Earnings per Share

12 Months Ended

Dec. 31, 2022

Earnings per ShareBasic 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 weighted average of own shares purchased in the period.

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).



	2022						2021							2020
	Per Series			Per Series			Per Series			Per Series			Per Series			Per Series
	“B” Shares			“D” Shares			“B” Shares			“D” Shares			“B” Shares			“D” Shares
(in millions of shares)
Weighted average number of shares for basic earnings per share		9,241.72			8,625.92			9,242.88			8,630.54			9,243.59			8,633.38
Effect of dilution associated with non-vested shares for share based payment plans		4.70			18.79			3.54			14.17			2.83			11.33
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		1.19			1.49			1.42			1.78			(0.10)			(0.12)
Diluted earnings per share		1.19			1.49			1.42			1.78			(0.10)			(0.12)
Allocation of earnings, weighted		46.11	%		53.89	%		46.11	%		53.89	%		46.11	%		53.89	%
Net controlling interest income allocated	Ps.	11,025		Ps.	12,884		Ps.	13,139		Ps.	15,356		Ps.	(890)		Ps.	(1,040)