Financial
Highlights
Millions of Mexican pesos and U.S. dollars as of December 31, 2016 (except volume and per share data).
Results under International Financial Reporting Standards. Figures do not include results of Coca-Cola FEMSA Philippines, Inc.
To translate the full-year 2016 reported results of Venezuela, we use the DICOM (3) exchange rate of 673.7617 bolivars per U.S. dollar.
The 2015 results of our Venezuelan operation were translated using the SIMADI (4) exchange rate of 198.70 bolivars per U.S. dollar.
| (U.S.$) 2016 (1) | (Ps.) 2016 | (Ps.) 2015 | 2015 % Change |
||||
|---|---|---|---|---|---|---|---|
| Sales Volume (million unit cases) | 3,334.0 | 3,334.0 | 3,435.6 | -3.0% | |||
| Total Revenues | 8,620 | 177,718 | 152,360 | 16.6% |
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| Income from Operations | 1,160 | 23,920 | 22,645 | 5.6% | |||
| Controlling Interest Net Income | 488 | 10,070 | 10,235 | -1.6% | |||
| Total Assets | 13,546 | 279,256 | 210,249 | 32.8% | |||
| Long-Term Bank Loans and Notes Payable | 4,164 | 85,857 | 63,260 | 35.7% | |||
| Controlling Interest | 5,924 | 122,137 | 104,749 | 16.6% | |||
| Capital Expenditures | 601 | 12,391 | 11,484 | 7.9% | |||
| Book Value per Share (2) | 2.86 | 58.92 | 50.53 | 16.6% | |||
| Controlling Interest Earnings per Share (2) | 0.24 | 4.86 | 4.94 | -1.6% |
| (1) | U.S. dollar figures are converted from Mexican pesos using the exchange rate for Mexican pesos published by the U.S. Federal Reserve Board on December 31, 2016, which exchange rate was Ps. 20.6170 to U.S.$1.00. |
| (2) | Based on 2,072.9 million outstanding ordinary shares in 2016 and 2015. |
| (3) | Divisas Complementarias (Complementary Currencies). |
| (4) | Sistema Marginal de Divisas (Marginal Currency Administration System). |
Our operating and financial discipline, solid capital structure, talented team of professionals, strong point-of-sale execution, and ability to adapt to ever-changing market dynamics enable us to continue creating value for our shareholders.
Sales
Volume
million unit cases
Total
Revenues
billion Mexican Ps.
Income from
Operations
billion Mexican Ps.
Dividend
per Share
Mexican Ps.
Our Coca-Cola, Limon&Nada, Naranja&Nada, and Sidral Mundet brands contributed to achieve a 3.8% volume growth across our sparkling beverage portfolio in Mexico.
Our sparkling beverage transactions continued to outperform volume growth in our key markets. In Mexico, our sparkling beverage transactions increased by 4.5% during 2016.