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Earnings per Share
12 Months Ended
Dec. 31, 2021
IFRS Text Block [Abstract]  
Earnings per Share

Note 24. Earnings per Share

Basic earnings per share amounts are calculated by dividing consolidated net income for the year attributable to controlling interest by the weighted average number of shares outstanding during the period adjusted for the weighted average of own shares purchased in the period.

Diluted earnings per share amounts are calculated by dividing consolidated net income for the year attributable to controlling interest by the weighted average number of shares outstanding during the period adjusted for the effects of dilutive potential shares (originated by the Company’s share-based payment program).

2021

2020

2019

 

Per Series

Per Series

Per Series

Per Series

Per Series

Per Series

 

“B” Shares

“D” Shares

“B” Shares

“D” Shares

“B” Shares

“D” Shares

(in millions of shares)

    

  

    

  

    

  

    

  

    

  

    

  

 

Weighted average number of shares for basic earnings per share

 

9,242.88

 

8,630.54

 

9,243.59

 

8,633.38

 

9,244.16

 

8,635.65

Effect of dilution associated with non-vested shares for share based payment plans

 

3.54

 

14.17

 

2.83

 

11.33

 

2.26

 

9.06

Weighted average number of shares adjusted for the effect of dilution (Shares outstanding)

 

9,246.42

 

8,644.71

 

9,246.42

 

8,644.71

 

9,246.42

 

8,644.71

Dividend rights per series (see Note 23.1)

 

100

%  

125

%  

100

%  

125

%  

100

%  

125

%

Weighted average number of shares further adjusted to reflect dividend rights

 

9,246.42

 

10,805.89

 

9,246.42

 

10,805.89

 

9,246.42

 

10,805.89

Basic earnings per share

 

1.42

 

1.78

 

(0.10)

 

(0.12)

 

1.03

 

1.29

Diluted earnings per share

 

1.42

 

1.78

 

(0.10)

 

(0.12)

 

1.03

 

1.29

Allocation of earnings, weighted

 

46.11

%  

53.89

%  

46.11

%  

53.89

%  

46.11

%  

53.89

%

Net controlling interest income allocated

 

Ps.

13,139

 

Ps.

15,356

 

Ps.

(890)

 

Ps.

(1,040)

 

Ps.

9,545

 

Ps.

11,154