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Investments in Other Entities (Tables)
12 Months Ended
Dec. 31, 2017
Text block1 [abstract]  
Summary of Investments in Other Entities

As of December 31, 2017 and 2016 the investment in other entities is integrated as follows:

 

     2017      2016  

Investment in Associates and Joint Ventures

   Ps. 11,501      Ps. 22,357  

Venezuela Investment

     1,039        —    
  

 

 

    

 

 

 
   Ps. 12,540      Ps. 22,357  
  

 

 

    

 

 

 

Summary of Associates and Joint Ventures

Details of the investment in associates and joint ventures are accounted for under the equity method at the end of the reporting period as follows:

 

                   Ownership Percentage     Carrying Amount  
Investee    Principal
Activity
     Place of
Incorporation
     2017     2016     2017      2016  

Joint ventures:

               

Compañía Panameña de Bebidas, S.A.P.I. de C.V.

     Beverages        Mexico        50.0     50.0     Ps.2,036        Ps.1,911  

Dispensadoras de Café, S.A.P.I. de C.V.

     Services        Mexico        50.0     50.0     153        145  

Estancia Hidromineral Itabirito, LTDA

    

Bottling and

Distribution

 

 

     Brazil        50.0     50.0     —          96  

Fountain Agua Mineral, LTDA

     Beverages        Brazil        50.0     50.0     784        765  

Coca-Cola FEMSA Philippines, Inc.

     Bottling        Philippines        —         51.0     —          11,460  

Associates:

               

Promotora Industrial Azucarera, S.A. de C.V. (“PIASA”) (1)

     Sugar production        Mexico        36.4     36.4     2,933        2,657  

Jugos del Valle, S.A.P.I. de C.V. (1)

     Beverages        Mexico        26.3     26.3     1,560        1,574  

Leao Alimentos e Bebidas, LTDA (1)

     Beverages        Brazil        24.4     27.7     3,001        3,282  

UBI 3 Participacoes, LTDA(1)

     Beverages        Brazil        26     —         391        —    

Industria Envasadora de Querétaro, S.A. de C.V. (“IEQSA”) (1)

     Caned bottling        Mexico        26.5     26.5     177        177  

Industria Mexicana de Reciclaje, S.A. de C.V. (“IMER”) (1)

     Recycling        Mexico        35.0     35.0     121        100  

KSP Participacoes, LTDA (1)

     Beverages        Brazil        38.7     38.7     117        126  

Other

     Various        Various        Various       Various       228        64  
            

 

 

    

 

 

 
               Ps.11,501        Ps.22,357  
            

 

 

    

 

 

 

Accounting method:

 

(1) The Company has significant influence due to the fact that it has power to participate in the financial and operating policy decisions of the investee.