Gross capex is defined as payments for purchase of property, plant and equipment. Net capex is defined as payments for purchase of property, plant and equipment less receipts from disposals of property, plant and equipment plus principal repayment of finance lease obligations.
Emissions of CO2 and other greenhouse gases from fuel combustion and electricity use in Coca‑Cola FEMSA’s own operations (scope 1 and 2, mostly in bottling and distribution), in tonnes of CO2.
Global emissions of CO2 and other greenhouse gases from Coca‑Cola FEMSA’s wider value chain (raw materials, product cooling etc).
A beverage that contains carbonated water, a sweetener, and flavorings. They are called soft drinks (as opposed to hard drinks) because they don't have alcohol content.
Energy that is produced through means that do not pollute the atmosphere.
Effective as of December 31, 2017, we deconsolidated our operations in Venezuela and as a result began accounting for the results of operations of Coca-Cola FEMSA de Venezuela, S.A., or KOF Venezuela, as an investment under the fair value method pursuant to IFRS 9, Financial Instruments. Effective as of January 1, 2018, we no longer include the results of operations of KOF Venezuela in our consolidated financial statements. See Notes 3.3 and 26 to our consolidated financial statements.
The Coca‑Cola Company and its bottling partners.
The basis of our corporate behavior and the foundation of our policies, procedures and guidelines. It has been approved by the Board of Directors, which has also authorized its issuance and continuous updating, which is necessary due to changes observed in the business environment.
Coolers (refrigerators), vending machines and post mix machines that cool beverages for immediate consumption.
Our commercial process aims to create and satisfy consumer demand for our products whenever, wherever, and however they want them.
Base of a beverage, to which water and other ingredients are added to produce beverages. It may contain concentrated plant extracts, fruit juices, colourings and other components.
The number of eight-ounce servings consumed per person per year in a specific market. To calculate the per capita consumption, the company multiplies its unit case volume by 24 and then divides it by the total number of population.
Our customers include large international chains of retailers and restaurants and small independent businesses. We work with them equally to create mutual benefit. We serve our customers through account management teams, providing services and support tailored to their needs.