As of December 31, 2012, 2011 and as of January 1, 2011 (Date of transition to IFRS
Amounts expressed in millions of U.S. dollars ($) and in millions of Mexican pesos (Ps.)

  Note   December
2012 (*)		   December
2012		   December
2011		   January 1,
2011
ASSETS
Current Assets:
Cash and cash equivalents 5 $ 2,817 Ps. 36,521 Ps. 25,841 Ps. 26,705
Investments 6   123   1,595   1,329   66
Accounts receivable, net 7   837   10,837   10,498   7,701
Inventories 8   1,261   16,345   14,360   11,314
Recoverable taxes     484   6,277   5,343   5,152
Other current financial assets 9   196   2,546   1,018   409
Other current assets 9   103   1,334   1,594   976
Total current assets     5,821   75,455   59,983   52,323
Investments in associates and joint ventures 10   6,467   83,840   78,643   68,793
Property, plant and equipment, net 11   4,756   61,649   54,563   42,182
Intangible assets, net 12   5,237   67,893   63,030   44,253
Deferred tax assets 24   156   2,028   2,000   3,734
Other financial assets 13   174   2,254   2,745   1,388
Other assets, net 13   218   2,823   2,398   2,022
TOTAL ASSETS   $ 22,829 Ps. 295,942 Ps. 263,362 Ps. 214,695
LIABILITIES AND EQUITY
Current Liabilities:
Bank loans and notes payable 18 $ 325 Ps. 4,213 Ps. 638 Ps. 1,578
Current portion of long-term debt 18   346   4,489   4,935   1,725
Interest payable     16   207   216   165
Suppliers     1,900   24,629   21,475   17,458
Accounts payable     503   6,522   5,488   5,151
Taxes payabler     389   5,048   4,241   3,089
Other current financial liabilities     258   3,347   2,135   1,726
Current portion of other long-term liabilities     6   61   197   276
Total current liabilities     3,743   48,516   39,325   31,168
Long-Term Liabilities:
Bank loans and notes payable 18   2,209   28,640   23,819   21,935
Post-employment and other long-term
employee benefits		 16   283   3,675   2,584   2,338
Deferred tax liabilities 24   54   700   414   223
Other financial liabilities 25   65   836   1,493   1,972
Provisions and other long-term liabilities 25   263   3,414   3,556   3,661
Total long-term liabilities     2,874   37,265   31,866   30,129
Total liabilities     6,617   85,781   71,191   61,297
Equity:
Controlling interest:
Capital stock     258   3,346   3,345   3,345
Additional paid-in capital     1,754   22,740   20,656   14,757
Retained earnings     9,913   128,508   114,487   103,695
Cumulative other comprehensive income     52   665   5,734   80
Total controlling interest     11,977   155,259   144,222   121,877
Non-controlling interest in consolidated subsidiaries 21   4,235   54,902   47,949   31,521
Total equity     16,212   210,161   192,171   153,398
TOTAL LIABILITIES AND EQUITY   $ 22,829 Ps. 295,942 Ps. 263,362 Ps. 214,695

(*) Convenience translation to U.S. dollars ($) – see Note 2.2.3

José Antonio Fernández Carbajal

Chairman of the Board and Chief Executive Officer

Javier Astaburuaga Sanjines

Chief Financial and Strategic Development Officer

The accompanying notes are an integral part of these consolidated statements of financial position.

About the Company | Contact | Headquarters | www.femsa.com | Follow us
 
© FEMSA 2013