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Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

IFRS Text Block [Abstract]

Disclosure of Exchange Rates of Local Currencies Translated to Mexican Pesos


				Exchange Rates of Local Currencies Translated to Mexican Pesos ⁽¹⁾
		Functional /		Average Exchange Rate for						Exchange Rate as of
		Recording								December 31,		December 31,
Country or Zone		Currency		2021		2020		2019		2021		2020
Guatemala		Quetzal		2.62		2.78		2.50		2.67		2.56
Costa Rica		Colon		0.03		0.04		0.03		0.03		0.03
Panama		U.S. dollar		20.28		21.49		19.26		20.58		19.95
Colombia		Colombian peso		0.01		0.01		0.01		0.01		0.01
Nicaragua		Cordoba		0.58		0.63		0.58		0.58		0.57
Argentina		Argentine peso		0.21		0.31		0.41		0.20		0.24
Brazil		Reais		3.76		4.18		4.89		3.69		3.84
Chile		Chilean peso		0.03		0.03		0.03		0.02		0.03
Euro Zone		Euro (€)		24.00		24.48		21.56		23.25		24.52
Peru		Nuevo Sol		5.22		6.15		5.77		5.15		5.51
Ecuador		U.S. dollar		20.28		21.49		19.26		20.58		19.95
United States		U.S. dollar		20.28		21.49		—		20.58		19.95
Uruguay		Uruguayan peso		0.47		0.51		0.55		0.46		0.47

(1)	Exchange rates published by the Central Bank of each country where the Company operates.

Disclosure of Recognition of Effects of Inflation in Countries with Hyperinflationary Economic Environments

As of December 31, 2021, 2020, and 2019, the operations of the Company are classified as follows:

Cumulative

Cumulative

Cumulative

Inflation

Inflation

Inflation

Country

2019- 2021

Type of Economy

2018- 2020

Type of Economy

2017- 2019

Type of Economy

Mexico

13.9

%

Non-hyperinflationary

11.2

%

Non-hyperinflationary

13.2

%

Non-hyperinflationary

Guatemala

11.7

%

Non-hyperinflationary

10.9

%

Non-hyperinflationary

11.8

%

Non-hyperinflationary

Costa Rica

5.8

%

Non-hyperinflationary

4.5

%

Non-hyperinflationary

5.8

%

Non-hyperinflationary

Panama

0.9

%

Non-hyperinflationary

(1.5)

%

Non-hyperinflationary

0.5

%

Non-hyperinflationary

Colombia

11.4

%

Non-hyperinflationary

8.8

%

Non-hyperinflationary

11.0

%

Non-hyperinflationary

Nicaragua

17.1

%

Non-hyperinflationary

13.5

%

Non-hyperinflationary

15.6

%

Non-hyperinflationary

Argentina (a)

216.1

%

Hyperinflationary

209.2

%

Hyperinflationary

179.4

%

Hyperinflationary

Brazil

20.0

%

Non-hyperinflationary

13.1

%

Non-hyperinflationary

11.1

%

Non-hyperinflationary

Euro Zone

5.8

%

Non-hyperinflationary

2.4

%

Non-hyperinflationary

3.6

%

Non-hyperinflationary

Chile

13.7

%

Non-hyperinflationary

8.8

%

Non-hyperinflationary

8.3

%

Non-hyperinflationary

Peru

10.6

%

Non-hyperinflationary

6.2

%

Non-hyperinflationary

5.2

%

Non-hyperinflationary

Ecuador

22.8

%

Non-hyperinflationary

(0.7)

%

Non-hyperinflationary

0.3

%

Non-hyperinflationary

United States

11.0

%

Non-hyperinflationary

3.7

Non-hyperinflationary

—

—

Uruguay

28.5

%

Non-hyperinflationary

28.5

%

Non-hyperinflationary

22.0

Non-hyperinflationary

Disclosure of Estimated Useful Lives of Company's Assets

The estimated useful lives of the Company’s assets are as follows:


		Years
Buildings		25-50
Machinery and equipment		7-15
Distribution equipment		4-10
Refrigeration equipment		5-7
Returnable bottles		1.5-3
Leasehold improvements		The shorter of the lease term or 15 years
Information technology equipment		3-5
Other equipment		3-10