XML 49 R18.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Other Current Assets and Other Current Financial Assets | 12 Months Ended
--- | ---
Dec. 31, 2023
Current assets [abstract] |
Other Current Assets and Other Current Financial Assets | Other Current Assets and Other Current Financial Assets 9.1 Other current assets
|  | December 31, 2023 |  | December 31, 2022
Prepaid expenses |  | Ps. | 3,331 |  | Ps. | 3,953
Agreements with customers, net of accumulated amortization |  |  | 126 |  |  | 208
Licenses |  |  | 233 |  |  | 247
Other |  |  | 127 |  |  | 70
|  | Ps. | 3,817 |  | Ps. | 4,478
As of December 31, 2023 and 2022, the Company’s prepaid expenses are as follows:
|  | December 31, 2023 |  | December 31, 2022
Advances for inventories |  | Ps. | 1,826 |  | Ps. | 1,964
Advertising and promotional expenses paid in advance |  |  | 96 |  |  | 119
Advances to service suppliers |  |  | 4 |  |  | 44
Prepaid leases |  |  | 63 |  |  | 64
Prepaid insurance |  |  | 674 |  |  | 332
Others |  |  | 668 |  |  | 1,430
|  | Ps. | 3,331 |  | Ps. | 3,953
For the years ended December 31, 2023, 2022 and 2021, the Company’s advertising and promotional expenses amounted to Ps. 6,778, Ps. 5,768 and Ps. 7,586, respectively. 9.2 Other current financial assets
|  | 2023 |  | 2022
Restricted cash |  | Ps. | 304 |  |  | Ps. | 1,103 |
Derivative financial instruments (see Note 21) |  |  | 431 |  |  |  | 10,061 |
Notes receivable (1) |  |  | 16,125 |  |  |  | 205 |
|  | Ps. | 16,860 |  |  | Ps. | 11,369 |
(1) In 2023, the Company sold its investment in Jetro Restaurant Depot. As part of the purchase sale agreement, a note receivable was agreed for U.S.$933 (Ps. 15,954), see Note 14.2. The Company has pledged part of its cash to fulfill the collateral requirements for the accounts payable in different currencies. As of December 31, 2023 and 2022, the restricted cash pledged was held in:
|  | 2023 |  | 2022
U.S. Dollars |  | Ps. | 304 |  | Ps. | 1,095
Chilean pesos |  |  | — |  |  | 8
|  | Ps. | 304 |  | Ps. | 1,103
The restricted cash in U.S. Dollars corresponds to operations in Brazil and relates to short term deposits in order to fulfill the collateral requirements for accounts payable.

X
- Definition Entire disclosure of other current assets and other financial assets. + References No definition available. + Details
Name: | fmx_DisclosureOfOtherCurrentAssetsAndOtherFinancialAssetsExplanatory
Namespace Prefix: | fmx_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_CurrentAssetsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration