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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2019
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Summary of Calculation of Basic and Dilued Earnings Per Share Amounts
Diluted earnings per share amounts are calculated by dividing consolidated net income for the year attributable to controlling interest by the weighted average number of shares outstanding during the period adjusted for the effects of dilutive potential shares (originated by the Company’s share-based payment program).
 
 
  
2019
 
 
2018
 
 
2017
 
 
  
Per Series
“B” Shares
 
 
Per Series
“D” Shares
 
 
Per Series
“B” Shares
 
 
Per Series
“D” Shares
 
 
Per Series
“B” Shares
 
 
Per Series
“D” Shares
 
(in millions of shares)
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average number of shares for basic earnings per share
  
 
9,244.16
 
 
 
8,635.65
 
 
 
9,243.81
 
 
 
8,634.26
 
 
 
9,243.14
 
 
 
8,631.57
 
Effect of dilution associated with
non-vested
shares for share based payment plans
  
 
2.26
 
 
 
9.06
 
 
 
2.61
 
 
 
10.45
 
 
 
3.29
 
 
 
13.14
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average number of shares adjusted for the effect of dilution (Shares outstanding)
  
 
9,246.42
 
 
 
8,644.71
 
 
 
9,246.42
 
 
 
8,644.71
 
 
 
9,246.42
 
 
 
8,644.71
 
Dividend rights per series
(see Note 23.1)
  
 
100
 
 
125
 
 
100
 
 
125
 
 
100
 
 
125
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average number of shares further adjusted to reflect dividend rights
  
 
9,246.42
 
 
 
10,805.89
 
 
 
9,246.42
 
 
 
10,805.89
 
 
 
9,246.42
 
 
 
10,805.89
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share from continuing operations
  
 
1.03
 
 
 
1.29
 
 
 
1.13
 
 
 
1.41
 
 
 
2.04
 
 
 
2.55
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share from discontinued operations
  
 
—  
 
 
 
—  
 
 
 
0.07
 
 
 
0.09
 
 
 
0.08
 
 
 
0.10
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share from continuing operations
  
 
1.03
 
 
 
1.29
 
 
 
1.13
 
 
 
1.41
 
 
 
2.04
 
 
 
2.55
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share from discontinued operations
  
 
—  
 
 
 
—  
 
 
 
0.07
 
 
 
0.09
 
 
 
0.08
 
 
 
0.10
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allocation of earnings, weighted
  
 
46.11
 
 
53.89
 
 
46.11
 
 
53.89
 
 
46.11
 
 
53.89
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net controlling interest income allocated from continuing operations
  
Ps.
 9,545
 
 
Ps.
 11,154
 
 
Ps.
 10,403
 
 
Ps.
 12,157
 
 
Ps.
 18,842
 
 
Ps.
 22,021
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net controlling interest income allocated from discontinued operations
  
Ps.
 —  
 
 
Ps.
—  
 
 
Ps.
 660
 
 
Ps.
 770
 
 
Ps.
 713
 
 
Ps.
 832