MEXICAN ECONOMIC DEVELOPMENT INC | CIK:0001061736 | 3

  • Filed: 4/24/2018
  • Entity registrant name: MEXICAN ECONOMIC DEVELOPMENT INC (CIK: 0001061736)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1061736/000119312518129003/0001193125-18-129003-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1061736/000119312518129003/fmx-20171231.xml
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  • ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory


      
    2017      2016      2015  

    Gain on sale of shares (see Note 4.2)

       Ps.  123      Ps.  —        Ps.          14  

    Gain on sale of Heineken Group shares

         29,989        —          —    

    Gain on sale of long-lived assets

         209        170        249  

    Sale of waste material

         3        50        41  

    Write off-contingencies (see Note 25.5)

         —          329        —    

    Recoveries from previous years

         (35      466        16  

    Insurance rebates

         6        10        17  

    Foreign exchange gain

         (4      —          —    

    Consolidation of Philippines

         2,830        —          —    

    Others

         1,620        132        86  
      

     

     

        

     

     

        

     

     

     

    Other income

       Ps.   34,741      Ps. 1,157      Ps.      423  
      

     

     

        

     

     

        

     

     

     

    Contingencies associated with prior acquisitions or disposals

       Ps. 39      Ps. 1,582      Ps.          93  

    Loss on sale of equity financial assets

         —          8        —    

    Loss on sale of other assets

         148        159        —    

    Impairment of long-lived assets (2)

         2,063        —          134  

    Disposal of long-lived assets (1)

         451        238        416  

    Suppliers provisions

         398        —          —    

    Foreign exchange losses related to operating activities

         2,524        2,370        917  

    Non-income taxes from Colombia

         636        53        30  

    Severance payments

         363        98        285  

    Donations

         242        203        362  

    Legal fees and other expenses from past acquisitions

         612        241        223  

    Venezuela deconsolidation effect

         26,123        —          —    

    Other

         359        957        281  
      

     

     

        

     

     

        

     

     

     

    Other expenses

       Ps. 33,958      Ps. 5,909      Ps. 2,741  
      

     

     

        

     

     

        

     

     

     

     

    (1) Charges related to fixed assets retirement from ordinary operations and other long-lived assets.
    (2) Includes Venezuela impairment of Ps. 2,053 (see Note 3.3).