Disclosure of Results of Operations of PEMEX | Nine months ended September 30, 2020 2021 ( 1 (millions of pesos or U.S. Dollars) Net sales: Domestic Ps. 377,063 Ps. 533,851 U.S.$ 26,290 Export 324,231 512,370 25,232 Services income 3,541 3,478 171 Total of sales 704,835 1,049,699 51,693 Reversal of impairment of wells, pipelines, properties, plant and equipment, net 16,111 38,242 1,883 Cost of sales 585,244 732,291 36,063 Gross income 135,702 355,650 17,513 General expenses 117,631 114,881 5,657 Other revenues 7,823 12,349 608 Other expenses (767 ) (3,569 ) (176 ) Operating income 25,127 249,549 12,288 Financing income 9,521 20,084 989 Financing (cost) (130,197 ) (110,412 ) (5,437 ) Derivative financial instruments income (cost), net 2,003 (21,632 ) (1,065 ) Foreign exchange (loss), net (383,467 ) (23,408 ) (1,153 ) (Loss) sharing in joint ventures and associates (2,215 ) (3,167 ) (156 ) Income (loss) before duties, taxes and other (479,228 ) 111,014 5,466 Total duties, taxes and other 125,947 211,252 10,403 Net (loss) (605,175 ) (100,238 ) (4,937 ) Other comprehensive results for the period 22,300 246,448 12,137 Comprehensive income (loss) Ps. (582,875) Ps. 146,210 U.S.$ 7,200 Note: Numbers may not total due to rounding. (1) Convenience translations into U.S. dollars of amounts in pesos have been made at the established exchange rate of Ps. 20.3060 = U.S. 1.00 at September 30, 2021. Such translations should not be construed as a representation that the peso amounts have been or could be converted into U.S. dollars at the foregoing or any other rate. Source: PEMEX’s unaudited condensed consolidated interim financial information. |