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Investments in Other Entities (Tables) | 12 Months Ended
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Dec. 31, 2018
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Summary of Investments in Other Entities | As of December 31, 2018 and 2017 the investment in other entities is integrated as follows:
|  | 2018 |  |  | 2017 |
Investment in Associates and Joint Ventures |  | Ps. | 10,518 |  |  | Ps. | 11,501 |
Investment in Venezuelan operations |  |  | — |  |  |  | 1,039 |
Total |  | Ps. | 10,518 |  |  | Ps. | 12,540 |
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 |  |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
Joint ventures: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Compañía Panameña de Bebidas, S.A.P.I. de C.V. |  |  | Beverages |  |  |  | Mexico |  |  |  | 50.0 | % |  |  | 50.0 | % |  | Ps. | 1,550 |  |  | Ps. | 2,036 |
Dispensadoras de Café, S.A.P.I. de C.V. |  |  | Services |  |  |  | Mexico |  |  |  | 50.0 | % |  |  | 50.0 | % |  |  | 162 |  |  |  | 153 |
Fountain Agua Mineral, LTDA |  |  | Beverages |  |  |  | Brazil |  |  |  | 50.0 | % |  |  | 50.0 | % |  |  | 826 |  |  |  | 784 |
Associates: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Promotora Industrial Azucarera, S.A. de C.V. (“PIASA”) (1) |  |  | Sugar production |  |  |  | Mexico |  |  |  | 36.4 | % |  |  | 36.4 | % |  |  | 3,120 |  |  |  | 2,933 |
Jugos del Valle, S.A.P.I. de C.V. (1) |  |  | Beverages |  |  |  | Mexico |  |  |  | 26.3 | % |  |  | 26.3 | % |  |  | 1,571 |  |  |  | 1,560 |
Leao Alimentos e Bebidas, LTDA (1) |  |  | Beverages |  |  |  | Brazil |  |  |  | 24.7 | % |  |  | 24.4 | % |  |  | 2,084 |  |  |  | 3,001 |
UBI 3 Participacoes, LTDA(1) |  |  | Beverages |  |  |  | Brazil |  |  |  | 26.0 | % |  |  | 26.0 | % |  |  | 7 |  |  |  | 391 |
Industria Envasadora de Querétaro, S.A. de C.V. (“IEQSA”) (1) |  |  | Caned bottling |  |  |  | Mexico |  |  |  | 26.5 | % |  |  | 26.5 | % |  |  | 179 |  |  |  | 177 |
Industria Mexicana de Reciclaje, S.A. de C.V. (“IMER”) (1) |  |  | Recycling |  |  |  | Mexico |  |  |  | 35.0 | % |  |  | 35.0 | % |  |  | 129 |  |  |  | 121 |
KSP Participacoes, LTDA (1) |  |  | Beverages |  |  |  | Brazil |  |  |  | 31.4 | % |  |  | 38.7 | % |  |  | 104 |  |  |  | 117 |
Other |  |  | Various |  |  |  | Various |  |  |  | Various |  |  |  | Various |  |  |  | 786 |  |  |  | 228 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | Ps. 10,518 |  |  | Ps. 11,501 |
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.

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