XML 21 R5.htm IDEA: XBRL DOCUMENT
v3.19.1

Consolidated Statements of Changes in Equity $ in Millions, $ in Millions | MXN ($) | USD ($) | [2] | Capital stock [member] MXN ($) | Additional paid-in capital [member] MXN ($) | Retained earnings [member] MXN ($) | Fair value in equity financial instrument [member] MXN ($) | Valuation of the effective portion of derivative financial instrument [member] MXN ($) | Exchange differences on the translation of foreign operations and equity accounted investees [member] MXN ($) | Remeasurements of the net defined benefit liability [member] MXN ($) | Total controlling interest [member] MXN ($) | Non-controlling interest [member] MXN ($)
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Beginning Balance at Dec. 31, 2015 | $ 241,856 |  |  | $ 3,348 | $ 25,807 | $ 156,532 |  | $ 606 | $ (2,688) | $ (2,081) | $ 181,524 | $ 60,332
Consolidated net income | 27,175 |  |  |  |  | 21,140 |  |  |  |  | 21,140 | 6,035
Other comprehensive income (loss), net | 27,653 |  |  |  |  |  |  | 2,057 | 17,241 | (1,108) | 18,190 | 9,463
Total other comprehensive income (loss) | 54,828 |  |  |  |  | 21,140 |  | 2,057 | 17,241 | (1,108) | 39,330 | 15,498
Dividends declared and paid | (12,045) |  |  |  |  | (8,355) |  |  |  |  | (8,355) | (3,690)
Issuance (purchase) of share-based compensation plans | (65) |  |  |  | (74) |  |  |  |  |  | (74) | 9
Other equity instruments from acquisition of Vonpar | (485) |  |  |  |  |  |  |  |  |  |  | (485)
Other acquisitions and remeasurements | 1,710 |  |  |  |  |  |  |  |  |  |  | 1,710
Contribution from non-controlling interest | 892 |  |  |  |  |  |  |  |  |  |  | 892
Other movements in equity accounted investees, net of tax | (521) |  |  |  |  | (521) |  |  |  |  | (521) |
Ending Balance at Dec. 31, 2016 | 286,170 |  |  | 3,348 | 25,733 | 168,796 |  | 2,663 | 14,553 | (3,189) | 211,904 | 74,266
Consolidated net income | 37,206 | [1] |  |  |  | 42,408 |  |  |  |  | 42,408 | (5,202)
Other comprehensive income (loss), net | 10,833 |  |  |  |  |  |  | (47) | 3,607 | 33 | 3,593 | 7,240
Total other comprehensive income (loss) | 48,039 |  |  |  |  | 42,408 |  | (47) | 3,607 | 33 | 46,001 | 2,038
Dividends declared and paid | (12,258) |  |  |  |  | (8,636) |  |  |  |  | (8,636) | (3,622)
Issuance (purchase) of share-based compensation plans | (39) |  |  |  | (89) |  |  |  |  |  | (89) | 50
Capitalization of issued shares to former owners of Vonpar in Coca-Cola FEMSA | 4,082 |  |  |  | 1,164 |  |  | 2 | 47 | 2 | 1,215 | 2,867
Acquisitions of non-controlling interest | (322) |  |  |  |  |  |  |  |  |  |  | (322)
Contribution from non-controlling interest | 272 |  |  |  |  |  |  |  |  |  |  | 272
Recognition of non-controlling interest upon consolidation of CCFPI | 11,072 |  |  |  |  |  |  |  |  |  |  | 11,072
Recycling from net defined benefit liability on partial disposal of equity accounted investees |  |  |  |  |  | (596) |  |  |  | 596 |  |
Other movements in equity accounted investees, net of tax | (104) |  |  |  |  | (104) |  |  |  |  | (104) |
Ending Balance (Accounting standard adoption effects [member]) at Dec. 31, 2017 | (379) |  |  |  |  | (229) |  |  |  |  | (229) | (150)
Ending Balance (IAS 29 [member]) at Dec. 31, 2017 | 2,687 |  |  |  |  | 1,269 |  |  |  |  | 1,269 | 1,418
Ending Balance (Adjusted balance [member]) at Dec. 31, 2017 | 339,220 |  |  | 3,348 | 26,808 | 202,908 |  | 2,618 | 18,207 | (2,558) | 251,331 | 87,889
Ending Balance at Dec. 31, 2017 | 336,912 |  |  | 3,348 | 26,808 | 201,868 |  | 2,618 | 18,207 | (2,558) | 250,291 | 86,621
Consolidated net income | 33,079 |  | $ 1,684 |  |  | 23,990 |  |  |  |  | 23,990 | 9,089
Other comprehensive income (loss), net | (13,293) |  | (677) |  |  |  | $ (491) | (727) | (8,988) | 992 | (9,214) | (4,079)
Total other comprehensive income (loss) | 19,786 |  | 1,007 |  |  | 23,990 | (491) | (727) | (8,988) | 992 | 14,776 | 5,010
Dividends declared and paid | (12,933) |  |  |  |  | (9,220) |  |  |  |  | (9,220) | (3,713)
Issuance (purchase) of share-based compensation plans | 73 |  |  |  | 42 |  |  |  |  |  | 42 | 31
Contribution from non-controlling interest | 412 |  |  |  |  |  |  |  |  |  |  | 412
Derecognition upon disposal of controlling interest in Philippines | (11,140) |  |  |  |  |  |  |  |  |  |  | (11,140)
Other movements in equity accounted investees, net of tax | 124 |  |  |  |  | 124 |  |  |  |  | 124 |
Ending Balance at Dec. 31, 2018 | $ 335,542 |  | $ 17,089 | $ 3,348 | $ 26,850 | $ 217,802 | $ (491) | $ 1,891 | $ 9,219 | $ (1,566) | $ 257,053 | $ 78,489
[1] | Revised to reflect the discontinued Philippines operations of Coca-Cola FEMSA - See Note 4.2.1
[2] | Convenience translation to U.S. dollars ($) - See Note 2.2.3

X
- Definition Acquisitions of non-controlling interest + References No definition available. + Details
Name: | fmx_AcquisitionsOfNoncontrollingInterest
Namespace Prefix: | fmx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Capitalisation of issued shares to former owners + References No definition available. + Details
Name: | fmx_CapitalisationOfIssuedSharesToFormerOwners
Namespace Prefix: | fmx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Contributions from non controlling interest. + References No definition available. + Details
Name: | fmx_ContributionsFromNonControllingInterest
Namespace Prefix: | fmx_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Derecognition of noncontrolling interest upon disposal. + References No definition available. + Details
Name: | fmx_DerecognitionOfNoncontrollingInterestUponDisposal
Namespace Prefix: | fmx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Increase decrease through change in equity method of associates. + References No definition available. + Details
Name: | fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates
Namespace Prefix: | fmx_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Recognition of non-controlling interest upon consolidation. + References No definition available. + Details
Name: | fmx_RecognitionOfNoncontrollingInterestUponConsolidation
Namespace Prefix: | fmx_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Recycling from net defined benefit liability on partial disposal of equity accounted investees. + References No definition available. + Details
Name: | fmx_RecyclingFromNetDefinedBenefitLiabilityOnPartialDisposalOfEquityAccountedInvestees
Namespace Prefix: | fmx_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 1 -IssueDate 2018-01-01 -Paragraph 32 -Subparagraph a -Clause ii -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=1&date=2018-03-01&anchor=para_32_a_ii&doctype=Standard -URIDate 2018-03-16 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 1 -IssueDate 2018-01-01 -Paragraph 24 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=1&date=2018-03-01&anchor=para_24_b&doctype=Standard -URIDate 2018-03-16 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2018-01-01 -Paragraph B12 -Subparagraph b -Clause ix -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2018-03-01&anchor=para_B12_b_ix&doctype=Appendix&seq=2 -URIDate 2018-03-16 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 106 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_106_a&doctype=Standard -URIDate 2018-03-16 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Name IFRS -Number 12 -IssueDate 2018-01-01 -Paragraph B10 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2018-03-01&anchor=para_B10_b&doctype=Appendix&seq=2 -URIDate 2018-03-16 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 81A -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_81A_c&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_ComprehensiveIncome
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of dividends recognised as distributions to owners. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 107 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_107&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_DividendsPaid
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of residual interest in the assets of the entity after deducting all its liabilities. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 1 -IssueDate 2018-01-01 -Paragraph 24 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=1&date=2018-03-01&anchor=para_24_a&doctype=Standard -URIDate 2018-03-16 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 1 -IssueDate 2018-01-01 -Paragraph 32 -Subparagraph a -Clause i -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=1&date=2018-03-01&anchor=para_32_a_i&doctype=Standard -URIDate 2018-03-16 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2018-01-01 -Paragraph 93 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=13&date=2018-03-01&anchor=para_93_a&doctype=Standard -URIDate 2018-03-16 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2018-01-01 -Paragraph 93 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=13&date=2018-03-01&anchor=para_93_b&doctype=Standard -URIDate 2018-03-16 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2018-01-01 -Paragraph 93 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=13&date=2018-03-01&anchor=para_93_e&doctype=Standard -URIDate 2018-03-16 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 55 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_55&doctype=Standard -URIDate 2018-03-16 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 78 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_78_e&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_Equity
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The increase (decrease) in the entity's equity resulting from the change in the equity of subsidiaries. [Refer: Subsidiaries [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 106 -Subparagraph d -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_106_d&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The increase (decrease) in equity resulting from share-based payment transactions. [Refer: Equity] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 106 -Subparagraph d -Clause iii -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_106_d_iii&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The increase (decrease) in equity resulting from changes that the entity does not separately disclose in the same statement or note. [Refer: Equity] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 106 -Subparagraph d -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_106_d&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of income and expense (including reclassification adjustments) that is not recognised in profit or loss as required or permitted by IFRSs. [Refer: IFRSs [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 106 -Subparagraph d -Clause ii -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_106_d_ii&doctype=Standard -URIDate 2018-03-16 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2018-01-01 -Paragraph B12 -Subparagraph b -Clause viii -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2018-03-01&anchor=para_B12_b_viii&doctype=Appendix&seq=2 -URIDate 2018-03-16 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 81A -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_81A_b&doctype=Standard -URIDate 2018-03-16 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 91 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_91_a&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_OtherComprehensiveIncome
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 7 -IssueDate 2018-01-01 -Paragraph 18 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=7&date=2018-03-01&anchor=para_18_b&doctype=Standard -URIDate 2018-03-16 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 1 -IssueDate 2018-01-01 -Paragraph 24 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=1&date=2018-03-01&anchor=para_24_b&doctype=Standard -URIDate 2018-03-16 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 1 -IssueDate 2018-01-01 -Paragraph 32 -Subparagraph a -Clause ii -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=1&date=2018-03-01&anchor=para_32_a_ii&doctype=Standard -URIDate 2018-03-16 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2018-01-01 -Paragraph 28 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=8&date=2018-03-01&anchor=para_28_b&doctype=Standard -URIDate 2018-03-16 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Note Effective on first application of IFRS 9 -Name IFRS -Number 4 -IssueDate 2018-01-01 -Paragraph 39L -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=4&date=2018-03-02&anchor=para_39L_e&doctype=Standard&book=b -URIDate 2018-03-16 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2018-01-01 -Paragraph 23 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=8&date=2018-03-01&anchor=para_23&doctype=Standard -URIDate 2018-03-16 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Name IFRS -Number 12 -IssueDate 2018-01-01 -Paragraph B10 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2018-03-01&anchor=para_B10_b&doctype=Appendix&seq=2 -URIDate 2018-03-16 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 106 -Subparagraph d -Clause i -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_106_d_i&doctype=Standard -URIDate 2018-03-16 Reference 9: http://www.xbrl.org/2003/role/exampleRef -Note Effective 2021-01-01 -Name IFRS -Number 17 -IssueDate 2018-01-01 -Paragraph 113 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=17&date=2018-03-01&anchor=para_113_b&doctype=Standard -URIDate 2018-03-16 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 81A -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_81A_a&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_ProfitLoss
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis=ifrs-full_FinancialEffectOfChangesInAccountingPolicyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis=fmx_IAS29Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis=fmx_AdjustedBalanceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |