XML 61 R40.htm IDEA: XBRL DOCUMENT
v3.22.1

Mergers, Acquisitions and Disposals (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Statement [Line Items] |
Summary of Unaudited Pro Forma Financial Information | ​
​ | ​ | ​ | ​
​ |  | ​
​ | ​ | For the year ended
​ | ​ | December 31, 2021
Total revenues | ​ | Ps. | 565,838
Income before income taxes and share of the profit of equity method accounted investees | ​ | ​ | 41,313
Net income |  | ​ | 37,800
Basic net controlling interest income per share Series “B” |  | Ps. | 1.43
Basic net controlling interest income per share Series “D” |  | ​ | 1.78
​
​ | ​ | ​ | ​
​ |  | ​
​ | ​ | For the year ended
​ | ​ | December 31, 2020
Total revenues |  | Ps. | 508,367
Income before income taxes and share of the profit of equity method accounted investees |  | ​ | 20,019
Net income |  | ​ | 4,464
Basic net controlling interest income per share Series “B” |  | Ps. | (0.06)
Basic net controlling interest income per share Series “D” |  | ​ | (0.08)
​
​ | ​ | ​ | ​
​ |  | ​
​ | ​ | For the year ended
​ | ​ | December 31, 2019
Total revenues |  | Ps. | 516,496
Income before income taxes and share of the profit of equity method accounted investees |  | ​ | 33,823
Net income |  | ​ | 29,516
Basic net controlling interest income per share Series “B” |  | Ps. | 1.11
Basic net controlling interest income per share Series “D” |  | ​ | 1.38
Specialty's Caf & Bakery, Inc |
Statement [Line Items] |
Summary of Income Statement of Discontinued Operations | ​
​ | ​ | ​ | ​
​ |  | 2020
Impairment of long-lived assets |  | Ps. | 2,021
Acquisition Of WAXIE Sanitary Supply And North American Corporation |
Statement [Line Items] |
Summary of Preliminary Estimate of Fair Value of Net Assets Acquired and Reconciliation of Cash Flows | ​
​ | ​ | ​ | ​
​ | ​ | 2020
Total current assets (including cash acquired of Ps. 138) | ​ | Ps. | 2,162
Customer relationships and trademark | ​ | ​ | 10,698
Other non-current assets | ​ | ​ | 1,954
Total assets | ​ | ​ | 14,814
Total liabilities | ​ | ​ | (3,523)
Net assets acquired | ​ | ​ | 11,291
Goodwill | ​ | ​ | 10,241
Non-controlling interest (1) | ​ | ​ | (1,299)
Total consideration transferred in cash | ​ | ​ | 20,233
Cash acquired | ​ | ​ | 138
Net cash paid | ​ | Ps. | 20,095
(1)Non-controlling interests were measured using the net asset value method.
Summary of Selected Income Statement for Period from Acquisition Date | ​
​ | ​ | ​ | ​
Income Statement |  | 2020
Total revenues |  | Ps. | 11,275
Income before income taxes |  | ​ | 525
Net income |  | Ps. | 498
Other acquisitions |
Statement [Line Items] |
Summary of Preliminary Estimate of Fair Value of Net Assets Acquired and Reconciliation of Cash Flows | ​
​ | ​ | ​ | ​
​ | ​ | ​ | ​
​ | ​ | ​ | ​
​ |  | 2021
Total current assets (including cash acquired of Ps. 337) |  | Ps. | 2,930
Total non-current assets |  | ​ | 1,313
Total assets |  | ​ | 4,243
Total liabilities |  | ​ | 2,234
Net assets acquired |  | ​ | 2,009
Goodwill and intangible assets pending of allocation (1) |  | ​ | 7,940
Total consideration transferred |  | ​ | 9,949
Cash acquired |  | ​ | 337
Net cash paid |  | Ps. | 9,612
(1) | Goodwill and intangible assets pending allocation would include customer relationships and trademarks which are expected to be approximately 48% of goodwill and intangible assets pending of allocation. The company estimate that the amortization expense of customer relationships during 2021 is not significant.
​
​ | ​ | ​ | ​
​ |  | 2019
Total current assets (including cash acquired of Ps. 389) |  | Ps. | 4,058
Total non-current assets |  | ​ | 6,761
Total assets |  | ​ | 10,819
Total liabilities |  | ​ | (8,178)
Net assets acquired |  | ​ | 2,641
Goodwill (1) |  | ​ | 5,219
Non-controlling interest (2) |  | ​ | (53)
Total consideration transferred |  | ​ | 7,807
Amount to be paid |  | ​ | 147
Cash acquired |  | ​ | 389
Net cash paid |  | ​ | 7,271
(1)As a result of the purchase price allocation which was finalized in 2020, additional fair value adjustments from those recognized in 2019 have been recognized as follows: an increase in total net assets of Ps. 1,460 (from which Ps. 908 are customer relationships and Ps. 389 trademark rights), a decrease in goodwill of Ps. 1,323 and an additional consideration transferred during 2020 of Ps. 137. (2)Non-controlling interests were measured using the net asset value method.
Summary of Selected Income Statement for Period from Acquisition Date | ​
​ | ​ | ​ | ​
Income Statement |  | 2021
Total revenues |  | Ps. | 2,187
Income before income taxes |  | ​ | 46
Net income |  | Ps. | 46
​ The income statement information of these acquisitions for the period from the acquisition date through to December 31, 2019 is as follows:
​ | ​ | ​ | ​
Income Statement |  | 2019
Total revenues |  | Ps. | 8,594
Income before income taxes |  | ​ | 37
Net loss |  | Ps. | 1

X
- Definition Disclosure of income statement of significant associate explanatory. + References No definition available. + Details
Name: | fmx_DisclosureOfIncomeStatementOfSignificantAssociateExplanatory
Namespace Prefix: | fmx_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of unaudited pro forma financial data. + References No definition available. + Details
Name: | fmx_DisclosureOfUnauditedProFormaFinancialDataExplanatory
Namespace Prefix: | fmx_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | fmx_IfrsStatementLineItems
Namespace Prefix: | fmx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the analysis of the single amount of discontinued operations. [Refer: Discontinued operations [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 5 -IssueDate 2021-01-01 -Paragraph 33 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=5&code=ifrs-tx-2021-en-r&anchor=para_33_b&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of detailed information about business combinations. [Refer: Business combinations [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 3 -IssueDate 2021-01-01 -Section Disclosures application of paragraphs 59 and 61 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=3&code=ifrs-tx-2021-en-r&doctype=Appendix&subtype=B&dita_xref=IFRS03_gB64-B67_TI -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ifrs-full_ContinuingAndDiscontinuedOperationsAxis=fmx_SpecialtysCafBakeryIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BusinessCombinationsAxis=fmx_AcquisitionOfWaxieSanitarySupplyAndNorthAmericanCorporationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BusinessCombinationsAxis=ifrs-full_AggregatedIndividuallyImmaterialBusinessCombinationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |