v3.25.1
Consolidated Income Statements
$ in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
USD ($)
$ / shares
Dec. 31, 2024
MXN ($)
$ / shares
Dec. 31, 2023
MXN ($)
$ / shares
Dec. 31, 2022
MXN ($)
$ / shares
Condensed Income Statements, Captions [Line Items]        
Total revenues   $ 279,793 $ 245,088 $ 226,740
Cost of goods sold   151,057 134,228 126,440
Gross profit   128,736 110,860 100,300
Administrative expenses   13,678 12,820 11,263
Selling expenses   74,423 63,278 57,718
Other income   4,217 1,981 1,473
Other expenses   4,936 3,253 2,456
Interest expense   7,532 7,102 6,500
Interest income   3,040 3,188 2,411
Foreign exchange gain (loss), net   304 (1,046) (324)
Gain on monetary position for subsidiaries in hyperinflationary economies   216 93 536
Market value gain (loss) on financial instruments   67 169 (672)
Income before income taxes and share of the profit or loss of associates and joint ventures accounted for using the equity method   36,011 28,792 25,787
Income taxes   11,768 8,781 6,547
Share in the profit of equity accounted investees, net of income taxes   306 215 386
Consolidated net income   24,549 20,226 19,626
Attributable to:        
Equity holders of the parent   23,729 19,536 19,034
Non-controlling interest   820 690 592
Consolidated net income   $ 24,549 $ 20,226 $ 19,626
Earnings per share- Equity holders of the parent (U.S. dollars and Mexican pesos):        
Basic controlling interest net income (per share) | (per share) $ 1.41 $ 1.41 $ 1.16 $ 1.13
Diluted controlling interest net income (per share) | $ / shares   $ 1.41 $ 1.16 $ 1.13
Sale of products        
Condensed Income Statements, Captions [Line Items]        
Total revenues   $ 279,030 $ 244,264 $ 226,222
Services rendered and Other operating revenues        
Condensed Income Statements, Captions [Line Items]        
Total revenues   $ 763 $ 824 $ 518
Currency in which supplementary information is displayed        
Condensed Income Statements, Captions [Line Items]        
Total revenues [1] $ 13,416      
Cost of goods sold [1] 7,243      
Gross profit [1] 6,173      
Administrative expenses [1] 656      
Selling expenses [1] 3,568      
Other income [1] 202      
Other expenses [1] 237      
Interest expense [1] 361      
Interest income [1] 146      
Foreign exchange gain (loss), net [1] 15      
Gain on monetary position for subsidiaries in hyperinflationary economies [1] 10      
Market value gain (loss) on financial instruments [1] 3      
Income before income taxes and share of the profit or loss of associates and joint ventures accounted for using the equity method [1] 1,727      
Income taxes [1] 564      
Share in the profit of equity accounted investees, net of income taxes [1] 15      
Consolidated net income [1] 1,177      
Attributable to:        
Equity holders of the parent [1] 1,138      
Non-controlling interest [1] 39      
Consolidated net income [1] $ 1,177      
Earnings per share- Equity holders of the parent (U.S. dollars and Mexican pesos):        
Basic controlling interest net income (per share) | $ / shares [1] $ 0.07      
Diluted controlling interest net income (per share) | $ / shares [1] $ 0.07      
Currency in which supplementary information is displayed | Sale of products        
Condensed Income Statements, Captions [Line Items]        
Total revenues [1] $ 13,379      
Currency in which supplementary information is displayed | Services rendered and Other operating revenues        
Condensed Income Statements, Captions [Line Items]        
Total revenues [1] $ 37      
[1] Convenience translation to U.S. dollars ($) – See Note 2.2.3