| Summary of Information by Operating Segment |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2025 | | Coca-Cola FEMSA | | Proximity Americas Division | | Proximity Europe Division | | Health Division | | Fuel Division | | Discontinued operations | | Other (1) | | Consolidation Adjustments | | Consolidated | | Total revenues | | Ps. | 291,746 | | Ps. | 328,839 | | Ps. | 57,028 | | Ps. | 88,129 | | Ps. | 67,195 | | Ps. | — | | Ps. | 29,128 | | Ps. | (21,111) | | Ps. | 840,954 | | Intercompany revenue | | | 10,466 | | | 3,390 | | | — | | | — | | | 47 | | | — | | | | 7,208 | | | (21,111) | | | — | | Cost of goods sold | | | 158,570 | | | 180,344 | | | 33,778 | | | 64,275 | | | 59,004 | | | — | | | 20,025 | | | (16,618) | | | 499,378 | | Gross profit | | | 133,176 | | | 148,495 | | | 23,250 | | | 23,854 | | | 8,191 | | | — | | | | 9,103 | | | (4,493) | | | 341,576 | | Administrative expenses | | | 15,043 | | | 10,405 | | | 3,884 | | | 2,455 | | | 290 | | | — | | | 10,283 | | | (3,035) | | | 39,325 | | Selling expenses | | | 76,664 | | | 108,018 | | | 17,018 | | | 18,270 | | | 4,967 | | | — | | | 7,601 | | | (3,214) | | | 229,324 | | Income before income taxes and share of the profit of equity method accounted investees | | | 37,158 | | | 14,171 | | | 1,723 | | | 642 | | | 1,222 | | | — | | | (2,079) | | | — | | | 52,837 | | Consolidated net income from continued operations | | | 25,016 | | | 12,447 | | | 1,326 | | | 190 | | | 884 | | | — | | | (8,384) | | | — | | | 31,479 | | Consolidated net income from discontinued operations | | | — | | | — | | | — | | | — | | | — | | | 1,574 | | | — | | | — | | | 1,574 | Depreciation and amortization (2) | | | 15,895 | | | 17,748 | | | 5,756 | | | 4,122 | | | 1,316 | | | — | | | (594) | | | (105) | | | 44,138 | | Non-cash items other than depreciation and amortization | | | 278 | | | 1,043 | | | 225 | | | 1,738 | | | 68 | | | — | | | 3,827 | | | — | | | 7,179 | | Investments in equity method accounted investees | | | 10,588 | | | 23,666 | | | — | | | 1 | | | 19 | | | — | | | 17,997 | | | (26,545) | | | 25,726 | | Total assets | | | 314,539 | | | 239,785 | | | 44,539 | | | 74,516 | | | 25,867 | | | — | | | 200,530 | | | (103,899) | | | 795,877 | | Total liabilities | | | 160,511 | | | 183,907 | | | 40,289 | | | 58,659 | | | 19,105 | | | — | | | 115,045 | | | (110,991) | | | 466,525 | Investments in capital expenditure (3) | | | 27,059 | | | 13,721 | | | 1,938 | | | 1,608 | | | 208 | | | — | | | 964 | | | (183) | | | 45,315 | (1)Includes other companies and corporate (see Note 1). (2)Includes bottle breakage. (3)Includes acquisitions of property, plant and equipment, intangible assets, and other long-lived assets.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2024 | | Coca-Cola FEMSA | | Proximity Americas Division | | Proximity Europe Division | | Health Division | | Fuel Division | | Discontinued operations | | Other (1) | | Consolidation Adjustments | | Consolidated | | Total revenues | | Ps. | 279,793 | | | Ps. | 307,197 | | | Ps. | 49,755 | | | Ps. | 79,755 | | | Ps. | 65,365 | | | Ps. | — | | | Ps. | 20,209 | | | Ps. | (20,489) | | | Ps. | 781,585 | | | Intercompany revenue | | | 10,193 | | | | 3,430 | | | | — | | | | — | | | | 176 | | | | — | | | | 6,690 | | | | (20,489) | | | | — | | | Cost of goods sold | | | 151,057 | | | | 170,204 | | | | 28,411 | | | | 55,714 | | | | 57,430 | | | | — | | | | 15,904 | | | | (18,648) | | | | 460,072 | | | Gross profit | | | 128,736 | | | | 136,993 | | | | 21,344 | | | | 24,041 | | | | 7,935 | | | | — | | | | 4,305 | | | | (1,841) | | | | 321,513 | | | Administrative expenses | | | 13,678 | | | | 9,306 | | | | 3,793 | | | | 4,348 | | | | 343 | | | | — | | | | 8,614 | | | | (997) | | | | 39,085 | | | Selling expenses | | | 74,423 | | | | 97,989 | | | | 15,748 | | | | 16,144 | | | | 4,792 | | | | — | | | | 5,657 | | | | (2,787) | | | | 211,966 | | | Income before income taxes and share of the profit of equity method accounted investees | | | 36,011 | | | | 18,987 | | | | 1,116 | | | | (1,049) | | | | 1,218 | | | | — | | | | 10,265 | | | | (1) | | | | 66,547 | | | Consolidated net income from continued operations | | | 24,549 | | | | 15,915 | | | | 791 | | | | (1,644) | | | | 930 | | | | — | | | | (419) | | | | (1) | | | | 40,121 | | | Consolidated net income from discontinued operations | | | — | | | | — | | | | — | | | | — | | | | — | | | | 115 | | | | — | | | | — | | | | 115 | | Depreciation and amortization (2) | | | 13,659 | | | | 15,591 | | | | 5,046 | | | | 3,668 | | | | 1,293 | | | | — | | | | 176 | | | | (123) | | | | 39,310 | | | Non-cash items other than depreciation and amortization | | | 2,405 | | | | 975 | | | | 161 | | | | 635 | | | | 44 | | | | — | | | | 1,396 | | | | — | | | | 5,616 | | | Investments in equity method accounted investees | | | 10,233 | | | | 827 | | | | — | | | | 1 | | | | — | | | | — | | | | 17,636 | | | | — | | | | 28,697 | | | Total assets | | | 307,986 | | | | 240,312 | | | | 45,411 | | | | 73,240 | | | | 25,320 | | | | 14,395 | | | | 259,902 | | | | (115,030) | | | | 851,536 | | | Total liabilities | | | 157,445 | | | | 182,428 | | | | 42,373 | | | | 57,768 | | | | 19,528 | | | | 6,952 | | | | 114,832 | | | | (110,921) | | | | 470,405 | | Investments in capital expenditures (3) | | | 29,553 | | | | 16,239 | | | | 2,270 | | | | 1,835 | | | | 398 | | | | — | | | | 3,200 | | | | (2,426) | | | | 51,069 | |
(1)Includes other companies and corporate (see Note 1). (2)Includes bottle breakage. (3)Includes acquisitions and disposals of property, plant and equipment, intangible assets, and other long-lived assets. The disposals of property, plant and equipment are for Ps. $150. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2023 | | Coca-Cola FEMSA | | Proximity Americas Division | | Proximity Europe Division | | Health Division | | Fuel Division | | Discontinued operations | | Other (1) | | Consolidation Adjustments | | Consolidated | | Total revenues | | Ps. | 245,088 | | | Ps. | 278,520 | | | Ps. | 43,552 | | | Ps. | 75,358 | | | Ps. | 58,499 | | | Ps. | — | | | Ps. | 29,652 | | | Ps. | (27,977) | | | Ps. | 702,692 | | | Intercompany revenue | | | 8,448 | | | | 1,735 | | | | — | | | | 3 | | | | 349 | | | | — | | | | 17,442 | | | | (27,977) | | | | — | | | Cost of goods sold | | | 134,228 | | | | 161,458 | | | | 24,930 | | | | 52,859 | | | | 51,155 | | | | — | | | | 24,228 | | | | (25,673) | | | | 423,185 | | | Gross profit | | | 110,860 | | | | 117,062 | | | | 18,622 | | | | 22,499 | | | | 7,344 | | | | — | | | | 5,424 | | | | (2,304) | | | | 279,507 | | | Administrative expenses | | | 12,820 | | | | 6,514 | | | | 3,231 | | | | 2,788 | | | | 299 | | | | — | | | | 7,654 | | | | (999) | | | | 32,307 | | | Selling expenses | | | 63,278 | | | | 84,543 | | | | 14,371 | | | | 16,404 | | | | 4,548 | | | | — | | | | 7,304 | | | | (1,716) | | | | 188,732 | | | Income before income taxes and share of the profit of equity method accounted investees | | | 28,792 | | | | 16,060 | | | | 388 | | | | (166) | | | | 699 | | | | — | | | | 26,479 | | | | (14,436) | | | | 57,816 | | | Consolidated net income from continued operations | | | 20,226 | | | | 13,767 | | | | 412 | | | | 3,753 | | | | 329 | | | | — | | | | 20,558 | | | | (14,606) | | | | 44,439 | | | Consolidated net income from discontinued operations | | | — | | | | — | | | | — | | | | — | | | | — | | | | 32,238 | | | | — | | | | — | | | | 32,238 | | Depreciation and amortization (2) | | | 10,531 | | | | 12,937 | | | | 4,700 | | | | 3,447 | | | | 1,137 | | | | — | | | | 2,646 | | | | (1,381) | | | | 34,017 | | | Non-cash items other than depreciation and amortization | | | 1,707 | | | | 509 | | | | 148 | | | | 1,296 | | | | 13 | | | | — | | | | (328) | | | | 2 | | | | 3,347 | | | Investments in equity method accounted investees | | | 9,246 | | | | 1,690 | | | | — | | | | 1 | | | | 19 | | | | — | | | | 15,291 | | | | — | | | | 26,247 | | | Total assets | | | 273,512 | | | | 176,836 | | | | 39,833 | | | | 64,888 | | | | 25,124 | | | | 25,819 | | | | 294,247 | | | | (94,403) | | | | 805,856 | | | Total liabilities | | | 139,808 | | | | 149,131 | | | | 37,876 | | | | 48,357 | | | | 20,267 | | | | 11,569 | | | | 111,692 | | | | (91,213) | | | | 427,487 | | Investments in capital expenditures (3) | | | 21,396 | | | | 13,387 | | | | 1,654 | | | | 1,750 | | | | 186 | | | | — | | | | 1,659 | | | | (1,421) | | | | 38,611 | |
(1)Includes other companies and corporate (see Note 1). (2)Includes bottle breakage. (3)Includes acquisitions and disposals of property, plant and equipment, intangible assets, and other long-lived assets. The disposals of property, plant and equipment are for Ps. $400.
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| Summary of Geographic Area for Non-Current Assets |
Geographic disclosure for the Company’s non-current assets is as follow: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2025 | | 2024 | Mexico and Central America (1) | | Ps. | 330,720 | | Ps. | 325,771 | United States (3) | | | 25,989 | | | 26,567 | South America (2) | | | 122,991 | | | 122,915 | Europe | | | 33,061 | | | 33,972 | | Consolidated | | Ps. | 512,761 | | Ps. | 509,225 |
(1)Domestic (Mexico only) non-current assets were Ps. 313,570 and Ps. 306,649, as of December 31, 2025 and 2024, respectively. (2)South America non-current assets includes Brazil, Argentina, Colombia, Chile, Peru, Uruguay and Ecuador. Brazilian non-current assets were Ps. 64,972 and Ps. 64,208, as of December 31, 2025 and 2024, respectively. Colombia’s non-current assets were Ps. 20,898 and Ps. 20,185, as of December 31, 2025 and 2024, respectively. Argentina’s non-current assets were Ps. 4,982 and Ps. 5,746, as of December 31, 2025 and 2024, respectively. Chile’s non-current assets were Ps.24,237 and Ps. 24,384, as of December 31, 2025 and 2024, respectively. Peru’s non-current assets were Ps 1,325. ,and Ps. 1,455 as of December 31, 2025 and 2024, respectively. Uruguay’s non-current assets were Ps. 2,583 and Ps. 2,345, as of December 31, 2025 and 2024, respectively. Ecuador’s non-current assets were Ps. 3,994 and Ps. 4,592 as of December 31, 2025 and 2024, respectively. (3)During 2024 the Company completed the acquisition of Delek US Holdings, Inc. See Note 4.1.2
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