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v3.20.1

Consolidated Statements of Changes in Equity $ in Millions, $ in Millions | MXN ($) | USD ($) | [3] | Capital stock [member] MXN ($) | Additional paid-in capital [member] MXN ($) | Retained earnings [member] MXN ($) | Fair value in equity financial instrument [member] MXN ($) | Valuation of the effective portion of derivative financial instrument [member] MXN ($) | Exchange differences on the translation of foreign operations and equity accounted investees [member] MXN ($) | Remeasurements of the net defined benefit liability [member] MXN ($) | Total controlling interest [member] MXN ($) | Non-controlling interest [member] MXN ($)
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Beginning Balance at Dec. 31, 2016 | $ 286,170 |  |  | $ 3,348 | $ 25,733 | $ 168,796 |  | $ 2,663 | $ 14,553 | $ (3,189) | $ 211,904 | $ 74,266
Consolidated net income | 37,207 | [1] |  |  |  | 42,408 |  |  |  |  | 42,408 | (5,202)
Other comprehensive income (loss), net | 10,833 | [1] |  |  |  |  |  | (47) | 3,607 | 33 | 3,593 | 7,240
Total other comprehensive income (loss) | 48,039 | [1] |  |  |  | 42,408 |  | (47) | 3,607 | 33 | 46,001 | 2,038
Dividends declared and paid | (12,258) |  |  |  |  | (8,636) |  |  |  |  | (8,636) | (3,622)
Issuance (purchase) of share-based compensation plans | (39) |  |  |  | (89) |  |  |  |  |  | (89) | 50
Capitalization of issued shares to former owners of Vonpar in Coca-Cola FEMSA | 4,082 |  |  |  | 1,164 |  |  | 2 | 47 | 2 | 1,215 | 2,867
Acquisition of non-controlling interest | (322) |  |  |  |  |  |  |  |  |  |  | (322)
Contribution from non-controlling interest | 272 |  |  |  |  |  |  |  |  |  |  | 272
Recognition of non-controlling interest upon consolidation of CCFPI | 11,072 |  |  |  |  |  |  |  |  |  |  | 11,072
Recycling from net defined benefit liability on partial disposal of equity accounted investees |  |  |  |  |  | (596) |  |  |  | 596 |  |
Other movements in equity accounted investees, net of tax | (104) |  |  |  |  | (104) |  |  |  |  | (104) |
Ending Balance (Accounting standard adoption effects [member]) at Dec. 31, 2017 | (379) |  |  |  |  | (229) |  |  |  |  | (229) | (150)
Ending Balance (IAS 29 [member]) at Dec. 31, 2017 | 2,687 |  |  |  |  | 1,269 |  |  |  |  | 1,269 | 1,418
Ending Balance (Adjusted balance [member]) at Dec. 31, 2017 | 339,220 |  |  | 3,348 | 26,808 | 202,908 |  | 2,618 | 18,207 | (2,558) | 251,331 | 87,889
Ending Balance at Dec. 31, 2017 | 336,912 |  |  | 3,348 | 26,808 | 201,868 |  | 2,618 | 18,207 | (2,558) | 250,291 | 86,621
Consolidated net income | 33,079 |  |  |  |  | 23,990 |  |  |  |  | 23,990 | 9,089
Other comprehensive income (loss), net | (13,293) |  |  |  |  |  | $ (491) | (727) | (8,988) | 992 | (9,214) | (4,079)
Total other comprehensive income (loss) | 19,786 |  |  |  |  | 23,990 | (491) | (727) | (8,988) | 992 | 14,776 | 5,010
Dividends declared and paid | (12,933) |  |  |  |  | (9,220) |  |  |  |  | (9,220) | (3,713)
Issuance (purchase) of share-based compensation plans | 73 |  |  |  | 42 |  |  |  |  |  | 42 | 31
Contribution from non-controlling interest | 412 |  |  |  |  |  |  |  |  |  |  | 412
Derecognition upon disposal of controlling interest in Philippines | (11,140) |  |  |  |  |  |  |  |  |  |  | (11,140)
Other movements in equity accounted investees, net of tax | 124 |  |  |  |  | 124 |  |  |  |  | 124 |
Ending Balance (Accounting standard adoption effects [member]) at Dec. 31, 2018 | (162) |  |  |  |  | (93) |  |  |  |  | (93) | (69)
Ending Balance (Adjusted balance [member]) at Dec. 31, 2018 | 335,380 |  |  | 3,348 | 26,850 | 217,709 | (491) | 1,891 | 9,219 | (1,566) | 256,960 | 78,420
Ending Balance at Dec. 31, 2018 | 335,542 |  |  | 3,348 | 26,850 | 217,802 | (491) | 1,891 | 9,219 | (1,566) | 257,053 | 78,489
Consolidated net income | 28,048 | [2] | $ 1,488 |  |  | 20,699 |  | 0 | 0 | 0 | 20,699 | 7,349
Other comprehensive income (loss), net | (12,966) |  | (688) |  |  |  |  | (562) | (6,647) | (1,205) | (8,414) | (4,552)
Total other comprehensive income (loss) | 15,082 |  | 800 |  |  | 20,699 |  | (562) | (6,647) | (1,205) | 12,285 | 2,797
Dividends declared and paid | (13,637) |  |  |  |  | (9,692) |  |  |  |  | (9,692) | (3,945)
Issuance (purchase) of share-based compensation plans | 21 |  |  |  | 33 | 0 |  |  |  |  | 33 | (12)
Other acquisitions and remeasurements | 32 |  |  |  |  |  |  |  |  |  |  | 32
Other acquisition of non-controlling interest | (12,205) |  |  |  | (8,721) |  |  | 32 | 17 | (3) | (8,675) | (3,530)
Other movements in equity accounted investees, net of tax | 1,078 |  |  |  |  | 1,078 |  |  |  |  | 1,078 |
Ending Balance at Dec. 31, 2019 | $ 325,751 | [2] | $ 17,272 | $ 3,348 | $ 18,162 | $ 229,794 | $ (491) | $ 1,361 | $ 2,589 | $ (2,774) | $ 251,989 | $ 73,762
[1] | Revised to reflect the discontinued operations of Coca-Cola FEMSA Philippines – See Note 4.2.1
[2] | The Company initially adopted IFRS 16 at January 1st, 2019 using the modified retrospectively approach under which the comparative information is not restated. – See Note 2.4.1
[3] | Convenience translation to U.S. dollars ($) – See Note 2.2.3

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