Consolidated Statements of Changes In Equity

For the years ended December 31, 2016, 2015 and 2014
Amounts expressed in millions of U.S. dollars ( $ ) and in millions of Mexican pesos ( Ps.)

Attributable to: Capital
Stock		 Additional
Paid-in
Capital		 Retained
Earnings		 Other Equity
Instruments		 Valuation of
the Effective
Portion of
Derivative
Financial
Instruments		 Exchange
Differences on
Translation of
Foreign
Operations
and Associates		 Remeasurements
of the Net
Defined Benefit
Liability		 Equity
Attributable
To Equity
Holders of
the Parent		 Non-
Controlling
Interest		 Total
Equity
Balances at January 1, 2014 Ps. 2,048 Ps. 41,490 Ps. 70,094 Ps. - Ps. (368) Ps. 242 Ps. (255) Ps. 113,111 Ps. 4,042 Ps. 117,153
Net income   -   -   10,542   -   -   -   -   10,542   424   10,966
Other comprehensive income, net of tax   -   -   -   -   220   (11,973)   (171)   (11,924)   (47)   (11,971)
Total comprehensive income   -   -   10,542   -   220   (11,973)   (171)   (1,382)   377   (1,005)
Dividends declared   -   -   (6,012)   -   -   -   -   (6,012)   (18)   (6,030)
                                         
Balances at December 31, 2014   2,048   41,490   74,624   -   (148)   (11,731)   (566)   105,717   4,401   110,118
Net income   -   -   10,235   -   -   -   -   10,235   94   10,329
Other comprehensive income, net of tax   -   -   -   -   (77)   (4,853)   132   (4,798)   (498)   (5,296)
Total comprehensive income   -   -   10,235   -   (77)   (4,853)   132   5,437   (404)   5,033
Dividends declared   -   -   (6,405)   -   -   -   -   (6,405)   (11)   (6,416)
                                         
Balances at December 31, 2015   2,048   41,490   78,454   -   (225)   (16,584)   (434)   104,749   3,986   108,735
Net income   -   -   10,070   -   -   -   -   10,070   457   10,527
Other comprehensive income, net of tax   -   -   -   -   664   14,207   (123)   14,748   1,896   16,644
Total comprehensive income   -   -   10,070   -   664   14,207   (123)   24,818   2,353   27,171
Dividends declared   -   -   (6,945)   -   -   -   -   (6,945)   (69)   (7,014)
Increase in non-controlling interest   -   -   -   -   -   -   -   -   826   826
Acquisition of Vonpar (Note 4)   -   -   -   (485)   -   -   -   (485)   -   (485)
                                         
Balances at December 31, 2016 Ps. 2,048 Ps. 41,490 Ps. 81,579 Ps. (485) Ps. 439 Ps. (2,377) Ps. (557) Ps. 122,137 Ps. 7,096 Ps. 129,233

The accompanying notes are an integral part of these consolidated statements of changes in equity.