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v3.25.1

Material Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2024
Disclosure of voluntary change in accounting policy [abstract] |
Disclosure of Exchange Rates of Local Currencies Translated to Mexican Pesos |
|  | Exchange Rates of Local Currencies Translated to Mexican Pesos (1)
|  | Average Exchange Rate for | Exchange Rate as of December 31,
Country or Zone | Functional currency | 2024 | 2023 | 2022 | 2024 | 2023
Mexico | Mexican peso | 1.00 | 1.00 | 1.00 | 1.00 | 1.00
Guatemala | Quetzal | 2.36 | 2.27 | 2.60 | 2.63 | 2.16
Costa Rica | Colon | 0.04 | 0.03 | 0.03 | 0.04 | 0.03
Panama | Balboa | 18.30 | 17.77 | 20.13 | 20.27 | 16.89
Colombia | Colombian peso | 0.005 | 0.004 | 0.005 | 0.005 | 0.004
Nicaragua | Cordoba | 0.50 | 0.49 | 0.56 | 0.55 | 0.46
Argentina | Argentine peso | 0.02 | 0.07 | 0.16 | 0.02 | 0.02
Brazil | Real | 3.39 | 3.56 | 3.90 | 3.27 | 3.49
Uruguay | Uruguayan peso | 0.45 | 0.46 | 0.49 | 0.46 | 0.43
(1)Exchange rates published by the central bank of each country
Disclosure of Recognition of Effects of Inflation in Countries With Hyperinflationary Economic Environments | As of December 31, 2024, 2023, and 2022, the operations of the Company are classified as follows:
Country | Cumulative Inflation 2022-2024 | Type of Economy | Cumulative Inflation 2021-2023 | Type of Economy | Cumulative Inflation 2020-2022 | Type of Economy
Mexico | 17.6% | Non-hyperinflationary | 21.1% | Non-hyperinflationary | 19.4% | Non-hyperinflationary
Guatemala | 15.7% | Non-hyperinflationary | 17.3% | Non-hyperinflationary | 18.0% | Non-hyperinflationary
Costa Rica | 6.9% | Non-hyperinflationary | 9.5% | Non-hyperinflationary | 12.4% | Non-hyperinflationary
Panama | 3.8% | Non-hyperinflationary | 6.7% | Non-hyperinflationary | 3.1% | Non-hyperinflationary
Colombia | 30.0% | Non-hyperinflationary | 30.6% | Non-hyperinflationary | 21.4% | Non-hyperinflationary
Nicaragua | 21.2% | Non-hyperinflationary | 26.3% | Non-hyperinflationary | 23.1% | Non-hyperinflationary
Argentina | 1221.0% | Hyperinflationary | 815.6% | Hyperinflationary | 300.3% | Hyperinflationary
Brazil | 16.0% | Non-hyperinflationary | 21.8% | Non-hyperinflationary | 21.7% | Non-hyperinflationary
Uruguay | 20.1% | Non-hyperinflationary | 22.9% | Non-hyperinflationary | 27.9% | Non-hyperinflationary
Schedule of Property, Plant and Equipment | The estimated useful lives of the Company’s principal assets are as follows:
| 2024 | 2023
Buildings | 20 - 50 | 20 - 50
Machinery and equipment | 5 - 25 | 5 - 25
Distribution equipment | 4 - 14 | 4 - 14
Refrigeration equipment | 7 - 10 | 7 - 10
Returnable bottles | 1.5 - 4 | 1.5 - 4
Other equipment | 3 - 10 | 3 - 10
Cost | Land | Buildings | Machinery and Equipment | Refrigeration Equipment | Returnable Bottles | Investments in Fixed Assets in Progress | Leasehold Improvements | Other | Total
Cost as of January 1, 2022 | Ps. 5,230 | Ps. 19,074 | Ps. 41,177 | Ps. 20,129 | Ps. 19,433 | Ps. 6,734 | Ps. 886 | Ps. 1,298 | Ps. 113,961
Additions (1) | 267 | 38 | 399 | 939 | 4,123 | 12,641 | 26 | 294 | 18,727
Additions from business combinations | 36 | 289 | 365 | 126 | 8 | 482 | — | — | 1,306
Transfer of completed projects in progress | 139 | 1,477 | 4,248 | 2,485 | 645 | (9,023) | 27 | 2 | —
Disposals | (18) | (209) | (858) | (1,072) | (381) | — | (27) | (9) | (2,574)
Effects of changes in foreign exchange rates | (424) | (1,157) | (3,225) | (1,277) | (1,708) | (438) | (15) | (172) | (8,416)
Changes in value on the recognition of inflation effects | Ps. 222 | Ps. 735 | Ps. 2,474 | Ps. 536 | Ps. 849 | Ps. 7 | Ps. — | Ps. — | Ps. 4,823
Cost as of December 31, 2022 | Ps. 5,452 | Ps. 20,247 | Ps. 44,580 | Ps. 21,866 | Ps. 22,969 | Ps. 10,403 | Ps. 897 | Ps. 1,413 | Ps. 127,827
Cost | Land | Buildings | Machinery and Equipment | Refrigeration Equipment | Returnable Bottles | Investments in Fixed Assets in Progress | Leasehold Improvements | Other | Total
Cost as of January 1, 2023 | Ps. 5,452 | Ps. 20,247 | Ps. 44,580 | Ps. 21,866 | Ps. 22,969 | Ps. 10,403 | Ps. 897 | Ps. 1,413 | Ps. 127,827
Additions (1) | 1 | 27 | 211 | 855 | 2,782 | 15,939 | — | 297 | 20,112
Transfer of completed projects in progress | 72 | 1,506 | 5,415 | 2,346 | 2,110 | (11,109) | (331) | (9) | —
Disposals | (8) | (44) | (1,071) | (1,245) | (270) | (2) | — | (3) | (2,643)
Effects of changes in foreign exchange rates | (475) | (1,908) | (4,788) | (1,298) | (2,155) | (550) | (51) | (116) | (11,341)
Changes in value on the recognition of inflation effects | 177 | 592 | 1,895 | 400 | 655 | 128 | — | — | 3,847
Cost as of December 31, 2023 | Ps. 5,219 | Ps. 20,420 | Ps. 46,242 | Ps. 22,924 | Ps. 26,091 | Ps. 14,809 | Ps. 515 | Ps. 1,582 | Ps. 137,802
Cost | Land | Buildings | Machinery and Equipment | Refrigeration Equipment | Returnable Bottles | Investments in Fixed Assets in Progress | Leasehold Improvements | Other | Total
Cost as of January 1, 2024 | Ps. 5,219 | Ps. 20,420 | Ps. 46,242 | Ps. 22,924 | Ps. 26,091 | Ps. 14,809 | Ps. 515 | Ps. 1,582 | Ps. 137,802
Additions (1) | 492 | 644 | 646 | 1,670 | 2,619 | 21,023 | 7 | 346 | 27,447
Transfer of completed projects in progress | 360 | 995 | 7,753 | 1,565 | 2,215 | (12,897) | 7 | 2 | —
Disposals (2) | (8) | (82) | (1,591) | (1,042) | (455) | — | (17) | (186) | (3,381)
Effects of changes in foreign exchange rates | 100 | 234 | 840 | 485 | 1,112 | 289 | (1) | (16) | 3,043
Changes in value on the recognition of inflation effects | 278 | 978 | 3,141 | 813 | 1,325 | 188 | — | — | 6,723
Cost as of December 31, 2024 | Ps. 6,441 | Ps. 23,189 | Ps. 57,031 | Ps. 26,415 | Ps. 32,907 | Ps. 23,412 | Ps. 511 | Ps. 1,728 | Ps. 171,634
(1) Total includes Ps. 3,503, Ps. 499 and Ps. 1,971 outstanding payment to suppliers, as of December 31, 2024, 2023 and 2022 respectively. (2) This amount includes write-off for damaged assets. For more information see note 2.5
Accumulated Depreciation | Land | Buildings | Machinery and Equipment | Refrigeration Equipment | Returnable Bottles | Investments in Fixed Assets in Progress | Leasehold Improvements | Other | Total
Accumulated depreciation as of January 1, 2022 | Ps. — | Ps. (5,498) | Ps. (20,378) | Ps. (12,300) | Ps. (12,676) | Ps. — | Ps. (395) | Ps. (531) | Ps. (51,778)
Depreciation for the year | — | (835) | (3,331) | (1,437) | (3,234) | — | (25) | (135) | (8,997)
Disposals | — | 194 | 854 | 936 | 306 | — | 26 | 7 | 2,323
Effects of changes in foreign exchange rates | — | 340 | 2,193 | 860 | 1,274 | — | 7 | 143 | 4,817
Changes in value on the recognition of inflation effects | — | (244) | (1,605) | (354) | (745) | — | (5) | (34) | (2,987)
Accumulated depreciation as of December 31, 2022 | Ps. — | Ps. (6,043) | Ps. (22,267) | Ps. (12,295) | Ps. (15,075) | Ps. — | Ps. (392) | Ps. (550) | Ps. (56,622)
Accumulated Depreciation | Land | Buildings | Machinery and Equipment | Refrigeration Equipment | Returnable Bottles | Investments in Fixed Assets in Progress | Leasehold Improvements | Other | Total
Accumulated depreciation as of January 1, 2023 | Ps. — | Ps. (6,043) | Ps. (22,267) | Ps. (12,295) | Ps. (15,075) | Ps. — | Ps. (392) | Ps. (550) | Ps. (56,622)
Depreciation for the year | — | (555) | (3,101) | (1,844) | (3,256) | — | (15) | (148) | (8,919)
Disposals | — | 26 | 825 | 1,260 | 261 | — | — | 1 | 2,373
Effects of changes in foreign exchange rates | — | 640 | 3,087 | 793 | 1,783 | — | 117 | 114 | 6,534
Changes in value on the recognition of inflation effects | — | (218) | (1,264) | (291) | (649) | — | (2) | (14) | (2,438)
Accumulated depreciation as of December 31, 2023 | Ps. — | Ps. (6,150) | Ps. (22,720) | Ps. (12,377) | Ps. (16,936) | Ps. — | Ps. (292) | Ps. (597) | Ps. (59,072)
Accumulated Depreciation | Land | Buildings | Machinery and Equipment | Refrigeration Equipment | Returnable Bottles | Investments in Fixed Assets in Progress | Leasehold Improvements | Other | Total
Accumulated depreciation as of January 1, 2024 | Ps. — | Ps. (6,150) | Ps. (22,720) | Ps. (12,377) | Ps. (16,936) | Ps. — | Ps. (292) | Ps. (597) | Ps. (59,072)
Depreciation for the year | — | (584) | (3,538) | (2,029) | (3,878) | — | (12) | (180) | (10,221)
Disposals | — | 67 | 1,233 | 940 | 365 | — | 14 | 185 | 2,804
Effects of changes in foreign exchange rates | — | (183) | (281) | (316) | (818) | — | — | (13) | (1,611)
Changes in value on the recognition of inflation effects | — | (382) | (2,105) | (494) | (1,122) | — | (6) | (44) | (4,153)
Accumulated depreciation as of December 31, 2024 | Ps. — | Ps. (7,232) | Ps. (27,411) | Ps. (14,276) | Ps. (22,389) | Ps. — | Ps. (296) | Ps. (649) | Ps. (72,253)
Carrying Amount | Land | Buildings | Machinery and Equipment | Refrigeration Equipment | Returnable Bottles | Investments in Fixed Assets in Progress | Leasehold Improvements | Other | Total
As of December 31, 2022 | Ps. 5,452 | Ps. 14,204 | Ps. 22,313 | Ps. 9,571 | Ps. 7,894 | Ps. 10,403 | Ps. 505 | Ps. 863 | Ps. 71,205
As of December 31, 2023 | Ps. 5,219 | Ps. 14,270 | Ps. 23,522 | Ps. 10,547 | Ps. 9,155 | Ps. 14,809 | Ps. 223 | Ps. 985 | Ps. 78,730
As of December 31, 2024 | Ps. 6,441 | Ps. 15,957 | Ps. 29,620 | Ps. 12,139 | Ps. 10,518 | Ps. 23,412 | Ps. 215 | Ps. 1,079 | Ps. 99,381
Summary of Revenue From Contracts With Customers |
Sources of Revenue | For the year ended December 31, 2024 | For the year ended December 31, 2023 | For the year ended December 31, 2022
Sale of products | Ps. 279,030 | Ps. 244,264 | Ps. 226,222
Services rendered | 77 | 23 | 15
Other operating revenues | 686 | 801 | 503
Revenue from contracts with customers | Ps. 279,793 | Ps. 245,088 | Ps. 226,740

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