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Other Liabilities, Provisions, Contingencies and Commitments (Tables)
 12 Months Ended
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