Financial

Highlights

 

Millions of pesos  2016 (1)  2016  2015 %Change 2014 %Change
Total revenues 19,377 399,507 311,589 28.2% 263,449 18.3%
Income from operations (2) 1,815 37,427 33,735 10.9% 29,983 12.5%
Operating margin   9.4% 10.8%   11.4%  
Consolidated net income 1,318 27,175 23,276 16.8% 22,630 2.9%
Controlling interest net income (3) 1,025 21,140 17,683 19.5% 16,701 5.9%
Controlling interest earnings per BD unit (4) 0.3 5.9 4.9 20.4% 4.7 4.3%
Controlling interest earnings per ADS (5) 2.9 59.1 49.4 19.6% 46.7 5.8%
EBITDA 2,667 54,987 46,626 17.9% 40,945 13.9%
EBITDA margin   13.8% 15.0%   15.5%  
Total assets 26,465 545,623 409,332 33.3% 376,173 8.8%
Total liabilities 12,584 259,453 167,476 54.9% 146,051 14.7%
Total equity 13,880 286,170 241,856 18.3% 230,122 5.1%
Capital expenditures 1,075 22,155 18,885 17.3% 18,163 4.0%
Total cash and cash equivalents (6) 2,117 43,637 29,396 48.4% 35,497 -17.2%
Short-term debt 353 7,281 5,895 23.5% 1,553 279.6%
Long-term debt 6,401 131,967 85,969 53.5% 82,935 3.7%
Headcount (7)   266,144 246,158 8.1% 216,740 13.6%
  1. U.S. dollar figures are converted from Mexican pesos using the noon-buying rate published by U.S. Federal Reserve Board, which was Ps. 20.6170 per US$1.00 as of December 30, 2016.
  2. Company's key performance indicator.
  3. Represents the net income that is assigned to the controlling shareholders of the entity.
  4. "BD" units each of which represents one series "B" share, two series "D-B" shares and two series "D-L" shares. Data based on outstanding 2,161,177,770 BD units and 1,417,048,500 B units.
  5. American Depositary Shares, a U.S. dollar-denominated equity share of a foreing-based company available for purchase on an American stock exchange.
  6. Cash consists of non-interest bearing bank deposits and cash equivalents consist principally of short-term bank deposits and fixed rate investments.
  7. Includes headcount from Coca-Cola FEMSA (excluding the Philippines operations), FEMSA Comercio and Other Businesses of FEMSA.
  8. Includes other companies and our 20% economic interest in Heineken.
 

FEMSA Consolidated

 
Total Revenues
by Business Unit
millions of pesos

Coca-Cola FEMSA 43%
  FEMSA Comercio:  
Retail Division 33%
Fuel Division 7%
Health Division 10%
Others8 7%

Total assets
by Business Unit
millions of pesos

Coca-Cola FEMSA 48%
  FEMSA Comercio:  
Retail Division 10%
Fuel Division 1%
Health Division 6%
Others8 35%

Income from Operations
by Business Unit
millions of pesos

Coca-Cola FEMSA 64%
  FEMSA Comercio:  
Retail Division 31%
Fuel Division 0.5%
Health Division 4%
Others8 0.5%

EBITDA
by Business Unit
millions of pesos

Coca-Cola FEMSA 65%
  FEMSA Comercio:  
Retail Division 28%
Fuel Division 1%
Health Division 4%
Others8 2%

 

FEMSA COMERCIO

Retail Division      Health Division      Fuel Division

Headcount
thousands

Total Revenues
billions of Mexican pesos

Income from Operations1
billions of Mexican pesos

EBITDA2
billions of Mexican pesos

Total Assets
billions of Mexican pesos

 

Headcount
thousands

Total Revenues
billions of Mexican pesos

Income from Operations1
billions of Mexican pesos

EBITDA2
billions of Mexican pesos

Total Assets
billions of Mexican pesos

 

Headcount
thousands

Total Revenues
billions of Mexican pesos

Income from Operations1
billions of Mexican pesos

EBITDA2
billions of Mexican pesos

Total Assets
billions of Mexican pesos

 

COCA-COLA FEMSA

Headcount3
thousands

Total Revenues
billions of Mexican pesos

Income from Operations1
billions of Mexican pesos

EBITDA2
billions of Mexican pesos

Total Assets
billions of Mexican pesos

 
  1. Company’s key performance indicator.
  2. EBITDA equals to Income from operations plus depreciation, amortization and other non-cash items.
  3. Excluding the Philippines operations.