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Investments in Other Entities (Tables) | 12 Months Ended
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Dec. 31, 2023
Disclosure of joint ventures [abstract] |
Summary of Investments in Other Entities | As of December 31, 2023 and 2022 the investment in other entities is comprised of the following:
| 2023 | 2022
Investment in Associates and Joint Ventures | Ps. 9,246 | Ps. 8,452
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 | 2023 | 2022 | 2023 | 2022
Joint ventures: |  |  |  |  |  |
Compañía Panameña de Bebidas, S.A.P.I. de C.V. | Beverages | Mexico | 50.0 | % | 50.0 | % | Ps. — | Ps. —
Dispensadoras de Café, S.A.P.I. de C.V. | Services | Mexico | 50.0 | % | 50.0 | % | 223 | 189
Fountain Agua Mineral, LTDA | Beverages | Brazil | 50.0 | % | 50.0 | % | 808 | 752
Planta Nueva Ecología De Tabasco, S.A. de C.V. | Recycling | Mexico | 50.0 | % | 50.0 | % | 1,139 | 578
Associates: |  |  |  |  |  |
Promotora Industrial Azucarera, S.A. de C.V. (“PIASA”) (1) | Sugar production | Mexico | 36.4 | % | 36.4% | 3,454 | 3,632
Jugos del Valle, S.A.P.I. de C.V. (1) | Beverages | Mexico | 28.2 | % | 29.3% | 2,831 | 2,267
Leao Alimentos e Bebidas, LTDA (1) | Beverages | Brazil | 25.1 | % | 25.1% | 298 | 388
Industria Envasadora de Querétaro, S.A. de C.V. (“IEQSA”) (1) | Canned bottling | Mexico | 26.5 | % | 26.5% | 215 | 157
Industria Mexicana de Reciclaje, S.A. de C.V. (“IMER”) (1) | Recycling | Mexico | 35.0 | % | 35.0% | 99 | 100
Alimentos de Soja S.A.U. | Beverages | Argentina | 10.7 | % | 10.7% | 23 | 282
Others | Various | Various | Various | Various | 156 | 107
|  |  |  |  | Ps. 9,246 | Ps. 8,452
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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