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Investments in Other Entities (Tables) | 12 Months Ended
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Dec. 31, 2020
Disclosure of joint ventures [abstract] |
Summary of Investments in Other Entities | As of December 31, 2020 and 2019 the investment in other entities is comprised of the following:
| 2020 | 2019
Investment in Associates and Joint Ventures | Ps. 7,623 | Ps. 9,751
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 are as follows:
|  |  | Ownership Percentage | Carrying Amount
Investee | Principal Activity | Place of Incorporation | 2020 | 2019 | 2020 | 2019
Joint ventures: |  |  |  |  |  |
Compañía Panameña de Bebidas, S.A.P.I. de C.V. | Beverages | Mexico | 50.0 | % | 50.0 | % | Ps. — | Ps. 486
Dispensadoras de Café, S.A.P.I. de C.V. | Services | Mexico | 50.0 | % | 50.0 | % | 181 | 172
Fountain Agua Mineral, LTDA | Beverages | Brazil | 50.0 | % | 50.0 | % | 720 | 851
Associates: |  |  |  |  |  |
Promotora Industrial Azucarera, S.A. de C.V. (“PIASA”) (1) | Sugar production | Mexico | 36.4 | % | 36.4% | 3,335 | 3,274
Jugos del Valle, S.A.P.I. de C.V. (1) | Beverages | Mexico | 28.8 | % | 28.8% | 1,945 | 1,929
Leao Alimentos e Bebidas, LTDA (1) | Beverages | Brazil | 24.7 | % | 24.7% | 446 | 1,931
Industria Envasadora de Querétaro, S.A. de C.V. (“IEQSA”) (1) | Canned bottling | Mexico | 26.5 | % | 26.5% | 192 | 194
Industria Mexicana de Reciclaje, S.A. de C.V. (“IMER”) (1) | Recycling | Mexico | 35.0 | % | 35.0% | 121 | 121
Others | Various | Various | Various | Various | 683 | 793
|  |  |  |  | Ps. 7,623 | Ps. 9,751
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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