EX-7.2 3 d176346dex72.htm EX-7.2 EX-7.2

Exhibit 7.2

Coca-Cola FEMSA, S.A.B. de C.V. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

Amounts in Millions of Mexican Pesos, Except Ratios

 

     2015      2014     2013  

Earnings available for fixed charges:

       

Income before income taxes and share of the profit of associates and joint ventures accounted

     Ps. 14,725         Ps. 14,952        Ps. 17,224   

Share of the profit of associates and joint ventures accounted for using the equity method, net of taxes

     155         (125     289   

Plus:

       

Interest Expenses

     6,630         5,948        3,656   

Amortization of capitalized interest

     10         14        6   

Less:

       

Capitalized interest

     60         117        56   

Non-controlling interest

     94         424        239   
  

 

 

    

 

 

   

 

 

 
     21,366         20,248        20,880   

Fixed Charges:

       

Interest expense, gross

     6,337         5,546        3,341   

Capitalized interest

     60         117        56   

Interest portion of rental expenses

     233         285        259   
  

 

 

    

 

 

   

 

 

 

Total Fixed Charges

     6,630         5,948        3,656   

Ratio of earnings to fixed charges

     3.22         3.40        5.71