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Trade Accounts Receivable, Net | 12 Months Ended
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Dec. 31, 2018
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Trade Accounts Receivable, Net | Note 7. Trade Accounts Receivable, Net
|  | December 31, 2018 |  |  | December 31, 2017 |
Trade accounts receivables |  | Ps. | 25,615 |  |  | Ps. | 26,856 |
The Coca-Cola Company (see Note 14) |  |  | 1,173 |  |  |  | 2,054 |
Loans to employees |  |  | 108 |  |  |  | 128 |
Heineken Group (see Note 14) |  |  | 768 |  |  |  | 999 |
Former shareholders of Vonpar (see Note 14) |  |  | — |  |  |  | 1,219 |
Others |  |  | 2,614 |  |  |  | 2,435 |
Allowance for expected credit losses |  |  | (2,114 | ) |  |  | (1,375 | )
|  | Ps. | 28,164 |  |  | Ps. | 32,316 |
7.1 Trade receivables Trade receivables representing rights arising from sales and loans to employees or any other similar concept, are presented net of discounts and the allowance for expected credit losses. Coca-Cola FEMSA has accounts receivable from The Coca-Cola Company arising from the latter’s participation in advertising and promotional programs and investment in refrigeration equipment and returnable bottles made by Coca-Cola FEMSA. Because less than 10% of the trade accounts receivables is unrecoverable, the Company does not have customers classified as “high risk”, which would be eligible to have special management conditions for the credit risk. As of December 31, 2018, the main customers of the Company represent, in aggregate form, the expected loss on 5%. The allowance is calculated under an expected loss model that recognizes the impairment losses throughout the life of the contract. For this particular case, because the accounts receivable is generally less than one year, the Company defined an impairment estimation model under a simplified approach of expected loss through a parametric model. The parameters used within the model are:
| • |  | Breach probability;
| • |  | Losses severity;
| • |  | Financing rate;
| • |  | Special recovery rate; and
| • |  | Breach exposure.
Aging of accounts receivable (days current or outstanding) |  | December 31, 2018 |  |  | December 31, 2017 |
Current |  | Ps. | 22,789 |  |  | Ps. | 25,537 |
0-30 days |  |  | 4,081 |  |  |  | 5,009 |
31-60 days |  |  | 869 |  |  |  | 838 |
61-90 days |  |  | 598 |  |  |  | 398 |
91-120 days |  |  | 241 |  |  |  | 383 |
120+ days |  |  | 1,700 |  |  |  | 1,527 |
Total |  | Ps. | 30,278 |  |  | Ps. | 33,691 |
7.2 Changes in the allowance for expected credit losses
|  | 2018 |  |  | 2017 |  |  | 2016 |
Balance at the beginning of the period |  | Ps. | 1,375 |  |  | Ps. | 1,193 |  |  | Ps. | 849 |
Effect of adoption of IFRS 9 |  |  | 468 |  |  |  | — |  |  |  | — |
Adjusted balance at the beginning of the period |  |  | 1,843 |  |  |  | 1,193 |  |  |  | 849 |
Allowance for the period |  |  | 348 |  |  |  | 530 |  |  |  | 467 |
Additions (write-offs) of uncollectible accounts (1) |  |  | (402 | ) |  |  | (400 | ) |  |  | (418 | )
Addition from business combinations |  |  | 1 |  |  |  | 86 |  |  |  | 94 |
Effects of changes in foreign exchange rates |  |  | 324 |  |  |  | (32 | ) |  |  | 201 |
Effect of Venezuela deconsolidation |  |  | — |  |  |  | (2 | ) |  |  | — |
Balance at the end of the period |  | Ps. | 2,114 |  |  | Ps. | 1,375 |  |  | Ps. | 1,193 |
(1) | In 2018, includes the effect of Coca-Cola FEMSA Philippines, Inc. sale for an aggregate amount of $ 82.
In determining the recoverability of trade receivables, the Company considers any change in the credit quality of the trade receivable from the date credit was initially granted up to the end of the reporting period. The concentration of credit risk is limited due to the customer base being large and disperse. 7.3 Receivable from The Coca-Cola Company The Coca-Cola Company participates in certain advertising and promotional programs as well as in the Coca-Cola FEMSA’s refrigeration equipment and returnable bottles investment program. Contributions received by Coca-Cola FEMSA for advertising and promotional incentives are recognized as a reduction in selling expenses and contributions received for the refrigeration equipment and returnable bottles investment program are recorded as a reduction in the carrying amount of refrigeration equipment and returnable bottles items. For the years ended December 31, 2018, 2017 and 2016 contributions due were Ps. 3,542, Ps. 3,436 and Ps. 4,518, respectively.

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- Definition The disclosure of trade and other receivables. [Refer: Trade and other receivables] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_10_e&doctype=Standard -URIDate 2018-03-16 + Details
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