Non-Controlling Interest in Consolidated Subsidiaries (Tables)

12 Months Ended

Dec. 31, 2017

An analysis of FEMSA’s non-controlling interest in its consolidated subsidiaries for the years ended December 31, 2017 and 2016 is as follows:

The changes in the FEMSA’s non-controlling interest were as follows:


	2017			2016			2015
Balance at beginning of the year	Ps.	74,266		Ps.	60,332		Ps.	59,649
Net income of non controlling interest		(5,202	)		6,035			5,593
Other comprehensive income (loss):		7,240			9,463			(2,999	)
Exchange differences on translation of foreign operation		7,349			9,238			(3,110	)
Remeasurements of the net defined benefits liability		30			(63	)		75
Valuation of the effective portion of derivative financial instruments		(139	)		288			36
Capitalization of issued shares to former owners of Vonpar in Coca-Cola FEMSA		2,867			—			—
Other acquisitions and remeasurments		(50	)		1,710			1,133
Contribution from non-controlling interest		11,072			892			250
Equity instruments		—			(485	)		—
Dividends		(3,622	)		(3,690	)		(3,351	)
Share based payment		50			9			57

Balance at end of the year	Ps.	86,621		Ps.	74,266		Ps.	60,332

Non controlling accumulated other comprehensive loss is comprised as follows:


	December 31, 2017			December 31, 2016
Exchange differences on translation foreign operation	Ps.	7,150		Ps.	(199	)
Remeasurements of the net defined benefits liability		(274	)		(304	)
Valuation of the effective portion of derivative financial instruments		56			195

Accumulated other comprehensive loss	Ps.	6,932		Ps.	(308	)

Summarized financial information in respect of Coca-Cola FEMSA is set out below:


	December 31, 2017			December 31, 2016
Total current assets	Ps.	55,657		Ps.	45,453
Total non-current assets		230,020			233,803
Total current liabilities		55,594			39,868
Total non-current liabilities		89,373			110,155
Total revenue	Ps.	203,780		Ps.	177,718
Total consolidated net (loss) income		(11,654	)		10,527
Total consolidated comprehensive income	Ps.	3,315		Ps.	27,171
Net cash flow from operating activities		33,323			32,446
Net cash flow from used in investing activities		(10,890	)		(26,915	)
Net cash flow from financing activities		(10,775	)		(9,734	)