Schedule of reconciliation between total expenses of the income tax calculated at the applicable enacted tax rate and the tax expense recognized in the statement of income


		December 31,			December 31,			December 31,
		2025			2024 ⁽¹⁾			2023 ⁽¹⁾
Profit before income tax	Ps.	4,621,234		Ps.	3,107,791		Ps.	3,423,181
Enacted tax rate in Colombia		40	%		40	%		40	%
Theoretical income tax expense		1,848,494			1,243,116			1,369,272
Nondeductible expenses		456,190			633,879			774,386
Generation (offset) of tax losses considered non recoverable for income tax purpose ⁽²⁾		114,337			(140,284)			71,741
(Offset) of presumptive income considered non recoverable for income tax purpose		37			(518)			(23)
Nontaxable dividends		(50,680)			(59,381)			(47,242)
Nontaxable income under equity method in associates		(140,374)			(151,358)			(150,626)
Profit on disposal of investment		7,700			(19,997)			(5,009)
Nontaxable interest income and other income		(115,888)			(70,282)			(224,025)
Other nontaxable income		(313,556)			(265,218)			(136,377)
Non-accountable tax revenues in sale of BHI		—			—			114,201
Revenues taxable at different tax rate		6,164			23,593			47,139
Tax benefits in the acquisition of property and equipment		(71,464)			(45,247)			(32,493)
Tax Discounts		(27,083)			(8,466)			(25,086)
Profits (losses) in Subsidiaries in tax free countries or with different tax rate ⁽³⁾		(272,958)			(197,909)			(229,792)
Effect on the deferred income tax due to changes in tax rates ⁽⁴⁾		(10,765)			59,802			(176,764)
Prior year adjustments		102,745			(12,630)			(20,491)
Adjustments due to uncertain tax positions in previous year		—			(3,535)			(772)
Deferred taxes - Prior years adjustments		(105,959)			9,553			(165)
With holding tax		10,934			11,957			13,465
Other		(5,166)			(65,097)			(32,266)
Total tax expense of the year	Ps.	1,432,708		Ps.	941,978		Ps.	1,309,073
Effective income tax rate		31.00	%		30.31	%		38.24	%

⁽¹⁾ The information was modified based on MFG's discontinued operation; see note 13.B.

⁽²⁾ In 2025 Corficolombiana and its subsidiaries recorded new tax losses for Ps. 114,337, in 2024 used tax losses on which no deferred tax asset was recorded for Ps. (140,284) and in 2023 recorded new tax losses for Ps. 71,741. These tax loss carryforwards are not deferred tax assets because there is no certainty of their recoverability in the future.

⁽³⁾ The variation is explained because Corficolombiana consolidates companies of the real sector that are taxed at the 35% rate (no income surtax is applied), companies that have stabilized the income rate at 33% due to the validity of a legal stability contract, companies resident in Peru that are taxed at 29.5% and companies that apply special regimes such as free trade zones and hotel income. The variation is also explained by the fact that Banco Occidente consolidates its subsidiaries Nexa and Barbados at different tax rates.

⁽⁴⁾ In 2023 corresponds to the effect of the difference between the rate applied in the calculation of the deferred tax and the statutory rate for the period. The greatest impact is mainly recorded by Corficolombiana with Ps. (87,085), explained by the recalculation of the deferred tax liability of the concessions, Banco Popular for Ps. (57,700), explained by the calculation of the deferred tax at the 35% rate, Banco Occidente for Ps. (36,523), explained by the differences in rates of its subsidiaries Nexa and Barbados and other entities for Ps 4,544.

Schedule of carrying value of the assets and liabilities and their tax bases give rise to the following temporary differences which result in deferred taxes

Year ended on December 31, 2025


			Balance as of						Credited			Credited			Foreign			Balance as of
			January 1,			Discontinued			(charged) to			(charged) to			exchange			December 31,
			2025			operations (1)			profit or loss			OCI			adjustments			2025
Deferred tax assets
Debt securities at fair value		Ps.	377,090		Ps.	(108)		Ps.	182,547		Ps.	146,499		Ps.	(22)		Ps.	706,006
Equity securities			1,882			—			(78)			(789)			—			1,015
Derivative instruments			665,556			—			141,061			(19,454)			—			787,163
Accounts receivable			36,913			—			(31,343)			—			—			5,570
Allowance for accounts receivable			19,703			—			2,943			—			(201)			22,445
Loans and receivables			117,587			—			(117,617)			—			—			(30)
Allowance for impairment on loans and receivables			255,704			(173,938)			(1,120)			—			(18,403)			62,243
Allowance for foreclosed assets			4,763			(3,983)			(105)			—			(620)			55
Property, plant and equipment costs			529,257			—			(20,327)			—			(14)			508,916
Depreciation of property, plant and equipment			31,443			—			9,611			—			305			41,359
Other intangible assets			301,911			—			(168,911)			—			—			133,000
Tax losses carry forward			1,241,058			(6,014)			399,716			—			(2,187)			1,632,573
Surplus of presumptive income			618			—			(604)			—			—			14
Provisions			335,854			—			73,930			—			—			409,784
Employee benefits			73,444			(1,427)			622			(2,712)			969			70,896
Intangible assets in concession contracts			1,528,690			—			156,671			—			—			1,685,361
Biological assets			58			—			287			—			—			345
Lease agreements			684,588			(7,074)			103,327			—			(26,172)			754,669
Foreign currency bonds			905,283			—			(205,341)			(218,483)			—			481,459
Foreign currency financial liabilities			48,253			—			20,956			(35,354)			—			33,855
Other			368,073			—			(163,232)			23,379			1,128			229,348
Subtotal		Ps.	7,527,728		Ps.	(192,544)		Ps.	382,993		Ps.	(106,914)		Ps.	(45,217)		Ps.	7,566,046

Deferred tax liabilities
Debt securities at fair value		Ps.	(10,626)		Ps.	—		Ps.	(278)		Ps.	278		Ps.	—		Ps.	(10,626)
Equity securities			(202,009)			—			24,724			(10,862)			(237)			(188,384)
Derivative instruments			(661,253)			—			73,349			(72,503)			—			(660,407)
Accounts receivable			(33,485)			—			24,199			—			—			(9,286)
Allowance of investments securities			(488)			—			(37)			—			—			(525)
Loans and receivables			(36,417)			—			3,774			—			—			(32,643)
Allowance for impairment on loans and receivables			(640,405)			64,022			(243,029)			—			(1,860)			(821,272)
Foreclosed assets			(42,943)			—			4,290			—			—			(38,653)
Property plant and equipment costs ⁽²⁾			(268,208)			5,568			(519,928)			(360)			127			(782,801)
Depreciation of property, plant and equipment			(574,541)			—			(139,243)			—			327			(713,457)
Investment property			(58,307)			600			20,495			4,459			76			(32,677)
Right-of-use			(701,795)			7,627			(80,103)			—			38,926			(735,345)
Deferred charges and of intangible assets			(406,954)			11,969			106,188			—			1,843			(286,954)
Provisions			(3,522)			1,417			(790)			—			203			(2,692)
Employee benefits			(1,070)			749			93			40			(10)			(198)
Goodwill			(326,661)			—			—			—			—			(326,661)
Deferred Income			(1,616,436)			—			145,879			—			—			(1,470,557)
Financial assets in concession arrangements			(214,739)			—			(162,866)			—			—			(377,605)
Intangible assets in concession arrangements			(5,465,459)			—			75,357			—			45,532			(5,344,570)
Biological assets			(61,197)			—			(10,876)			—			—			(72,073)
Lease agreements			(5,873)			—			(2,227)			—			—			(8,100)
Foreign currency financial liabilities			(34,034)			—			31,538			—			—			(2,496)


			Balance as of						Credited			Credited			Foreign			Balance as of
			January 1,			Discontinued			(charged) to			(charged) to			exchange			December 31,
			2025			operations (1)			profit or loss			OCI			adjustments			2025
Other			(149,569)			—			(102,843)			16,776			(4,456)			(240,092)
Subtotal		Ps.	(11,515,991)		Ps.	91,952		Ps.	(752,334)		Ps.	(62,172)		Ps.	80,471		Ps.	(12,158,074)
Total		Ps.	(3,988,263)		Ps.	(100,592)		Ps.	(369,341)		Ps.	(169,086)		Ps.	35,254		Ps.	(4,592,028)

⁽¹⁾ See note 13.B., "Discontinued operation related to Multi Financial Group".

⁽²⁾ The variation corresponds to the termination of the concession agreement for the Ballena–Cartagena gas pipeline section, operated by Promigas, in compliance with the contractual and regulatory conditions applicable to the natural gas transportation system. As a result, the asset is reclassified as property, plant, and equipment, with Promigas remaining as its operator generating a higher deferred tax liability of Ps. 358,769. See note 12.1, “Assets under concession agreements”. 16.2 “Financial assets in concession arrangements” and See note 15 Tangibles Assets"..

Year ended on December 31, 2024


			Balance as of					Credited			Credited			Foreign		Balance as of
			January 1,		Discontinued			(charged) to			(charged) to			exchange		December 31,
			2024		operations (1)			profit or loss			OCI			adjustments		2024
Deferred tax assets
Debt securities at fair value		Ps.	271,644	Ps.	(925)		Ps.	84,822		Ps.	13,297		Ps.	8,252	Ps.	377,090
Equity securities			1,410		—			437			35			—		1,882
Derivative instruments			1,139,921		—			(510,077)			33,956			1,756		665,556
Accounts receivable			90,066		—			(53,153)			—			—		36,913
Allowance for accounts receivable			9,847		10,002			(313)			—			167		19,703
Loans and receivables			4,570		—			113,017			—			—		117,587
Allowance for impairment on loans and receivables			219,275		—			11,173			—			25,256		255,704
Allowance for foreclosed assets			4,480		(501)			1,060			—			(276)		4,763
Property, plant and equipment costs			470,487		—			57,088			—			1,682		529,257
Depreciation of property, plant and equipment			23,510		—			7,920			—			13		31,443
Other intangible assets			299,433		—			3,927			—			(1,449)		301,911
Tax losses carry forward			1,055,380		(3,992)			190,656			—			(986)		1,241,058
Surplus of presumptive income			2,306		—			(1,688)			—			—		618
Provisions			335,594		—			260			—			—		335,854
Employee benefits			61,705		2,608			(1,560)			2,184			8,507		73,444
Intangible assets in concession contracts			1,242,841		—			285,849			—			—		1,528,690
Biological assets			150		—			(92)			—			—		58
Lease agreements			619,451		(561)			138,040			—			(72,342)		684,588
Foreign currency bonds			527,394		—			194,964			182,925			—		905,283
Foreign currency financial liabilities			—		—			22,851			25,402			—		48,253
Other			263,357		—			104,146			226			344		368,073
Subtotal		Ps.	6,642,821	Ps.	6,631		Ps.	649,327		Ps.	258,025		Ps.	(29,076)	Ps.	7,527,728

Deferred tax liabilities
Debt securities at fair value		Ps.	(14,510)	Ps.	10		Ps.	3,301		Ps.	4,016		Ps.	(3,443)	Ps.	(10,626)
Equity securities			(202,181)		—			(1,464)			6,176			(4,540)		(202,009)
Derivative instruments			(655,317)		—			19,262			(23,441)			(1,757)		(661,253)
Accounts receivable			(32,329)		—			(1,156)			—			—		(33,485)
Allowance of investments securities			(422)		—			(66)			—			—		(488)
Loans and receivables			(24,833)		—			(11,584)			—			—		(36,417)
Allowance for impairment on loans and receivables			(656,156)		—			24,028			—			(8,277)		(640,405)
Foreclosed assets			(49,526)		—			6,583			—			—		(42,943)
Property plant and equipment costs			(226,618)		300			(38,381)			75			(3,584)		(268,208)
Depreciation of property, plant and equipment			(489,096)		—			(88,955)			—			3,510		(574,541)
Investment property			(46,134)		(149)			(5,169)			(6,774)			(81)		(58,307)
Right-of-use			(276,424)		1,247			(490,295)			—			63,677		(701,795)
Deferred charges and of intangible assets			(417,780)		1,092			16,357			—			(6,623)		(406,954)
Provisions			(3,660)		308			64			—			(234)		(3,522)
Employee benefits			(447)		(2,109)			257			1,351			(122)		(1,070)
Goodwill			(326,661)		—			—			—			—		(326,661)
Deferred Income			(1,308,952)		—			(307,484)			—			—		(1,616,436)
Financial assets in concession arrangements			(204,636)		—			(10,103)			—			—		(214,739)
Intangible assets in concession arrangements			(5,175,297)		—			(256,684)			—			(33,478)		(5,465,459)
Biological assets			(68,751)		—			7,554			—			—		(61,197)
Lease agreements			(381,618)		—			375,745			—			—		(5,873)
Foreign currency financial liabilities			(267,090)		—			233,056			—			—		(34,034)
Other			(80,111)		—			(53,393)			(14,585)			(1,480)		(149,569)
Subtotal		Ps.	(10,908,549)	Ps.	699		Ps.	(578,527)		Ps.	(33,182)		Ps.	3,568	Ps.	(11,515,991)
Total		Ps.	(4,265,728)	Ps.	7,330		Ps.	70,800		Ps.	224,843		Ps.	(25,508)	Ps.	(3,988,263)

⁽¹⁾ See note 13.B., "Discontinued operation related to Multi Financial Group".

Year ended on December 31, 2023


			Balance as of					Credited			Credited			Foreign		Balance as of
			January 1,		Discontinued			(charged) to			(charged) to			exchange		December 31,
			2023		operations (1)			profit or loss			OCI			adjustments		2023
Deferred tax assets
Debt securities at fair value		Ps.	857,505	Ps.	(2,035)		Ps.	(62,804)		Ps.	(520,770)		Ps.	(252)	Ps.	271,644
Equity securities			165		—			1,245			—			—		1,410
Derivative instruments			452,394		—			674,733			9,793			3,001		1,139,921
Allowance of investments securities			1,468		—			(1,468)			—			—		—
Accounts receivable			258,765		—			(168,647)			—			(52)		90,066
Allowance for accounts receivable			80,839		—			(71,334)			—			342		9,847
Loans and receivables			905		—			3,674			—			(9)		4,570
Allowance for impairment on loans and receivables			292,841		(6,104)			(26,999)			—			(40,463)		219,275
Allowance for foreclosed assets			8,750		(2,848)			(368)			—			(1,054)		4,480
Property, plant and equipment costs			349,485		—			121,098			—			(96)		470,487
Depreciation of property, plant and equipment			18,018		—			(39,387)			—			44,879		23,510
Investment property			31,061		—			(31,061)			—			—		—
Other intangible assets			237,436		—			61,968			—			29		299,433
Tax losses carry forward			272,020		(763)			779,074			—			5,049		1,055,380
Surplus of presumptive income			18,350		—			(16,044)			—			—		2,306
Provisions			326,889		—			23,237			—			(14,532)		335,594
Employee benefits			73,732		745			(25,998)			13,963			(737)		61,705
Intangible assets in concession contracts			1,585,925		—			(333,025)			—			(10,059)		1,242,841
Biological assets			167		—			(17)			—			—		150
Lease agreements			619,032		(2,249)			18,293			—			(15,625)		619,451
Foreign currency bonds			1,421,540		—			(620,538)			(273,608)			—		527,394
Foreign currency financial liabilities			365,565		—			(365,565)			—			—		—
Other			396,367		—			(71,664)			(89,171)			27,825		263,357
Subtotal		Ps.	7,669,219	Ps.	(13,254)		Ps.	(151,597)		Ps.	(859,793)		Ps.	(1,754)	Ps.	6,642,821

Deferred tax liabilities
Debt securities at fair value		Ps.	(3,568)	Ps.	13		Ps.	(5,686)		Ps.	(5,346)		Ps.	77	Ps.	(14,510)
Equity securities			(172,559)		5,024			(38,013)			3,542			(175)		(202,181)
Derivative instruments			(663,726)		—			8,847			—			(438)		(655,317)
Accounts receivable			(257,754)		—			225,450			—			(25)		(32,329)
Allowance of investments securities			(2,577)		—			2,155			—			—		(422)
Loans and receivables			(37,469)		—			12,636			—			—		(24,833)
Allowance for impairment on loans and receivables			(700,024)		—			29,937			—			13,931		(656,156)
Foreclosed assets			(75,396)		—			25,870			—			—		(49,526)
Property plant and equipment costs			(234,385)		35			4,933			1,051			1,748		(226,618)
Depreciation of property, plant and equipment			(462,695)		—			(27,481)			—			1,080		(489,096)
Investment property			(97,608)		96			51,266			—			112		(46,134)
Right-of-use			(314,062)		3,370			32,143			—			2,125		(276,424)
Deferred charges and of intangible assets			(326,052)		11,966			(106,579)			—			2,885		(417,780)
Provisions			(3,474)		152			(771)			—			433		(3,660)
Employee benefits			(24,321)		(321)			23,371			710			114		(447)
Goodwill			(326,661)		—			—			—			—		(326,661)
Deferred Income			(1,027,577)		—			(281,375)			—			—		(1,308,952)
Financial assets in concession arrangements			(197,679)		—			(6,957)			—			—		(204,636)
Intangible assets in concession arrangements			(5,348,922)		—			140,818			—			32,807		(5,175,297)
Biological assets			(63,378)		—			(5,373)			—			—		(68,751)
Lease agreements			(346,541)		—			(35,077)			—			—		(381,618)
Foreign currency financial liabilities			—		—			(312,319)			45,229			—		(267,090)
Other			(194,243)		—			120,485			33			(6,386)		(80,111)
Subtotal		Ps.	(10,880,671)	Ps.	20,335		Ps.	(141,720)		Ps.	45,219		Ps.	48,288	Ps.	(10,908,549)
Total		Ps.	(3,211,452)	Ps.	7,081		Ps.	(293,317)		Ps.	(814,574)		Ps.	46,534	Ps.	(4,265,728)

⁽¹⁾ See note 13.B., "Discontinued operation related to Multi Financial Group".

Schedule effects of the current and deferred taxes in each component of other comprehensive income


	December 31, 2025
	Amount before taxes		Deferred tax (expense) income		OCI Net ⁽¹⁾
Items that will be reclassified to profit or loss
Hedged Items ⁽²⁾	Ps.	(630,465)	Ps.	2,447	Ps.	(628,018)
Hedging non-derivative instrument		613,587		(218,090)		395,497
Cash Flow hedging ⁽³⁾		177,002		(138,554)		38,448
Foreign currency translation differences for foreign operations		(372,722)		37,687		(335,035)
Debt financial instruments		(301,599)		145,414		(156,185)
Investment in associates and join ventures		(56,424)		1,949		(54,475)
Subtotal Items that will be reclassified to profit or loss	Ps.	(570,621)	Ps.	(169,147)	Ps.	(739,768)

Items that will not be reclassified to profit or loss
Transfer from owner-occupied property to investment property	Ps.	(1,095)	Ps.	4,098	Ps.	3,003
Unrealized gains (losses) on equity securities		260,051		(1,365)		258,686
Actuarial gains (losses) from defined benefit pension plans		13,271		(2,672)		10,599
Subtotal Items that will not be reclassified to profit or loss	Ps.	272,227	Ps.	61	Ps.	272,288
Total “other comprehensive income” during the period	Ps.	(298,394)	Ps.	(169,086)	Ps.	(467,480)

Discontinued operation⁽⁴⁾
Items that will be reclassified to profit or loss
Debt financial instruments	Ps.	171,542	Ps.	—	Ps.	171,542
Subtotal Items that will be reclassified to profit or loss	Ps.	171,542	Ps.	—	Ps.	171,542

Items that will not be reclassified to profit or loss
Actuarial losses in employee retirement plans	Ps.	(796)	Ps.	199	Ps.	(597)
Subtotal Items that will not be reclassified to profit or loss	Ps.	(796)	Ps.	199	Ps.	(597)
Total “other comprehensive income” during the period of discontinued operations	Ps.	170,746	Ps.	199	Ps.	170,945
Total “other comprehensive income” during the period					Ps.	(296,535)

⁽¹⁾ See Note 25.5 "Consolidated Other Comprehensive Income (OCI)"

⁽²⁾ The tax effect only includes deferred tax on those investments where there is no control of the reversal of the temporary difference

⁽³⁾ See note 10.2 "Cash flow hedges". The effect of changes in the fair value of the account receivable of Ps. (211,534) which is part of the tax basis is not deferred tax.

⁽⁴⁾ See note 13.B., "Discontinued operation related to Multi Financial Group".


	December 31, 2024
	Amount before taxes		Deferred tax (expense) income		OCI Net ⁽¹⁾
Items that will be reclassified to profit or loss
Hedged Items ⁽²⁾	Ps.	514,713	Ps.	(1,988)	Ps.	512,725
Hedging non-derivative instrument		(500,007)		176,097		(323,910)
Cash Flow hedging ⁽³⁾		55,081		45,697		100,778
Foreign currency translation differences for foreign operations		247,019		(17,298)		229,721
Debt financial instruments		(163,387)		36,715		(126,672)
Investment in associates and join ventures		15,329		(548)		14,781
Subtotal Items that will be reclassified to profit or loss	Ps.	168,748	Ps.	238,675	Ps.	407,423

Items that will not be reclassified to profit or loss
Transfer from owner-occupied property to investment property	Ps.	16,741	Ps.	(6,699)	Ps.	10,042
Unrealized gains (losses) on equity securities		301,497		(10,668)		290,829
Actuarial gains (losses) from defined benefit pension plans		(12,346)		3,535		(8,811)
Subtotal Items that will not be reclassified to profit or loss	Ps.	305,892	Ps.	(13,832)	Ps.	292,060
Total “other comprehensive income” during the period	Ps.	474,640	Ps.	224,843	Ps.	699,483

Discontinued operation⁽⁴⁾
Items that will be reclassified to profit or loss
Debt financial instruments	Ps.	50,695	Ps.	—	Ps.	50,695
Subtotal Items that will be reclassified to profit or loss	Ps.	50,695	Ps.	—	Ps.	50,695

Items that will not be reclassified to profit or loss
Actuarial losses in employee retirement plans	Ps.	(5,393)	Ps.	1,348	Ps.	(4,045)
Subtotal Items that will not be reclassified to profit or loss	Ps.	(5,393)	Ps.	1,348	Ps.	(4,045)
Total “other comprehensive income” during the period of discontinued operations	Ps.	45,302	Ps.	1,348	Ps.	46,650
Total “other comprehensive income” during the period					Ps.	746,133

⁽¹⁾ See Note 25.5 "Consolidated Other Comprehensive Income (OCI)"

⁽²⁾ The tax effect only includes deferred tax on those investments where there is no control of the reversal of the temporary difference

⁽³⁾ See note 10.2 "Cash flow hedges". The effect of changes in the fair value of the account receivable of Ps. 184,902 which is part of the tax basis is not deferred tax.

⁽⁴⁾ See note 13.B., "Discontinued operation related to Multi Financial Group".

December 31, 2023

Amount before taxes

Current tax (expense) income

Deferred tax (expense) income

OCI Net ⁽¹⁾

Items that will be reclassified to profit or loss

Hedged Items ⁽²⁾

Ps.

(797,514)

Ps.

—

Ps.

3,972

Ps.

(793,542)

Hedging non-derivative instrument

—

919

(2,930)

(2,011)

Hedging financial liabilities in foreign currency

760,997

—

(266,321)

494,676

Cash Flow hedging ⁽³⁾

(35,923)

—

(83,357)

(119,280)

Foreign currency translation differences for foreign operations

(409,671)

—

44,884

(364,787)

Debt financial instruments

1,681,726

—

(517,560)

1,164,166

Investment in associates and join ventures

(35,892)

—

1,660

(34,232)

Subtotal Items that will be reclassified to profit or loss

Ps.

1,163,723

Ps.

919

Ps.

(819,652)

Ps.

344,990

Items that will not be reclassified to profit or loss

Transfer from owner-occupied property to investment property

Ps.

(1,963)

Ps.

—

Ps.

1,051

Ps.

(912)

Unrealized gains (losses) on equity securities

156,383

—

(10,646)

145,737

Actuarial gains (losses) from defined benefit pension plans

(54,630)

—

14,673

(39,957)

Subtotal Items that will not be reclassified to profit or loss

Ps.

99,790

Ps.

—

Ps.

5,078

Ps.

104,868

Total “other comprehensive income” during the period

Ps.

1,263,513

Ps.

919

Ps.

(814,574)

Ps.

449,858

Discontinued operation⁽⁴⁾

Items that will be reclassified to profit or loss

Debt financial instruments

Ps.

113,940

Ps.

—

Ps.

—

Ps.

113,940

Subtotal Items that will be reclassified to profit or loss

Ps.

113,940

Ps.

—

Ps.

—

Ps.

113,940

Items that will not be reclassified to profit or loss

Actuarial losses in employee retirement plans

Ps.

(1,694)

Ps.

—

Ps.

423

Ps.

(1,271)

Subtotal Items that will not be reclassified to profit or loss

Ps.

(1,694)

Ps.

—

Ps.

423

Ps.

(1,271)

Total “other comprehensive income” during the period of discontinued operations

Ps.

112,246

Ps.

—

Ps.

423

Ps.

112,669

Total “other comprehensive income” during the period

Ps.

562,527

⁽¹⁾ See Note 25.5 "Consolidated Other Comprehensive Income (OCI)"

⁽²⁾ The tax effect only includes deferred tax on those investments where there is no control of the reversal of the temporary difference

⁽³⁾ See note 10.2 "Cash flow hedges". The effect of changes in the fair value of the account receivable of Ps. (258,982) which is part of the tax basis is not deferred tax.

⁽⁴⁾ See note 13.B., "Discontinued operation related to Multi Financial Group".