| a) | By Business Unit: |
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2017 |
Coca-Cola FEMSA |
FEMSA Comercio-Retail Division |
FEMSA Comercio- Health Division |
FEMSA Comercio- Fuel Division |
Heineken Investment |
Other (1) | Consolidation Adjustments |
Consolidated | ||||||||||||||||||||||||
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Total revenues |
Ps. | 203,780 | Ps. | 154,204 | Ps. | 47,421 | Ps. | 38,388 | Ps. | — | Ps. | 35,357 | Ps. | (18,694) | Ps. | 460,456 | ||||||||||||||||
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Intercompany revenue |
4,678 | 198 | — | — | — | 13,818 | (18,694) | — | ||||||||||||||||||||||||
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Gross profit |
91,685 | 58,245 | 14,213 | 2,767 | — | 7,186 | (3,828) | 170,268 | ||||||||||||||||||||||||
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Administrative expenses |
— | — | — | — | — | — | — | 16,512 | ||||||||||||||||||||||||
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Selling expenses |
— | — | — | — | — | — | — | 111,456 | ||||||||||||||||||||||||
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Other income |
— | — | — | — | — | — | — | 34,741 | ||||||||||||||||||||||||
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Other expenses |
— | — | — | — | — | — | — | 33,959 | ||||||||||||||||||||||||
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Interest expense |
8,810 | 1,317 | 685 | 156 | — | 2,359 | (2,203) | 11,124 | ||||||||||||||||||||||||
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Interest income |
887 | 298 | 23 | 47 | 23 | 2,491 | (2,203) | 1,566 | ||||||||||||||||||||||||
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Other net finance expenses (3) |
— | — | — | — | — | — | — | 6,342 | ||||||||||||||||||||||||
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Income before income taxes and share of the profit of associates and joint ventures accounted for using the equity method |
(7,162 | ) | 11,518 | 956 | 146 | 30,000 | 4,472 | (64 | ) | 39,866 | ||||||||||||||||||||||
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Income taxes |
4,554 | 734 | 434 | 23 | (5,132 | ) | 9,970 | — | 10,583 | |||||||||||||||||||||||
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Share of the profit of associates and joint ventures accounted for using the equity method, net of taxes |
60 | 5 | — | — | 7,847 | 11 | — | 7,923 | ||||||||||||||||||||||||
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Consolidated net income |
— | — | — | — | — | — | — | 37,206 | ||||||||||||||||||||||||
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Depreciation and amortization (2) |
11,657 | 4,403 | 942 | 118 | — | 545 | — | 17,665 | ||||||||||||||||||||||||
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Non-cash items other than depreciation and amortization |
1,714 | 296 | 31 | 18 | — | 255 | — | 2,314 | ||||||||||||||||||||||||
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Investments in associates and joint ventures |
11,500 | 642 | — | — | 83,720 | 235 | — | 96,097 | ||||||||||||||||||||||||
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Total assets |
285,677 | 68,820 | 38,496 | 4,678 | 76,555 | 150,816 | (36,501) | 588,541 | ||||||||||||||||||||||||
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Total liabilities |
144,968 | 49,696 | 25,885 | 4,091 | 1,343 | 62,147 | (36,501) | 251,629 | ||||||||||||||||||||||||
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Investments in fixed assets (4) |
14,612 | 8,563 | 774 | 291 | — | 1,311 | (371) | 25,180 | ||||||||||||||||||||||||
| (1) | Includes other companies (see Note 1) and corporate. |
| (2) | Includes bottle breakage. |
| (3) | Includes foreign exchange loss, net; loss on monetary position for subsidiaries in hyperinflationary economies; and market value gain on financial instruments. |
| (4) | Includes acquisitions and disposals of property, plant and equipment, intangible assets and other long-lived assets. |
|
2016 |
Coca-Cola FEMSA |
FEMSA Comercio-Retail Division |
FEMSA Comercio- Health Division |
FEMSA Comercio- Fuel Division |
Heineken Investment |
Other (1) | Consolidation Adjustments |
Consolidated | ||||||||||||||||||||||||
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Total revenues |
Ps. | 177,718 | Ps. | 137,139 | Ps. | 43,411 | Ps. | 28,616 | Ps. | — | Ps. | 29,491 | Ps. | (16,868) | Ps. | 399,507 | ||||||||||||||||
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Intercompany revenue |
4,269 | — | — | — | — | 12,599 | (16,868) | — | ||||||||||||||||||||||||
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Gross profit |
79,662 | 50,990 | 12,738 | 2,248 | — | 6,114 | (3,548) | 148,204 | ||||||||||||||||||||||||
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Administrative expenses |
— | — | — | — | — | — | — | 14,730 | ||||||||||||||||||||||||
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Selling expenses |
— | — | — | — | — | — | — | 95,547 | ||||||||||||||||||||||||
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Other income |
— | — | — | — | — | — | — | 1,157 | ||||||||||||||||||||||||
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Other expenses |
— | — | — | — | — | — | — | 5,909 | ||||||||||||||||||||||||
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Interest expense |
7,473 | 809 | 654 | 109 | — | 1,580 | (979) | 9,646 | ||||||||||||||||||||||||
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Interest income |
715 | 246 | 31 | 37 | 20 | 1,229 | (979) | 1,299 | ||||||||||||||||||||||||
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Other net finance expenses (3) |
— | — | — | — | — | — | — | 3,728 | ||||||||||||||||||||||||
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Income before income taxes and share of the profit of associates and joint ventures accounted for using the equity method |
14,308 | 11,046 | 914 | 182 | 9 | 2,218 | (121) | 28,556 | ||||||||||||||||||||||||
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Income taxes |
3,928 | 719 | 371 | 16 | 3 | 2,851 | — | 7,888 | ||||||||||||||||||||||||
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Share of the profit of associates and joint ventures accounted for using the equity method, net of taxes |
147 | 15 | — | — | 6,342 | 3 | — | 6,507 | ||||||||||||||||||||||||
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Consolidated net income |
— | — | — | — | — | — | — | 27,175 | ||||||||||||||||||||||||
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Depreciation and amortization (2) |
8,666 | 3,736 | 855 | 92 | — | 360 | — | 13,709 | ||||||||||||||||||||||||
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Non-cash items other than depreciation and amortization |
2,908 | 288 | 8 | 17 | — | 630 | — | 3,851 | ||||||||||||||||||||||||
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Investments in associates and joint ventures |
22,357 | 611 | — | — | 105,229 | 404 | — | 128,601 | ||||||||||||||||||||||||
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Total assets |
279,256 | 59,740 | 35,862 | 3,649 | 108,976 | 90,429 | (32,289) | 545,623 | ||||||||||||||||||||||||
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Total liabilities |
150,023 | 42,211 | 24,368 | 3,132 | 7,132 | 64,876 | (32,289) | 259,453 | ||||||||||||||||||||||||
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Investments in fixed assets (4) |
12,391 | 7,632 | 474 | 299 | — | 1,671 | (312) | 22,155 | ||||||||||||||||||||||||
| (1) | Includes other companies (see Note 1) and corporate. |
| (2) | Includes bottle breakage. |
| (3) | Includes foreign exchange loss, net; loss on monetary position for subsidiaries in hyperinflationary economies; and market value gain on financial instruments. |
| (4) | Includes acquisitions and disposals of property, plant and equipment, intangible assets and other long-lived assets. |
|
2015 |
Coca-Cola FEMSA |
FEMSA Comercio-Retail Division |
FEMSA Comercio- Health Division |
FEMSA Comercio- Fuel Division |
Heineken Investment |
Other (1) | Consolidation Adjustments |
Consolidated | ||||||||||||||||||||||||
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Total revenues |
Ps. | 152,360 | Ps. | 119,884 | Ps. | 13,053 | Ps. | 18,510 | Ps. | — | Ps. | 22,774 | Ps. | (14,992) | Ps. | 311,589 | ||||||||||||||||
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Intercompany revenue |
3,794 | 46 | — | — | — | 11,152 | (14,992) | — | ||||||||||||||||||||||||
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Gross profit |
72,030 | 43,649 | 3,688 | 1,420 | — | 5,334 | (2,942) | 123,179 | ||||||||||||||||||||||||
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Administrative expenses |
— | — | — | — | — | — | — | 11,705 | ||||||||||||||||||||||||
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Selling expenses |
— | — | — | — | — | — | — | 76,375 | ||||||||||||||||||||||||
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Other income |
— | — | — | — | — | — | — | 423 | ||||||||||||||||||||||||
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Other expenses |
— | — | — | — | — | — | — | (2,741 | ) | |||||||||||||||||||||||
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Interest expense |
(6,337 | ) | (612 | ) | (148 | ) | (78 | ) | — | (1,269 | ) | 667 | (7,777 | ) | ||||||||||||||||||
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Interest income |
414 | 149 | 8 | 35 | 18 | 1,067 | (667 | ) | 1,024 | |||||||||||||||||||||||
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Other net finance expenses (3) |
— | — | — | — | — | — | — | (865 | ) | |||||||||||||||||||||||
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Income before income taxes and share of the profit of associates and joint ventures accounted for using the equity method |
14,725 | 9,714 | 416 | 164 | 8 | 208 | (72 | ) | 25,163 | |||||||||||||||||||||||
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Income taxes |
4,551 | 859 | 97 | 28 | 2 | 2,395 | — | 7,932 | ||||||||||||||||||||||||
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Share of the profit of associates and joint ventures accounted for using the equity method, net of taxes |
155 | (10 | ) | — | — | 5,879 | 21 | — | 6,045 | |||||||||||||||||||||||
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Consolidated net income |
— | — | — | — | — | — | — | 23,276 | ||||||||||||||||||||||||
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Depreciation and amortization (2) |
7,144 | 3,132 | 204 | 63 | — | 282 | — | 10,825 | ||||||||||||||||||||||||
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Non-cash items other than depreciation and amortization |
1,443 | 296 | (16 | ) | 17 | — | 326 | — | 2,066 | |||||||||||||||||||||||
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Investments in associates and joint ventures |
17,873 | 744 | — | 19 | 92,694 | 401 | — | 111,731 | ||||||||||||||||||||||||
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Total assets |
210,249 | 44,677 | 22,534 | 3,230 | 95,502 | 49,213 | (16,073 | ) | 409,332 | |||||||||||||||||||||||
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Total liabilities |
101,514 | 30,661 | 14,122 | 2,752 | 4,202 | 30,298 | (16,073 | ) | 167,476 | |||||||||||||||||||||||
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Investments in fixed assets (4) |
11,484 | 5,731 | 317 | 228 | — | 1,448 | (323 | ) | 18,885 | |||||||||||||||||||||||
| (1) | Includes other companies (see Note 1) and corporate. |
| (2) | Includes bottle breakage. |
| (3) | Includes foreign exchange loss, net; loss on monetary position for subsidiaries in hyperinflationary economies; and market value gain on financial instruments. |
| (4) | Includes acquisitions and disposals of property, plant and equipment, intangible assets and other long-lived assets. |