( )
( )
( ) ( )
[2000]
(2001)529 24,800
[2004]104 2004 7
( )
[2009]280
[2009]615
( )
(
[2014]940 ) ( )
( ) 15,724.52
-8-
( )
( )
( )
( [2014]939 )
( ) 23,363.90
( )
) 39,166.16 51.10%
( )
( )
-9-
( )
( )
( (10)) ( (11))
( (13) (15) (24))
( (21))
(27)
(1)
(
)
(2)
(3)
(4)
- 10 -
( )
( )
( )
(4) ( )
(5)
(6)
(a)
(
)
( ) ( )
- 11 -
( )
( )
( )
(7)
(8)
- 12 -
( )
( )
( )
(9)
(a)
(b)
(10)
(a)
(i)
(1) (2)
(3)
- 13 -
( )
( )
( )
(10) ( )
(a) ( )
(i) ( )
( )
( )
- 14 -
( )
( )
( )
(10) ( )
(a) ( )
(ii)
- 15 -
( )
( )
( )
(10) ( )
(a) ( )
(ii) ( )
(iii)
(1)
(2)
(3)
- 16 -
( )
( )
( )
(10) ( )
(b)
( )
( )
(c)
(11)
(a)
(b)
- 17 -
( )
( )
( )
(11) ( )
(c)
(d)
(12)
(a)
(b)
- 18 -
( )
( )
( )
(12) ( )
(c)
(d)
( (17))
(13)
(a)
(b)
- 19 -
( )
( )
( )
(13) ( )
(b) ( )
(c) (
(17))
(d)
(14)
( (17))
- 20 -
( )
( )
( )
(15)
(a)
(b)
(c)
(d)
- 21 -
( )
( )
( )
(15) ( )
(d) ( )
(e)
(
(17))
(16)
(17)
- 22 -
( )
( )
( )
(18)
(a)
(b)
(c)
- 23 -
( )
( )
( )
(19)
(20)
(21)
(a)
- 24 -
( )
( )
( )
(21) ( )
(a) ( )
( (20))
(b)
(c)
- 25 -
( )
( )
( )
(22)
(23)
( )
( )
- 26 -
( )
( )
( )
(23) ( )
(24)
( )
- 27 -
( )
( )
( )
(24) ( )
( )
(1)
(2)
(a)
(25)
(2022)136 <
>
- 28 -
( )
( )
( )
(26)
(1)
(2)
(3)
(27)
(a)
(i)
- 29 -
( )
( )
( )
(27) ( )
(a) ( )
(ii)
)
(b)
(i)
- 30 -
( )
( )
( )
(27) ( )
(b) ( )
(i) ( )
(2024 80% 10% 10%)
GDP 4.93 4.70 5.00
GDP 2.00 0.37 3.62
GDP 4.92 4.17 5.23
GDP 1.90 0.24 3.56
(ii)
( (11))
- 31 -
( )
( )
( )
(27) ( )
(b) ( )
(iii)
(iv)
(v)
(2)
- 32 -
( )
( )
( )
(27) ( )
(b) ( )
(v) ( )
(vi)
(17)
(28)
)
- 33 -
( )
( )
(1)
(a) 15% 25%
(
) 6% 9% 13%
(a)
( ) ( ) 15%
(
) 25%
(
) 25%
(
) 25%
( ) 33%
( [2023]37 ) 2024 1 1 2027
(2)
(a) 2023 11 30
( GR202334005071) 3
- 34 -
( )
( )
(1)
(a) 9,073,676.87 7,738,522.36
(a) 2025 12 31
(2)
(
(1)(a)) 10,936,971.86 -
- 35 -
( )
( )
( )
(3)
- -
(a)
( (5))
(b)
(i) 1,593,714.94 100% - - 1,593,714.94 150,000.00 100% - - 150,000.00
(i)
- 36 -
( )
( )
( )
(4)
(267,113,958.53) (279,782,339.85)
(a)
(b) 2025 12 31
- 37 -
( )
- 38 -
( )
( )
( )
(4) ( )
(c) ( )
(i)
- 39 -
( )
( )
( )
(4) ( )
(c) ( )
(ii)
(iii) 7,369,913.28 (2024 5,011,495.24
) 20,038,294.60 (2024
/ 16,477,613.62 /
(iv)
- 40 -
( )
( )
( )
(5)
(2024 )
(6)
(a)
- 41 -
( )
( )
( )
(6) ( )
(a) ( )
(b) 2025 12 31
(7)
(64,875,758.05) (63,370,611.01)
(a)
- 42 -
( )
- 43 -
( )
- 44 -
( )
( )
( )
(7) ( )
(b) ( )
(ii) 2025 12 31
i) 61,607,480.00
ii) 3,124,346.01
- 45 -
( )
( )
( )
(7) ( )
(b) ( )
(iii) 2025 12 31 2024 12 31
(c) 1,550,994.30
(d) 2025 12 31
(e) 2025 12 31 2024 12 31
- 46 -
( )
( )
( )
(8)
(a)
(b)
(c)
(9)
- 47 -
( )
- 48 -
( )
( )
( )
(10) ( )
(a)
(b) 2025 12 31
(11)
Flush 603,008.84 - 603,008.84 980,785.16 - 980,785.16
- - - 7,315,038.04 - 7,315,038.04
- 49 -
( )
- 50 -
( )
( )
( )
(12)
(10,662,962.73)
(1,759,094.06)
- 51 -
( )
( )
( )
(13)
- 131,858.40 131,858.40
(6,552,072.72) (5,204,939.11) (11,757,011.83)
(14)
- 52 -
( )
( )
( )
(15)
(a)
(b)
- 53 -
( )
( )
( )
(15) ( )
(c)
(d)
(e)
(49,685,451.79) 233,805,876.90 (47,925,378.97) 216,807,082.46
(16)
- 54 -
( )
( )
( )
(17)
(18)
- 55 -
( )
( )
( )
(19)
(a) 2025 12 31 40,855,768.33
(2024 12 31 40,362,932.35 )
(20)
(21)
(a) 83,792,893.13 82,128,714.94
(b) 13,120,348.16 13,190,631.11
(c) 4,171,082.32 12,033,000.81
- 56 -
( )
( )
( )
(21) ( )
(a)
(b)
(c)
(i) 4,171,082.32 12,033,000.81
(i) 2025 8,901,313.30
(2024 21,885,695.39 )
- 57 -
( )
( )
( )
(22)
(23)
(a) 2025 12 31 60,569,098.62
(2024 12 31 58,713,697.85 )
- 58 -
( )
( )
( )
(24)
( (27)) 16,114,692.02 9,355,292.98
( (26)) 1,004,456.74 5,173,435.07
(25)
(26)
( (24)) (1,004,456.74) (5,173,435.07)
(a) 2025 12 31 2024 12 31
- 59 -
( )
( )
( )
(27)
( (24)) (16,114,692.02) (9,355,292.98)
(28)
- 60 -
( )
( )
( )
(29)
(30)
(538,484,797.19) - - (538,484,797.19)
(538,484,797.19) - - (538,484,797.19)
(31)
< >
( (2022)136 )
- 61 -
( )
(1,014,397.23) 129,998.38 (884,398.85) 129,998.38 - - 129,998.38 -
(883,106.53) (131,290.70) (1,014,397.23) (131,290.70) - - (131,290.70) -
- 62 -
( )
( )
( )
(33)
(34)
(a) (222,267,310.00) (60,012,174.07)
(a) 2025 6 13
(b) 2026 4 8
- 63 -
( )
( )
( )
(35)
(a)
(b)
(i) 1,714,674.99 82,193.02 2,217,659.94 173,240.26
(i)
- 64 -
( )
( )
( )
(36)
(37)
( (4)(c)) 4,936,143.95 3,582,168.65
- 65 -
( )
( )
( )
(38)
(39)
(40)
(41,698,347.16) (34,786,602.55)
(3,825,499.04) (77,649,731.47)
- 66 -
( )
( )
( )
(41)
(42)
( (8)) 46,558,262.14 47,605,545.70
(43)
( (4)) (12,668,381.32) (4,456,275.31)
/( )
( (7)) 1,505,147.04 (19,717.51)
(11,163,234.28) (4,475,992.82)
- 67 -
( )
( )
( )
(44)
(45) /( )
- 1,053,275.13
- 68 -
( )
( )
( )
(46)
(47)
(48)
- 99,179.72 -
- 69 -
( )
( )
( )
(49)
(16,998,794.44) 3,494,485.47
(40,790,911.58) (9,527,750.12)
(74,004,283.13) (9,723,086.83)
(14,075,325.49) (22,243,060.58)
(536,831.40) (552,311.84)
- 70 -
( )
( )
( )
(50)
(a)
( ) 519,718,889.23 201,791,403.35
( ) 766,439,000.00 766,439,000.00
( / ) 0.68 0.26
- -
(b)
(2024 )
(51)
(a)
- 71 -
( )
( )
( )
(51) ( )
(b)
(c)
- 600,000,000.00
(d)
- 400,000,000.00
(e)
- 9,423,342.00
- 72 -
( )
( )
( )
(51) ( )
(f)
(52)
(a)
(11,163,234.28) (4,475,992.82)
(2,569,048.68) (718,210.15)
/( ) (10,936,971.86) 5,273,178.87
( )/ (16,998,794.44) 3,494,485.47
(16,436,022.24) (20,889,611.76)
/( ) 77,807,318.89 (39,899,255.70)
(397,051,880.22) (240,565,843.61)
/( ) 452,769,047.23 (137,249,054.22)
(1,285,441.94) (319,278.46)
/( ) 788,618,015.43 (56,574,007.81)
- 73 -
( )
( )
( )
(52) ( )
(a) ( )
(1,309,626,207.87) (1,281,021,630.96)
(b)
(
)( (26))
(348,496.25)
(7,931,923.32)
- 74 -
( )
( )
( )
(52) ( )
(c)
(i) (1) 2025 12 31 8,200,165.59
(2024 12 31 6,914,723.65 )
- 75 -
( )
( )
( )
(53)
(
(1)(a) )
- 76 -
( )
- 77 -
( )
( )
(a)
/ 4,385,368,769.26 3,463,639,402.00
Whirlpool Corporation 54.30% 2,441,907,682.00
Whirlpool Corporation 47.93% 1,749,229,296.56
Beko Europe Management
S.R.L. 11.73% 427,899,682.42
- 78 -
( )
( )
(1)
(a)
(b)
(c)
(2)
(1)
- 79 -
( )
( )
( )
(3)
( ) 5%
Whirlpool Corporation 5%
Bauknecht Hausgerate GmbH Whirlpool Corporation
Consumer Appliances Service Ltd. Whirlpool Corporation
KitchenAid Korea Limited Whirlpool Corporation
Whirlpool Australia Pty Limited Whirlpool Corporation
Whirlpool (Hong Kong) Limited Whirlpool Corporation
Whirlpool Argentina S.R.L. Whirlpool Corporation
Whirlpool Bangladesh Limited Whirlpool Corporation
Whirlpool Canada LP Whirlpool Corporation
Whirlpool Chile Limitada Whirlpool Corporation
Whirlpool Colombia S.A.S. Whirlpool Corporation
Whirlpool Costa Rica Sociedad De Responsabilidad Whirlpool Corporation
Limitada
Whirlpool Ecuador S.A. Whirlpool Corporation
Whirlpool Guatemala S.A. Whirlpool Corporation
Whirlpool Mexico, S. de R.L. de C.V. Whirlpool Corporation
Whirlpool of India Ltd. Whirlpool Corporation
Whirlpool Peru S.R.L. Whirlpool Corporation
Whirlpool Properties,Inc. Whirlpool Corporation
Whirlpool S.A. Whirlpool Corporation
Whirlpool Southeast Asia Pte Whirlpool Corporation
Whirlpool (Taiwan) Co., Ltd Whirlpool Corporation
Whirpool Uruguay S.R.L. Whirlpool Corporation
Industrias Acros Whirlpool, S. de R.L. de C.V Whirlpool Corporation
( ) Whirlpool Corporation
( ) Whirlpool Corporation
Galanz Americas Limited Company
Galanz Japan Inc( Galanz Japan Co.,Ltd.)
( )
( )
Beko Europe Management S.R.L. (i) Whirlpool Corporation
Beko Italy Manufacturing S.R.L. (i) Whirlpool Corporation
Beko Manufacturing Slovakia Spol. S R.O.(i) Whirlpool Corporation
Beko Poland Manufacturing Sp.z o.o. (i) Whirlpool Corporation
European Appliances Slovakia Spol. S R.O. (i) Whirlpool Corporation
- 80 -
( )
- 81 -
( )
( )
( )
(4) ( )
(a) ( )
Whirlpool Corporation 2,441,907,682.00 1,749,229,296.56
Whirlpool S.A. 99,487,722.59 62,671,165.74
Beko Europe Management
S.R.L. 81,291,752.35 427,899,682.42
Whirlpool Mexico, S. de R.L. de
C.V. 68,769,306.26 6,761,756.73
Whirlpool (Taiwan) Co., Ltd 61,492,512.67 57,575,126.40
Whirlpool Australia Pty Limited 60,965,129.98 52,781,107.63
Whirlpool (Hong Kong) Limited 48,145,869.94 53,538,817.52
Whirlpool Southeast Asia Pte 41,871,398.39 55,910,082.66
Whirlpool Colombia S.A.S. 22,099,594.61 10,642,015.94
Whirlpool Argentina S.R.L. 15,925,116.78 9,310,839.73
Beko Italy Manufacturing S.R.L. 14,204,656.97 59,476,093.60
Whirlpool of India Ltd. 13,171,556.31 19,931,568.22
Whirlpool Uruguay S.R.L. 12,957,995.69 19,736,833.50
Beko Manufacturing Slovakia
Spol. S R.O. 7,618,629.09 34,763,753.50
Beko Poland Manufacturing
Sp.z o.o. 6,768,187.62 49,938,076.88
Whirlpool Bangladesh Limited 3,999,860.27 5,347,015.56
( ) 1,281,191.78 1,635,811.82
Whirlpool Costa Rica Sociedad
De Responsabilidad Limitada 1,245,270.72 1,664,917.15
Galanz Japan Inc 443,917.22 4,324,162.54
Whirlpool Ecuador S.A. 332,227.93 782,337.99
Whirlpool Guatemala, S.A. 277,067.41 458,295.07
KitchenAid Korea Limited 214,446.17 396,095.45
( ) 61,845.98 58,888.82
Consumer Appliances Service
Ltd. 112.86 581.12
Whirlpool Chile Limitada - 783,388.07
Whirlpool Peru S.R.L. - 96,234.93
( ) - 8,743.36
European Appliances Slovakia
Spol. S R.O. - 3,429.17
Whirlpool Canada LP - 2,961.86
- 82 -
( )
( )
( )
(4) ( )
(b)
( ) 1,245,006.00 1,245,006.00
( ) 352,293.58 352,293.58
- 24,677.17
- 69.45
- 24,746.62
(c)
Properties,Inc. Whirlpool Properties,Inc.
Whirlpool
( )
( )
(1%) 2025
Whirlpool Properties,Inc. 4,936,143.95 3,582,168.65
- 83 -
( )
( )
( )
(4) ( )
(d)
Whirlpool Corporation
( )
( )
(1.5%)
(2024 708,008.51 )
Whirlpool Corporation 307,339.98 708,008.51
(e)
Industrias Acros Whirlpool,
S. de R.L. de C.V 2,683,250.37 -
( )
( )
- 84 -
( )
( )
( )
(4) ( )
(f)
(5)
Whirlpool Corporation 1,471,486,430.61 (4,648,777.30) 1,059,659,937.66 (2,173,019.71)
Whirlpool Mexico, S. de
R.L. de C.V. 64,425,232.46 (116,867.42) 5,238,561.25 (6,595.33)
Whirlpool S.A. 60,427,838.06 (48,658.70) 55,031,015.61 (60,408.38)
Whirlpool (Taiwan) Co.,
Ltd 26,014,810.63 (22,254.14) 22,406,477.82 (20,433.20)
Whirlpool (Hong Kong)
Limited 25,235,931.24 (20,041.77) 27,817,359.50 (29,009.46)
Whirlpool Australia Pty
Limited 21,134,378.65 (259,344.01) 21,886,882.41 (22,477.02)
Whirlpool Southeast Asia
Pte 14,726,387.65 (12,006.29) 31,567,180.57 (29,038.81)
Whirlpool Colombia
S.A.S. 9,093,929.51 (7,969.72) 7,244,146.76 (8,144.80)
Whirlpool of India Ltd. 5,661,509.42 (4,786.79) 7,379,544.15 (8,289.51)
Whirlpool Argentina
S.R.L. 3,926,117.44 (3,250.55) 6,950,178.51 (6,583.17)
Whirlpool Bangladesh
Limited 513,095.37 (358.25) - -
( )
Whirlpool Ecuador S.A. 218,431.49 (222.25) 337,343.56 (393.92)
Whirpool Uruguay S.R.L. 177,063.06 (123.63) 12,895,789.04 (13,793.68)
Whirlpool Costa Rica
Sociedad De
Responsabilidad
Limitada 174,716.85 (177.77) 1,086,865.09 (1,318.38)
KitchenAid Korea Limited 103,962.70 (72.59) - -
Bauknecht Hausgerate
GmbH 1,720.65 (1,672.06) 1,759.72 (317.76)
Consumer Appliances
Service Ltd. 112.11 (0.08) - -
Beko Europe
Management S.R.L. - - 227,967,847.90 (300,434.65)
Beko Italy Manufacturing
S.R.L. - - 31,745,842.05 (5,126,775.13)
Beko Poland
Manufacturing Sp.z
o.o - - 24,799,847.77 (32,520.42)
Beko Manufacturing
Slovakia Spol. S R.O. - - 17,633,148.00 (19,582.18)
Galanz Japan Inc - - 556,605.58 (442.48)
Whirlpool Guatemala,
S.A. - - 367,515.00 (1,324.38)
Whirlpool Canada LP - - 16,680.39 (5,338.08)
- 85 -
( )
( )
( )
(5) ( )
Industrias Acros Whirlpool, S.
de R.L. de C.V 2,683,250.37 (80,135.49) - -
( ) 453,885.96 (3,001.79) 221,275.85 (1,463.41)
( ) 12,647.70 (373.65) - -
Whirlpool of India Ltd. 7,312.76 7,478.81
Beko Italy Manufacturing
S.R.L. - 2,486,359.48
Beko Poland Manufacturing
Sp.z o.o - 1,035,027.16
- 171,775.54
Whirlpool Properties,Inc. 4,344,453.32 2,659,552.03
( ) 564,016.81 -
( ) 342,450.00 342,450.00
Whirlpool Corporation 101,658.73 2,740,113.46
( ) 62,997.00 62,997.00
( ) 35,600.00 -
- 70,604.00
Whirlpool Guatemala, S.A. 449,817.86 -
Whirlpool Bangladesh Limited - 12,078.98
- 86 -
( )
( )
( )
(5) ( )
(6)
( ) 921,300.00 2,291,100.00
( ) 160,000.00 544,000.00
(a) 74,619,300.00 -
(a) 2025 12 29
( ) 7,461.93
(1)
(2)
- 87 -
( )
( )
(1)
(1)
(a) 2026 2 24
Whirlpool Corporation
(2)
(a) 513,514,130.00
(a) 2026 4 8
( (34))
- 160,000.00
- 88 -
( )
( )
(
)
(1)
(a)
(
)
- 89 -
( )
( )
( )
(1) ( )
(a) ( )
(b)
- 90 -
( )
( )
( )
(2)
(2024 12 31 )
- 91 -
( )
( )
( )
(3)
- 92 -
( )
( )
(1)
- 10,936,971.86 - 10,936,971.86
- - 12,640,504.53 12,640,504.53
- 10,936,971.86 12,640,504.53 23,577,476.39
- - 3,399,576.70 3,399,576.70
- 93 -
( )
- 94 -
( )
( )
( )
(1) ( )
( )
(a)
(2)
- 95 -
( )
( )
- 96 -
( )
( )
(1)
(265,119,908.25) (281,420,217.61)
(a)
(b) 2025 12 31
- 97 -
( )
- 98 -
( )
( )
( )
(1) ( )
(c) ( )
(i) 2025 12 31
- 99 -
( )
( )
( )
(1) ( )
(c) ( )
(ii)
(iii) 6,581,256.26 (2024 4,596,685.97
) 22,881,565.62 (2024
/ 16,477,613.62 /
(iv)
- 100 -
( )
( )
( )
(2)
(64,776,137.90) (63,350,046.66)
(a)
- 101 -
( )
- 102 -
( )
( )
( )
(2) ( )
(b) ( )
(ii) 2025 12 31
i) 61,607,480.00
ii) 3,124,346.01
- 103 -
( )
( )
( )
(2) ( )
(b) ( )
(iii) 2025 12 31 2024 12 31
(c) 1,466,897.10
(d) 2025 12 31
- 104 -
( )
- 105 -
( )
( )
( )
(4)
(a)
(b)
(i) 469,668.99 - 972,653.94 -
(i)
- 106 -
( )
( )
( )
(5)
- 107 -
( )
( )
- (5,273,178.87)
(711,949.16) (1,789,780.19)
(8,774,931.52) (4,323,221.56)
(2023 )
(%)
-1-