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v3.21.1

Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2020
IFRS Text Block [Abstract] |
Disclosure of Exchange Rates of Local Currencies Translated to Mexican Pesos |
|  |  |  | Exchange Rates of Local Currencies Translated to Mexican Pesos (1)
|  | Functional / |  | Average Exchange Rate for |  | Exchange Rate as of
|  | Recording |  |  |  |  |  |  |  | December 31, |  | December 31,
Country or Zone |  | Currency |  | 2020 |  | 2019 |  | 2018 |  | 2020 |  | 2019
Guatemala |  | Quetzal |  | 2.78 |  | 2.50 |  | 2.56 |  | 2.56 |  | 2.45
Costa Rica |  | Colon |  | 0.04 |  | 0.03 |  | 0.03 |  | 0.03 |  | 0.03
Panama |  | U.S. dollar |  | 21.49 |  | 19.26 |  | 19.24 |  | 19.95 |  | 18.85
Colombia |  | Colombian peso |  | 0.01 |  | 0.01 |  | 0.01 |  | 0.01 |  | 0.01
Nicaragua |  | Cordoba |  | 0.63 |  | 0.58 |  | 0.62 |  | 0.57 |  | 0.56
Argentina |  | Argentine peso |  | 0.31 |  | 0.41 |  | 0.73 |  | 0.24 |  | 0.31
Brazil |  | Reais |  | 4.18 |  | 4.89 |  | 5.29 |  | 3.84 |  | 4.68
Chile |  | Chilean peso |  | 0.03 |  | 0.03 |  | 0.03 |  | 0.03 |  | 0.03
Euro Zone |  | Euro (€) |  | 24.48 |  | 21.56 |  | 22.71 |  | 24.52 |  | 21.12
Peru |  | Nuevo Sol |  | 6.15 |  | 5.77 |  | 5.85 |  | 5.51 |  | 5.68
Ecuador |  | U.S. dollar |  | 21.49 |  | 19.26 |  | 19.24 |  | 19.95 |  | 18.85
Philippines |  | Philippine peso |  | — |  | — |  | 0.37 |  | — |  | —
United States |  | U.S. dollar |  | 21.49 |  | — |  | — |  | 19.95 |  | —
Uruguay |  | Uruguayan peso |  | 0.51 |  | 0.55 |  | 0.63 |  | 0.47 |  | 0.51
Exchange rates published by the Central Bank of each country where the Company operates.
Disclosure of Recognition of Effects of Inflation in Countries with Hyperinflationary Economic Environments | As of December 31, 2020, 2019, and 2018, the operations of the Company are classified as follows:
|  | Cumulative |  |  |  | Cumulative |  |  |  | Cumulative |  |
|  | Inflation |  |  |  | Inflation |  |  |  | Inflation |  |
Country |  | 2018- 2020 |  | Type of Economy |  | 2017- 2019 |  | Type of Economy |  | 2016- 2018 |  | Type of Economy
Mexico |  | 11.2 | % | Non-hyperinflationary |  | 13.2 | % | Non-hyperinflationary |  | 15.7 | % | Non-hyperinflationary
Guatemala |  | 10.9 | % | Non-hyperinflationary |  | 11.8 | % | Non-hyperinflationary |  | 12.2 | % | Non-hyperinflationary
Costa Rica |  | 4.5 | % | Non-hyperinflationary |  | 5.8 | % | Non-hyperinflationary |  | 5.7 | % | Non-hyperinflationary
Panama |  | (1.5) | % | Non-hyperinflationary |  | 0.5 | % | Non-hyperinflationary |  | 2.1 | % | Non-hyperinflationary
Colombia |  | 8.8 | % | Non-hyperinflationary |  | 11.0 | % | Non-hyperinflationary |  | 13.4 | % | Non-hyperinflationary
Nicaragua |  | 13.5 | % | Non-hyperinflationary |  | 15.6 | % | Non-hyperinflationary |  | 13.1 | % | Non-hyperinflationary
Argentina (a) |  | 209.2 | % | Hyperinflationary |  | 179.4 | % | Hyperinflationary |  | 158.4 | % | Hyperinflationary
Brazil |  | 13.1 | % | Non-hyperinflationary |  | 11.1 | % | Non-hyperinflationary |  | 25.0 | % | Non-hyperinflationary
Philippines |  | — |  | — |  | — | % | Non-hyperinflationary |  | 11.9 | % | Non-hyperinflationary
Euro Zone |  | 2.4 | % | Non-hyperinflationary |  | 3.6 | % | Non-hyperinflationary |  | 2.7 | % | Non-hyperinflationary
Chile |  | 8.8 | % | Non-hyperinflationary |  | 8.3 | % | Non-hyperinflationary |  | 9.7 | % | Non-hyperinflationary
Peru |  | 6.2 | % | Non-hyperinflationary |  | 5.2 | % | Non-hyperinflationary |  | 9.3 | % | Non-hyperinflationary
Ecuador |  | (0.7) | % | Non-hyperinflationary |  | 0.3 | % | Non-hyperinflationary |  | 30.3 | % | Non-hyperinflationary
United States |  | 3.7 | % | Non-hyperinflationary |  | — |  | — |  | — |  | —
Uruguay |  | 28.5 | % | Non-hyperinflationary |  | 22.0 | % | Non-hyperinflationary |  | 25.3 |  | Non-hyperinflationary
Disclosure of Estimated Useful Lives of Company's Assets | The estimated useful lives of the Company’s assets are as follows:
|  | Years
Buildings |  | 25-50
Machinery and equipment |  | 10-20
Distribution equipment |  | 7-15
Refrigeration equipment |  | 5-7
Returnable bottles |  | 1.5-3
Leasehold improvements |  | The shorter of lease term or 15 years
Information technology equipment |  | 3-5
Other equipment |  | 3-10

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