XML 77 R38.htm IDEA: XBRL DOCUMENT
v3.19.2

Equity accounted investees (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Text block [abstract] |
Summary of Equity Accounted Investees | As of June 30, 2019 and December 31, 2018, Company’s equity accounted investees are as follows:
|  | Principal |  | Place of |  | Ownership Percentage |  |  | Carrying Value |
Investee |  | Activity |  | Incorporation |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Heineken (1)(2) |  | Beverages |  | The Netherlands |  |  | 14.8 | % |  |  | 14.8 | % |  |  | Ps.83,724 |  |  |  | Ps.83,461 |
Coca-Cola FEMSA: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Joint ventures: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Compañía Panameña de Bebidas, S.A.P.I. de C.V. |  | Beverages |  | Mexico |  |  | 50.0 | % |  |  | 50.0 | % |  |  | 1,568 |  |  |  | 1,550 |
Dispensadoras de Café, S.A.P.I. de C.V. |  | Services |  | Mexico |  |  | 50.0 | % |  |  | 50.0 | % |  |  | 166 |  |  |  | 162 |
Fountain Agua Mineral, L.T.D.A |  | Beverages |  | Brazil |  |  | 50.0 | % |  |  | 50.0 | % |  |  | 843 |  |  |  | 826 |
Associates: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Promotora Industrial Azucarera, S.A. de C.V. (“PIASA”) |  |  | Sugar |  |  |  | Mexico |  |  |  | 36.4 | % |  |  | 36.4 | % |  |  | 3,242 |  |  |  | 3,120 |
Industria Envasadora de Querétaro, S.A. de C.V. (“IEQSA”) |  |  | Canned |  |  |  | Mexico |  |  |  | 26.5 | % |  |  | 26.5 | % |  |  | 188 |  |  |  | 179 |
Industria Mexicana de Reciclaje, S.A. de C.V. (“IMER”) |  |  | Recycling |  |  |  | Mexico |  |  |  | 35.0 | % |  |  | 35.0 | % |  |  | 121 |  |  |  | 129 |
Jugos del Valle, S.A.P.I. de C.V. |  |  | Beverages |  |  |  | Mexico |  |  |  | 28.8 | % |  |  | 26.3 | % |  |  | 1,580 |  |  |  | 1,571 |
KSP Partiçipações, L.T.D.A. |  |  | Beverages |  |  |  | Brazil |  |  |  | 38.7 | % |  |  | 31.4 | % |  |  | 104 |  |  |  | 104 |
Leao Alimentos e Bebidas, L.T.D.A. |  |  | Beverages |  |  |  | Brazil |  |  |  | 24.7 | % |  |  | 24.7 | % |  |  | 2,056 |  |  |  | 2,084 |
TROP Frutas do Brasil S.A. (“TROP”) |  |  | Beverages |  |  |  | Brazil |  |  |  | 23.6 | % |  |  | 23.6 | % |  |  | 485 |  |  |  | 497 |
UBI 3 Participações L.T.D.A. (“ADES”) |  |  | Beverages |  |  |  | Brazil |  |  |  | 26.0 | % |  |  | 26.0 | % |  |  | 7 |  |  |  | 7 |
Other investments in Coca-Cola FEMSA’s companies |  |  | Various |  |  |  | Various |  |  |  | Various |  |  |  | Various |  |  |  | 257 |  |  |  | 289 |
Other investments (1) (3) |  |  | Various |  |  |  | Various |  |  |  | Various |  |  |  | Various |  |  |  | 514 |  |  |  | 336 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Ps. | 94,855 |  |  | Ps. | 94,315 |
(1) | Associate.
(2) | As of June 30, 2019 and December 31, 2018 comprised of 8.63% of Heineken, N.V. and 12.26% of Heineken Holding, N.V., which represents an economic interest of 14.76% in Heineken Group. The Company has significant influence, mainly, due to the fact that it participates in the Board of Directors of Heineken Holding, N.V. and the Supervisory Board of Heineken N.V.; and for the material transactions between the Company and Heineken Group.
(3) | Joint ventures.
Summarized Financial Information in Respect of Associate Accounted for Under Equity Method | Summarized financial information in respect of the associate Heineken Group accounted for under the equity method is set out below.
|  | June 30, 2019 |  |  | December 31, 2018 |
Amounts in millions |  | Peso |  |  | Euro |  |  | Peso |  |  | Euro |
Total assets |  | Ps. | 1,010,721 |  |  | €. | 46,227 |  |  | Ps. | 950,012 |  |  | €. | 42,151 |
Total liabilities |  |  | 654,705 |  |  |  | 29,944 |  |  |  | 595,980 |  |  |  | 26,443 |
Total equity |  |  | 356,016 |  |  |  | 16,283 |  |  |  | 354,032 |  |  |  | 15,708 |
Net income(1) |  | Ps. | 22,598 |  |  | €. | 1,038 |  |  | Ps. | 48,287 |  |  | €. | 2,105 |
(1) | Net income includes the economic interest for six-month period ended June 30, 2019 and for the year ended December 31, 2018 were 14.8%, respectively. For the six-month period ended June 30, 2018, six-month period ended June 30, 2018 was Ps. 24,457 (€.1,932).

X
- Definition The disclosure of equity accounted investees. + References No definition available. + Details
Name: | fmx_DisclosureOfEquityAccountedInvesteesExplanatory
Namespace Prefix: | fmx_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Text block [abstract] + References No definition available. + Details
Name: | fmx_TextBlockAbstract
Namespace Prefix: | fmx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of associates. [Refer: Associates [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2018-01-01 -Paragraph 17 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2018-03-01&anchor=para_17_b&doctype=Standard -URIDate 2018-03-16 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2018-01-01 -Paragraph 16 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2018-03-01&anchor=para_16_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 B4 -Subparagraph d -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2018-03-01&anchor=para_B4_d&doctype=Appendix&seq=2 -URIDate 2018-03-16 + Details
Name: | ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration