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Other Assets and Other Financial Assets (Tables)
 12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Disclosure of Other Non-Current Assets

13.1 Other non-current assets

 

     December 31,
2018		      December 31,
2017		  

Agreement with customers

    Ps.  897      Ps.  849  

Long term prepaid advertising expenses

      388        298  

Guarantee deposits (1)

      2,910        3,491  

Prepaid bonuses

      248        151  

Advances to acquire property, plant and equipment

      233        266  

Recoverable taxes

      1,289        1,674  

Indemnifiable assets from business combinations (2)

      3,336        4,510  

Recoverable taxes from business combinations

      395        458  

Others

      621        828  
  

 

 

     

 

 

  
   Ps.  10,317      Ps.  12,525  
  

 

 

     

 

 

  

 

(1)

As it is customary in Brazil, the Company is required to guarantee tax, legal and labor contingencies by guarantee deposits including those related to business acquisitions. See Note 25.7.
(2)

Corresponds to indemnifiable assets that are warranted by former Vonpar owners as per the share purchase agreement. See Note 4.1.3
Disclosure of Other Non-Current Financial Assets

13.2 Other non-current financial assets

 

     December 31,
2018		      December 31,
2017		  

Non-current accounts receivable

    Ps.  724      Ps.  733  

Derivative financial instruments (see Note 20)

      10,752        10,137  

Investments (2)

      11,810        —    

Investments in other entities (1)

      —          1,039  

Others

      101        164  
  

 

 

     

 

 

  
   Ps.  23,387      Ps.  12,073  
  

 

 

     

 

 

  

 

(1)

In 2017, Coca-Cola FEMSA determined that deteriorating conditions in its Venezuela’s investment subsidiary had led the Company to no longer meet the accounting criteria to continue consolidating its operations. For further information about the impacts of such deconsolidation, see Note 3.3 above.
(2)

It represents an investment in corporate debt securities with variable interest rates, measured at amortized cost. The carrying value approximates its fair value as of December 31, 2018.