v3.25.1
Non-Controlling Interest in Consolidated Subsidiaries
 12 Months Ended
Dec. 31, 2024
Disclosure of non controlling interest in consolidated subsidiaries [Abstract]  
Non-Controlling Interest in Consolidated Subsidiaries Non-Controlling Interest in Consolidated Subsidiaries
An analysis of Coca-Cola FEMSA’s non-controlling interest in its consolidated subsidiaries as of December 31, 2024, 2023 and 2022 is as follows:
202420232022
MexicoPs. 5,757Ps. 5,459Ps. 5,337
Colombia198016
Brazil1,3371,1411,138
Ps. 7,113Ps. 6,680Ps. 6,491
Non-controlling interests in Mexico primarily represent the individual results of a Mexican holding company Kristine Overseas, S.A.P.I. de C.V. This entity also has non-controlling stakes in certain Brazilian subsidiaries.
The changes in Coca-Cola FEMSA’s non-controlling interest were as follows:
202420232022
Balance at beginning of the periodPs. 6,680Ps. 6,491Ps. 6,022
Net income of non-controlling interest820690592
Exchange differences on translation of foreign operations(392)(365)37
Valuation of the effective portion of derivative financial instruments, net of taxes102(46)(104)
Dividends paid(97)(90)(56)
Balance at end of the periodPs. 7,113Ps. 6,680Ps. 6,491