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Information by Segment (Tables)
 6 Months Ended
Jun. 30, 2019
Text block [abstract]  
Summary of Inter Segment Policies for Segment

By Business Unit:

 

2019

    Coca-Cola
FEMSA		     FEMCO –
Proximity
Division		     FEMCO –
Health
Division		      FEMCO –
Fuel
Division		      Heineken
Investment		     Other (1)     Consolidation
Adjustments		     Consolidated  

Total revenues

    Ps. 94,444     Ps. 88,440     Ps. 28,004      Ps. 23,268      Ps. —       Ps. 20,149     Ps. (9,934 )    Ps. 244,371  

Intercompany revenue

      2,697       157       —          7        —         7,073       (9,934 )      —    

Gross profit

      43,095       34,636       8,202        2,324        —         4,965       (2,430 )      90,792  

Administrative expenses

      —         —         —          —          —         —         —         9,519  

Selling expenses

      —         —         —          —          —         —         —         58,992  

Other income

      —         —         —          —          —         —         —         935  

Other expenses

      —         —         —          —          —         —         —         2,454  

Interest expense

      3,475       2,706       578        593        —         1,188       (1,570 )      6,970  

Interest income

      551       171       8        64        4       2,253       (1,523 )      1,528  

Other net finance income (3)

      —         —         —          —          —         —         —         (1,897 ) 

Income before income taxes and share of the profit of equity accounted investees

      8,939       4,824       420        94        1       (1,035 )      180       13,423  

Income taxes

      2,519       40       65        33        (493 )      1,945       —         4,109  

Share of the profit of equity accounted investees, net of tax

      (64 )      (22 )      —          —          3,138       —         —         3,052  
  

 

 

    

 

 

    

 

 

     

 

 

     

 

 

    

 

 

    

 

 

    

 

 

  

Net income from continuing operations

      —         —         —          —          —         —         —         12,366  
  

 

 

    

 

 

    

 

 

     

 

 

     

 

 

    

 

 

    

 

 

    

 

 

  

Net income from discontinued operations

      —         —         —          —          —         —         —         —    
  

 

 

    

 

 

    

 

 

     

 

 

     

 

 

    

 

 

    

 

 

    

 

 

  

Non-cash items other than depreciation and amortization (2)

      360       159       9        72        —         494       —         1,094  

 

Investments in equity accounted investees

      10,618        252        —          —          83,724        261        —         94,855  

Total assets

      259,728        109,392        53,694        16,092        85,674        158,582        (51,149 )      632,013  

Total liabilities

      130,538        90,709        40,948        15,154        3,297        70,887        (51,242 )      300,291  

Investments in fixed assets (4)

      3,961        4,505        595        244        —          998        (83 )      10,220  

 

(1)

Includes other companies and corporate (see Note 1).
(2)

Includes bottle breakage.
(3)

Includes foreign exchange loss, net; gain on monetary position for subsidiaries in hyperinflationary economies; and market value loss on financial instruments.
(4)

Includes acquisitions and disposals of property, plant and equipment, intangible assets and other long-lived assets.

 

2018

    Coca-Cola
FEMSA		     FEMCO –
Proximity
Division		     FEMCO –
Health
Division		      FEMCO –
Fuel
Division		      Heineken
Investment		      Other (1)      Consolidation
Adjustments		     Consolidated  

Total revenues

    Ps. 88,692     Ps. 80,134     Ps. 25,834      Ps. 22,104      Ps.         Ps. 20,443      Ps. (10,268 )    Ps. 226,939  

Intercompany revenue

      2,456       117       —          —          —          7,695        (10,268 )   

Gross profit

      41,073       29,569       7,789        1,803        —          5,158        (2,105 )      83,287  

Administrative expenses

      —         —         —          —          —          —          —         8,513  

Selling expenses

      —         —         —          —          —          —          —         55,299  

Other income

      —         —         —          —          —          —          —         605  

Other expenses

      —         —         —          —          —          —          —         1,867  

Interest expense

      3,688       833       396        101        —          1,051        (1,191 )      4,878  

Interest income

      426       176       58        128        4        1,653        (1,191 )      1,254  

Other net finance expenses (3)

      —         —         —          —          —          —          —         375  

Income before income taxes and share of the profit of equity accounted investees

      8,175       4,987       573        244        —          960        24       14,963  

Income taxes

      2,499       139       363        73        1        1,746        —         4,821  

Share of the profit of equity accounted investees, net of tax

      (110 )      (12 )      —          —          3,120        1        —         2,999  
  

 

 

    

 

 

    

 

 

     

 

 

     

 

 

     

 

 

     

 

 

    

 

 

  

Net income from continuing operations

      —         —         —          —          —          —          —         13,141  
  

 

 

    

 

 

    

 

 

     

 

 

     

 

 

     

 

 

     

 

 

    

 

 

  

Net income from discontinued operations

      —         —         —          —          —          —          —         166  
  

 

 

    

 

 

    

 

 

     

 

 

     

 

 

     

 

 

     

 

 

    

 

 

  

Consolidated net income

      —         —         —          —          —          —          —         13,307  
  

 

 

    

 

 

    

 

 

     

 

 

     

 

 

     

 

 

     

 

 

    

 

 

  

Depreciation and a amortization

      4,802       2,324       494        71        —          396        —         8,087  

Non-cash items other than depreciation and amortization

      372       177       9        6           72        —         636  
  

 

 

    

 

 

    

 

 

     

 

 

     

 

 

     

 

 

     

 

 

    

 

 

  

Investments in equity accounted investees (5)

      10,518       84       —          —          83,461        252        —         94,315  

Total assets (5)

      263,787       75,146       35,881        7,015        86,340        150,674        (42,462 )      576,381  

Total liabilities (5)

      132,037       56,468       23,357        6,142        4,054        61,340        (42,559 )      240,839  

Investments in fixed assets (4)

      11,069       9,441       1,162        520        —          2,391        (317 )      24,266  

 

(1)

Includes other companies and corporate (see Note 1).
(2)

Includes bottle breakage.
(3)

Includes foreign exchange gain, net; gain on monetary position for subsidiaries in hyperinflationary economies; and market value loss on financial instruments.
(4)

Includes acquisitions and disposals of property, plant and equipment, intangible assets and other long-lived assets.
(5)

As of December 31, 2018
Summary of Geographic Disclosure

Geographic disclosure for the Company non-current assets is as follow:

 

     June 30, 2019      December 31, 2018  

Mexico and Central America (1)

    Ps. 233,686      Ps. 195,310  

South America (2)

      137,247        120,003  

Europe

      83,724        83,461  
  

 

 

     

 

 

  

Consolidated

    Ps. 454,657      Ps. 398,774  
  

 

 

     

 

 

  

 

(1)

Domestic (Mexico only) non-current assets were Ps. 228,201 and Ps. 185,857, as of June 30, 2019 and December 31, 2018, respectively.
(2)

South America non-current assets includes Brazil, Argentina, Colombia, Chile and Uruguay. Brazilian non-current assets were Ps. 76.921 and Ps. 76,869, as of June 30, 2019 and December 31, 2018, respectively. Colombia non-current assets were Ps. 17,227 and Ps. 16,664, as of June 30, 2019 and December 31, 2018, respectively. Argentina non-current assets were Ps. 4,808 and Ps. 4,538, as of June 30, 2019 and December 31, 2018, respectively. Chile non-current assets were Ps. 33,248 and Ps. 16,787, as of June 30, 2019 and December 31, 2018, respectively. Uruguay non-current assets were Ps. 5,012 and Ps. 5,145, as of June 30, 2019 and December 31, 2018, respectively.