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Balances and transactions with related parties and affiliated companies | 12 Months Ended
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Dec. 31, 2017
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Balances and transactions with related parties and affiliated companies | Note 14. Balances and transactions with related parties and affiliated companies Balances and transactions between the Company and its subsidiaries have been eliminated on consolidation and are not disclosed in this note. The consolidated statements of financial positions and consolidated income statements include the following balances and transactions with related parties and affiliated companies:
|  | December 31, 2017 |  |  | December 31, 2016 |
Balances |  |  |  |  |  |  |  |
Due from The Coca-Cola Company (see Note 7) (1) (8) |  | Ps. | 2,054 |  |  | Ps. | 1,857 |
Balance with BBVA Bancomer, S.A. de C.V. (2) |  |  | 1,496 |  |  |  | 2,535 |
Balance with JP Morgan Chase & Co. (2) |  |  | 6,907 |  |  |  | — |
Balance with Banco Mercantil del Norte S.A. |  |  | 806 |  |  |  | — |
Grupo Industrial Saltillo S.A.B. de C.V. (3) |  |  | 141 |  |  |  | 128 |
Due from Heineken Group (1) (3) (7) |  |  | 2,673 |  |  |  | 2,622 |
Former shareholders of Vonpar |  |  | 1,219 |  |  |  | — |
Other receivables (1) (4) |  |  | 209 |  |  |  | 237 |
Due to The Coca-Cola Company (5) (6) (8) |  | Ps. | 3,731 |  |  | Ps. | 4,454 |
Due to BBVA Bancomer, S.A. de C.V. (5) |  |  | 352 |  |  |  | 395 |
Due to Caffenio (6) (7) |  |  | 293 |  |  |  | 76 |
Due to Heineken Group (6) (7) |  |  | 4,403 |  |  |  | 4,458 |
Other payables (6) |  |  | 1,508 |  |  |  | 1,047 |
(1) | Presented within accounts receivable.
(2) | Presented within cash and cash equivalents.
(3) | Presented within other financial assets.
(4) | Presented within other current financial assets.
(5) | Recorded within bank loans and notes payable.
(6) | Recorded within accounts payable.
(7) | Associates.
(8) | Non controlling interest.
Balances due from related parties are considered to be recoverable. Accordingly, for the years ended December 31, 2017 and 2016, there was no expense resulting from the uncollectibility of balances due from related parties.
Transactions |  | 2017 |  |  | 2016 |  |  | 2015 |
Income: |  |  |  |  |  |  |  |  |  |  |  |
Services to Heineken Group (1) |  | Ps. | 3,570 |  |  | Ps. | 3,153 |  |  | Ps. | 3,396 |
Logistic services to Grupo Industrial Saltillo, S.A. de C.V. (3) |  |  | 457 |  |  |  | 427 |  |  |  | 407 |
Logistic services to Jugos del Valle (1) |  |  | 587 |  |  |  | 555 |  |  |  | 564 |
Other revenues from related parties |  |  | 620 |  |  |  | 857 |  |  |  | 644 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Purchase of concentrate from The Coca-Cola Company (2) |  | Ps. | 33,898 |  |  | Ps. | 38,146 |  |  | Ps. | 27,330 |
Purchases of raw material and beer from Heineken Group (1) |  |  | 24,942 |  |  |  | 16,436 |  |  |  | 14,467 |
Purchase of coffee from Caffenio (1) |  |  | 2,397 |  |  |  | 2,064 |  |  |  | 1,774 |
Purchase of baked goods and snacks from Grupo Bimbo, S.A.B. de C.V. (3) |  |  | 4,802 |  |  |  | 4,184 |  |  |  | 3,740 |
Advertisement expense paid to The Coca-Cola Company (2) (4) |  |  | 1,392 |  |  |  | 2,354 |  |  |  | 1,316 |
Purchase of juices from Jugos del Valle, S.A.P.I. de C.V. (1) |  |  | 3,905 |  |  |  | 3,310 |  |  |  | 3,082 |
Purchase of sugar from Promotora Industrial Azucarera, S.A. de C.V. (1) |  |  | 1,885 |  |  |  | 1,765 |  |  |  | 1,236 |
Interest expense and fees paid to BBVA Bancomer, S.A. de C.V. (3) |  |  | 40 |  |  |  | 26 |  |  |  | 68 |
Purchase of sugar from Beta San Miguel (3) |  |  | 1,827 |  |  |  | 1,349 |  |  |  | 1,264 |
Purchase of sugar, cans and aluminum lids from Promotora Mexicana de Embotelladores, S.A. de C.V. (3) |  |  | 839 |  |  |  | 759 |  |  |  | 587 |
Purchase of canned products from IEQSA (1) |  |  | 804 |  |  |  | 798 |  |  |  | 731 |
Purchase of inventories to Leao Alimentos e Bebidas, L.T.D.A. (1) |  |  | 4,010 |  |  |  | 3,448 |  |  |  | 3,359 |
Advertising paid to Grupo Televisa, S.A.B. (3) |  |  | 107 |  |  |  | 193 |  |  |  | 175 |
Insurance premiums for policies with Grupo Nacional Provincial, S.A.B. (3) |  |  | 32 |  |  |  | 63 |  |  |  | 58 |
Donations to Fundación FEMSA, A.C. (3) |  |  | 23 |  |  |  | 62 |  |  |  | 30 |
Donations to Difusión y Fomento Cultural, A.C. (3) |  |  | 44 |  |  |  | 49 |  |  |  | 59 |
Interest expense paid to The Coca-Cola Company (2) |  |  | — |  |  |  | — |  |  |  | 1 |
Other expenses with related parties |  |  | 751 |  |  |  | 618 |  |  |  | 470 |
(1) | Associates.
(2) | Non controlling interest.
(3) | Members of the board of directors in FEMSA participate in board of directors of this entity.
(4) | Net of the contributions from The Coca-Cola Company of Ps. 4,023, Ps. 4,518 and Ps. 3,749, for the years ended in 2017, 2016 and 2015, respectively.
Commitments with related parties
Related Party |  | Commitment |  | Conditions
Heineken Group |  | Supply |  | Supply of all beer products in Mexico’s OXXO stores. The contract may be renewed for five years or additional periods. At the end of the contract OXXO will not hold exclusive contract with another supplier of beer for the next 3 years. Commitment term, Jan 1st, 2010 to Jun 30, 2020.
The benefits and aggregate compensation paid to executive officers and senior management of the Company were as follows:
|  | 2017 |  |  | 2016 |  |  | 2015 |
Short-term employee benefits paid |  | Ps. | 1,699 |  |  | Ps. | 1,510 |  |  | Ps. | 1,162 |
Postemployment benefits |  |  | 48 |  |  |  | 39 |  |  |  | 42 |
Termination benefits |  |  | 74 |  |  |  | 192 |  |  |  | 63 |
Share based payments |  |  | 351 |  |  |  | 468 |  |  |  | 463

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