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Other Income and Expenses

12 Months Ended

Dec. 31, 2021

IFRS Text Block [Abstract]

Other Income and Expenses

Note 20. Other Income and Expenses

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​	​	​	​	​	​	​	​	​	​
​		2021			2020			2019
Gain on sale of other assets		Ps.	968		Ps.	—		Ps.	—
Gain on sale of long-lived assets		​	208		​	130		​	—
Sale of waste material		​	25		​	20		​	21
Insurance rebates		​	71		​	35		​	—
Foreign exchange gain		​	—		​	112		​	26
Other investment in shares (5)	​	​	3,245	​	​	2,011	​	​	—
Recycling of cumulative gain on sale of joint venture	​	​	—	​	​	212	​	​	—
Recoveries of prior years(1)		​	881		​	594		​	896
Others		​	489		​	229		​	70
Other income		Ps.	5,887		Ps.	3,343		Ps.	1,013
Contingencies associated with prior acquisitions or disposals		Ps.	—		Ps.	—		Ps.	149
Loss on sale of property, plant and equipment		​	—		​	—		​	67
Recoveries of prior years		​	41		​	—		​	44
Impairment of long-lived assets (2)		​	1,427		​	5,102		​	1,018
Loss in write-off of intangible assets	​	​	—	​	​	375	​	​	—
Disposal of long-lived assets (3)		​	579		​	915		​	861
Contingencies		​	187		​	804		​	589
Severance payments (4)		​	305		​	465		​	1,207
Donations		​	433		​	605		​	489
Legal fees and other expenses from past acquisitions		​	127		​	—		​	17
Foreign exchange loss		​	86		​	—		​	—
Items without tax requirements		​	172		​	—		​	—
Effect of taxes paid on previous years (6)	​	​	—	​	​	3,253	​	​	—
Other		​	370		​	862		​	464
Other expenses		Ps.	3,727		Ps.	12,381		Ps.	4,905

(1) Following a favorable decision from Brazilian tax authorities received during 2020 and 2019, Coca-Cola FEMSA has been entitled to reclaim indirect tax payments made in prior years in Brazil, resulting in the recognition of a tax credit and a positive effect on the operating revenues and other income captions of the condensed consolidated income statements. See Note 25.1.1.

(2) Includes impairment loss related to Corporación Grupo FYBECA S.A. (FEMSA Comercio-Health Division) and Campo Verde (Coca-Cola FEMSA), for an amount of Ps. 1,170 and Ps. 256, respectively in 2021. Likewise, includes impairment loss related to Compañía Panameña de Bebibas, S.A.P.I. de C.V., for an amount of Ps. 1,463 and Ps. 948 million in 2020 and 2019, respectively. Additionally, includes impairment loss related to Leao Alimentos e Bebidas, L.T.D.A., for an amount of Ps. 1,038 million in 2020. (see Note 10). Also, includes impairment loss related to Specialty’s, and Doña Tota in 2020 for an amount of Ps. 2,021 and Ps. 576, respectively. The impairment losses in 2020 were mainly driven by mobility restrictions that impacted customer behavior and the economic crisis generated by the COVID-19 pandemic.

(3) Charges related to fixed assets retirement from ordinary operations and other long-lived assets.

(4) During 2019, the Company incurred restructuring costs related to some of its operations as part of an efficiency program.

(5) During 2021 and 2020, the Company received a dividend income related to its investment in Jetro Restaurant Depot.

(6) Interest and penalties associated with taxes paid from previous years.

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