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Non-Controlling Interest in Consolidated Subsidiaries (Tables) | 12 Months Ended
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Dec. 31, 2019
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Summary of Non Controlling Interest in Consolidated Subsidiaries | An analysis of Coca-Cola FEMSA’s non-controlling interest in its consolidated subsidiaries for the years ended December 31, 2019, 2018 and 2017 is as follows:
|  | 2019 |  |  | 2018 |  |  | 2017 |
Mexico |  | Ps. | 5,671 |  |  | Ps. | 5,700 |  |  | Ps. | 5,994 |
Colombia |  |  | 21 |  |  |  | 21 |  |  |  | 23 |
Brazil |  |  | 1,059 |  |  |  | 1,085 |  |  |  | 1,224 |
Philippines |  |  | — |  |  |  | — |  |  |  | 10,900 |
|  | Ps. | 6,751 |  |  | Ps. | 6,806 |  |  | Ps. | 18,141 |
Summary of Changes in Non Controlling Interest | The changes in Coca-Cola FEMSA’s non-controlling interest were as follows:
|  | 2019 |  |  | 2018 |  |  | 2017 |
Balance at beginning of the period |  | Ps. | 6,806 |  |  | Ps. | 18,141 |  |  | Ps. | 7,096 |
Effects of business combination |  |  | — |  |  |  | — |  |  |  | 11,072 |
Net income of non-controlling interest |  |  | 529 |  |  |  | 1,159 |  |  |  | 1,148 |
Exchange differences on translation of foreign operations |  |  | (565 | ) |  |  | (1,338 | ) |  |  | (1,138 | )
Re-measurements of the net defined employee benefit liability |  |  | — |  |  |  | 37 |  |  |  | 38 |
Valuation of the effective portion of derivative financial instruments, net of taxes |  |  | (16 | ) |  |  | (41 | ) |  |  | (74 | )
Dividends paid |  |  | (3 | ) |  |  | — |  |  |  | (1 | )
Accounting standard adoption effects (see Note 2.4) |  |  | — |  |  |  | (12 | ) |  |  | — |
Philippines deconsolidation |  |  | — |  |  |  | (11,140 | ) |  |  | — |
Balance at end of the period |  | Ps. | 6,751 |  |  | Ps. | 6,806 |  |  | Ps. | 18,141 |

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