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Revenues (Tables)
12 Months Ended
Dec. 31, 2020
IFRS Text Block [Abstract]  
Summary of Disaggregation of Revenue by Geographic Area, Business Unit and Products and Services Categories

The information sets below described the disaggregation of revenue by geographic area, business unit and products and services categories in which the Company operates. The timing in which the revenues are recognized by the business units in the Company, is mainly at the point in the time in which control of goods and services is transferred in its entirely to the customer.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FEMSA Comercio – 

 

FEMSA Comercio – 

 

FEMSA Comercio – 

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

Coca-Cola FEMSA

 

Proximity Division

 

Health Division

 

Fuel Division

 

Segments

 

Total

 

  

2020

  

2019

  

2018

  

2020

  

2019

  

2018

  

2020

  

2019

  

2018

  

2020

  

2019

  

2018

  

2020

  

2019

  

2018

  

2020

  

2019

  

2018

By geographic areas:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

  

 

 

 

 

 

 

Mexico and Central America (1)

 

Ps.

106,783

 

Ps.

109,249

 

Ps.

100,162

 

Ps.

179,218

 

Ps.

182,864

 

Ps.

166,040

 

Ps.

9,716

 

Ps.

8,170

 

Ps.

7,898

 

Ps.

34,292

 

Ps.

47,852

 

Ps.

46,936

 

Ps.

27,403

 

Ps.

32,217

 

Ps.

31,918

 

Ps.

357,412

 

Ps.

380,352

 

Ps.

352,954

United States (2)

 

 

 —

 

 

 —

 

 

 —

 

 

15

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

12,250

 

 

 —

 

 

 —

 

 

12,265

 

 

 —

 

 

 —

South America (3)

 

 

76,832

 

 

85,223

 

 

82,180

 

 

2,044

 

 

1,946

 

 

1,418

 

 

55,456

 

 

50,752

 

 

43,841

 

 

 —

 

 

 —

 

 

 —

 

 

9,761

 

 

9,552

 

 

10,350

 

 

144,093

 

 

147,473

 

 

137,789

Venezuela

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

18

 

 

25

 

 

 —

 

 

18

 

 

25

Total revenues

 

 

183,615

 

 

194,472

 

 

182,342

 

 

181,277

 

 

184,810

 

 

167,458

 

 

65,172

 

 

58,922

 

 

51,739

 

 

34,292

 

 

47,852

 

 

46,936

 

 

49,414

 

 

41,787

 

 

42,293

 

 

513,770

 

 

527,843

 

 

490,768

Consolidation adjustments

 

 

5,016

 

 

5,688

 

 

5,160

 

 

451

 

 

325

 

 

290

 

 

 —

 

 

 —

 

 

 —

 

 

 9

 

 

11

 

 

 —

 

 

15,328

 

 

15,108

 

 

15,574

 

 

20,804

 

 

21,132

 

 

21,024

Consolidated revenues

 

 

178,599

 

 

188,784

 

 

177,182

 

 

180,826

 

 

184,485

 

 

167,168

 

 

65,172

 

 

58,922

 

 

51,739

 

 

34,283

 

 

47,841

 

 

46,936

 

 

34,086

 

 

26,679

 

 

26,719

 

 

492,966

 

 

506,711

 

 

469,744

By products and/or services

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products sold in the point-of-sale

 

Ps.

183,615

 

Ps.

194,472

 

Ps.

182,342

 

Ps.

181,277

 

Ps.

184,810

 

Ps.

167,458

 

Ps.

65,172

 

Ps.

58,922

 

Ps.

51,739

 

Ps.

34,292

 

Ps.

47,852

 

Ps.

46,936

 

Ps.

23,254

 

Ps.

13,198

 

Ps.

13,240

 

Ps.

487,610

 

Ps.

499,254

 

Ps.

461,715

Services revenues

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

26,160

 

 

28,589

 

 

29,053

 

 

26,160

 

 

28,589

 

 

29,053

Consolidation adjustments

 

 

5,016

 

 

5,688

 

 

5,160

 

 

451

 

 

325

 

 

290

 

 

 —

 

 

 —

 

 

 —

 

 

 9

 

 

11

 

 

 —

 

 

15,328

 

 

15,108

 

 

15,574

 

 

20,804

 

 

21,132

 

 

21,024

Consolidated revenues

 

 

178,599

 

 

188,784

 

 

177,182

 

 

180,826

 

 

184,485

 

 

167,168

 

 

65,172

 

 

58,922

 

 

51,739

 

 

34,283

 

 

47,841

 

 

46,936

 

 

34,086

 

 

26,679

 

 

26,719

 

 

492,966

 

 

506,711

 

 

469,744


(1)

Central America includes Guatemala, Nicaragua, Costa Rica and Panama. Domestic (Mexico only) revenues were Ps. 320,694, Ps. 346,659 and Ps. 319,792 and during the years ended December 31, 2020,  2019 and 2018, respectively.

(2)

On May 15, 2020, the Company completed the acquisition of WAXIE Sanitary Supply (“WAXIE”) and North American Corporation (“North American”) to form a new platform within the Jan-San, Packaging and Specialized distribution industry in the United States. The platform will bring together two market leaders in this field: WAXIE And North American, with FEMSA acquiring a majority controlling interest of 89% in the combined company.

South America includes Brazil, Argentina, Colombia, Chile, Uruguay and Ecuador. South America revenues include Brazilian revenues of Ps. 62,758, Ps. 67,076 and Ps. 63,601 during the years ended December 31, 2020,  2019 and 2018, respectively. South America revenues include Colombia revenues of Ps. 14,800, Ps. 16,440 and Ps. 19,245 during the years ended December 31, 2020,  2019 and 2018, respectively. South America revenues include Argentina revenues of Ps. 5,531, Ps. 6,857 and Ps. 9,237 during the years ended December 31, 2020,  2019 and 2018, respectively. South America revenues include Chile revenues of Ps. 47,208, Ps. 45,276 and Ps. 44,576 during the years ended December 31, 2020,  2019 and 2018, respectively. South America revenues include Uruguay revenues of Ps. 3,124, Ps. 3,421 and Ps. 1,925 during the years ended December 31, 2020 and 2018, respectively. South America revenues include Ecuador revenues of Ps. 9,467 and Ps.6,539 during the years ended December 31, 2020 and 2019, respectively.