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Consolidated Statements of Changes in Equity
$ in Millions, $ in Millions
Total controlling interest
MXN ($)
Capital Stock
MXN ($)
Additional paid-in capital
MXN ($)
Retained earnings
MXN ($)
Fair value in equity financial instrument
MXN ($)
Valuation of the effective portion of derivative financial instrument
MXN ($)
Exchange differences on the translation of foreign operations and equity accounted investees
MXN ($)
Remeasurements of the net defined benefit liability
MXN ($)
Non-controlling interest
MXN ($)
USD ($)
[1]
MXN ($)
Beginning Balance at Dec. 31, 2019 $ 251,989 $ 3,348 $ 18,162 $ 229,794 $ (491) $ 1,361 $ 2,589 $ (2,774) $ 73,762   $ 325,751
Consolidated net income (1,930)     (1,930)         5,686   3,756
Other comprehensive income (loss), net (1,428)       (3,991) 1,306 1,673 (416) (5,681)   (7,109)
Sale of Joint Venture (100)           (100)   (112)   (212)
Total other comprehensive income (loss) (3,458)     (1,930) (3,991) 1,306 1,573 (416) (107)   (3,565)
Dividends declared and paid (10,360)     (10,360)         (5,524)   (15,884)
Issuance of share-based compensation plans (275)   (275)           (64)   (339)
Acquisition of Envoy (79)   (79)           1,377   1,298
Contribution from non-controlling interest                 0    
Other movements in equity method accounted investees, net of tax (74)     (74)             (74)
Ending Balance at Dec. 31, 2020 237,743 3,348 17,808 217,430 (4,482) 2,667 4,162 (3,190) 69,444   307,187
Consolidated net income 28,495     28,495         9,183   37,678
Other comprehensive income (loss), net 3,928       5,165 1,563 (3,722) 922 (368)   3,560
Total other comprehensive income (loss) 32,423     28,495 5,165 1,563 (3,722) 922 8,815   41,238
Dividends declared and paid (7,687)     (7,687)         (5,729)   (13,416)
Issuance of share-based compensation plans 54   54           (14)   40
Contribution from non-controlling interest                 0    
Other movements in equity method accounted investees, net of tax 68     68             68
Ending Balance at Dec. 31, 2021 262,601 3,348 17,862 238,306 683 4,230 440 (2,268) 72,516   335,117
Consolidated net income 23,909     23,909         10,834 $ 1,784 34,743
Other comprehensive income (loss), net (12,734)       (2,236) (1,709) (9,545) 756 (2,198)   (14,932)
Total other comprehensive income (loss) 11,175     23,909 (2,236) (1,709) (9,545) 756 8,636 1,019 19,811
Dividends declared and paid (11,358)     (11,358)         (6,176)   (17,534)
Issuance of share-based compensation plans 146 (1) 147           (57)   89
Other acquisition of non-controlling interest (295)   (295)           (74)   (369)
Contribution from non-controlling interest                 352   352
Other movements in equity method accounted investees, net of tax 335     335             335
Ending Balance at Dec. 31, 2022 $ 262,604 $ 3,347 $ 17,714 $ 251,192 $ (1,553) $ 2,521 $ (9,105) $ (1,512) $ 75,197 $ 17,328 $ 337,801
[1] Convenience translation to U.S. dollars ($) – See Note 2.2.3