EX-7.2 2 d373096dex72.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

 

     2016      2015      2014  

Earnings available for fixed charges:

        

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

     Ps. 14,308        Ps. 14,725        Ps. 14,952  

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

     147        155        (125

Plus:

        

Interest Expenses

     7,721        6,630        5,948  

Amortization of capitalized interest

     16        10        14  

Less:

        

Capitalized interest

     23        60        117  

Non-controlling interest

     457        94        424  
  

 

 

    

 

 

    

 

 

 
     21,712        21,366        20,248  

Fixed Charges:

        

Interest expense, net

     7,473        6,337        5,546  

Capitalized interest

     23        60        117  

Interest portion of rental expenses

     225        233        285  
  

 

 

    

 

 

    

 

 

 

Total Fixed Charges

     7,721        6,630        5,948  

Ratio of earnings to fixed charges

     2.81        3.22        3.40