Material Accounting Policies [Abstract]

Schedule of Consolidated Statement of Profit or Loss and Other Comprehensive Income

Consolidated Statement of Profit or Loss and Other Comprehensive Income for the year ended December 31, 2023

	Restated			Previously Presented			Difference			Reference
Net revenue	$	13,009,507			13,009,507			-

Cost of sales		4,260,842			3,701,255			559,587		b

Gross profit		8,748,665			9,308,252			(559,587	)

Administrative expenses		2,367,280			2,908,945			(541,665	)	a, b
Distribution expenses		582,237			593,174			(10,937	)	b
		6,409,884			6,962,486			(552,602	)	a, b

Operating income		2,338,781			2,345,766			(6,985	)	a

Financing income (cost):
Interest expense		(827,812	)		(820,262	)		(7,550	)	a
		(922,194	)		(914,644	)		(7,550	)

Income before income taxes		1,416,587			1,431,122			(14,535	)	a

Deferred income tax		(265,498	)		(261,137	)		(4,361	)	a
		380,023			384,384			(4,361	)

Net income for the year	$	1,036,564			1,046,738			(10,174	)	a

Net income for the year attributable to:
Owners of the Group	$	1,039,287			1,049,461			(10,174	)
Non-controlling interest		(2,723	)		(2,723	)		-
		1,036,564			1,046,738			(10,174	)

Basic earnings per common share (pesos)	$	27.90		$	28.18		$	(0.28	)	c
Diluted earnings per common share (pesos)	$	27.89		$	28.16		$	(0.27	)	c

Consolidated Statement of Profit or Loss and Other Comprehensive Income for the year ended December 31, 2022

	Restated		Previously Presented		Difference			Reference
Net revenue	$	11,507,549		11,507,549		-

Cost of sales		3,983,571		3,579,093		404,478		b

Gross profit		7,523,978		7,928,456		(404,478	)

Administrative expenses		2,198,330		2,596,642		(398,312	)	b
Distribution expenses		467,350		473,516		(6,166	)	b
		5,473,710		5,878,188		(404,478	)	b

Operating income		2,028,406		2,028,406		-

Income before income taxes		1,386,884		1,386,884		-

Net income for the year	$	869,964		869,964		-

a)

Restatement of the 2023 consolidated statement of financial position and consolidated statement of profit or loss and other comprehensive income, resulting from the adjustment for recognition of Jafra México’s right-of-use and office lease liabilities in the correct period as of the May 1, 2023, transaction date.

b)

Restatement of the consolidated statement of profit or loss and other comprehensive income for the years 2023 and 2022, resulting from the recognition in the cost of sales of direct labor expenses and the corresponding proportion of indirect variable and fixed costs, allocated based on normal operating capacity, which were erroneously classified in administrative and distribution expenses from Jafra Mexico segment. These reclassifications had no effect on inventory balances because the error was identified only in the correct presentation of expenses within cost of sales in the Consolidated statement of profit or loss and other comprehensive income.

c)

Restatement of basic and diluted earnings per share in fiscal year 2023, derived from the lease adjustment mentioned in section a), where basic and diluted earnings suffered a decrease of Ps.0.28 and Ps.0.27 cents per share respectively.

Schedule of Useful Lives are Used in the Calculation of Depreciation

The following useful lives, considering separately each of the asset’s components, are used in the calculation of depreciation:

		Useful life
Asset
Buildings		5 – 50 years
Molds and machinery		3 – 15 years
Vehicles		4 years
Computers and equipment		3 – 10 years
Leasehold improvements		3 – 5 years