ ​ ​ ​ ​ ​ ​ between ​ ​ ​ ​ Domestic ​ Foreign ​ geographical ​ ​ ​ ​ poultry ​ poultry ​ segments ​ Total Net revenues ​ $ 41,835,033 19,573,023 (84,203) 61,323,853 Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets, and investments in insurance policies: ​ ​ ​ ​ ​ Non-current biological assets ​ 1,185,308 806,222 — 1,991,530 Property, plant and equipment, net ​ 14,659,461 2,486,944 — 17,146,405 Goodwill ​ 212,536 1,349,868 — 1,562,404 Intangible assets ​ — 753,224 — 753,224 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2019 ​ ​ ​ ​ Operations ​ ​ ​ ​ ​ ​ ​ between ​ ​ ​ ​ Domestic ​ Foreign ​ geographical ​ ​ ​ ​ poultry ​ poultry ​ segments ​ Total Net revenues ​ $ 38,778,025 16,931,735 (56,733) 55,653,027 Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets, and investments in insurance policies: ​ ​ ​ ​ ​ Non-current biological assets ​ 1,058,126 760,785 — 1,818,911 Property, plant and equipment, net ​ 13,799,774 2,641,077 — 16,440,851 Goodwill ​ 212,833 1,278,145 — 1,490,978 Intangible assets ​ — 772,640 — 772,640 ​ c) Major Customers In Mexico, the Company’s products are traded among a large number of customers, without significant concentration with any specific customer. Therefore, in 2021, 2020 and 2019, no customer represented over 10% of the Company’s total revenues. As of December 31, 2021, 2020 and 2019, the Company did not have operations with an individual customer that represented a significant concentration in the United States of America, more than 10% of the total income of the Company.

Cash and cash equivalents

Cash and cash equivalents	12 Months Ended
	Dec. 31, 2021
Cash and cash equivalents.
Cash and cash equivalents	(7) Cash and cash equivalents The consolidated balances of cash and cash equivalents as of December 31, 2021, 2020 and 2019 are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Cash and banks ​ $ 14,586,467 ​ 12,941,334 13,106,862 Investments with maturities less than three months ​ 4,519,265 ​ 4,305,998 5,513,276 ​ ​ 19,105,732 ​ 17,247,332 18,620,138 ​ ​ ​ ​ ​ ​ ​ ​ Restricted cash ​ 30,711 ​ 39,042 42,627 Total cash and cash equivalents ​ $ 19,136,443 ​ 17,286,374 18,662,765 ​ Restricted cash corresponds to the minimum margin required by the intermediary for the Company’s derivative financial instruments on commodities in order to meet future commitments that may stem from adverse market movements affecting prices on the open positions as of December 31, 2021, 2020 and 2019.

Financial instruments and risk

Financial instruments and risk management	12 Months Ended
	Dec. 31, 2021
Financial instruments and risk management
Financial instruments and risk management	(8) Financial instruments and risk management The Company is exposed to market risks, liquidity risks and credit risks for the use of financial instruments, for which reason it exercises its risk management. This note presents information on the Company’s exposure to each one of the aforementioned risks, as well as the Company’s objectives, policies and processes for the measurement and management of financial risks. Risk management framework The philosophy adopted by the Company seeks to minimize risks and, therefore maximize business stability, focusing decisions on creating an optimum combination of products and assets that produce a risk – return ratio more in agreement with the risk profile of its stockholders. In order to establish a clear and optimal organizational structure with respect to risk management, a Risk Committee has been established which is the specialized body in charge of defining, proposing, approving and implementing the objectives, policies, procedures, methodologies and strategies, as well as the determination of the maximum limits of exposure to risk and contingency plans. At December 31, 2021, 2020 and 2019, the Company has not identified the existence of embedded derivatives. Some of the Company’s derivative financial instruments as of December 31, 2021, 2020 and 2019 meet the requirements to be treated as hedging instruments for accounting purposes (11,238,319, 506 and 24,352 thousand U.S. dollars of notional amounts). As of December 31, 2021 and 2019, the Company has no derivative trading instruments. Some of the Company’s derivative financial instruments as of December 31, 2020 are recognized in earnings through profit or loss for accounting purposes (60,000 thousand U.S. dollars of notional amounts). Management by type or risk a) Categories of financial assets and liabilities The Company’s financial assets and liabilities are shown below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 ​ 2019 Financial assets ​ ​ Cash and cash equivalents ​ $ 19,136,443 ​ 17,286,374 18,662,765 Investment in securities at fair value through profit or loss ​ 10,841 ​ 1,018,322 186,284 Investment in securities at fair value through other comprehensive income ​ 1,559,823 ​ 937,715 315,761 Investments in life insurance ​ ​ 74,148 ​ 71,431 ​ 65,545 Trade receivables ​ 3,102,203 ​ 2,704,058 2,523,092 Due from related parties ​ 291 ​ 686 13,674 Other long-term receivables ​ 211,278 ​ 193,689 173,488 Derivative financial instruments ​ 69,862 ​ — 18,098 ​ ​ ​ ​ Financial liabilities ​ ​ ​ Current and non-current financial debt ​ $ (1,993,911) ​ (2,517,965) (4,928,607) Trade payables, sundry creditors and expenses payable ​ (8,977,051) ​ (5,049,103) (4,491,171) Current and non-current lease liabilities ​ ​ (651,480) ​ (719,711) ​ (803,050) Due to related parties ​ (185,429) ​ (80,842) (76,704) Derivative financial instruments ​ — ​ (194,181) — ​ b) Credit risk Credit risk is defined as the potential loss of a portfolio of an amount owed to the Company due to lack of payment from a debtor, or for breach by a counterparty with which derivative financial instruments and investment in securities at fair value through profit or loss and other comprehensive income transactions are conducted. The risk management process contemplates the use of derivative financial instruments, which are exposed to a market risk, as well as counterparty risk. Measurement and monitoring of counterparty risk In terms of valuation and monitoring of Over the counter Credit Valuation Adjustment Debit Valuation Adjustment For investments in securities denominated in Mexican pesos, the financial instruments valuation models used by price vendors incorporate market movements and credit quality of issuers, thereby implicitly including the counterparty risk of the transaction in the fair value measurement; therefore, the position in investment in securities includes the counterparty risk and no additional adjustment is carried out. The price of the instruments obtained from the price vendor is the mid-point between the bid price and the ask price (the “mid-price”). Investments in securities denominated in a foreign currency, not listed in Mexico, are recorded at prices contained in the broker’s statements of account. The Company validates these market prices using Bloomberg, which incorporate market movements and the credit quality of issuers; thereby implicitly including the counterparty risk of the transaction and no related adjustment is carried out. The prices obtained from Bloomberg are mid prices. Trade accounts receivable and other accounts receivable measurement and monitoring It is the policy of the Company to establish an allowance for doubtful accounts to cover the balances of accounts receivable that are not likely to be recovered. To set the required allowance, the Company considers historical losses, assesses current market conditions, as well as customers’ financial conditions, accounts receivable in litigation, price differences, portfolio aging and current payment patterns. The impairment assessment of accounts receivable is performed on a collective basis, as there are no accounts with individually significant balances. The Company’s products are marketed to a large number of customers without any significant concentration with a specific customer. As part of the objective evidence that an account receivable portfolio is impaired, the Company considers past experiences with respect to collection, increases in the number of overdue payments in the portfolio exceeding the average loan period, as well as observable changes in national and local economic conditions that correlate to defaults. The Company has a credit policy under which each new customer is analyzed individually in terms of its creditworthiness before offering it payment terms and conditions. The Company’s review includes internal and external assessments, and in some cases, bank references and a search in the Public Registry of Properties. For each customer, purchase limits are established, which represent the maximum credit amount. Customers that do not meet the Company’s credit references can solely conduct transactions in cash or through advance payments. The allowance for doubtful accounts includes trade accounts receivable that are in process of legal recovery, which amount to $157,012, $143,278 and $140,304 as of December 31, 2021, 2020 and 2019, respectively. The reconciliation of movements of the allowance for doubtful accounts, and the analysis of past-due accounts receivable but not impaired, are presented in note 9. The Company receives credit enhancements on credit lines granted to its clients, which consist of real and personal property, such as land, buildings, houses, vehicles, letters of credit, cash deposits and others. As of December 31, 2021, 2020 and 2019, the fair value of such credit enhancements, determined by an appraisal at the time the credit lines were granted, is $667,322, $180,513 and $663,500, respectively. The fair value of trade accounts receivable is similar to the carrying amount, as the terms granted under credit lines are of a short term nature and do not include significant finance components. Investments The Company limits its exposure to credit risk investing solely with counterparties that have been rated on a well-recognized credit rating scale or are deemed to be investment grade. Management constantly monitors credit ratings, and as it invests solely in securities with high credit ratings, it is not expected that any counterparty will fail to fulfill its obligations. Financial guarantees granted It is the Company’s policy to grant financial guarantees solely to 100% owned subsidiary companies. Exposure to credit risk The carrying amount of financial assets represents the maximum credit exposure, which as of the reporting date is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Cash and cash equivalents ​ $ 19,136,443 ​ 17,286,374 18,662,765 Investments in securities at fair value through profit or loss ​ 10,841 ​ 1,018,322 186,284 Investment in securities at fair value through other comprehensive income ​ ​ 1,559,823 ​ 937,715 ​ 315,761 Investments in life insurance ​ 74,148 ​ 71,431 65,545 Accounts receivable net of guarantees received ​ 2,646,450 ​ 2,717,920 2,046,754 Derivative financial instruments ​ 69,862 ​ — 18,098 ​ ​ $ 23,497,567 ​ 22,031,762 21,295,207 ​ c) Liquidity risk Liquidity risk is defined as the potential loss stemming from the impossibility to renew liabilities or enter into other liabilities under normal terms, the early or forced sale of assets or the need to grant unusual discounts in order to meet obligations, or by the fact that a position cannot be disposed of, acquired or covered promptly through the establishment of an equivalent contrary position. Liquidity risk management process considers the management of the assets and liabilities included in the consolidated statements of financial position ( Assets Liabilities Management Monitoring The risk management and financial planning areas of the Company, measure, monitor and report to the Risk Committee liquidity risks associated with the ALM and prepare limits for the authorization, implementation and operation thereof, as well as contingent action measures in case of liquidity requirements. Liquidity risk caused by differences between current and projected cash flows at different dates are measured and monitored, considering all asset and liability positions of the Company denominated in local and foreign currency. Similarly, funding diversification and sources to which the Company has access are evaluated. The Company quantifies the potential loss arising from early or forced sale of assets or sale at unusual discounts to meet its obligations in a timely manner, as well as by the fact that a position cannot be disposed of, acquired or covered timely through the establishment of a contrary equivalent position. Liquidity risk monitoring considers a liquidity gap analysis, scenarios for lack of liquidity and use of alternative sources of financing. Below are the contractual maturities of the financial liabilities, including estimated interest payments. As of the date of the consolidated financial statements, there are no financial instruments which have been offset or recognized positions that are subject to offsetting rights. Maturity table ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ Less than 1 year 1 to 3 years 3 to 5 years Trade payables, sundry creditors and expenses payable ​ $ 8,977,051 — — Due to related parties ​ 185,429 — — Lease liabilities ​ ​ 279,809 ​ 324,630 ​ 47,041 Financial debt, maturities at variable rates ​ ​ In pesos ​ 1,993,911 — — Interest ​ 85,854 — — Total financial liabilities ​ $ 11,522,054 324,630 47,041 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2020 ​ Less than 1 year 1 to 3 years 3 to 5 years Trade payables, sundry creditors and expenses payable ​ $ 5,049,103 — — Due to related parties ​ 80,842 — — Derivative financial instruments ​ ​ 194,181 ​ — ​ — Lease liabilities ​ ​ 278,981 ​ 379,926 ​ 60,804 Financial debt, maturities at variable rates ​ ​ ​ ​ ​ ​ ​ In U.S. dollars ​ 778,050 — — In pesos ​ 279,510 1,460,405 — Interest ​ 85,340 44,613 — Total financial liabilities ​ $ 6,746,007 1,884,944 60,804 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2019 ​ Less than 1 year 1 to 3 years 3 to 5 years Trade payables, sundry creditors and expenses payable ​ $ 4,491,171 — — Due to related parties ​ 76,704 — — Lease liabilities ​ 149,538 ​ 598,040 ​ 55,472 Financial debt, maturities at variable rates ​ In U.S. dollars ​ 2,831,191 — — In pesos ​ 609,208 1,488,208 — Interest ​ 134,535 207,643 — Total financial liabilities ​ $ 8,292,347 2,293,891 55,472 ​ At least on a monthly basis, Management evaluates and advises the Board of Directors on its liquidity. As of December 31, 2021, the Company has evaluated that it has sufficient resources to meet its obligations in the short and long term; therefore, it does not consider having liquidity gaps in the future and it will not be necessary to sell assets to pay its debts at unusual discounts or at out-of-market prices. d) Market risk Market risk is defined as the potential loss arising from the portfolio of derivative financial instruments and investment in securities for changes in risk factors that affect the valuation of short or long positions. In this sense, the uncertainty of future losses resulting from changes in market conditions (interest rates, foreign currency, prices of commodities, among others), which directly affects movements in the price of both assets and liabilities, is detected. The Company measures, monitors and reports all financial instruments subject to market risk, using sensitivity measurement models to show the potential loss associated with movements in risk variables, according to different scenarios on rates, prices and types of change during the period. Monitoring Sensitivity analyses are prepared at least monthly and are compared with the limits established. Any excess identified is reported to the Risk Committee. Stress tests At least monthly, the Company conducts stress tests calculating the value of the portfolios and considering changes in risk factors observed in historical dates of financial stress. i. Commodities price risk With respect to risks related to commodities designated in a formal hedging relationship, the Company seeks protection against downward variations in the agreed-upon price of corn and/or sorghum with the producer, which may represent an opportunity cost as there are lower prices in the current market upon receiving the inventory, and to hedge the risk of a decline in prices between the receipt date and that of inventory consumption. Purchases of corn and/or sorghum are formalized through an agreement denominated "Forward buy-sell agreement", which has the following characteristics: ● Transaction date ● Number of agreed-upon tons ● Harvest, state and agricultural cycle from which the harvest originates ● Price of product per ton, plus quality award or penalty Agricultural agreements that result in firm commitments are linked to two corn and/or sorghum agricultural cycles, and in contracting purchases, both contracting cycles and dates are itemized as follows: ● Fall-winter Cycle - The registration window period is at the discretion of the Mexican Food Safety (SEGALMEX, for its Spanish acronym) formerly Agency of Services for Distribution and Development of Agricultural Markets (ASERCA, for its Spanish acronym), which is usually between December and March, while the fall-winter cycle harvest period takes place during May, June and July. However, corn and/or sorghum harvest could lengthen up to one month or several months, depending on the weather conditions, such as drought and frost. ● Spring-summer Cycle - The registration window period is at the discretion of SEGALMEX; the spring-summer cycle usually takes place during the July and August and the harvest depends on each state of the country and is highly variable. During 2021 and 2020 the Company did not participate in any program. As of December 31, 2019 the Company participated in the ASERCA program as buyer of the corn and / or sorghum crops, for which the Company had to prove that a risk management instrument was maintained against market price fluctuations, based on the foregoing, the Company entered into “put” options with maturities in March 2020, July, September and December 2021, 2020 and 2019, with companies listed on the Chicago Mercantile Exchange. As of December 2019, the gain on valuation was $574 (30 thousand dollars). As of December 31, 2021 and 2020, the Company did not receive any subsidy. During 2019 there is a subsidy of $50,730 by ASERCA for the purchase of hedging "puts" to the consumer. The Company participated in the "Agriculture by Contract" program with ASERCA, where contracts for the purchase of "put" options are registered with companies listed on the Chicago Mercantile Exchange and the benefit of this program is the recovery of the breach of Call hedge purchased, in turn, by the producer with ASERCA. The benefit under this scheme benefit as of December 31, 2019 was $1,802. During 2021 and 2020, no benefits have been realized under this scheme. With respect to the risk in commodities ii. Chicken price risk The Company is exposed to financial risks mainly related to changes in the price of chicken. The Company presently does not anticipate that the price of chicken will decrease to a level that represents a risk to the Company in the future; therefore, as of December 31, 2021, 2020 and 2019, it has not entered into any derivative financial instrument or other agreement for managing the risk related to a decrease in the chicken price. The Company reviews chicken prices frequently in order to evaluate the need of having a financial instrument to manage the risk of price increases. iii. Exchange risk The Company is exposed to the effects of exchange rate volatility, mainly in relation to Mexican pesos/dollars exchange rates on the Company’s assets and liabilities, including: investments in securities and derivative financial instruments hedging commodities, which are denominated in a currency other than the Company’s functional currency. In this regard, the Company has implemented a sensitivity analysis to measure the effects that currency risk may have over the assets and liabilities described. The Company protects itself from exchange rate risk through economic hedging with derivative financial instruments, which cover a percentage of its estimated exposure to exchange rate volatility in relation to projected sale and purchase transactions. All instruments entered into as economic hedges of foreign exchange risk have maturities of less than one year from the contract date. As of December 31, 2021, 2020 and 2019, the Company entered into derivative financial instrument positions as economic hedges to mitigate exchange rate risks. iv. Foreign currency position The Company has financial instrument assets and liabilities denominated in foreign currency on which there is an exposure to currency risk. Below is the foreign currency position that the Company has as of December 31, 2021, 2020 and 2019. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2021 ​ 2020 ​ 2019 ​ ​ ​ ​ ​ Mexican ​ ​ ​ Mexican ​ ​ ​ Mexican ​ Dollars Pesos Dollars Pesos Dollars Pesos Assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 447,316 ​ 9,174,451 ​ 479,325 9,562,534 569,569 10,759,165 Investment in securities at fair value through profit or loss ​ 19,318 ​ 396,212 ​ 40,424 806,459 4,576 86,447 Investment in securities at fair value through other comprehensive income ​ ​ 76,168 ​ 1,562,206 ​ 47,003 ​ 937,715 ​ 16,716 ​ 315,761 Accounts receivable ​ 3,572 ​ 73,268 ​ 2,683 53,517 2,160 40,809 Total assets ​ 546,374 ​ 11,206,137 ​ 569,435 11,360,225 593,021 11,202,182 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Trade accounts payable ​ (277,467) ​ (5,690,856) ​ (107,224) (2,139,115) (120,699) (2,280,003) Financial debt ​ — ​ — ​ (39,000) (778,050) (149,878) (2,831,191) Lease liabilities ​ ​ (7,854) ​ (161,088) ​ (6,558) ​ (130,828) ​ (7,635) ​ (144,224) Total Liabilities ​ ​ (285,321) ​ (5,851,944) ​ (152,782) (3,047,993) (278,212) (5,255,418) Net asset position ​ $ 261,053 ​ 5,354,193 ​ 416,653 8,312,232 314,809 5,946,764 ​ The Company performs a sensitivity analysis related to the potential effects of changes in exchange rates on its financial information. These results are shown in paragraph g) of this note. This analysis represents the scenarios that Management considers reasonably possible of occurring. The following is a detail of exchange rates effective during the fiscal year: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Spot exchange rate at ​ ​ Average exchange rate ​ December 31, ​ 2021 2020 2019 2021 2020 2019 Dollars ​ $ 20.29 21.49 19.25 20.51 19.95 18.89 ​ The exchange rate at the date of issuance of the consolidated financial statements is $20.30. v. Interest rate risk The Company is exposed to fluctuations in interest rates for certain financial instruments, such as its investments in financial instruments, bank loans and debt securities. This risk is managed taking into account market conditions and the criteria of its Risk Committee and Board of Directors. Interest rate fluctuations impacted mainly bank loans by changing either their fair value (fixed rate debt) or the future cash flows (variable rate debt). Management does not have a formal policy to determine how much of the Company's exposure to interest rates should be at fixed or variable. However, at the time of obtaining new loans, Management uses its judgment considering technical analyses and market forecasts to decide whether fixed or variable rate instruments would be more favorable during the terms of such instruments. To monitor this risk, the Company performs sensitivity tests at least monthly to measure the effect of the change in interest rates in the instruments described in the preceding paragraph, which are summarized in subsection g) of this note. e) Financial instruments at fair value The amounts of accounts payable and accounts receivable approximate their fair value because of their nature and short-term maturities. The table below summarizes the fair value of the financial instruments that are recognized at amortized cost, together with the carrying amount included in the consolidated statements of financial position: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Carrying ​ Fair ​ Carrying ​ Fair ​ Carrying ​ Fair Liabilities recorded at amortized cost ​ amount ​ value ​ amount ​ value ​ amount ​ value ​ 2021 2020 2019 Financial debt ​ $ 1,993,911 1,994,423 2,517,965 2,550,758 4,928,607 4,952,445 ​ f) Fair value hierarchy The fair value of financial assets and liabilities is determined as follows: ● The fair value of the financial assets and liabilities that have standard terms and conditions and are traded in active liquid markets, which are determined by reference to quoted market prices (market approach), therefore, these instruments are considered Level 1 hierarchy according to the classification of fair value hierarchy described in note 2 b). ● The fair value of derivative financial instruments of the Company ( commodities ) is determined based on the future prices of the Chicago Stock Exchange, so these instruments are considered Level 2 hierarchy. The following table summarizes financial instruments carried at fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 1 Level 2 Level 3 Total As of December 31, 2021 Investment in securities at fair value through profit or loss $ 10,841 — — 10,841 Investment in securities at fair value through other comprehensive income ​ ​ 1,559,823 ​ — ​ — ​ 1,559,823 Derivative financial instruments ​ — 69,862 — 69,862 ​ $ 1,570,664 69,862 — 1,640,526 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 1 Level 2 Level 3 Total As of December 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment in securities at fair value through profit or loss ​ $ 1,018,322 — — 1,018,322 Investment in securities at fair value through other comprehensive income ​ ​ 937,715 ​ — ​ — ​ 937,715 Derivative financial instruments ​ — (194,181) — (194,181) ​ ​ $ 1,956,037 (194,181) — 1,761,856 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 1 Level 2 Level 3 Total As of December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment in securities at fair value through profit or loss ​ $ 186,284 — — 186,284 Investment in securities at fair value through other comprehensive income ​ ​ 315,761 ​ — ​ — ​ 315,761 Derivative financial instruments ​ — 18,098 — 18,098 ​ ​ $ 502,045 18,098 — 520,143 ​ Information regarding the hierarchy of fair value measurements related to financial liabilities that are not recognized at fair value, but for which disclosures are required, is summarized below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 1 Level 2 Level 3 Total As of December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt - bank institutions ​ $ — (500,246) — (500,246) Financial debt – debt securities ​ (1,494,177) — — (1,494,177) ​ ​ $ (1,494,177) (500,246) — (1,994,423) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 1 Level 2 Level 3 Total As of December 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt - bank institutions ​ $ — (1,059,300) — (1,059,300) Financial debt – debt securities ​ (1,491,458) — — (1,491,458) ​ ​ $ (1,491,458) (1,059,300) — (2,550,758) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 1 Level 2 Level 3 Total As of December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt - bank institutions ​ $ — (3,455,810) — (3,455,810) Financial debt – debt securities ​ (1,496,635) — — (1,496,635) ​ ​ $ (1,496,635) (3,455,810) — (4,952,445) ​ g) Quantitative sensitivity measurements The following are sensitivity analysis for the most significant risks to which the Company is exposed as of December 31, 2021, 2020 and 2019. These analyses represent the scenarios that Management believes are reasonably possible of occurring in future periods and were evaluated in accordance with the policies of the Company’s Risk Committee. i. Derivative Financial Instruments related to exchange rate and commodities risks As of December 31, 2021, the Company has taken positions on derivative financial instruments to hedge exchange rate risks and commodities. A 15%increase in the Mexican peso with respect to the U.S. dollar as of the end of 2021, 2020 and 2019 would have resulted in a valuation gain of $34,443, $506,705 and $16,824 on the fair value of the Company’s exchange rate derivative financial instruments position. On the other hand, a decrease of 15% in the aforementioned rate would have resulted in an additional valuation loss during the respective periods of $34,698, $1,405,538 and $31,133. The following table shows the Company’s sensitivity to an increase and decrease of 15% for 2021, 2020 and 2019 in the “ bushel ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Effect of Increase ​ Effect of Decrease ​ 2021 2020 ​ 2019 2021 2020 2019 Loss (profit) for the year ​ $ (37,847) (87,711) (121,762) ​ $ 20,919 (12,530) 100,490 ​ ii. Interest rate risk As described in Note 18, the Company has financial debt denominated in pesos and dollars, which bear interest at variable rates based on TIIE and LIBOR, respectively. The following table shows the Company’s sensitivity to an increase and decrease of 50 basis points for 2021, 2020 and 2019, in the variable rates to which the Company is exposed. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Effect of Increase ​ Effect of Decrease ​ 2021 2020 2019 2021 2020 2019 Loss (profit) for the year ​ $ 8,291 13,390 24,465 ​ $ (8,291) (13,390) (24,465) ​ iii. Exchange risk As of December 31, 2021, 2020 and 2019, the Company’s net monetary liability position in foreign currency was $5,354,193, $8,312,232 and $5,946,764, respectively. The following table shows the Company’s sensitivity of an increase and decrease of 30%for 2021, 2020 and 2019, in exchange rate, which would have an effect in the result from foreign currency position. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Effect of Increase ​ Effect of Decrease ​ 2021 2020 2019 2021 2020 2019 Loss (profit) for the year $ (1,606,255) (2,493,673) (1,784,045) $ 1,606,255 2,493,673 1,784,045 ​

Accounts receivable, net

Accounts receivable, net	12 Months Ended
	Dec. 31, 2021
Accounts receivable, net
Accounts receivable, net	(9) Accounts receivable, net As of December 31, 2021, 2020 and 2019, accounts receivable are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Trade receivables ​ $ 3,162,920 ​ 2,772,418 2,595,978 Allowance for doubtful accounts ​ (60,717) ​ (68,360) (72,886) Income tax receivable ​ 121,315 ​ 190,110 187,912 Recoverable value-added tax and other recoverable taxes ​ 1,884,649 ​ 1,471,851 1,156,106 ​ ​ $ 5,108,167 ​ 4,366,019 3,867,110 ​ Past-due but not impaired portfolio Below is a classification of trade accounts receivable according to their aging as of the reporting date, which has not been subject to impairment: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Past due at 60 days ​ 8,079 ​ 18,811 20,463 Past due by more than 60 days ​ 8,443 ​ 98,054 47,573 ​ ​ $ 16,522 ​ 116,865 68,036 ​ The Company believes that non-impaired amounts that are past-due by more than 60 days can still be collected, based on the historical behavior of payments and analysis of credit ratings of customers. Reconciliation of movements in allowance for doubtful accounts ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Balance as of January 1 ​ $ (68,360) ​ (72,886) ​ (79,937) Increase in allowance ​ (706) ​ (1,826) (57) Amounts written off ​ 8,436 ​ 6,458 7,030 Currency translation effect ​ (87) ​ (106) 78 Balance as of December 31, ​ $ (60,717) ​ (68,360) (72,886) ​ As of December 31, 2021, 2020 and 2019 the Company has receivables in legal proceedings (receivables for which legal counsel is seeking recoverability) of $157,012, $143,278 and $140,304, respectively. To determine the recoverability of an account receivable, the Company considers any change in the credit quality of the account receivable from the date of authorization of the credit line to the end of the reference period. In addition, the Company estimates that the credit risk concentration is limited as the customer base is very large and there are no related party receivables or receivables from entities under common control. Expected credit losses The Company recognizes expected credit losses for life for trade accounts receivable, which are estimated using a provision matrix based on the Company’s historical experience of credit losses, adjusted for factors that are specific each of the Company’s customer and debtor groups, general economic conditions and an assessment of both the current and forecast conditions at the reporting date, including the time value of money when appropriate. During 2017 the estimated credit losses were based on the incurred loss model. The expected credit losses for 2021, 2020 and 2019 in trade accounts receivable under IFRS 9 were estimated at $37,249, $25,962 and $50,753, considering the balances of the portfolio and the different customer groups of the Company. The Company decided to maintain its previously recorded estimated reserve for doubtful accounts for its subsidiaries, according to balances shown in the reconciliation of movements in the estimate of doubtful accounts shown above, although such amounts were higher than the expected credit losses in 2021, 2020 and 2019, as described in the previous paragraph.

Inventories

Inventories	12 Months Ended
	Dec. 31, 2021
Inventories.
Inventories	(10) Inventories As of December 31, 2021, 2020 and 2019, inventories are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Raw materials and by-products ​ $ 2,775,890 ​ 2,410,275 1,836,783 Medicine, materials and spare parts ​ 1,344,944 ​ 1,110,559 877,837 Balanced feed ​ 467,359 ​ 380,121 330,238 Processed chicken ​ 1,552,946 ​ 1,575,985 1,554,115 Commercial eggs ​ 63,764 ​ 55,364 56,599 Processed beef ​ 167,582 ​ 151,402 47,954 Processed turkey ​ 1,620 ​ 2,472 4,482 Other processed products ​ 1,885 ​ 2,160 2,199 Total ​ $ 6,375,990 ​ 5,688,338 4,710,207 ​ Inventory consumption for the years ended December 31, 2021, 2020 and 2019 was $54,103,917, $44,747,933 and $39,823,395, respectively (note 23). The adjustment to the net realizable value of certain inventories during 2021, 2020 and 2019 was for $ 39,975, $57,074 and $ 35,328, respectively.

Biological assets

Biological assets	12 Months Ended
	Dec. 31, 2021
Biological assets
Biological assets	(11) Biological assets For the years ended December 31, 2021, 2020 and 2019, biological assets are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current ​ Non-current ​ ​ ​ biological assets biological assets Total Balance as of January 1, 2021 ​ $ 2,012,668 1,991,530 4,004,198 Increase due to purchases ​ 429,551 840,112 1,269,663 Sales ​ — (46,866) (46,866) Net increase due to births ​ 377,449 3,083,747 3,461,196 Production cost ​ 42,518,242 2,335,691 44,853,933 Depreciation ​ — (2,784,562) (2,784,562) Transfers to inventories ​ (42,628,413) (3,083,747) (45,712,160) Other ​ 60,115 22,232 82,347 Balance as of December 31, 2021 ​ $ 2,769,612 2,358,137 5,127,749 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current ​ Non-current ​ ​ ​ biological assets biological assets Total Balance as of January 1, 2020 ​ $ 2,043,234 1,818,911 3,862,145 Increase due to purchases ​ 686,756 797,039 1,483,795 Sales ​ — 20,966 20,966 Net increase due to births ​ 264,386 2,507,769 2,772,155 Production cost ​ 35,585,551 1,877,418 37,462,969 Depreciation ​ — (2,565,283) (2,565,283) Transfers to inventories ​ (36,786,599) (2,507,769) (39,294,368) Other ​ 219,340 42,479 261,829 Balance as of December 31, 2020 ​ $ 2,012,668 1,991,530 4,000,198 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current ​ Non-current ​ ​ ​ biological assets biological assets Total Balance as of January 1, 2019 ​ $ 2,073,526 1,721,728 3,795,254 Increase due to purchases ​ 510,403 701,764 1,212,167 Sales ​ — (73,409) (73,409) Net increase due to births ​ 267,773 2,378,419 2,646,192 Production cost ​ 32,894,675 1,761,456 34,656,131 Depreciation ​ — (2,262,245) (2,262,245) Transfers to inventories ​ (33,651,137) (2,378,419) (36,029,556) Other ​ (52,003) (30,383) (82,386) Balance as of December 31, 2019 ​ $ 2,043,237 1,818,911 3,862,148 ​ The “Other” category includes the change in fair value of biological assets that resulted in a decrease of $48,338 and $31,701 in 2021 and 2020, and increase of $35,487 in 2019. The Company is exposed to different risks relating to its biological assets: ● Future excesses in the offer of poultry products and a decline in the demand growth of the chicken industry may negatively affect the Company’s results. ● Increases in raw material prices and price volatility may negatively affect the Company’s margins and results. ● In addition, in the case of the Company’s operations in the United States of America, the cost of corn and grain may be affected by an increase in the demand for ethanol, which may reduce the market’s available corn inventory. ● Operations in Mexico and the United States of America are based on animal breeding and meat processing, which are subject to sanitary risks and natural disasters. ● Hurricanes and other adverse climate conditions may result in additional inventory losses and damage to the Company’s facilities and equipment.

Prepaid expenses and other curr

Prepaid expenses and other current assets	12 Months Ended
	Dec. 31, 2021
Prepaid expenses and other current assets
Prepaid expenses and other current assets	(12) Prepaid expenses and other current assets As of December 31, 2021, 2020 and 2019, prepaid expenses and other current assets are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Advances to suppliers of inventories ​ $ 2,163,450 ​ 613,188 ​ 628,286 Prepaid expenses for services ​ 264,208 ​ 303,345 ​ 280,950 Prepaid expenses for insurance and sureties ​ 95,441 ​ 74,565 ​ 128,178 Other current assets ​ 234,024 ​ 230,157 ​ 189,782 Total ​ $ 2,757,123 ​ 1,221,255 ​ 1,227,196 ​

Assets held for sale

Assets held for sale	12 Months Ended
	Dec. 31, 2021
Assets held for sale
Assets held for sale	(13) Assets held for sale As of December 31, 2021, 2020 and 2019, assets held for sale are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Buildings ​ $ 24,786 ​ 24,208 22,394 Land ​ 31,793 ​ 29,563 29,563 Other ​ 857 ​ 859 959 Total ​ $ 57,436 ​ 54,630 52,916 ​ The Company recognized gains (losses) on sales of these assets of ($31), $510 and $2,311 during 2021, 2020 and 2019, respectively.

Property, plant and equipment

Property, plant and equipment	12 Months Ended
	Dec. 31, 2021
Property, plant and equipment.
Property, plant and equipment	(14) Property, plant and equipment As of December 31, 2021, 2020 and 2019, property, plant and equipment are comprised as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Currency Balance as of ​ ​ January 1, ​ ​ ​ ​ ​ translation ​ December 31, Cost ​ 2021 ​ Additions ​ Disposals ​ effect ​ 2021 Land ​ $ 1,655,428 21,342 — 2,632 1,679,402 Buildings and construction ​ 12,821,193 626,606 (3,039) 48,859 13,493,619 Machinery and equipment ​ 17,116,908 1,528,891 (274,090) 86,276 18,457,985 Transportation equipment ​ 2,445,634 399,687 (175,643) 1,021 2,670,699 Computer equipment ​ 151,117 11,345 (1,078) 1,636 163,020 Furniture ​ 205,933 17,162 (9,728) 355 213,722 Leasehold improvements ​ 8,037 — (703) — 7,334 Construction in progress ​ 1,675,894 874,460 — 2,235 2,552,589 Total ​ $ 36,080,144 3,479,493 (464,281) 143,014 39,238,370 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Currency Balance as of ​ ​ January 1 ​ Depreciation ​ ​ ​ translation ​ December 31, Accumulated depreciation ​ 2021 ​ for the year ​ Disposals ​ effect ​ 2021 Buildings and construction ​ $ (5,836,750) (262,839) 2,360 (12,611) (6,109,840) Machinery and equipment ​ (9,267,337) (923,114) 204,221 (58,202) (10,044,432) Transportation equipment ​ (965,535) (183,530) 121,112 (762) (1,028,715) Computer equipment ​ (130,187) (11,532) 977 (1,433) (142,175) Furniture ​ (146,513) (12,082) 9,092 (303) (149,806) Total ​ $ (16,346,322) (1,393,097) 337,762 (73,311) (17,474,968) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Currency Balance as of ​ ​ January 1, ​ ​ ​ ​ ​ translation ​ December 31, Cost ​ 2020 ​ Additions ​ Disposals ​ effect ​ 2020 Land ​ $ 1,553,499 102,847 (5,900) 4,982 1,655,428 Buildings and construction ​ 12,340,405 686,270 (297,490) 92,008 12,821,193 Machinery and equipment ​ 15,866,952 1,240,779 (145,320) 154,497 17,116,908 Transportation equipment ​ 2,111,999 462,344 (130,089) 1,380 2,445,634 Computer equipment ​ 134,481 13,784 (244) 3,096 151,117 Furniture ​ 190,289 21,325 (6,463) 782 205,933 Leasehold improvements ​ 3,598 4,439 — — 8,037 Construction in progress ​ 1,459,922 220,493 — (4,521) 1,675,894 Total ​ $ 33,661,145 2,752,281 (585,506) 252,224 36,080,144 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Currency Balance as of ​ ​ January 1 ​ Depreciation ​ ​ ​ translation ​ December 31, Accumulated depreciation ​ 2020 ​ for the year ​ Disposals ​ effect ​ 2020 Buildings and construction ​ $ (5,750,971) (299,865) 229,718 (15,632) (5,836,750) Machinery and equipment ​ (8,253,772) (1,048,758) 96,589 (61,396) (9,267,337) Transportation equipment ​ (856,429) (204,384) 96,553 (1,275) (965,535) Computer equipment ​ (107,016) (21,721) 160 (1,610) (130,187) Furniture ​ (136,311) (15,575) 5,863 (490) (146,513) Total ​ $ (15,104,499) (1,590,303) 428,883 (80,403) (16,346,322) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Currency Balance as of ​ ​ January 1, ​ ​ ​ ​ ​ translation ​ December 31, Cost ​ 2019 ​ Additions ​ Disposals ​ effect ​ 2019 Land ​ $ 1,378,090 209,752 (30,677) (3,666) 1,553,499 Buildings and construction ​ 11,943,476 472,095 (7,478) (67,688) 12,340,405 Machinery and equipment ​ 15,182,044 891,008 (92,623) (113,477) 15,866,952 Transportation equipment ​ 1,792,273 474,960 (154,116) (1,118) 2,111,999 Computer equipment ​ 136,183 3,828 (3,257) (2,273) 134,481 Furniture ​ 178,455 17,684 (5,295) (555) 190,289 Leasehold improvements ​ 4,350 — (752) — 3,598 Construction in progress ​ 1,501,697 — (38,065) (3,710) 1,459,922 Total ​ $ 32,116,568 2,069,327 (332,263) (192,487) 33,661,145 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Currency Balance as of ​ ​ January 1 ​ Depreciation ​ ​ ​ translation ​ December 31, Accumulated depreciation ​ 2019 ​ for the year ​ Disposals ​ effect ​ 2019 Buildings and construction ​ $ (5,536,825) (230,450) 2,199 14,105 (5,750,971) Machinery and equipment ​ (7,505,222) (874,447) 65,136 60,761 (8,253,772) Transportation equipment ​ (829,664) (134,708) 106,955 988 (856,429) Computer equipment ​ (98,034) (13,635) 3,145 1,508 (107,016) Furniture ​ (128,647) (12,151) 4,109 378 (136,311) Total ​ $ (14,098,392) (1,265,391) 181,544 77,740 (15,104,499) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, Carrying amounts, net 2021 2020 2019 Land ​ $ 1,679,402 ​ 1,655,428 1,553,499 Buildings and construction ​ 7,383,779 ​ 6,984,443 6,589,434 Machinery and equipment ​ 8,413,553 ​ 7,849,571 7,613,180 Transportation equipment ​ 1,641,984 ​ 1,480,099 1,255,570 Computer equipment ​ 20,845 ​ 20,930 27,465 Furniture ​ 63,916 ​ 59,420 53,978 Leasehold improvements ​ 7,334 ​ 8,037 3,598 Construction in progress ​ 2,552,589 ​ 1,675,894 1,459,922 Total ​ $ 21,763,402 ​ 19,733,822 18,556,646 ​ Additions of property, plant and equipment in 2020 include assets acquired through business combinations of $383,680 that consist of the following: ​ ​ ​ ​ ​ Land $ 62,050 Buildings and construction ​ 231,264 Machinery and equipment ​ 73,332 Transportation equipment ​ 4,825 Computer equipment ​ ​ 1,761 Furniture ​ 1,115 Construction in progress ​ ​ 9,333 Total ​ $ 383,680 ​ Depreciation expense during the years ended December 31, 2021, 2020 and 2019 was $1,393,097, $1,590,303 and $1,265,391, respectively, which was charged to cost of sales and operating expenses, see note 23.

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2021
Goodwill.
Goodwill	(15) Goodwill ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Balances at beginning of the year ​ $ 1,650,716 ​ ​ 1,578,994 1,631,771 Foreign currency effects ​ ​ 37,891 ​ 71,722 (52,777) Balances at end of year ​ $ 1,688,607 ​ ​ 1,650,716 1,578,994 ​ The recoverable amount of the cash-generating unit is determined based on a calculation of its value in use, which uses projections of the estimated cash flows based on financial budgets approved by Management for a determined projection period, which are discounted using an annual discount rate. Projections of the cash flows during the budgeted period are based on sales projections which include increases due to inflation, as well as the projection of expected gross margins and operating margins during the budgeted period. Cash flows that exceed such period are extrapolated using an annual stable growth rate, which is the long-term weighted average growth rate for the market in which the cash-generating unit operates. For the years ended December 31, 2021, 2020, and 2019, no goodwill impairment loss was determined. The assumptions and balances of each cash-generating unit are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 ​ ​ ​ Annual Annual ​ ​ Final ​ Projection ​ discount ​ growth ​ balance of period rate rate ​ Cash-generating unit ​ the year ​ (years) ​ (%) ​ (%) ​ Bachoco - Istmo and Peninsula regions ​ $ 212,833 5 12.63 % 3.00 % Campi ​ 88,015 5 12.63 % 3.00 % Ok Farms - Morris Hatchery, Inc. Arkansas ​ 68,019 5 3.26 % 0.00 % Ok Farms - Morris Hatchery Inc. Georgia ​ 114,851 5 3.26 % 0.00 % Ok Foods- Albertville Quality Foods, Inc. ​ 1,204,889 5 10.00 % 3.40 % ​ ​ $ 1,688,607 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2020 ​ ​ ​ ​ Annual Annual ​ ​ Final ​ Projection ​ discount ​ growth ​ ​ balance of ​ period ​ rate ​ rate ​ Cash-generating unit ​ the year ​ (years) ​ (%) ​ (%) Bachoco - Istmo and Peninsula regions ​ $ 212,833 5 12.95 % 3.00 % Campi ​ 88,015 5 12.95 % 3.00 % Ok Farms - Morris Hatchery, Inc. Arkansas ​ 66,162 5 3.43 % 0.00 % Ok Farms - Morris Hatchery Inc. Georgia ​ 111,715 5 3.43 % 0.00 % Ok Foods- Albertville Quality Foods, Inc. ​ 1,171,991 5 3.43 % 0.00 % ​ ​ $ 1,650,716 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2019 ​ ​ ​ ​ Annual Annual ​ ​ Final ​ Projection ​ discount ​ growth ​ ​ balance of ​ period ​ rate ​ rate ​ Cash-generating unit ​ the year ​ (years) ​ (%) ​ (%) Bachoco - Istmo and Peninsula regions ​ $ 212,833 ​ 5 12.84 % 3.00 % Campi ​ 88,015 ​ 5 12.84 % 3.00 % Ok Farms - Morris Hatchery, Inc. Arkansas ​ 62,647 ​ 5 5.22 % 0.00 % Ok Farms - Morris Hatchery Inc. Georgia ​ 105,780 ​ 5 5.22 % 0.00 % Ok Foods- Albertville Quality Foods, Inc. ​ ​ 1,109,719 ​ 5 ​ 5.22 % 0.00 % ​ ​ $ 1,578,994 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021, the percentage by which the recoverable amount of each cash-generating unit exceeds its carrying amount is shown below: ​ ​ ​ ​ ​ Cash-generating unit % Bachoco - Istmo and Peninsula regions 49 % Campi 130 % Ok Farms- Morris Hatchery Inc. Arkansas 183 % Ok Farms- Morris Hatchery Inc. Georgia 60 % Ok Foods- Albertville Quality Foods, Inc. 4 % ​ Management considers that any possible reasonable change in the key assumptions (revenue growth rate and annual discount rate), on which the recoverable amount is based, would not cause the carrying amount of the cash-generating units to be less than their recoverable amount. The Company performed a sensitivity analysis considering a decrease in the revenue growth rate of 200 basis points and an increase of 200 basis points in the annual discount rate, as a result of this analysis, the Company concluded that for all cash-generating units there is no impairment to recognize, except Ok Foods-Albertville Quality Foods, Inc. which would have an impairment.

Intangible assets

Intangible assets	12 Months Ended
	Dec. 31, 2021
Intangible assets
Intangible assets	(16) Intangible assets The balances as of December 31, 2021, 2020 and 2019 for $704,374, $753,224 and $772,640 are mainly comprised of trade names and customer relationships derived from the purchase through its subsidiary OK Foods, Inc. Customer relationships are generally amortized over 15 years based on the pattern of revenue expected to be generated from the use of the asset. Indefinite life intangible assets are initially recorded at their fair value and are not amortized, but they are reviewed for impairment at least annually or more frequently if impairment indicators arise. During 2021, an impairment of $5,459 was determined in one of the commercial brands due to the decrease in sales. During 2019 the Company ended a relationship with clients for which an intangible asset was recognized. The Company does not expect to do future business with those clients resulting in an impairment in intangible assets from customer relationships of $73,733, which was charged to the results of the fiscal year as other expenses. a) Intangible assets consist of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Amortizable intangible assets ​ ​ Customer relationships ​ $ 968,012 ​ 941,582 891,553 Accumulated amortization ​ (290,404) ​ (219,702) (74,859) Impairment loss ​ — ​ — (73,733) Total net amortizable intangible assets ​ 677,608 ​ 721,880 742,961 Trade names not subject to amortization ​ 32,225 ​ 31,344 29,679 Impairment loss ​ (5,459) ​ — — Total intangible assets ​ $ 704,374 ​ 753,224 772,640 ​ ​ b) Reconciliation between the carrying amounts at the beginning and at the end of the intangible assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Trade names ​ ​ ​ ​ Customer ​ not subject to ​ ​ ​ relationships amortization Total Carrying amounts ​ Balance as of January 1, 2021 ​ $ 941,582 31,344 972,926 Additions ​ — — — Impairment loss ​ — (5,459) (5,459) Currency translation effect ​ 26,430 881 27,311 Balance as of December 31, 2021 ​ 968,012 26,766 994,778 ​ ​ ​ ​ ​ ​ ​ ​ Accumulated amortization ​ Balance as of January 1, 2021 ​ (219,702) — (219,702) Additions ​ — — — Amortization expense ​ (70,702) — (70,702) Balance as of December 31, 2021 ​ (290,404) — (290,404) Total intangible assets ​ $ 677,608 26,766 704,374 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Trade ​ ​ ​ ​ ​ ​ ​ names ​ ​ ​ ​ ​ ​ ​ not subject ​ ​ ​ ​ Customer ​ to ​ ​ ​ relationships amortization Total Carrying amounts ​ Balance as of January 1, 2020 ​ $ 817,820 29,679 847,499 Additions ​ — — — Currency translation effect ​ 123,762 1,665 125,427 Balance as of December 31, 2020 ​ 941,582 31,344 972,926 Accumulated amortization ​ Balance as of January 1, 2020 ​ (74,859) — (74,859) Additions ​ — — — Amortization expense ​ (144,843) — (144,843) Balance as of December 31, 2020 ​ (219,702) — (219,702) Total intangible assets ​ $ 721,880 31,344 753,224 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Trade ​ ​ ​ ​ ​ ​ ​ names ​ ​ ​ ​ ​ ​ ​ not subject ​ ​ ​ ​ Customer ​ to ​ ​ ​ relationships amortization Total Carrying amounts ​ Balance as of January 1, 2019 ​ $ 1,014,361 30,905 1,045,266 Additions ​ — — — Impairment loss ​ (73,733) — (73,733) Currency translation effect ​ (122,808) (1,226) (124,034) Balance as of December 31, 2019 ​ 817,820 29,679 847,499 Accumulated amortization ​ Balance as of January 1, 2019 ​ (95,911) — (95,911) Additions ​ — — — Amortization expense ​ 21,052 — 21,052 Balance as of December 31, 2019 ​ (74,859) — (74,859) Total intangible assets ​ $ 742,961 29,679 772,640 ​

Other non-current assets

Other non-current assets	12 Months Ended
	Dec. 31, 2021
Other non-current assets.
Other non-current assets	(17) Other non-current assets Other non-current assets consist of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Advances for purchase of property, plant and equipment ​ $ 367,023 ​ 472,828 495,015 Investments in life insurance (note 3 (l)) ​ 74,148 ​ 71,431 65,545 Security deposits ​ 24,511 ​ 23,476 21,545 Other long-term receivable ​ 211,278 ​ 193,689 173,488 Intangible assets in process ​ 1,616 ​ 2,996 2,841 Other ​ 56,128 ​ 54,502 51,614 Total non-current assets ​ $ 734,704 ​ 818,922 810,048 ​

Financial debt

Financial debt	12 Months Ended
	Dec. 31, 2021
Financial debt
Financial debt	(18) Financial debt a) Short-term financial debt is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Loan in the amount of 70,000 thousand dollars, maturing in January 2020 , at LIBOR (3) rate plus 0.62 percentage points . ​ $ — ​ — ​ 1,322,176 Loan denominated in pesos, maturing in January 2020 , at TIIE (1) rate plus 0.50 percentage points . ​ ​ — ​ — ​ 50,000 Loan in the amount of 80,000 thousand dollars, maturing in February 2020 , at LIBOR6 (4) rate plus 0.35 percentage points . ​ ​ — ​ — ​ 1,509,015 Loan denominated in pesos, maturing in February 2020 , at TIIE (1) rate plus 1.05 percentage points . ​ ​ — ​ — ​ 449,572 Loan denominated in pesos, maturing in May 2020 , at TIIE (1) rate plus 1.05 percentage points . ​ ​ — ​ — ​ 99,678 Loan denominated in pesos, maturing in June 2020 , at TIIE (1) rate plus 0.50 percentage points . ​ ​ — ​ — ​ 9,958 Loan in the amount of 39,000 thousand dollars, maturing in January 2021 , at LIBOR (3) rate plus 0.60 percentage points . ​ ​ — ​ 778,050 ​ — Loan denominated in pesos, maturing in February 2021 , at TIIE (1) rate plus 0.90 percentage points . ​ ​ — ​ 70,011 ​ — Loan denominated in pesos, maturing in December 2022 , at TIIE (1) rate plus 0.29 percentage points . ​ ​ 500,081 ​ — ​ — Total short-term debt ​ $ 500,081 ​ 848,061 3,440,399 ​ The annual weighted average interest rate of short-term loans denominated in pesos for 2021, 2020 and 2019 was 5.28%, 6.71% and 9.24%, respectively. The average interest rate for loans outstanding as of December 31, 2021, 2020 and 2019 was 5.68%, 5.50% and 8.77%, respectively. The annual weighted average interest rate of short-term loans denominated in dollars for the years 2021, 2020 and 2019 was 0.73%, 1.61% and 2.36%, respectively. As of December 31, 2021, there are no current short-term loans, the average interest rate for loans outstanding as of December 31, 2020 and 2019 was 0.75%, 2.37%, respectively. (1) TIIE (for its acronym in Spanish) = Interbank Equilibrium Rate (2) FIRA (for its acronym in Spanish) = Agriculture Trust Funds (3) LIBOR= London Interbank Offered Rate (4) LIBOR6= London InterBank Offered Rate (6 months) ​ b) Long-term debt consists of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Loan denominated in pesos, maturing in May 2021, at TIIE (1) plus 1.05 percentage points. ​ $ — ​ 209,499 ​ — Debt securities (subsection (d) of this note) ​ 1,493,830 ​ 1,460,405 1,488,208 Total ​ 1,493,830 ​ 1,669,904 1,488,208 Less current maturities ​ (1,493,830) ​ (209,499) — Long-term debt, excluding current maturities ​ $ — ​ 1,460,405 1,488,208 ​ The annual weighted average interest rate on long-term debt for 2021, 2020 and 2019 was 4.90%, 6.49% and 8.53%, respectively. The average rate for outstanding loans as of December 31, 2021, 2020 and 2019 was 5.43%, 4.91% and 8.26%, respectively. (1) TIIE (for its acronym in Spanish) = Interbank Equilibrium Rate (2) FIRA (for its acronym in Spanish) = Trust Established in Relation to Agriculture During 2021 the Company did not make early payments on its long-term debt, during 2020 and 2019 the Company made early payments on its long-term debt of $17,877 and $51,000, payment of commissions for early termination was not required. As of December 31, 2021, 2020 and 2019, unused lines of credit amounted to $9,935,420, $6,919,625 and $3,325,981, respectively. In all such years, the Company did not pay any fee for undrawn balances. The amount of future unearned interest is $ 56,280. Interest expense on total loans during the years ended December 31, 2021, 2020 and 2019, amounted to $104,179, $159,169 and $250,820, respectively, (note 29). Certain bank loans establish certain affirmative and negative covenants, as well as the requirement to maintain certain financial ratios, which have been met as of December 31, 2021, among which are: a) Provide financial information at the request of the bank. b) Not to contract liabilities with financial cost or grant loans that may affect payment obligations. c) Notify the bank regarding the existence of legal issues that could substantially affect the financial situation of the Company. d) Not to perform substantial changes to the nature of the business, or in structure or Administration. e) Not to merge, consolidate, separate, settle or dissolve except for those mergers in which the Company or surety are the merging company and do not constitute a change in control of the entities of the group to which the Company or the surety belong at the date of the agreement. c) Issuance of debt securities On August 25, 2017, a second issuance of debt securities was carried out for a total amount of $1,500,000 with ticker symbol: “BACHOCO 17” for a term of 1,820 From the date of issuance, and while the debt securities have not been paid, they will accrue annual gross interest on their face amount, at an annual interest rate, which is calculated by adding 0.31 percentage points at the 28-day TIIE, and in the event the 28-day TIIE is not published, at the nearest term published by the Bank of Mexico. The debt issue that expired in 2017 accrued a gross interest on its nominal value, at an annual interest rate, which was calculated by adding 0.60 percentage points to the 28-day TIIE. The payment of the debt securities is carried out at the expiration of the contractual term of each issuance. Direct costs arising from debt issuance or contract are deferred and paid as part of financial expense using the effective interest rate through the term of each transaction. Such costs include commissions and professional fees. (1) UDIS = Investment units ​ Derived from the issuance of debt securities, the Company is subject to certain requirements, affirmative and negative covenants similar to those of its financial debt indicated above, with which they comply as of December 31, 2021. d) Reconciliation of liabilities arising from financing debt ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Balance as of January 1 ​ $ 2,517,965 ​ 4,928,607 ​ ​ 5,037,600 Changes that represent cash flows ​ ​ ​ ​ ​ ​ Proceeds from borrowings ​ 1,709,080 ​ 4,030,700 ​ 4,839,000 Principal payment on loans ​ (2,267,280) ​ (6,762,222) ​ (4,808,163) Changes that do not represent cash flows ​ ​ ​ ​ ​ ​ Other ​ 34,146 ​ 320,880 ​ (139,830) Balance as of December 31 ​ $ 1,993,911 ​ 2,517,965 ​ ​ 4,928,607 ​

Trade accounts and other accoun

Trade accounts and other accounts payable	12 Months Ended
	Dec. 31, 2021
Trade accounts and other accounts payable
Trade accounts and other accounts payable	(19) Trade accounts and other accounts payable ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Trade payables ​ $ 8,122,486 ​ 4,516,424 3,972,460 Sundry creditors and expenses payable ​ 854,565 ​ 532,679 518,711 Provisions ​ 74,146 ​ 24,099 64,154 Statutory employee profit sharing ​ 291,744 ​ 62,075 86,710 Retained payroll taxes and other local taxes ​ 359,379 ​ 375,086 275,214 Direct employee benefits ​ 311,367 ​ 232,083 213,345 Interest payable ​ 1,436 ​ 10,575 28,060 Others ​ 133 ​ 116 173 ​ ​ $ 10,015,256 ​ 5,753,137 5,158,827 ​ Note 8 discloses the Company’s exposure to the exchange and liquidity risks related to trade accounts payable and other accounts payable. In December 2009, the National Water Commission (CNA, for its Spanish acronym) imposed credits and fines to the Company for supposed infractions made by the Company in water administration for exploitation of livestock. The Company has recognized a provision for the amount that it expects to be probable to pay. During 2021 the Company the Company recognized a provision for the amount that it considers likely to disburse due to ongoing litigation with a high probability of unfavorable resolution. Bachoco USA, LLC. is involved in claims with the United States of America Department of Labor Unites State Immigration and Customs Enforcement

Transactions and balances with

Transactions and balances with related parties	12 Months Ended
	Dec. 31, 2021
Transactions and balances with related parties
Transactions and balances with related parties	(20) Transactions and balances with related parties a) Transactions with Management Compensation The following table shows the compensation paid to the directors and executives for services provided in their respective positions for the years ended December 31, 2021, 2020 and 2019: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Compensation ​ $ 73,721 57,429 52,635 ​ b) Transactions with other related parties Below is a summary of the Company’s transactions and balances with other related parties, which are comprised of affiliates that are under common control: i. Revenues and balances receivable to related parties ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Transaction value ​ Balance as of ​ ​ December 31, ​ December 31, ​ 2021 2020 2019 2021 2020 2019 Sales of products to: ​ ​ Vimifos, S.A. de C.V. ​ $ 5,921 4,055 9,323 ​ $ 284 400 785 Frescopack, S.A. de C.V. ​ 63 53 58 ​ — — 58 Taxis Aéreos del Noroeste, S.A. de C.V. ​ 51 31 42 ​ — — — Alimentos Kowi, S.A. de C.V. ​ ​ 662 ​ 832 ​ 934 ​ ​ 7 ​ 286 ​ 337 Sonora Agropecuaria, S.A. DE C.V. ​ ​ — ​ 123,756 ​ 178,624 ​ ​ — ​ — ​ 12,494 ​ ​ $ 6,697 128,727 188,981 ​ $ 291 686 13,674 ​ ii. Expenses and balances payable to related parties ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Transaction value ​ Balance as of ​ ​ December 31, ​ December 31, ​ 2021 2020 2019 2021 2020 2019 Purchases of food, raw materials and packing supplies ​ ​ ​ ​ Vimifos, S.A. de C.V. ​ $ 440,379 ​ 411,129 582,458 ​ $ 41,219 ​ 58,836 41,399 Frescopack, S.A. de C.V. ​ 103,778 ​ 143,849 148,210 ​ 65,542 ​ 9,554 26,233 Pulmex 2000, S.A. de C.V. ​ 17,870 ​ 21,414 20,667 ​ 5,609 ​ 2,407 3,976 Qualyplast, S.A. de C.V. ​ 6,971 ​ 1,184 244 ​ — ​ 251 — Alimentos Kowi, S.A. de C.V. ​ ​ — ​ — ​ 907 ​ ​ — ​ — ​ — Sonora Agropecuaria, S.A. de C.V. ​ ​ — ​ 4,425 ​ 3,374 ​ ​ — ​ — ​ — Granja, Rab S.A. de C.V. ​ ​ 75,747 ​ — ​ — ​ ​ 3,187 ​ — ​ — Fertilizantes Tepeyac, S.A. de C.V. ​ ​ 399,480 ​ — ​ — ​ ​ 32 ​ — ​ — EBIPAC S.A.P.I. de C.V. ​ ​ 41,001 ​ — ​ — ​ ​ 412 ​ — ​ — GASBO, S.A. de C.V. ​ ​ 3,583 ​ — ​ — ​ ​ 267 ​ — ​ — Purchases of vehicles, tires and spare parts ​ ​ ​ ​ Maquinaria Agrícola, S.A. de C.V. ​ $ — ​ — — ​ — ​ 5 5 Llantas y Accesorios, S.A. de C.V. ​ 42,601 ​ 42,554 38,947 ​ 4,614 ​ 6,378 4,213 Autos y Accesorios, S.A. de C.V. ​ 40,194 ​ 48,129 10,776 ​ 3,413 ​ 339 124 Autos y Tractores de Culiacán, S.A. de C.V. ​ 31,753 ​ 42,857 11,519 ​ 726 ​ 336 149 Camiones y Tractocamiones de Sonora, S.A. de C.V. ​ 164,306 ​ 91,098 270,968 ​ 59,602 ​ 2,636 149 Agencia MX-5, S.A de C.V. ​ 410 ​ 63 904 ​ 27 ​ 6 9 Alfonso R. Bours, S.A. de C.V. ​ 4,926 ​ 2,651 187 ​ 604 ​ 50 49 Cajeme Motors S.A. de C.V. ​ 442 ​ 287 183 ​ 120 ​ 44 89 Airplane leasing expenses ​ ​ ​ ​ ​ ​ Taxis Aéreos del Noroeste, S.A. de C.V. ​ $ 1,435 ​ — 24,971 ​ 55 ​ — 307 ​ ​ ​ ​ ​ ​ ​ ​ ​ $ 185,429 ​ 80,842 76,704 ​ As of December 31, 2021, 2020 and 2019, balances payable to related parties correspond to current accounts denominated in pesos that bear no interest and are payable on a short-term basis.

Income Tax

Income Tax	12 Months Ended
	Dec. 31, 2021
Income Tax
Income Tax	(21) Income Tax Under the tax legislation in Mexico and the United States of America in effect through December 31, 2021, entities are subject to pay income tax (ISR, by its Spanish acronym). a) ISR The Company and each of its subsidiaries file separate income tax returns (including its foreign subsidiary, which files income tax returns in the United States of America, based on its fiscal year ending in April of every year). For the years ended December 31, 2021, 2020 and 2019, the applicable rate under the general tax regime in Mexico is 30%. The applicable rate during 2021, 2020 and 2019 for the Company’s US subsidiary is 21% (plus state taxes). As of December 31, 2021, 2020 and 2019, BSACV b) Tax charged to profit and loss For the years ended December 31, 2021, 2020 and 2019, the income tax (benefit) expense included in profit and loss is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31 ​ 2021 2020 2019 Operation in Mexico: ​ ​ Current ISR ​ $ 1,790,621 ​ 1,321,021 1,066,160 Deferred ISR ​ 257,020 ​ 341,131 324,415 ​ ​ 2,047,641 ​ 1,662,152 1,390,575 Foreign operations: ​ ​ ​ Current ISR ​ — ​ 33 (1,859) Deferred ISR ​ (240,003) ​ (450,574) (263,738) Total ISR expense ​ $ 1,807,638 ​ 1,211,611 1,124,978 ​ Total income tax expense The income tax expense attributable to income before income taxes differed from the amount computed by applying the ISR rate of 30% in 2021, 2020 and 2019 due to the items listed below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2021 ​ 2020 ​ 2019 ​ ISR Percentage ISR Percentage ISR Percentage Expected expense ​ $ 2,022,521 30 % $ 1,555,111 30 % $ 1,292,925 30 % Increase (decrease) resulting from: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net effects of inflation ​ (379,311) (6) % (196,379) (4) % (168,822) (4) % (Non-taxable income) Non-deductible expenses ​ 29,503 0 % 7,641 0 % 11,027 0 % Effect of rate difference of foreign subsidiary ​ 42,516 1 % 20,907 0 % 48,658 1 % Effect from non-deductible employee benefits ​ 145,301 3 % 115,496 2 % 70,202 2 % Effect of tax incentive ​ ​ (54,523) ​ (1) % ​ (69,920) ​ (1) % ​ (60,861) ​ (1) % Effect of carryback tax losses in the United States of America (1) ​ — — ​ (190,144) (4) % — — ​ Bargain purchase gain of domestic business acquisition ​ ​ — ​ — ​ ​ (27,267) ​ (0) % ​ — ​ — ​ Other ​ 1,631 0 % (3,834) (0) % (68,151) (2) % Income tax expense ​ $ 1,807,638 27 % $ 1,211,611 23 % $ 1,124,978 26 % ​ (1) On March 27, 2020, the Coronavirus Aid, Relief and Economic Security (CARES) Act was enacted. The most significant provisions of the CARES Act that will materially affect the Company’s accounting for income taxes includes a five-year carryback allowance for taxable net operating losses generated in tax year 2018 through 2020 and a technical correction to the Tax Cuts and Jobs Act, enacted on December 22, 2017, that disallowed the carrying back of taxable net operating losses to offset prior years’ taxable income. The deadline to request this refund is October 2022, it is expected that the Company will request it before that date. c) Deferred income tax The Company and each one of its subsidiaries determine the deferred taxes that are reflected at a consolidated level on stand-alone basis. BSACV The tax effects of temporary differences, tax losses and tax credits that give rise to significant portions of deferred tax assets and liabilities as of December 31, 2021, 2020 and 2019 are detailed below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Deferred tax assets ​ ​ Accounts payable ​ $ 33,873 ​ 2,207 2,481 Employee benefits ​ 31,692 ​ 199,087 164,019 PTU payable ​ 2,476 ​ 16,690 26,020 Tax loss carryforwards ​ 917,737 ​ 60,354 56,163 Inventories ​ ​ — ​ — ​ 616 Property, plant and equipment ​ ​ — ​ 1,696 ​ 1,113 Other provisions ​ 60,946 ​ 648 — Tax incentives to be credited in the United States of America ​ ​ 45,386 ​ — ​ — Other items ​ ​ 17 ​ — ​ — Total deferred tax assets ​ 1,092,127 ​ 280,682 250,412 ​ ​ ​ ​ ​ ​ ​ ​ Deferred tax liabilities ​ ​ ​ ​ ​ ​ ​ Inventories ​ ​ 218,204 ​ — ​ — Property, plant and equipment ​ ​ 469,946 ​ — ​ — Prepaid expenses ​ ​ 860 ​ 2,872 ​ 4,593 Goodwill ​ ​ 9,865 ​ — ​ — Intangible assets ​ ​ 178,356 ​ — ​ — Other provisions ​ ​ — ​ 7,655 ​ 547 Derivative financial instruments ​ ​ 1,157 ​ 8,221 ​ — Total deferred tax liabilities ​ ​ 878,388 ​ 18,748 ​ 5,140 Net deferred tax assets ​ $ 213,739 ​ 261,934 ​ 245,272 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Deferred tax assets ​ ​ Accounts payable ​ $ 1,948,897 ​ 1,090,676 1,097,422 Employee benefits ​ ​ 201,835 ​ — ​ — PTU payable ​ 85,053 ​ 1,037 — Tax loss carryforwards ​ 31,993 ​ 606,935 271,772 Other provisions ​ 62,503 ​ 144,861 63,314 Total deferred tax assets ​ 2,330,281 ​ 1,843,509 1,432,508 ​ ​ ​ ​ ​ ​ ​ ​ Deferred tax liabilities ​ ​ ​ ​ ​ Inventories ​ 2,053,059 ​ 1,820,929 1,696,300 Accounts receivable ​ 593,754 ​ 497,655 445,198 Property, plant and equipment ​ 2,558,209 ​ 2,915,222 2,667,824 Prepaid expenses ​ 952,322 ​ 286,844 332,392 Goodwill ​ ​ — ​ 5,147 ​ 584 Intangible assets ​ ​ — ​ 188,919 ​ 190,900 Other items ​ 1,282 ​ — — Derivative financial instruments ​ 13,130 ​ 3,773 3,803 Total deferred tax liabilities ​ 6,171,756 ​ 5,718,489 5,337,001 Net deferred tax liability ​ $ 3,841,475 ​ 3,874,980 3,904,493 ​ d) Unrecognized deferred tax liabilities Deferred taxes related to investments in subsidiaries have not been recognized as the Company is able to control the moment of the reversal of the temporary difference, and the reversal is not expected to take place in the foreseeable future. Deferred income tax on investments in subsidiaries not recognized as of December 31, 2021, 2020 and 2019 amounts to $1,414,628, $1,802,451 and $1,919,720, respectively. The Company’s policy has been to distribute accounting profits when the respective taxes have been paid and in the case of foreign profits, such tax may be duly credited in Mexico. e) Movement in temporary differences during the fiscal year ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Acquired or/ ​ ​ ​ ​ ​ ​ ​ Recognized ​ Recognized ​ ​ ​ ​ January 1, ​ in profit ​ directly in ​ December 31, ​ 2021 and loss equity 2021 Accounts payable ​ $ (1,092,883) (889,150) (737) (1,982,770) Employee benefits ​ (199,087) (41,472) 7,032 (233,527) PTU payable ​ (17,727) (69,802) — (87,529) Tax loss carryforwards ​ (667,289) (258,865) (23,576) (949,730) Other provisions ​ (137,854) 19,020 (4,615) (123,449) Goodwill ​ 5,147 4,293 425 9,865 Intangible assets ​ 188,919 (14,891) 4,328 178,356 Inventories ​ 1,820,929 443,845 6,489 2,271,263 Accounts receivable ​ 497,655 96,099 — 593,754 Property, plant and equipment ​ 2,913,526 105,961 8,668 3,028,155 Prepaid expenses ​ ​ 289,716 663,466 — 953,182 Derivative financial instruments ​ 11,994 ​ 2,293 ​ — ​ 14,287 Tax incentives to be credited in the United States of America ​ ​ — ​ (45,386) ​ — ​ (45,386) Other items ​ ​ — ​ 1,606 ​ (341) ​ 1,265 Net deferred tax liability ​ $ 3,613,046 17,017 (2,327) 3,627,736 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Acquired or/ ​ ​ ​ ​ ​ ​ ​ Recognized ​ Recognized ​ ​ ​ ​ January 1, ​ in profit ​ directly in ​ December 31, ​ 2020 and loss equity 2020 Accounts payable ​ $ (1,099,903) 8,163 (1,143) (1,092,883) Employee benefits ​ (164,060) (35,027) — (199,087) PTU payable ​ (26,020) 8,293 — (17,727) Tax loss carryforwards ​ (327,935) (314,628) (24,726) (667,289) Interest carryforwards ​ - 1,551 (1,551) - Other provisions ​ (62,767) (74,804) (283) (137,854) Goodwill ​ 584 4,371 192 5,147 Intangible assets ​ 190,900 (12,248) 10,267 188,919 Inventories ​ 1,695,684 114,135 11,110 1,820,929 Accounts receivable ​ 445,198 52,457 — 497,655 Property, plant and equipment ​ 2,666,752 177,372 69,402 2,913,526 Prepaid expenses ​ 336,985 ​ (47,269) ​ — ​ 289,716 Derivative financial instruments ​ ​ 3,803 8,191 — 11,994 Net deferred tax liability ​ $ 3,659,221 ​ (109,443) ​ 63,268 ​ 3,613,046 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Acquired or/ ​ ​ ​ ​ ​ ​ ​ Recognized ​ Recognized ​ ​ ​ ​ January 1, ​ in profit ​ directly in ​ December 31, ​ 2019 and loss equity 2019 Accounts payable ​ $ (1,511,013) 410,152 958 (1,099,903) Employee benefits ​ (53,398) (197,728) 87,107 (164,019) PTU payable ​ (20,536) (5,484) — (26,020) Tax loss carryforwards ​ (59,883) (273,479) 5,427 (327,935) Other provisions ​ (78,230) 15,436 27 (62,767) Goodwill ​ (3,879) 4,391 72 584 Intangible assets ​ ​ 233,749 (34,220) (8,629) 190,900 Inventories ​ 1,639,156 64,120 (7,592) 1,695,684 Accounts receivable ​ 366,825 78,373 — 445,198 Property, plant and equipment ​ 2,503,223 184,454 (20,966) 2,666,711 Prepaid expenses ​ 647,480 (310,495) — 336,985 Derivative financial instruments ​ — 3,803 — 3,803 Net deferred tax liability ​ $ 3,663,494 (60,677) 56,404 3,659,221 ​ f) Tax on assets and tax loss carryforwards As of December 31, 2021, tax loss carryforwards expire as shown below. Amounts are indexed for inflation as permitted by Mexican income tax law: ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount as of December 31, 2021 ​ ​ Tax loss ​ Year of expiration / Year carryforwards maturity 2017 ​ $ 57,372 2027 2018 ​ 204,879 2028 2019 ​ ​ 1,285,521 ​ 2029 2020 ​ ​ 1,584,611 ​ 2030 2021 ​ ​ 1,050,678 ​ 2031 ​ ​ $ 4,183,061 ​ ​ ​

Employee benefits

Employee benefits	12 Months Ended
	Dec. 31, 2021
Employee benefits.
Employee benefits	(22) Employee benefits a) Employee benefits in Mexico Defined contribution plans The Company has a defined contribution plan which receives contributions from both the employees and the Company. Employees can make contributions from 1% to 5% of their wage and the Company is obligated to make contributions as follows: i) 20% of employee contributions for employees with 1 - 4.99 years of service, ii) 40% of employee contributions for employees with 5 – 9.99 years of service, and iii) 100% matching contributions for employees with 10 or more years of service or when the employee reaches 40 years of age, regardless of the years of service. When an employee retires from the Company he/she has the right to receive the contribution he/she has made to the plan, and i) if the employee retires between the first and the 4.99 year of services, he/she does not have the right to receive the contribution made by the Company, ii) if he/she retires on the fifth year of services he/she has the right to receive 50% of the contributions made by the Company and, for each additional service year, the employee has the right to receive an additional 10% of the contributions made by the Company. During 2021, 2020 and 2019 there were not the expenses for paid contributions to defined contribution plans, other than those mandated by Mexican law. The Company makes payments equivalent to 2% of the integrated wage of its workers to the defined contribution plan for the retirement saving fund system established by Mexican law. The expense for this concept was $84,093, $72,121 and $66,134, in 2021, 2020 and 2019, respectively. Defined benefits plan The Company has a defined benefit pension plan covering non-unionized personnel in Mexico. The benefits are based on the age, years of service and the employee’s payment. The retirement age is 65 years, with a minimum of 10 years of services, and there is an option for an anticipated retirement option, in certain circumstances, at 55 years of age. The Company’s policy to fund the pension plan is to make contributions up to the maximum amount that can be deducted for ISR. According to the Mexican Federal Labor Law, the Company is obligated to pay a seniority premium as a retirement benefit if an employee retires and has of least 15 years of services, which consists of a sole payment of 12 days for each worked year based on the last wage, limited to the two minimal wages established by law. The Company recognizes constructive obligations from past practices. Such constructive obligations are associated with service time the employee has worked for the Company. The payment of this benefit is disbursed in a single installment at the time the employee voluntarily stops working for the Company. As of 2021 this constructive obligation no longer exists, the accounting effect is recognized net in the result of the year. The plans in Mexico expose the Company to actuarial risks such as interest rate risk, longevity risk and salary risk: ​ Interest risk A decrease in the interest rate for the governmental bonds will increase the plan’s liability. Longevity risk The present value of the defined benefit plan liability is calculated by reference to the best estimate of the mortality of plan participants both during and after their employment. An increase in the life expectancy of the plan participants will increase the plan’s liability. Salary risk The present value of the defined benefit plan liability is calculated by reference to the future salaries of plan participants. As such, an increase in the salary of the plan participants will increase the plan’s liability. ​ The projected net liability presented on the consolidated statements of financial position is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Present value of unfunded obligations ​ $ 656,252 ​ 592,294 487,810 Present value of funded obligations ​ 121,643 ​ 163,651 148,392 Total present value of benefit obligations ("PBO") ​ 777,895 ​ 755,945 636,202 Plan assets at fair value ​ (121,643) ​ (163,651) (148,392) Projected liability, net ​ $ 656,252 ​ 592,294 487,810 ​ i. Composition and return of plan assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Actual return of the plan assets ​ Composition of the plan assets ​ 2021 2020 2019 2021 2020 2019 Fixed income securities 5.90 % 11.28 % 12.67 % 58 % 63 % 62 % Variable income securities 21.55 % 9.47 % 15.65 % 42 % 37 % 38 % Total 100 % 100 % 100 % ​ ii. Movements in the present value of PBO ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 PBO as of January 1 ​ $ 755,945 ​ 636,202 500,072 Benefits paid by the plan ​ (27,743) ​ (78,149) (54,932) Service cost ​ 25,890 ​ 38,987 30,108 Interest cost ​ 33,115 ​ 53,343 50,421 Actuarial losses recognized in other comprehensive income ​ 6,497 ​ 105,562 110,533 Past service cost – plan amendments ​ (15,809) ​ — — PBO as of December 31 ​ $ 777,895 ​ 755,945 636,202 ​ iii. Movements in the fair value of plan assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Plan assets at fair value as of January 1 ​ $ 163,651 ​ 148,392 197,247 Transfer of assets to fund defined contribution benefit plan ​ — ​ — (39,079) Benefits paid by the plan ​ (56,287) ​ — (32,027) Expected return on plan assets ​ 13,260 ​ 13,678 19,615 Actuarial profits in other comprehensive income ​ 1,019 ​ 1,581 2,636 Fair value of plan assets as of December 31 ​ $ 121,643 ​ 163,651 148,392 ​ iv. Expense recognized in profit and loss ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Current service cost ​ $ 25,890 ​ 38,987 30,108 Interest cost, net ​ 19,855 ​ 39,665 30,806 ​ ​ $ 45,745 ​ 78,652 60,914 ​ v. Actuarial gains and (losses) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Amount accumulated as of January, 1 ​ $ (383,126) ​ ​ (279,144) (171,247) Recognized during the year ​ (5,478) ​ (103,982) (107,897) Amount accumulated as of December, 31 ​ $ (388,604) ​ ​ (383,126) (279,144) ​ vi. Actuarial assumptions Primary actuarial assumptions at the consolidated financial statements date (expressed as weighted averages) are as follows. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Discount rate as of December, 31 9.50 % 7.75 % 8.75 % Rate for future salary increases 4.50 % 4.50 % 4.50 % Social security wage increase rate 3.50 % 3.50 % 3.50 % ​ The assumptions related to mortality are based on statistics and experiences over the Mexican population. The average expected life of an individual that retires at 65 years of age is 17.13 years for men and 10.92 years for women (Experience Chart of Demographic Mortality for Active EMSSA 1997). vii. Historical information ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Present value of defined benefit obligation ​ $ 777,895 ​ 755,945 636,202 Plan assets at fair value ​ (121,643) ​ (163,651) (148,392) Plan deficit ​ $ 656,252 ​ 592,294 487,810 Experience adjustments arising from plan liabilities ​ $ (6,497) ​ (105,562) (110,533) Experience adjustments arising from plan assets ​ $ 1,019 ​ 1,581 2,636 ​ viii. Sensitivity analysis of the defined benefits obligations as of December 31, 2021, 2020 and 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pension Seniority Constructive Total 2021 ​ plan ​ premium ​ obligation ​ PBO Discount rate 9.50% ​ $ (551,682) (226,213) — (777,895) Rate increase (+ 1%) $ (541,855) (222,957) — (764,812) Rate decrease (- 1%) $ (561,819) (229,562) — (791,381) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pension Seniority Constructive Total 2020 ​ plan ​ premium ​ obligation ​ PBO Discount rate 7.75% $ (531,251) ​ (203,282) ​ (21,412) ​ (755,945) Rate increase (+ 1%) $ (511,884) ​ (200,058) ​ (21,209) ​ (733,151) Rate decrease (- 1%) $ (554,180) ​ (206,605) ​ (21,619) ​ (782,404) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pension Seniority Constructive Total 2019 ​ plan ​ premium ​ obligation ​ PBO Discount rate 8.75% ​ $ (442,133) ​ (173,401) ​ (20,668) ​ (636,202) Rate increase (+ 1%) $ (434,134) ​ (170,812) ​ (20,490) ​ (625,436) Rate decrease (- 1%) $ (450,391) ​ (176,067) ​ (20,852) ​ (647,310) ​ ix. Expected cash flows ​ ​ ​ ​ ​ ​ Total 2022-2031 ​ $ 776,766 ​ x. Future contributions to the defined benefits plan The Company does not expect to make contributions to the defined benefit plans in the following financial year. b) Foreign employee benefits Defined contribution plans Bachoco USA, LLC. (foreign subsidiary) has a defined contribution retirement 401(k) plan, covering all employees who meet certain eligibility requirements. The Company contributes to the plan at the rate of 50% of employee’s contributions up to a maximum of 2% of the individual employee’s contribution. The cumulative contribution expense for this plan was $28,825, $16,418 and $14,919 for the year ended December 31, 2021, 2020 and 2019, respectively. Equity-based compensation Bachoco USA, LLC. has a deferred payment agreement with certain key employees. Amounts payable under this plan are vested after 10 years from the date of the agreement. The benefit value of each unit is equal to the increase in the initial book value from the date of the agreement to the conclusion of the vesting period. Under the agreement, 26,000 units were outstanding as of December 31, 2021, 2020 and 2019, all of which were fully vested. The total liability under this plan totaled $48,887, $44,994 and $32,874 as of December 31, 2021, 2020 and 2019, respectively. The expense recognized for this plan for the year ended December 31, 2021, 2020 and 2019 was $2,505, $4,678 and $1,772, respectively. c) PTU Industrias Bachoco, S.A.B de C.V. has no employees. Each of the subsidiaries of the Company that has employees in Mexico is required under Mexican laws to pay employees, in addition to their payment and benefits, statutory employee profit sharing in an aggregate amount equal to 10% of each subsidiary’s taxable income. The accrued liability as of December 31, 2021, 2020 and 2019 is shown in note 19, Trade payable and other accounts payable.

Costs and expenses by nature

Costs and expenses by nature	12 Months Ended
	Dec. 31, 2021
Costs and expenses by nature
Costs and expenses by nature	(23) Costs and expenses by nature ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Cost of sales ​ $ 68,356,654 ​ 57,707,566 51,557,351 General, selling and administrative expenses ​ 7,127,780 ​ 6,420,397 6,116,620 ​ ​ $ 75,484,434 ​ 64,127,963 57,673,971 ​ ​ ​ ​ ​ ​ ​ ​ Inventory consumption ​ $ 54,103,917 ​ 44,747,933 39,823,395 Wages and salaries ​ 9,735,452 ​ 8,507,124 7,561,229 Freight ​ 5,428,050 ​ 5,037,768 5,047,007 Maintenance ​ 2,340,899 ​ 2,006,848 1,715,820 Other utility expenses ​ 1,800,952 ​ 1,402,459 1,595,993 Depreciation ​ 1,393,097 ​ 1,590,303 1,265,391 Depreciation of right-of-use assets ​ ​ 343,367 ​ 307,757 ​ 302,804 Leases (1) ​ 156,612 ​ 119,592 96,825 Other ​ 182,088 ​ 408,179 265,507 Total ​ $ 75,484,434 ​ 64,127,963 57,673,971 ​ (1) Leasing expense in 2021, 2020 and 2019 includes contracts classified as low value or those with terms less than twelve months.

Leases

Leases	12 Months Ended
	Dec. 31, 2021
Leases
Leases	(24) Leases a) As of December 31, 2021, 2020 and 2019, the leased assets with recognized right of use are comprised as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ ​ Balance as of ​ ​ January 1, ​ ​ ​ Modifications ​ Anticipated ​ December 31, Right-of-use assets ​ 2021 ​ Additions ​ and disposal ​ termination ​ 2021 Buildings and construction ​ $ 469,387 42,249 (3,949) 43,145 550,832 Machinery and equipment ​ 447,424 52,143 4,343 125,251 629,161 Transportation equipment ​ 349,208 24,595 (1,818) 68,132 440,117 Computer equipment ​ 19,392 3,603 (1,492) (2,600) 18,903 Total ​ $ 1,285,411 122,590 (2,916) 233,928 1,639,013 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Balance as of ​ Depreciation ​ Currency ​ December 31, Depreciation of right-of-use assets ​ January 1, 2021 ​ for the year ​ translation effect ​ 2021 Buildings and construction $ (153,987) (114,957) (1,632) (270,576) Machinery and equipment ​ (236,330) (121,266) (2,222) (359,818) Transportation equipment ​ (206,627) (102,245) (6,186) (315,058) Computer equipment ​ (9,622) (4,899) 1,170 (13,351) Total $ (606,566) (343,367) (8,870) (958,803) Total right-of-use assets $ 678,845 680,210 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Balance as of ​ ​ January 1, ​ ​ ​ Modifications ​ December 31, Right-of-use assets ​ 2020 ​ Additions ​ and disposal ​ 2020 Buildings and construction ​ $ 380,011 101,272 (11,896) 469,387 Machinery and equipment ​ 447,179 39,020 (38,775) 447,424 Transportation equipment ​ 283,332 4,767 61,109 349,208 Computer equipment ​ 15,014 2,572 1,806 19,392 Total ​ $ 1,125,536 147,631 12,244 1,285,411 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ Currency Balance as of ​ ​ January 1, ​ Depreciation ​ translation ​ December 31, Depreciation of right-of-use assets ​ 2020 ​ for the year ​ effect ​ 2020 Buildings and construction ​ $ (97,736) (58,148) 1,897 (153,987) Machinery and equipment ​ (116,391) (119,740) (199) (236,330) Transportation equipment ​ (84,120) (126,211) 3,704 (206,627) Computer equipment ​ (4,557) (3,658) (1,407) (9,622) Total ​ $ (302,804) (307,757) 3,995 (606,566) Total right-of-use assets ​ $ 822,732 678,845 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Balance as of ​ ​ ​ December 31, Right-of-use assets ​ January 1 ​ Additions ​ 2019 Buildings and construction ​ $ 320,528 59,483 380,011 Machinery and equipment ​ 370,410 76,769 447,179 Transportation equipment ​ 219,132 64,200 283,332 Computer equipment ​ 12,340 2,674 15,014 Total ​ $ 922,410 203,126 1,125,536 ​ ​ ​ ​ ​ ​ Balance as of ​ ​ December 31, Depreciation of right-of-use assets ​ 2019 Buildings and construction ​ $ (97,736) Machinery and equipment ​ (116,391) Transportation equipment ​ (84,120) Computer equipment ​ (4,557) Total ​ $ (302,804) Total right-of-use assets ​ $ 822,732 ​ b) The movements in liabilities for these lease contracts were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as ​ ​ ​ ​ ​ Currency Balance as of ​ ​ of January ​ ​ Modifications ​ Anticipated ​ ​ Interest translation December Lease liabilities ​ 1, 2021 ​ Additions ​ and disposals ​ termination ​ Payment ​ paid effect 31, 2021 Buildings and construction $ 310,014 42,249 (3,953) 77,022 (129,306) 15,414 (11,806) 299,634 Machinery and equipment ​ 238,650 52,143 4,359 105,831 (128,212) 11,779 (33,421) 251,129 Transportation equipment ​ 162,392 24,595 (1,835) 20,287 (96,167) 4,415 (19,966) 93,721 Computer equipment ​ 8,655 3,603 — 919 (5,302) 240 (1,119) 6,996 Total $ 719,711 122,590 (1,429) 204,059 (358,987) 31,848 (66,312) 651,480 Current Lease liabilities ​ (278,981) — — — — — (828) (279,809) Long term lease liabilities $ 440,730 122,590 (1,429) 204,059 (358,987) 31,848 (67,140) 371,671 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ ​ ​ ​ Currency Balance as of ​ ​ January 1, ​ ​ ​ Modifications ​ ​ ​ Interest ​ translation ​ December 31, Lease liabilities ​ 2020 ​ Additions and disposals ​ Payment ​ paid ​ effect ​ 2020 Buildings and construction ​ $ 280,277 101,272 ​ 31,213 (121,909) 17,903 1,258 310,014 Machinery and equipment ​ 308,710 39,020 ​ (19,990) (143,240) 26,143 28,007 238,650 Transportation equipment ​ 204,258 4,767 ​ 57,473 (115,851) 9,228 2,517 162,392 Computer equipment ​ 9,805 2,572 ​ 1,560 (5,710) 365 63 8,655 Total ​ $ 803,050 147,631 ​ 70,256 (386,710) 53,639 31,845 719,711 Current Lease liabilities ​ (149,538) (123,276) ​ — — — (6,167) (278,981) Long term lease liabilities ​ $ 653,512 24,355 ​ 70,256 (386,710) 53,639 25,678 440,730 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ ​ Currency Balance as ​ ​ January 1, ​ ​ ​ ​ ​ Interest ​ translation ​ of December Lease liabilities ​ 2019 ​ Additions ​ Payment ​ paid ​ effect ​ 31, 2019 Buildings and construction ​ $ 320,528 59,297 (113,097) 17,423 (3,874) 280,277 Machinery and equipment ​ 370,410 63,662 (124,435) 11,933 (12,860) 308,710 Transportation equipment ​ 219,132 64,129 (82,381) 8,070 (4,692) 204,258 Computer equipment ​ 12,340 2,674 (5,294) 371 (286) 9,805 Total ​ $ 922,410 189,762 (325,207) 37,797 (21,712) 803,050 Current Lease liabilities ​ — — — — — (149,538) Long term lease liabilities ​ $ — — — — — 653,512 ​ c) The detail of the maturity of the long-term lease liabilities is shown below: ​ ​ ​ ​ ​ 2023 $ 213,141 2024 ​ 78,918 2025 ​ 32,571 Subsequent ​ 47,041 ​ ​ $ 371,671 ​ d) During 2021, 2020 and 2019, an amount of $37,996, $36,153 and $19,116 was charged as expense for rental contracts with a term of less than one year and $118,616, $83,439 and $77,709 for rental contracts with insignificant amounts, a total of $156,612, $119,592 and $96,825, respectively (note 23).

Stockholder's equity and reserv

Stockholder's equity and reserves	12 Months Ended
	Dec. 31, 2021
Stockholder's equity and reserves
Stockholder's equity and reserves	(25) Stockholders’ equity and reserves a) Capital risk management An adequate capital risk management allows ongoing business continuity and the maximization of the return towards the Company’s investors, which is why the Company has taken actions that ensure the Company maintains an adequate balance of the funding sources that build its capital structure. Within its activities in risk management, the Company ensures that the ratio between financial debt and EBITDA of the last 12 months does not exceed 2.75 times and that the interest coverage ratio is at least 3 to 1. During 2021, 2020 and 2019 these ratios were below the thresholds established by the Company’s Risk Committee. b) Common stock and premiums As of December 31, 2021, 2020 and 2019, the Company’s capital stock is represented by 600,000,000 Series “B” registered shares with a par value of $1 peso per share. The Robinson Bours family owned 439,500,000 shares through two family trusts: the placement trust and the control trust, which collectively represented 73.25% of the Company’s total shares. The remaining 26.75% represents the floating position: ​ ​ ​ ​ ​ ​ ​ ​ Shareholding integration ​ ​ as of December 31, 2021, ​ ​ ​ 2020 and 2019 ​ Shares (1) Position ​ Familiar Trusts 439,500,000 73.25 % - Control Trust 312,000,000 52.00 % - Placement Trust 127,500,000 21.25 % Floating Position (2) 160,500,000 26.75 % ​ (1) All Series B shares with voting power. (2) Operating at the BMV and the NYSE. ​ Based on the information provided to the Company, as of December 31, 2021, stockholders with 1% or more interest in the Company, in addition to the family trusts, are as follows: ​ ​ ​ ​ ​ ​ ​ Shares Position GBM Fondo de Inversión Total, S.A. de C.V. 12,908,807 2.15 % Norges Bank Investment Management (Norway) ​ 8,488,994 ​ 1.41 % Renaissance Technologies LLC ​ 7,749,588 ​ 1.29 % Tweedy, Browne Company LLC ​ 6,736,874 ​ 1.12 % ​ c) Other comprehensive income items i. Foreign currency translation reserve This concept is related to the translation of the Company’s U.S. operations from their functional currency (U.S. dollar) to the reporting currency, the Mexican peso. ii. Actuarial remeasurements Actuarial remeasurements are recognized as other components of comprehensive income and are related to variations in actuarial assumptions that generate actuarial gains or losses as well as adjust the actual yields from plan assets from the net interest cost calculated over the net defined benefits liability balance. Actuarial remeasurements are presented net of income tax within other comprehensive income in the consolidated statement of changes in stockholders’ equity, the amount of these actuarial remeasurements net of taxes as of December 31, 2021, 2020 and 2019 amounts to $272,527, $268,692 and $195,905, which includes a deferred tax effect of $116,074, $114,430 and $83,236, respectively. iii. Derivatives classified as hedging instruments Derivatives classified as hedging instruments, are a hedge of the exposure to the variability of cash flows that is attributable to a particular risk associated with a recognized asset or liability or a forecasted transaction that may affect the income statement. A cash flow hedge, which meets all the hedging criteria, is accounted for as follows: ● A portion of the gain or loss of the hedging instrument that is determined to be effective is recognized in other comprehensive income; and ● The ineffective portion of the gain or loss of the hedging instrument is recognized immediately in the income statement. The amount of cash flow hedges as of December 31, 2021, 2020 and 2019 amounts to $49,751, $267,352 and $19,771, respectively. d) Reserve for repurchase of shares In 1998, the Company approved a stock repurchase plan in conformity with the Mexican Securities Trading Act and created a reserve for that purpose of $180,000 charged to retained earnings in such year. On April 28, 2021, pursuant to a resolution at the General Ordinary Stockholders’ Meeting, an amount of $1,224,000 was approved to be used in the reserve for acquisition own shares. The following table shows the movements of the reserve for acquisition of shares during the years ended December 31, 2021, 2020 and 2019: ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Balance as of January 1 152,768 100,396 86,928 (+) Total shares purchased 649,543 212,860 133,488 (-) Total shares sold (182,768) (160,488) (120,020) Balance as of December 31 619,543 152,768 100,396 ​ The net amount of repurchase and treasury share sale transactions was of ($32,331), ($3,509) and ($1,474), during the years ended December 31, 2021, 2020 and 2019, respectively. As of December 31, 2021, the Company has 619,543 treasury shares. e) Dividends During the years ended December 31, 2021, 2020 and 2019, the Company has declared and paid the following dividends: On April 28, 2021, the Company declared a payment of dividends in cash at nominal value of $851,619 or $1.42 pesos per outstanding share. The payment was made in two equal installments, on May 19 and July 14, 2021. On April 22, 2020, the Company declared a payment of dividends in cash at nominal value of $791,744 or $1.32 pesos per outstanding share. The payment was made in two equal installments, on May 12 and July 7, 2020. On April 24, 2019, the Company declared a payment of dividends in cash at nominal value of $840,000 or $1.40 pesos per outstanding share. The payment was made in two equal installments, on May 14 and July 9, 2019. Dividends that the Company pays to stockholders are subject to ISR solely insofar as such dividends exceed the balance in its net tax income account (“CUFIN”) consisting of income in which ISR is already paid by the Company. The ISR paid on dividends corresponds to a tax payable by legal entities and not by individuals. However, as a result of changes to the income tax law described in note 20(a), beginning on January 1, 2014, a new withholding tax of 10% for resident individuals in Mexico and for all residents in foreign countries who receive dividends from entities was established. Such tax is considered a withholding tax by the entity that pays the dividends. This tax will be applicable only to the income generated from period 2014. Thus, the Company must update its CUFIN from income generated up to December 31, 2013 and must calculate a new CUFIN with the income generated from January 1, 2014. The Company obtains most of its revenue and net income from BSACV BSACV BSACV f) Tax balances of stockholders’ equity ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as Balance ​ CUFIN 2013 from 2014 Total IBSA individual ​ $ 5,858,638 11,676,526 17,535,164 IBSA Consolidated ​ 6,189,929 26,957,219 33,147,148 ​ The restated amount as of December 31, 2021, on tax bases of the contributions made by stockholders (“CUCA”), totaling $3,382,568, may be refunded to them tax-free, to the extent that such amount is the same or higher than equity.

Earnings per share

Earnings per share	12 Months Ended
	Dec. 31, 2021
Earnings per share
Earnings per share	(26) Earnings per share The basic and diluted earnings share the The average weighted number of common outstanding in 2021, 2020 and 2019 was 599,730,270, 599,818,022 and 599,971,832 shares, respectively. The Company has no ordinary shares with potential dilutive effects.

Commitments

Commitments	12 Months Ended
	Dec. 31, 2021
Commitments.
Commitments	(27) Commitments ● Bachoco USA, LLC has self-insurance programs for health care costs and workers’ payments. The subsidiary is liable for health care claims up to $7,179 ( 350 thousand dollars) each year per plan participant and workers’ payments claims up to $20,510 ( 1,000 thousand dollars) per event. Self-insurance costs are recorded based on the aggregate of the liability for reported claims and an estimated liability for claims incurred but not reported. The provision for this concept is recorded in the accompanying consolidated statement of financial position within current liabilities amounting to $107,842 ( 5,258 thousand dollars), $89,576 ( 4,490 thousand dollars) and $81,737 ( 4,327 thousand dollars) as of December 31, 2021, 2020 and 2019, respectively. Additionally, the consolidated statement of comprehensive income includes expenses relating to self-insurance plans of $188,413 ( 9,286 thousand dollars), $164,356 ( 7,648 thousand dollars) and $126,376 ( 6,565 thousand dollars) for the years ended December 31, 2021, 2020 and 2019, respectively. The Company is required to maintain letters of credit on behalf of the subsidiary of $59,479 ( 2,900 thousand dollars) during 2021, $57,855 ( 2,900 thousand dollars) during 2020 and $54,781 ( 2,900 thousand dollars) during 2019, to secure self-insured workers’ payments. ● The Company has entered into grain supply agreements with third parties as part of the regular course of its operations. ● The Company has entered into certain contracts with suppliers under which advanced payments are rendered in order to assure the supply of materials and services.

Contingencies

Contingencies	12 Months Ended
	Dec. 31, 2021
Contingencies.
Contingencies	(28) Contingencies a) Insurance The Company has established a risk management program under a best practices methodology that assures the main risks of the business with the objective of reducing losses due to relevant claims. The Company set up a captive reinsurance company to complement its risk management strategy. Notwithstanding the foregoing, since all the exposures are not covered, there is a risk that the loss or destruction of certain assets may have a significant adverse effect on the Company’s operations and financial situation. b) Lawsuits The Company is involved in a number of lawsuits and claims arising from the regular course of business. In the opinion of the Company’s Management, they are not expected to have significant effects on the Company’s financial position, operating results and future consolidated statements of cash flows. c) Tax contingencies In accordance with tax laws, Mexican authorities are empowered to review transactions carried out during the five years prior to the most recent ISR return filed. For the operations in the United States of America, the authorities of that country are empowered to review transactions carried out during the three years prior to the due date of the most recent annual tax return. The Company has not identified factors that may indicate the existence of a contingency.

Financial income and costs

Financial income and costs	12 Months Ended
	Dec. 31, 2021
Financial income and costs
Financial income and costs	(29) Financial income and costs ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Interest income ​ $ 591,046 ​ 698,962 988,005 Income from interest in accounts receivable ​ 6,564 ​ 7,024 3,627 Foreign exchange gain, net ​ 519,796 ​ 467,534 — Financial income ​ 1,117,406 ​ 1,173,520 991,632 ​ ​ ​ ​ ​ ​ Effects of valuation of derivative financial instruments ​ ​ (1,541) ​ (291) ​ (8,029) Foreign exchange loss, net ​ — ​ — (272,220) Interest expense and financial expenses on financial debt ​ ​ (104,179) ​ (159,169) ​ (250,820) Interest paid on lease ​ (31,848) ​ (53,639) (37,797) Other financial expenses ​ ​ (129,955) ​ (78,230) ​ (41,502) Financial costs ​ (267,523) ​ (291,329) (610,368) Financial income, net ​ $ 849,883 ​ 882,191 381,264 ​

Other (expenses) income

Other (expenses) income	12 Months Ended
	Dec. 31, 2021
Other (expenses) income
Other (expenses) income	(30) Other expenses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Other income ​ ​ Sale of scrap of biological assets, raw materials, by-products and other ​ $ 1,076,605 ​ 866,027 1,203,836 Bargain purchase gain of domestic business acquisition (note 4) ​ — ​ 90,889 — Total other income ​ 1,076,605 ​ 956,916 1,203,836 Other expenses ​ ​ ​ ​ ​ Cost of disposal of biological assets, raw materials, by-products and other ​ (910,366) ​ (825,415) (944,848) Other ​ (489,018) ​ (494,028) (263,722) Total other expenses ​ (1,399,384) ​ (1,319,443) (1,208,570) Total other expenses, net ​ $ (322,779) ​ (362,527) (4,734) ​

Subsequent events

Subsequent events	12 Months Ended
	Dec. 31, 2021
Subsequent events
Subsequent events	(31) Subsequent events a) Business acquisition agreement On January 24, 2022 the Company acquired 100% of the shares of RYC Alimentos “RYC”, it is dedicated to multiprotein processing and marketing with production centers in the state of Puebla, Mexico; transaction that was approved by Federal Economic Competition Commission (COFECE, for its Spanish acronym). The purchase price was $1,251,516. The agreement contemplates the acquisition of 2 plants located in Puebla, Puebla, as well as its scheme of approximately 21 stores located in 4 states of the Mexican Republic (Puebla, Oaxaca, Veracruz and Tlaxcala). At the date of the consolidated financial statements, the Company is still in the process of determining the fair value of the net assets acquired in accordance with the requirements of IFRS 3. b) Intention to launch Tender Offer for Bachoco’s Shares On March 25, 2022, the Company announces that a vehicle (the “Offeror”) in which current shareholders of the Robinson Bours family participate, communicated to Bachoco’s Board of Directors its intention to initiate the process to launch a voluntary tender offer for up to all of the outstanding shares of Bachoco, including shares represented by American Depositary Receipts (ADRs), which are not owned directly or indirectly by such shareholders or their affiliates, representing approximately 27% of the outstanding capital of Bachoco. The tender offer will be subject to various corporate and regulatory requirements, including registration before the Mexican Securities, Exchange Commission, filing with the US Securities and Exchange Commission and the authorization of the Board of Directors of Bachoco. This offer, as of the date of these consolidated financial statements, has not started and no formal document has been filed on it. Subsequent to the tender offer closing, the offeror intends to delist the outstanding shares on the markets where its shares are listed, including the New York Stock Exchange and the Bolsa Mexicana de Valores, and to deregister the shares under the US Securities Exchange Act of 1934, as amended. ​ c) Russia-Ukraine conflict ​ On February 24, 2022, a large-scale military invasion of Ukraine by Russian troops was reported. Although the duration and impact of the ongoing military conflict are highly unpredictable, the conflict in Ukraine could lead to market disruptions, including significant volatility in commodity prices, credit and capital markets, increased energy and other input costs, and supply chain disruptions. We continue to monitor the situation in Ukraine and globally and assess its potential impact on our business.

Significant accounting polici_2

Significant accounting policies (Policies)	12 Months Ended
	Dec. 31, 2021
Significant accounting policies
Basis of consolidation	a) Basis of consolidation i. Subsidiaries Subsidiaries are entities controlled by the Company. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control is lost (see note 5). The consolidated financial statements include the financial statements of the subsidiary companies up to December 31 of each year. Control is achieved when the Company: ● Has power over the investee ● It is exposed, or has rights, to variable returns derived from its participation in the investee ● Has the ability to use his power to affect his returns Profits and losses of subsidiaries acquired or sold during the year are included in the consolidated statements of profit and loss and other comprehensive income from the acquisition date to the disposal date. Where necessary, the financial statements of subsidiaries are adjusted to align their accounting policies with the Company’s consolidated accounting policies. ii. Transactions eliminated in consolidation Intercompany balances and transactions, and any unrealized gains and losses arising from transactions between consolidated companies have been eliminated in preparing these consolidated financial statements. iii. Non-controlling interest Non-controlling interests in subsidiaries are identified separately from the Company's capital in them. Non-controlling shareholders' interests that are current ownership interests that entitle their holders to a proportionate share of the net assets at liquidation may be initially measured at fair value or the proportionate share of non-controlling interest in the fair value of the identifiable net assets of the acquiree. The choice of measure is made acquisition by acquisition. Other non-controlling interests are initially measured at fair value. Post-acquisition, the carrying amount of non-controlling interests is the amount of those interests at initial recognition plus the participation of non-controlling interests in subsequent changes in capital. Total comprehensive income is attributed to non-controlling interests even if this results in non-controlling interests having a negative balance. iv. Business combinations Business combinations are accounted for using the acquisition method. For each business combination, any non-controlling interest in the acquiree is valued either at fair value or according to the proportionate interest in the acquiree’s identifiable net assets. In a business combination, the identifiable assets acquired and the liabilities assumed are recognized at their fair value on the date of acquisition, except that: ● Deferred tax assets or liabilities and assets or liabilities related to employee benefit agreements are recognized and measured in accordance with IAS 12 and IAS 19, respectively. ● Liabilities or equity instruments related to share. The acquiree's payment agreements or the Company's share-based payment agreements entered into to replace the acquiree's share-based payment agreements, are measured in accordance with IFRS 2 in the acquisition date. ● Assets (or groups of assets) that are classified as held for sale in accordance with IFRS 5 are measured in accordance with that standard. Goodwill is originally valued at cost and represents any excess of the transferred consideration over the net assets acquired and liabilities assumed. If the net amount of identifiable acquired assets and assumed liabilities as of the acquisition date exceeds the sum of the consideration transferred, the amount of any non-controlling interest in the acquired entity and the fair value of the prior shareholding of the acquirer in the acquired entity (if any), any excess is immediately recognized in the consolidated statement of profit and loss and other comprehensive income as a bargain purchase gain. Transaction costs, other than those associated with the issuance of debt or equity securities, that the Company incurs related to a business combination are expensed as incurred. The payable contingent considerations are measured at fair value at the acquisition date. If the contingent consideration is classified as equity, then it is not re-measured and settlement is accounted for within equity. Otherwise, subsequent changes in the fair value of the contingent consideration are recognized in profit and loss.
Foreign currency	b) Foreign currency i. Foreign currency transactions Transactions in foreign currencies are translated to the respective functional currencies of the Company at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies at the reporting date are translated to the functional currency at the exchange rate at that date. The foreign currency gain and loss on monetary items is the difference between amortized cost in the functional currency at the beginning of the period, adjusted for interest and principal payments during the period, and the amortized cost in foreign currency translated at the exchange rate at the end of the reporting period. Non-monetary items that are measured at historical cost in a foreign currency are translated using the exchange rate at the date of the transaction. ii. Translation of foreign operations Assets and liabilities, including goodwill and fair value adjustments arising on acquisition, of foreign operations whose functional currency differs from the reporting currency, are translated into Mexican pesos at the exchange rates at the reporting date. Income and expenses are translated to pesos at the average exchange rate of the period of the transactions. Foreign currency differences associated with translating foreign operations into the reporting currency (Mexican peso) are recognized in other comprehensive income and presented in the foreign currency translation reserve in stockholders’ equity. Exchange differences on monetary items receivable or payable to a foreign business, whose settlement is neither planned nor likely to occur in the foreseeable future (therefore, they are part of the net investment in the business business), that are initially recognized in other comprehensive income and reclassified from equity to income when the total or partial disposal of the net investment is made. For the years ended December 31, 2021, 2020 and 2019 the Company did not enter into such transactions.
Financial instruments	c) Financial instruments i. Financial assets Classification of financial assets The Company classifies and measures its financial assets under the following criteria: ● ● ● Recognition and derecognition of financial assets Assets are initially recognized on the date of the contract in which the Company becomes a member of the contractual provisions of the instruments and they are initially valued at their fair value. Transaction costs that are directly attributable to the acquisition or issuance of financial assets and liabilities (other than financial assets at fair value through profit or loss) are added to or reduced from the fair value of the financial assets or liabilities, where applicable, at initial recognition. Transaction costs directly attributable to the acquisition of financial assets and liabilities at fair value through profit or loss are recognized immediately in profit or loss. All regular purchases or sales of financial assets are recognized and derecognized on a trade date. Regular purchases or sales are purchases or sales of financial assets that require the delivery of assets within the period established by the regulation or usual practices in the market. All recognized financial assets are subsequently measured in full, either at amortized cost or fair value, according to the classification of financial assets. Financial assets of the Company include cash and cash equivalents, investment in securities at fair value through profit or loss and through other comprehensive income, derivative financial instruments and trade receivables. The Company initially recognizes accounts receivable and cash equivalents on the date that they arise. All other financial assets (including assets measured at fair value through profit and loss) are initially recognized on the trading date, which is the date that the Company becomes a party to the contractual provisions of the instrument. The Company derecognizes a financial asset when the contractual rights to cash flows from the asset expire, or it transfers the rights to receive the contractual cash flows in a transaction in which all the risks and rewards of ownership of the financial asset are substantially transferred. Financial assets and liabilities are offset and the net amount is presented in the consolidated statement of financial position solely if the Company has a legal right to offset the amounts and intends either to settle them on a net basis of financial assets and liabilities or otherwise realize the asset and settle the liability simultaneously. Cash and cash equivalents Cash and cash equivalents comprise cash balances and demand deposits or investments with original maturities of three months or less from the acquisition date, which are subject to an insignificant risk of changes in their fair value and are used by the Company in the management of its short-term commitments. Receivables Receivables are financial assets with fixed or determinable payments that are not quoted in an active market. Such assets are recognized initially at fair value plus any directly attributable transaction costs. Subsequent to initial recognition, receivables are measured at amortized cost. Receivables comprise trade, due from related parties and other receivables. Impairment of financial assets The Company evaluates whether its financial assets accounted for at amortized cost and at fair value through other comprehensive income are impaired on the basis of losses due to expected credit losses. The amount of expected credit losses is updated on each reporting date to reflect changes in credit risk since the initial recognition of the respective financial instrument. The Company recognizes lifetime expected credit losses for commercial accounts receivable, contract assets and accounts receivable for leases. The expected credit losses on these financial assets are estimated using a provision matrix based on the Company’s historical experience of credit losses, adjusted for factors that are specific to the debtors, the general economic conditions and Management’s assessment, of both the current and forecast conditions at the reporting date, including the time value of money when appropriate. For all other financial instruments, the Company recognizes the lifetime expected credit loss when there has been a significant increase in credit risk since the initial recognition. However, if the credit risk in the financial instrument has not increased significantly since the initial recognition, the Company measures the provision for losses for that financial instrument in an amount equal to the 12-month expected credit losses. The Company considers a significant increase in credit risk to have occurred when the financial investment asset’s credit rating falls to the level of speculation, or when the rating provided by external ratings agencies has decreased by more than 2 levels with respect to the level at which it was acquired. Additionally, the Company considers that default has occurred when a financial asset is more than 90 days past-due, unless there is reasonable and reliable information demonstrating that a later default criterion is more appropriate. ii. Financial liabilities Debt and/or equity instruments are classified as financial liabilities or as equity according to the substance of the contractual agreement and the definitions of liability and equity. All financial instrument liabilities are initially recognized on the trade date, which is the date that the Company becomes a party to the contractual provisions of the instrument. The Company derecognizes a financial instrument liability when its contractual obligations are met, cancelled or expire. The Company has the following non-derivative financial instrument liabilities: short-term and long-term debt, and trade and other payables and accounts payable to related parties. The aforementioned financial liabilities are originally recognized at fair value, plus costs directly attributable to the transaction. Subsequently, these financial liabilities are measured at amortized cost using the effective interest method or at fair value through profit or loss during their contractual term. iii. Derivative financial instruments The Company participates in a variety of derivative financial instruments to manage its exposure to exchange rate risks, including currency forward contracts. Derivative financial instruments entered into for fair value hedging or for trading purposes are initially recognized at fair value; any attributable transaction costs are recognized in profit and loss as incurred. Until 2019, government grant was recognized initially as a liability, and subsequently was recognized to profit and loss as the related obligation is settled. Subsequent to the initial recognition, such derivative financial instruments are measured at fair value, and changes in such value are immediately recognized in profit and loss unless the derivative is designated and is effective as a hedging instrument, in which case, its recognition in profit and loss will depend on the nature of the hedging. Fair value of derivative financial instruments that are traded in recognized financial markets is based on quotes issued by these markets; when a derivative financial instrument is traded in the “ Over the Counter A derivative with a positive fair value is recognized as a financial asset, while a derivative with a negative fair value is recognized as a financial liability. Derivatives are not offset in the financial statements unless the Company has both the legal right and the intention to offset. A derivative is presented as a non-current asset or a non-current liability if the remaining maturity of the instrument is more than 12 months and it is not expected to be realized or settled within 12 months. Other derivatives are presented as current assets or current liabilities. The Company analyzes if there are embedded derivatives that should be segregated from the host contract and accounted for separately if the economic characteristics and risks of the host contract and the embedded derivative are not closely related. A separate instrument with the same terms as those of the embedded derivative meets the definition of a derivative, and the combined instrument is not measured at fair value through profit and loss. Changes in fair value of the separable embedded derivatives are immediately recognized in profit and loss. iv. Hedge Accounting The Company designates certain derivatives as hedging instruments with respect to foreign currency risk with fair value hedges, cash flow hedges or hedges of net investments in foreign operations. Firm commitments that hedge foreign currency risk are accounted for as cash flow hedges. At the beginning of the hedge relationship, the Company documents the relationship between the hedging instrument and the hedged item, together with its risk management objectives and its strategy to carry out various hedging transactions. In addition, at the beginning of the hedge and on an ongoing basis, the Company documents whether the instrument is effective to offset changes in the fair values or cash flows of the hedged item attributable to the hedged risk, which is when the hedging relationships comply with all of the following coverage effectiveness requirements: ● There is an economic relationship between the hedging instrument and the hedged item; ● The effect of credit risk does not dominate the value of the changes resulting from the economic relationship; and ● The coverage ratio of the coverage ratio is the same as that resulting from the amount of the hedged item that the Company actually covers and the amount of the hedging instrument that the Company actually uses to cover that amount of the hedged item. If the hedging instrument no longer meets the effectiveness requirement related to the hedging relationship, but the risk management objective for that designated hedging relationship remains the same, the Company adjusts the hedging relationship (that is, rebalances) so that it meets the qualification criteria again. The Company designates the entire change in the fair value of a forward contract (that is, it includes the forward elements) as the hedging instrument for all its hedging relationships that involve forward contracts. The Company designates only the intrinsic value of option contracts as a hedged item, that is, excluding the time value of the option. Changes in the fair value of the option are recognized in other comprehensive income and are accumulated in the cost of the hedge reserve. If the hedged item is related to the transaction, the fair value is reclassified to profit or loss when the hedged item affects the profit or loss. If the hedged item is related to the period of time, then the accumulated amount in the cost of the hedge reserve is reclassified to profit or loss in a rational manner: the Company amortizes the accumulated hedge reserve to profit or loss using the straight-line method. These reclassified amounts are recognized in profit or loss on the same line as the hedged item. If the hedged item is a non-financial item, the accumulated amount in the cost of the hedge reserve is eliminated directly from equity and is included in the initial carrying amount of the recognized non-financial item. In addition, if the Company expects that part or all of the accumulated loss in the cost of the hedge reserve will not be recovered in the future, that amount will be reclassified immediately to results. v. Capital stock Ordinary shares Ordinary shares are classified as equity. Incremental costs directly attributable to the issuance of ordinary shares are recognized as a deduction from equity, net of any tax effects. Stock repurchase When share capital recognized as equity is repurchased, the amount of the consideration paid, which includes directly attributable costs, net of any tax effects, is recognized as a deduction from equity. Repurchased shares are classified as treasury shares and are presented in the reserve for repurchase of shares. When treasury shares are sold or are re-issued subsequently, the amount received as well as the resulting surplus or deficit on the transaction is recognized in equity.
Property, plant and equipment	d) Property, plant and equipment i. Recognition and measurement Property, plant and equipment, except for land, are recorded at acquisition cost less accumulated depreciation and any accumulated impairment losses. Land is measured at the acquisition costs less any accumulated impairment losses. Acquisition cost includes the purchase price, as well as any cost directly attributable to the acquisition of the asset, including all costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by Management. When components of an item of property, plant and equipment have different useful lives, they are accounted for as separate items (major components) of property, plant and equipment. An item of property, plant and equipment is derecognized at the time of disposal or when no future economic benefits are expected to arise from the continued use of the asset. Gains or losses on the sale of an item of property, plant and equipment are determined by comparing the proceeds from the sale with the carrying amount of property, plant and equipment, and are recognized net under “other expenses, net” in profit and loss for the year. ii. Subsequent costs The replacement cost of an item of property, plant and equipment is capitalized if the future economic benefits associated with the cost are expected to flow to the Company and the related cost is reliably determined. The carrying amount of the replaced item is written off from the accounting records. Maintenance and repair expenses related to property, plant and equipment are expensed as incurred. iii. Depreciation Depreciation is calculated over the cost of the asset less its residual value, using the straight line method, based on the estimated useful life of the assets. Depreciation is recognized in profit and loss beginning from the time when the assets are available for use. Below are the estimated useful lives for 2021, 2020 and 2019: ​ ​ ​ ​ ​ Average ​ ​ useful Life Buildings 46 Machinery and Equipment 19 Vehicles 11 Computers 8 Furniture 11 ​ The Company has estimated the following residual values as of December 31, 2021, 2020 and 2019: ​ ​ ​ ​ ​ Residual Value Buildings 9% Machinery and Equipment 8% Vehicles 5% Computers 0% Furniture 2%
Goodwill	e) Goodwill Goodwill arises as a result of the acquisition of a business over which control is obtained and is measured at cost less cumulative impairment losses; it is subject to annual tests for impairment.
Intangible assets	f) Intangible assets They are mainly comprised of trade names and customer relationships derived from the acquisition of businesses in the United States of America. The cost of intangible assets acquired through a business combination represents their fair value at the acquisition date and they are recognized separately from goodwill. Subsequently, they are valued at cost less amortization and accumulated impairment losses. Intangible assets are classified as having a definite or indefinite life. Those with a defined life are amortized under the straight-line method during their estimated life and when there are impairment indicators, they are tested for impairment. The amortization methods and the useful life of the assets are reviewed and adjusted, if necessary, at the date of each consolidated statement of financial position. Amortization is charged to income in the general expenses category. Those with an indefinite life are not amortized, but are subject to impairment tests at least annually.
Biological assets	g) Biological assets Biological assets whose fair value can be measured reliably are measured at fair value less costs of sale, with any change therein recognized in profit and loss. Costs of sale include all costs that would be necessary to sell the assets, excluding finance costs and income taxes. The Company’s biological assets consist of growing poultry, poultry in its different production stages, hatching eggs, breeder pigs, and growing pigs. When fair value cannot be reliably, verifiably and objectively determined, assets are valued at production cost less accumulated depreciation, and any cumulative impairment loss. Depreciation related to biological assets forms part of the cost of inventories and current biological assets and is ultimately recognized within cost of sales in the statement of profit and loss and other comprehensive income. Depreciation of poultry and breeder pigs is estimated based on the expected future life of such assets and is calculated on a straight-line basis. ​ ​ ​ ​ Expected average ​ ​ useful life ​ ​ (weeks) Poultry in its different production stages 40-47 Breeder pigs 156 ​ Biological assets are classified as current and non-current assets, based on the nature of such assets and their purpose, whether for commercialization or for reproduction and production.
Leased assets	h) Leased assets The Company evaluates whether a contract is or contains a lease at the beginning of the contract term. A lease is defined as a contract that grants the right to control the use of an identified asset, for a specified period, in exchange for consideration. The Company recognizes a right-of-use asset and a corresponding lease liability, with respect to all the lease agreements in which it operates as lessee, except in the following cases: short-term leases (defined as leases with a term of lease less than 12 months); low-value asset leases (defined as asset leases with an individual market value of less than 5 thousand dollars); and, the lease contracts whose payments are variable (without any fixed contractually defined payment). For these contracts that exclude the recognition of a right-of-use asset and a lease liability, the Company recognizes rental payments as a straight-line operating expense during the lease term. The right-of-use asset is made up of discounted lease payments at present value; direct costs of obtaining a lease; advance lease payments; and the dismantling or asset removal obligations. The Company depreciates the right-of-use asset over the shorter period of the lease term and the useful life of the underlying asset; In this sense, when a purchase option in the lease is likely to be exercised, the right-of-use asset depreciates over its useful life. Depreciation begins on the start date of the lease. The lease liability is measured at initial recognition by discounting future minimum income payments at present value according to a term, using a discount rate that represents the cost of obtaining financing in an amount equivalent to the value of the contract's income, for the acquisition of the underlying asset, in the same currency and for a period similar to the corresponding contract (incremental borrowing rate). When the contract payments contain non-lease components (services), the Company has chosen not to separate them and to measure all payments as a single lease component; however, for the rest of the asset classes, the Company measures the lease liability only considering the payments of components that are rents, while the services implicit in the payments are recognized directly in results as operating expenses. To determine the term of the lease, the Company considers the mandatory term, including the probability of exercising any right to extend the term and / or an early termination. Subsequently, the lease liability is measured by increasing the book value to reflect the interest on the lease liability (using the effective interest method) and reducing the book value to reflect the rental payments made. When there are modifications to the lease payments for inflation, the Company remits the lease liability from the date the new payments are known, without reconsidering the discount rate. However, if the modifications are related to the term of the contract or change in circumstances that results in a change in the assessment of the exercise of a purchase option, the Company re-evaluates the discount rate in the measurement of the liability. Any increase or decrease in the value of the lease liability subsequent to this re-measurement is recognized by increasing or decreasing to the same extent, as the case may be, the value of the right-of-use asset. Finally, the lease liability is derecognized at the time the Company pays all of the contract's payments. When the Company determines that it is probable that it will exercise an early termination from the contract that merits a cash outlay, said consideration is part of the re-measurement of the liability mentioned in the preceding paragraph; however, in those cases in which the early termination does not imply a cash outlay, the Company pays the lease liability and the corresponding right of use asset, recognizing the difference between the two immediately in the consolidated statement of income.
Inventories	i) Inventories Inventories are measured at the lower of cost and net realizable value. The cost of inventories is based on average cost, and includes expenditures incurred for acquiring inventories, production or transformation costs, and other costs incurred for bringing them to their present location and condition. Agricultural products derived from biological asses are processed chickens and commercial eggs. Net realizable value is the estimated selling price in the ordinary course of business, less the costs necessary to make the sale. Cost of sales represents cost of inventories at the time of sale, increased, if applicable, by reductions in inventory to its net realizable value, if lower than cost, during the year. The Company records the necessary reductions in the value of its inventories for impairment, obsolescence, slow movement and other factors that may indicate that the use or performance of the items that are part of the inventory may be lower than the carrying value.
Impairment	j) Impairment Non-financial assets The carrying amounts of the Company’s non-financial assets, other than inventories, biological assets and deferred tax assets, are reviewed at each reporting date to determine whether there is any indication of impairment. If any such indication exists, then the recoverable amount of the asset is estimated or cash generating units, as the lowest between its value in use and the fair value less cost of sale. Goodwill and indefinite-lived intangible assets are tested annually for impairment on the same dates. The Company defines the cash generating units and also estimates the periodicity and cash flows that they should generate. Subsequent changes in the group of cash-generating units, or changes in the assumptions that support the cash flow estimates or the discount rate could impact the carrying amounts of the respective asset. The main assumptions for developing estimates of recoverable amounts are the estimates the future cash flows expected to arise from the cash-generating unit and a suitable discount rate in order to calculate its present value. The Company estimates cash flow projections considering current market conditions, determination of future prices of goods and volumes of production and sales. In addition, for the purposes of the discount and perpetuity growth rates, the Company uses indicators of market and expectations of long-term growth in the markets in which it operates. The Company estimates a discount rate before taxes for the purposes of the goodwill impairment test that reflects the risk of the corresponding cash-generating units and that enables the calculation of present value of expected future cash flows, as well as to reflect risks that were not included in the cash flow projection assumptions and premises. The discount rate that the Company estimates is based on the weighted average cost of capital. In addition, the discount rate estimated by the Company reflects the return that market participants would require if they had made a decision about an equivalent asset, as well as the expected generation of cash flow, time, and risk-and-return profiles. The Company annually reviews the circumstances which led to an impairment loss arising from cash-generating units to determine whether such circumstances have been changed and that may result in the reversal of previously recognized impairment losses. An impairment loss in respect of goodwill is not reversed. For other long-lived assets, an impairment loss is reversed only to the extent that the asset’s carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if the impairment loss had not been recognized. Impairment losses are recognized in profit and loss. Impairment losses recognized in respect of cash-generating units are allocated first to reduce the carrying amount of any goodwill allocated to the cash-generating unit (or group of CGUs), and subsequently to reduce the carrying amount of the other long-lived assets within the cash-generating unit (or group of CGUs) on a pro rata basis.
Held-for-sale assets	k) Held-for-sale assets Held for sale assets mainly consist of foreclosed assets. Foreclosed assets are initially recorded at the lower of fair value less costs to sell or the net carrying amount of the related account receivable. Immediately before being classified as held-for-sale, assets are valued according to the Company’s accounting policies in accordance with the applicable IFRS. Subsequently, held-for-sale assets are recorded at the lower of the carrying amount and fair value less costs to sell. Impairment losses on initial classification of held-for-sale assets and subsequent remeasurement gains and losses are recognized in profit and loss. Recognized gains shall not exceed cumulative impairment losses previously recognized.
Other assets	l) Other assets Other long-term assets primarily include advances for the purchase of property, plant and equipment, investments in insurance policies and security deposits. The Company owns life insurance policies of some of the former stockholders of Bachoco USA, LLC (foreign subsidiary). The Company records these policies at their net cash surrender value which approximates its fair value (see note 17).
Employee benefits	m) Employee benefits The Company grants to its employees in Mexico and abroad, different types of benefits as described below and as detailed in note 22. i. Defined contribution plan A defined contribution plan is a post-employment benefit plan under which an entity pays fixed contributions to a separate entity and has no legal or constructive obligation to pay further amounts. Obligations for contributions to defined contribution plans are recognized as an employee benefit expense in profit and loss in the periods during which the related services are rendered by employees. Prepaid contributions are recognized as an asset to the extent that the Company has the right to a cash refund or a reduction in future payments is available. Contributions to a defined contribution plan due more than 12 months after the end of the period in which the employees render the service are discounted at present value. ii. Defined benefit plan A defined benefit plan is a post-employment benefit plan other than a defined contribution plan. It is funded by contributions made by the Company and is intended to meet the Company’s labor obligations to its employees. The Company´s net obligations in respect of defined benefit plans is calculated separately for each plan, estimating the amount of the future benefit that the employees have earned in return for their service in the current and prior years; that benefit is discounted to determine its present value, and is reduced by the fair value of the plan assets. The discount rate is the yield at the end of the reporting period on high quality corporate bonds (or governmental bonds in the instance that a deep market does not exist for high quality corporate bonds, which is the case in Mexico) that have maturity dates approximating the terms of the Company´s obligations and that are denominated in the currency in which the benefits are expected to be paid. Net interest is calculated by applying the discount rate at the beginning of the period to the net defined benefit liability or asset. Defined benefit costs are categorized as follows: ● Service cost (including current service cost, past service cost, as well as gains and losses on curtailments and settlements) ● Net interest expense or income The Company presents service cost as part of operating income in the consolidated statements of profit or loss and other comprehensive income (loss). Gains and losses for reduction of service are accounted for as past service costs. The calculation is performed annually by a qualified actuary using the projected unit credit method. When the calculation results in a benefit to the Company, the recognized asset is limited to the present value of any economic benefits available in the form of refunds from the plans or reductions in future contributions to the plans. When the benefits of a plan are modified or improved, the portion of the improved benefits related to past services by employees is recognized in profit and loss on the earlier of the following dates: when there is a modification or curtailment to the plan, or when the Company recognizes the related restructuring costs or termination benefits. Remeasurement adjustments, comprising actuarial gains and losses, the effect of changes to the asset ceiling (if applicable) and the return on plan assets (excluding interest), are reflected immediately with a charge or credit recognized in other comprehensive income in the period in which they occur. Remeasurement recognized in other comprehensive income is reflected immediately in equity and is not reclassified to profit or loss. iii. Short-term benefits Short-term employee benefits are valued on a non-discounted basis and are expensed as the respective services are rendered. A liability is recognized for the amount expected to be paid under the short-term cash bonus plans or statutory employee profit sharing (PTU for its acronym in Spanish), if the Company has a legal or constructive obligation to pay such amounts as a result of prior services rendered by the employee, and the obligation may be reliably estimated. iv. Termination benefits from constructive obligations During 2019 and 2020 the Company recognizes, as a defined benefit plan, a constructive obligation from past practices. The liability accrues based on the services rendered by the employee. Payment of this benefit is made in one installment at the time that the employee voluntarily ceases working for the Company.
Provisions	n) Provisions A provision is recognized if, as a result of a past event, the Company has a present legal or constructive obligation that can be estimated reliably, and it is probable that an outflow of economic benefits will be required to settle the obligation. When the effect of time value of money is significant, the amount of the provision is the present value of the disbursements expected to be necessary to settle the obligation. The discount rate applied is determined before taxes and reflects market conditions at the reporting date and takes into account the specific risk of the relevant liability, if any. The unwinding of the present value discount is recognized as a financial cost.
Interests in joint operations	o) Interests in joint operations A joint operation is a joint arrangement whereby the parties that have joint control of the arrangement have rights to the assets, and obligations for the liabilities, relating to the arrangement. Joint control is the contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require unanimous consent of the parties sharing control. The Company as a joint operator recognizes, in relation to its interest in a joint operation: its assets, including its share of any assets held jointly; its liabilities, including its share of any liabilities incurred jointly; its revenue from the sale of its share of the output arising from the joint operation; its share of the revenue from the sale of the output by the joint operation, and its expenses, including its share of any expenses incurred jointly. The Company accounts for the assets, liabilities, revenues and expenses relating to its interest in a joint operation in accordance with the IFRSs applicable to such assets, liabilities, revenues and expenses. The Company has joint operations derived from the agreements for the development of its biological assets. For such operations, the Company accounts for its biological assets, its obligations derived from technical support, as well as the expenses it incurs with respect to the joint operations. The live poultry produced by the joint operation is ultimately used internally by the Company and may be sold by the Company to third parties. As a result, the joint operation itself does not generate any revenues with third parties.
Revenues	p) Revenues Revenues from the sale of goods in the course of ordinary activities are measured at the fair value of the consideration received or receivable, net of returns, trade discounts and volume rebates. Revenues are recognized when persuasive evidence exists, usually in the form of an executed sales agreement, that control over the product has been transferred to the customer. If it is probable that discounts will be granted and the amount can be measured reliably, the discount is recognized as a reduction of revenue. The Company generally does not accept sales returns. No asset is recognized for product returns, due to the fact that such products are not expected to be sold or recovered in another manner given that they are perishable. To the extent sales returns occur, the product returns are made simultaneously with the delivery and acceptance of the product (same day). The Company has concluded that all performance obligations are satisfied at the time of delivery of the product to the customer. The Company has a variety of credit terms for its various distribution channels, all of which have short terms, consistent with market and industry practices. Accordingly, there are no financing components. A significant portion of sales in Mexico are collected in cash on delivery.
Financial income and costs and dividend income	q) Financial income and costs and dividend income Financial income comprises interest income from funds invested, fair value changes on financial assets at fair value through profit or loss and foreign currency exchange gains. Interest income is recognized in profit and loss, using the effective interest method. Dividend income is recognized in profit and loss on the date that the Company´s right to receive the payment is established. Financial costs comprise interest expense for borrowings, foreign currency exchange losses and fair value changes on financial assets at fair value through profit and loss. Borrowing costs that are not directly attributable to the acquisition, construction or production of a qualifying asset are recognized in profit and loss using the effective interest method. Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the costs of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalization. Exchange gains and losses are reported on a net basis.
Income taxes	r) Income taxes Income tax expense is comprised of current and deferred tax. Current income taxes and deferred income taxes are recognized in profit and loss provided they do not relate to a business combination, or items recognized directly in equity or in other comprehensive income. Current income tax is the expected tax payable or receivable on the taxable income or loss for the fiscal year, which can be applied to taxable income from previous years, using tax rates enacted or substantively enacted in each jurisdiction at the reporting date, plus any adjustment to taxes payable with respect to previous years. Current income tax payable also includes any tax liability arising from the payment of dividends. Deferred income tax is recognized in respect of temporary differences between the carrying amounts of assets and liabilities and the amounts used for tax purposes. Deferred income tax is not recognized for: ● the initial recognition of assets or liabilities in a transaction that is not a business combination and did not affect either accounting or taxable profit or loss; ● differences related to investments in subsidiaries to the extent that it is probable that the Company is able to control the reversal date, and the reversion is not expected to take place in the near future. ● taxable temporary differences arising from the initial recognition of goodwill. Deferred income tax is determined by applying the tax rates that are expected to apply in the period in which the temporary differences will reverse, based on the regulations enacted or substantively enacted at the reporting date. The measurement of deferred income tax assets and liabilities reflect the tax consequences derived from the manner in which the Company expects to recover or settle the carrying amounts of its assets and liabilities. In determining the amount of current and deferred income tax, the Company takes into account the impact of uncertain tax positions and whether additional taxes and interest may be due. The Company believes that the balance for its income tax liabilities are appropriate for all tax years subject to be reviewed by the tax authorities based on its assessment of several factors, including the interpretation of the tax laws and prior experience. A deferred income tax asset is recognized for unused tax losses, tax credits and deductible temporary differences to the extent that it is probable that future taxable profits will be available against which they can be utilized. Deferred income tax assets are reviewed at each reporting date and are reduced to the extent that it is not probable that the related tax benefit will be realized.
Earnings per share	s) Earnings per share The Company presents information on basic and diluted earnings per share (“EPS”) related to its ordinary shares. Basic EPS is computed by dividing the profit and loss attributable to the holders of the Company’s common shares by the weighted average number of outstanding ordinary shares during the period, adjusted for treasury shares held. Diluted EPS is determined by adjusting the profit and loss attributable to the holders of the ordinary shares and the outstanding weighted average number of ordinary shares, adjusted for treasury shares held, for the potential dilutive effects of all ordinary shares, including convertible instruments and options on shares granted to employees. At December 31, 2021, 2020 and 2019, the Company has no outstanding instruments that imply the existence of potential ordinary shares, for which reason basic and diluted EPS are the same.
Segment information	t) Segment information An operating segment is a component of the Company: i) that is engaged in business activities from which revenues and expenses may be obtained and incurred, including revenues and expenses related to transactions with any of the other components of the Company, ii) whose results are reviewed periodically by the chief operating decision maker for the purpose of resource allocation and assessment of segment performance, and iii) for which discrete financial information exists. The Company discloses reportable segments based on operating segments whose revenues exceed 10% of the combined revenues from all segments, whose absolute value of profit or loss exceeds 10% of the combined absolute value of profit or loss from all segments, whose assets exceed 10% of the combined assets from all segments, or that result from the aggregation of two or more operating segments that share similar economic characteristics and meet the aggregation criteria under IFRS (note 2 d) iii. ).
Costs and expenses by function	u) Costs and expenses by function Costs and expenses in the consolidated statements of profit and loss and other comprehensive income were classified by their function. The nature of costs and expenses is presented in Note 23.

Significant accounting polici_3

Significant accounting policies (Tables)	12 Months Ended
	Dec. 31, 2021
Significant accounting policies
Schedule of estimated useful lives	Below are the estimated useful lives for 2021, 2020 and 2019: ​ ​ ​ ​ ​ Average ​ ​ useful Life Buildings 46 Machinery and Equipment 19 Vehicles 11 Computers 8 Furniture 11
Schedule of estimated residual values	The Company has estimated the following residual values as of December 31, 2021, 2020 and 2019: ​ ​ ​ ​ ​ Residual Value Buildings 9% Machinery and Equipment 8% Vehicles 5% Computers 0% Furniture 2%
Schedule of estimated Depreciation of poultry and breeder pigs	Depreciation of poultry and breeder pigs is estimated based on the expected future life of such assets and is calculated on a straight-line basis. ​ ​ ​ ​ Expected average ​ ​ useful life ​ ​ (weeks) Poultry in its different production stages 40-47 Breeder pigs 156

Business and asset acquisitio_2

Business and asset acquisitions (Tables)	12 Months Ended
	Dec. 31, 2021
Sonora Agropecuaria, S.A. de C.V.
Business and asset acquisitions
Schedule of identifiable assets acquired and liabilities assumed	The following is a summary of the recognized amounts of acquired assets and assumed liabilities at the date, compared to the consideration paid: ​ ​ ​ ​ ​ ​ Acquisition value ​ ​ ​ ​ Current assets, other than inventories $ 349,834 Inventories ​ 123,959 Property, plant and equipment ​ 383,680 Total assets ​ 857,473 Current liabilities ​ (263,365) Deferred income tax ​ (35,916) Acquired net identifiable assets ​ 558,192 Controlling interest ​ ​ 305,889 Non-controlling interest ​ ​ 252,303 Consideration paid ​ 215,000 Bargain purchase gain (note 30) $ 90,889

Subsidiaries of the Company (Ta

Subsidiaries of the Company (Tables)	12 Months Ended
	Dec. 31, 2021
Subsidiaries of the Company
Schedule of list of subsidiaries and the company's shareholding percentage in such subsidiaries	A list of subsidiaries and the Company’s shareholding percentage in such subsidiaries as of December 31, 2021, 2020 and 2019 are presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Name ​ Shareholding percentage in subsidiaries ​ ​ ​ ​ December 31, ​ ​ Country ​ 2021 ​ 2020 ​ 2019 Bachoco, S.A. de C.V. Mexico 99.99 99.99 99.99 Bachoco USA, LLC. & Subsidiary U.S. 100.00 100.00 100.00 Campi Alimentos, S.A. de C.V. Mexico 99.99 99.99 99.99 Induba Pavos, S.A. de C.V. Mexico 99.99 99.99 99.99 Bachoco Comercial, S.A. de C.V. Mexico 99.99 99.99 99.99 PEC LAB, S.A. de C.V. Mexico 64.00 64.00 64.00 Aviser, S.A. de C.V. Mexico — 99.99 99.99 Operadora de Servicios de Personal, S.A. de C.V. Mexico — 99.99 99.99 Secba, S.A. de C.V. Mexico — 99.99 99.99 Servicios de Personal Administrativo, S.A. de C.V. Mexico — 99.99 99.99 Sepetec, S.A. de C.V. Mexico — 99.99 99.99 Wii kit RE LTD. Bermuda 100.00 100.00 100.00 Proveedora La Perla S.A. de C.V. Mexico 100.00 100.00 100.00 Sonora Agropecuaria, S.A. de C.V. ​ Mexico ​ 54.84 ​ 54.80 ​ —

Operating segments (Tables)

Operating segments (Tables)	12 Months Ended
	Dec. 31, 2021
Operating segments
Schedule of operating segment information	Below is the information related to each reportable segment. Performance is measured based on each segment’s income before taxes, in the same manner as it is included in Management reports that are regularly reviewed by the Company’s Board of Directors, which has been identified as being responsible for making operational decisions, allocating resources and evaluating the performance of the operating segments. a) Operating segment information ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2021 ​ Poultry Other Total Net revenues ​ $ 71,647,726 10,051,342 81,699,068 Cost of sales ​ 59,195,273 9,161,381 68,356,654 Gross profit ​ 12,452,453 889,961 13,342,414 Finance income ​ 879,142 238,264 1,117,406 Finance costs ​ 214,780 52,743 267,523 Income before taxes ​ 6,052,051 689,687 6,741,738 Income taxes ​ 1,655,934 151,704 1,807,638 Net income attributable to controlling interest ​ 4,394,865 670,689 5,065,554 Property, plant and equipment, net ​ 19,943,697 1,819,705 21,763,402 Goodwill ​ 1,600,592 88,015 1,688,607 Intangible assets ​ 704,374 - 704,374 Non-current biological assets ​ ​ 2,308,577 ​ 49,560 ​ 2,358,137 Total assets ​ 58,387,628 7,497,233 65,884,861 Total liabilities ​ 16,592,293 1,008,508 17,600,801 Purchases of property, plant and equipment ​ 3,298,794 180,699 3,479,493 Depreciation and amortization ​ ​ 1,306,665 ​ 157,133 ​ 1,463,798 Depreciation of right-of-use assets ​ ​ 331,127 ​ 12,240 ​ 343,367 Intangible impairment loss ​ 5,459 - 5,459 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Poultry Other Total ​ ​ revenues ​ revenues revenues Total revenues ​ $ 71,660,739 10,090,925 ​ 81,751,664 Intersegments ​ (13,013) (39,583) ​ (52,596) Net revenues ​ $ 71,647,726 10,051,342 ​ 81,699,068 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2020 ​ Poultry Other Total Net revenues ​ $ 61,323,853 7,468,149 68,792,002 Cost of sales ​ 51,165,650 6,541,916 57,707,566 Gross profit ​ 10,158,203 926,233 11,084,436 Finance income ​ 998,654 174,866 1,173,520 Finance costs ​ 260,570 30,759 291,329 Income before taxes ​ 4,626,582 557,121 5,183,703 Income taxes ​ 1,060,876 150,735 1,211,611 Net income attributable to controlling interest ​ 3,532,589 403,083 3,935,672 Property, plant and equipment, net ​ 17,146,405 2,587,417 19,733,822 Goodwill ​ 1,562,404 88,312 1,650,716 Intangible assets ​ 753,224 — 753,224 Total assets ​ 51,081,829 7,393,171 58,475,000 Total liabilities ​ 13,144,941 1,403,251 14,548,192 Purchases of property, plant and equipment ​ 1,978,818 773,463 2,752,281 Depreciation and amortization ​ 1,542,031 193,115 1,735,146 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Poultry Other Total ​ ​ revenues ​ revenues ​ revenues Total revenues ​ $ 61,332,013 7,506,962 ​ 68,838,975 Intersegments ​ (8,160) (38,813) ​ (46,973) Net revenues ​ $ 61,323,853 7,468,149 ​ 68,792,002 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2019 ​ Poultry Other Total Net revenues ​ $ 55,653,027 6,002,218 61,655,245 Cost of sales ​ 46,456,076 5,101,275 51,557,351 Gross profit ​ 9,196,951 900,943 10,097,894 Finance income ​ 860,140 131,492 991,632 Finance costs ​ 529,226 81,142 610,368 Income before taxes ​ 3,854,474 503,330 4,357,804 Income taxes ​ 993,652 131,326 1,124,978 Net income attributable to controlling interest ​ 2,849,145 370,786 3,219,931 Property, plant and equipment, net ​ 16,440,851 2,115,795 18,556,646 Goodwill ​ 1,490,978 88,016 1,578,994 Intangible assets ​ 772,640 — 772,640 Total assets ​ 49,533,440 6,169,051 55,702,491 Total liabilities ​ 14,066,224 1,375,932 15,442,156 Purchases of property, plant and equipment ​ 1,811,086 258,241 2,069,327 Depreciation and amortization ​ 1,171,200 115,243 1,286,443 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Poultry Other ​ Total ​ ​ revenues ​ revenues ​ revenues Total revenues ​ $ 55,656,645 6,037,772 ​ 61,694,417 Intersegments ​ (3,618) (35,554) ​ (39,172) Net revenues ​ $ 55,653,027 6,002,218 ​ 61,655,245
Schedule of information about revenue classified based on geographical location	When submitting information by geographic area, revenue is classified based on the geographic location where the Company’s poultry segment customers are located. Segment assets are classified in accordance with their geographic location. Geographical information for the “Others” segment is not included below because the operations are carried out entirely within Mexico. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2021 ​ ​ ​ ​ Operations ​ ​ ​ ​ ​ ​ ​ between ​ ​ ​ ​ Domestic ​ Foreign ​ geographical ​ ​ ​ ​ poultry ​ poultry ​ segments ​ Total Net revenues ​ $ 51,287,149 20,490,145 (129,567) 71,647,726 Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets, and investments in insurance policies: ​ ​ ​ ​ ​ Non-current biological assets ​ 1,420,262 888,315 — 2,308,577 Property, plant and equipment, net ​ 17,602,324 2,341,373 — 19,943,697 Goodwill ​ 212,833 1,387,759 — 1,600,592 Intangible assets ​ — 704,374 — 704,374 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2020 ​ ​ ​ ​ Operations ​ ​ ​ ​ ​ ​ ​ between ​ ​ ​ ​ Domestic ​ Foreign ​ geographical ​ ​ ​ ​ poultry ​ poultry ​ segments ​ Total Net revenues ​ $ 41,835,033 19,573,023 (84,203) 61,323,853 Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets, and investments in insurance policies: ​ ​ ​ ​ ​ Non-current biological assets ​ 1,185,308 806,222 — 1,991,530 Property, plant and equipment, net ​ 14,659,461 2,486,944 — 17,146,405 Goodwill ​ 212,536 1,349,868 — 1,562,404 Intangible assets ​ — 753,224 — 753,224 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2019 ​ ​ ​ ​ Operations ​ ​ ​ ​ ​ ​ ​ between ​ ​ ​ ​ Domestic ​ Foreign ​ geographical ​ ​ ​ ​ poultry ​ poultry ​ segments ​ Total Net revenues ​ $ 38,778,025 16,931,735 (56,733) 55,653,027 Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets, and investments in insurance policies: ​ ​ ​ ​ ​ Non-current biological assets ​ 1,058,126 760,785 — 1,818,911 Property, plant and equipment, net ​ 13,799,774 2,641,077 — 16,440,851 Goodwill ​ 212,833 1,278,145 — 1,490,978 Intangible assets ​ — 772,640 — 772,640

Cash and cash equivalents (Tabl

Cash and cash equivalents (Tables)	12 Months Ended
	Dec. 31, 2021
Cash and cash equivalents.
Schedule of cash and cash equivalents	The consolidated balances of cash and cash equivalents as of December 31, 2021, 2020 and 2019 are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Cash and banks ​ $ 14,586,467 ​ 12,941,334 13,106,862 Investments with maturities less than three months ​ 4,519,265 ​ 4,305,998 5,513,276 ​ ​ 19,105,732 ​ 17,247,332 18,620,138 ​ ​ ​ ​ ​ ​ ​ ​ Restricted cash ​ 30,711 ​ 39,042 42,627 Total cash and cash equivalents ​ $ 19,136,443 ​ 17,286,374 18,662,765

Financial instruments and ris_2

Financial instruments and risk management (Tables)	12 Months Ended
	Dec. 31, 2021
Financial instruments and risk management
Schedule of categories of financial assets and liabilities	The Company’s financial assets and liabilities are shown below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 ​ 2019 Financial assets ​ ​ Cash and cash equivalents ​ $ 19,136,443 ​ 17,286,374 18,662,765 Investment in securities at fair value through profit or loss ​ 10,841 ​ 1,018,322 186,284 Investment in securities at fair value through other comprehensive income ​ 1,559,823 ​ 937,715 315,761 Investments in life insurance ​ ​ 74,148 ​ 71,431 ​ 65,545 Trade receivables ​ 3,102,203 ​ 2,704,058 2,523,092 Due from related parties ​ 291 ​ 686 13,674 Other long-term receivables ​ 211,278 ​ 193,689 173,488 Derivative financial instruments ​ 69,862 ​ — 18,098 ​ ​ ​ ​ Financial liabilities ​ ​ ​ Current and non-current financial debt ​ $ (1,993,911) ​ (2,517,965) (4,928,607) Trade payables, sundry creditors and expenses payable ​ (8,977,051) ​ (5,049,103) (4,491,171) Current and non-current lease liabilities ​ ​ (651,480) ​ (719,711) ​ (803,050) Due to related parties ​ (185,429) ​ (80,842) (76,704) Derivative financial instruments ​ — ​ (194,181) —
Schedule of credit risk exposure	The carrying amount of financial assets represents the maximum credit exposure, which as of the reporting date is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Cash and cash equivalents ​ $ 19,136,443 ​ 17,286,374 18,662,765 Investments in securities at fair value through profit or loss ​ 10,841 ​ 1,018,322 186,284 Investment in securities at fair value through other comprehensive income ​ ​ 1,559,823 ​ 937,715 ​ 315,761 Investments in life insurance ​ 74,148 ​ 71,431 65,545 Accounts receivable net of guarantees received ​ 2,646,450 ​ 2,717,920 2,046,754 Derivative financial instruments ​ 69,862 ​ — 18,098 ​ ​ $ 23,497,567 ​ 22,031,762 21,295,207
Schedule of maturity analysis for derivative financial liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ Less than 1 year 1 to 3 years 3 to 5 years Trade payables, sundry creditors and expenses payable ​ $ 8,977,051 — — Due to related parties ​ 185,429 — — Lease liabilities ​ ​ 279,809 ​ 324,630 ​ 47,041 Financial debt, maturities at variable rates ​ ​ In pesos ​ 1,993,911 — — Interest ​ 85,854 — — Total financial liabilities ​ $ 11,522,054 324,630 47,041 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2020 ​ Less than 1 year 1 to 3 years 3 to 5 years Trade payables, sundry creditors and expenses payable ​ $ 5,049,103 — — Due to related parties ​ 80,842 — — Derivative financial instruments ​ ​ 194,181 ​ — ​ — Lease liabilities ​ ​ 278,981 ​ 379,926 ​ 60,804 Financial debt, maturities at variable rates ​ ​ ​ ​ ​ ​ ​ In U.S. dollars ​ 778,050 — — In pesos ​ 279,510 1,460,405 — Interest ​ 85,340 44,613 — Total financial liabilities ​ $ 6,746,007 1,884,944 60,804 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2019 ​ Less than 1 year 1 to 3 years 3 to 5 years Trade payables, sundry creditors and expenses payable ​ $ 4,491,171 — — Due to related parties ​ 76,704 — — Lease liabilities ​ 149,538 ​ 598,040 ​ 55,472 Financial debt, maturities at variable rates ​ In U.S. dollars ​ 2,831,191 — — In pesos ​ 609,208 1,488,208 — Interest ​ 134,535 207,643 — Total financial liabilities ​ $ 8,292,347 2,293,891 55,472
Schedule of foreign currency position	Below is the foreign currency position that the Company has as of December 31, 2021, 2020 and 2019. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2021 ​ 2020 ​ 2019 ​ ​ ​ ​ ​ Mexican ​ ​ ​ Mexican ​ ​ ​ Mexican ​ Dollars Pesos Dollars Pesos Dollars Pesos Assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 447,316 ​ 9,174,451 ​ 479,325 9,562,534 569,569 10,759,165 Investment in securities at fair value through profit or loss ​ 19,318 ​ 396,212 ​ 40,424 806,459 4,576 86,447 Investment in securities at fair value through other comprehensive income ​ ​ 76,168 ​ 1,562,206 ​ 47,003 ​ 937,715 ​ 16,716 ​ 315,761 Accounts receivable ​ 3,572 ​ 73,268 ​ 2,683 53,517 2,160 40,809 Total assets ​ 546,374 ​ 11,206,137 ​ 569,435 11,360,225 593,021 11,202,182 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Trade accounts payable ​ (277,467) ​ (5,690,856) ​ (107,224) (2,139,115) (120,699) (2,280,003) Financial debt ​ — ​ — ​ (39,000) (778,050) (149,878) (2,831,191) Lease liabilities ​ ​ (7,854) ​ (161,088) ​ (6,558) ​ (130,828) ​ (7,635) ​ (144,224) Total Liabilities ​ ​ (285,321) ​ (5,851,944) ​ (152,782) (3,047,993) (278,212) (5,255,418) Net asset position ​ $ 261,053 ​ 5,354,193 ​ 416,653 8,312,232 314,809 5,946,764
Schedule of detail of exchange rates	The following is a detail of exchange rates effective during the fiscal year: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Spot exchange rate at ​ ​ Average exchange rate ​ December 31, ​ 2021 2020 2019 2021 2020 2019 Dollars ​ $ 20.29 21.49 19.25 20.51 19.95 18.89
Schedule of financial instruments at fair value	e) Financial instruments at fair value The amounts of accounts payable and accounts receivable approximate their fair value because of their nature and short-term maturities. The table below summarizes the fair value of the financial instruments that are recognized at amortized cost, together with the carrying amount included in the consolidated statements of financial position: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Carrying ​ Fair ​ Carrying ​ Fair ​ Carrying ​ Fair Liabilities recorded at amortized cost ​ amount ​ value ​ amount ​ value ​ amount ​ value ​ 2021 2020 2019 Financial debt ​ $ 1,993,911 1,994,423 2,517,965 2,550,758 4,928,607 4,952,445
Schedule of fair value of financial instruments	The following table summarizes financial instruments carried at fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 1 Level 2 Level 3 Total As of December 31, 2021 Investment in securities at fair value through profit or loss $ 10,841 — — 10,841 Investment in securities at fair value through other comprehensive income ​ ​ 1,559,823 ​ — ​ — ​ 1,559,823 Derivative financial instruments ​ — 69,862 — 69,862 ​ $ 1,570,664 69,862 — 1,640,526 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 1 Level 2 Level 3 Total As of December 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment in securities at fair value through profit or loss ​ $ 1,018,322 — — 1,018,322 Investment in securities at fair value through other comprehensive income ​ ​ 937,715 ​ — ​ — ​ 937,715 Derivative financial instruments ​ — (194,181) — (194,181) ​ ​ $ 1,956,037 (194,181) — 1,761,856 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 1 Level 2 Level 3 Total As of December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment in securities at fair value through profit or loss ​ $ 186,284 — — 186,284 Investment in securities at fair value through other comprehensive income ​ ​ 315,761 ​ — ​ — ​ 315,761 Derivative financial instruments ​ — 18,098 — 18,098 ​ ​ $ 502,045 18,098 — 520,143
Schedule of fair value measurements related to financial liabilities	Information regarding the hierarchy of fair value measurements related to financial liabilities that are not recognized at fair value, but for which disclosures are required, is summarized below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 1 Level 2 Level 3 Total As of December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt - bank institutions ​ $ — (500,246) — (500,246) Financial debt – debt securities ​ (1,494,177) — — (1,494,177) ​ ​ $ (1,494,177) (500,246) — (1,994,423) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 1 Level 2 Level 3 Total As of December 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt - bank institutions ​ $ — (1,059,300) — (1,059,300) Financial debt – debt securities ​ (1,491,458) — — (1,491,458) ​ ​ $ (1,491,458) (1,059,300) — (2,550,758) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Level 1 Level 2 Level 3 Total As of December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial debt - bank institutions ​ $ — (3,455,810) — (3,455,810) Financial debt – debt securities ​ (1,496,635) — — (1,496,635) ​ ​ $ (1,496,635) (3,455,810) — (4,952,445)
Schedule of sensitivity analysis for types of risks	The following table shows the Company’s sensitivity to an increase and decrease of 15% for 2021, 2020 and 2019 in the “ bushel ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Effect of Increase ​ Effect of Decrease ​ 2021 2020 ​ 2019 2021 2020 2019 Loss (profit) for the year ​ $ (37,847) (87,711) (121,762) ​ $ 20,919 (12,530) 100,490 ​ ii. Interest rate risk As described in Note 18, the Company has financial debt denominated in pesos and dollars, which bear interest at variable rates based on TIIE and LIBOR, respectively. The following table shows the Company’s sensitivity to an increase and decrease of 50 basis points for 2021, 2020 and 2019, in the variable rates to which the Company is exposed. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Effect of Increase ​ Effect of Decrease ​ 2021 2020 2019 2021 2020 2019 Loss (profit) for the year ​ $ 8,291 13,390 24,465 ​ $ (8,291) (13,390) (24,465) ​ iii. Exchange risk As of December 31, 2021, 2020 and 2019, the Company’s net monetary liability position in foreign currency was $5,354,193, $8,312,232 and $5,946,764, respectively. The following table shows the Company’s sensitivity of an increase and decrease of 30%for 2021, 2020 and 2019, in exchange rate, which would have an effect in the result from foreign currency position. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Effect of Increase ​ Effect of Decrease ​ 2021 2020 2019 2021 2020 2019 Loss (profit) for the year $ (1,606,255) (2,493,673) (1,784,045) $ 1,606,255 2,493,673 1,784,045

Accounts receivable, net (Table

Accounts receivable, net (Tables)	12 Months Ended
	Dec. 31, 2021
Accounts receivable, net
Schedule of accounts receivable, net	As of December 31, 2021, 2020 and 2019, accounts receivable are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Trade receivables ​ $ 3,162,920 ​ 2,772,418 2,595,978 Allowance for doubtful accounts ​ (60,717) ​ (68,360) (72,886) Income tax receivable ​ 121,315 ​ 190,110 187,912 Recoverable value-added tax and other recoverable taxes ​ 1,884,649 ​ 1,471,851 1,156,106 ​ ​ $ 5,108,167 ​ 4,366,019 3,867,110
Schedule of past-due but not impaired portfolio	Below is a classification of trade accounts receivable according to their aging as of the reporting date, which has not been subject to impairment: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Past due at 60 days ​ 8,079 ​ 18,811 20,463 Past due by more than 60 days ​ 8,443 ​ 98,054 47,573 ​ ​ $ 16,522 ​ 116,865 68,036
Schedule of movements in allowance for doubtful accounts	Reconciliation of movements in allowance for doubtful accounts ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Balance as of January 1 ​ $ (68,360) ​ (72,886) ​ (79,937) Increase in allowance ​ (706) ​ (1,826) (57) Amounts written off ​ 8,436 ​ 6,458 7,030 Currency translation effect ​ (87) ​ (106) 78 Balance as of December 31, ​ $ (60,717) ​ (68,360) (72,886)

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2021
Inventories.
Schedule of inventories	As of December 31, 2021, 2020 and 2019, inventories are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Raw materials and by-products ​ $ 2,775,890 ​ 2,410,275 1,836,783 Medicine, materials and spare parts ​ 1,344,944 ​ 1,110,559 877,837 Balanced feed ​ 467,359 ​ 380,121 330,238 Processed chicken ​ 1,552,946 ​ 1,575,985 1,554,115 Commercial eggs ​ 63,764 ​ 55,364 56,599 Processed beef ​ 167,582 ​ 151,402 47,954 Processed turkey ​ 1,620 ​ 2,472 4,482 Other processed products ​ 1,885 ​ 2,160 2,199 Total ​ $ 6,375,990 ​ 5,688,338 4,710,207

Biological assets (Tables)

Biological assets (Tables)	12 Months Ended
	Dec. 31, 2021
Biological assets
Schedule of biological assets	For the years ended December 31, 2021, 2020 and 2019, biological assets are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current ​ Non-current ​ ​ ​ biological assets biological assets Total Balance as of January 1, 2021 ​ $ 2,012,668 1,991,530 4,004,198 Increase due to purchases ​ 429,551 840,112 1,269,663 Sales ​ — (46,866) (46,866) Net increase due to births ​ 377,449 3,083,747 3,461,196 Production cost ​ 42,518,242 2,335,691 44,853,933 Depreciation ​ — (2,784,562) (2,784,562) Transfers to inventories ​ (42,628,413) (3,083,747) (45,712,160) Other ​ 60,115 22,232 82,347 Balance as of December 31, 2021 ​ $ 2,769,612 2,358,137 5,127,749 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current ​ Non-current ​ ​ ​ biological assets biological assets Total Balance as of January 1, 2020 ​ $ 2,043,234 1,818,911 3,862,145 Increase due to purchases ​ 686,756 797,039 1,483,795 Sales ​ — 20,966 20,966 Net increase due to births ​ 264,386 2,507,769 2,772,155 Production cost ​ 35,585,551 1,877,418 37,462,969 Depreciation ​ — (2,565,283) (2,565,283) Transfers to inventories ​ (36,786,599) (2,507,769) (39,294,368) Other ​ 219,340 42,479 261,829 Balance as of December 31, 2020 ​ $ 2,012,668 1,991,530 4,000,198 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current ​ Non-current ​ ​ ​ biological assets biological assets Total Balance as of January 1, 2019 ​ $ 2,073,526 1,721,728 3,795,254 Increase due to purchases ​ 510,403 701,764 1,212,167 Sales ​ — (73,409) (73,409) Net increase due to births ​ 267,773 2,378,419 2,646,192 Production cost ​ 32,894,675 1,761,456 34,656,131 Depreciation ​ — (2,262,245) (2,262,245) Transfers to inventories ​ (33,651,137) (2,378,419) (36,029,556) Other ​ (52,003) (30,383) (82,386) Balance as of December 31, 2019 ​ $ 2,043,237 1,818,911 3,862,148

Prepaid expenses and other cu_2

Prepaid expenses and other current assets (Tables)	12 Months Ended
	Dec. 31, 2021
Prepaid expenses and other current assets
Schedule of prepaid expenses and other current assets	As of December 31, 2021, 2020 and 2019, prepaid expenses and other current assets are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Advances to suppliers of inventories ​ $ 2,163,450 ​ 613,188 ​ 628,286 Prepaid expenses for services ​ 264,208 ​ 303,345 ​ 280,950 Prepaid expenses for insurance and sureties ​ 95,441 ​ 74,565 ​ 128,178 Other current assets ​ 234,024 ​ 230,157 ​ 189,782 Total ​ $ 2,757,123 ​ 1,221,255 ​ 1,227,196

Assets held for sale (Tables)

Assets held for sale (Tables)	12 Months Ended
	Dec. 31, 2021
Assets held for sale
Schedule of assets held for sale	As of December 31, 2021, 2020 and 2019, assets held for sale are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Buildings ​ $ 24,786 ​ 24,208 22,394 Land ​ 31,793 ​ 29,563 29,563 Other ​ 857 ​ 859 959 Total ​ $ 57,436 ​ 54,630 52,916

Property, plant and equipment (

Property, plant and equipment (Tables)	12 Months Ended
	Dec. 31, 2021
Property, plant and equipment.
Schedule of property, plant and equipment	As of December 31, 2021, 2020 and 2019, property, plant and equipment are comprised as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Currency Balance as of ​ ​ January 1, ​ ​ ​ ​ ​ translation ​ December 31, Cost ​ 2021 ​ Additions ​ Disposals ​ effect ​ 2021 Land ​ $ 1,655,428 21,342 — 2,632 1,679,402 Buildings and construction ​ 12,821,193 626,606 (3,039) 48,859 13,493,619 Machinery and equipment ​ 17,116,908 1,528,891 (274,090) 86,276 18,457,985 Transportation equipment ​ 2,445,634 399,687 (175,643) 1,021 2,670,699 Computer equipment ​ 151,117 11,345 (1,078) 1,636 163,020 Furniture ​ 205,933 17,162 (9,728) 355 213,722 Leasehold improvements ​ 8,037 — (703) — 7,334 Construction in progress ​ 1,675,894 874,460 — 2,235 2,552,589 Total ​ $ 36,080,144 3,479,493 (464,281) 143,014 39,238,370 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Currency Balance as of ​ ​ January 1 ​ Depreciation ​ ​ ​ translation ​ December 31, Accumulated depreciation ​ 2021 ​ for the year ​ Disposals ​ effect ​ 2021 Buildings and construction ​ $ (5,836,750) (262,839) 2,360 (12,611) (6,109,840) Machinery and equipment ​ (9,267,337) (923,114) 204,221 (58,202) (10,044,432) Transportation equipment ​ (965,535) (183,530) 121,112 (762) (1,028,715) Computer equipment ​ (130,187) (11,532) 977 (1,433) (142,175) Furniture ​ (146,513) (12,082) 9,092 (303) (149,806) Total ​ $ (16,346,322) (1,393,097) 337,762 (73,311) (17,474,968) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Currency Balance as of ​ ​ January 1, ​ ​ ​ ​ ​ translation ​ December 31, Cost ​ 2020 ​ Additions ​ Disposals ​ effect ​ 2020 Land ​ $ 1,553,499 102,847 (5,900) 4,982 1,655,428 Buildings and construction ​ 12,340,405 686,270 (297,490) 92,008 12,821,193 Machinery and equipment ​ 15,866,952 1,240,779 (145,320) 154,497 17,116,908 Transportation equipment ​ 2,111,999 462,344 (130,089) 1,380 2,445,634 Computer equipment ​ 134,481 13,784 (244) 3,096 151,117 Furniture ​ 190,289 21,325 (6,463) 782 205,933 Leasehold improvements ​ 3,598 4,439 — — 8,037 Construction in progress ​ 1,459,922 220,493 — (4,521) 1,675,894 Total ​ $ 33,661,145 2,752,281 (585,506) 252,224 36,080,144 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Currency Balance as of ​ ​ January 1 ​ Depreciation ​ ​ ​ translation ​ December 31, Accumulated depreciation ​ 2020 ​ for the year ​ Disposals ​ effect ​ 2020 Buildings and construction ​ $ (5,750,971) (299,865) 229,718 (15,632) (5,836,750) Machinery and equipment ​ (8,253,772) (1,048,758) 96,589 (61,396) (9,267,337) Transportation equipment ​ (856,429) (204,384) 96,553 (1,275) (965,535) Computer equipment ​ (107,016) (21,721) 160 (1,610) (130,187) Furniture ​ (136,311) (15,575) 5,863 (490) (146,513) Total ​ $ (15,104,499) (1,590,303) 428,883 (80,403) (16,346,322) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Currency Balance as of ​ ​ January 1, ​ ​ ​ ​ ​ translation ​ December 31, Cost ​ 2019 ​ Additions ​ Disposals ​ effect ​ 2019 Land ​ $ 1,378,090 209,752 (30,677) (3,666) 1,553,499 Buildings and construction ​ 11,943,476 472,095 (7,478) (67,688) 12,340,405 Machinery and equipment ​ 15,182,044 891,008 (92,623) (113,477) 15,866,952 Transportation equipment ​ 1,792,273 474,960 (154,116) (1,118) 2,111,999 Computer equipment ​ 136,183 3,828 (3,257) (2,273) 134,481 Furniture ​ 178,455 17,684 (5,295) (555) 190,289 Leasehold improvements ​ 4,350 — (752) — 3,598 Construction in progress ​ 1,501,697 — (38,065) (3,710) 1,459,922 Total ​ $ 32,116,568 2,069,327 (332,263) (192,487) 33,661,145 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Currency Balance as of ​ ​ January 1 ​ Depreciation ​ ​ ​ translation ​ December 31, Accumulated depreciation ​ 2019 ​ for the year ​ Disposals ​ effect ​ 2019 Buildings and construction ​ $ (5,536,825) (230,450) 2,199 14,105 (5,750,971) Machinery and equipment ​ (7,505,222) (874,447) 65,136 60,761 (8,253,772) Transportation equipment ​ (829,664) (134,708) 106,955 988 (856,429) Computer equipment ​ (98,034) (13,635) 3,145 1,508 (107,016) Furniture ​ (128,647) (12,151) 4,109 378 (136,311) Total ​ $ (14,098,392) (1,265,391) 181,544 77,740 (15,104,499) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, Carrying amounts, net 2021 2020 2019 Land ​ $ 1,679,402 ​ 1,655,428 1,553,499 Buildings and construction ​ 7,383,779 ​ 6,984,443 6,589,434 Machinery and equipment ​ 8,413,553 ​ 7,849,571 7,613,180 Transportation equipment ​ 1,641,984 ​ 1,480,099 1,255,570 Computer equipment ​ 20,845 ​ 20,930 27,465 Furniture ​ 63,916 ​ 59,420 53,978 Leasehold improvements ​ 7,334 ​ 8,037 3,598 Construction in progress ​ 2,552,589 ​ 1,675,894 1,459,922 Total ​ $ 21,763,402 ​ 19,733,822 18,556,646 ​ Additions of property, plant and equipment in 2020 include assets acquired through business combinations of $383,680 that consist of the following: ​ ​ ​ ​ ​ Land $ 62,050 Buildings and construction ​ 231,264 Machinery and equipment ​ 73,332 Transportation equipment ​ 4,825 Computer equipment ​ ​ 1,761 Furniture ​ 1,115 Construction in progress ​ ​ 9,333 Total ​ $ 383,680

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2021
Goodwill.
Schedule of reconciliation of changes in goodwill	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Balances at beginning of the year ​ $ 1,650,716 ​ ​ 1,578,994 1,631,771 Foreign currency effects ​ ​ 37,891 ​ 71,722 (52,777) Balances at end of year ​ $ 1,688,607 ​ ​ 1,650,716 1,578,994
Schedule of assumptions and balances of each cash-generating unit	The assumptions and balances of each cash-generating unit are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 ​ ​ ​ Annual Annual ​ ​ Final ​ Projection ​ discount ​ growth ​ balance of period rate rate ​ Cash-generating unit ​ the year ​ (years) ​ (%) ​ (%) ​ Bachoco - Istmo and Peninsula regions ​ $ 212,833 5 12.63 % 3.00 % Campi ​ 88,015 5 12.63 % 3.00 % Ok Farms - Morris Hatchery, Inc. Arkansas ​ 68,019 5 3.26 % 0.00 % Ok Farms - Morris Hatchery Inc. Georgia ​ 114,851 5 3.26 % 0.00 % Ok Foods- Albertville Quality Foods, Inc. ​ 1,204,889 5 10.00 % 3.40 % ​ ​ $ 1,688,607 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2020 ​ ​ ​ ​ Annual Annual ​ ​ Final ​ Projection ​ discount ​ growth ​ ​ balance of ​ period ​ rate ​ rate ​ Cash-generating unit ​ the year ​ (years) ​ (%) ​ (%) Bachoco - Istmo and Peninsula regions ​ $ 212,833 5 12.95 % 3.00 % Campi ​ 88,015 5 12.95 % 3.00 % Ok Farms - Morris Hatchery, Inc. Arkansas ​ 66,162 5 3.43 % 0.00 % Ok Farms - Morris Hatchery Inc. Georgia ​ 111,715 5 3.43 % 0.00 % Ok Foods- Albertville Quality Foods, Inc. ​ 1,171,991 5 3.43 % 0.00 % ​ ​ $ 1,650,716 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2019 ​ ​ ​ ​ Annual Annual ​ ​ Final ​ Projection ​ discount ​ growth ​ ​ balance of ​ period ​ rate ​ rate ​ Cash-generating unit ​ the year ​ (years) ​ (%) ​ (%) Bachoco - Istmo and Peninsula regions ​ $ 212,833 ​ 5 12.84 % 3.00 % Campi ​ 88,015 ​ 5 12.84 % 3.00 % Ok Farms - Morris Hatchery, Inc. Arkansas ​ 62,647 ​ 5 5.22 % 0.00 % Ok Farms - Morris Hatchery Inc. Georgia ​ 105,780 ​ 5 5.22 % 0.00 % Ok Foods- Albertville Quality Foods, Inc. ​ ​ 1,109,719 ​ 5 ​ 5.22 % 0.00 % ​ ​ $ 1,578,994 ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021, the percentage by which the recoverable amount of each cash-generating unit exceeds its carrying amount is shown below: ​ ​ ​ ​ ​ Cash-generating unit % Bachoco - Istmo and Peninsula regions 49 % Campi 130 % Ok Farms- Morris Hatchery Inc. Arkansas 183 % Ok Farms- Morris Hatchery Inc. Georgia 60 % Ok Foods- Albertville Quality Foods, Inc. 4 %

Intangible assets (Tables)

Intangible assets (Tables)	12 Months Ended
	Dec. 31, 2021
Intangible assets
Schedule of Intangible assets	a) Intangible assets consist of the following:
Schedule of reconciliation between the carrying amounts at the beginning and at the end of the intangible assets	​ b) Reconciliation between the carrying amounts at the beginning and at the end of the intangible assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Trade names ​ ​ ​ ​ Customer ​ not subject to ​ ​ ​ relationships amortization Total Carrying amounts ​ Balance as of January 1, 2021 ​ $ 941,582 31,344 972,926 Additions ​ — — — Impairment loss ​ — (5,459) (5,459) Currency translation effect ​ 26,430 881 27,311 Balance as of December 31, 2021 ​ 968,012 26,766 994,778 ​ ​ ​ ​ ​ ​ ​ ​ Accumulated amortization ​ Balance as of January 1, 2021 ​ (219,702) — (219,702) Additions ​ — — — Amortization expense ​ (70,702) — (70,702) Balance as of December 31, 2021 ​ (290,404) — (290,404) Total intangible assets ​ $ 677,608 26,766 704,374 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Trade ​ ​ ​ ​ ​ ​ ​ names ​ ​ ​ ​ ​ ​ ​ not subject ​ ​ ​ ​ Customer ​ to ​ ​ ​ relationships amortization Total Carrying amounts ​ Balance as of January 1, 2020 ​ $ 817,820 29,679 847,499 Additions ​ — — — Currency translation effect ​ 123,762 1,665 125,427 Balance as of December 31, 2020 ​ 941,582 31,344 972,926 Accumulated amortization ​ Balance as of January 1, 2020 ​ (74,859) — (74,859) Additions ​ — — — Amortization expense ​ (144,843) — (144,843) Balance as of December 31, 2020 ​ (219,702) — (219,702) Total intangible assets ​ $ 721,880 31,344 753,224 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Trade ​ ​ ​ ​ ​ ​ ​ names ​ ​ ​ ​ ​ ​ ​ not subject ​ ​ ​ ​ Customer ​ to ​ ​ ​ relationships amortization Total Carrying amounts ​ Balance as of January 1, 2019 ​ $ 1,014,361 30,905 1,045,266 Additions ​ — — — Impairment loss ​ (73,733) — (73,733) Currency translation effect ​ (122,808) (1,226) (124,034) Balance as of December 31, 2019 ​ 817,820 29,679 847,499 Accumulated amortization ​ Balance as of January 1, 2019 ​ (95,911) — (95,911) Additions ​ — — — Amortization expense ​ 21,052 — 21,052 Balance as of December 31, 2019 ​ (74,859) — (74,859) Total intangible assets ​ $ 742,961 29,679 772,640

Other non-current assets (Table

Other non-current assets (Tables)	12 Months Ended
	Dec. 31, 2021
Other non-current assets.
Schedule of Other non-current assets	Other non-current assets consist of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Advances for purchase of property, plant and equipment ​ $ 367,023 ​ 472,828 495,015 Investments in life insurance (note 3 (l)) ​ 74,148 ​ 71,431 65,545 Security deposits ​ 24,511 ​ 23,476 21,545 Other long-term receivable ​ 211,278 ​ 193,689 173,488 Intangible assets in process ​ 1,616 ​ 2,996 2,841 Other ​ 56,128 ​ 54,502 51,614 Total non-current assets ​ $ 734,704 ​ 818,922 810,048

Financial debt (Tables)

Financial debt (Tables)	12 Months Ended
	Dec. 31, 2021
Financial debt
Schedule of Short-term financial debt	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Loan in the amount of 70,000 thousand dollars, maturing in January 2020 , at LIBOR (3) rate plus 0.62 percentage points . ​ $ — ​ — ​ 1,322,176 Loan denominated in pesos, maturing in January 2020 , at TIIE (1) rate plus 0.50 percentage points . ​ ​ — ​ — ​ 50,000 Loan in the amount of 80,000 thousand dollars, maturing in February 2020 , at LIBOR6 (4) rate plus 0.35 percentage points . ​ ​ — ​ — ​ 1,509,015 Loan denominated in pesos, maturing in February 2020 , at TIIE (1) rate plus 1.05 percentage points . ​ ​ — ​ — ​ 449,572 Loan denominated in pesos, maturing in May 2020 , at TIIE (1) rate plus 1.05 percentage points . ​ ​ — ​ — ​ 99,678 Loan denominated in pesos, maturing in June 2020 , at TIIE (1) rate plus 0.50 percentage points . ​ ​ — ​ — ​ 9,958 Loan in the amount of 39,000 thousand dollars, maturing in January 2021 , at LIBOR (3) rate plus 0.60 percentage points . ​ ​ — ​ 778,050 ​ — Loan denominated in pesos, maturing in February 2021 , at TIIE (1) rate plus 0.90 percentage points . ​ ​ — ​ 70,011 ​ — Loan denominated in pesos, maturing in December 2022 , at TIIE (1) rate plus 0.29 percentage points . ​ ​ 500,081 ​ — ​ — Total short-term debt ​ $ 500,081 ​ 848,061 3,440,399 (1) TIIE (for its acronym in Spanish) = Interbank Equilibrium Rate (2) FIRA (for its acronym in Spanish) = Agriculture Trust Funds (3) LIBOR= London Interbank Offered Rate (4) LIBOR6= London InterBank Offered Rate (6 months)
Schedule of Long-term debt	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Loan denominated in pesos, maturing in May 2021, at TIIE (1) plus 1.05 percentage points. ​ $ — ​ 209,499 ​ — Debt securities (subsection (d) of this note) ​ 1,493,830 ​ 1,460,405 1,488,208 Total ​ 1,493,830 ​ 1,669,904 1,488,208 Less current maturities ​ (1,493,830) ​ (209,499) — Long-term debt, excluding current maturities ​ $ — ​ 1,460,405 1,488,208
Reconciliation of liabilities arising from financing activities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Balance as of January 1 ​ $ 2,517,965 ​ 4,928,607 ​ ​ 5,037,600 Changes that represent cash flows ​ ​ ​ ​ ​ ​ Proceeds from borrowings ​ 1,709,080 ​ 4,030,700 ​ 4,839,000 Principal payment on loans ​ (2,267,280) ​ (6,762,222) ​ (4,808,163) Changes that do not represent cash flows ​ ​ ​ ​ ​ ​ Other ​ 34,146 ​ 320,880 ​ (139,830) Balance as of December 31 ​ $ 1,993,911 ​ 2,517,965 ​ ​ 4,928,607

Trade accounts and other acco_2

Trade accounts and other accounts payable (Tables)	12 Months Ended
	Dec. 31, 2021
Trade accounts and other accounts payable
Schedule of trade accounts and other accounts payable	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Trade payables ​ $ 8,122,486 ​ 4,516,424 3,972,460 Sundry creditors and expenses payable ​ 854,565 ​ 532,679 518,711 Provisions ​ 74,146 ​ 24,099 64,154 Statutory employee profit sharing ​ 291,744 ​ 62,075 86,710 Retained payroll taxes and other local taxes ​ 359,379 ​ 375,086 275,214 Direct employee benefits ​ 311,367 ​ 232,083 213,345 Interest payable ​ 1,436 ​ 10,575 28,060 Others ​ 133 ​ 116 173 ​ ​ $ 10,015,256 ​ 5,753,137 5,158,827

Transactions and balances wit_2

Transactions and balances with related parties (Tables)	12 Months Ended
	Dec. 31, 2021
Transactions and balances with related parties
Schedule of compensation paid to the directors and executives for services	The following table shows the compensation paid to the directors and executives for services provided in their respective positions for the years ended December 31, 2021, 2020 and 2019: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Compensation ​ $ 73,721 57,429 52,635
Schedule of Company's transactions and balances with other related parties	i. Revenues and balances receivable to related parties ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Transaction value ​ Balance as of ​ ​ December 31, ​ December 31, ​ 2021 2020 2019 2021 2020 2019 Sales of products to: ​ ​ Vimifos, S.A. de C.V. ​ $ 5,921 4,055 9,323 ​ $ 284 400 785 Frescopack, S.A. de C.V. ​ 63 53 58 ​ — — 58 Taxis Aéreos del Noroeste, S.A. de C.V. ​ 51 31 42 ​ — — — Alimentos Kowi, S.A. de C.V. ​ ​ 662 ​ 832 ​ 934 ​ ​ 7 ​ 286 ​ 337 Sonora Agropecuaria, S.A. DE C.V. ​ ​ — ​ 123,756 ​ 178,624 ​ ​ — ​ — ​ 12,494 ​ ​ $ 6,697 128,727 188,981 ​ $ 291 686 13,674 ​ ii. Expenses and balances payable to related parties ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Transaction value ​ Balance as of ​ ​ December 31, ​ December 31, ​ 2021 2020 2019 2021 2020 2019 Purchases of food, raw materials and packing supplies ​ ​ ​ ​ Vimifos, S.A. de C.V. ​ $ 440,379 ​ 411,129 582,458 ​ $ 41,219 ​ 58,836 41,399 Frescopack, S.A. de C.V. ​ 103,778 ​ 143,849 148,210 ​ 65,542 ​ 9,554 26,233 Pulmex 2000, S.A. de C.V. ​ 17,870 ​ 21,414 20,667 ​ 5,609 ​ 2,407 3,976 Qualyplast, S.A. de C.V. ​ 6,971 ​ 1,184 244 ​ — ​ 251 — Alimentos Kowi, S.A. de C.V. ​ ​ — ​ — ​ 907 ​ ​ — ​ — ​ — Sonora Agropecuaria, S.A. de C.V. ​ ​ — ​ 4,425 ​ 3,374 ​ ​ — ​ — ​ — Granja, Rab S.A. de C.V. ​ ​ 75,747 ​ — ​ — ​ ​ 3,187 ​ — ​ — Fertilizantes Tepeyac, S.A. de C.V. ​ ​ 399,480 ​ — ​ — ​ ​ 32 ​ — ​ — EBIPAC S.A.P.I. de C.V. ​ ​ 41,001 ​ — ​ — ​ ​ 412 ​ — ​ — GASBO, S.A. de C.V. ​ ​ 3,583 ​ — ​ — ​ ​ 267 ​ — ​ — Purchases of vehicles, tires and spare parts ​ ​ ​ ​ Maquinaria Agrícola, S.A. de C.V. ​ $ — ​ — — ​ — ​ 5 5 Llantas y Accesorios, S.A. de C.V. ​ 42,601 ​ 42,554 38,947 ​ 4,614 ​ 6,378 4,213 Autos y Accesorios, S.A. de C.V. ​ 40,194 ​ 48,129 10,776 ​ 3,413 ​ 339 124 Autos y Tractores de Culiacán, S.A. de C.V. ​ 31,753 ​ 42,857 11,519 ​ 726 ​ 336 149 Camiones y Tractocamiones de Sonora, S.A. de C.V. ​ 164,306 ​ 91,098 270,968 ​ 59,602 ​ 2,636 149 Agencia MX-5, S.A de C.V. ​ 410 ​ 63 904 ​ 27 ​ 6 9 Alfonso R. Bours, S.A. de C.V. ​ 4,926 ​ 2,651 187 ​ 604 ​ 50 49 Cajeme Motors S.A. de C.V. ​ 442 ​ 287 183 ​ 120 ​ 44 89 Airplane leasing expenses ​ ​ ​ ​ ​ ​ Taxis Aéreos del Noroeste, S.A. de C.V. ​ $ 1,435 ​ — 24,971 ​ 55 ​ — 307 ​ ​ ​ ​ ​ ​ ​ ​ ​ $ 185,429 ​ 80,842 76,704

Income Tax (Tables)

Income Tax (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax
Schedule of income tax (benefit) expense included in profit and loss	For the years ended December 31, 2021, 2020 and 2019, the income tax (benefit) expense included in profit and loss is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31 ​ 2021 2020 2019 Operation in Mexico: ​ ​ Current ISR ​ $ 1,790,621 ​ 1,321,021 1,066,160 Deferred ISR ​ 257,020 ​ 341,131 324,415 ​ ​ 2,047,641 ​ 1,662,152 1,390,575 Foreign operations: ​ ​ ​ Current ISR ​ — ​ 33 (1,859) Deferred ISR ​ (240,003) ​ (450,574) (263,738) Total ISR expense ​ $ 1,807,638 ​ 1,211,611 1,124,978
Schedule of income tax expense attributable to income before income taxes	The income tax expense attributable to income before income taxes differed from the amount computed by applying the ISR rate of 30% in 2021, 2020 and 2019 due to the items listed below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2021 ​ 2020 ​ 2019 ​ ISR Percentage ISR Percentage ISR Percentage Expected expense ​ $ 2,022,521 30 % $ 1,555,111 30 % $ 1,292,925 30 % Increase (decrease) resulting from: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net effects of inflation ​ (379,311) (6) % (196,379) (4) % (168,822) (4) % (Non-taxable income) Non-deductible expenses ​ 29,503 0 % 7,641 0 % 11,027 0 % Effect of rate difference of foreign subsidiary ​ 42,516 1 % 20,907 0 % 48,658 1 % Effect from non-deductible employee benefits ​ 145,301 3 % 115,496 2 % 70,202 2 % Effect of tax incentive ​ ​ (54,523) ​ (1) % ​ (69,920) ​ (1) % ​ (60,861) ​ (1) % Effect of carryback tax losses in the United States of America (1) ​ — — ​ (190,144) (4) % — — ​ Bargain purchase gain of domestic business acquisition ​ ​ — ​ — ​ ​ (27,267) ​ (0) % ​ — ​ — ​ Other ​ 1,631 0 % (3,834) (0) % (68,151) (2) % Income tax expense ​ $ 1,807,638 27 % $ 1,211,611 23 % $ 1,124,978 26 %
Schedule of tax effects of temporary differences, tax losses and tax credits	The tax effects of temporary differences, tax losses and tax credits that give rise to significant portions of deferred tax assets and liabilities as of December 31, 2021, 2020 and 2019 are detailed below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Deferred tax assets ​ ​ Accounts payable ​ $ 33,873 ​ 2,207 2,481 Employee benefits ​ 31,692 ​ 199,087 164,019 PTU payable ​ 2,476 ​ 16,690 26,020 Tax loss carryforwards ​ 917,737 ​ 60,354 56,163 Inventories ​ ​ — ​ — ​ 616 Property, plant and equipment ​ ​ — ​ 1,696 ​ 1,113 Other provisions ​ 60,946 ​ 648 — Tax incentives to be credited in the United States of America ​ ​ 45,386 ​ — ​ — Other items ​ ​ 17 ​ — ​ — Total deferred tax assets ​ 1,092,127 ​ 280,682 250,412 ​ ​ ​ ​ ​ ​ ​ ​ Deferred tax liabilities ​ ​ ​ ​ ​ ​ ​ Inventories ​ ​ 218,204 ​ — ​ — Property, plant and equipment ​ ​ 469,946 ​ — ​ — Prepaid expenses ​ ​ 860 ​ 2,872 ​ 4,593 Goodwill ​ ​ 9,865 ​ — ​ — Intangible assets ​ ​ 178,356 ​ — ​ — Other provisions ​ ​ — ​ 7,655 ​ 547 Derivative financial instruments ​ ​ 1,157 ​ 8,221 ​ — Total deferred tax liabilities ​ ​ 878,388 ​ 18,748 ​ 5,140 Net deferred tax assets ​ $ 213,739 ​ 261,934 ​ 245,272 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Deferred tax assets ​ ​ Accounts payable ​ $ 1,948,897 ​ 1,090,676 1,097,422 Employee benefits ​ ​ 201,835 ​ — ​ — PTU payable ​ 85,053 ​ 1,037 — Tax loss carryforwards ​ 31,993 ​ 606,935 271,772 Other provisions ​ 62,503 ​ 144,861 63,314 Total deferred tax assets ​ 2,330,281 ​ 1,843,509 1,432,508 ​ ​ ​ ​ ​ ​ ​ ​ Deferred tax liabilities ​ ​ ​ ​ ​ Inventories ​ 2,053,059 ​ 1,820,929 1,696,300 Accounts receivable ​ 593,754 ​ 497,655 445,198 Property, plant and equipment ​ 2,558,209 ​ 2,915,222 2,667,824 Prepaid expenses ​ 952,322 ​ 286,844 332,392 Goodwill ​ ​ — ​ 5,147 ​ 584 Intangible assets ​ ​ — ​ 188,919 ​ 190,900 Other items ​ 1,282 ​ — — Derivative financial instruments ​ 13,130 ​ 3,773 3,803 Total deferred tax liabilities ​ 6,171,756 ​ 5,718,489 5,337,001 Net deferred tax liability ​ $ 3,841,475 ​ 3,874,980 3,904,493
Schedule of Movement in temporary differences during the fiscal year	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Acquired or/ ​ ​ ​ ​ ​ ​ ​ Recognized ​ Recognized ​ ​ ​ ​ January 1, ​ in profit ​ directly in ​ December 31, ​ 2021 and loss equity 2021 Accounts payable ​ $ (1,092,883) (889,150) (737) (1,982,770) Employee benefits ​ (199,087) (41,472) 7,032 (233,527) PTU payable ​ (17,727) (69,802) — (87,529) Tax loss carryforwards ​ (667,289) (258,865) (23,576) (949,730) Other provisions ​ (137,854) 19,020 (4,615) (123,449) Goodwill ​ 5,147 4,293 425 9,865 Intangible assets ​ 188,919 (14,891) 4,328 178,356 Inventories ​ 1,820,929 443,845 6,489 2,271,263 Accounts receivable ​ 497,655 96,099 — 593,754 Property, plant and equipment ​ 2,913,526 105,961 8,668 3,028,155 Prepaid expenses ​ ​ 289,716 663,466 — 953,182 Derivative financial instruments ​ 11,994 ​ 2,293 ​ — ​ 14,287 Tax incentives to be credited in the United States of America ​ ​ — ​ (45,386) ​ — ​ (45,386) Other items ​ ​ — ​ 1,606 ​ (341) ​ 1,265 Net deferred tax liability ​ $ 3,613,046 17,017 (2,327) 3,627,736 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Acquired or/ ​ ​ ​ ​ ​ ​ ​ Recognized ​ Recognized ​ ​ ​ ​ January 1, ​ in profit ​ directly in ​ December 31, ​ 2020 and loss equity 2020 Accounts payable ​ $ (1,099,903) 8,163 (1,143) (1,092,883) Employee benefits ​ (164,060) (35,027) — (199,087) PTU payable ​ (26,020) 8,293 — (17,727) Tax loss carryforwards ​ (327,935) (314,628) (24,726) (667,289) Interest carryforwards ​ - 1,551 (1,551) - Other provisions ​ (62,767) (74,804) (283) (137,854) Goodwill ​ 584 4,371 192 5,147 Intangible assets ​ 190,900 (12,248) 10,267 188,919 Inventories ​ 1,695,684 114,135 11,110 1,820,929 Accounts receivable ​ 445,198 52,457 — 497,655 Property, plant and equipment ​ 2,666,752 177,372 69,402 2,913,526 Prepaid expenses ​ 336,985 ​ (47,269) ​ — ​ 289,716 Derivative financial instruments ​ ​ 3,803 8,191 — 11,994 Net deferred tax liability ​ $ 3,659,221 ​ (109,443) ​ 63,268 ​ 3,613,046 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Acquired or/ ​ ​ ​ ​ ​ ​ ​ Recognized ​ Recognized ​ ​ ​ ​ January 1, ​ in profit ​ directly in ​ December 31, ​ 2019 and loss equity 2019 Accounts payable ​ $ (1,511,013) 410,152 958 (1,099,903) Employee benefits ​ (53,398) (197,728) 87,107 (164,019) PTU payable ​ (20,536) (5,484) — (26,020) Tax loss carryforwards ​ (59,883) (273,479) 5,427 (327,935) Other provisions ​ (78,230) 15,436 27 (62,767) Goodwill ​ (3,879) 4,391 72 584 Intangible assets ​ ​ 233,749 (34,220) (8,629) 190,900 Inventories ​ 1,639,156 64,120 (7,592) 1,695,684 Accounts receivable ​ 366,825 78,373 — 445,198 Property, plant and equipment ​ 2,503,223 184,454 (20,966) 2,666,711 Prepaid expenses ​ 647,480 (310,495) — 336,985 Derivative financial instruments ​ — 3,803 — 3,803 Net deferred tax liability ​ $ 3,663,494 (60,677) 56,404 3,659,221
Schedule of tax on assets and tax loss carryforwards and its expiration period	As of December 31, 2021, tax loss carryforwards expire as shown below. Amounts are indexed for inflation as permitted by Mexican income tax law: ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount as of December 31, 2021 ​ ​ Tax loss ​ Year of expiration / Year carryforwards maturity 2017 ​ $ 57,372 2027 2018 ​ 204,879 2028 2019 ​ ​ 1,285,521 ​ 2029 2020 ​ ​ 1,584,611 ​ 2030 2021 ​ ​ 1,050,678 ​ 2031 ​ ​ $ 4,183,061 ​ ​

Employee benefits (Tables)

Employee benefits (Tables)	12 Months Ended
	Dec. 31, 2021
Employee benefits.
Schedule of defined benefits plan	The projected net liability presented on the consolidated statements of financial position is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Present value of unfunded obligations ​ $ 656,252 ​ 592,294 487,810 Present value of funded obligations ​ 121,643 ​ 163,651 148,392 Total present value of benefit obligations ("PBO") ​ 777,895 ​ 755,945 636,202 Plan assets at fair value ​ (121,643) ​ (163,651) (148,392) Projected liability, net ​ $ 656,252 ​ 592,294 487,810
Schedule of composition and return of plan assets	i. Composition and return of plan assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Actual return of the plan assets ​ Composition of the plan assets ​ 2021 2020 2019 2021 2020 2019 Fixed income securities 5.90 % 11.28 % 12.67 % 58 % 63 % 62 % Variable income securities 21.55 % 9.47 % 15.65 % 42 % 37 % 38 % Total 100 % 100 % 100 %
Schedule of movements in the present value of defined benefit obligations (PBO)	ii. Movements in the present value of PBO ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 PBO as of January 1 ​ $ 755,945 ​ 636,202 500,072 Benefits paid by the plan ​ (27,743) ​ (78,149) (54,932) Service cost ​ 25,890 ​ 38,987 30,108 Interest cost ​ 33,115 ​ 53,343 50,421 Actuarial losses recognized in other comprehensive income ​ 6,497 ​ 105,562 110,533 Past service cost – plan amendments ​ (15,809) ​ — — PBO as of December 31 ​ $ 777,895 ​ 755,945 636,202
Schedule of movements in the fair value of plan assets	iii. Movements in the fair value of plan assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Plan assets at fair value as of January 1 ​ $ 163,651 ​ 148,392 197,247 Transfer of assets to fund defined contribution benefit plan ​ — ​ — (39,079) Benefits paid by the plan ​ (56,287) ​ — (32,027) Expected return on plan assets ​ 13,260 ​ 13,678 19,615 Actuarial profits in other comprehensive income ​ 1,019 ​ 1,581 2,636 Fair value of plan assets as of December 31 ​ $ 121,643 ​ 163,651 148,392
Schedule of expense recognized in profit and loss	iv. Expense recognized in profit and loss ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Current service cost ​ $ 25,890 ​ 38,987 30,108 Interest cost, net ​ 19,855 ​ 39,665 30,806 ​ ​ $ 45,745 ​ 78,652 60,914
Schedule of actuarial gains and (losses)	v. Actuarial gains and (losses) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Amount accumulated as of January, 1 ​ $ (383,126) ​ ​ (279,144) (171,247) Recognized during the year ​ (5,478) ​ (103,982) (107,897) Amount accumulated as of December, 31 ​ $ (388,604) ​ ​ (383,126) (279,144)
Schedule of actuarial assumptions	vi. Actuarial assumptions Primary actuarial assumptions at the consolidated financial statements date (expressed as weighted averages) are as follows. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Discount rate as of December, 31 9.50 % 7.75 % 8.75 % Rate for future salary increases 4.50 % 4.50 % 4.50 % Social security wage increase rate 3.50 % 3.50 % 3.50 %
Schedule of historical information	vii. Historical information ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2021 2020 2019 Present value of defined benefit obligation ​ $ 777,895 ​ 755,945 636,202 Plan assets at fair value ​ (121,643) ​ (163,651) (148,392) Plan deficit ​ $ 656,252 ​ 592,294 487,810 Experience adjustments arising from plan liabilities ​ $ (6,497) ​ (105,562) (110,533) Experience adjustments arising from plan assets ​ $ 1,019 ​ 1,581 2,636
Schedule of sensitivity analysis of the defined benefits obligations	viii. Sensitivity analysis of the defined benefits obligations as of December 31, 2021, 2020 and 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pension Seniority Constructive Total 2021 ​ plan ​ premium ​ obligation ​ PBO Discount rate 9.50% ​ $ (551,682) (226,213) — (777,895) Rate increase (+ 1%) $ (541,855) (222,957) — (764,812) Rate decrease (- 1%) $ (561,819) (229,562) — (791,381) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pension Seniority Constructive Total 2020 ​ plan ​ premium ​ obligation ​ PBO Discount rate 7.75% $ (531,251) ​ (203,282) ​ (21,412) ​ (755,945) Rate increase (+ 1%) $ (511,884) ​ (200,058) ​ (21,209) ​ (733,151) Rate decrease (- 1%) $ (554,180) ​ (206,605) ​ (21,619) ​ (782,404) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pension Seniority Constructive Total 2019 ​ plan ​ premium ​ obligation ​ PBO Discount rate 8.75% ​ $ (442,133) ​ (173,401) ​ (20,668) ​ (636,202) Rate increase (+ 1%) $ (434,134) ​ (170,812) ​ (20,490) ​ (625,436) Rate decrease (- 1%) $ (450,391) ​ (176,067) ​ (20,852) ​ (647,310)
Schedule of expected cash flows	ix. Expected cash flows ​ ​ ​ ​ ​ ​ Total 2022-2031 ​ $ 776,766

Costs and expenses by nature (T

Costs and expenses by nature (Tables)	12 Months Ended
	Dec. 31, 2021
Costs and expenses by nature
Schedule of costs and expenses by nature	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Cost of sales ​ $ 68,356,654 ​ 57,707,566 51,557,351 General, selling and administrative expenses ​ 7,127,780 ​ 6,420,397 6,116,620 ​ ​ $ 75,484,434 ​ 64,127,963 57,673,971 ​ ​ ​ ​ ​ ​ ​ ​ Inventory consumption ​ $ 54,103,917 ​ 44,747,933 39,823,395 Wages and salaries ​ 9,735,452 ​ 8,507,124 7,561,229 Freight ​ 5,428,050 ​ 5,037,768 5,047,007 Maintenance ​ 2,340,899 ​ 2,006,848 1,715,820 Other utility expenses ​ 1,800,952 ​ 1,402,459 1,595,993 Depreciation ​ 1,393,097 ​ 1,590,303 1,265,391 Depreciation of right-of-use assets ​ ​ 343,367 ​ 307,757 ​ 302,804 Leases (1) ​ 156,612 ​ 119,592 96,825 Other ​ 182,088 ​ 408,179 265,507 Total ​ $ 75,484,434 ​ 64,127,963 57,673,971 ​ (1) Leasing expense in 2021, 2020 and 2019 includes contracts classified as low value or those with terms less than twelve months.

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2021
Leases
Summary of leased assets with recognized right of use	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ ​ Balance as of ​ ​ January 1, ​ ​ ​ Modifications ​ Anticipated ​ December 31, Right-of-use assets ​ 2021 ​ Additions ​ and disposal ​ termination ​ 2021 Buildings and construction ​ $ 469,387 42,249 (3,949) 43,145 550,832 Machinery and equipment ​ 447,424 52,143 4,343 125,251 629,161 Transportation equipment ​ 349,208 24,595 (1,818) 68,132 440,117 Computer equipment ​ 19,392 3,603 (1,492) (2,600) 18,903 Total ​ $ 1,285,411 122,590 (2,916) 233,928 1,639,013 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Balance as of ​ Depreciation ​ Currency ​ December 31, Depreciation of right-of-use assets ​ January 1, 2021 ​ for the year ​ translation effect ​ 2021 Buildings and construction $ (153,987) (114,957) (1,632) (270,576) Machinery and equipment ​ (236,330) (121,266) (2,222) (359,818) Transportation equipment ​ (206,627) (102,245) (6,186) (315,058) Computer equipment ​ (9,622) (4,899) 1,170 (13,351) Total $ (606,566) (343,367) (8,870) (958,803) Total right-of-use assets $ 678,845 680,210 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Balance as of ​ ​ January 1, ​ ​ ​ Modifications ​ December 31, Right-of-use assets ​ 2020 ​ Additions ​ and disposal ​ 2020 Buildings and construction ​ $ 380,011 101,272 (11,896) 469,387 Machinery and equipment ​ 447,179 39,020 (38,775) 447,424 Transportation equipment ​ 283,332 4,767 61,109 349,208 Computer equipment ​ 15,014 2,572 1,806 19,392 Total ​ $ 1,125,536 147,631 12,244 1,285,411 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ Currency Balance as of ​ ​ January 1, ​ Depreciation ​ translation ​ December 31, Depreciation of right-of-use assets ​ 2020 ​ for the year ​ effect ​ 2020 Buildings and construction ​ $ (97,736) (58,148) 1,897 (153,987) Machinery and equipment ​ (116,391) (119,740) (199) (236,330) Transportation equipment ​ (84,120) (126,211) 3,704 (206,627) Computer equipment ​ (4,557) (3,658) (1,407) (9,622) Total ​ $ (302,804) (307,757) 3,995 (606,566) Total right-of-use assets ​ $ 822,732 678,845 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ Balance as of ​ ​ ​ December 31, Right-of-use assets ​ January 1 ​ Additions ​ 2019 Buildings and construction ​ $ 320,528 59,483 380,011 Machinery and equipment ​ 370,410 76,769 447,179 Transportation equipment ​ 219,132 64,200 283,332 Computer equipment ​ 12,340 2,674 15,014 Total ​ $ 922,410 203,126 1,125,536 ​ ​ ​ ​ ​ ​ Balance as of ​ ​ December 31, Depreciation of right-of-use assets ​ 2019 Buildings and construction ​ $ (97,736) Machinery and equipment ​ (116,391) Transportation equipment ​ (84,120) Computer equipment ​ (4,557) Total ​ $ (302,804) Total right-of-use assets ​ $ 822,732 ​ b) The movements in liabilities for these lease contracts were as follows:
Summary of movements in liabilities for these lease contracts	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as ​ ​ ​ ​ ​ Currency Balance as of ​ ​ of January ​ ​ Modifications ​ Anticipated ​ ​ Interest translation December Lease liabilities ​ 1, 2021 ​ Additions ​ and disposals ​ termination ​ Payment ​ paid effect 31, 2021 Buildings and construction $ 310,014 42,249 (3,953) 77,022 (129,306) 15,414 (11,806) 299,634 Machinery and equipment ​ 238,650 52,143 4,359 105,831 (128,212) 11,779 (33,421) 251,129 Transportation equipment ​ 162,392 24,595 (1,835) 20,287 (96,167) 4,415 (19,966) 93,721 Computer equipment ​ 8,655 3,603 — 919 (5,302) 240 (1,119) 6,996 Total $ 719,711 122,590 (1,429) 204,059 (358,987) 31,848 (66,312) 651,480 Current Lease liabilities ​ (278,981) — — — — — (828) (279,809) Long term lease liabilities $ 440,730 122,590 (1,429) 204,059 (358,987) 31,848 (67,140) 371,671 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ ​ ​ ​ Currency Balance as of ​ ​ January 1, ​ ​ ​ Modifications ​ ​ ​ Interest ​ translation ​ December 31, Lease liabilities ​ 2020 ​ Additions and disposals ​ Payment ​ paid ​ effect ​ 2020 Buildings and construction ​ $ 280,277 101,272 ​ 31,213 (121,909) 17,903 1,258 310,014 Machinery and equipment ​ 308,710 39,020 ​ (19,990) (143,240) 26,143 28,007 238,650 Transportation equipment ​ 204,258 4,767 ​ 57,473 (115,851) 9,228 2,517 162,392 Computer equipment ​ 9,805 2,572 ​ 1,560 (5,710) 365 63 8,655 Total ​ $ 803,050 147,631 ​ 70,256 (386,710) 53,639 31,845 719,711 Current Lease liabilities ​ (149,538) (123,276) ​ — — — (6,167) (278,981) Long term lease liabilities ​ $ 653,512 24,355 ​ 70,256 (386,710) 53,639 25,678 440,730 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of ​ ​ ​ Currency Balance as ​ ​ January 1, ​ ​ ​ ​ ​ Interest ​ translation ​ of December Lease liabilities ​ 2019 ​ Additions ​ Payment ​ paid ​ effect ​ 31, 2019 Buildings and construction ​ $ 320,528 59,297 (113,097) 17,423 (3,874) 280,277 Machinery and equipment ​ 370,410 63,662 (124,435) 11,933 (12,860) 308,710 Transportation equipment ​ 219,132 64,129 (82,381) 8,070 (4,692) 204,258 Computer equipment ​ 12,340 2,674 (5,294) 371 (286) 9,805 Total ​ $ 922,410 189,762 (325,207) 37,797 (21,712) 803,050 Current Lease liabilities ​ — — — — — (149,538) Long term lease liabilities ​ $ — — — — — 653,512 ​ c) The detail of the maturity of the long-term lease liabilities is shown below:
Summary of Maturity Analysis of Operating Lease Payment	​ ​ ​ ​ ​ 2023 $ 213,141 2024 ​ 78,918 2025 ​ 32,571 Subsequent ​ 47,041 ​ ​ $ 371,671

Stockholder's equity and rese_2

Stockholder's equity and reserves (Tables)	12 Months Ended
	Dec. 31, 2021
Stockholder's equity and reserves
Schedule of sale of the shares, the Company's capital stock	​ ​ ​ ​ ​ ​ ​ ​ Shareholding integration ​ ​ as of December 31, 2021, ​ ​ ​ 2020 and 2019 ​ Shares (1) Position ​ Familiar Trusts 439,500,000 73.25 % - Control Trust 312,000,000 52.00 % - Placement Trust 127,500,000 21.25 % Floating Position (2) 160,500,000 26.75 % ​ (1) All Series B shares with voting power. (2) Operating at the BMV and the NYSE.
Schedule of stockholders with 1% or more interest stockholders with 1% or more interest in the Company	Based on the information provided to the Company, as of December 31, 2021, stockholders with 1% or more interest in the Company, in addition to the family trusts, are as follows: ​ ​ ​ ​ ​ ​ ​ Shares Position GBM Fondo de Inversión Total, S.A. de C.V. 12,908,807 2.15 % Norges Bank Investment Management (Norway) ​ 8,488,994 ​ 1.41 % Renaissance Technologies LLC ​ 7,749,588 ​ 1.29 % Tweedy, Browne Company LLC ​ 6,736,874 ​ 1.12 %
Schedule of movements of the reserve for acquisition of shares	The following table shows the movements of the reserve for acquisition of shares during the years ended December 31, 2021, 2020 and 2019: ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Balance as of January 1 152,768 100,396 86,928 (+) Total shares purchased 649,543 212,860 133,488 (-) Total shares sold (182,768) (160,488) (120,020) Balance as of December 31 619,543 152,768 100,396
Schedule of tax balances of stockholder's equity	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as Balance ​ CUFIN 2013 from 2014 Total IBSA individual ​ $ 5,858,638 11,676,526 17,535,164 IBSA Consolidated ​ 6,189,929 26,957,219 33,147,148

Financial income and costs (Tab

Financial income and costs (Tables)	12 Months Ended
	Dec. 31, 2021
Financial income and costs
Schedule of financial income and costs	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Interest income ​ $ 591,046 ​ 698,962 988,005 Income from interest in accounts receivable ​ 6,564 ​ 7,024 3,627 Foreign exchange gain, net ​ 519,796 ​ 467,534 — Financial income ​ 1,117,406 ​ 1,173,520 991,632 ​ ​ ​ ​ ​ ​ Effects of valuation of derivative financial instruments ​ ​ (1,541) ​ (291) ​ (8,029) Foreign exchange loss, net ​ — ​ — (272,220) Interest expense and financial expenses on financial debt ​ ​ (104,179) ​ (159,169) ​ (250,820) Interest paid on lease ​ (31,848) ​ (53,639) (37,797) Other financial expenses ​ ​ (129,955) ​ (78,230) ​ (41,502) Financial costs ​ (267,523) ​ (291,329) (610,368) Financial income, net ​ $ 849,883 ​ 882,191 381,264

Other (expenses) income (Tables

Other (expenses) income (Tables)	12 Months Ended
	Dec. 31, 2021
Other (expenses) income
Schedule of other (expenses) income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2021 2020 2019 Other income ​ ​ Sale of scrap of biological assets, raw materials, by-products and other ​ $ 1,076,605 ​ 866,027 1,203,836 Bargain purchase gain of domestic business acquisition (note 4) ​ — ​ 90,889 — Total other income ​ 1,076,605 ​ 956,916 1,203,836 Other expenses ​ ​ ​ ​ ​ Cost of disposal of biological assets, raw materials, by-products and other ​ (910,366) ​ (825,415) (944,848) Other ​ (489,018) ​ (494,028) (263,722) Total other expenses ​ (1,399,384) ​ (1,319,443) (1,208,570) Total other expenses, net ​ $ (322,779) ​ (362,527) (4,734)

Basis of preparation (Details)

Basis of preparation (Details) $ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021MXN ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020MXN ($)	Dec. 31, 2019MXN ($)
Basis of preparation
Closing foreign exchange rate	20.51	20.51	19.95	18.89
Intangible impairment loss	$ 5,459	$ 5,459	$ 0	$ 73,733

Significant accounting polici_4

Significant accounting policies - Estimated useful lives (Details)	12 Months Ended
	Dec. 31, 2021
Buildings
Disclosure Of Significant Accounting Policies
Useful lives or depreciation rates, property, plant and equipment	46 years
Machinery and Equipment
Disclosure Of Significant Accounting Policies
Useful lives or depreciation rates, property, plant and equipment	19 years
Vehicles
Disclosure Of Significant Accounting Policies
Useful lives or depreciation rates, property, plant and equipment	11 years
Computer
Disclosure Of Significant Accounting Policies
Useful lives or depreciation rates, property, plant and equipment	8 years
Furniture
Disclosure Of Significant Accounting Policies
Useful lives or depreciation rates, property, plant and equipment	11 years

Significant accounting polici_5

Significant accounting policies - Estimated residual values (Details)	12 Months Ended
	Dec. 31, 2021
Buildings
Disclosure Of Significant Accounting Policies
Estimated rates of residual, property, plant and equipment	9.00%
Machinery and Equipment
Disclosure Of Significant Accounting Policies
Estimated rates of residual, property, plant and equipment	8.00%
Vehicles
Disclosure Of Significant Accounting Policies
Estimated rates of residual, property, plant and equipment	5.00%
Computer
Disclosure Of Significant Accounting Policies
Estimated rates of residual, property, plant and equipment	0.00%
Furniture
Disclosure Of Significant Accounting Policies
Estimated rates of residual, property, plant and equipment	2.00%

Significant accounting polici_6

Significant accounting policies - Estimated Depreciation of poultry and breeder pigs (Details)	12 Months Ended
	Dec. 31, 2021
Poultry in its different production stages [Member] | Bottom of range [member]
Disclosure Of Significant Accounting Policies
Expected avg useful life	280 days
Poultry in its different production stages [Member] | Top of range [member]
Disclosure Of Significant Accounting Policies
Expected avg useful life	329 days
Breeder pigs [Member]
Disclosure Of Significant Accounting Policies
Expected avg useful life	1092 days

Business and asset acquisitio_3

Business and asset acquisitions - Sonora Agropecuaria, S.A. de C.V (Details) - MXN ($) $ in Thousands	Jun. 26, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure Of Business And Asset Acquisitions [Line Items]
Bargain purchase gain (note 30)		$ 0	$ 90,889	$ 0
Sonora Agropecuaria, S.A. de C.V.
Disclosure Of Business And Asset Acquisitions [Line Items]
Current assets, other than inventories	$ 349,834
Inventories	123,959
Property, plant and equipment	383,680
Total assets	857,473
Current liabilities	(263,365)
Deferred income tax	(35,916)
Acquired net identifiable assets, net	558,192
Controlling interest	305,889
Non-controlling interest	252,303
Consideration paid	215,000
Bargain purchase gain (note 30)	$ 90,889

Business and asset acquisitio_4

Business and asset acquisitions - Additional information (Details) - Sonora Agropecuaria, S.A. de C.V. - MXN ($) $ in Thousands	Jun. 26, 2020	Dec. 31, 2020
Disclosure Of Business And Asset Acquisitions [Line Items]
Percentage of voting equity interests acquired	54.80%
Consideration paid	$ 215,000
Revenue of combined entity as if combination occurred at beginning of period		$ 70,337,002
Profit (loss) of combined entity as if combination occurred at beginning of period		3,991,092
Acquisition-related costs recognised as expense for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination		$ 1,704

Subsidiaries of the Company (De

Subsidiaries of the Company (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Bachoco SA de CV [Member]
Disclosure Of Subsidiaries Of Company
Proportion of ownership interest in subsidiary	51.00%
MEXICO | Bachoco SA de CV [Member]
Disclosure Of Subsidiaries Of Company
Proportion of ownership interest in subsidiary	99.99%	99.99%	99.99%
MEXICO | Campi Alimentos SA de CV [Member]
Disclosure Of Subsidiaries Of Company
Proportion of ownership interest in subsidiary	99.99%	99.99%	99.99%
MEXICO | Induba Pavos SA de CV [Member]
Disclosure Of Subsidiaries Of Company
Proportion of ownership interest in subsidiary	99.99%	99.99%	99.99%
MEXICO | Bachoco Comercial SA de CV [Member]
Disclosure Of Subsidiaries Of Company
Proportion of ownership interest in subsidiary	99.99%	99.99%	99.99%
MEXICO | PEC LAB SA de CV [Member]
Disclosure Of Subsidiaries Of Company
Proportion of ownership interest in subsidiary	64.00%	64.00%	64.00%
MEXICO | Aviser SA de CV [Member]
Disclosure Of Subsidiaries Of Company
Proportion of ownership interest in subsidiary		99.99%	99.99%
MEXICO | Operadora de Servicios de Personal SA de CV [Member]
Disclosure Of Subsidiaries Of Company
Proportion of ownership interest in subsidiary		99.99%	99.99%
MEXICO | Secba SA de CV [Member]
Disclosure Of Subsidiaries Of Company
Proportion of ownership interest in subsidiary		99.99%	99.99%
MEXICO | Servicios de Personal Administrativo SA de CV [Member]
Disclosure Of Subsidiaries Of Company
Proportion of ownership interest in subsidiary		99.99%	99.99%
MEXICO | Sepetec SA de CV [Member]
Disclosure Of Subsidiaries Of Company
Proportion of ownership interest in subsidiary		99.99%	99.99%
MEXICO | Proveedora La Perla SA of CV [Member]
Disclosure Of Subsidiaries Of Company
Proportion of ownership interest in subsidiary	100.00%	100.00%	100.00%
MEXICO | SonoraAgropecuariaS.a.DeC.v. [Member]
Disclosure Of Subsidiaries Of Company
Proportion of ownership interest in subsidiary	54.84%	54.80%
UNITED STATES | Bachoco USA LLC Subsidiary [Member]
Disclosure Of Subsidiaries Of Company
Proportion of ownership interest in subsidiary	100.00%	100.00%	100.00%
BERMUDA | Wii kit RE LTD [Member]
Disclosure Of Subsidiaries Of Company
Proportion of ownership interest in subsidiary	100.00%	100.00%	100.00%

Operating segments - Operating

Operating segments - Operating segment information (Details) $ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021MXN ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020MXN ($)	Dec. 31, 2019MXN ($)	Dec. 31, 2018MXN ($)
Disclosure of operating segments [line items]
Net revenues	$ 81,699,068		$ 68,792,002	$ 61,655,245
Cost of sales	68,356,654		57,707,566	51,557,351
Gross profit	13,342,414		11,084,436	10,097,894
Finance income	1,117,406		1,173,520	991,632
Finance costs	267,523		291,329	610,368
Income before taxes	6,741,738		5,183,703	4,357,804
Income taxes	1,807,638		1,211,611	1,124,978
Net income attributable to controlling interest	5,065,554		3,935,672	3,219,931
Property, plant and equipment, net	21,763,402		19,733,822	18,556,646
Goodwill	1,688,607		1,650,716	1,578,994	$ 1,631,771
Intangible assets	704,374		753,224	772,640
Non-current biological assets	2,358,137		1,991,530	1,818,911
Total assets	65,884,861		58,475,000	55,702,491
Total Liabilities	17,600,801		14,548,192	15,442,156
Purchases of property, plant and equipment	3,479,493		2,752,281	2,069,327
Depreciation and amortization	1,463,798		1,735,146	1,286,443
Depreciation of Right use of assets	343,367
Intangible impairment loss	5,459	$ 5,459	0	73,733
Elimination of intersegment amounts [member]
Disclosure of operating segments [line items]
Net revenues	(52,596)		(46,973)	(39,172)
Total revenues
Disclosure of operating segments [line items]
Net revenues	81,751,664		68,838,975	61,694,417
Poultry revenues segment
Disclosure of operating segments [line items]
Net revenues	71,647,726		61,323,853	55,653,027
Cost of sales	59,195,273		51,165,650	46,456,076
Gross profit	12,452,453		10,158,203	9,196,951
Finance income	879,142		998,654	860,140
Finance costs	214,780		260,570	529,226
Income before taxes	6,052,051		4,626,582	3,854,474
Income taxes	1,655,934		1,060,876	993,652
Net income attributable to controlling interest	4,394,865		3,532,589	2,849,145
Property, plant and equipment, net	19,943,697		17,146,405	16,440,851
Goodwill	1,600,592		1,562,404	1,490,978
Intangible assets	704,374		753,224	772,640
Non-current biological assets	2,308,577
Total assets	58,387,628		51,081,829	49,533,440
Total Liabilities	16,592,293		13,144,941	14,066,224
Purchases of property, plant and equipment	3,298,794		1,978,818	1,811,086
Depreciation and amortization	1,306,665		1,542,031	1,171,200
Depreciation of Right use of assets	331,127
Intangible impairment loss	5,459
Poultry revenues segment | Elimination of intersegment amounts [member]
Disclosure of operating segments [line items]
Net revenues	(13,013)		(8,160)	(3,618)
Poultry revenues segment | Total revenues
Disclosure of operating segments [line items]
Net revenues	71,660,739		61,332,013	55,656,645
Other Segments [Member]
Disclosure of operating segments [line items]
Net revenues	10,051,342		7,468,149	6,002,218
Cost of sales	9,161,381		6,541,916	5,101,275
Gross profit	889,961		926,233	900,943
Finance income	238,264		174,866	131,492
Finance costs	52,743		30,759	81,142
Income before taxes	689,687		557,121	503,330
Income taxes	151,704		150,735	131,326
Net income attributable to controlling interest	670,689		403,083	370,786
Property, plant and equipment, net	1,819,705		2,587,417	2,115,795
Goodwill	88,015		88,312	88,016
Intangible assets			0
Non-current biological assets	49,560
Total assets	7,497,233		7,393,171	6,169,051
Total Liabilities	1,008,508		1,403,251	1,375,932
Purchases of property, plant and equipment	180,699		773,463	258,241
Depreciation and amortization	157,133		193,115	115,243
Depreciation of Right use of assets	12,240
Other Segments [Member] | Elimination of intersegment amounts [member]
Disclosure of operating segments [line items]
Net revenues	(39,583)		(38,813)	(35,554)
Other Segments [Member] | Total revenues
Disclosure of operating segments [line items]
Net revenues	$ 10,090,925		$ 7,506,962	$ 6,037,772

Operating segments - Geographic

Operating segments - Geographical information (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Disclosure of operating segments [line items]
Net revenues	$ 81,699,068	$ 68,792,002	$ 61,655,245
Non-current biological assets	2,358,137	1,991,530	1,818,911
Property, plant and equipment, net	21,763,402	19,733,822	18,556,646
Goodwill	1,688,607	1,650,716	1,578,994	$ 1,631,771
Intangible assets	704,374	753,224	772,640
Domestic poultry [member]
Disclosure of operating segments [line items]
Net revenues	51,287,149	41,835,033	38,778,025
Non-current biological assets	1,420,262	1,185,308	1,058,126
Property, plant and equipment, net	17,602,324	14,659,461	13,799,774
Goodwill	212,833	212,536	212,833
Intangible assets	0	0
Foreign poultry [member]
Disclosure of operating segments [line items]
Net revenues	20,490,145	19,573,023	16,931,735
Non-current biological assets	888,315	806,222	760,785
Property, plant and equipment, net	2,341,373	2,486,944	2,641,077
Goodwill	1,387,759	1,349,868	1,278,145
Intangible assets	704,374	753,224	772,640
Operation between geographical segments [Member]
Disclosure of operating segments [line items]
Net revenues	(129,567)	(84,203)	(56,733)
Non-current biological assets		0	0
Property, plant and equipment, net	0	0	0
Goodwill	0	0	0
Intangible assets	0	0	0
Total [Member]
Disclosure of operating segments [line items]
Net revenues	71,647,726	61,323,853	55,653,027
Non-current biological assets	2,308,577	1,991,530	1,818,911
Property, plant and equipment, net	19,943,697	17,146,405	16,440,851
Goodwill	1,600,592	1,562,404	1,490,978
Intangible assets	$ 704,374	$ 753,224	$ 772,640

Cash and cash equivalents (Deta

Cash and cash equivalents (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash and cash equivalents.
Cash and banks	$ 14,586,467	$ 12,941,334	$ 13,106,862
Investments with maturities less than three months	4,519,265	4,305,998	5,513,276
Cash and cash equivalents	19,105,732	17,247,332	18,620,138
Restricted cash	30,711	39,042	42,627
Total cash and cash equivalents	$ 19,136,443	$ 17,286,374	$ 18,662,765	$ 17,901,845

Financial instruments and ris_3

Financial instruments and risk management - Categories of financial assets and liabilities (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial liabilities
Financial liabilities	$ 1,993,911	$ 2,517,965	$ 4,928,607
Financial debt [Member]
Financial liabilities
Financial liabilities	(1,993,911)	(2,517,965)	(4,928,607)
Trade payables, sundry creditors and expenses payable [Member]
Financial liabilities
Financial liabilities	(8,977,051)	(5,049,103)	(4,491,171)
Lease liabilities [member]
Financial liabilities
Financial liabilities	(651,480)	(719,711)	(803,050)
Due to related parties [Member]
Financial liabilities
Financial liabilities	(185,429)	(80,842)	(76,704)
Not later than one year [member]
Financial liabilities
Financial liabilities	11,522,054	6,746,007	8,292,347
Not later than one year [member] | Trade payables, sundry creditors and expenses payable [Member]
Financial liabilities
Financial liabilities	8,977,051	5,049,103	4,491,171
Not later than one year [member] | Lease liabilities [member]
Financial liabilities
Financial liabilities	279,809	278,981	149,538
Not later than one year [member] | Due to related parties [Member]
Financial liabilities
Financial liabilities	185,429	80,842
Later than one year and not later than three years [member]
Financial liabilities
Financial liabilities	324,630	1,884,944	2,293,891
Later than one year and not later than three years [member] | Trade payables, sundry creditors and expenses payable [Member]
Financial liabilities
Financial liabilities	0	0	0
Later than one year and not later than three years [member] | Lease liabilities [member]
Financial liabilities
Financial liabilities	324,630	379,926	598,040
Later than one year and not later than three years [member] | Due to related parties [Member]
Financial liabilities
Financial liabilities	0	0
Later than three years and not later than five years [member]
Financial liabilities
Financial liabilities	47,041	60,804	55,472
Later than three years and not later than five years [member] | Trade payables, sundry creditors and expenses payable [Member]
Financial liabilities
Financial liabilities	0	0	0
Later than three years and not later than five years [member] | Lease liabilities [member]
Financial liabilities
Financial liabilities	47,041	60,804	55,472
Later than three years and not later than five years [member] | Due to related parties [Member]
Financial liabilities
Financial liabilities	0	0
Cash and cash equivalent [Member]
Financial assets
Financial assets	19,136,443	17,286,374	18,662,765
Investment in securities at fair value through profit or loss [Member]
Financial assets
Financial assets	10,841	1,018,322	186,284
Investment in securities at fair value through other comprehensive income
Financial assets
Financial assets	1,559,823	937,715	315,761
Investment in Life Insurance [Member]
Financial assets
Financial assets	74,148	71,431	65,545
Trade Receivables [Member]
Financial assets
Financial assets	3,102,203	2,704,058	2,523,092
Due from related parties [Member]
Financial assets
Financial assets	291	686	13,674
Long-term receivables [Member]
Financial assets
Financial assets	211,278	193,689	173,488
Derivative financial instruments
Financial assets
Financial assets	69,862	0	18,098
Financial liabilities
Financial liabilities	$ 0	$ (194,181)	$ 0

Financial instruments and ris_4

Financial instruments and risk management - Exposure to credit risk (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of financial instruments and risk management [Line Items]
Maximum exposure to credit risk	$ 23,497,567	$ 22,031,762	$ 21,295,207
Cash and cash equivalent [Member]
Disclosure of financial instruments and risk management [Line Items]
Maximum exposure to credit risk	19,136,443	17,286,374	18,662,765
Investment in securities at fair value through profit or loss [Member]
Disclosure of financial instruments and risk management [Line Items]
Maximum exposure to credit risk	10,841	1,018,322	186,284
Investment in securities at fair value through other comprehensive income
Disclosure of financial instruments and risk management [Line Items]
Maximum exposure to credit risk	1,559,823	937,715	315,761
Investment in Life Insurance [Member]
Disclosure of financial instruments and risk management [Line Items]
Maximum exposure to credit risk	74,148	71,431	65,545
Accounts receivable net of guarantees received [Member]
Disclosure of financial instruments and risk management [Line Items]
Maximum exposure to credit risk	2,646,450	2,717,920	2,046,754
Derivative financial instruments
Disclosure of financial instruments and risk management [Line Items]
Maximum exposure to credit risk	$ 69,862	$ 0	$ 18,098

Financial instruments and ris_5

Financial instruments and risk management - Maturity table (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	$ 1,993,911	$ 2,517,965	$ 4,928,607
Trade payables, sundry creditors and expenses payable [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	(8,977,051)	(5,049,103)	(4,491,171)
Due to related parties [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	(185,429)	(80,842)	(76,704)
Lease liabilities [member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	(651,480)	(719,711)	(803,050)
Later than three years and not later than five years [member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	47,041	60,804	55,472
Later than three years and not later than five years [member] | Trade payables, sundry creditors and expenses payable [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	0	0	0
Later than three years and not later than five years [member] | Due to related parties [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	0	0
Later than three years and not later than five years [member] | Derivative financial instruments
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities		0
Later than three years and not later than five years [member] | Lease liabilities [member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	47,041	60,804	55,472
Later than one year and not later than three years [member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	324,630	1,884,944	2,293,891
Later than one year and not later than three years [member] | Trade payables, sundry creditors and expenses payable [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	0	0	0
Later than one year and not later than three years [member] | Due to related parties [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	0	0
Later than one year and not later than three years [member] | Derivative financial instruments
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities		0
Later than one year and not later than three years [member] | Lease liabilities [member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	324,630	379,926	598,040
Not later than one year [member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	11,522,054	6,746,007	8,292,347
Not later than one year [member] | Trade payables, sundry creditors and expenses payable [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	8,977,051	5,049,103	4,491,171
Not later than one year [member] | Due to related parties [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	185,429	80,842
Not later than one year [member] | Derivative financial instruments
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities		194,181
Not later than one year [member] | Lease liabilities [member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	279,809	278,981	149,538
Floating interest rate [member] | Later than three years and not later than five years [member] | Due to related parties [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities			0
Floating interest rate [member] | Later than three years and not later than five years [member] | Variable rate maturities in us dollar [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities		0	0
Floating interest rate [member] | Later than three years and not later than five years [member] | Variable rate maturities in pesos [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	0	0	0
Floating interest rate [member] | Later than three years and not later than five years [member] | Interest payable [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	0	0	0
Floating interest rate [member] | Later than one year and not later than three years [member] | Due to related parties [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities			0
Floating interest rate [member] | Later than one year and not later than three years [member] | Variable rate maturities in us dollar [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities		0	0
Floating interest rate [member] | Later than one year and not later than three years [member] | Variable rate maturities in pesos [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	0	1,460,405	1,488,208
Floating interest rate [member] | Later than one year and not later than three years [member] | Interest payable [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	0	44,613	207,643
Floating interest rate [member] | Not later than one year [member] | Due to related parties [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities			76,704
Floating interest rate [member] | Not later than one year [member] | Variable rate maturities in us dollar [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities		778,050	2,831,191
Floating interest rate [member] | Not later than one year [member] | Variable rate maturities in pesos [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	1,993,911	279,510	609,208
Floating interest rate [member] | Not later than one year [member] | Interest payable [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities	$ 85,854	$ 85,340	$ 134,535

Financial instruments and ris_6

Financial instruments and risk management - Foreign currency position (Details) $ in Thousands, $ in Thousands	Dec. 31, 2021MXN ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020MXN ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019MXN ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018MXN ($)
Assets
Cash and cash equivalents	$ 19,136,443		$ 17,286,374		$ 18,662,765		$ 17,901,845
Investment in securities at fair value through profit or loss	10,841		1,018,322		186,284
Investment in securities at fair value through other comprehensive income	1,559,823		937,715		315,761
Accounts receivable	5,108,167		4,366,019		3,867,110
Total assets	65,884,861		58,475,000		55,702,491
Liabilities
Trade accounts payable	(10,015,256)		(5,753,137)		(5,158,827)
Less current maturities	(1,493,830)		(209,499)		0
Lease liabilities	(651,480)		(719,711)		(803,050)		$ (922,410)
Total Liabilities	(17,600,801)		(14,548,192)		(15,442,156)
Currency risk [member]
Assets
Cash and cash equivalents	9,174,451	$ 447,316	9,562,534	$ 479,325	10,759,165	$ 569,569
Investment in securities at fair value through profit or loss	396,212	19,318	806,459	40,424	86,447	4,576
Investment in securities at fair value through other comprehensive income	1,562,206	76,168	937,715	47,003	315,761	16,716
Accounts receivable	73,268	3,572	53,517	2,683	40,809	2,160
Total assets	11,206,137	546,374	11,360,225	569,435	11,202,182	593,021
Liabilities
Trade accounts payable	(5,690,856)	(277,467)	(2,139,115)	(107,224)	(2,280,003)	(120,699)
Less current maturities			(778,050)	(39,000)	(2,831,191)	(149,878)
Lease liabilities	(161,088)	(7,854)	(130,828)	(6,558)	(144,224)	(7,635)
Total Liabilities	(5,851,944)	(285,321)	(3,047,993)	(152,782)	(5,255,418)	(278,212)
Net asset position	$ 5,354,193	$ 261,053	$ 8,312,232	$ 416,653	$ 5,946,764	$ 314,809

Financial instruments and ris_7

Financial instruments and risk management - Exchange rates (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019Rate
Financial instruments and risk management
Average exchange rate	20.29	21.49	19.25
Spot exchange rate	20.51	19.95	18.89

Financial instruments and ris_8

Financial instruments and risk management - Financial instruments at fair value (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial instruments and risk management
Carrying amount	$ 1,993,911	$ 2,517,965	$ 4,928,607
Fair value	$ 1,994,423	$ 2,550,758	$ 4,952,445

Financial instruments and ris_9

Financial instruments and risk management - Fair value hierarchy (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	$ 1,640,526	$ 1,761,856	$ 520,143
Investment in securities at fair value through profit or loss [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	10,841	1,018,322	186,284
Investment in securities at fair value through other comprehensive income
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	1,559,823	937,715	315,761
Derivative financial instruments
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	69,862	(194,181)	18,098
Level 1 of fair value hierarchy [member]
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	1,570,664	1,956,037	502,045
Level 1 of fair value hierarchy [member] | Investment in securities at fair value through profit or loss [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	10,841	1,018,322	186,284
Level 1 of fair value hierarchy [member] | Investment in securities at fair value through other comprehensive income
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	1,559,823	937,715	315,761
Level 1 of fair value hierarchy [member] | Derivative financial instruments
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	0	0	0
Level 2 of fair value hierarchy [member]
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	69,862	(194,181)	18,098
Level 2 of fair value hierarchy [member] | Investment in securities at fair value through profit or loss [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	0	0	0
Level 2 of fair value hierarchy [member] | Investment in securities at fair value through other comprehensive income
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	0	0	0
Level 2 of fair value hierarchy [member] | Derivative financial instruments
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	69,862	(194,181)	18,098
Level 3 of fair value hierarchy [member]
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	0	0	0
Level 3 of fair value hierarchy [member] | Investment in securities at fair value through profit or loss [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	0	0	0
Level 3 of fair value hierarchy [member] | Investment in securities at fair value through other comprehensive income
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	0	0	0
Level 3 of fair value hierarchy [member] | Derivative financial instruments
Disclosure of financial instruments and risk management [Line Items]
Financial assets, at fair value	$ 0	$ 0	$ 0

Financial instruments and ri_10

Financial instruments and risk management - Financial liabilities at fair value (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities at amortised cost	$ (1,994,423)	$ (2,550,758)	$ (4,952,445)
Financial debt related to bank institutions [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities at amortised cost	(500,246)	(1,059,300)	(3,455,810)
Financial debt related to debt securities [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities at amortised cost	(1,494,177)	(1,491,458)	(1,496,635)
Level 1 of fair value hierarchy [member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities at amortised cost	(1,494,177)	(1,491,458)	(1,496,635)
Level 1 of fair value hierarchy [member] | Financial debt related to bank institutions [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities at amortised cost	0	0	0
Level 1 of fair value hierarchy [member] | Financial debt related to debt securities [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities at amortised cost	(1,494,177)	(1,491,458)	(1,496,635)
Level 2 of fair value hierarchy [member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities at amortised cost	(500,246)	(1,059,300)	(3,455,810)
Level 2 of fair value hierarchy [member] | Financial debt related to bank institutions [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities at amortised cost	(500,246)	(1,059,300)	(3,455,810)
Level 2 of fair value hierarchy [member] | Financial debt related to debt securities [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities at amortised cost	0	0	0
Level 3 of fair value hierarchy [member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities at amortised cost	0	0	0
Level 3 of fair value hierarchy [member] | Financial debt related to bank institutions [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities at amortised cost	0	0	0
Level 3 of fair value hierarchy [member] | Financial debt related to debt securities [Member]
Disclosure of financial instruments and risk management [Line Items]
Financial liabilities at amortised cost	$ 0	$ 0	$ 0

Financial instruments and ri_11

Financial instruments and risk management - Sensitivity analysis (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of financial instruments and risk management [Line Items]
Loss (profit) for the year	$ 4,934,100	$ 3,972,092	$ 3,232,826
Other price risk increase [Member]
Disclosure of financial instruments and risk management [Line Items]
Loss (profit) for the year	(37,847)	(87,711)	(121,762)
Other price risk decrease [Member]
Disclosure of financial instruments and risk management [Line Items]
Loss (profit) for the year	20,919	(12,530)	100,490
Interest rate risk increase [Member]
Disclosure of financial instruments and risk management [Line Items]
Loss (profit) for the year	8,291	13,390	24,465
Interest rate risk decrease [Member]
Disclosure of financial instruments and risk management [Line Items]
Loss (profit) for the year	(8,291)	(13,390)	(24,465)
Currency risk increase [Member]
Disclosure of financial instruments and risk management [Line Items]
Loss (profit) for the year	(1,606,255)	(2,493,673)	(1,784,045)
Currency risk decrease [Member]
Disclosure of financial instruments and risk management [Line Items]
Loss (profit) for the year	$ 1,606,255	$ 2,493,673	$ 1,784,045

Financial instruments and ri_12

Financial instruments and risk management - Additional information (Details) $ in Thousands, $ in Thousands	12 Months Ended				36 Months Ended
	Dec. 31, 2021MXN ($)	Dec. 31, 2020USD ($)	Dec. 31, 2020MXN ($)	Dec. 31, 2019MXN ($)	Dec. 31, 2020MXN ($)	Dec. 31, 2021USD ($)	Dec. 31, 2021MXN ($)	Dec. 31, 2020MXN ($)	Dec. 31, 2019USD ($)	Dec. 31, 2019MXN ($)
Disclosure of financial instruments and risk management [Line Items]
Provisions for doubtful debts related to outstanding balances of related party transaction							$ 157,012	$ 143,278		$ 140,304
Financial assets that are individually determined to be impaired, fair value of collateral held and other credit enhancements							$ 667,322	$ 180,513		$ 663,500
Gain (loss) on change in fair value of hedging instrument used as basis for recognising hedge ineffectiveness		$ 30	$ 574
Subsidy for purchase of hedging "puts" to the consumer			$ 50,730
Benefit under this scheme benefit	$ 1,802				$ 0
Percentage of increase in foreign exchange		15.00%				15.00%	15.00%	15.00%	15.00%	15.00%
Percentage of decrease in foreign exchange						15.00%	15.00%
Sensitivity analysis for percentage increase in bushell price of corn and short ton price of soybeans	15.00%	15.00%	15.00%	15.00%
Sensitivity analysis for percentage decrease in bushell price of corn and short ton price of soybeans	30.00%	30.00%	30.00%	30.00%
Exchange rate	20.30
Foreign Currency Increase [Member]
Disclosure of financial instruments and risk management [Line Items]
Gains (losses) on hedged item attributable to hedged risk, fair value hedges	$ 34,443		$ 506,705	$ 16,824
Foreign Currency decrease [Member]
Disclosure of financial instruments and risk management [Line Items]
Gains (losses) on hedged item attributable to hedged risk, fair value hedges	$ 34,698		$ 1,405,538	$ 31,133
Currency risk [member]
Disclosure of financial instruments and risk management [Line Items]
Assets (liabilities)		$ 416,653				$ 261,053	$ 5,354,193	$ 8,312,232	$ 314,809	$ 5,946,764
Embedded Derivative Financial Instruments [Member]
Disclosure of financial instruments and risk management [Line Items]
Notional amount						60,000
Embedded Derivative Financial Instruments [Member] | Hedges
Disclosure of financial instruments and risk management [Line Items]
Notional amount		$ 506				$ 11,238,319			$ 24,352
Financial Guarantees Granted [Member]
Disclosure of financial instruments and risk management [Line Items]
Proportion of ownership interest in subsidiary	100.00%

Accounts receivable, net (Detai

Accounts receivable, net (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accounts receivable, net
Trade receivables	$ 3,162,920	$ 2,772,418	$ 2,595,978
Allowance for doubtful accounts	(60,717)	(68,360)	(72,886)	$ (72,886)	$ (79,937)
Income tax receivable	121,315	190,110	187,912
Recoverable value-added tax and other recoverable taxes	1,884,649	1,471,851	1,156,106
Trade and other current receivables	$ 5,108,167	$ 4,366,019	$ 3,867,110

Accounts receivable, net - Past

Accounts receivable, net - Past-due but not impaired portfolio (Details) - Financial assets past due but not impaired [member] - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure Of Accounts Receivable, Net [Line Items]
Trade receivables	$ 16,522	$ 116,865	$ 68,036
Past due at 60 days
Disclosure Of Accounts Receivable, Net [Line Items]
Trade receivables	8,079	18,811	20,463
Past due by more than 60 days
Disclosure Of Accounts Receivable, Net [Line Items]
Trade receivables	$ 8,443	$ 98,054	$ 47,573

Accounts receivable, net - Reco

Accounts receivable, net - Reconciliation of movements in allowance for doubtful accounts (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounts receivable, net
Balance as of January 1	$ (68,360)	$ (72,886)	$ (72,886)
Increase in allowance	(706)	(1,826)	(57)
Amounts written off	8,436	6,458	7,030
Currency translation effect	(87)	(106)	78
Balance as of December 31,	$ (60,717)	$ (68,360)	$ (72,886)

Accounts receivable, net - Addi

Accounts receivable, net - Additional information (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounts receivable, net
Legal Proceedings Receivables	$ 157,012	$ 143,278	$ 140,304
Expected Credit Loss Recognized in Trade Receivables under IFRS 9	$ 25,962	$ 50,753	$ 37,249

Inventories (Details)

Inventories (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Inventories.
Raw materials and by-products	$ 2,775,890	$ 2,410,275	$ 1,836,783
Medicine, materials and spare parts	1,344,944	1,110,559	877,837
Balanced feed	467,359	380,121	330,238
Processed chicken	1,552,946	1,575,985	1,554,115
Commercial eggs	63,764	55,364	56,599
Processed beef	167,582	151,402	47,954
Processed turkey	1,620	2,472	4,482
Other processed products	1,885	2,160	2,199
Total	$ 6,375,990	$ 5,688,338	$ 4,710,207

Inventories - Additional inform

Inventories - Additional information (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Inventories.
Raw materials and consumables used	$ 54,103,917	$ 44,747,933	$ 39,823,395
Adjustment to net realizable value of certain inventories	$ 57,074	$ 35,328	$ 39,975

Biological assets (Details)

Biological assets (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of biological assets [Line Items]
Balance	$ 4,000,198		$ 3,795,254
Increase due to purchases		$ 1,483,795	1,212,167
Sales		(20,966)	(73,409)
Net increase due to births		2,772,155	2,646,192
Production cost		37,462,969	34,656,131
Depreciation		(2,565,283)	(2,262,245)
Transfers to inventories		(39,294,368)	(36,029,556)
Other		261,829	(82,386)
Balance		4,000,198
Current Reported
Disclosure of biological assets [Line Items]
Balance	4,004,198
Increase due to purchases	1,269,663
Sales	(46,866)
Net increase due to births	3,461,196
Production cost	44,853,933
Depreciation	(2,784,562)
Transfers to inventories	(45,712,160)
Other	82,347
Balance	5,127,749	4,004,198
Current biological assets [member]
Disclosure of biological assets [Line Items]
Balance	2,012,668		2,073,526
Increase due to purchases		686,756	510,403
Sales		0	0
Net increase due to births		264,386	267,773
Production cost		35,585,551	32,894,675
Depreciation		0	0
Transfers to inventories		(36,786,599)	(33,651,137)
Other		219,340	(52,003)
Balance		2,012,668
Current biological assets [member] | Current Reported
Disclosure of biological assets [Line Items]
Balance	2,012,668
Increase due to purchases	429,551
Net increase due to births	377,449
Production cost	42,518,242
Transfers to inventories	(42,628,413)
Other	60,115
Balance	2,769,612	2,012,668
Non-current biological assets [member]
Disclosure of biological assets [Line Items]
Balance	1,991,530	1,818,911	1,721,728
Increase due to purchases		797,039	701,764
Sales		(20,966)	(73,409)
Net increase due to births		2,507,769	2,378,419
Production cost		1,877,418	1,761,456
Depreciation		(2,565,283)	(2,262,245)
Transfers to inventories		(2,507,769)	(2,378,419)
Other		42,479	(30,383)
Balance		1,991,530	$ 1,818,911
Non-current biological assets [member] | Current Reported
Disclosure of biological assets [Line Items]
Balance	1,991,530
Increase due to purchases	840,112
Sales	(46,866)
Net increase due to births	3,083,747
Production cost	2,335,691
Depreciation	(2,784,562)
Transfers to inventories	(3,083,747)
Other	22,232
Balance	$ 2,358,137	$ 1,991,530

Biological assets - Additional

Biological assets - Additional information (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Biological assets
Change in fair value of biological assets	$ 48,338	$ 31,701	$ (35,487)

Prepaid expenses and other cu_3

Prepaid expenses and other current assets (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Prepaid expenses and other current assets
Advances to suppliers of inventories	$ 2,163,450	$ 613,188	$ 628,286
Prepaid expenses for services	264,208	303,345	280,950
Prepaid expenses for insurance and sureties	95,441	74,565	128,178
Other current assets	234,024	230,157	189,782
Total	$ 2,757,123	$ 1,221,255	$ 1,227,196

Assets held for sale (Details)

Assets held for sale (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of assets held for sale [Line Items]
Non-current assets or disposal groups classified as held for sale	$ 57,436	$ 54,630	$ 52,916
Buildings
Disclosure of assets held for sale [Line Items]
Non-current assets or disposal groups classified as held for sale	24,786	24,208	22,394
Land [Member]
Disclosure of assets held for sale [Line Items]
Non-current assets or disposal groups classified as held for sale	31,793	29,563	29,563
Other Assets [Member]
Disclosure of assets held for sale [Line Items]
Non-current assets or disposal groups classified as held for sale	$ 857	$ 859	$ 959

Assets held for sale - Addition

Assets held for sale - Additional information (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Assets held for sale
Gains (losses) on disposals of property, plant and equipment	$ (31)	$ 510	$ 2,311

Property, plant and equipment_2

Property, plant and equipment (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	$ 19,733,822	$ 18,556,646
Depreciation for the year	(343,367)	(307,757)	$ (302,804)
Balance as at December 31	21,763,402	19,733,822	18,556,646
Property, plant and equipment	21,763,402	19,733,822	18,556,646
Acquisitions through business combinations, property, plant and equipment	383,680
Land [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	1,655,428	1,553,499
Balance as at December 31	1,679,402	1,655,428	1,553,499
Property, plant and equipment	1,679,402	1,655,428	1,553,499
Acquisitions through business combinations, property, plant and equipment	62,050
Buildings
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	6,984,443	6,589,434
Balance as at December 31	7,383,779	6,984,443	6,589,434
Property, plant and equipment	7,383,779	6,984,443	6,589,434
Acquisitions through business combinations, property, plant and equipment	231,264
Machinery and equipment [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	7,849,571	7,613,180
Balance as at December 31	8,413,553	7,849,571	7,613,180
Property, plant and equipment	8,413,553	7,849,571	7,613,180
Acquisitions through business combinations, property, plant and equipment	73,332
Vehicles
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	1,480,099	1,255,570
Balance as at December 31	1,641,984	1,480,099	1,255,570
Property, plant and equipment	1,641,984	1,480,099	1,255,570
Acquisitions through business combinations, property, plant and equipment	4,825
Computer
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	20,930	27,465
Balance as at December 31	20,845	20,930	27,465
Property, plant and equipment	20,845	20,930	27,465
Acquisitions through business combinations, property, plant and equipment	1,761
Furniture [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	59,420	53,978
Balance as at December 31	63,916	59,420	53,978
Property, plant and equipment	63,916	59,420	53,978
Acquisitions through business combinations, property, plant and equipment	1,115
Leasehold improvements [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	8,037	3,598
Balance as at December 31	7,334	8,037	3,598
Property, plant and equipment	7,334	8,037	3,598
Construction in progress [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	1,675,894	1,459,922
Balance as at December 31	2,552,589	1,675,894	1,459,922
Property, plant and equipment	2,552,589	1,675,894	1,459,922
Acquisitions through business combinations, property, plant and equipment	9,333
Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	36,080,144	33,661,145	32,116,568
Additions	3,479,493	2,752,281	2,069,327
Disposals	(464,281)	(585,506)	(332,263)
Currency translation	143,014	252,224	(192,487)
Balance as at December 31	39,238,370	36,080,144	33,661,145
Property, plant and equipment	39,238,370	36,080,144	33,661,145
Gross carrying amount [member] | Land [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	1,655,428	1,553,499	1,378,090
Additions	21,342	102,847	209,752
Disposals		(5,900)	(30,677)
Currency translation	2,632	4,982	(3,666)
Balance as at December 31	1,679,402	1,655,428	1,553,499
Property, plant and equipment	1,679,402	1,655,428	1,553,499
Gross carrying amount [member] | Buildings
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	12,821,193	12,340,405	11,943,476
Additions	626,606	686,270	472,095
Disposals	(3,039)	(297,490)	(7,478)
Currency translation	48,859	92,008	(67,688)
Balance as at December 31	13,493,619	12,821,193	12,340,405
Property, plant and equipment	13,493,619	12,821,193	12,340,405
Gross carrying amount [member] | Machinery and equipment [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	17,116,908	15,866,952	15,182,044
Additions	1,528,891	1,240,779	891,008
Disposals	(274,090)	(145,320)	(92,623)
Currency translation	86,276	154,497	(113,477)
Balance as at December 31	18,457,985	17,116,908	15,866,952
Property, plant and equipment	18,457,985	17,116,908	15,866,952
Gross carrying amount [member] | Vehicles
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	2,445,634	2,111,999	1,792,273
Additions	399,687	462,344	474,960
Disposals	(175,643)	(130,089)	(154,116)
Currency translation	1,021	1,380	(1,118)
Balance as at December 31	2,670,699	2,445,634	2,111,999
Property, plant and equipment	2,670,699	2,445,634	2,111,999
Gross carrying amount [member] | Computer
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	151,117	134,481	136,183
Additions	11,345	13,784	3,828
Disposals	(1,078)	(244)	(3,257)
Currency translation	1,636	3,096	(2,273)
Balance as at December 31	163,020	151,117	134,481
Property, plant and equipment	163,020	151,117	134,481
Gross carrying amount [member] | Furniture [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	205,933	190,289	178,455
Additions	17,162	21,325	17,684
Disposals	(9,728)	(6,463)	(5,295)
Currency translation	355	782	(555)
Balance as at December 31	213,722	205,933	190,289
Property, plant and equipment	213,722	205,933	190,289
Gross carrying amount [member] | Leasehold improvements [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	8,037	3,598	4,350
Additions		4,439
Disposals	(703)	0	(752)
Currency translation		0
Balance as at December 31	7,334	8,037	3,598
Property, plant and equipment	7,334	8,037	3,598
Gross carrying amount [member] | Construction in progress [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	1,675,894	1,459,922	1,501,697
Additions	874,460	220,493
Disposals		0	(38,065)
Currency translation	2,235	(4,521)	(3,710)
Balance as at December 31	2,552,589	1,675,894	1,459,922
Property, plant and equipment	2,552,589	1,675,894	1,459,922
Accumulated depreciation and amortisation [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	(16,346,322)	(15,104,499)	(14,098,392)
Depreciation for the year	(1,393,097)	(1,590,303)	(1,265,391)
Disposals	337,762	428,883	181,544
Currency translation	(73,311)	(80,403)	77,740
Balance as at December 31	(17,474,968)	(16,346,322)	(15,104,499)
Property, plant and equipment	(17,474,968)	(16,346,322)	(15,104,499)
Accumulated depreciation and amortisation [member] | Buildings
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	(5,836,750)	(5,750,971)	(5,536,825)
Depreciation for the year	(262,839)	(299,865)	(230,450)
Disposals	2,360	229,718	2,199
Currency translation	(12,611)	(15,632)	14,105
Balance as at December 31	(6,109,840)	(5,836,750)	(5,750,971)
Property, plant and equipment	(6,109,840)	(5,836,750)	(5,750,971)
Accumulated depreciation and amortisation [member] | Machinery and equipment [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	(9,267,337)	(8,253,772)	(7,505,222)
Depreciation for the year	(923,114)	(1,048,758)	(874,447)
Disposals	204,221	96,589	65,136
Currency translation	(58,202)	(61,396)	60,761
Balance as at December 31	(10,044,432)	(9,267,337)	(8,253,772)
Property, plant and equipment	(10,044,432)	(9,267,337)	(8,253,772)
Accumulated depreciation and amortisation [member] | Vehicles
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	(965,535)	(856,429)	(829,664)
Depreciation for the year	(183,530)	(204,384)	(134,708)
Disposals	121,112	96,553	106,955
Currency translation	(762)	(1,275)	988
Balance as at December 31	(1,028,715)	(965,535)	(856,429)
Property, plant and equipment	(1,028,715)	(965,535)	(856,429)
Accumulated depreciation and amortisation [member] | Computer
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	(130,187)	(107,016)	(98,034)
Depreciation for the year	(11,532)	(21,721)	(13,635)
Disposals	977	160	3,145
Currency translation	(1,433)	(1,610)	1,508
Balance as at December 31	(142,175)	(130,187)	(107,016)
Property, plant and equipment	(142,175)	(130,187)	(107,016)
Accumulated depreciation and amortisation [member] | Furniture [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance as at January 1	(146,513)	(136,311)	(128,647)
Depreciation for the year	(12,082)	(15,575)	(12,151)
Disposals	9,092	5,863	4,109
Currency translation	(303)	(490)	378
Balance as at December 31	(149,806)	(146,513)	(136,311)
Property, plant and equipment	$ (149,806)	$ (146,513)	$ (136,311)

Property, plant and equipment -

Property, plant and equipment - Additional information (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Property, plant and equipment.
Acquisitions through business combinations, property, plant and equipment	$ 383,680
Depreciation expense	$ 1,393,097	$ 1,590,303	$ 1,265,391

Goodwill (Details)

Goodwill (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Goodwill.
Balances at beginning of the year	$ 1,650,716	$ 1,578,994	$ 1,631,771
Foreign currency effects	37,891	71,722	(52,777)
Balances at end of year	$ 1,688,607	$ 1,650,716	$ 1,578,994
Decrease revenue growth rate, basis points	200.00%
Increase of revenue annual discount rate, basis points	200.00%

Goodwill - assumptions and bala

Goodwill - assumptions and balances of each cash-generating unit (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Disclosure of goodwill [Line Items]
Final balance of the year	$ 1,688,607	$ 1,650,716	$ 1,578,994	$ 1,631,771
Bachoco Istmo and peninsula regions [Member]
Disclosure of goodwill [Line Items]
Final balance of the year	$ 212,833	$ 212,833	$ 212,833
Projection period (years)	5	5	5
Annual discount rate	12.63%	12.95%	12.84%
Annual growth rate	3.00%	3.00%	3.00%
Percentage of recoverable amount	49.00%
Campi [Member]
Disclosure of goodwill [Line Items]
Final balance of the year	$ 88,015	$ 88,015	$ 88,015
Projection period (years)	5	5	5
Annual discount rate	12.63%	12.95%	12.84%
Annual growth rate	3.00%	3.00%	3.00%
Percentage of recoverable amount	130.00%
Ok Farms - Morris Hatchery, Inc. Arkansas [Member]
Disclosure of goodwill [Line Items]
Final balance of the year	$ 68,019	$ 66,162	$ 62,647
Projection period (years)	5	5	5
Annual discount rate	3.26%	3.43%	5.22%
Annual growth rate	0.00%	0.00%	0.00%
Percentage of recoverable amount	183.00%
Ok Farms - Morris Hatchery Inc. Georgia [Member]
Disclosure of goodwill [Line Items]
Final balance of the year	$ 114,851	$ 111,715	$ 105,780
Projection period (years)	5	5	5
Annual discount rate	3.26%	3.43%	5.22%
Annual growth rate	0.00%	0.00%	0.00%
Percentage of recoverable amount	60.00%
Ok Foods- Albertville Quality Foods, Inc [Member]
Disclosure of goodwill [Line Items]
Final balance of the year	$ 1,204,889	$ 1,171,991	$ 1,109,719
Projection period (years)	5	5	5
Annual discount rate	10.00%	3.43%	5.22%
Annual growth rate	3.40%	0.00%	0.00%
Percentage of recoverable amount	4.00%

Intangible assets (Details)

Intangible assets (Details) $ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021MXN ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020MXN ($)	Dec. 31, 2019MXN ($)
Disclosure of detailed information about intangible assets [line items]
Intangible assets other than goodwill	$ 704,374		$ 753,224	$ 772,640
Impairment loss	5,459	$ 5,459	0	73,733
Gross carrying amount [member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets other than goodwill	677,608		721,880	742,961
Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets other than goodwill	(290,404)		(219,702)	(74,859)
Impairment loss			0	73,733
Customer relationships [Member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets other than goodwill	677,608		721,880	742,961
Customer relationships [Member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets other than goodwill	(968,012)		(941,582)	(891,553)
Trade names [member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets other than goodwill	26,766		31,344	29,679
Amortization	32,225		31,344	29,679
Impairment loss	$ (5,459)		$ 0	$ 0

Intangible assets - Reconciliat

Intangible assets - Reconciliation (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of detailed information about intangible assets [line items]
Carrying amount, Balance	$ 972,926	$ 847,499	$ 1,045,266
Carrying amount, Impairment loss	(5,459)		(73,733)
Carrying amount, Currency translation effect	27,311	125,427	(124,034)
Carrying amount, Balance	994,778	972,926	847,499
Accumulated amortization, Balance	(219,702)	(74,859)	(95,911)
Accumulated amortization, Amorization expense	(70,702)	(144,843)	21,052
Accumulated amortization, Balance	(290,404)	(219,702)	(74,859)
Intangible assets	704,374	753,224	772,640
Customer relationships [Member]
Disclosure of detailed information about intangible assets [line items]
Carrying amount, Balance	941,582	817,820	1,014,361
Carrying amount, Impairment loss			(73,733)
Carrying amount, Currency translation effect	26,430	123,762	(122,808)
Carrying amount, Balance	968,012	941,582	817,820
Accumulated amortization, Balance	(219,702)	(74,859)	(95,911)
Accumulated amortization, Amorization expense	(70,702)	(144,843)	21,052
Accumulated amortization, Balance	(290,404)	(219,702)	(74,859)
Intangible assets	677,608	721,880	742,961
Trade names [member]
Disclosure of detailed information about intangible assets [line items]
Carrying amount, Balance	31,344	29,679	30,905
Carrying amount, Impairment loss	(5,459)
Carrying amount, Currency translation effect	881	1,665	(1,226)
Carrying amount, Balance	26,766	31,344	29,679
Intangible assets	$ 26,766	$ 31,344	$ 29,679

Intangible assets - Additional

Intangible assets - Additional information (Details) $ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021MXN ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020MXN ($)	Dec. 31, 2019MXN ($)
Disclosure of detailed information about intangible assets [line items]
Intangible assets other than goodwill	$ 704,374		$ 753,224	$ 772,640
Intangible impairment loss	$ 5,459	$ 5,459	$ 0	73,733
Customer relationships [Member]
Disclosure of detailed information about intangible assets [line items]
Intangible impairment loss				$ 73,733

Other non-current assets (Detai

Other non-current assets (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other non-current assets.
Advances for purchase of property, plant and equipment	$ 367,023	$ 472,828	$ 495,015
Investments in life insurance (note 3 (l))	74,148	71,431	65,545
Security deposits	24,511	23,476	21,545
Other long-term receivable	211,278	193,689	173,488
Intangible assets in process	1,616	2,996	2,841
Other	56,128	54,502	51,614
Total non-current assets	$ 734,704	$ 818,922	$ 810,048

Financial debt - Short-term fin

Financial debt - Short-term financial debt (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of financial debt [Line Items]
Total short-term debt	$ 500,081	$ 848,061	$ 3,440,399
Loan in the amount of 70,000 thousand dollars, maturing in January 2020, at LIBOR (3) rate plus 0.62 percentage points
Disclosure of financial debt [Line Items]
Total short-term debt	0	0	1,322,176
Loan denominated in pesos, maturing in January 2020, at TIIE (1) rate plus 0.50 percentage points
Disclosure of financial debt [Line Items]
Total short-term debt	0	0	50,000
Loan in the amount of 80,000 thousand dollars, maturing in February 2020, at LIBOR6 (4) rate plus 0.35 percentage points
Disclosure of financial debt [Line Items]
Total short-term debt	0	0	1,509,015
Loan denominated in pesos, maturing in February 2020, at TIIE (1) rate plus 1.05 percentage points
Disclosure of financial debt [Line Items]
Total short-term debt	0	0	449,572
Loan denominated in pesos, maturing in May 2020, at TIIE (1) rate plus 1.05 percentage points
Disclosure of financial debt [Line Items]
Total short-term debt	0	0	99,678
Loan denominated in pesos, maturing in June 2020, at TIIE (1) rate plus 0.50 percentage points
Disclosure of financial debt [Line Items]
Total short-term debt	0	0	9,958
Loan in the amount of 39,000 thousand dollars, maturing in January 2021, at LIBOR (3) rate plus 0.60 percentage points
Disclosure of financial debt [Line Items]
Total short-term debt	0	778,050	0
Loan denominated in pesos, maturing in February 2021, at TIIE (1) rate plus 0.90 percentage points
Disclosure of financial debt [Line Items]
Total short-term debt	0	70,011	0
Loan denominated in pesos, maturing in December 2022, at TIIE (1) rate plus 0.29 percentage points
Disclosure of financial debt [Line Items]
Total short-term debt	$ 500,081	$ 0	$ 0

Financial debt - Short term deb

Financial debt - Short term debt - Parenthetical (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)
Loan in the amount of 70,000 thousand dollars, maturing in January 2020, at LIBOR (3) rate plus 0.62 percentage points
Disclosure of financial debt [Line Items]
Notional amount	$ 70,000
Borrowings, maturity	January 2020
Borrowings, interest rate basis	LIBOR (3) rate plus 0.62 percentage points
Loan denominated in pesos, maturing in January 2020, at TIIE (1) rate plus 0.50 percentage points
Disclosure of financial debt [Line Items]
Borrowings, maturity	January 2020
Borrowings, interest rate basis	TIIE (1) rate plus 0.50 percentage points
Loan in the amount of 80,000 thousand dollars, maturing in February 2020, at LIBOR6 (4) rate plus 0.35 percentage points
Disclosure of financial debt [Line Items]
Notional amount	$ 80,000
Borrowings, maturity	February 2020
Borrowings, interest rate basis	LIBOR6 (4) rate plus 0.35 percentage points
Loan denominated in pesos, maturing in February 2020, at TIIE (1) rate plus 1.05 percentage points
Disclosure of financial debt [Line Items]
Borrowings, maturity	February 2020
Borrowings, interest rate basis	TIIE (1) rate plus 1.05 percentage points
Loan denominated in pesos, maturing in June 2020, at TIIE (1) rate plus 0.50 percentage points
Disclosure of financial debt [Line Items]
Borrowings, maturity	June 2020
Borrowings, interest rate basis	TIIE (1) rate plus 0.50 percentage points
Loan denominated in pesos, maturing in May 2020, at TIIE (1) rate plus 1.05 percentage points
Disclosure of financial debt [Line Items]
Borrowings, maturity	May 2020
Borrowings, interest rate basis	TIIE (1) rate plus 1.05 percentage points
Loan in the amount of 39,000 thousand dollars, maturing in January 2021, at LIBOR (3) rate plus 0.60 percentage points
Disclosure of financial debt [Line Items]
Notional amount	$ 39,000
Borrowings, maturity	January 2021
Borrowings, interest rate basis	LIBOR (3) rate plus 0.60 percentage points
Loan denominated in pesos, maturing in February 2021, at TIIE (1) rate plus 0.90 percentage points
Disclosure of financial debt [Line Items]
Borrowings, maturity	February 2021
Borrowings, interest rate basis	TIIE (1) rate plus 0.90 percentage points
Loan denominated in pesos, maturing in December 2022, at TIIE (1) rate plus 0.29 percentage points
Disclosure of financial debt [Line Items]
Borrowings, maturity	December 2022
Borrowings, interest rate basis	TIIE (1) rate plus 0.29 percentage points

Financial debt - Long-term debt

Financial debt - Long-term debt (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of financial debt [Line Items]
Total Long-term debt	$ 1,493,830	$ 1,669,904	$ 1,488,208
Less current maturities	(1,493,830)	(209,499)	0
Long-term debt, excluding current maturities	0	1,460,405	1,488,208
Loan denominated in pesos, maturing in May 2021, at TIIE (1) plus 1.05 percentage points.
Disclosure of financial debt [Line Items]
Total Long-term debt	0	209,499	0
Debt securities (subsection (d) of this note)
Disclosure of financial debt [Line Items]
Total Long-term debt	$ 1,493,830	$ 1,460,405	$ 1,488,208

Financial debt - Long-term de_2

Financial debt - Long-term debt - Parenthetical (Details) - Loan denominated in pesos, maturing in May 2021, at TIIE (1) plus 1.05 percentage points.	12 Months Ended
	Dec. 31, 2021
Disclosure of financial debt [Line Items]
Borrowings, maturity	May 2021
Borrowings, interest rate basis	TIIE (1) plus 1.05 percentage points

Financial debt - Reconciliation

Financial debt - Reconciliation of liabilities arising from financing activities (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial debt
Begining Balance	$ 2,517,965	$ 4,928,607	$ 5,037,600
Changes that represent cash flows
Proceeds from borrowings	1,709,080	4,030,700	4,839,000
Principal payment on loans	(2,267,280)	(6,762,222)	(4,808,163)
Changes that do not represent cash flows
Others	34,146	320,880	(139,830)
Ending Balance	$ 1,993,911	$ 2,517,965	$ 4,928,607

Financial debt - Additional inf

Financial debt - Additional information (Details) - MXN ($) $ / shares in Units, $ in Thousands	Aug. 25, 2017	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2017
Disclosure of financial debt [Line Items]
Borrowings, interest rate	0.31%				0.60%
Repayments of non-current borrowings		$ 0	$ 17,877	$ 51,000
Non-current portion of non-current borrowings		0	1,460,405	1,488,208
Interest expense on borrowings		104,179	$ 159,169	$ 250,820
Debt securities, number	15,000,000
Debt securities, par value	$ 100
Unearned interest		$ 56,280
Debt securities, term	1820 days	28 days			28 days
Pesos denominated short term loans [Member]
Disclosure of financial debt [Line Items]
Borrowings, interest rate		5.68%	5.50%	8.77%
Debt instruments issued	$ 1,500,000
Pesos denominated short term loans [Member] | Weighted Average [Member]
Disclosure of financial debt [Line Items]
Borrowings, interest rate		5.28%	6.71%	9.24%
Dollar denominated short term loans [Member]
Disclosure of financial debt [Line Items]
Borrowings, interest rate		0.00%	0.75%	2.37%
Dollar denominated short term loans [Member] | Weighted Average [Member]
Disclosure of financial debt [Line Items]
Borrowings, interest rate		0.73%	1.61%	2.36%
Long term loans [Member]
Disclosure of financial debt [Line Items]
Borrowings, interest rate		5.43%	4.91%	8.26%
Long term loans [Member] | Weighted Average [Member]
Disclosure of financial debt [Line Items]
Borrowings, interest rate		4.90%	6.49%	8.53%
Unused lines of credit facility [Member]
Disclosure of financial debt [Line Items]
Unused lines of credit		$ 9,935,420	$ 6,919,625	$ 3,325,981

Trade accounts and other acco_3

Trade accounts and other accounts payable (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Trade accounts and other accounts payable
Trade payables	$ 8,122,486	$ 4,516,424	$ 3,972,460
Sundry creditors and expenses payable	854,565	532,679	518,711
Provisions	74,146	24,099	64,154
Statutory employee profit sharing	291,744	62,075	86,710
Retained payroll taxes and other local taxes	359,379	375,086	275,214
Direct employee benefits	311,367	232,083	213,345
Interest payable	1,436	10,575	28,060
Others	133	116	173
Trade and other current payables	$ 10,015,256	$ 5,753,137	$ 5,158,827

Trade accounts and other acco_4

Trade accounts and other accounts payable - Additional information (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Trade accounts and other accounts payable
Provisions	$ 0	$ 0	$ 0

Transactions and balances wit_3

Transactions and balances with related parties - compensation paid to the directors and executives for services (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Transactions and balances with related parties
Compensation	$ 73,721	$ 57,429	$ 52,635

Transactions and balances wit_4

Transactions and balances with related parties (Details 1) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenue [abstract]
Revenues and balances receivable to related parties	$ 6,697	$ 128,727	$ 188,981
Amounts receivable, related parties transactions	291	686	13,674
Amounts payable, related party transactions	185,429	80,842	76,704
Vimifos, S.A. de C.V.
Revenue [abstract]
Revenues and balances receivable to related parties	5,921	4,055	9,323
Amounts receivable, related parties transactions	284	400	785
Purchases of food, raw materials and packing supplies	440,379	411,129	582,458
Amounts payable, related party transactions	41,219	58,836	41,399
Frescopack, S.A. de C.V.
Revenue [abstract]
Revenues and balances receivable to related parties	63	53	58
Amounts receivable, related parties transactions			58
Purchases of food, raw materials and packing supplies	103,778	143,849	148,210
Amounts payable, related party transactions	65,542	9,554	26,233
Taxis aereos del noroeste, S.A. de C.V.
Revenue [abstract]
Revenues and balances receivable to related parties	51	31	42
Amounts payable, related party transactions	55		307
Airplane leasing expenses	1,435		24,971
Pulmex 2000, S.A. de C.V.
Revenue [abstract]
Purchases of food, raw materials and packing supplies	17,870	21,414	20,667
Amounts payable, related party transactions	5,609	2,407	3,976
Qualyplast, S.A. de C.V.
Revenue [abstract]
Purchases of food, raw materials and packing supplies	6,971	1,184	244
Amounts payable, related party transactions		251
Alimentos Kowi, S.A. de C.V.
Revenue [abstract]
Revenues and balances receivable to related parties	662	832	934
Amounts receivable, related parties transactions	7	286	337
Purchases of food, raw materials and packing supplies			907
Sonora Agropecuaria, S.A. de C.V.
Revenue [abstract]
Revenues and balances receivable to related parties		123,756	178,624
Amounts receivable, related parties transactions			12,494
Purchases of food, raw materials and packing supplies		4,425	3,374
Granja, Rab S.A. de C.V.
Revenue [abstract]
Purchases of food, raw materials and packing supplies	75,747
Amounts payable, related party transactions	3,187
Fertilizantes Tepeyac, S.A. de C.V.
Revenue [abstract]
Purchases of food, raw materials and packing supplies	399,480
Amounts payable, related party transactions	32
EBIPAC S.A.P.I. de C.V.
Revenue [abstract]
Purchases of food, raw materials and packing supplies	41,001
Amounts payable, related party transactions	412
GASBO, S.A. de C.V.
Revenue [abstract]
Purchases of food, raw materials and packing supplies	3,583
Amounts payable, related party transactions	267
Maquinaria agricola, S.A. de C.V.
Revenue [abstract]
Amounts payable, related party transactions	0	5	5
Purchases of vehicles, tires and spare parts	0	0	0
Llantas y Accesorios, S.A. de C.V.
Revenue [abstract]
Amounts payable, related party transactions	4,614	6,378	4,213
Purchases of vehicles, tires and spare parts	42,601	42,554	38,947
Autos y accesorios, S.A. de C.V.
Revenue [abstract]
Amounts payable, related party transactions	3,413	339	124
Purchases of vehicles, tires and spare parts	40,194	48,129	10,776
Autos y Tractores de Culiacan, S.A. de C.V.
Revenue [abstract]
Amounts payable, related party transactions	726	336	149
Purchases of vehicles, tires and spare parts	31,753	42,857	11,519
Camiones y Tractocamiones de Sonora, S.A. de C.V.
Revenue [abstract]
Amounts payable, related party transactions	59,602	2,636	149
Purchases of vehicles, tires and spare parts	164,306	91,098	270,968
Agencia MX-5, S.A de C.V.
Revenue [abstract]
Amounts payable, related party transactions	27	6	9
Purchases of vehicles, tires and spare parts	410	63	904
Alfonso R. bours, S.A. de C.V.
Revenue [abstract]
Amounts payable, related party transactions	604	50	49
Purchases of vehicles, tires and spare parts	4,926	2,651	187
Cajeme Motors S.A. de C.V.
Revenue [abstract]
Amounts payable, related party transactions	120	44	89
Purchases of vehicles, tires and spare parts	$ 442	$ 287	$ 183

Income Tax - income tax (benefi

Income Tax - income tax (benefit) expense included in profit and loss (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Income Tax
Total ISR expense	$ 1,807,638	$ 1,211,611	$ 1,124,978
Country of domicile [member]
Disclosure of Income Tax
Current ISR	1,790,621	1,321,021	1,066,160
Deferred ISR	257,020	341,131	324,415
Total ISR expense	2,047,641	1,662,152	1,390,575
Foreign countries [member]
Disclosure of Income Tax
Current ISR		33	(1,859)
Deferred ISR	(240,003)	(450,574)	(263,738)
Total ISR expense	$ 1,807,638	$ 1,211,611	$ 1,124,978

Income Tax - income tax expense

Income Tax - income tax expense attributable to income before income taxes (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax
Expected expense (ISR)	$ 2,022,521	$ 1,555,111	$ 1,292,925
Expected expense (Percentage)	30.00%	30.00%	30.00%
Increase (decrease) resulting from:
Net effects of inflation (ISR)	$ (379,311)	$ (196,379)	$ (168,822)
Net effects of inflation (Percentage)	(6.00%)	(4.00%)	(4.00%)
(Non-taxable income) Non-deductible expenses (ISR)	$ 29,503	$ 7,641	$ 11,027
(Non-taxable income) Non-deductible expenses (Percentage)	0.00%	0.00%	0.00%
Effect of rate difference of foreign subsidiary (ISR)	$ 42,516	$ 20,907	$ 48,658
Effect of rate difference of foreign subsidiary (Percentage)	1.00%	0.00%	1.00%
Effect from non-deductible employee benefits (ISR)	$ 145,301	$ 115,496	$ 70,202
Effect from non-deductible employee benefits (Percentage)	3.00%	2.00%	2.00%
Effect of tax incentive	$ (54,523)	$ (69,920)	$ (60,861)
Effect of tax incentive (Percentage)	(1.00%)	(1.00%)	(1.00%)
Effect of carryback tax losses in the United States of America (ISR)	$ 0	$ (190,144)	$ 0
Effect of carryback tax losses in the United States of America (Percentage)		(4.00%)	0.00%
Bargain purchase gain of domestic business acquisition (ISR)	0	$ (27,267)	$ 0
Bargain purchase gain of domestic business acquisition (Percentage)		0.00%	0.00%
Other (ISR)	$ 1,631	$ (3,834)	$ (68,151)
Other (Percentage)	0.00%	0.00%	(2.00%)
Income tax expense (ISR)	$ 1,807,638	$ 1,211,611	$ 1,124,978
Income tax expense (Percentage)	27.00%	23.00%	26.00%

Income Tax - tax effects of tem

Income Tax - tax effects of temporary differences, tax losses and tax credits (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets
Deferred tax assets	$ 2,330,281	$ 1,843,509	$ 1,432,508
Deferred tax liabilities
Deferred Tax Liabilities, Net	6,171,756	5,718,489	5,337,001
Net deferred tax liability	3,841,475	3,874,980	3,904,493
BSACV [Member]
Deferred tax assets
Deferred tax assets	1,092,127	280,682	250,412
Deferred tax liabilities
Deferred Tax Liabilities, Net	878,388	18,748	5,140
Net deferred tax assets	213,739	261,934	245,272
Accounts payables
Deferred tax assets
Deferred tax assets	1,948,897	1,090,676	1,097,422
Accounts payables | BSACV [Member]
Deferred tax assets
Deferred tax assets	33,873	2,207	2,481
Employee benefits
Deferred tax assets
Deferred tax assets	201,835
Employee benefits | BSACV [Member]
Deferred tax assets
Deferred tax assets	31,692	199,087	164,019
PTU payable
Deferred tax assets
Deferred tax assets	85,053	1,037
PTU payable | BSACV [Member]
Deferred tax assets
Deferred tax assets	2,476	16,690	26,020
Tax loss carryforwards
Deferred tax assets
Deferred tax assets	31,993	606,935	271,772
Tax loss carryforwards | BSACV [Member]
Deferred tax assets
Deferred tax assets	917,737	60,354	56,163
Inventories | BSACV [Member]
Deferred tax assets
Deferred tax assets			616
Property, plant and equipments | BSACV [Member]
Deferred tax assets
Deferred tax assets		1,696	1,113
Other provision
Deferred tax assets
Deferred tax assets	62,503	144,861	63,314
Other provision | BSACV [Member]
Deferred tax assets
Deferred tax assets	60,946	648
Tax Incentives To Be Credited In The United States of America | BSACV [Member]
Deferred tax assets
Deferred tax assets	45,386
Other Items [Member] | BSACV [Member]
Deferred tax assets
Deferred tax assets	17
Inventories
Deferred tax liabilities
Deferred Tax Liabilities, Net	2,053,059	1,820,929	1,696,300
Inventories | BSACV [Member]
Deferred tax liabilities
Deferred Tax Liabilities, Net	218,204
Accounts receivables
Deferred tax liabilities
Deferred Tax Liabilities, Net	593,754	497,655	445,198
Property Plant And Equipment
Deferred tax liabilities
Deferred Tax Liabilities, Net	2,558,209	2,915,222	2,667,824
Property Plant And Equipment | BSACV [Member]
Deferred tax liabilities
Deferred Tax Liabilities, Net	469,946	0	0
Prepaid expenses
Deferred tax liabilities
Deferred Tax Liabilities, Net	952,322	286,844	332,392
Prepaid expenses | BSACV [Member]
Deferred tax liabilities
Deferred Tax Liabilities, Net	860	2,872	4,593
Goodwill
Deferred tax liabilities
Deferred Tax Liabilities, Net		5,147	584
Goodwill | BSACV [Member]
Deferred tax liabilities
Deferred Tax Liabilities, Net	9,865
Intangible assets [Member]
Deferred tax liabilities
Deferred Tax Liabilities, Net		188,919	190,900
Intangible assets [Member] | BSACV [Member]
Deferred tax liabilities
Deferred Tax Liabilities, Net	178,356
Other Items
Deferred tax liabilities
Deferred Tax Liabilities, Net	1,282	0	0
Other Provision | BSACV [Member]
Deferred tax liabilities
Deferred Tax Liabilities, Net		7,655	547
Derivative financial instruments
Deferred tax liabilities
Deferred Tax Liabilities, Net	13,130	3,773	$ 3,803
Derivative financial instruments | BSACV [Member]
Deferred tax liabilities
Deferred Tax Liabilities, Net	$ 1,157	$ 8,221

Income Tax - Movement in tempor

Income Tax - Movement in temporary differences during the fiscal year (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Income Tax
Balance at January 1	$ 3,613,046	$ 3,659,221	$ 3,663,494
Recognized in profit and loss	17,017	(109,443)	(60,677)
Acquired or/ Recognized directly in equity	(2,327)	63,268	56,404
Balance at December 31	3,627,736	3,613,046	3,659,221
Accounts payables
Disclosure of Income Tax
Balance at January 1	(1,092,883)	(1,099,903)	(1,511,013)
Recognized in profit and loss	(889,150)	8,163	410,152
Acquired or/ Recognized directly in equity	(737)	(1,143)	958
Balance at December 31	(1,982,770)	(1,092,883)	(1,099,903)
Employee benefits
Disclosure of Income Tax
Balance at January 1	(199,087)		(53,398)
Recognized in profit and loss	(41,472)	(35,027)	(197,728)
Acquired or/ Recognized directly in equity	7,032	0	87,107
Balance at December 31	(233,527)	(199,087)
PTU payable
Disclosure of Income Tax
Balance at January 1	(17,727)	(26,020)	(20,536)
Recognized in profit and loss	(69,802)	8,293	(5,484)
Acquired or/ Recognized directly in equity	0	0
Balance at December 31	(87,529)	(17,727)	(26,020)
Tax loss carryforwards
Disclosure of Income Tax
Balance at January 1	(667,289)	(327,935)	(59,883)
Recognized in profit and loss	(258,865)	(314,628)	(273,479)
Acquired or/ Recognized directly in equity	(23,576)	(24,726)	5,427
Balance at December 31	(949,730)	(667,289)	(327,935)
Interest carryforwards
Disclosure of Income Tax
Balance at January 1		0
Recognized in profit and loss		1,551
Acquired or/ Recognized directly in equity		(1,551)
Balance at December 31			0
Other provision
Disclosure of Income Tax
Balance at January 1	(137,854)	(62,767)	(78,230)
Recognized in profit and loss	19,020	(74,804)	15,436
Acquired or/ Recognized directly in equity	(4,615)	(283)	27
Balance at December 31	(123,449)	(137,854)	(62,767)
Goodwill
Disclosure of Income Tax
Balance at January 1	5,147	584	(3,879)
Recognized in profit and loss	4,293	4,371	4,391
Acquired or/ Recognized directly in equity	425	192	72
Balance at December 31	9,865	5,147	584
Intangible assets. [Member]
Disclosure of Income Tax
Balance at January 1	188,919	190,900	233,749
Recognized in profit and loss	(14,891)	(12,248)	(34,220)
Acquired or/ Recognized directly in equity	4,328	10,267	(8,629)
Balance at December 31	178,356	188,919	190,900
Inventories [Member]
Disclosure of Income Tax
Balance at January 1	1,820,929	1,695,684	1,639,156
Recognized in profit and loss	443,845	114,135	64,120
Acquired or/ Recognized directly in equity	6,489	11,110	(7,592)
Balance at December 31	2,271,263	1,820,929	1,695,684
Accounts receivables
Disclosure of Income Tax
Balance at January 1	497,655	445,198	366,825
Recognized in profit and loss	96,099	52,457	78,373
Acquired or/ Recognized directly in equity	0	0
Balance at December 31	593,754	497,655	445,198
Other Items [Member]
Disclosure of Income Tax
Balance at January 1	0
Recognized in profit and loss	1,606
Acquired or/ Recognized directly in equity	(341)
Balance at December 31	1,265	0
Property, plant and equipments
Disclosure of Income Tax
Balance at January 1	2,913,526		2,503,223
Recognized in profit and loss	105,961	177,372	184,454
Acquired or/ Recognized directly in equity	8,668	69,402	(20,966)
Balance at December 31	3,028,155	2,913,526
Prepaid expenses
Disclosure of Income Tax
Balance at January 1	289,716	336,985	647,480
Recognized in profit and loss	663,466	(47,269)	(310,495)
Acquired or/ Recognized directly in equity	0	0
Balance at December 31	953,182	289,716	336,985
Derivative financial instruments
Disclosure of Income Tax
Balance at January 1	11,994	3,803
Recognized in profit and loss	2,293	8,191	3,803
Acquired or/ Recognized directly in equity	0	0
Balance at December 31	14,287	11,994	$ 3,803
Tax Incentives To Be Credited In The United States of America
Disclosure of Income Tax
Balance at January 1	0
Recognized in profit and loss	(45,386)
Acquired or/ Recognized directly in equity	0
Balance at December 31	$ (45,386)	$ 0

Income Tax - Tax on assets and

Income Tax - Tax on assets and tax loss carryforwards expire (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021MXN ($)
Disclosure of Income Tax
Tax loss carryforwards	$ 4,183,061
2017
Disclosure of Income Tax
Tax loss carryforwards	$ 57,372
Year of expiration / maturity	2027
2018
Disclosure of Income Tax
Tax loss carryforwards	$ 204,879
Year of expiration / maturity	2028
2019
Disclosure of Income Tax
Tax loss carryforwards	$ 1,285,521
Year of expiration / maturity	2029
2020
Disclosure of Income Tax
Tax loss carryforwards	$ 1,584,611
Year of expiration / maturity	2030
2021
Disclosure of Income Tax
Tax loss carryforwards	$ 1,050,678
Year of expiration / maturity	2031

Income Tax - Additional informa

Income Tax - Additional information (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Income Tax
Applicable tax rate	30.00%	30.00%	30.00%
Temporary differences associated with investments in subsidiaries, branches and associates and interests in joint arrangements for which deferred tax liabilities have not been recognised	$ 1,414,628	$ 1,802,451	$ 1,919,720
Country of domicile [member]
Disclosure of Income Tax
Applicable tax rate	30.00%	30.00%	30.00%
Foreign countries [member]
Disclosure of Income Tax
Applicable tax rate	21.00%	21.00%	21.00%

Employee benefits - Defined ben

Employee benefits - Defined benefits plan (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Disclosure of Employee benefits
Total present value of benefit obligations ("PBO")	$ 777,895	$ 755,945	$ 636,202
Plan assets at fair value	(121,643)	(163,651)	(148,392)	$ (197,247)
Projected liability, net	656,252	592,294	487,810
Present value of unfunded obligations
Disclosure of Employee benefits
Total present value of benefit obligations ("PBO")	656,252	592,294	487,810
Present value of funded obligations
Disclosure of Employee benefits
Total present value of benefit obligations ("PBO")	$ 121,643	$ 163,651	$ 148,392

Employee benefits - Composition

Employee benefits - Composition and return of plan assets (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Employee benefits
Composition Rate of the plan's assets	100.00%	100.00%	100.00%
Fixed incomes securities [Member]
Disclosure of Employee benefits
Actual Rate Of Return Of Plan's Assets	5.90%	11.28%	12.67%
Composition Rate of the plan's assets	58.00%	63.00%	62.00%
Variable income securities [Member]
Disclosure of Employee benefits
Actual Rate Of Return Of Plan's Assets	21.55%	9.47%	15.65%
Composition Rate of the plan's assets	42.00%	37.00%	38.00%

Employee benefits - Movements i

Employee benefits - Movements in the present value of defined benefit obligations (PBO) (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Employee benefits
Benefits paid by the plan	$ (56,287)		$ (32,027)
Actuarial losses in other comprehensive income	1,019	$ 1,581	2,636
Experience adjustments arising from plan liabilities [Member]
Disclosure of Employee benefits
PBO as at January 1	755,945	636,202	500,072
Benefits paid by the plan	(27,743)	(78,149)	(54,932)
Service cost	25,890	38,987	30,108
Interest cost	33,115	53,343	50,421
Actuarial losses in other comprehensive income	6,497	105,562	110,533
Past service cost - plan amendments	(15,809)	0	0
PBO as at December 31	$ 777,895	$ 755,945	$ 636,202

Employee benefits - Movements_2

Employee benefits - Movements in the fair value of plan assets (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Employee benefits.
Plan assets at fair value as at January 1	$ 163,651	$ 148,392	$ 197,247
Transfer of assets to fund defined contribution benefit plan			(39,079)
Benefits paid by the plan	(56,287)		(32,027)
Expected return on plan assets	13,260	13,678	19,615
Actuarial losses in other comprehensive income	1,019	1,581	2,636
Fair value of plan assets as at December 31	$ 121,643	$ 163,651	$ 148,392

Employee benefits - Expense rec

Employee benefits - Expense recognized in profit and loss (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Employee benefits.
Current service cost	$ 25,890	$ 38,987	$ 30,108
Interest cost, net	19,855	39,665	30,806
Termination expense	$ 45,745	$ 78,652	$ 60,914

Employee benefits - Actuarial g

Employee benefits - Actuarial gains and (losses) (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Employee benefits
Amount accumulated as at January, 1	$ (268,692)	$ (195,905)
Recognized during the year	(5,478)	(103,982)	$ (107,897)
Amount accumulated as at December, 31	(272,527)	(268,692)	(195,905)
Experience adjustments arising from plan liabilities [Member]
Disclosure of Employee benefits
Amount accumulated as at January, 1	(383,126)	(279,144)	(171,247)
Recognized during the year	(5,478)	(103,982)	(107,897)
Amount accumulated as at December, 31	$ (388,604)	$ (383,126)	$ (279,144)

Employee benefits - Actuarial a

Employee benefits - Actuarial assumptions (Details)	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Employee benefits.
Discount rate as at December, 31	9.50%	7.75%	8.75%
Rate for future salary increases	4.50%	4.50%	4.50%
Social security wage increase rate	3.50%	3.50%	3.50%

Employee benefits - Historical

Employee benefits - Historical information (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Disclosure of Employee benefits
Present value of defined benefit obligation	$ 777,895	$ 755,945	$ 636,202
Plan assets at fair value	(121,643)	(163,651)	(148,392)	$ (197,247)
Plan deficit	656,252	592,294	487,810
Experience adjustments arising from plan assets/liabilities	(1,019)	(1,581)	(2,636)
Experience adjustments arising from plan liabilities [Member]
Disclosure of Employee benefits
Experience adjustments arising from plan assets/liabilities	(6,497)	(105,562)	(110,533)
Experience adjustments arising from plan assets [Member]
Disclosure of Employee benefits
Experience adjustments arising from plan assets/liabilities	$ (1,019)	$ (1,581)	$ (2,636)

Employee benefits - Sensitivity

Employee benefits - Sensitivity analysis of the defined benefits obligations (Details) - MXN ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of sensitivity analysis for actuarial assumptions
Total present value of benefit obligations (PBO)	$ (777,895)	$ (755,945)	$ (636,202)
Rate increase (+ 1%)	(764,812)	(733,151)	(625,436)
Rate decrease (- 1%)	$ (791,381)	$ (782,404)	$ (647,310)
Actuarial assumption of discount rates	9.50%	7.75%	8.75%
Pension plan
Disclosure of sensitivity analysis for actuarial assumptions
Total present value of benefit obligations (PBO)	$ (551,682)	$ (531,251)	$ (442,133)
Rate increase (+ 1%)	(541,855)
Rate decrease (- 1%)	(561,819)
Pension plan | Discount rate
Disclosure of sensitivity analysis for actuarial assumptions
Rate increase (+ 1%)		(511,884)	(434,134)
Rate decrease (- 1%)		(554,180)	(450,391)
Seniority premium
Disclosure of sensitivity analysis for actuarial assumptions
Total present value of benefit obligations (PBO)	(226,213)	(203,282)	(173,401)
Rate increase (+ 1%)	(222,957)
Rate decrease (- 1%)	$ (229,562)
Seniority premium | Discount rate
Disclosure of sensitivity analysis for actuarial assumptions
Rate increase (+ 1%)		(200,058)	(170,812)
Rate decrease (- 1%)		(206,605)	(176,067)
Constructive obligation
Disclosure of sensitivity analysis for actuarial assumptions
Total present value of benefit obligations (PBO)		(21,412)	(20,668)
Constructive obligation | Discount rate
Disclosure of sensitivity analysis for actuarial assumptions
Rate increase (+ 1%)		(21,209)	(20,490)
Rate decrease (- 1%)		$ (21,619)	$ (20,852)

Employee benefits - Expected ca

Employee benefits - Expected cash flows (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021MXN ($)
Employee benefits.
2022-2031	$ 776,766

Employee benefits - Additional

Employee benefits - Additional information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021MXN ($)Rate	Dec. 31, 2020MXN ($)Rate	Dec. 31, 2019MXN ($)Rate	Dec. 31, 2016
Disclosure of Employee benefits
Defined benefit obligation, at present value	$ 777,895	$ 755,945	$ 636,202
Statutory employee profit sharing percentage	10.00%
Description Of Rights To Receive The Contribution	i) if the employee retires between the first and the 4.99 year of services, he/she does not have the right to receive the contribution made by the Company, ii) if he/she retires on the fifth year of services he/she has the right to receive 50% of the contributions made by the Company and, for each additional service year, the employee has the right to receive an additional 10% of the contributions made by the Company.
Description of nature of benefits provided by plan	i) 20% of employee contributions for employees with 1 - 4.99 years of service, ii) 40% of employee contributions for employees with 5 – 9.99 years of service, and iii) 100% matching contributions for employees with 10 or more years of service or when the employee reaches 40 years of age, regardless of the years of service.
Actuarial assumption of retirement age	65 years
Mortality average expected life	65 years
Men [Member]
Disclosure of Employee benefits
Mortality average expected life	17 years 1 month 17 days
Women [Member]
Disclosure of Employee benefits
Mortality average expected life	10 years 11 months 1 day
Bachoco USA, LLC [Member]
Disclosure of Employee benefits
Employee benefits expense	$ 2,505	4,678	1,772
Foreign defined benefit plans [Member] | Bachoco USA, LLC [Member]
Disclosure of Employee benefits
Defined Contribution Plan, Employer Contribution Percentage	50.00%
Employee benefits expense	$ 28,825	$ 16,418	$ 14,919
Defined Contribution Plan, Employer Contribution Percentage Per Employee	2.00%
Description of vesting requirements for share-based payment arrangement	P10Y
Number of other equity instruments outstanding in share-based payment arrangement | Rate	26,000	26,000	26,000
Defined benefit obligation, at present value	$ 48,887	$ 44,994	$ 32,874
State defined benefit plans [member]
Disclosure of Employee benefits
Employee benefits expense	$ 84,093	$ 72,121	$ 66,134
Defined Contribution Plan, Employer Contribution Percentage Per Employee	2.00%
Bottom of range [member]
Disclosure of Employee benefits
Defined Contribution Plan, Employer Contribution Percentage				1.00%
Actuarial assumption of retirement age	10 years
Top of range [member]
Disclosure of Employee benefits
Defined Contribution Plan, Employer Contribution Percentage				5.00%
Actuarial assumption of retirement age	55 years

Costs and expenses by nature (D

Costs and expenses by nature (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Costs and expenses by nature
Cost of sales	$ 68,356,654	$ 57,707,566	$ 51,557,351
General, selling and administrative expenses	7,127,780	6,420,397	6,116,620
Total costs and expenses	75,484,434	64,127,963	57,673,971
Inventory consumption	54,103,917	44,747,933	39,823,395
Wages and salaries	9,735,452	8,507,124	7,561,229
Freight	5,428,050	5,037,768	5,047,007
Maintenance	2,340,899	2,006,848	1,715,820
Other utility expenses	1,800,952	1,402,459	1,595,993
Depreciation	1,393,097	1,590,303	1,265,391
Depreciation of right-of-use assets	343,367	307,757	302,804
Leases	156,612	119,592	96,825
Other	182,088	408,179	265,507
Total	$ 75,484,434	$ 64,127,963	$ 57,673,971

Leases - leased assets with rec

Leases - leased assets with recognized right of use (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of quantitative information about right-of-use assets
Balance at the beginning	$ 1,285,411	$ 1,125,536	$ 922,410
Additions	122,590	147,631	203,126
Modifications and disposal	(2,916)	12,244
Anticipated termination	233,928
Balance at the end	1,639,013	1,285,411	1,125,536
Depreciation	(958,803)	(606,566)	(302,804)
Depreciation for the year	(343,367)	(307,757)	(302,804)
Currency translation effect	(8,870)	3,995
Total	(958,803)	(606,566)	(302,804)
Total right of use assets	680,210	678,845	822,732
Buildings and construction
Disclosure of quantitative information about right-of-use assets
Balance at the beginning	469,387	380,011	320,528
Additions	42,249	101,272	59,483
Modifications and disposal	(3,949)	(11,896)
Anticipated termination	43,145
Balance at the end	550,832	469,387	380,011
Depreciation	(270,576)	(153,987)	(97,736)
Depreciation for the year	(114,957)	(58,148)
Currency translation effect	(1,632)	1,897
Total	(270,576)	(153,987)	(97,736)
Machinery and equipment
Disclosure of quantitative information about right-of-use assets
Balance at the beginning	447,424	447,179	370,410
Additions	52,143	39,020	76,769
Modifications and disposal	4,343	(38,775)
Anticipated termination	125,251
Balance at the end	629,161	447,424	447,179
Depreciation	(359,818)	(236,330)	(116,391)
Depreciation for the year	(121,266)	(119,740)
Currency translation effect	(2,222)	(199)
Total	(359,818)	(236,330)	(116,391)
Transportation equipment
Disclosure of quantitative information about right-of-use assets
Balance at the beginning	349,208	283,332	219,132
Additions	24,595	4,767	64,200
Modifications and disposal	(1,818)	61,109
Anticipated termination	68,132
Balance at the end	440,117	349,208	283,332
Depreciation	(315,058)	(206,627)	(84,120)
Depreciation for the year	(102,245)	(126,211)
Currency translation effect	(6,186)	3,704
Total	(315,058)	(206,627)	(84,120)
Computer
Disclosure of quantitative information about right-of-use assets
Balance at the beginning	19,392	15,014	12,340
Additions	3,603	2,572	2,674
Modifications and disposal	(1,492)	1,806
Anticipated termination	(2,600)
Balance at the end	18,903	19,392	15,014
Depreciation	(13,351)	(9,622)	(4,557)
Depreciation for the year	(4,899)	(3,658)
Currency translation effect	1,170	(1,407)
Total	$ (13,351)	$ (9,622)	$ (4,557)

Leases - movements in liabiliti

Leases - movements in liabilities for these lease contracts (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Lease liabilities
Balance at the beginning	$ 719,711	$ 803,050	$ 922,410
Additions	122,590	147,631	189,762
Modifications and disposals	(1,429)	70,256
Anticipated termination	204,059
Payment	(358,987)	(386,710)	(325,207)
Interest paid	31,848	53,639	37,797
Currency translation effect	(66,312)	31,845	(21,712)
Balance at the end	651,480	719,711	803,050
Balance at the beginning	(278,981)	(149,538)
Additions		(123,276)
Currency translation effect	(828)	(6,167)
Balance at the end	(279,809)	(278,981)	(149,538)
Balance at the beginning	440,730	653,512
Additions	122,590	24,355
Modifications and Disposals	(1,429)	70,256
Anticipated termination	204,059
Payment	(358,987)	(386,710)
Interest paid	31,848	53,639
Currency translation effect	(67,140)	25,678
Balance at the end	371,671	440,730	653,512
Buildings
Lease liabilities
Balance at the beginning	310,014	280,277	320,528
Additions	42,249	101,272	59,297
Modifications and disposals	(3,953)	31,213
Anticipated termination	77,022
Payment	(129,306)	(121,909)	(113,097)
Interest paid	15,414	17,903	17,423
Currency translation effect	(11,806)	1,258	(3,874)
Balance at the end	299,634	310,014	280,277
Machinery and equipment
Lease liabilities
Balance at the beginning	238,650	308,710	370,410
Additions	52,143	39,020	63,662
Modifications and disposals	4,359	(19,990)
Anticipated termination	105,831
Payment	(128,212)	(143,240)	(124,435)
Interest paid	11,779	26,143	11,933
Currency translation effect	(33,421)	28,007	(12,860)
Balance at the end	251,129	238,650	308,710
Transportation equipment
Lease liabilities
Balance at the beginning	162,392	204,258	219,132
Additions	24,595	4,767	64,129
Modifications and disposals	(1,835)	57,473
Anticipated termination	20,287
Payment	(96,167)	(115,851)	(82,381)
Interest paid	4,415	9,228	8,070
Currency translation effect	(19,966)	2,517	(4,692)
Balance at the end	93,721	162,392	204,258
Computer
Lease liabilities
Balance at the beginning	8,655	9,805	12,340
Additions	3,603	2,572	2,674
Modifications and disposals		1,560
Anticipated termination	919
Payment	(5,302)	(5,710)	(5,294)
Interest paid	240	365	371
Currency translation effect	(1,119)	63	(286)
Balance at the end	$ 6,996	$ 8,655	$ 9,805

Leases - analysis of the maturi

Leases - analysis of the maturity of the long-term lease liabilities (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of maturity analysis of operating lease payments [line items]
Maturity of the long-term lease liabilities	$ 371,671
Expense for rental contracts with a term of less than one year	37,996	$ 36,153	$ 19,116
Rental contracts with insignificant amounts	118,616	83,439	77,709
Total rental contracts	156,612	$ 119,592	$ 96,825
2023
Disclosure of maturity analysis of operating lease payments [line items]
Maturity of the long-term lease liabilities	213,141
2024
Disclosure of maturity analysis of operating lease payments [line items]
Maturity of the long-term lease liabilities	78,918
2025
Disclosure of maturity analysis of operating lease payments [line items]
Maturity of the long-term lease liabilities	32,571
Subsequent
Disclosure of maturity analysis of operating lease payments [line items]
Maturity of the long-term lease liabilities	$ 47,041

Stockholders' equity and reserv

Stockholders' equity and reserves - Common stock and premiums (Details)	Dec. 31, 2021shares
Disclosure of Stockholders' Equity and Reserves
Number of shares outstanding Percentage	1.00%
Before the Transaction [Member] | Familiar Trusts [Member]
Disclosure of Stockholders' Equity and Reserves
Number of shares outstanding	439,500,000	[1]
Number of shares outstanding Percentage	73.25%
Before the Transaction [Member] | Floating Position [Member]
Disclosure of Stockholders' Equity and Reserves
Number of shares outstanding Percentage	26.75%
After the Transaction [Member] | Familiar Trusts [Member]
Disclosure of Stockholders' Equity and Reserves
Number of shares outstanding	439,500,000	[1]
Number of shares outstanding Percentage	73.25%	[1]
After the Transaction [Member] | Control Trust [Member]
Disclosure of Stockholders' Equity and Reserves
Number of shares outstanding	312,000,000	[1]
Number of shares outstanding Percentage	52.00%	[1]
After the Transaction [Member] | Placement Trust [Member]
Disclosure of Stockholders' Equity and Reserves
Number of shares outstanding	127,500,000	[1]
Number of shares outstanding Percentage	21.25%	[1]
After the Transaction [Member] | Floating Position [Member]
Disclosure of Stockholders' Equity and Reserves
Number of shares outstanding	160,500,000	[1],[2]
Number of shares outstanding Percentage	26.75%	[2]
[1]	All Series B shares with voting power.
[2]	Operating at the BMV and the NYSE.

Stockholders' equity and rese_2

Stockholders' equity and reserves - Stockholders with 1% or more interest in the Company (Details)	Dec. 31, 2021shares
Disclosure of Stockholders' Equity and Reserves
Number of Shares outstanding Percentage	1.00%
GBM Fondo de Inversin Total, S.A. de C.V.
Disclosure of Stockholders' Equity and Reserves
Number of shares outstanding	12,908,807
Number of Shares outstanding Percentage	2.15%
Norges Bank Investment Management (Norway)
Disclosure of Stockholders' Equity and Reserves
Number of shares outstanding	8,488,994
Number of Shares outstanding Percentage	1.41%
Renaissance Technologies LLC
Disclosure of Stockholders' Equity and Reserves
Number of shares outstanding	7,749,588
Number of Shares outstanding Percentage	1.29%
Tweedy, Browne Company LLC
Disclosure of Stockholders' Equity and Reserves
Number of shares outstanding	6,736,874
Number of Shares outstanding Percentage	1.12%

Stockholders' equity and rese_3

Stockholders' equity and reserves - Reserve for repurchase of shares (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Stockholder's equity and reserves
Balance as of January 1	152,768	100,396	86,928
(+) Total shares purchased	649,543	212,860	133,488
(-) Total shares sold	(182,768)	(160,488)	(120,020)
Balance as of December 31	619,543	152,768	100,396

Stockholders' equity and rese_4

Stockholders' equity and reserves - Tax balances of stockholder's equity (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2014	Dec. 31, 2013
IBSA individual [Member]
Disclosure of Stockholders' Equity and Reserves
Current and deferred tax relating to items credited (charged) directly to equity	$ 17,535,164	$ 11,676,526	$ 5,858,638
IBSA Consolidated [Member]
Disclosure of Stockholders' Equity and Reserves
Current and deferred tax relating to items credited (charged) directly to equity	$ 33,147,148	$ 26,957,219	$ 6,189,929

Stockholders' equity and rese_5

Stockholders' equity and reserves - Additional information (Details) $ / shares in Units, $ in Thousands		Apr. 28, 2021MXN ($)$ / shares	Apr. 22, 2020MXN ($)$ / shares	Apr. 25, 2019MXN ($)$ / shares	Dec. 31, 2021MXN ($)$ / sharesshares	Dec. 31, 2020MXN ($)$ / sharesshares	Dec. 31, 2019MXN ($)$ / sharesshares	Dec. 31, 2014	Apr. 28, 2019MXN ($)	Dec. 31, 1998MXN ($)
Disclosure of Stockholders' Equity and Reserves
Debt to EBITDA ratio					2.75
Number of shares outstanding Percentage					1.00%
Capital redemption reserve					$ 1,199,423	$ 1,266,469	$ 1,308,367		$ 1,224,000	$ 180,000
Dividend payables		$ 851,619	$ 791,744	$ 840,000
Dividends proposed or declared before financial statements authorised for issue but not recognised as distribution to owners per share | $ / shares		$ 1.42	$ 1.32	$ 1.40
Withholding tax								10.00%
Tax Bases On Contributions Made By Stockholders Taxfree Refunded					3,382,568
Reserve of remeasurements of defined benefit plans					272,527	268,692	195,905
Amount of cash flow hedges					$ 49,751	267,352	19,771
Treasury shares [member]
Disclosure of Stockholders' Equity and Reserves
Number of shares outstanding | shares					619,543
Share premium [member]
Disclosure of Stockholders' Equity and Reserves
Sale or issue of treasury shares					$ 32,331	(3,509)	(1,474)
Actuarial Remeasurement [Member]
Disclosure of Stockholders' Equity and Reserves
Deferred tax expense (income)					$ 116,074	$ 114,430	$ 83,236
BSACV [Member]
Disclosure of Stockholders' Equity and Reserves
Percentage of entity's revenue					63.00%	61.00%	63.00%
Series B registered shares [Member]
Disclosure of Stockholders' Equity and Reserves
Number of shares outstanding | shares					600,000,000	600,000,000	600,000,000
Par value per share | $ / shares					$ 1	$ 1	$ 1
Familiar Trusts [Member] | Before the Transaction [Member]
Disclosure of Stockholders' Equity and Reserves
Number of shares outstanding | shares	[1]				439,500,000
Number of shares outstanding Percentage					73.25%
Floating Position [Member] | Before the Transaction [Member]
Disclosure of Stockholders' Equity and Reserves
Number of shares outstanding Percentage					26.75%
Top of range [member]
Disclosure of Stockholders' Equity and Reserves
Interest coverage ratio					3
Bottom of range [member]
Disclosure of Stockholders' Equity and Reserves
Interest coverage ratio					1
[1]	All Series B shares with voting power.

Earnings per share (Details)

Earnings per share (Details) - MXN ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Earnings per share
Profit (loss), attributable to owners of parent	$ 5,065,554	$ 3,935,672	$ 3,219,931
Weighted average number of ordinary shares outstanding	599,730,270	599,818,022	599,971,832
Basic earnings (loss) per share	$ 8.45	$ 6.56	$ 5.37
Diluted earnings (loss) per share	$ 8.45	$ 6.56	$ 5.37

Commitments (Details)

Commitments (Details) $ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021MXN ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020MXN ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019MXN ($)	Dec. 31, 2019USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Disclosure of Commitments
Expense arising from insurance contracts	$ 188,413	$ 9,286	$ 164,356	$ 7,648	$ 126,376	$ 6,565
Borrowings	1,493,830		1,669,904		1,488,208
Letters Of credit facility [Member] | Bottom of range [member]
Disclosure of Commitments
Borrowings	59,479		57,855		54,781		$ 2,900	$ 2,900	$ 2,900
Bachoco USA, LLC [Member]
Disclosure of Commitments
Provisions for future non-participating benefits	107,842		$ 89,576		$ 81,737		5,258	$ 4,490	$ 4,327
Bachoco USA, LLC [Member] | Health care insurance [Member]
Disclosure of Commitments
Liabilities under insurance contracts and reinsurance contracts issued	7,179						350
Bachoco USA, LLC [Member] | Workers payments insurance [Member]
Disclosure of Commitments
Liabilities under insurance contracts and reinsurance contracts issued	$ 20,510						$ 1,000

Financial income and costs (Det

Financial income and costs (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial income and costs
Interest income	$ 591,046	$ 698,962	$ 988,005
Income from interest in accounts receivable	6,564	7,024	3,627
Foreign exchange gain, net	519,796	467,534
Financial income	1,117,406	1,173,520	991,632
Effects of valuation of derivative financial instruments	(1,541)	(291)	(8,029)
Foreign exchange loss, net	0	0	(272,220)
Interest expense and financial expenses on financial debt	(104,179)	(159,169)	(250,820)
Interest paid on lease	(31,848)	(53,639)	(37,797)
Other financial expenses	(129,955)	(78,230)	(41,502)
Financial costs	(267,523)	(291,329)	(610,368)
Financial income, net	$ 849,883	$ 882,191	$ 381,264

Other (expenses) income (Detail

Other (expenses) income (Details) - MXN ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other income
Sale of scrap of biological assets, raw materials, by-products and other	$ 1,076,605	$ 866,027	$ 1,203,836
Bargain purchase gain of domestic business acquisition (note 4)	0	90,889	0
Total other income	1,076,605	956,916	1,203,836
Other expenses
Cost of disposal of biological assets, raw materials, by-products and other	(910,366)	(825,415)	(944,848)
Other	(489,018)	(494,028)	(263,722)
Total other expenses	(1,399,384)	(1,319,443)	(1,208,570)
Total other (expenses) income, net	$ (322,779)	$ (362,527)	$ (4,734)

Subsequent events (Details)

Subsequent events (Details) - RYC Alimentos - USD ($) $ in Thousands	Mar. 25, 2022	Jan. 24, 2022
Business acquisition agreement
Disclosure of non-adjusting events after reporting period [line items]
Percentage of shares acquired		100.00%
Purchase price		$ 1,251,516
Tender Offer
Disclosure of non-adjusting events after reporting period [line items]
Percentage of Shares Issued in Tender offer	27.00%