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Consolidated Income Statements
$ in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
USD ($)
$ / shares
Dec. 31, 2024
MXN ($)
$ / shares
Dec. 31, 2023
MXN ($)
$ / shares
Dec. 31, 2022
MXN ($)
$ / shares
Statement [Line Items]        
Net sales $ 37,187 [1] $ 775,551 $ 699,640 $ 595,543
Other operating revenues 289 [1] 6,034 3,052 1,465
Total revenues 37,476 [1] 781,585 702,692 597,008
Cost of goods sold 22,060 [1] 460,072 423,185 355,490
Gross profit 15,416 [1] 321,513 279,507 241,518
Administrative expenses 1,874 [1] 39,085 32,307 28,077
Selling expenses 10,163 [1] 211,966 188,732 149,145
Other income 172 [1] 3,588 13,102 1,051
Other expenses 453 [1] 9,440 6,252 2,896
Interest expense 959 [1] 20,002 14,916 15,853
Interest income 571 [1] 11,910 17,609 3,769
Foreign exchange gain (loss) , net 572 [1] 11,929 (9,849) (3,696)
Gain on monetary position for subsidiaries in hyperinflationary economies 10 [2] 209 94 527
Market value loss on financial instruments (101) [1] (2,109) (440) (706)
Income before income taxes and share in the profit of equity method accounted investees 3,191 [1] 66,547 57,816 46,496
Total income taxes attributable to continued operation 1,219 [1] 25,433 12,971 13,275
Share in the (loss) profit of equity method accounted investees, net of income taxes (48) [1] (993) (406) 99
Net income from continuing operations 1,924 [1] 40,121 44,439 33,320
Net income from discontinued operations 6 [1] 115 32,238 1,423
CONSOLIDATED NET INCOME 1,930 [3] 40,236 76,677 34,743
Controlling interest 1,283 [1] 26,735 65,689 23,909
Non-controlling interest 647 [1] 13,501 10,988 10,834
Aggregate continuing and discontinued operations        
Statement [Line Items]        
Gain on monetary position for subsidiaries in hyperinflationary economies $ 10 [1] 209 94 531
CONSOLIDATED NET INCOME   $ 40,121 $ 44,439 $ 33,320
Series B shares        
Basic earnings per share from continuing operations attributable to equity holders of the parent        
Controlling interest basic earnings (loss) per share from continuing operations | (per share) $ 0.06 [1] $ 1.34 $ 1.67 $ 1.12
Basic earnings per share from discontinued operations (in dollars per share) | (per share) 0 [1] 0.01 1.61 0.07
Diluted earnings per share from continuing operations attributable to equity holders of the parent        
Controlling interest diluted earnings (loss) per share from continuing operations | (per share) 0.06 [1] 1.33 1.67 1.12
Diluted earnings per share from discontinued operations (in dollars per share) | (per share) 0 [1] 0.01 1.61 0.07
Series D shares        
Basic earnings per share from continuing operations attributable to equity holders of the parent        
Controlling interest basic earnings (loss) per share from continuing operations | (per share) 0.08 [1] 1.70 2.09 1.40
Basic earnings per share from discontinued operations (in dollars per share) | (per share) 0 [1] 0.01 2.02 0.09
Diluted earnings per share from continuing operations attributable to equity holders of the parent        
Controlling interest diluted earnings (loss) per share from continuing operations | (per share) 0.08 [1] 1.69 2.09 1.40
Diluted earnings per share from discontinued operations (in dollars per share) | (per share) $ 0 [1] $ 0.01 $ 2.01 $ 0.09
[1] Convenience translation to U.S. dollars ($) – See Note 2.2.4
[2] Convenience translation to U.S. dollars ($) – See Note 2.2.4
[3] Convenience translation to U.S. dollars ($) – See Note 2.2.4