Details of transactions between the Company and other related parties are disclosed as follows:
| Transactions | 2017 | 2016 | 2015 | |||||||||
|
Income: |
||||||||||||
|
Sales to affiliated parties |
Ps. | 4,761 | Ps. | 4,274 | Ps. | 3,803 | ||||||
|
Interest income received from Compañía Panameña de Bebidas, S.A.P.I. de C.V. |
— | 1 | — | |||||||||
|
Interest income received from BBVA Bancomer, S.A. de C.V. |
138 | 17 | 13 | |||||||||
|
Expenses: |
||||||||||||
|
Purchases and other expenses of FEMSA |
7,773 | 8,328 | 7,720 | |||||||||
|
Purchases of concentrate from The Coca-Cola Company |
33,898 | 38,146 | 27,330 | |||||||||
|
Purchases of raw material, beer and operating expenses from Heineken |
13,608 | 8,823 | 6,944 | |||||||||
|
Advertisement expense paid to The Coca-Cola Company |
1,392 | 2,354 | 1,316 | |||||||||
|
Purchases from Jugos del Valle |
2,604 | 2,428 | 2,135 | |||||||||
|
Purchase of sugar to Promotora Industrial
Azucarera, |
1,885 | 1,765 | 1,236 | |||||||||
|
Purchase of sugar from Beta San Miguel |
1,827 | 1,349 | 1,264 | |||||||||
|
Purchase of sugar, cans and aluminum lids to Promotora Mexicana de Embotelladores, S.A. de C.V. |
839 | 759 | 587 | |||||||||
|
Purchase of canned products to Industria Envasadora de Queretaro, S.A. de C.V.. |
804 | 798 | 731 | |||||||||
|
Purchase of inventories to Leao Alimentos e Bebidas, LTDA |
4,010 | 3,448 | 3,359 | |||||||||
|
Purchase of resin from Industria Mexicana de Reciclaje, S.A. de C.V. |
267 | 265 | 220 | |||||||||
|
Donations to Instituto Tecnologico y de Estudios Superiores de Monterrey, A.C. (1) (2) |
47 | 1 | — | |||||||||
|
Donations to Fundación Femsa, A.C. |
2 | 92 | — | |||||||||
|
Interest expense paid to The Coca-Cola Company |
11 | — | 1 | |||||||||
|
Insurance premiums for policies with Grupo Nacional Provincial, S.A.B. (1) |
— | 1 | 22 | |||||||||
|
Other expenses with related parties |
202 | 185 | 24 | |||||||||
| (1) | One or more members of the Board of Directors or senior management of the Company are also members of the Board of Directors or senior management of the counterparties to these transactions. |
| (2) | 47 Million MXN of donations to ITESM was made through Fundacion FEMSA as intermediary. |