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Consolidated Income Statements
$ in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
USD ($)
$ / shares
[1]
Dec. 31, 2022
MXN ($)
$ / shares
Dec. 31, 2021
MXN ($)
$ / shares
Dec. 31, 2020
MXN ($)
$ / shares
Statement [Line Items]        
Net sales $ 34,455 $ 671,725 $ 554,923 $ 490,425
Other operating revenues 76 1,477 1,338 2,541
Total revenues 34,531 673,202 556,261 492,966
Cost of goods sold 21,622 421,534 342,548 303,313
Gross profit 12,909 251,668 213,713 189,653
Administrative expenses 1,769 34,486 27,219 22,988
Selling expenses 8,070 157,340 134,079 123,405
Other income 56 1,088 5,887 3,343
Other expenses 147 2,870 3,727 12,381
Interest expense 837 16,314 16,938 17,516
Interest income 197 3,842 1,464 2,100
Foreign exchange loss (gain), net 191 3,729 (1,314) (385)
Gain on monetary position, net 27 527 738 384
Market value loss (gain) on financial instruments 36 706 (38) 264
Income before income taxes and share in the profit of equity method accounted investees 2,139 41,680 41,191 19,311
Income taxes 738 14,395 14,278 14,819
Share in the profit (loss) of equity method accounted investees, net of tax 383 7,458 10,765 (736)
CONSOLIDATED NET INCOME 1,784 34,743 37,678 3,756
Controlling interest 1,228 23,909 28,495 (1,930)
Non-controlling interest $ 556 $ 10,834 $ 9,183 $ 5,686
Series B shares        
Controlling interest basic earnings (loss) per share        
Controlling interest basic earnings (loss) per share | (per share) $ 0.06 $ 1.19 $ 1.42 $ (0.10)
Controlling interest diluted earnings (loss) per share        
Controlling interest diluted earnings (loss) per share | (per share) 0.06 1.19 1.42 (0.10)
Series D shares        
Controlling interest basic earnings (loss) per share        
Controlling interest basic earnings (loss) per share | (per share) 0.08 1.49 1.78 (0.12)
Controlling interest diluted earnings (loss) per share        
Controlling interest diluted earnings (loss) per share | (per share) $ 0.08 $ 1.49 $ 1.78 $ (0.12)
[1] Convenience translation to U.S. dollars ($) – See Note 2.2.3