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Balances and Transactions with Related Parties and Affiliated Companies | 12 Months Ended
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Dec. 31, 2018
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Balances and Transactions with Related Parties and Affiliated Companies | Note 14. Balances and Transactions with Related Parties and Affiliated Companies Balances and transactions between the Company and its subsidiaries, which are related parties of the Company, have been eliminated on consolidation and are not disclosed in this Note. The consolidated statements of financial position and consolidated statements of income include the following balances and transactions with related parties and affiliated companies:
|  | 2018 |  |  | 2017 |
Balances: |  |  |  |  |  |  |  |
Assets (current included in accounts receivable) |  |  |  |  |  |  |  |
Due from FEMSA and Subsidiaries (see Note 7) (1) (3) |  | Ps. | 783 |  |  | Ps. | 402 |
Due from The Coca-Cola Company (see Note 7) (1) (3) |  |  | 1,173 |  |  |  | 2,054 |
Due from Heineken Group (1) |  |  | 243 |  |  |  | 290 |
Other receivables (1) |  |  | 332 |  |  |  | 27 |
Shareholders Vonpar (see Note 7) |  |  | — |  |  |  | 1,219 |
|  | Ps. | 2,531 |  |  | Ps. | 3,992 |
|  | 2018 |  |  | 2017 |
Liabilities (current included in suppliers and other liabilities and loans) |  |  |  |  |  |  |  |
Due to FEMSA and Subsidiaries (2) (3) |  | Ps. | 1,371 |  |  | Ps. | 1,038 |
Due to The Coca-Cola Company (2) (3) |  |  | 3,893 |  |  |  | 3,731 |
Due to Heineken Group(2) |  |  | 1,446 |  |  |  | 1,348 |
Other payables (2) |  |  | 820 |  |  |  | 330 |
|  | Ps. | 7,530 |  |  | Ps. | 6,447 |
(1) | Presented within accounts receivable.
(2) | Recorded within accounts payable and suppliers
(3) | Parent
Balances due from related parties are considered to be recoverable. Accordingly, for the years ended December 31, 2018 and 2017, there was no expense resulting from the un- collectability of balances due from related parties. Details of transactions between the Company and other related parties are disclosed as follows:
Transactions |  | 2018 |  |  | 2017 |  |  | 2016 |
Income: |  |  |  |  |  |  |  |  |  |  |  |
Sales to affiliated parties |  | Ps. | 5,200 |  |  | Ps. | 4,761 |  |  | Ps. | 4,274 |
Ades |  |  | 592 |  |  |  | — |  |  |  | — |
Heineken |  |  | 4 |  |  |  | — |  |  |  | — |
Interest income received from Compañía Panameña de Bebidas, S.A.P.I. de C.V. |  |  | — |  |  |  | — |  |  |  | 1 |
Interest income received from BBVA Bancomer, S.A. de C.V. |  |  | 180 |  |  |  | 138 |  |  |  | 17 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Purchases and other expenses of FEMSA |  |  | 8,878 |  |  |  | 7,773 |  |  |  | 8,328 |
Purchases of concentrate from The Coca-Cola Company |  |  | 32,379 |  |  |  | 30,758 |  |  |  | 38,146 |
Purchases of raw material, beer and operating expenses from Heineken |  |  | 14,959 |  |  |  | 13,608 |  |  |  | 8,823 |
Advertisement expense paid to The Coca-Cola Company |  |  | 2,193 |  |  |  | 1,392 |  |  |  | 2,354 |
Purchases from Jugos del Valle |  |  | 2,872 |  |  |  | 2,604 |  |  |  | 2,428 |
Purchase of sugar to Promotora Industrial Azucarera, S.A. de C.V. |  |  | 2,604 |  |  |  | 1,885 |  |  |  | 1,765 |
Purchase of sugar from Beta San Miguel |  |  | 651 |  |  |  | 1,827 |  |  |  | 1,349 |
Purchase of sugar, cans and aluminum lids to Promotora Mexicana de Embotelladores, S.A. de C.V. |  |  | — |  |  |  | 839 |  |  |  | 759 |
Purchase of canned products to Industria Envasadora de Queretaro, S.A. de C.V. |  |  | 596 |  |  |  | 804 |  |  |  | 798 |
Purchase of inventories to Leao Alimentos e Bebidas, LTDA |  |  | 2,654 |  |  |  | 4,010 |  |  |  | 3,448 |
Purchase of resin from Industria Mexicana de Reciclaje, S.A. de C.V. |  |  | 298 |  |  |  | 267 |  |  |  | 265 |
Donations to Instituto Tecnologico y de Estudios Superiores de Monterrey, A.C. (1) (2) |  |  | 127 |  |  |  | 47 |  |  |  | 1 |
Donations to Fundación Femsa, A.C. |  |  | 179 |  |  |  | 2 |  |  |  | 92 |
Interest expense paid to The Coca-Cola Company |  |  | — |  |  |  | 11 |  |  |  | — |
Insurance premiums for policies with Grupo Nacional Provincial, S.A.B. (1) |  |  | — |  |  |  | — |  |  |  | 1 |
Interest and fees paid to Bancomer |  |  | 168 |  |  |  | — |  |  |  | — |
Other expenses with related parties |  |  | 79 |  |  |  | 202 |  |  |  | 185 |
(1) | One or more members of the Board of Directors or senior management of the Company are also members of the Board of Directors or senior management of the counterparties to these transactions.
(2) | In 2018 and 2017, there were donations to ITESM made through Fundacion FEMSA as intermediary for Ps. 127 and Ps. 47 respectively
The benefits and aggregate compensation paid to executive officers and senior management of the Company, recognized as an expense during the reporting period were as follows:
|  | 2018 |  |  | 2017 |  |  | 2016 |
Current employee benefits |  | Ps. | 705 |  |  | Ps. | 621 |  |  | Ps. | 652 |
Termination benefits |  |  | 57 |  |  |  | 27 |  |  |  | 154 |
Shared based payments |  |  | 157 |  |  |  | 316 |  |  |  | 258 |

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