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Investments in Other Entities (Tables) | 12 Months Ended
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Dec. 31, 2019
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Summary of Investments in Other Entities | As of December 31, 2019 and 2018 the investment in other entities is comprised of the following:
|  | 2019 |  |  | 2018 |
Investment in Associates and Joint Ventures |  | Ps. | 9,751 |  |  | Ps. | 10,518 |
Summary of Associates and Joint Ventures | Details of the investment in associates and joint ventures accounted for under the equity method at the end of the reporting period as follows:
|  | Principal Activity |  |  | Place of Incorporation |  |  | Ownership Percentage |  |  | Carrying Amount |
Investee |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Joint ventures: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Compañía Panameña de Bebidas, S.A.P.I. de C.V. |  |  | Beverages |  |  |  | Mexico |  |  |  | 50.0 | % |  |  | 50.0 | % |  | Ps. | 486 |  |  | Ps. | 1,550 |
Dispensadoras de Café, S.A.P.I. de C.V. |  |  | Services |  |  |  | Mexico |  |  |  | 50.0 | % |  |  | 50.0 | % |  |  | 172 |  |  |  | 162 |
Fountain Agua Mineral, LTDA |  |  | Beverages |  |  |  | Brazil |  |  |  | 50.0 | % |  |  | 50.0 | % |  |  | 851 |  |  |  | 826 |
Associates: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Promotora Industrial Azucarera, S.A. de C.V. (“PIASA”) (1) |  |  | Sugar production |  |  |  | Mexico |  |  |  | 36.4 | % |  |  | 36.4 | % |  |  | 3,274 |  |  |  | 3,120 |
Jugos del Valle, S.A.P.I. de C.V. (1) |  |  | Beverages |  |  |  | Mexico |  |  |  | 28.8 | % |  |  | 26.3 | % |  |  | 1,929 |  |  |  | 1,571 |
Leao Alimentos e Bebidas, LTDA (1) |  |  | Beverages |  |  |  | Brazil |  |  |  | 24.7 | % |  |  | 24.7 | % |  |  | 1,931 |  |  |  | 2,084 |
Industria Envasadora de Querétaro, S.A. de C.V. (“IEQSA”) (1) |  |  | Canned bottling |  |  |  | Mexico |  |  |  | 26.5 | % |  |  | 26.5 | % |  |  | 194 |  |  |  | 179 |
Industria Mexicana de Reciclaje, S.A. de C.V. (“IMER”) (1) |  |  | Recycling |  |  |  | Mexico |  |  |  | 35.0 | % |  |  | 35.0 | % |  |  | 121 |  |  |  | 129 |
Others |  |  | Various |  |  |  | Various |  |  |  | Various |  |  |  | Various |  |  |  | 793 |  |  |  | 897 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Ps. | 9,751 |  |  | Ps. | 10,518 |
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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