XML 247 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements of Changes in Shareholders' Equity
$ in Thousands, $ in Millions
MXN ($)
USD ($)
Capital stock [member]
MXN ($)
Legal reserve [member]
MXN ($)
Retained earnings [member]
MXN ($)
Unrealized loss on equity investment at fair value [member]
MXN ($)
Re-measurements of defined benefit plans [member]
MXN ($)
Cumulative translation adjustment [member]
MXN ($)
Revaluation surplus [member]
MXN ($)
Total equity attributable to equity holders of the parent [member]
MXN ($)
Non- controlling interests [member]
MXN ($)
Beginning balance at Dec. 31, 2020 $ 315,117,618   $ 96,341,695 $ 358,440 $ 314,359,584 $ (10,881,989) $ (113,607,942) $ (100,926,140) $ 64,835,155 $ 250,478,803 $ 64,638,815
Net profit for the year 196,326,114       192,423,167         192,423,167 3,902,947
Unrealized gain on equity and debt investments at fair value, net of deferred taxes 4,560,869         4,560,869       4,560,869  
Remeasurement of defined benefit plan, net of deferred taxes 11,261,896           11,100,835     11,100,835 161,061
Effect of translation of foreign entities (7,134,153)             (2,514,992) (2,322,214) (4,837,206) (2,296,947)
Discontinued operations (829,163)             (829,163)   (829,163)  
Transfer of assets' revaluation surplus         3,803,349       (3,803,349)    
Total comprehensive income for the year 204,185,563       196,226,516 4,560,869 11,100,835 (3,344,155) (6,125,563) 202,418,502 1,767,061
Dividends declared (28,560,471)       (26,640,797)         (26,640,797) (1,919,674)
Repurchase of shares (36,761,029)   (8,263)   (36,752,766)         (36,761,029)  
Other acquisitions of non-controlling interests 60,045       (139,448)         (139,448) 79,403
Ending balance at Dec. 31, 2021 454,041,726   96,333,432 358,440 447,331,985 (6,321,120) (102,507,107) (104,270,295) 58,709,592 389,634,927 64,406,799
Net profit for the year 81,506,395       76,159,391         76,159,391 5,347,004
Unrealized gain on equity and debt investments at fair value, net of deferred taxes (4,707,276)         (4,707,276)       (4,707,276)  
Remeasurement of defined benefit plan, net of deferred taxes (4,305,716)           (4,599,407)     (4,599,407) 293,691
Effect of translation of foreign entities (35,114,722)             (29,222,333) (1,864,632) (31,086,965) (4,027,757)
Discontinued operations 5,193,281             5,193,281   5,193,281  
Transfer of assets' revaluation surplus         2,165,706       (2,165,706)    
Total comprehensive income for the year 42,571,962       78,325,097 (4,707,276) (4,599,407) (24,029,052) (4,030,338) 40,959,024 1,612,938
Dividends declared (29,880,809)       (28,000,073)         (28,000,073) (1,880,736)
Repurchase of shares (26,201,317)   33,469   (26,234,786)         (26,201,317)  
Recycling of assets revaluation surplus related to Peru and the Dominican Republic's sale of towers, net of deferred taxes (79,806)       35,289,339       (35,289,339)   (79,806)
Spin-off effects (2,582,887)   (1,001,572)   (1,581,315)         (2,582,887)  
Other acquisitions of non-controlling interests (39,596)       (4,970)         (4,970) (34,626)
Ending balance at Dec. 31, 2022 437,829,273   95,365,329 358,440 505,125,277 (11,028,396) (107,106,514) (128,299,347) 19,389,915 373,804,704 64,024,569
Net profit for the year 80,789,642 $ 4,782     76,110,617         76,110,617 4,679,025
Unrealized gain on equity and debt investments at fair value, net of deferred taxes (967,609)         (967,609)       (967,609)  
Remeasurement of defined benefit plan, net of deferred taxes (3,769,565) (223)         (3,662,102)     (3,662,102) (107,463)
Effect of translation of foreign entities (41,548,455)             (36,676,031) (723,649) (37,399,680) (4,148,775)
Revaluation surplus, net deferred taxes 868,456               497,628 497,628 370,828
Discontinued operations                   0  
Transfer of assets' revaluation surplus         815,693       (815,693)    
Total comprehensive income for the year 35,372,469 2,094     76,926,310 (967,609) (3,662,102) (36,676,031) (1,041,714) 34,578,854 793,615
Dividends declared (30,912,348)       (28,946,819)         (28,946,819) (1,965,529)
Repurchase of shares (14,323,067)   (3,305)   (14,319,762)         (14,323,067)  
Recycling of assets revaluation surplus related to Peru and the Dominican Republic's sale of towers, net of deferred taxes         4,911,409       (4,911,409)    
Other acquisitions of non-controlling interests (6,263,945)       1,598,873         1,598,873 (7,862,818)
Ending balance at Dec. 31, 2023 $ 421,702,382 $ 24,962 $ 95,362,024 $ 358,440 $ 545,295,288 $ (11,996,005) $ (110,768,616) $ (164,975,378) $ 13,436,792 $ 366,712,545 $ 54,989,837