America Movil Sab De CV 6-K, filed Jul 23, 2026

America Movil Sab De CV (AMX)

6-K 2026-07-23 For: 2026-07-22

View Original

Added on July 23, 2026

About this 6-K

America Movil Sab De CV filed this 6-K on July 23, 2026.

Search and read filings like this one from Claude or ChatGPT with the SEC filings MCP server →



	2Q26	2Q25
Earnings per Share (Mex$)⁽¹⁾	0.40	0.37
Earnings per ADR (US$)⁽²⁾	0.47	0.38
EBITDA per Share (Mex$)⁽³⁾	1.60	1.52
EBITDA per ADR (US$)	1.83	1.56
Net Income (millions of Mex$)	24,332	22,282
Average Shares Outstanding (billion)	60.1	60.6
Shares Outstanding End of Period (billion)	60.1	60.4
⁽¹⁾Net Income / Average Shares Outstanding ⁽²⁾20 shares per ADR ⁽³⁾EBITDA / Average Shares Outstanding


Country	Brand	Main Activity	Equity
Mexico	Telcel	wireless	100.0%
Mexico	Telmex	wireline	100.0%
Argentina	Claro	wireless/wireline	100.0%
Austria	A1	wireless/wireline	61.0%
Austria	EuroTeleSites	towers	57.0%
Brazil	Claro	wireless/wireline	99.6%
Chile	Claro	wireless/wireline	100.0%
Colombia	Claro	wireless/wireline	99.4%
Costa Rica	Claro	wireless/wireline	100.0%
The Dominican Republic	Claro	wireless/wireline	100.0%
Ecuador	Claro	wireless/wireline	100.0%
El Salvador	Claro	wireless/wireline	97.9%
Guatemala	Claro	wireless/wireline	99.3%
Honduras	Claro	wireless/wireline	100.0%
Nicaragua	Claro	wireless/wireline	99.6%
Paraguay	Claro	wireless/wireline	100.0%
Peru	Claro	wireless/wireline	100.0%
Puerto Rico	Claro	wireless/wireline	100.0%
Uruguay	Claro	wireless	100.0%


Total⁽¹⁾(Thousands)
Country	Jun ’26	Mar ’26	Var.%	Jun ’25	Var.%
Argentina	26,401	27,727	-4.8%	26,679	-1.0%
Austria & Eastern Europe⁽²⁾	32,122	31,036	3.5%	28,306	13.5%
Brazil	92,264	90,824	1.6%	88,412	4.4%
Central America & The Caribbean	26,426	26,066	1.4%	25,109	5.2%
Colombia	40,943	43,185	-5.2%	41,685	-1.8%
Ecuador	9,687	9,615	0.7%	9,996	-3.1%
Mexico	84,531	84,285	0.3%	84,110	0.5%
Peru	13,321	13,221	0.8%	12,832	3.8%
Southern Cone⁽³⁾	8,642	8,538	1.2%	8,794	-1.7%
Total Wireless Lines	334,338	334,496	0.0%	325,925	2.6%
⁽¹⁾Includes total subscribers of all companies in which América Móvil holds an economic interest; does not consider the date in which the companies started being consolidated. ⁽²⁾Includes A1 Digital M2M subscribers. ⁽³⁾Includes Chile, Paraguay and Uruguay. Note: We have modified our reporting methodology for Fixed Wireless Access (FWA) devices, which are now classified under mobile service rather than fixed-line service. This ensures consistency across all operations, as some regions—including Colombia and Central America—previously reported FWA under broadband. Figures for 2025 and 2026 have been adjusted to reflect these changes.


Total⁽¹⁾(Thousands)
Country	Jun ’26	Mar ’26	Var.%	Jun ’25	Var.%
Argentina	4,411	4,250	3.8%	3,858	14.3%
Austria & Eastern Europe	6,540	6,498	0.7%	6,395	2.3%
Brazil	21,808	21,857	-0.2%	22,032	-1.0%
Central America & The Caribbean	8,648	8,526	1.4%	8,092	6.9%
Colombia	9,756	9,706	0.5%	9,626	1.3%
Ecuador	843	809	4.2%	672	25.4%
Mexico	22,969	22,820	0.7%	22,327	2.9%
Peru	2,086	2,053	1.6%	1,912	9.1%
Southern Cone⁽²⁾	3,104	3,133	-0.9%	3,273	-5.2%
Total UGIs	80,166	79,653	0.6%	78,188	2.5%
⁽¹⁾Includes total accesses of all companies in which América Móvil holds an economic interest; does not consider the date in which the companies started being consolidated. Includes fixed-line, broadband and television (Cable & DTH) accesses. ⁽²⁾Includes Chile, Paraguay and Uruguay. Note: We have modified our reporting methodology for Fixed Wireless Access (FWA) devices, which are now classified under mobile service rather than fixed-line service. This ensures consistency across all operations, as some regions—including Colombia and Central America—previously reported FWA under broadband. Figures for 2025 and 2026 have been adjusted to reflect these changes.


Total⁽¹⁾(Thousands)
Country	Jun ’26	Mar ’26	Var.%	Jun ’25	Var.%
Argentina	1,841	1,781	3.4%	1,609	14.4%
Austria & Eastern Europe	2,923	2,902	0.7%	2,833	3.2%
Brazil	10,841	10,757	0.8%	10,444	3.8%
Central America & The Caribbean	2,980	2,918	2.1%	2,703	10.3%
Colombia	3,704	3,630	2.0%	3,459	7.1%
Ecuador	458	441	3.7%	382	19.7%
Mexico	12,345	12,175	1.4%	11,605	6.4%
Peru	1,189	1,143	4.0%	1,049	13.3%
Southern Cone⁽²⁾	1,554	1,556	-0.1%	1,569	-0.9%
Total Broadband Accesses	37,834	37,303	1.4%	35,653	6.1%
⁽¹⁾Includes total accesses of all companies in which América Móvil holds an economic interest; does not consider the date in which the companies started being consolidated. ⁽²⁾Includes Chile, Paraguay and Uruguay. Note: We have modified our reporting methodology for Fixed Wireless Access (FWA) devices, which are now classified under mobile service rather than fixed-line service. This ensures consistency across all operations, as some regions—including Colombia and Central America—previously reported FWA under broadband. Figures for 2025 and 2026 have been adjusted to reflect these changes.



Millions of Mexican pesos
	2Q26	2Q25	Var.%	Jan-Jun 26	Jan-Jun 25	Var.%
Service Revenue	205,919	199,068	3.4%	406,311	398,211	2.0%
Equipment Revenue	33,433	32,911	1.6%	67,539	64,678	4.4%
Other Revenue	1,719	1,806	-4.8%	4,065	2,934	38.6%
Total Revenue	241,071	233,785	3.1%	477,915	465,823	2.6%
Cost of Service	58,484	59,636	-1.9%	117,406	119,293	-1.6%
Cost of Equipment	29,919	28,442	5.2%	59,528	56,306	5.7%
Selling, General & Administrative Expenses	53,505	51,860	3.2%	105,595	103,799	1.7%
Other	3,255	1,436	126.7%	4,975	2,967	67.7%
Total Costs and Expenses	145,164	141,375	2.7%	287,503	282,365	1.8%

EBITDA	95,908	92,409	3.8%	190,412	183,458	3.8%
% of Total Revenue	39.8%	39.5%		39.8%	39.4%
Depreciation & Amortization	44,094	45,071	-2.2%	88,079	91,306	-3.5%
EBIT	51,814	47,338	9.5%	102,333	92,152	11.0%
% of Total Revenue	21.5%	20.2%		21.4%	19.8%

Net Interest Expenses	11,835	13,725	-13.8%	23,688	26,435	-10.4%
Other Financial Expenses	6,862	4,967	38.2%	12,152	4,517	169.0%
Foreign Exchange Loss	-8,275	-10,962	24.5%	-13,312	-9,783	-36.1%
Comprehensive Financing Cost (Income)	10,423	7,729	34.8%	22,528	21,169	6.4%
Income & Deferred Taxes	15,887	16,026	-0.9%	29,677	27,714	7.1%
Net Income before Minority Interest and Equity Participation in Results of Affiliates	25,504	23,583	8.1%	50,128	43,270	15.9%
Equity Participation in Results of Affiliates	315	39	n.m.	360	66	n.m.
Minority Interest	-1,487	-1,340	-11.0%	-2,755	-2,351	-17.2%
Net Income	24,332	22,282	9.2%	47,733	40,985	16.5%
Note: The reported figures for Argentina corresponding to the second quarter of 2026 are presented in accordance with IAS29 reflecting the effects of inflationary accounting as the Argentinean economy is deemed to be hyperinflationary. All comparisons at constant exchange rates for América Móvil’s consolidated figures will exclude Argentina to ensure consistency. We have modified our reporting methodology for Fixed Wireless Access (FWA) devices, which are now classified under mobile service rather than fixed-line service. This ensures consistency across all operations, as some regions—including Colombia and Central America—previously reported FWA under broadband. Figures for 2025 and 2026 have been adjusted to reflect these changes. n.m. Not meaningful.



Millions of Mexican pesos
	Jun '26	Dec '25	Var.%		Jun '26	Dec '25	Var.%
Current Assets				Current Liabilities
Cash, Marketable Securities & Other Short Term Investments⁽¹⁾	74,732	77,384	-3.4%	Short Term Debt⁽²⁾	83,408	91,973	-9.3%
Accounts Receivable	249,251	243,798	2.2%	Lease-Related Debt	36,319	35,867	1.3%
Other Current Assets	23,800	15,631	52.3%	Accounts Payable	137,574	155,251	-11.4%
Inventories	30,436	28,307	7.5%	Other Current Liabilities	272,724	212,101	28.6%
	378,218	365,120	3.6%		530,026	495,191	7.0%

Non Current Assets				Non Current Liabilities
Plant & Equipment, gross	1,541,726	1,491,910	3.3%	Long Term Debt	393,519	432,934	-9.1%
-Depreciation	861,407	804,647	7.1%	Lease-Related Debt	178,081	178,242	-0.1%
Plant & Equipment, net	680,319	687,263	-1.0%	Other Liabilities	271,099	265,576	2.1%
Rights of Use	197,101	197,544	-0.2%		842,699	876,752	-3.9%
Investments in Affiliates and Other Investments	23,751	22,406	6.0%

Deferred Assets
Goodwill (Net)	155,462	157,453	-1.3%
Intangible Assets	135,926	139,249	-2.4%	Shareholder's Equity	438,100	427,672	2.4%
Deferred Assets	240,048	230,580	4.1%

Total Assets	1,810,825	1,799,616	0.6%	Total Liabilities and Equity	1,810,825	1,799,616	0.6%
⁽¹⁾Includes Verizon stock, deemed to be available for sale. ⁽²⁾Includes current portion of Long Term Debt. Note: The reported figures for Argentina corresponding to the second quarter of 2026 are presented in accordance with IAS29 reflecting the effects of inflationary accounting as the Argentinean economy is deemed to be hyperinflationary. All comparisons at constant exchange rates for América Móvil’s consolidated figures will exclude Argentina to ensure consistency.



Millions of Mexican pesos
	Jan-Jun 26	Jan-Jun 25
EBITDA	190,412	183,458

EBITDAaL⁽¹⁾	153,601	154,386
Minus
Net Interest Payments	13,374	14,370
Income Taxes	22,794	29,496
Increase in Working Capital	26,300	35,548
Funds from Operations	91,133	74,972
Capital Expenditures	48,112	54,919
Free Cash Flow	43,021	20,054

Uses of Free Cash Flow
Shareholder Distributions	3,503	9,387
-Dividends	(1,065)	732
- Dividends Paid	17	2,299
- Dividends Income	(1,082)	(1,567)
-Share Buybacks	4,568	8,654
Equity Investments	218	677
Labor Obligations	8,402	2,717
Reduction of our Net Debt	30,898	7,274
	43,021	20,054
⁽¹⁾After leases and adjusting for non-cash items. Note: The reconcilation of this table (not an IFRS measure) to net cash flows provided by operating activities (an IFRS measure) can be seen in the Appendix.



Millions of Mexican pesos
	2Q26	2Q25	Var.%	Jan-Jun 26	Jan-Jun 25	Var.%
Total Revenue⁽¹⁾	86,870	84,180	3.2%	173,178	166,287	4.1%
Total Service Revenue	71,377	68,356	4.4%	141,042	135,362	4.2%
Wireless Revenue	63,625	60,863	4.5%	126,603	119,655	5.8%
Service Revenue	49,027	46,010	6.6%	96,314	90,764	6.1%
Equipment Revenue	14,598	14,853	-1.7%	30,289	28,891	4.8%
Fixed Line Revenue⁽²⁾	22,448	22,419	0.1%	44,900	44,754	0.3%
Other Revenue	796	898	-11.3%	1,675	1,878	-10.8%
EBITDA	35,229	35,019	0.6%	71,713	69,428	3.3%
% total revenue	40.6%	41.6%		41.4%	41.8%
EBIT	26,650	26,683	-0.1%	54,531	52,579	3.7%
% total revenue	30.7%	31.7%		31.5%	31.6%
⁽¹⁾Revenue reflects eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. ⁽²⁾Includes equipment revenue.


		2Q26		2Q25		Var.%
Wireless Subscribers (thousands)		84,531		84,110		0.5%
Postpaid		16,110		15,686		2.7%
Prepaid		68,421		68,424		0.0%
ARPU (MxP)		194		183		5.9%
Churn (%)		2.6%		3.0%		(0.5)
Revenue Generating Units (RGUs)		22,969		22,327		2.9%
Fixed Lines		10,624		10,722		-0.9%
Broadband		12,345		11,605		6.4%



Millions of BrL
	2Q26	2Q25	Var.%	Jan-Jun 26	Jan-Jun 25	Var.%
Total Revenue⁽¹⁾	13,469	12,779	5.4%	26,772	25,239	6.1%
Total Service Revenue	12,753	12,111	5.3%	25,281	23,976	5.4%
Wireless Revenue	8,141	7,672	6.1%	16,185	15,028	7.7%
Service Revenue	7,466	7,035	6.1%	14,779	13,817	7.0%
Equipment Revenue	674	637	5.8%	1,406	1,211	16.1%
Fixed Line Revenue⁽²⁾	5,292	5,087	4.0%	10,516	10,169	3.4%
EBITDA	5,920	5,631	5.1%	11,777	11,122	5.9%
% total revenue	44.0%	44.1%		44.0%	44.1%
EBIT	2,718	2,470	10.0%	5,373	4,796	12.0%
% total revenue	20.2%	19.3%		20.1%	19.0%
⁽¹⁾Revenue reflects eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. Total revenue includes other revenue. ⁽²⁾Includes equipment revenue.


		2Q26		2Q25		Var.%
Wireless Subscribers (thousands)		92,264		88,412		4.4%
Postpaid		61,191		56,279		8.7%
Prepaid		31,073		32,133		-3.3%
ARPU (BrL)		27		27		1.9%
Churn (%)		2.0%		2.6%		(0.6)
Revenue Generating Units (RGUs)		21,808		22,032		-1.0%
Fixed Lines		6,444		7,036		8.4%
Broadband		10,841		10,444		3.8%
PayTV		4,524		4,553		-0.6%



Billions of COP
	2Q26	2Q25	Var.%	Jan-Jun 26	Jan-Jun 25	Var.%
Total Revenue⁽¹⁾	4,367	4,128	5.8%	8,621	8,143	5.9%
Total Service Revenue	3,366	3,132	7.5%	6,644	6,183	7.5%
Wireless Revenue	3,014	2,800	7.7%	5,945	5,521	7.7%
Service Revenue	2,080	1,883	10.5%	4,106	3,720	10.4%
Equipment Revenue	934	917	1.9%	1,839	1,800	2.2%
Fixed Line Revenue⁽²⁾	1,312	1,287	1.9%	2,592	2,548	1.7%
EBITDA	1,831	1,628	12.5%	3,602	3,215	12.0%
% total revenue	41.9%	39.4%		41.8%	39.5%
EBIT	881	725	21.5%	1,719	1,409	22.0%
% total revenue	20.2%	17.6%		19.9%	17.3%
⁽¹⁾Revenue reflects eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. Total revenue includes other revenue.
⁽²⁾Includes equipment revenue.



Millions of Soles
	2Q26	2Q25	Var.%	Jan-Jun 26	Jan-Jun 25	Var.%
Total Revenue⁽¹⁾	1,854	1,716	8.1%	3,628	3,371	7.6%
Total Service Revenue	1,431	1,344	6.5%	2,820	2,669	5.7%
Wireless Revenue	1,466	1,381	6.2%	2,892	2,711	6.7%
Service Revenue	1,060	1,024	3.4%	2,111	2,034	3.8%
Equipment Revenue	407	357	14.0%	782	677	15.5%
Fixed Line Revenue⁽²⁾	372	320	16.2%	709	635	11.7%
EBITDA	729	679	7.5%	1,439	1,336	7.7%
% total revenue	39.3%	39.6%		39.7%	39.6%
EBIT	398	358	11.2%	779	690	13.0%
% total revenue	21.5%	20.9%		21.5%	20.5%
⁽¹⁾Revenue reflects eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. Total revenue includes other revenue.
⁽²⁾Includes equipment revenue.



Millions of USD
	2Q26	2Q25	Var.%	Jan-Jun 26	Jan-Jun 25	Var.%
Total Revenue⁽¹⁾	280	257	9.0%	540	512	5.6%
Total Service Revenue	234	228	2.7%	462	451	2.4%
Wireless Revenue	236	228	3.4%	465	454	2.4%
Service Revenue	203	200	1.4%	401	397	1.0%
Equipment Revenue	33	28	17.6%	64	57	11.9%
Fixed Line Revenue⁽²⁾	32	29	12.7%	63	56	12.8%
EBITDA	140	127	10.1%	271	251	7.9%
% total revenue	49.9%	49.4%		50.1%	49.1%
EBIT	88	71	24.6%	167	139	20.6%
% total revenue	31.4%	27.5%		31.0%	27.1%
⁽¹⁾Revenue reflects eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. Total revenue includes other revenue. ⁽²⁾Includes equipment revenue.


	2Q26		2Q25		Var.%
Wireless Subscribers (thousands)	9,687		9,996		-3.1%
Postpaid	2,378		2,310		2.9%
Prepaid	7,309		7,686		-4.9%
ARPU (USD)	7		7		5.3%
Churn (%)	5.5%		5.4%		0.1
Revenue Generating Units (RGUs)⁽¹⁾	843		672		25.4%
⁽¹⁾Fixed-Line, Broadband and Television.



Millions of Constant ARS as of June 2026
	2Q26	2Q25	Var.%	Jan-Jun 26	Jan-Jun 25	Var.%
Total Revenue⁽¹⁾	999,073	919,802	8.6%	1,975,715	1,836,198	7.6%
Total Service Revenue	905,568	828,284	9.3%	1,781,423	1,644,480	8.3%
Wireless Revenue	836,257	754,353	10.9%	1,651,751	1,508,280	9.5%
Service Revenue	744,520	664,743	12.0%	1,460,043	1,319,280	10.7%
Equipment Revenue	91,737	89,610	2.4%	191,708	189,000	1.4%
Fixed Line Revenue⁽²⁾	161,048	163,540	-1.5%	321,379	325,200	-1.2%
EBITDA	427,030	349,489	22.2%	818,202	689,563	18.7%
% total revenue	42.7%	38.0%		41.4%	37.6%
EBIT	380,809	310,514	22.6%	726,664	614,060	18.3%
% total revenue	38.1%	33.8%		36.8%	33.4%
⁽¹⁾Revenue reflects eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. Total revenue includes other revenue. ⁽²⁾Includes equipment revenue.



Millions of Chilean Pesos
	2Q26	2Q25	Var.%	Jan-Jun 26	Jan-Jun 25	Var.%
Total Revenue⁽²⁾	353,985	323,037	9.6%	748,171	638,384	17.2%
Total Service Revenue	294,654	279,129	5.6%	589,117	556,361	5.9%
EBITDA	93,019	62,453	48.9%	210,711	123,131	71.1%
% total revenue	26.3%	19.3%		28.2%	19.3%
EBIT	-31,005	-83,761	63.0%	-44,292	-171,312	74.1%
% total revenue	-8.8%	-25.9%		-5.9%	-26.8%
⁽¹⁾Southern Cone includes Chile, Paraguay and Uruguay ⁽²⁾Revenue reflects eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. Total revenue includes other revenue.


		2Q26		2Q25		Var.%
Wireless Subscribers (thousands)		8,642		8,794		-1.7%
Postpaid		5,314		4,921		8.0%
Prepaid		3,329		3,873		-14.1%
ARPU (CLP)		5,448		4,563		19.4%
Churn (%)		5.5%		5.5%		0.0
Revenue Generating Units (RGUs)⁽¹⁾		3,104		3,273		-5.2%
⁽¹⁾Fixed-Line, Broadband and Television.



Millions of Dollars
	2Q26	2Q25	Var.%	Jan-Jun 26	Jan-Jun 25	Var.%
Total Revenue⁽¹⁾	1,292	1,200	7.6%	2,542	2,376	7.0%
Total Service Revenue	1,148	1,064	7.9%	2,258	2,107	7.2%
Wireless Revenue	890	823	8.2%	1,755	1,625	8.0%
Service Revenue	754	690	9.3%	1,483	1,362	8.8%
Equipment Revenue	136	133	2.4%	273	263	3.7%
Fixed Line Revenue⁽²⁾	399	376	6.1%	784	749	4.6%
EBITDA	581	517	12.5%	1,129	1,018	10.9%
% total revenue	45.0%	43.1%		44.4%	42.8%
EBIT	306	260	17.8%	582	511	13.9%
% total revenue	23.7%	21.7%		22.9%	21.5%
⁽¹⁾Revenue reflects eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. Total revenue includes other revenue. ⁽²⁾Includes equipment revenue.


		2Q26		2Q25		Var.%
Wireless Subscribers (thousands)		26,426		25,109		5.2%
Postpaid		6,042		5,539		9.1%
Prepaid		20,385		19,571		4.2%
ARPU (USD)		10		9		6.3%
Churn (%)		4.3%		5.2%		(0.9)
Revenue Generating Units (RGUs)⁽¹⁾		8,648		8,092		6.9%
⁽¹⁾Fixed-Line, Broadband and Television.



Millions of Euros
	2Q26	2Q25	Var.%	Jan-Jun 26	Jan-Jun 25	Var.%
Total Revenue⁽¹⁾	1,429	1,370	4.2%	2,795	2,685	4.1%
Total Service Revenue	1,185	1,145	3.5%	2,328	2,253	3.3%
Wireless Revenue	839	810	3.6%	1,645	1,587	3.7%
Service Revenue	657	642	2.3%	1,290	1,257	2.6%
Equipment Revenue	182	168	8.6%	355	330	7.6%
Fixed Line Revenue⁽²⁾	566	536	5.7%	1,106	1,055	4.9%
EBITDA	543	521	4.0%	1,044	999	4.4%
% total revenue	38.0%	38.0%		37.3%	37.2%
EBIT	238	217	9.5%	436	401	8.9%
% total revenue	16.6%	15.8%		15.6%	14.9%
For further detail please visit www.a1.group/en/investor-relations ⁽¹⁾Revenue reflects eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. Total revenue includes other revenue. ⁽²⁾Includes equipment revenue.



		2Q26		2Q25		Var.%
Wireless Subscribers (thousands)	32,122		28,306		13.5%
Postpaid	28,628		24,701		15.9%
Prepaid	3,494		3,605		-3.1%
A1 Digital Subscribers (thousands)	11,281		7,923		42.4%
ARPU (EUR)	7		8		-9.2%
Churn (%)	0.9%		1.0%		-0.1
Revenue Generating Units (RGUs)⁽¹⁾	6,540		6,395		2.3%



Millions of Mexican pesos
	Jun - 26	Dec - 25
Peso - denominated debt (MXP)	128,181	136,982
Bonds⁽²⁾	128,181	132,982
Banks and others	0	4,000
U.S. Dollar - denominated debt (USD)	9,001	9,389
Bonds	9,001	9,114
Banks and others	0	275
Euro - denominated debt (EUR)	3,432	3,885
Bonds	3,432	3,432
Commercial Paper	0	453
Banks and others	0	0
Sterling - denominated debt (GBP)	2,200	2,200
Bonds	2,200	2,200
Reais - denominated debt (BRL)	10,000	8,500
Bonds	10,000	8,500
Banks and others	0	0
Debt denominated in other currencies (MxP)⁽³⁾	38,290	56,342
Bonds	5,264	5,424
Banks and others	33,027	50,917
Total Debt (MxP)	476,927	524,907
Cash, Marketable Securities and Short Term Financial Investments (MxP)⁽⁴⁾	75,943	77,384
Net Debt (MxP)	400,984	447,522

⁽¹⁾ This table does not include the effect of forwards and derivatives used to hedge our foreign exchange exposure. It includes financial debt of Telekom Austria. ⁽²⁾ Includes the effect of inflation-linked debt. ⁽³⁾ Includes Chilean peso, Colombian peso, Dominican peso, Japanese yen and Peruvian soles. ⁽⁴⁾ Includes investments in securities available for sale.