XML 35 R15.htm IDEA: XBRL DOCUMENT
v3.21.1

Other Current Assets and Other Current Financial Assets | 12 Months Ended
--- | ---
Dec. 31, 2020
IFRS Text Block [Abstract] |
Other Current Assets and Other Current Financial Assets | Note 9. Other Current Assets and Other Current Financial Assets 9.1 Other current assets
|  | December 31, |  | December 31,
|  | 2020 |  | 2019
Prepaid expenses |  | Ps. | 2,424 |  | Ps. | 2,201
Recoverable taxes |  |  | 5 |  |  | 268
Agreements with customers |  |  | 115 |  |  | 294
Licenses |  |  | 261 |  |  | 575
Assets classified as held for sale |  |  | 30 |  |  | 197
Other |  |  | 84 |  |  | 553
|  | Ps. | 2,919 |  | Ps. | 4,088
As of December 31, 2020 and 2019, Company’s prepaid expenses are as follows:
|  | December 31, |  | December 31,
|  | 2020 |  | 2019
Advances for inventories |  | Ps. | 1,651 |  | Ps. | 1,359
Advertising and promotional expenses paid in advance |  |  | 93 |  |  | 89
Advances to service suppliers |  |  | 30 |  |  | 60
Prepaid leases |  |  | 93 |  |  | 239
Prepaid insurance |  |  | 181 |  |  | 129
Others |  |  | 376 |  |  | 325
|  | Ps. | 2,424 |  | Ps. | 2,201
For the years ended December 31, 2020, 2019 and 2018, Company’s advertising and promotional expenses amounted to Ps. 7,471, Ps. 8,840 and Ps. 7,695, respectively. 9.2 Other current financial assets
|  | December 31, |  | December 31,
|  | 2020 |  | 2019
Restricted cash |  | Ps. | 77 |  | Ps. | 92
Derivative financial instruments (see Note 21) |  |  | 573 |  |  | 1,008
Note receivables (1) |  |  | 31 |  |  | 46
|  | Ps. | 681 |  | Ps. | 1,146
| (1) |  | The carrying value approximates its fair value as of December 31, 2020 and 2019.
The Company has pledged part of its cash in order to fulfill the collateral requirements for the accounts payable in different currencies. As of December 31, 2020 and 2019, the restricted cash pledged was held in:
|  | December 31, |  | December 31,
|  | 2020 |  | 2019
U.S. Dollars |  | Ps. | 74 |  | Ps. | 89
Chilean pesos |  |  | 3 |  |  | 3
|  | Ps. | 77 |  | Ps. | 92
The restricted cash in U.S. Dollars corresponds to operations in Brazil and consists of current deposits as requirements to guarantee the notes payable.

X
- Definition Entire disclosure of other current assets and other financial assets. + References No definition available. + Details
Name: | fmx_DisclosureOfOtherCurrentAssetsAndOtherFinancialAssetsExplanatory
Namespace Prefix: | fmx_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition n/a + References No definition available. + Details
Name: | fmx_IfrsTextBlockAbstract
Namespace Prefix: | fmx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration