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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