FEMSA Copyright 2016

Consolidated Financial Statements

 
 

Consolidated Statements of Comprehensive Income

FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. AND SUBSIDIARIES
MONTERREY, N.L., MEXICO

For the years ended December 31, 2015, 2014 and 2013.
Amounts expressed in millions of U.S. dollars ($) and in millions of Mexican pesos (Ps.)

  Note   2015(*)   2015   2014   2013
Consolidated net income   $ 1,354 Ps. 23,276 Ps. 22,630 Ps. 22,155
Other comprehensive income:                  
Items that may be reclassified to consolidated net income, net of tax:     -   -   -   (2)
Unrealized loss on available for sale securities                  
Valuation of the effective portion of
derivative financial instruments		     7   122   493   (246)
Exchange differences on the translation of foreign
operations and associates		     (129)   (2,234)   (12,256)   1,151
Share of other comprehensive income (loss) of associates and joint ventures     16   282   1,322   (3,120)
Total items that may be reclassified     (106)   (1,830)   (10,441)   (2,217)
Items that will not to be reclassified to consolidated net income in
subsequent periods, net of tax:		                  
Remeasurements of the net defined benefit share of
other comprehensive income (loss) of associates and joint ventures		     10   169   (881)   491
Remeasurements of the net defined benefit liability     8   144   (361)   (112)
Total items that will not be reclassified     18   313   (1,242)   379
Total other comprehensive loss, net of tax     (88)   (1,517)   (11,683)   (1,838)
Consolidated comprehensive income, net of tax   $ 1,266 Ps. 21,759 Ps. 10,947 Ps. 20,317
Controlling interest comprehensive income     1,115   19,165   11,283   15,030
Reattribution to non-controlling interest of other comprehensive
income by acquisition of Grupo YOLI		     -   -   -   (36)
Controlling interest, net of reattribution   $ 1,115 Ps. 19,165 Ps. 11,283 Ps. 14,994
Non-controlling interest comprehensive income     151   2,594   (336)   5,287
Reattribution from controlling interest of other comprehensive
income by acquisition of Grupo YOLI		     -   -   -   36
Non-controlling interest, net of reatribution   $ 151 Ps. 2,594 Ps. (336) Ps. 5,323
Consolidated comprehensive income, net of tax   $ 1,266 Ps. 21,759 Ps. 10,947 Ps. 20,317

(*) Convenience translation to U.S. dollars ($) – See Note 2.2.3
The accompanying notes are an integral part of these consolidated statements of comprehensive income.