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Consolidated Income Statements
$ in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
MXN ($)
$ / shares
Dec. 31, 2017
USD ($)
$ / shares
[1]
Dec. 31, 2016
MXN ($)
$ / shares
Dec. 31, 2015
MXN ($)
$ / shares
Net sales $ 459,763 $ 23,410 $ 398,622 $ 310,849
Other operating revenues 693 35 885 740
Total revenues 460,456 23,445 399,507 311,589
Cost of goods sold 290,188 14,776 251,303 188,410
Gross profit 170,268 8,669 148,204 123,179
Administrative expenses 16,512 841 14,730 11,705
Selling expenses 111,456 5,674 95,547 76,375
Other income 34,741 1,769 1,157 423
Other expenses 33,959 1,729 5,909 2,741
Interest expense 11,124 566 9,646 7,777
Interest income 1,566 80 1,299 1,024
Foreign exchange gain (loss), net 4,956 252 1,131 (1,193)
Monetary position gain (loss), net 1,590 81 2,411 (36)
Market value (loss) gain on financial instruments (204) (10) 186 364
Income before income taxes and share of the profit of associates and joint ventures accounted for using the equity method 39,866 2,031 28,556 25,163
Income taxes 10,583 539 7,888 7,932
Share of the profit of associates and joint ventures accounted for using the equity method, net of taxes 7,923 403 6,507 6,045
Consolidated net income 37,206 1,895 27,175 23,276
Attributable to:        
Controlling interest 42,408 2,160 21,140 17,683
Non-controllinginterest (5,202) (265) 6,035 5,593
Consolidated net income $ 37,206 $ 1,895 $ 27,175 $ 23,276
Series B shares [member]        
Basic controlling interest net income:        
Basic net controlling interest income | (per share) $ 2.12 $ 0.11 $ 1.05 $ 0.88
Diluted controlling interest net income:        
Diluted net controlling interest income | (per share) 2.11 0.11 1.05 0.88
Series D shares [member]        
Basic controlling interest net income:        
Basic net controlling interest income | (per share) 2.65 0.13 1.32 1.10
Diluted controlling interest net income:        
Diluted net controlling interest income | (per share) $ 2.64 $ 0.13 $ 1.32 $ 1.10
[1] Convenience translation to U.S. dollars ($) - See Note 2.2.3