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Consolidated Statements of Income
$ in Thousands
12 Months Ended
Dec. 31, 2019
MXN ($)
$ / EquityInstruments
Dec. 31, 2018
MXN ($)
$ / EquityInstruments
Dec. 31, 2017
MXN ($)
$ / EquityInstruments
Consolidated Statements of Income      
Net sales $ 101,757,181 $ 101,282,333 $ 94,274,235
Cost of sales 59,067,362 57,839,268 53,534,553
Selling expenses 11,099,011 11,023,466 10,554,113
Administrative expenses 13,269,191 13,729,325 13,556,033
Income before other expense 18,321,617 18,690,274 16,629,536
Other (expense) income, net (1,316,587) 1,562,284 (2,386,334)
Operating income 17,005,030 20,252,558 14,243,202
Finance expense (11,275,198) (10,566,966) (9,245,671)
Finance income 2,464,403 1,787,249 3,940,838
Finance expense, net (8,810,795) (8,779,717) (5,304,833)
Share of income of associates and joint ventures, net 581,023 532,933 1,913,273
Income before income taxes 8,775,258 12,005,774 10,851,642
Income taxes 2,668,445 4,390,504 4,274,120
Net income 6,106,813 7,615,270 6,577,522
Net income attributable to:      
Stockholders of the Company 4,626,139 6,009,414 4,524,496
Non-controlling interests 1,480,674 1,605,856 2,053,026
Net income $ 6,106,813 $ 7,615,270 $ 6,577,522
Basic and diluted earnings per share      
Basic earnings per CPO attributable to stockholders of the Company (dollar per equity instruments) | $ / EquityInstruments 1.60 2.07 1.54
Diluted earnings per CPO attributable to stockholders of the Company (dollar per equity instruments) | $ / EquityInstruments 1.53 1.96 1.46