Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2017

Disclosure of Exchange Rates of Local Currencies Translated to Mexican Pesos

The translation of assets and liabilities denominated in foreign currencies into mexican pesos is for consolidation purposes and does not indicate that the Company could realize or settle the reported value of those assets and liabilities in mexican pesos. Additionally, this does not indicate that the Company could return or distribute the reported mexican peso value in equity to its shareholders.


		Exchange Rates of Local Currencies Translated to mexican pesos⁽¹⁾
		Average Exchange Rate for									Exchange Rate as of December 31,
Country or Zone	Moneda Funcional	2017			2016			2015			2017			2016
Mexico	Mexican peso	Ps.	1.00		Ps.	1.00		Ps.	1.00		Ps.	1.00		Ps.	1.00
Guatemala	Quetzal	2.	57		2.	46		2.	07		2.	69		2.	75
Costa Rica	Colon	0.	03		0.	03		0.	03		0.	03		0.	04
Panama	U.S Dollar	18.	93		18.	66		15.	85		19.	74		20.	66
Colombia	Colombian peso	0.	01		0.	01		0.	01		0.	01		0.	01
Nicaragua	Cordoba	0.	63		0.	65		0.	58		0.	64		0.	70
Argentina	Argentine peso	1.	15		1.	26		1.	71		1.	06		1.	30
Venezuela (a)	Bolivar		(a	)		(a	)		(a	)		(a	)		(a	)
Brazil	Reais	5.	94		5.	39		4.	81		5.	97		6.	34
Philippines	Philippines peso	0.	38		0.	39		0.	35		0.	40		0.	41

⁽¹⁾	Exchange rates published by the central bank of each country

(a)

Venezuela

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

As of December 31, 2017, 2016, and 2015, the operations of the Company are classified as follows:


Country	Cumulative Inflation 2015- 2017			Type of Economy	Cumulative Inflation 2014- 2016			Type of Economy	Cumulative Inflation 2013- 2015			Type of Economy
Mexico		12.7	%	Non-hyperinflationary		9.9	%	Non-hyperinflationary		10.5	%	Non-hyperinflationary
Guatemala		13.5	%	Non-hyperinflationary		10.6	%	Non-hyperinflationary		10.8	%	Non-hyperinflationary
Costa Rica		2.5	%	Non-hyperinflationary		5.1	%	Non-hyperinflationary		8.1	%	Non-hyperinflationary
Panama		2.3	%	Non-hyperinflationary		2.8	%	Non-hyperinflationary		5.1	%	Non-hyperinflationary
Colombia		17.5	%	Non-hyperinflationary		17.0	%	Non-hyperinflationary		12.8	%	Non-hyperinflationary
Nicaragua		12.3	%	Non-hyperinflationary		13.1	%	Non-hyperinflationary		15.8	%	Non-hyperinflationary
Argentina (a)		101.5	%	Non-hyperinflationary		99.7	%	Non-hyperinflationary		59.2	%	Non-hyperinflationary
Venezuela		30,690	%	Hyperinflationary		2,263.0	%	Hyperinflationary		562.9	%	Hyperinflationary
Brazil		21.1	%	Non-hyperinflationary		25.2	%	Non-hyperinflationary		24.7	%	Non-hyperinflationary
Philippines		7.5	%	Non-hyperinflationary		5.7	%	Non-hyperinflationary		8.3	%	Non-hyperinflationary

(a)

Argentina

Disclosure of Estimated Useful Lives of Company's Principal Assets

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


		Years
Buildings		40 – 50
Machinery and equipment		10 – 20
Distribution equipment		7 – 15
Refrigeration equipment		5 – 7
Returnable bottles		1.5 – 4
Other equipment		3 – 10