Earnings per Share

12 Months Ended

Dec. 31, 2023

Basic 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).



	2023						2022							2021
	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		9,239.73			8,617.94			9,241.72			8,625.92			9,242.88			8,630.54
Effect of dilution associated with non-vested shares for share based payment plans		6.69			26.78			4.70			18.79			3.54			14.17
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		1.67			2.09			1.12			1.40			1.01			1.26
Diluted earnings per share from continuing operations		1.67			2.09			1.12			1.40			1.01			1.26
Basic earnings per share from discontinued operations		1.61			2.02			0.07			0.09			0.41			0.52
Diluted earnings per share from discontinued operations		1.61			2.01			0.07			0.09			0.41			0.52
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.	15,425		Ps.	18,026		Ps.	10,369		Ps.	12,117		Ps.	9,329		Ps.	10,902
Net controlling interest income allocated from discontinued operations	Ps.	14,865		Ps.	17,373		Ps.	656		Ps.	767		Ps.	3,811		Ps.	4,453