| Detailed Information About Property, Plant and Equipment |
As of March 31, 2025, 2024 and December 31, 2024, wells, pipelines, properties, plant and equipment, net, is presented as follows:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Plants | Drilling
equipment | Pipelines | Wells | Buildings | Offshore
platforms | Furniture and
equipment | Transportation
equipment | Construction in progress (1) | Land | Total fixed assets | | Investment | | | | | | | | | | | | | Balances as of January 1, 2024 | Ps. | 1,070,987,449 | | 18,913,795 | | 491,444,562 | | 1,695,212,594 | | 73,956,002 | | 425,259,020 | | 53,545,137 | | 32,988,437 | | 480,504,766 | | 52,888,295 | | Ps. | 4,395,700,057 | | | Acquisitions | 2,634,900 | | 1,063,180 | | 623,500 | | 7,682,250 | | 20 | | 371,090 | | 541,520 | | 214,780 | | 28,658,120 | | — | | 41,789,360 | | | Reclassifications | 511,550 | | — | | — | | — | | 38,830 | | (550,380) | | — | | — | | — | | — | | — | | | Capitalization | 6,068,680 | | — | | 5,910 | | 13,749,990 | | 817,350 | | — | | 172,560 | | 23,390 | | (20,865,300) | | 27,420 | | — | | | Disposals | (489,040) | | — | | (802,610) | | — | | (10,370) | | — | | (192,280) | | (169,090) | | (2,567,600) | | (5,090) | | (4,236,080) | | | Translation effect | (1,870,320) | | — | | (5,220) | | — | | (144,830) | | — | | (11,820) | | (54,190) | | (4,039,740) | | (32,940) | | (6,159,060) | | | Balances as of March 31, 2024 | Ps. | 1,077,843,219 | | 19,976,975 | | 491,266,142 | | 1,716,644,834 | | 74,657,002 | | 425,079,730 | | 54,055,117 | | 33,003,327 | | 481,690,246 | | 52,877,685 | | Ps. | 4,427,094,277 | | | Balances as of January 1, 2024 | Ps. | 1,070,987,449 | | 18,913,795 | | 491,444,562 | | 1,695,212,594 | | 73,956,002 | | 425,259,020 | | 53,545,137 | | 32,988,437 | | 480,504,766 | | 52,888,295 | | Ps. | 4,395,700,057 | | | Acquisitions | 11,194,280 | | 5,432,300 | | 7,180,410 | | 94,119,630 | | 57,660 | | 2,573,440 | | 2,922,890 | | 817,850 | | 189,951,070 | | — | | 314,249,530 | | | Reclassifications | 1,357,250 | | — | | 397,460 | | — | | 252,930 | | (1,280,890) | | 309,960 | | 130,500 | | (6,260) | | 27,740 | | 1,188,690 | | | Capitalization | 44,796,840 | | — | | 9,245,250 | | 60,274,710 | | 1,864,030 | | 2,135,690 | | 565,340 | | 55,790 | | (118,965,090) | | 27,440 | | — | | | Disposals | (5,171,200) | | (38,620) | | (994,620) | | — | | (242,880) | | (7,940) | | (2,036,150) | | (545,530) | | (5,117,236) | | (62,990) | | (14,217,166) | | | Translation effect | 23,924,080 | | — | | (22,690) | | — | | 1,962,770 | | — | | 151,040 | | 746,120 | | 49,166,860 | | 451,890 | | 76,380,070 | | | Balances as of December 31, 2024 | Ps. | 1,147,088,699 | | 24,307,475 | | 507,250,372 | | 1,849,606,934 | | 77,850,512 | | 428,679,320 | | 55,458,217 | | 34,193,167 | | 595,534,110 | | 53,332,375 | | Ps. | 4,773,301,181 | | | Acquisitions | 1,665,780 | | 226,380 | | 2,977,500 | | 12,759,400 | | 90 | | 131,250 | | 46,380 | | 81,200 | | (981,340) | | — | | 16,906,640 | | | Reclassifications | — | | — | | 522,330 | | — | | — | | — | | — | | 30,230 | | — | | — | | 552,560 | | | Capitalization | 24,437,010 | | — | | 28,990 | | 1,116,280 | | 145,010 | | — | | 223,000 | | 33,510 | | (25,983,800) | | — | | — | | | Disposals | (578,610) | | (157,820) | | (596,580) | | — | | — | | (14,800) | | (280,590) | | (56,970) | | (534,810) | | — | | (2,220,180) | | | Translation effect | 1,453,610 | | — | | (243,390) | | — | | 30,970 | | — | | 8,030 | | 11,800 | | (26,720) | | 7,070 | | 1,241,370 | | | Balances as of March 31, 2025 | Ps. | 1,174,066,489 | | 24,376,035 | | 509,939,222 | | 1,863,482,614 | | 78,026,582 | | 428,795,770 | | 55,455,037 | | 34,292,937 | | 568,007,440 | | 53,339,445 | | Ps. | 4,789,781,571 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Accumulated depreciation and amortization | Plants | Drilling
equipment | Pipelines | Wells | Buildings | Offshore
platforms | Furniture and
equipment | Transportation
equipment | Construction in progress (1) | Land | Total fixed assets | | Balances as of January 1, 2024 | Ps. | (785,552,629) | | (6,896,584) | | (308,862,775) | | (1,341,888,963) | | (48,568,206) | | (300,832,110) | | (46,934,913) | | (16,908,292) | | (56,933,419) | | — | | Ps. | (2,913,377,891) | | | Depreciation and amortization | (8,029,830) | | (171,490) | | (3,399,630) | | (17,070,010) | | (421,830) | | (2,937,820) | | (408,030) | | (442,057) | | — | | — | | (32,880,697) | | | Reclassifications | (27,520) | | — | | — | | — | | (18,750) | | 46,270 | | — | | — | | — | | — | | — | | | (Impairment) | (196,860) | | — | | (4,202,050) | | (6,862,990) | | — | | (2,393,760) | | — | | — | | (1,277,980) | | — | | (14,933,640) | | | Reversal of impairment | — | | — | | 1,676,727 | | 5,472,320 | | — | | 83,120 | | — | | — | | 55,630 | | — | | 7,287,797 | | | Disposals | 188,920 | | — | | 802,597 | | — | | 4,050 | | — | | 190,920 | | 99,540 | | — | | — | | 1,286,027 | | | Translation effect | 1,069,040 | | — | | 5,790 | | — | | 67,760 | | — | | 5,430 | | 12,920 | | — | | — | | 1,160,940 | | | Balances as of March 31, 2024 | Ps. | (792,548,879) | | (7,068,074) | | (313,979,341) | | (1,360,349,643) | | (48,936,976) | | (306,034,300) | | (47,146,593) | | (17,237,889) | | (58,155,769) | | — | | Ps. | (2,951,457,464) | | | Balances as of January 1, 2024 | Ps. | (785,552,629) | | (6,896,584) | | (308,862,775) | | (1,341,888,963) | | (48,568,206) | | (300,832,110) | | (46,934,913) | | (16,908,292) | | (56,933,419) | | — | | Ps. | (2,913,377,891) | | | Depreciation and amortization | (32,590,580) | | (765,490) | | (12,534,800) | | (82,997,750) | | (1,786,750) | | (12,839,730) | | (1,628,720) | | (1,706,388) | | — | | — | | (146,850,208) | | | Reclassifications | (330,550) | | 53,880 | | (410,050) | | (53,980) | | (34,000) | | 53,950 | | (309,710) | | (158,330) | | 100 | | — | | (1,188,690) | | | (Impairment) | (119,691,380) | | — | | (16,588,490) | | (27,386,630) | | (218,120) | | (9,356,010) | | — | | — | | (5,027,050) | | — | | (178,267,680) | | | Reversal of impairment | 46,899,260 | | — | | 10,442,300 | | 39,134,890 | | — | | 19,784,040 | | 62,440 | | — | | 8,467,170 | | — | | 124,790,100 | | | Disposals | 4,712,390 | | 33,950 | | 994,600 | | — | | 59,210 | | 5,070 | | 2,030,670 | | 487,820 | | — | | — | | 8,323,710 | | | Translation effect | (15,029,580) | | — | | 23,010 | | — | | (939,730) | | — | | (65,130) | | (186,380) | | — | | — | | (16,197,810) | | | Balances as of December 31, 2024 | Ps. | (901,583,069) | | (7,574,244) | | (326,936,205) | | (1,413,192,433) | | (51,487,596) | | (303,184,790) | | (46,845,363) | | (18,471,570) | | (53,493,199) | | — | | Ps. | (3,122,768,469) | | | Depreciation and amortization | (7,449,280) | | (106,130) | | (2,973,390) | | (21,230,510) | | (412,090) | | (2,903,810) | | (397,860) | | (430,950) | | — | | — | | (35,904,020) | | | Reclassifications | — | | 370 | | (522,330) | | — | | — | | — | | (370) | | (30,230) | | — | | — | | (552,560) | | | (Impairment) | (622,910) | | — | | (1,390,680) | | (9,390,840) | | (36,200) | | — | | — | | — | | (28) | | — | | (11,440,658) | | | Reversal of impairment | 3,926,030 | | — | | — | | 1,894,170 | | — | | — | | — | | — | | 130 | | — | | 5,820,330 | | | Disposals | 283,140 | | 68,220 | | 584,600 | | — | | — | | 12,000 | | 280,490 | | 57,002 | | — | | — | | 1,285,452 | | | Translation effect | (216,820) | | — | | 172,420 | | — | | (15,040) | | — | | (7,940) | | (10,130) | | — | | — | | (77,510) | | | Balances as of March 31, 2025 | Ps. | (905,662,909) | | (7,611,784) | | (331,065,585) | | (1,441,919,613) | | (51,950,926) | | (306,076,600) | | (46,971,043) | | (18,885,878) | | (53,493,097) | | — | | Ps. | (3,163,637,435) | | | Wells, pipelines, properties, plant and equipment—net as of March 31, 2024 | Ps. | 285,294,340 | | 12,908,901 | | 177,286,801 | | 356,295,191 | | 25,720,026 | | 119,045,430 | | 6,908,524 | | 15,765,438 | | 423,534,477 | | 52,877,685 | | Ps. | 1,475,636,813 | | | Wells, pipelines, properties, plant and equipment—net as of December 31, 2024 | Ps. | 245,505,630 | | 16,733,231 | | 180,314,167 | | 436,414,501 | | 26,362,916 | | 125,494,530 | | 8,612,854 | | 15,721,597 | | 542,040,911 | | 53,332,375 | | Ps. | 1,650,532,712 | | | Wells, pipelines, properties, plant and equipment—net as of March 31, 2025 | Ps. | 268,403,580 | | 16,764,251 | | 178,873,637 | | 421,563,001 | | 26,075,656 | | 122,719,170 | | 8,483,994 | | 15,407,059 | | 514,514,343 | | 53,339,445 | | Ps. | 1,626,144,136 | | | Depreciation rates | 3 to 5% | 5 | % | 2 to7% | — | | 3 to 7% | 4 | % | 3 to 10% | 4 to 20% | — | | — | | | | Estimated useful lives | 20 to 35 | 20 | 15 to 45 | — | | 33 to 35 | 25 | 3 to 10 | 5 to 25 | — | | — | | |
(1)Mainly wells, pipelines and plants. A.For the three-month periods ended March 31, 2025 and 2024, the financing cost identified with fixed assets in the construction or installation stage, capitalized as part of the value of such fixed assets, was Ps.1,749,532 and Ps. 2,531,378 respectively. Financing cost rates during the three-month periods ended March 31, 2025 and 2024 were 8.35% to 14.11% and 7.82% to 18.68%, respectively. B.The combined depreciation of fixed assets and amortization of wells for the three-month periods ended March 31, 2025 and 2024, recognized in operating costs and expenses, was Ps. 35,904,020 and Ps. 32,880,697, respectively. These figures include Ps. 1,851,961 and Ps. 36,420 for oil and gas production assets and costs related to plugging and abandonment of wells for the three-month periods ended March 31, 2025 and 2024, respectively. C.As of March 31, 2025 and December 31, 2024, provisions relating to future plugging of wells costs amounted to Ps. 118,264,318 and Ps. 115,514,750, respectively, and are presented in the “Provisions for plugging of wells” (see Note 16). D.For the three-month periods ended March 31, 2025 and 2024, the translation effect of property, plant and equipment items from a different currency than the presentation currency was Ps. 1,163,860 and Ps. (4,998,120), respectively, which was mainly plant. E.During the three-month periods ended March 31, 2025 and 2024, PEMEX recognized a net impairment of Ps. (5,620,328) and Ps. (7,645,843), respectively, which is presented as a separate line item in the condensed consolidated interim statement of comprehensive income as follows: | | | | | | | | | | For the three-month periods ended
March 31, | | 2025 | 2024 | | (Impairment) / Reversal of
impairment, net | | Exploration and Extraction | Ps. | (9,028,380) | | Ps. | (7,529,638) | | | Industrial Transformation | 3,408,052 | | 55,625 | | | Logistics | — | | (171,830) | | | (Impairment), net | Ps. | (5,620,328) | | Ps. | (7,645,843) | |
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