Note: Includes upstream maintenance expenditures. PEMEX´s investment records are in pesos. Figures have been converted at the following average historical exchange rates: MXN 13.1649/USD for 2012, MXN 12.7677/USD for 2013, MXN 13.2973/USD for 2014, MXN 15.8485/USD for 2015, MXN 15.90/USD for 2016, MXN 18.20/USD for 2017, MXN 18.40/USD for 2018, MXN 20.00/USD for 2019, MXN 19.90/USD for 2020 and MXN 22.09/USD for 2021.