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v3.19.1

Consolidated Income Statements $ in Millions, $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2018 MXN ($) $ / shares | Dec. 31, 2018 USD ($) $ / shares | [1] | Dec. 31, 2017 MXN ($) $ / shares | [2] | Dec. 31, 2016 MXN ($) $ / shares
Statement [LineItems] |  |  |  |
Net sales | $ 468,894 | $ 23,881 | $ 439,239 | $ 398,622
Other operating revenues | 850 | 43 | 693 | 885
Total revenues | 469,744 | 23,924 | 439,932 | 399,507
Cost of goods sold | 294,574 | 15,002 | 277,842 | 251,303
Gross profit | 175,170 | 8,922 | 162,090 | 148,204
Administrative expenses | 17,313 | 882 | 15,222 | 14,730
Selling expenses | 114,573 | 5,835 | 105,880 | 95,547
Other income | 673 | 34 | 31,951 | 1,157
Other expenses | 2,947 | 150 | 33,866 | 5,909
Interest expense | 9,825 | 500 | 11,092 | 9,646
Interest income | 2,832 | 144 | 1,470 | 1,299
Foreign exchange (loss) gain, net | (248) | (13) | 4,934 | 1,131
Monetary position gain, net | 216 | 11 | 1,590 | 2,411
Market value (loss) gain on financial instruments | (355) | (18) | (204) | 186
Income before income taxes from continuing operations and share of profit in equity accounted investees | 33,630 | 1,713 | 35,771 | 28,556
Income taxes | 10,169 | 518 | 10,213 | 7,888
Share of the profit of equity accounted investees, net of tax | 6,252 | 318 | 7,923 | 6,507
Net income from continuing operations | 29,713 | 1,513 | 33,480 | 27,175
Net income from discontinued operations | 3,366 | 171 | 3,726 |
CONSOLIDATED NET INCOME | 33,079 | 1,684 | 37,206 | 27,175
Controlling interest from continuing operations | 22,560 | 1,148 | 40,863 | 21,140
Controlling interest from discontinued operations | 1,430 | 73 | 1,545 |
Non-controlling interest from continuing operations | 7,153 | 364 | (7,383) | 6,035
Non-controlling interest from discontinued operations | 1,936 | 99 | 2,181 |
CONSOLIDATED NET INCOME | $ 33,079 | $ 1,684 | $ 37,206 | $ 27,175
Series B shares [member] |  |  |  |
Basic earnings per share of continuing operations |  |  |  |
Basic earnings per share of continuing operations | (per share) | $ 1.13 | $ 0.06 | $ 2.04 | $ 1.05
Basic earnings per share of discontinued operations |  |  |  |
Basic earnings per share of discontinued operations | 0.07 |  | 0.08 |
Diluted earnings per share of continuing operations |  |  |  |
Diluted earnings per share of continuing operations | (per share) | 1.13 | 0.06 | 2.04 | 1.05
Diluted earnings per share of discontinued operations |  |  |  |
Diluted earnings per share of discontinued operations | 0.07 |  | 0.08 |
Series D shares [member] |  |  |  |
Basic earnings per share of continuing operations |  |  |  |
Basic earnings per share of continuing operations | (per share) | 1.41 | 0.07 | 2.55 | 1.32
Basic earnings per share of discontinued operations |  |  |  |
Basic earnings per share of discontinued operations | 0.09 |  | 0.10 |
Diluted earnings per share of continuing operations |  |  |  |
Diluted earnings per share of continuing operations | (per share) | 1.41 | $ 0.07 | 2.55 | $ 1.32
Diluted earnings per share of discontinued operations |  |  |  |
Diluted earnings per share of discontinued operations | $ 0.09 |  | $ 0.10 |
[1] | Convenience translation to U.S. dollars ($) - See Note 2.2.3
[2] | Revised to reflect the discontinued Philippines operations of Coca-Cola FEMSA - See Note 4.2.1

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