What was the total accumulated depreciation for Bimbo Foods Bakeries Distribution as of December 31, 2023?
Bimbo_Foods_Bakeries_Distribution Franchise · 2025 FDDAnswer from 2025 FDD Document
| Balance as of Additions and | combinations | Balance as of | |
|---|---|---|---|
| January 1, depreciationfor | and PPA Translation | Inflation December 31, | |
| 2023 the year(3) | adjustments(1) Transfers effect Disposals | Impairment restatement 2023 | |
| Depreciation and impairment: | |||
| Buildings | (17,841) (1,316) | - 35 2,743 | 320 (14) (891) (16,964) |
| Manufacturing equipment | (55,190) (7,712) | - 48 6,393 2,233 | (156) (1,157) (55,541) |
| Vehicles | (7,288) (1,073) | - - 203 | 622 - (21) (7,557) |
| Office equipment and displays | (1,813) (1,276) | - 1 119 | 75 - (15) (2,909) |
| Computer equipment | (5,742) (815) | - - 617 | 436 (2) (48) (5,554) |
| Total accumulated depreciation | (87,874) (12,192) | - 84 10,075 3,686 | (172) (2,132) (88,525) |
Source: Item 23 — RECEIPTS (FDD pages 84–312)
What This Means (2025 FDD)
According to Bimbo Foods Bakeries Distribution's 2025 Franchise Disclosure Document, the total accumulated depreciation as of December 31, 2023, was approximately $(88,525) million Mexican pesos. This figure represents the cumulative depreciation recognized on various assets, including buildings, manufacturing equipment, vehicles, office equipment, and computer equipment.
For a prospective Bimbo Foods Bakeries Distribution franchisee, understanding accumulated depreciation is crucial for assessing the financial health and asset management practices of the company. It provides insight into how the company values its assets over time and how these assets contribute to revenue generation. The depreciation expense is a non-cash expense that reflects the reduction in the value of assets due to wear and tear, obsolescence, or other factors.
It is important to note that the accumulated depreciation is presented in millions of Mexican pesos, as the financial statements are consolidated for Grupo Bimbo, S.A.B. de C.V., the parent company. Franchisees should consider this when comparing these figures to other financial metrics or benchmarks. Additionally, the table includes other adjustments such as additions, disposals, and translation effects, which can impact the final accumulated depreciation balance. Reviewing these components can provide a more detailed understanding of the changes in asset values during the year.