
			FEMSA		FEMSA
			Comercio –		Comercio –
	Coca-Cola		Proximity		Health		FEMSA Comercio –		Heineken				Consolidation
2020	FEMSA		Division		Division		Fuel Division		Investment		Other (1)		Adjustments		Consolidated
Total revenues	Ps.	183,615	Ps.	181,277	Ps.	65,172	Ps.	34,292	Ps.	—	Ps.	49,414	Ps.	(20,804)	Ps.	492,966
Intercompany revenue		5,016		451		—		9		—		15,328		(20,804)		—
Gross profit		82,811		74,296		19,575		4,300		—		13,823		(5,152)		189,653
Administrative expenses		—		—		—		—		—		—		—		22,988
Selling expenses		—		—		—		—		—		—		—		123,405
Other income		—		—		—		—		—		—		—		3,343
Other expenses		—		—		—		—		—		—		—		12,381
Interest expense		7,894		5,932		1,540		1,099		—		4,773		(3,722)		17,516
Interest income		1,048		388		162		40		61		4,123		(3,722)		2,100
Other net finance loss (3)		—		—		—		—		—		—		—		505
Income before income taxes and share of the profit of equity accounted investees		16,077		6,409		753		(224)		48		(4,237)		485		19,311
Income taxes		5,428		(280)		243		(29)		12		9,445		—		14,819
Share of the profit of equity accounted investees, net of tax		(281)		(18)		—		—		(434)		(3)		—		(736)
Net income from continuing operations		—		—		—		—		—		—		—		3,756
Consolidated net income		—		—		—		—		—		—		—		3,756
Depreciation and amortization (2)		10,608		10,574		3,543		865		—		2,562		(103)		28,049
Non-cash items other than depreciation and amortization		1,494		739		28		22		—		138		—		2,421
Investments in equity accounted investees		7,623		3,102		—		—		87,291		254		—		98,270
Total assets		263,066		121,200		60,107		15,878		92,444		191,207		(59,054)		684,848
Total liabilities		140,609		104,141		46,038		14,257		4,011		127,426		(58,821)		377,661
Investments in fixed assets (4)		10,354		6,907		1,694		549		—		1,533		(144)		20,893

(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.


			FEMSA		FEMSA		FEMSA
			Comercio –		Comercio –		Comercio –
	Coca-Cola		Proximity		Health		Fuel		Heineken				Consolidation
2019	FEMSA		Division		Division		Division		Investment		Other (1)		Adjustments		Consolidated
Total revenues	Ps.	194,471	Ps.	184,810	Ps.	58,922	Ps.	47,852	Ps.	—	Ps.	41,788	Ps.	(21,132)	Ps.	506,711
Intercompany revenue		5,688		325		—		11		—		15,108		(21,132)		—
Gross profit		87,507		75,099		17,645		4,775		—		11,551		(5,096)		191,481
Administrative expenses		—		—		—		—		—		—		—		19,930
Selling expenses		—		—		—		—		—		—		—		121,871
Other income		—		—		—		—		—		—		—		1,013
Other expenses		—		—		—		—		—		—		—		4,905
Interest expense		6,904		5,733		1,226		1,175		1		2,303		(3,209)		14,133
Interest income		1,230		338		10		114		23		4,563		(3,110)		3,168
Other net finance income (3)		—		—		—		—		—		—		—		(2,527)
Income before income taxes and share of the profit of equity accounted investees		18,409		11,458		1,487		124		10		449		359		32,296
Income taxes		5,648		923		556		49		(491)		3,791		—		10,476
Share of the profit of equity accounted investees, net of tax		(131)		9		—		—		6,428		(78)		—		6,228
Net income from continuing operations		—		—		—		—		—		—		—		28,048
Consolidated net income		—		—		—		—		—		—		—		28,048
Depreciation and amortization (2)		10,642		9,604		3,112		855		—		1,708		(112)		25,809
Non-cash items other than depreciation and amortization		1,083		529		23		105		—		755		—		2,495
Investments in equity accounted investees		9,751		3,719		—		—		83,789		211		—		97,470
Total assets		257,841		117,229		54,366		17,701		86,639		158,746		(54,981)		637,541
Total liabilities		128,154		98,468		53,468		16,754		3,151		66,812		(55,017)		311,790
Investments in fixed assets (4)		11,465		10,374		1,529		706		—		1,685		(180)		25,579

(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.


			FEMSA		FEMSA		FEMSA
			Comercio –		Comercio –		Comercio –
	Coca-Cola		Proximity		Health		Fuel		Heineken				Consolidation
2018	FEMSA		Division		Division		Division		Investment		Other (1)		Adjustments		Consolidated
Total revenues	Ps.	182,342	Ps.	167,458	Ps.	51,739	Ps.	46,936	Ps.	—	Ps.	42,293	Ps.	(21,024)	Ps.	469,744
Intercompany revenue		5,160		290		—		—		—		15,574		(21,024)		—
Gross profit		83,938		65,529		15,865		4,231		—		10,233		(4,626)		175,170
Administrative expenses		—		—		—		—		—		—		—		17,313
Selling expenses		—		—		—		—		—		—		—		114,573
Other income		—		—		—		—		—		—		—		673
Other expenses		—		—		—		—		—		—		—		2,947
Interest expense		7,568		1,806		678		211		1		2,057		(2,496)		9,825
Interest income		1,004		372		14		159		22		3,757		(2,496)		2,832
Other net finance expenses (3)		—		—		—		—		—		—		—		(387)
Income before income taxes and share of the profit of equity accounted investees		17,190		13,335		1,438		407		11		1,219		30		33,630
Income taxes		5,260		1,124		652		123		4		3,006		—		10,169
Share of the profit of equity accounted investees, net of tax		(226)		(17)		—		—		6,478		17		—		6,252
Net income from continuing operations		—		—		—		—		—		—		—		29,713
Net income from discontinued operations		—		—		—		—		—		—		—		3,366
Consolidated net income		—		—		—		—		—		—		—		33,079
Depreciation and amortization (2)		10,028		4,971		983		152		—		1,103		—		17,237
Non-cash items other than depreciation and amortization		755		367		22		11		—		490		—		1,645
Investments in equity accounted investees		10,518		84		—		—		83,461		252		—		94,315
Total assets		263,787		75,146		35,881		7,015		86,340		150,674		(42,462)		576,381
Total liabilities		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.