v3.26.1
Consolidated Statements of Changes in Equity
$ in Millions, $ in Millions
USD ($)
MXN ($)
Equity attributable to equity holders of the parent
MXN ($)
Capital Stock
MXN ($)
Additional paid-in capital
MXN ($)
Retained earnings
MXN ($)
Fair value in equity financial instrument
MXN ($)
Valuation of the effective portion of derivative financial instrument
MXN ($)
Exchange differences on the translation of foreign operations and equity accounted investees
MXN ($)
Remeasurements of the net defined benefit liability
MXN ($)
Non-controlling interest
MXN ($)
Beginning balance at Dec. 31, 2022   $ 337,801 $ 262,604 $ 3,347 $ 17,714 $ 251,192 $ (1,553) $ 2,521 $ (9,105) $ (1,512) $ 75,197
Consolidated net income   76,677 65,689     65,689         10,988
Other comprehensive income (loss), net   (15,557) (12,091)       1,357 (1,228) (13,190) 970 (3,466)
Total other comprehensive income (loss)   61,120 53,598     65,689 1,357 (1,228) (13,190) 970 7,522
Dividends declared and partially paid   (18,798) (12,247)     (12,247)         (6,551)
Issuance (purchased) share-based compensation plans   (92) (114) 1 (115)           22
Disposal of business   (1,681)                 (1,681)
Other movements in equity method accounted investees, net of income tax   19 19     19          
Ending balance at Dec. 31, 2023   378,369 303,860 3,348 17,599 304,653 (196) 1,293 (22,295) (542) 74,509
Consolidated net income   40,236 26,735     26,735         13,501
Other comprehensive income (loss), net   14,775 12,167       (426) 701 12,431 (539) 2,608
Total other comprehensive income (loss)   55,011 38,902     26,735 (426) 701 12,431 (539) 16,109
Dividends declared and partially paid   (31,792) (24,991)     (24,991)         (6,801)
Issuance (purchased) share-based compensation plans   34 39 (1) 40           (5)
Other acquisitions and remeasurements and non-controlling interest   (183) 3     3         (186)
Shares repurchase   (20,308) (20,311) (86) (20,225)           3
Ending balance at Dec. 31, 2024   381,131 297,502 3,261 (2,586) 306,400 (622) 1,994 (9,864) (1,081) 83,629
Consolidated net income $ 1,836 [1],[2] 33,053 19,431     19,431         13,622
Other comprehensive income (loss), net   (13,108) (10,078)       (178) (1,807) (6,862) (1,231) (3,030)
Total other comprehensive income (loss) 1,108 [1] 19,945 9,353     19,431 (178) (1,807) (6,862) (1,231) 10,592
Dividends declared and partially paid   (56,284) (47,501)     (47,501)         (8,783)
Issuance (purchased) share-based compensation plans   115 69 (1) 70           46
Other acquisitions and remeasurements and non-controlling interest   (3,686) (2,572)   (2,572)           (1,114)
Shares repurchase   (11,869) (11,869) (39) (12,325) 495          
Ending balance at Dec. 31, 2025 $ 18,291 [3] $ 329,352 $ 244,982 $ 3,221 $ (17,413) $ 278,825 $ (800) $ 187 $ (16,726) $ (2,312) $ 84,370
[1] Convenience translation to U.S. dollars ($) – See Note 2.2.4
[2] Convenience translation to U.S. dollars ($) – See Note 2.2.4
[3] Convenience translation to U.S. dollars ($) – See Note 2.2.4