v3.25.1
Related Party Balances and Transactions
12 Months Ended
Dec. 31, 2024
Related Party Balances and Transactions [Abstract]  
Related party balances and transactions
24.Related party balances and transactions

 

The following balances were outstanding as of December 31, 2024, 2023 and 2022, respectively, which are at market value:

 

Trade account receivables from related parties  2024   2023   2022 
             
Campalier, S.A. de C.V. (shareholder)  Ps.250    104    - 
Fundación Betterware., A.C. (affiliated)   -    -    61 
    250    104    61 

 

Trade account payables to related parties  2024   2023   2022 
             
Campalier, S.A. de C.V. (shareholder)  Ps.1,237    -    96,859 

 

On June 23, 2022, our subsidiary Programa Lazos, as borrower, entered into a loan agreement for an amount of Ps.150,000 with Campalier, as lender. As of December 31, 2022, Lazos had withdrawn Ps.120,000 under such loan. Principal amount bore a monthly variable interest rate of TIIE plus 349 basis points, and it did not contain a specific maturity date. On August 31, 2023, Programa Lazos replaced the total amount of the loan that had with Campalier by Ps.122,500 million by a loan with Betterware de Mexico as a lender, bearing a monthly interest rate of TIIE plus 349 basis points.

 

In October 2023, Betterware de México, S.A.P.I. de C.V. and Campalier, S.A. de C.V., signed a services agreement in which Betterware undertakes to provide Campalier with specialized services agreed to comparable market conditions, such as: consulting, accounting and financial advice, with monthly payments. The total amount paid during 2024 and 2023 was Ps.2,454 and Ps.222, respectively.

 

Trading transactions

 

   2024   2023   2022 
Revenues / expenses to Betterware with:  Lease
income
   Donation
expenses
   Lease
income
   Donation
expenses
   Lease
income
   Donation
expenses
 
                         
Fundación Betterware., A.C.  Ps.63    1,087    63    5,430    63    3,350 

 

   2024   2023   2022 
Revenues to Betterware / Expenses to Lazos with:  Services
revenue
   Interest
expenses
   Services
revenue
   Interest
expenses
   Interest
expenses
 
                     
Campalier, S.A. de C.V.  Ps.2,454    3,045    222    5,064    7,479 

 

Remuneration of key management personnel –

 

Key management personnel compensation comprised short-term employee benefits of Ps.67,297, Ps.62,574, and Ps.47,265, for the years 2024, 2023 and 2022, respectively. At the end of each period, there are no outstanding balances.