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v3.19.1

Other Liabilities, Provisions, Contingencies and Commitments (Tables) | 12 Months Ended
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Dec. 31, 2018
Text block [abstract] |
Schedule of Other Current Financial Liabilities | 25.1 Other current financial liabilities
|  | December 31, 2018 |  |  | December 31, 2017 |
Sundry creditors |  | Ps. | 8,489 |  |  | Ps. | 9,116 |
Derivative financial instruments (see Note 20) |  |  | 384 |  |  |  | 3,947 |
Others |  |  | 20 |  |  |  | 16 |
Total |  | Ps. | 8,893 |  |  | Ps. | 13,079 |
Schedule of Provisions and Other Non-Current Liabilities | 25.2 Provisions and other non-current liabilities
|  | December 31, 2018 |  |  | December 31, 2017 |
Contingencies |  | Ps. | 9,928 |  |  | Ps. | 12,855 |
Payable taxes |  |  | 873 |  |  |  | 458 |
Others |  |  | 767 |  |  |  | 1,233 |
Total |  | Ps. | 11,568 |  |  | Ps. | 14,546 |
Schedule of Other Financial Liabilities | 25.3 Other financial liabilities
|  | December 31, 2018 |  |  | December 31, 2017 |
Derivative financial instruments (see Note 20) |  | Ps. | 1,262 |  |  | Ps. | 1,769 |
Security deposits |  |  | 970 |  |  |  | 1,028 |
Total |  | Ps. | 2,232 |  |  | Ps. | 2,797 |
Schedule of Provisions Recorded in Consolidated Statement of Financial Position | The following table presents the nature and amount of the contingencies recorded as of December 31, 2018 and 2017:
|  | December 31, 2018 |  |  | December 31, 2017 |
Indirect taxes |  | Ps. | 5,421 |  |  | Ps. | 6,836 |
Labor |  |  | 2,601 |  |  |  | 2,723 |
Legal |  |  | 1,906 |  |  |  | 3,296 |
Total |  | Ps. | 9,928 |  |  | Ps. | 12,855 |
Summary of Changes in Provisions | 25.5 Changes in the balance of provisions recorded 25.5.1 Indirect taxes
|  | December 31, 2018 |  |  | December 31, 2017 |  |  | December 31, 2016 |
Balance at beginning of the period |  | Ps. | 6,836 |  |  | Ps. | 11,065 |  |  | Ps. | 1,725 |
Penalties and other charges |  |  | 123 |  |  |  | 362 |  |  |  | 173 |
New contingencies (see Note 19) |  |  | 178 |  |  |  | 91 |  |  |  | 768 |
Contingencies added in business combination (1) |  |  | 104 |  |  |  | 861 |  |  |  | 7,840 |
Cancellation and expiration |  |  | 106 |  |  |  | (796 | ) |  |  | (106 | )
Payments |  |  | (112 | ) |  |  | (947 | ) |  |  | (6 | )
Brazil amnesty adoption |  |  | — |  |  |  | (3,321 | ) |  |  | — |
Effects of changes in foreign exchange rates |  |  | (951 | ) |  |  | (479 | ) |  |  | 671 |
Effects due to derecognition of Philippines |  |  | (863 | ) |  |  | — |  |  |  | — |
Balance at end of the period |  | Ps. | 5,421 |  |  | Ps. | 6,836 |  |  | Ps. | 11,065 |
(1) | During 2016, Coca-Cola FEMSA recognized an amount of Ps. 7,840 corresponding to tax claims with local Brazil IRS (including a contingency of Ps. 5,321 related to the deductibility of a tax goodwill balance). The remaining contingencies relate to multiple claims with loss expectations assessed by management and supported by the analysis of legal counsels as possible, the total amount of contingencies guaranteed agreements amounts to Ps. 8,081. During 2017, Coca-Cola FEMSA took advantage of a Brazilian tax amnesty program. The settlement of certain outstanding matters under that amnesty program generated a benefit of Ps. 1,874 which has been offset against the corresponding indemnifiable assets.
25.5.2 Labor
|  | December 31, 2018 |  |  | December 31, 2017 |  |  | December 31, 2016 |
Balance at beginning of the period |  | Ps. | 2,723 |  |  | Ps. | 2,578 |  |  | Ps. | 1,372 |
Penalties and other charges |  |  | 310 |  |  |  | 56 |  |  |  | 203 |
New contingencies |  |  | 330 |  |  |  | 283 |  |  |  | 397 |
Contingencies added in business combination |  |  | 289 |  |  |  | — |  |  |  | 500 |
Cancellation and expiration |  |  | (133 | ) |  |  | (32 | ) |  |  | (186 | )
Payments |  |  | (193 | ) |  |  | (92 | ) |  |  | (336 | )
Effects of changes in foreign exchange rates |  |  | (725 | ) |  |  | (69 | ) |  |  | 628 |
Venezuela deconsolidation effect |  |  | — |  |  |  | (1 | ) |  |  | — |
Balance at end of the period |  | Ps. | 2,601 |  |  | Ps. | 2,723 |  |  | Ps. | 2,578 |
25.5.3 Legal
|  | December 31, 2018 |  |  | December 31, 2017 |  |  | December 31, 2016 |
Balance at beginning of the period |  | Ps. | 3,296 |  |  | Ps. | 2,785 |  |  | Ps. | 318 |
Penalties and other charges |  |  | 86 |  |  |  | 121 |  |  |  | 34 |
New contingencies |  |  | 72 |  |  |  | 186 |  |  |  | 196 |
Contingencies added in business combination |  |  | 67 |  |  |  | 783 |  |  |  | 2,231 |
Cancellation and expiration |  |  | (146 | ) |  |  | (16 | ) |  |  | (46 | )
Payments |  |  | (251 | ) |  |  | (417 | ) |  |  | (81 | )
Brazil amnesty adoption |  |  | — |  |  |  | 7 |  |  |  | — |
Effects of changes in foreign exchange rates |  |  | (335 | ) |  |  | (151 | ) |  |  | 133 |
Venezuela deconsolidation effect |  |  | — |  |  |  | (2 | ) |  |  | — |
Effects due to derecognition of Philippines |  |  | (883 | ) |  |  | — |  |  |  | — |
Balance at end of the period |  | Ps. | 1,906 |  |  | Ps. | 3,296 |  |  | Ps. | 2,785 |
Schedule of Contractual Maturities of Operating Lease Commitments | The contractual maturities of the operating lease commitments by currency, expressed in Mexican pesos as of December 31, 2018, are as follows:
|  | Mexican Pesos |  |  | U.S. Dollars |  |  | Others |
Not later than 1 year |  | Ps. | 7,467 |  |  | Ps. | 565 |  |  | Ps. | 2,085 |
Later than 1 year and not later than 5 years |  |  | 30,691 |  |  |  | 1,485 |  |  |  | 6,196 |
Later than 5 years |  |  | 30,884 |  |  |  | 200 |  |  |  | 2,361 |
Total |  | Ps. | 69,042 |  |  | Ps. | 2,250 |  |  | Ps. | 10,642 |
Schedule of Future Minimum Lease Payments | Future minimum lease payments under finance leases with the present value of the net minimum lease payments are as follows:
|  | 2018 Minimum Payments |  |  | Present Value of Payments |  |  | 2017 Minimum Payments |  |  | Present Value of Payments |
Not later than 1 year |  | Ps. | 38 |  |  | Ps. | 33 |  |  | Ps. | 41 |  |  | Ps. | 34 |
Later than 1 year and not later than 5 years |  |  | 62 |  |  |  | 59 |  |  |  | 91 |  |  |  | 82 |
Later than 5 years |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total minimum lease payments |  |  | 100 |  |  |  | 92 |  |  |  | 132 |  |  |  | 116 |
Less amount representing finance charges |  |  | 8 |  |  |  | — |  |  |  | 16 |  |  |  | — |
Present value of minimum lease payments |  |  | 92 |  |  |  | 92 |  |  |  | 116 |  |  |  | 116 |

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