0001628280-25-019714 | 20-F | XBRL Viewer | Mexican Economic Development INC

Disposal of long-lived assets

2,801

$ 134

143

833

939

466

389

Contingencies, net

170

1,110

456

Legal fees and other expenses from past acquisitions

210

Items without tax requirements

139

Interest and penalties of previous years taxes

763

385

Tax credit recovery payment to former shareholders

998

Ecuador

Disclosure of Other Operating Income Expense [Line Items]

Disclosure of Other Operating Income Expense [Line Items]

596

$ 770

Mexico

Disclosure of Other Operating Income Expense [Line Items]

1,975

$ 480

Chile

Summary of Actuarial Assumptions

$ 734

[1]	Convenience translation to U.S. dollars ($) – See Note 2.2.4

Employee Benefits (Tables)

12 Months Ended

Dec. 31, 2024

Employee Benefits [Abstract]

Actuarial calculations for pension and retirement plans, seniority premiums and post-retirement medical benefits, as well as the associated cost for the period, were determined using the following long-term assumptions for Mexico:



Mexico	December 31, 2024		December 31, 2023		December 31, 2022
Financial:
Discount rate used to calculate the defined benefit obligation	10.50	%	10.20	%	9.90	%
Salary increase	4.75	%	4.75	%	4.75	%
Future pension increases	3.75	%	3.75	%	3.75	%
Healthcare cost increase rate	6.00	%	6.00	%	6.00	%
Biometric:
Mortality (1)	EMSSA 2009		EMSSA 2009		EMSSA 2009
Disability (2)	IMSS 97		IMSS‑97		IMSS 97
Normal retirement age	60 years		60 years		60 years
Employee turnover table (3)	BMAR 2007		BMAR 2007		BMAR 2007

Measurement date December:

(1)EMSSA. Mexican Experience of social security.

(2)IMSS. Mexican Experience of Instituto Mexicano del Seguro Social.

(3)BMAR. Actuary experience.

Summary of Defined Benefit Plan Expected Future Benefit Payments

Based on these assumptions, the amounts of benefits expected to be paid out in the following years are as follows:



	Pension and Retirement Plans		Seniority Premiums		Post-Retirement Medical Services		Total
2025	Ps.	1,589	Ps.	421	Ps.	23	Ps.	2,033
2026		949		285		24		1,258
2027		1,097		272		27		1,396
2028		969		265		29		1,263
2029		1,097		269		31		1,397
2030 to 2034		5,481		1,385		198		7,064

Summary of Trust Assets

Plan assets consist of fixed and variable return financial instruments recorded at fair value (Level 1), which are invested as follows:



	2024		2023
Fixed return:
Traded securities	5	%	4	%
Bank instruments	14	%	16	%
Federal government instruments of the respective countries	47	%	47	%
Variable return:
Publicly traded shares	34	%	33	%
	100	%	100	%

Summary of Amounts and Types of Securities in Related Parties Included in Portfolio Fund

In Mexico, the amounts and types of securities in related parties included in the portfolio fund are as follows:



	December 31, 2024		December 31, 2023
Debt:
BBVA Bancomer, S.A de C.V.	Ps.	43	Ps.	46
Grupo Industrial Bimbo, S.A.B. de C. V.		19		18

Equity:
Grupo Industrial Bimbo, S.A.B. de C. V.		1		1

Summary of Amount Recognized in Consolidated Income Statements and Consolidated Statements of Comprehensive Income



	Consolidated Income Statement								AOCI (1)
December 31, 2024	Current Service Cost		Past Service Cost		Gain or Loss on Settlement or Curtailment		Net Interest on the Net Defined Benefit Liability		Remeasurements of the Net Defined Benefit Liability
Pension and retirement plans	Ps.	505	Ps.	304	Ps.	(254)	Ps.	339	Ps.	2,019
Seniority premiums		394		89		(27)		200		441
Postretirement medical services		30		36		(25)		48		(56)
Total	Ps.	929	Ps.	429	Ps.	(306)	Ps.	587	Ps.	2,404
December 31, 2023
Pension and retirement plans	Ps.	489	Ps.	288	Ps.	(243)	Ps.	367	Ps.	1,311
Seniority premiums		345		21		(21)		178		117
Postretirement medical services		32		13		(14)		45		(29)
Total	Ps.	866	Ps.	322	Ps.	(278)	Ps.	590	Ps.	1,399
December 31, 2022
Pension and retirement plans	Ps.	534	Ps.	189	Ps.	(220)	Ps.	313	Ps.	1,686
Seniority premiums		328		21		(27)		150		38
Postretirement medical services		32		26		(29)		45		(35)
Total	Ps.	894	Ps.	236	Ps.	(276)	Ps.	508	Ps.	1,689

(1)Amounts accumulated in other comprehensive income as of the end of the period.

Summary of Remeasurements of Net Defined Benefit Liability Recognized in Accumulated Other Comprehensive Income

Remeasurements of the net defined benefit liability recognized in accumulated other comprehensive income are as follows:



	December 31, 2024		December 31, 2023		December 31, 2022
Amount accumulated in other comprehensive income as of the beginning of the period, net of tax	Ps.	923	Ps.	1,661	Ps.	2,078

Actuarial (gains) losses arising from exchange rates		190		(100)		(77)
Remeasurements during the year, net of tax		931		314		211
Actuarial (gains) and losses arising from changes in financial assumptions		957		223		(1,848)
Actuarial (gains) and losses arising from changes in demographic assumptions		1		(4)		(71)
Business Acquisitions		—		—		336
Return on plan assets		(752)		(92)		713
Changes in the effect of limiting a net defined benefit asset to the asset ceiling		(286)		(546)		319
Effect of settlement		—		(533)		—
Amount accumulated in other comprehensive income as of the end of the period, net of tax	Ps.	1,964	Ps.	923	Ps.	1,661

Summary of Changes in the Balance of the Defined Benefit Obligation for Post-employment



	December 31, 2024		December 31, 2023		December 31, 2022
Pension and Retirement Plans:
Initial balance	Ps.	15,366	Ps.	15,113	Ps.	8,015
Current service cost		505		489		534
Past service cost		239		288		163
Interest expense		815		820		687
Gain on settlement		(254)		(243)		(280)
Remeasurements of the net defined benefit obligation		708		531		(2,073)
Foreign exchange (gain) or loss		1,793		(48)		(79)
Benefits paid		(1,430)		(1,504)		(1,146)
Business acquisitions		—		—		9,189
Employees contributions		105		119		103
Local plans		19		—		—
Plan amendments		—		(4)		—
Discontinued operations		—		(195)		—
Ending balance	Ps.	17,866	Ps.	15,366	Ps.	15,113
Seniority Premiums:
Initial balance	Ps.	2,181	Ps.	2,068	Ps.	2,108
Current service cost		394		345		328
Past service cost		89		21		7
Interest expense		212		191		160
Gain on settlement		(27)		(21)		(13)
Remeasurements of the net defined benefit obligation		324		66		(342)
Benefits paid		(201)		(254)		(180)
Discontinued operations		—		(235)		—
Ending balance	Ps.	2,972	Ps.	2,181	Ps.	2,068
Postretirement Medical Services:
Initial balance	Ps.	554	Ps.	556	Ps.	647
Current service cost		30		32		32
Past service cost		36		13		26
Interest expense		57		54		52
Gain on settlement		(25)		(14)		(29)
Remeasurements of the net defined benefit obligation		(27)		5		(136)
Benefits paid		(31)		(43)		(36)
Discontinued operations		—		(49)		—
Ending balance	Ps.	594	Ps.	554	Ps.	556

Summary of Amount of Defined Benefit Plan Expense and OCI Impact in Absolute Terms of Variation on Net Defined Benefit Liability

The following table presents the amount of defined benefit plan expense and OCI impact in absolute terms of a variation of 1% in the assumptions on the net defined benefit liability associated with the Company’s defined benefit plans. The sensitivity of this 1% on the significant actuarial assumptions is based on projected long-term discount rates for Mexico and a yield curve projection of CETES:

+1%:

Consolidated Income Statement

OCI(1)

(Gain) or

Effect of Net

Remeasurements

Discount rate used to calculate the defined benefit

Loss on

Interest on the Net

of the Net Defined

obligation and the net interest on the net defined

Current

Settlement or

Defined Benefit

Benefit Liability

benefit liability

Service Cost

Curtailment

Liability

Pension and retirement plans

Ps.

771

Ps.

(252)

Ps.

283

Ps.

2,316

Seniority premiums

454

(25)

185

408

Postretirement medical services

(21)

(49)

Total

Ps.

1,279

Ps.

(298)

Ps.

506

Ps.

2,675

Expected salary increase

Pension and retirement plans

Ps.

874

Ps.

(289)

Ps.

404

Ps.

2,564

Seniority premiums

512

(28)

205

455

Total

Ps.

1,386

Ps.

(317)

Ps.

609

Ps.

3,019

Assumed rate of increase in healthcare costs

Postretirement medical services

Ps.

(30)

Ps.

(76)

-1%:

Consolidated Income Statement

OCI(1)

(Gain) or

Effect of Net

Remeasurements

Discount rate used to calculate the defined benefit

Loss on

Interest on the Net

of the Net Defined

obligation and the net interest on the net defined

Current

Settlement or

Defined Benefit

Benefit Liability

benefit liability

Service Cost

Curtailment

Liability

Pension and retirement plans

Ps.

873

Ps.

(280)

Ps.

446

Ps.

2,594

Seniority premiums

507

(29)

217

480

Postretirement medical services

(30)

(75)

Total

Ps.

1,459

Ps.

(339)

Ps.

718

Ps.

2,999

Expected salary increase

Pension and retirement plans

Ps.

751

Ps.

(248)

Ps.

313

Ps.

2,334

Seniority premiums

453

(26)

194

425

Total

Ps.

1,204

Ps.

(274)

Ps.

507

Ps.

2,759

Assumed rate of increase in healthcare costs

Postretirement medical services

Ps.

(21)

Ps.

(49)

(1)Amounts accumulated in other comprehensive income as of the end of the period.

Summary of Employee Benefit Expenses Recognized in Consolidated Income Statements

For the years ended December 31, 2024, 2023 and 2022, employee benefits expenses recognized in the consolidated income statements as cost of goods sold, administrative and selling expenses are as follows:



	2024		2023		2022
Wages and salaries	Ps.	104,357	Ps.	97,751	Ps.	83,433
Social security costs		17,586		15,941		13,511
Employee profit sharing		2,694		2,419		2,598
Post-employment benefits		1,052		910		854
Share-based payments (Note 15)		947		943		866
	Ps.	126,636	Ps.	117,964	Ps.	101,262

Taxes - Deferred Income Tax in Financial Statements (Details) - MXN ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disclosure of income taxes [Line Items]
Deferred tax income net recorded in share of the profit of equity method accounted investees	$ 0	$ 1,601	$ 567
Deferred tax asset before reclassification to assets held for sale	(27,632)	(29,639)
Deferred tax asset from assets held for sale	720	2,041
Deferred tax liability before reclassification to assets held for sale	9,077	7,373
Deferred tax liability from assets held from sale	$ (384)	$ (2)
Deferred tax recovery period	10 years

Non-Controlling Interest in Consolidated Subsidiaries - Options (Details)	12 Months Ended
	Dec. 31, 2024
Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [line items]
Ownership under option, as a percent	20.00%

Cover Page - shares	12 Months Ended
Cover Page - shares	Dec. 31, 2024	Dec. 31, 2023
Document Information [Line Items]
Document Type	20-F
Document Annual Report	true
Document Period End Date	Dec. 31, 2024
Current Fiscal Year End Date	--12-31
Entity File Number	001-35934
Entity Registrant Name	Mexican Economic Development, Inc.
Entity Incorporation, State or Country Code	O5
Entity Address, Address Line One	General Anaya No. 601 Pte.
Entity Address, Address Line Two	Colonia Bella Vista
Entity Address, City or Town	Monterrey
Entity Address, State or Province	NL
Entity Address, Postal Zip Code	64410
Entity Address, Country	MX
Title of 12(b) Security	3.500% Senior Notes due 2050
Trading Symbol	FMX50
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding	1,417,048,500
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Document Accounting Standard	International Financial Reporting Standards
Entity Shell Company	false
Entity Central Index Key	0001061736
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Amendment Flag	false
Document Transition Report	false
Document Registration Statement	false
Document Shell Company Report	false
Auditor Firm ID	1284	1243
Business Contact [Member]
Document Information [Line Items]
Contact Personnel Name	Juan F. Fonseca
City Area Code	52-818
Local Phone Number	328-6167
Contact Personnel Email Address	investor@femsa.com
Entity Address, Address Line One	General Anaya No. 601 Pte.
Entity Address, Address Line Two	Colonia Bella Vista
Entity Address, City or Town	Monterrey
Entity Address, State or Province	NL
Entity Address, Postal Zip Code	64410
Entity Address, Country	MX
ADR
Document Information [Line Items]
Title of 12(b) Security	American Depositary Shares
Trading Symbol	FMX
Security Exchange Name	NYSE

Taxes - Tax Loss Carryforwards, Maturity (Details) - MXN ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Disclosure of income taxes [Line Items]
Adjustments in deferred income tax assets	$ 2,500	$ 1,547
NOLs usage limit	30.00%

Inventories (Tables)

12 Months Ended

Dec. 31, 2024

Inventories [Abstract]

Summary of Inventories



	December 31, 2024		December 31, 2023
Finished products	Ps.	60,152	Ps.	51,939
Raw materials		4,545		3,701
Spare parts		1,636		1,145
Work in process		758		899
Inventories in transit		373		538
	Ps.	67,464	Ps.	58,222

Summary of Changes in Inventories

For the years ended December 31, 2024, December 31, 2023 and December 31, 2022, changes in inventories are comprised of the following and included in the consolidated income statement under the cost of goods sold caption:



	2024		2023		2022
Changes in inventories of finished goods and work in process	Ps.	317,608	Ps.	286,346	Ps.	234,174
Raw materials and consumables used		126,040		115,542		84,984
Total	Ps.	443,648	Ps.	401,888	Ps.	319,158

Non-Controlling Interest in Consolidated Subsidiaries - Rollforward (Details) - MXN ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [line items]
Other acquisitions and remeasurements	$ (186)	$ 0	$ 5
Repurchase of non-controlling interests	0	0	(79)
Contribution from non-controlling interest	$ 0	$ 0	$ 352

Taxes - Net Deferred Income Tax Asset Rollforward (Details) - MXN ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disclosure of income taxes [Line Items]
Deferred tax provision for the period	$ 2,055	$ (5,960)	$ (1,115)
Deferred tax income net recorded in share of the profit of equity method accounted investees	0	2	(694)
Unrealized (gain) on cash flow hedges	801	(594)	(1,281)
Remeasurements of the net defined benefit liability	(399)	405	497
Retained earnings of equity method accounted investees	0	954	(334)
Restatement effect of the period and beginning balances associated with hyperinflationary economies	$ (803)	$ 121	$ 155

Other Liabilities, Provisions, Contingencies and Commitments - Other Current Liabilities (Details)
$ in Millions, $ in Millions

Dec. 31, 2024

MXN ($)

Dec. 31, 2024

USD ($)

Dec. 31, 2023

MXN ($)

Other Liabilities, Provisions, Contingencies and Commitments [Abstract]

Accounts payable

$ 32,370

$ 1,552

^[1]

$ 26,772

[1]	Convenience translation to U.S. dollars ($) – See Note 2.2.4

Non-Controlling Interest in Consolidated Subsidiaries - Summarized Financial Information (Details) - MXN ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [line items]
Consolidated comprehensive income for the year, net of tax	$ 29,706	$ 14,104

Label

Element

Value

Adjusted Weighted Average Shares Further Adjusted To Reflect Dividend Rights

fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights

9,201,560,000

Adjusted Weighted Average Shares Further Adjusted To Reflect Dividend Rights

fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights

10,581,570,000

Adjusted Weighted Average Shares Further Adjusted To Reflect Dividend Rights

fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights

9,246,420,000

Adjusted Weighted Average Shares Further Adjusted To Reflect Dividend Rights

fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights

10,805,890,000

Adjusted Weighted Average Shares Further Adjusted To Reflect Dividend Rights

fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights

9,246,420,000

Adjusted Weighted Average Shares Further Adjusted To Reflect Dividend Rights

fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights

10,805,890,000

Increase (Decrease) In Cash And Cash Equivalents Discontinued Operations, Included In Net Cash

fmx_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperationsIncludedInNetCash

$ 47,000,000

^[1]

Increase (Decrease) In Cash And Cash Equivalents Discontinued Operations, Included In Net Cash

fmx_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperationsIncludedInNetCash

$ 977,000,000

Increase (Decrease) In Cash And Cash Equivalents Discontinued Operations, Included In Net Cash

fmx_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperationsIncludedInNetCash

Increase (Decrease) In Cash And Cash Equivalents Discontinued Operations, Included In Net Cash

fmx_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperationsIncludedInNetCash

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

222,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

735,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

2,903,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

536,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

849,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

7,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(2,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

5,250,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

177,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

587,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

1,897,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

400,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

655,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

123,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

4,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

3,843,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(244,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(2,034,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(354,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(745,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(5,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(34,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(3,416,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(218,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(1,265,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(291,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(649,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(2,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(13,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(2,438,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(382,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(2,106,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(494,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(1,123,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(6,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(44,000,000)

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

(4,155,000,000)

fmx_IntercompanyRevenues

10,193,000,000

fmx_IntercompanyRevenues

3,430,000,000

fmx_IntercompanyRevenues

fmx_IntercompanyRevenues

fmx_IntercompanyRevenues

176,000,000

fmx_IntercompanyRevenues

6,690,000,000

fmx_IntercompanyRevenues

(20,489,000,000)

fmx_IntercompanyRevenues

fmx_IntercompanyRevenues

8,448,000,000

fmx_IntercompanyRevenues

1,735,000,000

fmx_IntercompanyRevenues

fmx_IntercompanyRevenues

3,000,000

fmx_IntercompanyRevenues

349,000,000

fmx_IntercompanyRevenues

17,442,000,000

fmx_IntercompanyRevenues

(27,977,000,000)

fmx_IntercompanyRevenues

fmx_IntercompanyRevenues

6,489,000,000

fmx_IntercompanyRevenues

74,000,000

fmx_IntercompanyRevenues

fmx_IntercompanyRevenues

fmx_IntercompanyRevenues

311,000,000

fmx_IntercompanyRevenues

fmx_IntercompanyRevenues

14,518,000,000

fmx_IntercompanyRevenues

(21,392,000,000)

Business Combination Proforma Income Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IntercompanyRevenues

fmx_BusinessCombinationProformaIncomeBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

67,776,000,000

Business Combination Proforma Income Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_BusinessCombinationProformaIncomeBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

57,826,000,000

Business Combination Proforma Income Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_BusinessCombinationProformaIncomeBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

43,318,000,000

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

80,000,000

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

80,000,000

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

80,000,000

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

70,000,000

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

70,000,000

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

70,000,000

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

256,000,000

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

(123,000,000)

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

133,000,000

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

133,000,000

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

(94,000,000)

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

1,000,000

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

(95,000,000)

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

(95,000,000)

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

(78,000,000)

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

(78,000,000)

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

(78,000,000)

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

(129,000,000)

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

(129,000,000)

Changes In Value On Recognition Of Inflation Effects

fmx_ChangesInValueOnRecognitionOfInflationEffects

$ (129,000,000)

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

4.40%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

1.90%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

4.40%

Disclosure Of Entitys Share Of Other Comprehensive Income From Equity Investees [Table Text Block]

fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTableTextBlock

For the year ended December 31, 2024, 2023 and 2022, the Company’s share of other comprehensive income from equity investees, net of taxes are as follows:



	2024		2023		2022
Items that may be reclassified to consolidated net income:
Valuation of the effective portion of derivative financial instruments	Ps.	(32)	Ps.	(526)	Ps.	(286)
Exchange differences on translating foreign operations		292		6,623		2,655
Total	Ps.	260	Ps.	6,097	Ps.	2,369
Items that may not be reclassified to consolidated net income in subsequent periods:
Remeasurements of the net defined benefit liability	Ps.	—	Ps.	897	Ps.	267

Net Taxable Income Denominated Balance

fmx_NetTaxableIncomeDenominatedBalance

$ 383,998,000,000

fmx_OtherAcquisitionsOfNoncontrollingInterest

(295,000,000)

fmx_OtherAcquisitionsOfNoncontrollingInterest

(295,000,000)

fmx_OtherAcquisitionsOfNoncontrollingInterest

(74,000,000)

fmx_OtherAcquisitionsOfNoncontrollingInterest

(369,000,000)

fmx_OtherAcquisitionsOfNoncontrollingInterest

fmx_OtherAcquisitionsOfNoncontrollingInterest

1,681,000,000

fmx_OtherAcquisitionsOfNoncontrollingInterest

1,681,000,000

fmx_OtherAcquisitionsOfNoncontrollingInterest

(3,000,000)

fmx_OtherAcquisitionsOfNoncontrollingInterest

(3,000,000)

fmx_OtherAcquisitionsOfNoncontrollingInterest

186,000,000

fmx_OtherAcquisitionsOfNoncontrollingInterest

183,000,000

fmx_InvestmentsInSecurities

43,000,000

fmx_InvestmentsInSecurities

46,000,000

fmx_InvestmentsInSecurities

19,000,000

fmx_InvestmentsInSecurities

18,000,000

fmx_InvestmentsInSecurities

1,000,000

fmx_InvestmentsInSecurities

$ 1,000,000

fmx_PercentageOfDividendPaid

50.00%

fmx_PercentageOfDividendPaid

50.00%

fmx_PercentageOfDividendPaid

50.00%

fmx_PercentageOfDividendPaid

50.00%

fmx_PercentageOfDividendPaid

50.00%

fmx_PercentageOfDividendPaid

50.00%

fmx_PercentageOfDividendPaid

50.00%

fmx_PercentageOfDividendPaid

50.00%

fmx_PercentageOfDividendPaid

25.00%

fmx_PercentageOfDividendPaid

25.00%

fmx_PercentageOfDividendPaid

25.00%

fmx_PercentageOfDividendPaid

25.00%

fmx_PercentageOfDividendPaid

25.00%

fmx_PercentageOfDividendPaid

25.00%

fmx_PercentageOfDividendPaid

25.00%

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_PercentageOfDividendPaid

25.00%

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

$ 3,191,000,000

^[2]

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

$ 66,547,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

57,816,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

46,496,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

36,011,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

18,987,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

1,116,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

(1,049,000,000)

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

1,218,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

10,265,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

(1,000,000)

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

28,792,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

16,060,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

388,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

(166,000,000)

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

699,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

26,479,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

(14,436,000,000)

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

25,787,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

17,198,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

218,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

1,659,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

1,543,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

4,985,000,000

Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees

fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees

$ (4,894,000,000)

Proceeds From (Payments For) Derivative Financial Instrument Investing Activities

fmx_ProceedsFromPaymentsForDerivativeFinancialInstrumentInvestingActivities

$ 0

^[1]

Proceeds From (Payments For) Derivative Financial Instrument Investing Activities

fmx_ProceedsFromPaymentsForDerivativeFinancialInstrumentInvestingActivities

$ 0

Proceeds From (Payments For) Derivative Financial Instrument Investing Activities

fmx_ProceedsFromPaymentsForDerivativeFinancialInstrumentInvestingActivities

(199,000,000)

Proceeds From (Payments For) Derivative Financial Instrument Investing Activities

fmx_ProceedsFromPaymentsForDerivativeFinancialInstrumentInvestingActivities

$ (560,000,000)

fmx_RevenueFromSales

$ 37,187,000,000

^[2]

fmx_RevenueFromSales

$ 775,551,000,000

fmx_RevenueFromSales

699,640,000,000

fmx_RevenueFromSales

595,543,000,000

fmx_RevenueFromSales

20,200,000,000

fmx_RevenueFromSales

80,634,000,000

Increase (Decrease) In Existing Provisions From Penalties And Other Charges.

fmx_RevenueFromSales

76,194,000,000

fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges.

67,000,000

Increase (Decrease) In Existing Provisions From Penalties And Other Charges.

fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges.

56,000,000

Increase (Decrease) In Existing Provisions From Penalties And Other Charges.

fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges.

109,000,000

Increase (Decrease) In Existing Provisions From Penalties And Other Charges.

fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges.

71,000,000

Increase (Decrease) In Existing Provisions From Penalties And Other Charges.

fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges.

64,000,000

Increase (Decrease) In Existing Provisions From Penalties And Other Charges.

fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges.

81,000,000

Increase (Decrease) In Existing Provisions From Penalties And Other Charges.

fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges.

52,000,000

Increase (Decrease) In Existing Provisions From Penalties And Other Charges.

fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges.

50,000,000

Increase (Decrease) In Existing Provisions From Penalties And Other Charges.

fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges.

63,000,000

Other Current Assets, Other

fmx_OtherCurrentAssetsOther

411,000,000

Other Current Assets, Other

fmx_OtherCurrentAssetsOther

127,000,000

fmx_InvestmentsInFixedAssets

29,553,000,000

fmx_InvestmentsInFixedAssets

16,239,000,000

fmx_InvestmentsInFixedAssets

2,270,000,000

fmx_InvestmentsInFixedAssets

1,835,000,000

fmx_InvestmentsInFixedAssets

398,000,000

fmx_InvestmentsInFixedAssets

fmx_InvestmentsInFixedAssets

3,200,000,000

fmx_InvestmentsInFixedAssets

(2,426,000,000)

fmx_InvestmentsInFixedAssets

51,069,000,000

fmx_InvestmentsInFixedAssets

21,396,000,000

fmx_InvestmentsInFixedAssets

13,387,000,000

fmx_InvestmentsInFixedAssets

1,654,000,000

fmx_InvestmentsInFixedAssets

1,750,000,000

fmx_InvestmentsInFixedAssets

186,000,000

fmx_InvestmentsInFixedAssets

fmx_InvestmentsInFixedAssets

1,659,000,000

fmx_InvestmentsInFixedAssets

(1,421,000,000)

fmx_InvestmentsInFixedAssets

38,611,000,000

fmx_InvestmentsInFixedAssets

19,665,000,000

fmx_InvestmentsInFixedAssets

9,931,000,000

fmx_InvestmentsInFixedAssets

544,000,000

fmx_InvestmentsInFixedAssets

2,868,000,000

fmx_InvestmentsInFixedAssets

157,000,000

fmx_InvestmentsInFixedAssets

fmx_InvestmentsInFixedAssets

2,213,000,000

fmx_InvestmentsInFixedAssets

(968,000,000)

Change In Weighted Average Cost Of Capital Percentage

fmx_InvestmentsInFixedAssets

$ 34,410,000,000

fmx_ChangeInWeightedAverageCostOfCapitalPercentage

40.00%

Change In Weighted Average Cost Of Capital Percentage

fmx_ChangeInWeightedAverageCostOfCapitalPercentage

50.00%

Change In Weighted Average Cost Of Capital Percentage

fmx_ChangeInWeightedAverageCostOfCapitalPercentage

70.00%

Change In Weighted Average Cost Of Capital Percentage

fmx_ChangeInWeightedAverageCostOfCapitalPercentage

170.00%

Change In Weighted Average Cost Of Capital Percentage

fmx_ChangeInWeightedAverageCostOfCapitalPercentage

50.00%

Change In Weighted Average Cost Of Capital Percentage

fmx_ChangeInWeightedAverageCostOfCapitalPercentage

50.00%

Change In Weighted Average Cost Of Capital Percentage

fmx_ChangeInWeightedAverageCostOfCapitalPercentage

170.00%

Change In Weighted Average Cost Of Capital Percentage

fmx_ChangeInWeightedAverageCostOfCapitalPercentage

60.00%

Change In Weighted Average Cost Of Capital Percentage

fmx_ChangeInWeightedAverageCostOfCapitalPercentage

10.00%

Change In Weighted Average Cost Of Capital Percentage

fmx_ChangeInWeightedAverageCostOfCapitalPercentage

0.30%

Increase Decrease Through Change In Equity Method Of Associates

fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates

$ 335,000,000

Increase Decrease Through Change In Equity Method Of Associates

fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates

335,000,000

Increase Decrease Through Change In Equity Method Of Associates

fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates

335,000,000

Increase Decrease Through Change In Equity Method Of Associates

fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates

19,000,000

Increase Decrease Through Change In Equity Method Of Associates

fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates

19,000,000

Increase Decrease Through Change In Equity Method Of Associates

fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates

19,000,000

fmx_TaxContingenciesAmount

110,752,000,000

fmx_TaxContingenciesAmount

10,454,000,000

fmx_TaxContingenciesAmount

37,219,000,000

fmx_TaxContingenciesAmount

30,115,000,000

fmx_TaxContingenciesAmount

12,263,000,000

fmx_TaxContingenciesAmount

2,621,000,000

fmx_TaxContingenciesAmount

706,000,000

Increase (Decrease) In Net Defined Benefit Liability (Asset) Resulting from Administrative Cost

fmx_TaxContingenciesAmount

17,374,000,000

fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromAdministrativeCost

(14,000,000)

Increase (Decrease) In Net Defined Benefit Liability (Asset) Resulting from Administrative Cost

fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromAdministrativeCost

(14,000,000)

Increase (Decrease) In Net Defined Benefit Liability (Asset) Resulting from Administrative Cost

fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromAdministrativeCost

(11,000,000)

fmx_IncreaseThroughPurchaseOfFinancialInstruments

(350,000,000)

fmx_IncreaseThroughPurchaseOfFinancialInstruments

50,000,000

fmx_IncreaseThroughPurchaseOfFinancialInstruments

(59,000,000)

fmx_IncreaseThroughPurchaseOfFinancialInstruments

(359,000,000)

fmx_IncreaseThroughPurchaseOfFinancialInstruments

(608,000,000)

fmx_IncreaseThroughPurchaseOfFinancialInstruments

(967,000,000)

fmx_IncreaseThroughPurchaseOfFinancialInstruments

41,000,000

fmx_IncreaseThroughPurchaseOfFinancialInstruments

(261,000,000)

fmx_IncreaseThroughPurchaseOfFinancialInstruments

88,000,000

fmx_IncreaseThroughPurchaseOfFinancialInstruments

(54,000,000)

fmx_IncreaseThroughPurchaseOfFinancialInstruments

332,000,000

Repayments Of Noncurrent Borrowings, Savings

fmx_IncreaseThroughPurchaseOfFinancialInstruments

278,000,000

fmx_RepaymentsOfNoncurrentBorrowingsSavings

408,000,000

Repayments Of Noncurrent Borrowings, Savings

fmx_RepaymentsOfNoncurrentBorrowingsSavings

$ 7,500,000,000

Schedule Of Reconciliation Of Share Repurchase Program [Table Text Block]

fmx_ScheduleOfReconciliationOfShareRepurchaseProgramTableTextBlock

Share Repurchase Program Reconciliation:


Oct 31 2023	Shares outstanding	17,891,131,350
Dec 31 2023	Shares repurchased in Treasury	1,906,500
Jan 1 2024	Shares outstanding	17,889,224,850
Mar 31 2024	Shares repurchased in Treasury	61,716,970
Mar 31 2024	Shares outstanding	17,827,507,880
Jun 30 2024	Shares repurchased in Treasury	177,020,845
Jun 30 2024	Shares outstanding	17,650,487,035
Sep 30 2024	Shares repurchased in Treasury	270,362,300
Sep 30 2024	Shares outstanding	17,380,124,735
Dec 31 2024	Shares repurchased in Treasury	—
Dec 31 2024	Shares outstanding	17,380,124,735

fmx_EffectOnValuation

Passes by 5x

fmx_EffectOnValuation

Passes by 1.9x

fmx_EffectOnValuation

Passes by 2.5x

fmx_EffectOnValuation

Passes by 5x

fmx_EffectOnValuation

Passes by 7.3x

fmx_EffectOnValuation

Passes by 3.9x

fmx_EffectOnValuation

Passes by 2.1x

fmx_EffectOnValuation

Passes by 3.6x

fmx_EffectOnValuation

Passes by 3x

fmx_EffectOnValuation

Passes by 6.24x

fmx_EffectOnValuation

Passes by 1.45x

fmx_RevenueOtherThanFromSales

$ 289,000,000

^[2]

fmx_RevenueOtherThanFromSales

$ 6,034,000,000

fmx_RevenueOtherThanFromSales

3,052,000,000

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_RevenueOtherThanFromSales

$ 1,465,000,000

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

9.40%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

3.60%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

9.40%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

5.46%

Change In Volume Growth Of Compound Annual Growth Rate

fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate

1.00%

Change In Volume Growth Of Compound Annual Growth Rate

fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate

1.00%

Change In Volume Growth Of Compound Annual Growth Rate

fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate

1.00%

Change In Volume Growth Of Compound Annual Growth Rate

fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate

1.00%

Change In Volume Growth Of Compound Annual Growth Rate

fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate

1.00%

Change In Volume Growth Of Compound Annual Growth Rate

fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate

1.00%

Change In Volume Growth Of Compound Annual Growth Rate

fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate

1.00%

Change In Volume Growth Of Compound Annual Growth Rate

fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate

1.00%

Change In Volume Growth Of Compound Annual Growth Rate

fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate

1.00%

Change In Volume Growth Of Compound Annual Growth Rate

fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate

(0.50%)

Change In Volume Growth Of Compound Annual Growth Rate

fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate

(0.50%)

fmx_NumberOfSeriesDLSharesIssued

fmx_NumberOfSeriesDLSharesIssued

4,322,355,540

fmx_NumberOfSeriesDLSharesIssued

4,322,355,540

fmx_NumberOfSeriesDLSharesIssued

fmx_NumberOfSeriesDLSharesIssued

4,322,355,540

Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months1

fmx_NumberOfSeriesDLSharesIssued

4,322,355,540

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1

$ 1,589,000,000

Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months1

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1

421,000,000

Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months1

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1

23,000,000

Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months1

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1

$ 2,033,000,000

fmx_PercentageOfDividendRightsToBePaid

100.00%

fmx_PercentageOfDividendRightsToBePaid

125.00%

fmx_PercentageOfDividendRightsToBePaid

100.00%

fmx_PercentageOfDividendRightsToBePaid

125.00%

fmx_PercentageOfDividendRightsToBePaid

100.00%

Borrowings, Interest Rate Basis Spread

fmx_PercentageOfDividendRightsToBePaid

125.00%

fmx_BorrowingsInterestRateBasisSpread

1.30%

Borrowings, Interest Rate Basis Spread

fmx_BorrowingsInterestRateBasisSpread

1.375%

Borrowings, Interest Rate Basis Spread

fmx_BorrowingsInterestRateBasisSpread

0.25%

Proceeds from sales of investments accounted for using equity method, Cash Acquired

fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCashAcquired

$ 7,637,000,000

Proceeds from sales of investments accounted for using equity method, Credit Note

fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCreditNote

534,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Two

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo

949,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Two

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo

285,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Two

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo

24,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Two

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo

$ 1,258,000,000

fmx_AllocationOfEarningsPercentageWeightedAverage

46.11%

fmx_AllocationOfEarningsPercentageWeightedAverage

53.89%

fmx_AllocationOfEarningsPercentageWeightedAverage

46.11%

fmx_AllocationOfEarningsPercentageWeightedAverage

53.89%

fmx_AllocationOfEarningsPercentageWeightedAverage

46.11%

Interest Expense And Fee Paid Related Party Transactions

fmx_AllocationOfEarningsPercentageWeightedAverage

53.89%

fmx_InterestExpenseAndFeePaidRelatedPartyTransactions

$ 206,000,000

Interest Expense And Fee Paid Related Party Transactions

fmx_InterestExpenseAndFeePaidRelatedPartyTransactions

215,000,000

Interest Expense And Fee Paid Related Party Transactions

fmx_InterestExpenseAndFeePaidRelatedPartyTransactions

472,000,000

Payments For Investment Share Issue Costs

fmx_PaymentsForInvestmentShareIssueCosts

106,273,000,000

Payments For Investment Share Issue Costs

fmx_PaymentsForInvestmentShareIssueCosts

5,063,000,000

Proceeds From Sales Of Investments Accounted For Using Equity Method, Net Of Investment Share Issue Costs

fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodNetOfInvestmentShareIssueCosts

26,949,000,000

Proceeds From Sales Of Investments Accounted For Using Equity Method, Net Of Investment Share Issue Costs

fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodNetOfInvestmentShareIssueCosts

$ 3,109,000,000

Purchase Of Other Financial Assets Classified As Investing Activities

fmx_PurchaseOfOtherFinancialAssetsClassifiedAsInvestingActivities

$ 26,000,000

^[1]

Purchase Of Other Financial Assets Classified As Investing Activities

fmx_PurchaseOfOtherFinancialAssetsClassifiedAsInvestingActivities

$ 539,000,000

Purchase Of Other Financial Assets Classified As Investing Activities

fmx_PurchaseOfOtherFinancialAssetsClassifiedAsInvestingActivities

1,550,000,000

Purchase Of Other Financial Assets Classified As Investing Activities

fmx_PurchaseOfOtherFinancialAssetsClassifiedAsInvestingActivities

1,500,000,000

Costs To Sell Or From Disposal Of Assets Or Disposal Groups Constituting Discontinued Operation

fmx_CostsToSellOrFromDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation

430,000,000

Costs To Sell Or From Disposal Of Assets Or Disposal Groups Constituting Discontinued Operation

fmx_CostsToSellOrFromDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation

(65,000,000)

fmx_RemeasurementsOfRightOfUseAssets

4,812,000,000

fmx_RemeasurementsOfRightOfUseAssets

711,000,000

fmx_RemeasurementsOfRightOfUseAssets

5,523,000,000

fmx_RemeasurementsOfRightOfUseAssets

8,416,000,000

fmx_RemeasurementsOfRightOfUseAssets

674,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Three

fmx_RemeasurementsOfRightOfUseAssets

9,090,000,000

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree

1,097,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Three

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree

272,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Three

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree

27,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Three

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree

$ 1,396,000,000

fmx_NumberOfSeriesDBSharesIssued

fmx_NumberOfSeriesDBSharesIssued

4,322,355,540

fmx_NumberOfSeriesDBSharesIssued

4,322,355,540

fmx_NumberOfSeriesDBSharesIssued

fmx_NumberOfSeriesDBSharesIssued

4,322,355,540

Defined Benefit Plan Expected Future Benefit Payment Year Four

fmx_NumberOfSeriesDBSharesIssued

4,322,355,540

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour

$ 969,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Four

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour

265,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Four

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour

29,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Four

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour

1,263,000,000

Licenses, Current

fmx_LicensesCurrent

502,000,000

Licenses, Current

fmx_LicensesCurrent

233,000,000

IFRS Loss Contingency, Damages Sought, Value

fmx_IfrsLossContingencyDamagesSoughtValue

170,658,000,000

Effects Of Changes In Foreign Exchange Rates Right Of Use Assets

fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets

3,826,000,000

Effects Of Changes In Foreign Exchange Rates Right Of Use Assets

fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets

274,000,000

Effects Of Changes In Foreign Exchange Rates Right Of Use Assets

fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets

4,100,000,000

Effects Of Changes In Foreign Exchange Rates Right Of Use Assets

fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets

(2,184,000,000)

Effects Of Changes In Foreign Exchange Rates Right Of Use Assets

fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets

(161,000,000)

Effects Of Changes In Foreign Exchange Rates Right Of Use Assets

fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets

(2,345,000,000)

fmx_NetExposureCommoditiesRisk

440,000,000

fmx_NetExposureCommoditiesRisk

389,000,000

fmx_NetExposureCommoditiesRisk

fmx_NetExposureCommoditiesRisk

11,000,000

fmx_NetExposureCommoditiesRisk

11,000,000

fmx_NetExposureCommoditiesRisk

fmx_NetExposureCommoditiesRisk

72,000,000

fmx_NetExposureCommoditiesRisk

fmx_NetExposureCommoditiesRisk

fmx_NetExposureCommoditiesRisk

3,476,000,000

fmx_NetExposureCommoditiesRisk

1,500,000,000

fmx_NetExposureCommoditiesRisk

787,000,000

fmx_NetExposureCommoditiesRisk

298,000,000

fmx_NetExposureCommoditiesRisk

349,000,000

fmx_NetExposureCommoditiesRisk

fmx_NetExposureCommoditiesRisk

1,703,000,000

fmx_NetExposureCommoditiesRisk

890,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Five

fmx_NetExposureCommoditiesRisk

745,000,000

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive

1,097,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Five

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive

269,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Five

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive

31,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Five

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive

1,397,000,000

Agreement With Customers, Current

fmx_AgreementWithCustomersCurrent

132,000,000

Agreement With Customers, Current

fmx_AgreementWithCustomersCurrent

126,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Six To Ten

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearSixToTen

5,481,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Six To Ten

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearSixToTen

1,385,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Six To Ten

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearSixToTen

198,000,000

Defined Benefit Plan Expected Future Benefit Payment Year Six To Ten

fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearSixToTen

$ 7,064,000,000

fmx_CommoditiesAveragePrice

2,480.15

fmx_CommoditiesAveragePrice

2,542.39

fmx_CommoditiesAveragePrice

fmx_CommoditiesAveragePrice

2.14

fmx_CommoditiesAveragePrice

2.14

fmx_CommoditiesAveragePrice

fmx_CommoditiesAveragePrice

950.00

fmx_CommoditiesAveragePrice

fmx_CommoditiesAveragePrice

fmx_CommoditiesAveragePrice

19.38

fmx_CommoditiesAveragePrice

19.14

fmx_CommoditiesAveragePrice

17.94

fmx_CommoditiesAveragePrice

2,304

fmx_CommoditiesAveragePrice

2,364

fmx_CommoditiesAveragePrice

fmx_CommoditiesAveragePrice

22.43

fmx_CommoditiesAveragePrice

22.18

Insurance Recovery, Investing Activities

fmx_CommoditiesAveragePrice

22.62

fmx_InsuranceRecoveryInvestingActivities

$ 245,000,000

Percentage Of Fund Assets

fmx_PercentageOfFundAssets

30.00%

Insurance Recovery, Operating Activities

fmx_InsuranceRecoveryOperatingActivities

$ 1,090,000,000

Share Repurchase Program, Shares Repurchased, Value

fmx_ShareRepurchaseProgramSharesRepurchasedValue

(86,000,000)

Share Repurchase Program, Shares Repurchased, Value

fmx_ShareRepurchaseProgramSharesRepurchasedValue

(20,225,000,000)

Share Repurchase Program, Shares Repurchased, Value

fmx_ShareRepurchaseProgramSharesRepurchasedValue

(20,311,000,000)

Share Repurchase Program, Shares Repurchased, Value

fmx_ShareRepurchaseProgramSharesRepurchasedValue

3,000,000

Share Repurchase Program, Shares Repurchased, Value

fmx_ShareRepurchaseProgramSharesRepurchasedValue

(20,308,000,000)

Insurance Recovery, Net Cash Flow Received

fmx_InsuranceRecoveryNetCashFlowReceived

$ 1,335,000,000

fmx_NumberOfSeriesDSharesIssued

fmx_NumberOfSeriesDSharesIssued

8,644,711,080

fmx_NumberOfSeriesDSharesIssued

8,644,711,080

fmx_NumberOfSeriesDSharesIssued

fmx_NumberOfSeriesDSharesIssued

8,644,711,080

Life Annuities, Net Defined Benefit Liability (Asset)

fmx_NumberOfSeriesDSharesIssued

8,644,711,080

fmx_LifeAnnuitiesNetDefinedBenefitLiabilityAsset

$ 25,000,000

Life Annuities, Net Defined Benefit Liability (Asset)

fmx_LifeAnnuitiesNetDefinedBenefitLiabilityAsset

(6,000,000)

Life Annuities, Net Defined Benefit Liability (Asset)

fmx_LifeAnnuitiesNetDefinedBenefitLiabilityAsset

3,000,000

Maximum Reserve For Share Purchase

fmx_MaximumReserveForSharePurchase

17,000,000,000

Maximum Reserve For Share Purchase

fmx_MaximumReserveForSharePurchase

17,000,000,000

Maximum Reserve For Share Purchase

fmx_MaximumReserveForSharePurchase

34,000

fmx_ExtraordinaryDividendPayable

10,091,000,000

fmx_ExtraordinaryDividendPayable

8.4240

Derivative Financial Instruments Classified As Financing Activities

fmx_ExtraordinaryDividendPayable

$ 10.1084

fmx_DerivativeFinancialInstrumentsClassifiedAsFinancingActivities

$ 176,000,000

^[1]

Derivative Financial Instruments Classified As Financing Activities

fmx_DerivativeFinancialInstrumentsClassifiedAsFinancingActivities

$ 3,661,000,000

Derivative Financial Instruments Classified As Financing Activities

fmx_DerivativeFinancialInstrumentsClassifiedAsFinancingActivities

(5,882,000,000)

Derivative Financial Instruments Classified As Financing Activities

fmx_DerivativeFinancialInstrumentsClassifiedAsFinancingActivities

(103,000,000)

fmx_DonationsToRelatedPartyTransactions

344,000,000

fmx_DonationsToRelatedPartyTransactions

309,000,000

fmx_DonationsToRelatedPartyTransactions

232,000,000

fmx_DonationsToRelatedPartyTransactions

125,000,000

fmx_DonationsToRelatedPartyTransactions

123,000,000

fmx_DonationsToRelatedPartyTransactions

20,000,000

fmx_DonationsToRelatedPartyTransactions

241,000,000

fmx_DonationsToRelatedPartyTransactions

237,000,000

fmx_DonationsToRelatedPartyTransactions

$ 371,000,000

fmx_ExpectedVolumeGrowthRatesPercentage

5.40%

fmx_ExpectedVolumeGrowthRatesPercentage

4.10%

fmx_ExpectedVolumeGrowthRatesPercentage

6.60%

fmx_ExpectedVolumeGrowthRatesPercentage

4.50%

fmx_ExpectedVolumeGrowthRatesPercentage

11.90%

fmx_ExpectedVolumeGrowthRatesPercentage

6.60%

fmx_ExpectedVolumeGrowthRatesPercentage

6.50%

fmx_ExpectedVolumeGrowthRatesPercentage

6.30%

fmx_ExpectedVolumeGrowthRatesPercentage

4.20%

fmx_ExpectedVolumeGrowthRatesPercentage

4.40%

fmx_ExpectedVolumeGrowthRatesPercentage

3.80%

fmx_ExpectedVolumeGrowthRatesPercentage

6.80%

fmx_ExpectedVolumeGrowthRatesPercentage

4.80%

fmx_ExpectedVolumeGrowthRatesPercentage

14.90%

fmx_ExpectedVolumeGrowthRatesPercentage

6.60%

fmx_ExpectedVolumeGrowthRatesPercentage

6.50%

fmx_ExpectedVolumeGrowthRatesPercentage

7.80%

fmx_ExpectedVolumeGrowthRatesPercentage

3.70%

fmx_ExpectedVolumeGrowthRatesPercentage

1.90%

fmx_ExpectedVolumeGrowthRatesPercentage

0.20%

fmx_ExpectedVolumeGrowthRatesPercentage

4.50%

Percentage Of Plan Asset Investment For Related Parties

fmx_ExpectedVolumeGrowthRatesPercentage

0.20%

fmx_PercentageOfPlanAssetInvestmentForRelatedParties

10.00%

Trust Assets Fixed And Variable Return Percentage

fmx_TrustAssetsFixedAndVariableReturnPercentage

100.00%

Trust Assets Fixed And Variable Return Percentage

fmx_TrustAssetsFixedAndVariableReturnPercentage

100.00%

Insurance Recovery, Accounts Receivable

fmx_InsuranceRecoveryAccountsReceivable

$ 334,000,000

Litigation Settlement Amount

fmx_LitigationSettlementAmount

15,700,000,000

Litigation Settlement Amount

fmx_LitigationSettlementAmount

13,692,000,000

Litigation Settlement Amount

fmx_LitigationSettlementAmount

13,728,000,000

Insurance Recovery

fmx_InsuranceRecovery

$ 1,669,000,000

Disclosure Of Other Current Assets And Other Financial Assets [text block]

fmx_DisclosureOfOtherCurrentAssetsAndOtherFinancialAssetsExplanatory

Other Current Assets and Other Current Financial Assets

9.1 Other current assets



	December 31, 2024		December 31, 2023
Prepaid expenses	Ps.	5,197	Ps.	3,331
Agreements with customers, net of accumulated amortization		132		126
Licenses		502		233
Other		411		127
	Ps.	6,242	Ps.	3,817

As of December 31, 2024 and 2023, the Company’s prepaid expenses are as follows:



	December 31, 2024		December 31, 2023
Advances for inventories	Ps.	2,309	Ps.	1,826
Advertising and promotional expenses paid in advance		1,535		96
Advances to service suppliers		131		4
Prepaid leases		78		63
Prepaid insurance		262		674
Others		882		668
	Ps.	5,197	Ps.	3,331

For the years ended December 31, 2024, 2023 and 2022, the Company’s advertising and promotional expenses amounted to Ps. 7,286, Ps. 6,778 and Ps. 5,768, respectively.

9.2 Other current financial assets



	2024		2023
Restricted cash	Ps.	349	Ps.	304
Derivative financial instruments (see Note 21)		1,278		431
Notes receivable (1)		155		16,125
	Ps.	1,782	Ps.	16,860

(1) In 2023, the Company sold its investment in Jetro Restaurant Depot. As part of the purchase sale agreement, a note receivable was agreed for U.S$933 (Ps. 15,954), and in 2024, the Company collected this note receivable for U.S. $946 (Ps. 17,386) which included accrued interest.

The Company has pledged part of its cash to fulfill the collateral requirements for the accounts payable in different currencies. As of December 31, 2024 and 2023, the restricted cash pledged was held in:



	2024		2023
U.S. Dollars	Ps.	349	Ps.	304

The restricted cash in U.S. Dollars corresponds to operations in Brazil and relates to short term deposits in order to fulfill the collateral requirements for accounts payable.

Write-Downs For Damaged Assets, Net Of Insurance Recovery

fmx_WriteDownsForDamagedAssetsNetOfInsuranceRecovery

$ 1,637,000,000

Write Down For Damaged Assets Before Insurance Recovery

fmx_WriteDownForDamagedAssetsBeforeInsuranceRecovery

$ 3,306,000,000

fmx_OtherNoncurrentNonfinancialLiability

$ 163,000,000

^[3]

fmx_OtherNoncurrentNonfinancialLiability

$ 3,399,000,000

fmx_OtherNoncurrentNonfinancialLiability

4,617,000,000

fmx_OtherNoncurrentNonfinancialLiability

632,000,000

Write-Down, Additional Expenses And Losses

fmx_OtherNoncurrentNonfinancialLiability

396,000,000

fmx_WriteDownAdditionalExpensesAndLosses

$ 1,612,000,000

Trust Assets Variable Return Percentage

fmx_TrustAssetsVariableReturnPercentage

34.00%

Trust Assets Variable Return Percentage

fmx_TrustAssetsVariableReturnPercentage

33.00%

fmx_ShareRepurchases

$ 974,000,000

^[1]

fmx_ShareRepurchases

$ 20,311,000,000

fmx_ShareRepurchases

Other Expenses With Related Party

fmx_ShareRepurchases

fmx_OtherExpensesWithRelatedParty

88,000,000

Other Expenses With Related Party

fmx_OtherExpensesWithRelatedParty

225,000,000

Other Expenses With Related Party

fmx_OtherExpensesWithRelatedParty

57,000,000

Acquisitions Through Business Combinations From Disposals, Property Plant And Equipment

fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment

Acquisitions Through Business Combinations From Disposals, Property Plant And Equipment

fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment

Acquisitions Through Business Combinations From Disposals, Property Plant And Equipment

fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment

70,000,000

Acquisitions Through Business Combinations From Disposals, Property Plant And Equipment

fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment

Acquisitions Through Business Combinations From Disposals, Property Plant And Equipment

fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment

Acquisitions Through Business Combinations From Disposals, Property Plant And Equipment

fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment

Acquisitions Through Business Combinations From Disposals, Property Plant And Equipment

fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment

Acquisitions Through Business Combinations From Disposals, Property Plant And Equipment

fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment

Acquisitions Through Business Combinations From Disposals, Property Plant And Equipment

fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment

70,000,000

Decrease (increase) in net defined benefit liability (asset) resulting from return on plan assets including interest income or expense

fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromReturnOnPlanAssetsIncludingInterestIncomeOrExpense

886,000,000

Decrease (increase) in net defined benefit liability (asset) resulting from return on plan assets including interest income or expense

fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromReturnOnPlanAssetsIncludingInterestIncomeOrExpense

Decrease (increase) in net defined benefit liability (asset) resulting from return on plan assets including interest income or expense

fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromReturnOnPlanAssetsIncludingInterestIncomeOrExpense

$ 0

fmx_NumberOfSeriesBSharesIssued

7,085,242,500

fmx_NumberOfSeriesBSharesIssued

2,161,177,770

fmx_NumberOfSeriesBSharesIssued

9,246,420,270

fmx_NumberOfSeriesBSharesIssued

7,085,242,500

fmx_NumberOfSeriesBSharesIssued

2,161,177,770

fmx_NumberOfSeriesBSharesIssued

9,246,420,270

fmx_ProfitLossBeforeTaxDiscontinuedOperations

$ 6,000,000

^[1]

fmx_ProfitLossBeforeTaxDiscontinuedOperations

$ 115,000,000

fmx_ProfitLossBeforeTaxDiscontinuedOperations

32,238,000,000

Contributions Due From Related Parties

fmx_ProfitLossBeforeTaxDiscontinuedOperations

1,423,000,000

fmx_ContributionsDueFromRelatedParties

2,012,000,000

Contributions Due From Related Parties

fmx_ContributionsDueFromRelatedParties

2,450,000,000

Contributions Due From Related Parties

fmx_ContributionsDueFromRelatedParties

1,170,000,000

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

(2,236,000,000)

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

(1,709,000,000)

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

(9,545,000,000)

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

756,000,000

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

(12,734,000,000)

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

(2,198,000,000)

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

(14,932,000,000)

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

1,357,000,000

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

(1,228,000,000)

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

(13,190,000,000)

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

970,000,000

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

(12,091,000,000)

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

(3,466,000,000)

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

(15,557,000,000)

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

(426,000,000)

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

701,000,000

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

12,431,000,000

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

(539,000,000)

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

12,167,000,000

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

2,608,000,000

Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture

fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture

$ 14,775,000,000

fmx_ProfitLossBeforeTaxContinuedOperations

$ 3,143,000,000

^[1]

fmx_ProfitLossBeforeTaxContinuedOperations

$ 65,554,000,000

fmx_ProfitLossBeforeTaxContinuedOperations

57,410,000,000

Decrease (Increase) In Net Defined Benefit Liability (Asset) Resulting From Local Plans

fmx_ProfitLossBeforeTaxContinuedOperations

47,715,000,000

fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromLocalPlans

(19,000,000)

Increase (Decrease) In Net Defined Benefit Liability (Asset), Plan Amendments

fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetPlanAmendments

4,000,000

Borrowings, Amortization Cost

fmx_BorrowingsAmortizationCost

1,122,000,000

Borrowings, Amortization Cost

fmx_BorrowingsAmortizationCost

$ 1,121,000,000

fmx_TrustAssetsFixedReturnPercentage

5.00%

fmx_TrustAssetsFixedReturnPercentage

4.00%

fmx_TrustAssetsFixedReturnPercentage

14.00%

fmx_TrustAssetsFixedReturnPercentage

16.00%

fmx_TrustAssetsFixedReturnPercentage

47.00%

Interest Paid Derived From Leases Financing Activities

fmx_TrustAssetsFixedReturnPercentage

47.00%

fmx_InterestPaidDerivedFromLeasesFinancingActivities

$ 362,000,000

^[1]

Interest Paid Derived From Leases Financing Activities

fmx_InterestPaidDerivedFromLeasesFinancingActivities

$ 7,553,000,000

Interest Paid Derived From Leases Financing Activities

fmx_InterestPaidDerivedFromLeasesFinancingActivities

6,718,000,000

Interest Paid Derived From Leases Financing Activities

fmx_InterestPaidDerivedFromLeasesFinancingActivities

$ 5,376,000,000

fmx_MarketValueGainLossOnFinancialInstruments

$ (101,000,000)

^[2]

fmx_MarketValueGainLossOnFinancialInstruments

$ (2,109,000,000)

fmx_MarketValueGainLossOnFinancialInstruments

(440,000,000)

fmx_MarketValueGainLossOnFinancialInstruments

(706,000,000)

Transfer Of Right Of Use Assets From(To) Assets Classified As Held For Sale

fmx_MarketValueGainLossOnFinancialInstruments

383,000,000

fmx_TransferOfRightOfUseAssetsFromToAssetsClassifiedAsHeldForSale

(6,721,000,000)

Transfer Of Right Of Use Assets From(To) Assets Classified As Held For Sale

fmx_TransferOfRightOfUseAssetsFromToAssetsClassifiedAsHeldForSale

(618,000,000)

Transfer Of Right Of Use Assets From(To) Assets Classified As Held For Sale

fmx_TransferOfRightOfUseAssetsFromToAssetsClassifiedAsHeldForSale

$ (7,339,000,000)

Schedule Of Write-Downs [Text Block]

fmx_ScheduleOfWriteDownsTextBlock

As of December 31, 2024, write-offs originated by damaged assets, additional expenses incurred, as well as the insurance recoveries received until as of December 31, 2024 are recorded as follows:



		Write-off for damaged assets
Inventories	Ps.	613
Property, plant and equipment		1,081
Additional expenses & losses		1,612
Subtotal		3,306
Insurance recovery(1)		(1,669)
Total	Ps.	1,637

(1) As of December 31, 2024, the Company recorded an accounts receivable of Ps.334 in the “others” caption, reflecting the outstanding cash flow from the insurance recovery, the net cash flow received was of Ps. 1,335, of which Ps. 1,090 are associated to operating activities and Ps. 245 to investing activities.

fmx_AdjustmentsForNonCashOperatingExpenses

$ 32,000,000

^[1]

fmx_AdjustmentsForNonCashOperatingExpenses

$ 663,000,000

fmx_AdjustmentsForNonCashOperatingExpenses

(1,063,000,000)

Borrowings, Exchange Price

fmx_AdjustmentsForNonCashOperatingExpenses

$ 3,075,000,000

fmx_BorrowingsExchangePrice

$ 95.625

Valuation Of Effective Portion Of Derivative Financial Instruments Net Of Tax

fmx_ValuationOfEffectivePortionOfDerivativeFinancialInstrumentsNetOfTax

$ 77,000,000

^[4]

Valuation Of Effective Portion Of Derivative Financial Instruments Net Of Tax

fmx_ValuationOfEffectivePortionOfDerivativeFinancialInstrumentsNetOfTax

$ 1,610,000,000

Valuation Of Effective Portion Of Derivative Financial Instruments Net Of Tax

fmx_ValuationOfEffectivePortionOfDerivativeFinancialInstrumentsNetOfTax

(928,000,000)

Valuation Of Effective Portion Of Derivative Financial Instruments Net Of Tax

fmx_ValuationOfEffectivePortionOfDerivativeFinancialInstrumentsNetOfTax

$ (2,240,000,000)

Disclosure Of Detailed Information Of Cash And Cash Equivalents Explanatory [Table Text Block]

fmx_DisclosureOfDetailedInformationOfCashAndCashEquivalentsExplanatoryTableTextBlock

Cash and cash equivalents at the end of the reporting period as shown in the consolidated statements of financial position and cash flows are comprised of the following:



	December 31, 2024		December 31, 2023
Cash and bank balances	Ps.	48,572	Ps.	90,114
Cash equivalents (see Note 3.5)		91,262		74,998
	Ps.	139,834	Ps.	165,112

Adjustments In Non-Cash Post Employment And Other Non-Current Employee Benefit Obligations

fmx_AdjustmentsInNonCashPostEmploymentAndOtherNonCurrentEmployeeBenefitObligations

$ 47,000,000

^[1]

Adjustments In Non-Cash Post Employment And Other Non-Current Employee Benefit Obligations

fmx_AdjustmentsInNonCashPostEmploymentAndOtherNonCurrentEmployeeBenefitObligations

$ 983,000,000

Adjustments In Non-Cash Post Employment And Other Non-Current Employee Benefit Obligations

fmx_AdjustmentsInNonCashPostEmploymentAndOtherNonCurrentEmployeeBenefitObligations

910,000,000

Adjustments In Non-Cash Post Employment And Other Non-Current Employee Benefit Obligations

fmx_AdjustmentsInNonCashPostEmploymentAndOtherNonCurrentEmployeeBenefitObligations

$ 0

Borrowings, Premium Rate

fmx_BorrowingsPremiumRate

27.50%

Disclosure of Detailed Information About Sensitivity to Changes in Assumptions [Table Text Block]

fmx_DisclosureOfDetailedInformationAboutSensitivityToChangesInAssumptionsTableTextBlock

CGU

Change in post-tax WACC

Change in Expected Volume Growth CAGR (1)

Effect on Valuation

Mexico

+0.4

p.p.

-1.0

Passes by 5x

Brazil

+0.5

p.p.

-1.0

Passes by 1.9x

Colombia

+0.7

p.p.

-1.0

Passes by 2.5x

Argentina

+1.7

p.p.

-1.0

Passes by 5x

Guatemala

+0.5

p.p.

-1.0

Passes by 7.3x

Costa Rica

+0.5

p.p.

-1.0

Passes by 3.9x

Nicaragua

+1.7

p.p.

-1.0

Passes by 2.1x

Panama

+0.6

p.p.

-1.0

Passes by 3.6x

Uruguay

+0.1

p.p.

-1.0

Passes by 3x

(1)Compound Annual Growth Rate (“CAGR”).

The sensitivity test by the significant CGU in the Health Division as of December 31, 2024 was as follows:

CGU

Change in WACC

Change in Expected Sales Growth Rates CAGR

Effect on Valuation

Chile

0.3

p.p.

(0.5)

Passes by 6.24x

On December 31, 2024, the Company performed an additional impairment sensitivity calculation, taking into account an effect of 50 basis points in the sale’s compound annual growth rate (“CAGR”), concluding that no impairment would be recognized.

CGU

Change in Expected Sales Growth CAGR

Effect on Valuation

Valora

(0.5)

Passes by 1.45x

Increase Decrease In Foreign Currency Exchange Rate

fmx_IncreaseDecreaseInForeignCurrencyExchangeRate

5.50%

Change In Commodity Price Fluctuation Rate Effect On Equity

fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity

$ (1,578,000,000)

Change In Commodity Price Fluctuation Rate Effect On Equity

fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity

(189,000,000)

Change In Commodity Price Fluctuation Rate Effect On Equity

fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity

(765,000,000)

Change In Commodity Price Fluctuation Rate Effect On Equity

fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity

(2,812,000,000)

Change In Commodity Price Fluctuation Rate Effect On Equity

fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity

(333,000,000)

Change In Commodity Price Fluctuation Rate Effect On Equity

fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity

$ (4,520,000,000)

fmx_AdjustmentOfAllowanceOfExpectedCreditLoss

$ 56,000,000

^[1]

fmx_AdjustmentOfAllowanceOfExpectedCreditLoss

$ 1,176,000,000

fmx_AdjustmentOfAllowanceOfExpectedCreditLoss

1,367,000,000

Disclosure Of Investments Classified As Amortized Cost [Table Text Block]

fmx_AdjustmentOfAllowanceOfExpectedCreditLoss

$ 0

fmx_DisclosureOfInvestmentsClassifiedAsAmortizedCostTableTextBlock

The following is a detail of such investments:



Fixed-rate
	2024		2023
Bank deposits
Acquisition cost	Ps.	42,949	Ps.	26,354
Accrued interest		263		374
Total investments	Ps.	43,212	Ps.	26,728

Acquisition Cost

fmx_AcquisitionCost

$ 42,949,000,000

Acquisition Cost

fmx_AcquisitionCost

26,354,000,000

Right Of Use Assets Recognized As Of Acquisition Date

fmx_RightOfUseAssetsRecognizedAsOfAcquisitionDate

2,581,000,000

Accrued Interest

fmx_AccruedInterest

263,000,000

Accrued Interest

fmx_AccruedInterest

$ 374,000,000

fmx_ExpectedAnnualLongtermInflationPercentage

4.10%

fmx_ExpectedAnnualLongtermInflationPercentage

3.60%

fmx_ExpectedAnnualLongtermInflationPercentage

3.10%

fmx_ExpectedAnnualLongtermInflationPercentage

35.10%

fmx_ExpectedAnnualLongtermInflationPercentage

4.00%

fmx_ExpectedAnnualLongtermInflationPercentage

2.80%

fmx_ExpectedAnnualLongtermInflationPercentage

3.50%

fmx_ExpectedAnnualLongtermInflationPercentage

1.80%

fmx_ExpectedAnnualLongtermInflationPercentage

5.10%

fmx_ExpectedAnnualLongtermInflationPercentage

4.30%

fmx_ExpectedAnnualLongtermInflationPercentage

3.80%

fmx_ExpectedAnnualLongtermInflationPercentage

4.20%

fmx_ExpectedAnnualLongtermInflationPercentage

70.80%

fmx_ExpectedAnnualLongtermInflationPercentage

4.00%

fmx_ExpectedAnnualLongtermInflationPercentage

2.90%

fmx_ExpectedAnnualLongtermInflationPercentage

2.60%

fmx_ExpectedAnnualLongtermInflationPercentage

2.00%

fmx_ExpectedAnnualLongtermInflationPercentage

5.70%

fmx_ExpectedAnnualLongtermInflationPercentage

3.10%

fmx_ExpectedAnnualLongtermInflationPercentage

2.60%

fmx_ExpectedAnnualLongtermInflationPercentage

1.00%

Increase Decrease In Cash And Cash Equivalents Continued Operations

fmx_ExpectedAnnualLongtermInflationPercentage

1.40%

fmx_IncreaseDecreaseInCashAndCashEquivalentsContinuedOperations

$ (2,189,000,000)

^[1]

Increase Decrease In Cash And Cash Equivalents Continued Operations

fmx_IncreaseDecreaseInCashAndCashEquivalentsContinuedOperations

$ (45,661,000,000)

Increase Decrease In Cash And Cash Equivalents Continued Operations

fmx_IncreaseDecreaseInCashAndCashEquivalentsContinuedOperations

89,419,000,000

Increase Decrease In Cash And Cash Equivalents Continued Operations

fmx_IncreaseDecreaseInCashAndCashEquivalentsContinuedOperations

$ (9,754,000,000)

Borrowings, Clearing Price

fmx_BorrowingsClearingPrice

$ 75.00

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

6.30%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

6.80%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

7.90%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

12.00%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

7.20%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

8.50%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

13.10%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

9.10%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

7.10%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

6.30%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

6.80%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

7.70%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

16.10%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

7.30%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

8.80%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

16.40%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

8.60%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

7.40%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

5.90%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

6.40%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

5.30%

Weighted Average Cost Of Capital After Tax Percentage

fmx_WeightedAverageCostOfCapitalAfterTaxPercentage

5.50%

Increase (Decrease) Through Changes In Ownership Interests In Investments

fmx_IncreaseDecreaseThroughChangesInOwnershipInterestsInInvestments

$ 0

Incentive Program, Awards Vesting Period

fmx_IncentiveProgramAwardsVestingPeriod

3 years

Disclosure Of Equity Accounted Investees [Table Text Block]

fmx_DisclosureOfEquityAccountedInvesteesTableTextBlock

As of December 31, 2024 and 2023, Company’s equity method accounted investees are as follows:



			Ownership Percentage					Carrying Value
Investee	Principal Activity	Place of Incorporation	December 31, 2024		December 31, 2023			December 31, 2024		December 31, 2023
IFS TopCo LLC (3)	Distribution	United States	37.1	%	37.1	%		17,356		15,032
Coca-Cola FEMSA:
Joint ventures:
Dispensadoras de Café, S.A.P.I. de C.V.	Services	Mexico	50.0	%	50.0	%		239		223
Fountain Agua Mineral, L.T.D.A.	Beverages	Brazil	50.0	%	50.0	%		818		808
Planta Nueva Ecología De Tabasco, S.A. de C.V.	Recycling	Mexico	50.0	%	50.0	%		1,392		1,139
Associates:
Promotora Industrial Azucarera, S.A. de C.V. (“PIASA”)	Sugar production	Mexico	36.4	%	36.4	%		3,654		3,454
Industria Envasadora de Querétaro, S.A. de C.V. (“IEQSA”)	Canned bottling	Mexico	26.5	%	26.5	%		195		215
Industria Mexicana de Reciclaje, S.A. de C.V. (“IMER”)	Recycling	Mexico	35.0	%	35.0	%		91		99
Jugos del Valle, S.A.P.I. de C.V.	Beverages	Mexico	28.2	%	28.2	%		3,466		2,831
Leao Alimentos e Bebidas, L.T.D.A.	Beverages	Brazil	25.1	%	25.1	%		212		298
Alimentos de Soja S.A.U.	Beverages	Argentina	10.7	%	10.7	%		48		23
Other investments in Coca-Cola FEMSA	Various	Various	Various		Various			118		156
Proximity Americas Division:
Joint ventures:
Raizen Conveniências	Proximity	Brazil	50.0	%	50.0	%		929		1,636
Other investments (1) (3)	Various	Various	Various		Various			179		333
							Ps.	28,697	Ps.	26,247

(1)Associate.

(2)Joint ventures.

(3)As a result of the merger between Envoy Solutions and Brady Plus during October 2023, the Company owns 37.1% of the shares of IFS TopCo LLC, having significant influence over this investee, mainly because it has appointed directors who participate in the Board of IFS TopCo LLC (see Note 4).

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

9.00%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

10.90%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

12.00%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

16.00%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

9.50%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

12.00%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

23.00%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

11.70%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

9.50%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

9.00%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

10.10%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

12.20%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

20.80%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

9.30%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

11.40%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

23.30%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

11.60%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

9.70%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

6.80%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

7.30%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

5.70%

Weighted Average Cost Of Capital Pre Tax Percentage

fmx_WeightedAverageCostOfCapitalPreTaxPercentage

5.80%

Advertising And Promotional Expenses Paid In Advance

fmx_AdvertisingAndPromotionalExpensesPaidInAdvance

$ 1,535,000,000

Advertising And Promotional Expenses Paid In Advance

fmx_AdvertisingAndPromotionalExpensesPaidInAdvance

96,000,000

fmx_CurrentRestrictedCash

349,000,000

Disclosure Of Allocation Of Amortisation Expenses [Table Text Block]

fmx_CurrentRestrictedCash

$ 304,000,000

fmx_DisclosureOfAllocationOfAmortisationExpensesTableTextBlock

For the years ended December 31, 2024, December 31, 2023 and 2022, allocation for amortization expense is as follows:



	2024		2023		2022

Cost of goods sold	Ps.	49	Ps.	1,229	Ps.	207
Administrative expenses		649		1,257		1,771
Selling expenses		1,919		809		718
	Ps.	2,617	Ps.	3,295	Ps.	2,696

Amortization Expense Reported In Cost Of Goods Sold

fmx_AmortizationExpenseReportedInCostOfGoodsSold

$ 49,000,000

Amortization Expense Reported In Cost Of Goods Sold

fmx_AmortizationExpenseReportedInCostOfGoodsSold

1,229,000,000

Amortization Expense Reported In Cost Of Goods Sold

fmx_AmortizationExpenseReportedInCostOfGoodsSold

207,000,000

Operating Liability, Current

fmx_OperatingLiabilityCurrent

3,099,000,000

Operating Liability, Current

fmx_OperatingLiabilityCurrent

7,631,000,000

Amortization Expense Reported In Administrative Expenses

fmx_AmortizationExpenseReportedInAdministrativeExpenses

649,000,000

Amortization Expense Reported In Administrative Expenses

fmx_AmortizationExpenseReportedInAdministrativeExpenses

1,257,000,000

Amortization Expense Reported In Administrative Expenses

fmx_AmortizationExpenseReportedInAdministrativeExpenses

$ 1,771,000,000

Dividend Payable Increase (Decrease)

fmx_DividendPayableIncreaseDecrease

4.20%

Current Loans To Employees

fmx_CurrentLoansToEmployees

$ 119,000,000

Current Loans To Employees

fmx_CurrentLoansToEmployees

$ 114,000,000

Equity Accounted Investees Classified As Investing Activities

fmx_EquityAccountedInvesteesClassifiedAsInvestingActivities

$ 36,000,000

^[1]

Equity Accounted Investees Classified As Investing Activities

fmx_EquityAccountedInvesteesClassifiedAsInvestingActivities

$ 750,000,000

Equity Accounted Investees Classified As Investing Activities

fmx_EquityAccountedInvesteesClassifiedAsInvestingActivities

1,202,000,000

Equity Accounted Investees Classified As Investing Activities

fmx_EquityAccountedInvesteesClassifiedAsInvestingActivities

542,000,000

Amortization Expense Reported In Selling Expenses

fmx_AmortizationExpenseReportedInSellingExpenses

1,919,000,000

Amortization Expense Reported In Selling Expenses

fmx_AmortizationExpenseReportedInSellingExpenses

809,000,000

Amortization Expense Reported In Selling Expenses

fmx_AmortizationExpenseReportedInSellingExpenses

718,000,000

fmx_LiabilitiesRecognisedAsOfAcquisitionDate

35,055,000,000

fmx_LiabilitiesRecognisedAsOfAcquisitionDate

910,000,000

fmx_LiabilitiesRecognisedAsOfAcquisitionDate

2,104,000,000

fmx_LiabilitiesRecognisedAsOfAcquisitionDate

223,000,000

fmx_LiabilitiesRecognisedAsOfAcquisitionDate

731,000,000

fmx_LiabilitiesRecognisedAsOfAcquisitionDate

1,055,000,000

Increase (Decrease) Through Business Combination From Disposal, Profit Or Loss, Intangible Assets And Goodwill

fmx_LiabilitiesRecognisedAsOfAcquisitionDate

1,535,000,000

fmx_IncreaseDecreaseThroughBusinessCombinationFromDisposalProfitOrLossIntangibleAssetsAndGoodwill

1,950,000,000

Increase (Decrease) Through Business Combination From Disposal, Profit Or Loss, Intangible Assets And Goodwill

fmx_IncreaseDecreaseThroughBusinessCombinationFromDisposalProfitOrLossIntangibleAssetsAndGoodwill

1,950,000,000

Increase (Decrease) Through Business Combination From Disposal, Profit Or Loss, Intangible Assets And Goodwill

fmx_IncreaseDecreaseThroughBusinessCombinationFromDisposalProfitOrLossIntangibleAssetsAndGoodwill

$ 1,950,000,000

Risk Premium, Basis Points

fmx_RiskPremiumBasisPoints

0.0050

fmx_AssetsRecognisedAsOfAcquisitionDate

$ 46,562,000,000

fmx_AssetsRecognisedAsOfAcquisitionDate

3,133,000,000

fmx_AssetsRecognisedAsOfAcquisitionDate

555,000,000

fmx_AssetsRecognisedAsOfAcquisitionDate

5,857,000,000

fmx_AssetsRecognisedAsOfAcquisitionDate

7,351,000,000

fmx_AssetsRecognisedAsOfAcquisitionDate

727,000,000

fmx_AssetsRecognisedAsOfAcquisitionDate

2,481,000,000

fmx_AssetsRecognisedAsOfAcquisitionDate

1,701,000,000

Loss On Retirement Of Long-Lived and Intangible Assets

fmx_AssetsRecognisedAsOfAcquisitionDate

$ 4,295,000,000

fmx_LossOnRetirementOfLongLivedAndIntangibleAssets

$ 45,000,000

^[1]

Loss On Retirement Of Long-Lived and Intangible Assets

fmx_LossOnRetirementOfLongLivedAndIntangibleAssets

$ 939,000,000

Loss On Retirement Of Long-Lived and Intangible Assets

fmx_LossOnRetirementOfLongLivedAndIntangibleAssets

466,000,000

Loss On Retirement Of Long-Lived and Intangible Assets

fmx_LossOnRetirementOfLongLivedAndIntangibleAssets

$ 416,000,000

Shares Repurchased Allocated Amount, Percentage

fmx_SharesRepurchasedAllocatedAmountPercentage

2.90%

fmx_PurchaseOfCashInvestments

$ 419,000,000

^[1]

fmx_PurchaseOfCashInvestments

$ 8,740,000,000

fmx_PurchaseOfCashInvestments

26,725,000,000

Percentage Of Unrecoverable Trade Accounts Receivables

fmx_PurchaseOfCashInvestments

$ 0

fmx_PercentageOfUnrecoverableTradeAccountsReceivables

3.00%

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

$ 10,000,000

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

10,000,000

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

10,000,000

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

(12,000,000)

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

(25,036,000,000)

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

(3,009,000,000)

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

(56,000,000)

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

(28,113,000,000)

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

(482,000,000)

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

(17,788,000,000)

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

(29,000,000)

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

(18,299,000,000)

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

(46,412,000,000)

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

(276,000,000)

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

(4,010,000,000)

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

(51,000,000)

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

(4,337,000,000)

Disclosure Of Other Assets And Other Financial Assets [text block]

fmx_BusinessDisposalsIntangibleAssetsAndGoodwill

$ (4,337,000,000)

fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsExplanatory

Other Non-Current Assets and Other Non-Current Financial Assets

14.1 Other non-current assets



	December 31, 2024		December 31, 2023
Agreements with customers, net of accumulated amortization and other rights	Ps.	1,015	Ps.	766
Non-current prepaid advertising expenses		228		238
Guarantee deposits (1)		1,472		1,410
Prepaid bonuses		451		445
Advances to acquire property, plant and equipment		1,744		1,432
Recoverable taxes		1,938		2,120
Indemnifiable assets from business combinations (2)		714		1,030
Others		967		1,055
	Ps.	8,529	Ps.	8,496

(1)As it is customary in Brazil, the Company is required to guarantee tax, legal and labor contingencies by guarantee deposits including those related to business acquisitions. See Note 26.7.

(2)Corresponds to indemnification assets that are warranted by former Vonpar owners in accordance with the share purchase agreement.

14.2 Other non-current financial assets



	December 31, 2024		December 31, 2023
Non-current accounts receivable (2)	Ps.	4,509	Ps.	1,686
Derivative financial instruments (see Note 21)		10,467		3,880
Others		1,864		1,587
Other investments measured at FVTPL (1)		6,440		7,514
	Ps.	23,280	Ps.	14,667

(1)The Company maintains an investment in Heineken shares that are linked to the Exchangeable Bond issued in February 2023.

(2)Includes long-term notes receivable held to maturity for Ps. 690, as well as long-term receivable for Ps. 506 related to Health Division.

Percentage Of Dividend Payables

fmx_PercentageOfDividendPayables

125.00%

Percentage Of Dividend Payables

fmx_PercentageOfDividendPayables

100.00%

Agreement With Customers, Net Of Accumulated Amortization, Other Non Current Assets

fmx_AgreementWithCustomersNetOfAccumulatedAmortizationOtherNonCurrentAssets

$ 1,015,000,000

Agreement With Customers, Net Of Accumulated Amortization, Other Non Current Assets

fmx_AgreementWithCustomersNetOfAccumulatedAmortizationOtherNonCurrentAssets

766,000,000

Other Non Current Financial Assets Classified As Others FVTPL

fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthersFVTPL

6,440,000,000

Other Non Current Financial Assets Classified As Others FVTPL

fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthersFVTPL

7,514,000,000

Long Term Prepaid Advertising Expenses

fmx_LongTermPrepaidAdvertisingExpenses

228,000,000

Long Term Prepaid Advertising Expenses

fmx_LongTermPrepaidAdvertisingExpenses

238,000,000

Guarantee Deposits Other Non-Current Assets

fmx_GuaranteeDepositsOtherNoncurrentAssets

1,472,000,000

Guarantee Deposits Other Non-Current Assets

fmx_GuaranteeDepositsOtherNoncurrentAssets

1,410,000,000

Fixed Capital Stock Amounts

fmx_FixedCapitalStockAmounts

$ 300,000,000

Variable Capital Maximum Multiple Of Fixed Capital

fmx_VariableCapitalMaximumMultipleOfFixedCapital

Minimum Percentage For Voting

fmx_MinimumPercentageForVoting

51.00%

Maximum Percentage For Voting

fmx_MaximumPercentageForVoting

25.00%

Maximum Percentage For Voting

fmx_MaximumPercentageForVoting

49.00%

Maximum Percentage For Voting

fmx_MaximumPercentageForVoting

25.00%

fmx_TaxExpenseIncomeContinuedOperations

$ 1,219,000,000

^[2]

fmx_TaxExpenseIncomeContinuedOperations

$ 25,433,000,000

fmx_TaxExpenseIncomeContinuedOperations

12,971,000,000

Share Repurchase Program, Shares Reacquired

fmx_TaxExpenseIncomeContinuedOperations

$ 13,275,000,000

fmx_ShareRepurchaseProgramSharesReacquired

48,128,863

Cash Transferred, Before Cash Acquired

fmx_CashTransferredBeforeCashAcquired

$ 1,761,000,000

Advances To Acquire Property Plant And Equipment, Noncurrent

fmx_AdvancesToAcquirePropertyPlantAndEquipmentNoncurrent

1,744,000,000

Advances To Acquire Property Plant And Equipment, Noncurrent

fmx_AdvancesToAcquirePropertyPlantAndEquipmentNoncurrent

1,432,000,000

Amounts Payable To Suppliers Of Property, Plant & Equipment

fmx_AmountsPayableToSuppliersOfPropertyPlantEquipment

3,756,000,000

Amounts Payable To Suppliers Of Property, Plant & Equipment

fmx_AmountsPayableToSuppliersOfPropertyPlantEquipment

890,000,000

Amounts Payable To Suppliers Of Property, Plant & Equipment

fmx_AmountsPayableToSuppliersOfPropertyPlantEquipment

2,278,000,000

Prepaid Leases

fmx_PrepaidLeases

78,000,000

Prepaid Leases

fmx_PrepaidLeases

$ 63,000,000

fmx_NumberOfSeriesSharesForEachShareUnit

fmx_NumberOfSeriesSharesForEachShareUnit

fmx_NumberOfSeriesSharesForEachShareUnit

Indemnifiable Assets From Business Combination, Non-Current

fmx_NumberOfSeriesSharesForEachShareUnit

fmx_IndemnifiableAssetsFromBusinessCombinationNonCurrent

$ 714,000,000

Indemnifiable Assets From Business Combination, Non-Current

fmx_IndemnifiableAssetsFromBusinessCombinationNonCurrent

1,030,000,000

Other Miscellaneous Assets, Non-Current

fmx_OtherMiscellaneousAssetsNonCurrent

967,000,000

Other Miscellaneous Assets, Non-Current

fmx_OtherMiscellaneousAssetsNonCurrent

$ 1,055,000,000

Disclosure Of Detailed Information About Key Assumptions By CGU For Impairment Test [Table Text Block]

fmx_DisclosureOfDetailedInformationAboutKeyAssumptionsByCGUForImpairmentTestTableTextBlock

The key assumptions by CGU for impairment testing as of December 31, 2024 were as follows:



	Pre-tax WACC		Post-tax WACC		Expected Annual Long-Term Inflation		Expected Volume Growth Rates
CGU					2025‑2029		2025‑2029
Mexico	9.0	%	6.3	%	4.1	%	5.4	%
Brazil	10.9	%	6.8	%	3.6	%	4.1	%
Colombia	12.0	%	7.9	%	3.1	%	6.6	%
Argentina	16.0	%	12.0	%	35.1	%	4.5	%
Guatemala	9.5	%	7.2	%	4.0	%	11.9	%
Costa Rica	12.0	%	8.5	%	2.8	%	6.6	%
Nicaragua	23.0	%	13.1	%	3.5	%	6.5	%
Panama	11.7	%	9.1	%	1.8	%	6.3	%
Uruguay	9.5	%	7.1	%	5.1	%	4.2	%

The key assumptions by CGU for impairment testing as of December 31, 2023 were as follows:



	Pre-tax WACC		Post-tax WACC		Expected Annual Long-Term Inflation		Expected Volume Growth Rates
CGU					2024‑2028		2024‑2028
Mexico	9.0	%	6.3	%	4.3	%	4.4	%
Brazil	10.1	%	6.8	%	3.8	%	3.8	%
Colombia	12.2	%	7.7	%	4.2	%	6.8	%
Argentina	20.8	%	16.1	%	70.8	%	4.8	%
Guatemala	9.3	%	7.3	%	4.0	%	14.9	%
Costa Rica	11.4	%	8.8	%	2.9	%	6.6	%
Nicaragua	23.3	%	16.4	%	2.6	%	6.5	%
Panama	11.6	%	8.6	%	2.0	%	7.8	%
Uruguay	9.7	%	7.4	%	5.7	%	3.7	%

The key assumptions by the significant CGU (Chile) in the Health Division (Mexico, Colombia and Ecuador are insignificant) for impairment test as of December 31, 2024 was as follows:



CGU	Pre-tax WACC		Post-tax WACC		Expected Annual Long-Term Inflation 2025‑2029		Expected Sales Growth Rate
Chile	6.8	%	5.9	%	3.1	%	1.9	%

The key assumptions by the significant CGU in the Health Division for impairment test as of December 31, 2023 was as follows:



CGU	Pre-tax WACC		Post-tax WACC		Expected Annual Long-Term Inflation 2024‑2028		Expected Sales Growth Rates 2024‑2028
Chile	7.3	%	6.4	%	2.6	%	0.2	%

The key assumptions by CGU for impairment test as of December 31, 2024 were as follows:



CGU	Pre-tax WACC		Post-tax WACC		Expected Annual Long-Term Inflation 2025‑2029		Expected Sales Growth Rates
Valora	5.7	%	5.3	%	1.0	%	4.5	%

The key assumptions by CGU for impairment test as of December 31, 2023 was as follows:


CGU	Pre-tax WACC		Post-tax WACC		Expected Annual Long-Term Inflation 2024‑2028		Expected Sales Growth Rates 2024‑2028
Valora	5.8	%	5.5	%	1.4	%	0.2	%

Disclosure Of Detailed Information About Prepaid Expenses Explanatory [Table Text Block]

fmx_DisclosureOfDetailedInformationAboutPrepaidExpensesExplanatoryTableTextBlock

As of December 31, 2024 and 2023, the Company’s prepaid expenses are as follows:



	December 31, 2024		December 31, 2023
Advances for inventories	Ps.	2,309	Ps.	1,826
Advertising and promotional expenses paid in advance		1,535		96
Advances to service suppliers		131		4
Prepaid leases		78		63
Prepaid insurance		262		674
Others		882		668
	Ps.	5,197	Ps.	3,331

Disclosure Of Other Non Current Financial Assets Explanatory [Table Text Block]

fmx_DisclosureOfOtherNonCurrentFinancialAssetsExplanatoryTableTextBlock

14.2 Other non-current financial assets



	December 31, 2024		December 31, 2023
Non-current accounts receivable (2)	Ps.	4,509	Ps.	1,686
Derivative financial instruments (see Note 21)		10,467		3,880
Others		1,864		1,587
Other investments measured at FVTPL (1)		6,440		7,514
	Ps.	23,280	Ps.	14,667

(1)The Company maintains an investment in Heineken shares that are linked to the Exchangeable Bond issued in February 2023.

(2)Includes long-term notes receivable held to maturity for Ps. 690, as well as long-term receivable for Ps. 506 related to Health Division.

Prepaid Insurance 1

fmx_PrepaidInsurance1

$ 262,000,000

Prepaid Insurance 1

fmx_PrepaidInsurance1

674,000,000

Impairment Loss On Investments

fmx_ImpairmentLossOnInvestments

$ 143,000,000

Borrowings Term

fmx_BorrowingsTerm

10 years

Borrowings Term

fmx_BorrowingsTerm

30 years

Other Non Current Financial Assets Classified As Others

fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthers

$ 1,864,000,000

Other Non Current Financial Assets Classified As Others

fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthers

$ 1,587,000,000

Disclosure of Other Current Financial Assets Explanatory [Table Text Block]

fmx_DisclosureOfOtherCurrentFinancialAssetsExplanatoryTableTextBlock

9.2 Other current financial assets



	2024		2023
Restricted cash	Ps.	349	Ps.	304
Derivative financial instruments (see Note 21)		1,278		431
Notes receivable (1)		155		16,125
	Ps.	1,782	Ps.	16,860

Cancellation Effects, Hedge Of Foreign Net Investment

fmx_CancellationEffectsHedgeOfForeignNetInvestment

$ 5,763,000,000

Adjustments For Increase Decrease In Other Financial Assets

fmx_AdjustmentsForIncreaseDecreaseInOtherFinancialAssets

$ 2,000,000

^[1]

Adjustments For Increase Decrease In Other Financial Assets

fmx_AdjustmentsForIncreaseDecreaseInOtherFinancialAssets

$ 45,000,000

Adjustments For Increase Decrease In Other Financial Assets

fmx_AdjustmentsForIncreaseDecreaseInOtherFinancialAssets

799,000,000

Adjustments For Increase Decrease In Other Financial Assets

fmx_AdjustmentsForIncreaseDecreaseInOtherFinancialAssets

(457,000,000)

Non-Current Held-To-Maturity Investments

fmx_NonCurrentHeldToMaturityInvestments

690,000,000

Advances For Inventories

fmx_AdvancesForInventories

2,309,000,000

Advances For Inventories

fmx_AdvancesForInventories

$ 1,826,000,000

Disclosure Of Summary Of Balances And Transactions With Related Parties And Affiliates [text block]

fmx_DisclosureOfSummaryOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesExplanatory

The consolidated statements of financial position and consolidated income statements include the following balances and transactions with related parties and affiliated companies:



	December 31, 2024		December 31, 2023
Balances
Due from The Coca-Cola Company (see Note 7) (1) (5)	Ps.	491	Ps.	378
Balance with BBVA Bancomer, S.A. de C.V. (2)		3,576		5,233
Balance with Grupo Scotiabank Inverlat, S.A. (2)		2,209		3,897
Other receivables (1)		76		93
Due to The Coca-Cola Company (4) (5)	Ps.	784	Ps.	1,196
Due to BBVA Bancomer, S.A. de C.V. (3)		1,566		1,651
Due to Grupo Financiero Scotiabank Inverlat, S.A. (4)		30		124
Other payables (4)		1,225		1,845

(1)Presented within trade receivables.

(2)Presented within cash and cash equivalents.

(3)Recorded within bank loans and notes payable.

(4)Recorded within trade payables.

(5)Non-controlling interest.

Goodwill Deductible, Tax Purposes, Period

fmx_GoodwillDeductibleTaxPurposesPeriod

15 years

fmx_AssetsBalanceWithRelatedPartyTransaction

$ 3,576,000,000

fmx_AssetsBalanceWithRelatedPartyTransaction

5,233,000,000

fmx_AssetsBalanceWithRelatedPartyTransaction

2,209,000,000

Other Receivable Related Party Transaction

fmx_AssetsBalanceWithRelatedPartyTransaction

3,897,000,000

fmx_OtherReceivableRelatedPartyTransaction

76,000,000

Other Receivable Related Party Transaction

fmx_OtherReceivableRelatedPartyTransaction

$ 93,000,000

Borrowings, Initial Exchange Option, Shares

fmx_BorrowingsInitialExchangeOptionShares

5,228,758

Yield Rate

fmx_YieldRate

3.577%

Accounts Receivable Recognized As Of Acquisition Date

fmx_AccountsReceivableRecognizedAsOfAcquisitionDate

$ 1,252,000,000

Investments In Associates Excluding Goodwill And Other Adjustments

fmx_InvestmentsInAssociatesExcludingGoodwillAndOtherAdjustments

$ 15,413,000,000

Investments In Associates Excluding Goodwill And Other Adjustments

fmx_InvestmentsInAssociatesExcludingGoodwillAndOtherAdjustments

$ 760,000,000

Investments In Associates Excluding Goodwill And Other Adjustments

fmx_InvestmentsInAssociatesExcludingGoodwillAndOtherAdjustments

$ 13,412,000,000

Investments In Associates Excluding Goodwill And Other Adjustments

fmx_InvestmentsInAssociatesExcludingGoodwillAndOtherAdjustments

$ 794,000,000

Adjustments For Increase Decrease In Other Current Financial Liabilities

fmx_AdjustmentsForIncreaseDecreaseInOtherCurrentFinancialLiabilities

$ 7,000,000

^[1]

Adjustments For Increase Decrease In Other Current Financial Liabilities

fmx_AdjustmentsForIncreaseDecreaseInOtherCurrentFinancialLiabilities

$ 150,000,000

Adjustments For Increase Decrease In Other Current Financial Liabilities

fmx_AdjustmentsForIncreaseDecreaseInOtherCurrentFinancialLiabilities

3,959,000,000

Adjustments For Increase Decrease In Other Current Financial Liabilities

fmx_AdjustmentsForIncreaseDecreaseInOtherCurrentFinancialLiabilities

$ 2,291,000,000

Debt Instrument, Implicit Weighted Performance

fmx_DebtInstrumentImplicitWeightedPerformance

3.358%

Other Payables To Related Party Transaction

fmx_OtherPayablesToRelatedPartyTransaction

$ 1,225,000,000

Other Payables To Related Party Transaction

fmx_OtherPayablesToRelatedPartyTransaction

$ 1,845,000,000

Employee Benefit Paid Classified As Operating Activities

fmx_EmployeeBenefitPaidClassifiedAsOperatingActivities

$ 50,000,000

^[1]

Employee Benefit Paid Classified As Operating Activities

fmx_EmployeeBenefitPaidClassifiedAsOperatingActivities

$ 1,039,000,000

Employee Benefit Paid Classified As Operating Activities

fmx_EmployeeBenefitPaidClassifiedAsOperatingActivities

1,070,000,000

Employee Benefit Paid Classified As Operating Activities

fmx_EmployeeBenefitPaidClassifiedAsOperatingActivities

691,000,000

Other Prepaid Expenses

fmx_OtherPrepaidExpenses

882,000,000

Other Prepaid Expenses

fmx_OtherPrepaidExpenses

$ 668,000,000

Percentage Of Bonus Based On Economic Value Added

fmx_PercentageOfBonusBasedOnEconomicValueAdded

70.00%

Percentage Of Bonus Based On Economic Value Added

fmx_PercentageOfBonusBasedOnEconomicValueAdded

30.00%

Percentage Of Annual Bonus

fmx_PercentageOfAnnualBonus

50.00%

Percentage Of bonus

fmx_PercentageOfBonus

50.00%

Net Benefit Cost Recognized In The Consolidated Statements Of Income [Member]

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

$ 254,000,000

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

27,000,000

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

25,000,000

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

306,000,000

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

243,000,000

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

21,000,000

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

14,000,000

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

278,000,000

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

220,000,000

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

27,000,000

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

29,000,000

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

276,000,000

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(252,000,000)

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(25,000,000)

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(21,000,000)

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(298,000,000)

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(289,000,000)

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(28,000,000)

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(317,000,000)

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(30,000,000)

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(280,000,000)

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(29,000,000)

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(30,000,000)

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(339,000,000)

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(248,000,000)

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(26,000,000)

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(274,000,000)

Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset

fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset

(21,000,000)

Envoy And Other Acquisitions [Member]

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

278,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

978,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

3,142,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

813,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

1,325,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

188,000,000

Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects

fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects

6,724,000,000

Ifrs Interest Expense [Member]

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

392,000,000

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

1,000,000

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

Interest Income, Foreign Exchange [Member]

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

747,000,000

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

5,000,000

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

3,000,000

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

(180,000,000)

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

(565,000,000)

Ifrs Cost Of sales [Member]

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

15,000,000

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

(430,000,000)

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

(614,000,000)

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

(39,000,000)

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

(136,000,000)

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

1,834,000,000

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

681,000,000

Market Value Gain On Financial Instruments [Member]

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

938,000,000

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

141,000,000

Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss

fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss

$ (2,270,000,000)

Mexico, Pesos

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

1.90%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

1.90%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

1.90%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

1.90%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

1.90%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

1.90%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

4.80%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

4.80%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

5.70%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

3.60%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

3.60%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

3.60%

CLP/USD [Member]

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

$ 2,424,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

678,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

966,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

325,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

286,246,000,000

fmx_NetExposureForeignExchangeRates

2,082,000,000

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(2,424,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(678,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(996,000,000)

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

Brazil, Brazil Real

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

10,134,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

$ 8,447,000,000

fmx_InterestRateAverage

0.00%

fmx_InterestRateAverage

0.00%

fmx_InterestRateAverage

0.16%

fmx_InterestRateAverage

0.00%

fmx_InterestRateAverage

0.00%

fmx_InterestRateAverage

0.16%

UYU/USD [Member]

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

$ (13,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(20,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(25,000,000)

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

13,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

20,000,000

United States of America, Dollars

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

25,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

1,397,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

1,797,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

2,282,000,000

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(1,397,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(1,797,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(2,282,000,000)

fmx_CurrentRestrictedCash

349,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_CurrentRestrictedCash

304,000,000

EUR/USD [Member]

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

709,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

742,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

1,315,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

14,855,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

14,617,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

1,779,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

583,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_NetExposureForeignExchangeRates

$ 10,939,000,000

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

0.50%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

1.00%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

0.70%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

0.70%

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

$ (7,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

6,000,000

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(709,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(742,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(1,315,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(14,855,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(14,617,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(1,779,000,000)

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

7,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

(6,000,000)

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

$ 0

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

1.70%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

2.10%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

1.90%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

1.90%

Argentina, Pesos

Credit Contracts

fmx_CreditContracts

$ 657,000,000

Credit Contracts

fmx_CreditContracts

73,000,000

COP/USD [Member]

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

16,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

425,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

354,000,000

fmx_NetExposureForeignExchangeRates

275,000,000

fmx_NetExposureForeignExchangeRates

22,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

561,000,000

fmx_NetExposureForeignExchangeRates

593,000,000

fmx_NetExposureForeignExchangeRates

2,761,000,000

fmx_NetExposureForeignExchangeRates

757,000,000

fmx_NetExposureForeignExchangeRates

334,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

1,109,000,000

fmx_NetExposureForeignExchangeRates

1,822,000,000

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(34,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(225,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(112,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(16,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(425,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(354,000,000)

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

34,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

225,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

112,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

Change In Options To Purchase Foreign Currency Fluctuation Rate Effect On Equity

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity

(54,000,000)

Change In Options To Purchase Foreign Currency Fluctuation Rate Effect On Equity

fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity

Change In Options To Purchase Foreign Currency Fluctuation Rate Effect On Equity

fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity

PEN/USD [Member]

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_NetExposureForeignExchangeRates

67,000,000

MXN/USD [Member]

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

163,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

1,796,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

2,647,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

fmx_NetExposureForeignExchangeRates

1,455,000,000

fmx_NetExposureForeignExchangeRates

126,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

35,064,000,000

fmx_NetExposureForeignExchangeRates

3,049,000,000

fmx_NetExposureForeignExchangeRates

1,781,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_NetExposureForeignExchangeRates

$ 43,095,000,000

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

3.90%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

3.90%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

3.60%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

3.50%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

3.50%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

3.50%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

4.40%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

4.40%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

4.40%

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

$ (15,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(183,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(9,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(465,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(6,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(512,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(1,863,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(1,314,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(1,220,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(163,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(1,796,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(2,647,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

15,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

183,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

9,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

465,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

6,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

512,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

1,863,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

1,314,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

$ 1,220,000,000

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

8.90%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

8.90%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

56.10%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

8.90%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

8.90%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

8.90%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

9.40%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

9.40%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

9.40%

Change In Options To Purchase Foreign Currency Fluctuation Rate Effect On Equity

fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity

$ (136,000,000)

Change In Options To Purchase Foreign Currency Fluctuation Rate Effect On Equity

fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity

Change In Options To Purchase Foreign Currency Fluctuation Rate Effect On Equity

fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity

(4,520,000,000)

USD/BRL [Member]

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

18,000,000

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(18,000,000)

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

CHF/EUR [Member]

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(125,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(78,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(44,000,000)

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

125,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

78,000,000

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

$ 44,000,000

Colombia, Pesos

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

2.80%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

2.80%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

2.80%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

6.30%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

6.30%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

6.30%

URY/USD [Member]

fmx_NetExposureForeignExchangeRates

$ 169,000,000

fmx_NetExposureForeignExchangeRates

113,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

344,000,000

fmx_NetExposureForeignExchangeRates

163,000,000

fmx_NetExposureForeignExchangeRates

ARS/USD [Member]

fmx_NetExposureForeignExchangeRates

517,000,000

fmx_NetExposureForeignExchangeRates

60,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

150,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(11,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(685,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(10,000,000)

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

11,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

685,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

10,000,000

BRL/USD [Member]

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

434,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

34,000,000

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

fmx_NetExposureForeignExchangeRates

951,000,000

fmx_NetExposureForeignExchangeRates

45,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

17,903,000,000

fmx_NetExposureForeignExchangeRates

2,486,000,000

fmx_NetExposureForeignExchangeRates

1,370,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

174,000,000

fmx_NetExposureForeignExchangeRates

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_NetExposureForeignExchangeRates

$ 14,022,000,000

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

2.10%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

2.80%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

2.30%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

2.30%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

2.80%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

2.80%

Financial Instruments Designated As Hedging Derivative Interest Receivable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate

2.80%

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

$ (50,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(521,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(550,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(2,187,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(1,683,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(2,893,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(434,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(34,000,000)

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

50,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

521,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

550,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

2,187,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

1,683,000,000

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

$ 2,893,000,000

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

12.90%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

2.80%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

12.10%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

11.60%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

0.00%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

8.00%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

8.00%

Financial Instruments Designated As Hedging Derivative Interest Payable Rate

fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate

8.00%

Change In Options To Purchase Foreign Currency Fluctuation Rate Effect On Equity

fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity

$ (119,000,000)

Change In Options To Purchase Foreign Currency Fluctuation Rate Effect On Equity

fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity

Change In Options To Purchase Foreign Currency Fluctuation Rate Effect On Equity

fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity

Chile, Pesos

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

2,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

2,000,000

fmx_NetExposureForeignExchangeRates

$ 0

fmx_InterestRateAverage

0.00%

fmx_InterestRateAverage

6.10%

fmx_InterestRateAverage

0.00%

fmx_InterestRateAverage

0.00%

fmx_InterestRateAverage

3.57%

fmx_InterestRateAverage

0.00%

CRC/USD [Member]

fmx_NetExposureForeignExchangeRates

$ 240,000,000

fmx_NetExposureForeignExchangeRates

152,000,000

fmx_NetExposureForeignExchangeRates

fmx_NetExposureForeignExchangeRates

154,000,000

fmx_NetExposureForeignExchangeRates

117,000,000

fmx_NetExposureForeignExchangeRates

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(14,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(15,000,000)

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(24,000,000)

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

14,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

15,000,000

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

24,000,000

MXN/EUR [Member]

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

(1,000,000)

Increase In Foreign Currency Rate Effect On Profit Or Loss

fmx_IncreaseInForeignCurrencyRateEffectOnEquity

1,000,000

EUR/MXN [Member]

fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss

902,000,000

Decrease In Foreign Currency Rate Effect On Profit Or Loss

fmx_DecreaseInForeignCurrencyRateEffectOnEquity

fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss

(902,000,000)

ADR, 1 [Member]

Disclosure of Outstanding Interest Rate Swap Agreements

fmx_ExtraordinaryDividendPayable

$ 101.084

[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 ($) – See Note 2.2.4
[4]	Convenience translation to U.S. dollars ($) – See Note 2.2.4

Company Business

12 Months Ended

Dec. 31, 2024

Company Business [Abstract]

Company Business

Fomento Económico Mexicano, S.A.B. de C.V. and subsidiaries (“FEMSA,” the Company or the Group), incorporated under the laws of Mexico on May 30, 1936 for a duration of 99 years. The duration can be extended indefinitely by resolution of the shareholders of the Company. FEMSA is a public company established as a Sociedad anónima bursátil de capital variable under the Mexican laws that owns subsidiaries that are direct and indirect sub-holding companies in businesses in which the Company operates in the beverage industry through Coca-Cola FEMSA; retail industry through Proximity, Fuel and Health Divisions; and transport logistic services industry. The Company's principal headquarters are located at General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, Nuevo León 64410, Mexico. The Company's telephone number at this location is (+52-81) 8328-6000.

The following is a description of the Company’s businesses, along with its interest ownership in each reportable segment:



	% Ownership
Business	2024	2023	Activities
Coca-Cola FEMSA, S.A.B. de C.V. and subsidiaries (“Coca-Cola FEMSA”)	47.2% (56.0% of the voting shares)	47.2% (56.0% of the voting shares)	Production, distribution and marketing of certain Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina and Uruguay. As of December 31, 2024, The Coca-Cola Company (“TCCC”) indirectly owns 27.8% of Coca-Cola FEMSA’s capital stock. In addition, shares representing 25% of Coca-Cola FEMSA’s capital stock are traded on the Bolsa Mexicana de Valores (Mexican Stock Exchange “BMV”) and the New York Stock Exchange, Inc. (“NYSE”) in the form of American Depositary Shares (“ADS”).
Proximity Americas Division (4)	100%	100%	Small-box retail chain format operations in Mexico, Colombia, Peru, Chile, Brazil, and the United States mainly under the trade name “OXXO.”
Proximity Europe Division (2)	100%	100	Small-box retail and foodvenience chain operated by Valora through its portfolio of brands (k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo and ok.–) located in Switzerland, Germany, Austria, Luxembourg and the Netherlands.
Fuel Division	100%	100%	Retail service stations for fuels, motor oils, lubricants and car care products under the trade name “OXXO Gas” with operations in Mexico.
Health Division	100%	100%	Drugstores operations in Chile, Colombia and Ecuador, mainly under the trademark “Cruz Verde”, “Fybeca” and “Sana Sana”; and in Mexico under various brands such as “YZA”,” La Moderna” and “Farmacon.”
Heineken investment (3)	0.9%	0.9%	Heineken N.V. and Heineken Holding N.V. shares, which represented an aggregate of 0.9% economic interest in both entities (“Heineken Group”).
Other businesses (1)	100%	100%	Transport logistics services, and maintenance to subsidiary companies and third parties with operations mainly in Mexico, Brazil and Colombia. Proximity discount grocery business whose value proposition is based on a low-cost model to provide consumers with a selection of national and private label products at the most competitive prices.Tech and innovation business unit focused on building a value added digital and financial ecosystem under the trade name "Spin".

(1)In 2023 the Company finalized the merger of Envoy Solutions, LLC with Brady Plus, retaining an economic interest of 37% in IFS TopCo. See Note 10.

(2)As described in Note 4, on October 7, 2022, the Company acquired 96.87% of ownership in Valora Holding AG. Through that date and until December 31, 2022, the Company continued acquiring ownership of Valora, having 98.15% at the end of the year. As of December 31, 2023, the Company owned 100% of Valora Holding AG.

(3)During 2023, the Company sold its investment in Heineken Group. See Note 10.

(4)During 2024, the Company completed the acquisition of 100% of the retail operation of Delek US Holdings, see Note 4.1.2

Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2024

Financial Instruments [Abstract]

As of December 31, 2024, the Company has the following outstanding interest rate swap agreements:



	Notional		Fair Value Liability		Fair Value Asset
Maturity Date	Amount		December 31, 2024		December 31, 2024
2027	Ps.	2,339	Ps.	—	Ps.	1
2032		10,134		(1,784)		—

As of December 31, 2023, the Company has the following outstanding interest rate swap agreements:



	Notional		Fair Value Liability		Fair Value Asset
Maturity Date	Amount		December 31, 2023		December 31, 2023
2024	Ps.	2	Ps.	—	Ps.	65
2032		8,447		(1,381)		—

Disclosure of Outstanding Forward Agreements to Purchase Foreign Currency

As of December 31, 2024, the Company had the following outstanding forward agreements to purchase foreign currency:

Notional

Fair Value Liability

Fair Value Asset

Maturity Date

Amount

December 31, 2024

2025

Ps.

8,052

Ps.

(138)

Ps.

560

As of December 31, 2023, the Company had the following outstanding forward agreements to purchase foreign currency:

Notional

Fair Value Liability

Fair Value Asset

Maturity Date

Amount

December 31, 2023

2024

Ps.

11,449

Ps.

(573)

Ps.

Disclosure of Outstanding Cross Currency Swap Agreements

As of December 31, 2024, the Company had the following outstanding cross–currency swap agreements:



	Notional		Fair Value Liability		Fair Value Asset
Maturity Date	Amount		December 31, 2024		December 31, 2024
2025	Ps.	4,483	Ps.	—	Ps.	679
2026		7,243		(1)		547
2027		19,300		(137)		836
2028		6,819		(211)		—
2029		2,182		—		615
2030		26,086		(68)		3,166
2033		263		(31)		—
2035		10,000		(2,248)		—
2043		12,492		—		3,588
2050		3,471		—		1,714

As of December 31, 2023, the Company had the following outstanding cross–currency swap agreements:



	Notional		Fair Value Liability		Fair Value Asset
Maturity Date	Amount		December 31, 2023		December 31, 2023
2024	Ps.	954	Ps.	(35)	Ps.	103
2025		49,834		(2)		119
2026		6,045		(1,017)		98
2027		8,949		(1,391)		9
2028		6,009		—		89
2029		20		—		337
2030		13,633		(803)		—
2032		845		(51)		—
2033		4,931		—		117
2035		10,000		(3,809)		—
2043		5,398		—		1,877
2050		3,471		—		1,235

Disclosure of Fair Value of Commodity Price Contracts

As of December 31, 2024, Coca-Cola FEMSA had the following sugar price contracts:



	Notional		Fair Value Liability		Fair Value Asset
Maturity Date	Amount		December 31, 2024		December 31, 2024
2025	Ps.	3,108	Ps.	(183)	Ps.	6
2026		2,214		(118)		—
2027		440		(27)		—

As of December 31, 2023, Coca-Cola FEMSA had the following sugar price contracts:



	Notional		Fair Value Liability		Fair Value Asset
Maturity Date	Amount		December 31, 2023		December 31, 2023
2024	Ps.	2,593	Ps.	(130)	Ps.	206
2025		745		(72)		—

As of December 31, 2024, Coca-Cola FEMSA had the following aluminum price contracts:

Notional

Fair Value Liability

Fair Value Asset

Maturity Date

Amount

December 31, 2024

2025

Ps.

828

Ps.

(2)

Ps.

As of December 31, 2023, Coca-Cola FEMSA had the following aluminum price contracts:

Notional

Fair Value Liability

Fair Value Asset

Maturity Date

Amount

December 31, 2023

2024

Ps.

647

Ps.

—

Ps.

As of December 31, 2024, the Company had the following diesel price contracts:

Notional

Fair Value Liability

Fair Value Asset

Maturity Date

Amount

December 31, 2024

2025

Ps.

—

Ps.

—

As of December 31, 2024, the Company had the following PX + MEG price contracts:

Notional

Fair Value Liability

Fair Value Asset

Maturity Date

Amount

December 31, 2024

2025

(5)

—

As of December 31, 2024, the Company had the following outstanding option agreements to purchase foreign currency:

Notional

Liability

Asset

Maturity Date

Amount

December 31, 2024

2025

Ps.

3,701

Ps.

(24)

Ps.

248

Disclosure of Net Effects of Expired Contracts Met Hedging Criteria



	Impact in Consolidated
	Income Statement	December 31, 2024		December 31, 2023		December 31, 2022
Cross-currency swaps (1)	Interest expense	Ps.	—	Ps.	(392)	Ps.	(1)
Cross-currency swaps (1)	Foreign exchange		—		(747)		(5)
Interest rate swaps	Interest expense		—		—		—
Forward agreements to purchase foreign currency	Foreign exchange		(3)		180		565
Commodity price contracts	Cost of goods sold		(15)		430		614
Options to purchase foreign currency	Cost of goods sold		39		—		—
Forward agreements to purchase foreign currency	Cost of goods sold		136		(1,834)		(681)

(1)This amount corresponds to the settlement of cross-currency swaps portfolio in Brazil presented as part of the other financial activities.

Disclosure of Net Effect of Changes in Fair Value of Derivative Financial Instruments Did Not Meet Hedging Criteria for Accounting Purposes

Impact in Consolidated

Type of Derivatives

Income Statement

December 31, 2024

December 31, 2023

December 31, 2022

Cross currency swaps and interest rate swaps

Market value gain (loss) on financial instruments

Ps.

938

Ps.

141

Ps.

(2,270)

Summary of Maturity Analysis for Non-derivative and Derivative Financial Liabilities

The following table reflects all contractually fixed pay-offs for settlement, repayments and interest resulting from recognized financial liabilities. It includes expected net cash outflows from derivative financial liabilities that are in place as of December 31, 2024. Such expected net cash outflows are determined based on each particular settlement date of an instrument. The amounts disclosed are undiscounted net cash outflows for the respective upcoming fiscal years, based on the earliest date on which the Company could be required to pay. Cash outflows for financial liabilities (including interest and excluding lease liabilities) without fixed amount or timing are based on economic conditions (like interest rates and foreign exchange rates) existing on December 31, 2024.



	2025		2026		2027		2028		2029		2030 and thereafter		Total
Non-derivative financial liabilities:
Notes and bonds	Ps.	4,306	Ps.	16,326	Ps.	11,498	Ps.	18,382	Ps.	7,627	Ps.	117,900	Ps.	176,039
Loans from Banks		7,784		662		734		546		211		57		9,994
Derivative financial liabilities		(1,161)		(1,397)		(1,307)		(726)		(902)		(3,978)		(9,471)

Summary of Financial Instruments to Hedge Exposure to Foreign Exchange Rates and Interest Rates

As of December 31, 2024, the Company’s financial instruments used to hedge its exposure to foreign exchange rates and interest rates are as follows:



	Maturity
	1‑6 months	6‑12 months	More than 12
Foreign exchange currency risk
Foreign exchange currency forward contracts
Net exposure	1,455	126	—
Average exchange rate MXN/USD	18.74	20.71	—
Net exposure	951	45	—
Average exchange rate BRL/USD	5.50	6.07	—
Net exposure	275	22	—
Average exchange rate COP/USD	4,134	4,164	—
Net exposure	517	60	—
Average exchange rate ARS/USD	1,198	1,286	—
Net exposure	169	113	—
Average exchange rate URY/USD	41.59	44.13	—
Net exposure	240	152	—
Average exchange rate CRC/USD	531.13	540.05	—
Foreign exchange currency swap contracts
Net exposure	—	—	35,064
Average exchange rate MXN/USD	—	—	20.51
Net exposure	—	—	17,903
Average exchange rate BRL/USD	—	—	5.09
Net exposure	561	593	2,761
Average exchange rate COP/USD	3,817.00	3,420.15	4,271.98
Net exposure	—	—	325
Average exchange rate CLP/USD	—	—	816.00
Net exposure	—	—	583


Average exchange rate EUR/USD	—	—		1.09
Net exposure	—	—		67
Average exchange rate PEN/USD	—	—		3.74
Foreign exchange currency options contracts
Notional amount (in millions of pesos)	568	1,127		—
Average exchange rate MXN/USD	19.55	20.61		—
Notional amount (in millions of pesos)	472	928		—
Average exchange rate BRL/USD)	5.77	6.04		—
Notional amount (in millions of pesos)	307	299		—
Average exchange rate COP/USD)	4,313.00	4,361.66		—
Interest rate risk
Interest rate swaps
Net exposure	—	—		10,134
Interest rate average BRL	—	—		0.16	%
Net exposure	—	2		—
Interest rate average CLP	—	6.10	%	—
Commodities risk
Aluminum	440	389		—
Average price (USD/Ton)	2,480.15	2,542.39		—
Diesel (in millions of pesos)	11	11		—
Average price (USD/Gallons)	2.14	2.14		—
PX+MEG (in millions of pesos)	72	—		—
Average proce (USD/Ton)	950.00	—		—
Sugar	3,476	1,500		787
Average price (USD cent/Lb)	19.38	19.14		17.94

As of December 31, 2023, the Company’s financial instruments used to hedge its exposure to foreign exchange rates and interest rates are as follows:



	Maturity
	1‑6 months		6‑12 months		More than 12
Foreign exchange currency risk
Foreign exchange currency forward contracts
Net exposure	Ps.	3,049	Ps.	1,781	Ps.	—
Average exchange rate MXN/USD		18.39		18.40		—
Net exposure		2,486		1,370		—
Average exchange rate BRL/USD		5.10		5.07		—
Net exposure		757		334		—
Average exchange rate COP/USD		4,436		4,316		—
Net exposure		150		—		—
Average exchange rate ARS/USD		668.06		—		—
Net exposure		344		163		—
Average exchange rate URY/USD		40.18		40.66		—
Net exposure		154		117		—
Average exchange rate CRC/USD		558.89		556.00		—
Foreign exchange currency swap contracts



	Maturity
	1‑6 months		6‑12 months			More than 12
Net exposure		—		—			43,095
Average exchange rate MXN/USD		—		—			17.77
Net exposure		174		—			14,022
Average exchange rate BRL/USD		4.81		—			5.05
Net exposure		—		1,109			1,822
Average exchange rate COP/USD		—		3,601.94			3,743.16
Net exposure		—		286,246			2,082
Average exchange rate CLP/USD		—		870.50			764.40
Net exposure		—		—			10,939
Average exchange rate EUR/USD		—		—			1.09
Interest rate risk
Interest rate swaps
Net exposure		—		—			8,447
Interest rate average BRL		—		—			0.16	%
Net exposure		—		2			—
Interest rate average CLP		—		3.57	%		—
Commodities risk
Aluminum		298		349			—
Average price (USD/Ton)		2,304		2,364			—
Sugar		1,703		890			745
Average price (USD cent/Lb)		22.43		22.18			22.62

Reconciliation Per Category of Equity Components and Analysis of OCI Components, Net of Tax Generated by Cash Flow Hedges

As of December 31, 2024, a reconciliation per category of equity components and an analysis of OCI components, net of tax; generated by the cash flow hedges were as follows:



	Hedging
	reserve
Balances at beginning of the period	Ps.	956
Cash flows hedges
Fair value changes:
Foreign exchange currency risk – Purchase of stock		844
Foreign exchange currency risk – Other stock		1,436
Interest rate risk		(64)
Commodity price contracts – Purchase of stock		(4,747)
The amounts reclassified to profit and loss:
Foreign exchange currency risk – Other stock		4,708
Interest rate risk		(45)
The amounts included in non-financial costs:
Foreign exchange currency risk – Purchase of stock		(98)
Commodity price contracts – Purchase of stock		(2)
Taxes due to changes in reserves during the period		133
Balances at the end of the period	Ps.	3,121

Employee Benefits - Actuarial Assumptions (Details)	12 Months Ended
Employee Benefits - Actuarial Assumptions (Details)	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Biometric:
Normal retirement age	60 years	60 years	60 years

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Dec. 31, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Bank Loans and Notes Payable - Interest Expense (Details) - MXN ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Bank Loans and Notes Payable [Abstract]
Interest expense charges for employee benefits (Note 17.4)	$ 587	$ 590	$ 553
Derivative instruments	3,188	(1,891)	1,795
Finance operating charges	$ 175	$ 821	$ (413)

Balances and Transactions in Foreign Currencies (Tables)

12 Months Ended

Dec. 31, 2024

Balances and Transactions in Foreign Currencies [Abstract]

Summary of Assets, Liabilities and Transactions in Foreign Currencies

For the three years ended on December 31, 2024, 2023 and 2022, the assets, liabilities and transactions denominated in foreign currencies, expressed in Mexican pesos (contractual amounts) are as follows:



	Assets				Liabilities
Balances	Short-Term		Long-Term		Short-Term		Long- Term
As of December 31, 2024
U.S. dollars	Ps.	93,411	Ps.	791	Ps.	7,981	Ps.	81,879
Euros		1,149		—		611		22,021
Other currencies		46		1,078		26		—
Total	Ps.	94,606	Ps.	1,869	Ps.	8,618	Ps.	103,900
As of December 31, 2023
U.S. dollars	Ps.	128,143	Ps.	895	Ps.	5,534	Ps.	71,969
Euros		4,311		—		498		19,404
Other currencies		46		1,311		6		—
Total	Ps.	132,500	Ps.	2,206	Ps.	6,038	Ps.	91,373



Transactions	Revenues		Other Operating Revenues		Purchases of Raw Materials		Interest Expense		Consulting Fees		Asset Acquisitions		Share Disposition		Other
For the year ended
December 31, 2024
U.S. dollars	Ps.	8,008	Ps.	1,522	Ps.	25,063	Ps.	2,295	Ps.	1,654	Ps.	8	Ps.	—	Ps.	6,597
Euros		69		—		—		2,471		186		—		—		—
Other currencies		21		—		—		—		4		—		—		—
Total	Ps.	8,098	Ps.	1,522	Ps.	25,063	Ps.	4,766	Ps.	1,844	Ps.	8	Ps.	—	Ps.	6,597
For the year ended
December 31, 2023
U.S. dollars	Ps.	13,322	Ps.	5,981	Ps.	21,806	Ps.	1,266	Ps.	815	Ps.	40	Ps.	—	Ps.	5,022
Euros		3,064		1		185		288		782		—		3,120		11
Other currencies		9		2		—		—		—		3		—		—
Total	Ps.	16,395	Ps.	5,984	Ps.	21,991	Ps.	1,554	Ps.	1,597	Ps.	43	Ps.	3,120	Ps.	5,033
For the year ended
December 31, 2022
U.S. dollars	Ps.	6,373	Ps.	2,080	Ps.	25,247	Ps.	2,411	Ps.	1,011	Ps.	44	Ps.	—	Ps.	4,245
Euros		651		1		253		226		11		3		—		779
Other currencies		—		—		—		—		16		—		—		—
Total	Ps.	7,024	Ps.	2,081	Ps.	25,500	Ps.	2,637	Ps.	1,038	Ps.	47	Ps.	—	Ps.	5,024

Summary of Exchange Rates

Mexican peso exchange rates effective at the dates of the consolidated statements of financial position and the issuance date of the Company’s consolidated financial statements were as follows:



	December 31,		April 18,
	2024	2023	2025
U.S. dollar	20.2683	16.8935	20.0213
Euro	21.5241	18.6896	22.6931

Financial Instruments - Sensitivity Analysis of Interest Rate Risks (Details) - MXN ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disclosure of Interest Rate Risk Exposure [line items]
Effect on Equity	$ (148)	$ (9)	$ (90)
Effect on profit loss	$ (258)	$ (250)	$ (249)

Bank Loans and Notes Payable - Interest Income (Details) - MXN ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Bank Loans and Notes Payable [Abstract]
Finance operating products	$ 305	$ 514	$ 0

Non-Controlling Interest in Consolidated Subsidiaries (Tables)

12 Months Ended

Dec. 31, 2024

Non-Controlling Interest In Consolidated Subsidiaries [Abstract]

Summary of Non-Controlling Interest in its Consolidated Subsidiaries

An analysis of FEMSA’s non-controlling interest in its consolidated subsidiaries as of December 31, 2024 and 2023 is as follows:



	December 31, 2024		December 31, 2023
Coca-Cola FEMSA	Ps.	82,522	Ps.	73,151
Proximity Americas Division		1,031		1,046
Other		76		312
	Ps.	83,629	Ps.	74,509

Summary of Changes in Non-Controlling Interest

The changes in the FEMSA’s non-controlling interest were as follows:



	2024		2023		2022
Balance at beginning of the period	Ps.	74,509	Ps.	75,197	Ps.	72,516
Net income of non-controlling interest		13,501		10,988		10,834
Other comprehensive loss:		2,608		(3,465)		(2,198)
Exchange differences on translation of foreign operation		2,235		(3,325)		(1,558)
Remeasurements of the net defined benefits liability		(478)		87		173
Valuation of the effective portion of derivative financial instruments		851		(227)		(813)
Dividends		(6,801)		(6,551)		(6,176)
Share based payment		(5)		22		(57)
Other acquisitions and remeasurements		(186)		—		5
Repurchase of non-controlling interests		—		—		(79)
Contribution from non-controlling interest		—		—		352
Disposals of businesses (Envoy and others)		3		(1,682)		—
Balance at end of the period	Ps.	83,629	Ps.	74,509	Ps.	75,197

Summary of Non-Controlling Interest's Accumulated Other Comprehensive Loss

Non-controlling interest’s accumulated other comprehensive loss is comprised as follows:



	December 31, 2024		December 31, 2023
Exchange differences on translation foreign operation	Ps.	(10,647)	Ps.	(12,882)
Remeasurements of the net defined benefits liability		(813)		(335)
Valuation of the effective portion of derivative financial instruments		544		(307)
Accumulated other comprehensive loss	Ps.	(10,916)	Ps.	(13,524)

Summary of Financial Information of Coca-Cola FEMSA

Summarized financial information in respect of Coca-Cola FEMSA is set out below:



	December 31, 2024		December 31, 2023
Total current assets	Ps.	75,132	Ps.	67,738
Total non-current assets		232,854		205,782
Total current liabilities		67,171		54,916
Total non-current liabilities		90,274		84,899
Total revenue	Ps.	279,793	Ps.	245,088
Consolidated net income		24,549		20,226
Consolidated comprehensive income for the year, net of tax	Ps.	29,706	Ps.	14,104
Net cash flows generated from operating activities		42,442		42,289
Net cash flows used in investing activities		(23,392)		(20,070)
Net cash flows used in financing activities		(19,642)		(26,352)

Other Liabilities, Provisions, Contingencies and Commitments (Details) - MXN ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Other Liabilities, Provisions, Contingencies and Commitments [Abstract]
Sundry creditors	$ 23,370	$ 18,540
Other tax payable	13,380	11,106
Debt with former shareholders	1,514	1,578
Total	$ 3,399	$ 4,617

Material Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2024

Material Accounting Policies [Abstract]

Foreign currencies, consolidation of foreign subsidiaries and accounting of equity method accounted investees

3.3 Foreign currencies, consolidation of foreign subsidiaries and accounting of equity method accounted investees

In preparing the financial statements of each subsidiary and accounting for equity method accounted investees, transactions in currencies other than the individual entity’s functional currency (foreign currencies) are recognized at the exchange rates prevailing at the dates of the transactions. At the end of each reporting period, monetary items denominated in foreign currencies are retranslated at the rates prevailing at that date. Non-monetary items that are measured in terms of historical cost in a foreign currency are not re-measured.

Exchange differences on monetary items are recognized in the consolidated net income in the period in which they arise except for:

•The variations in the net investment in foreign subsidiaries generated by exchange rate fluctuation which are included in OCI, which is recorded in equity as part of cumulative translation adjustment within the accumulated other comprehensive income; and

•Exchange differences on transactions entered into to hedge certain foreign currency risks.

Foreign exchange differences on monetary items are recognized in profit or loss. Their classification in the consolidated income statements depends on their nature. Differences arising from fluctuations related to operating activities are presented in the “other expenses” line (see Note 20) while fluctuations related to non-operating activities such as financing activities are presented as part of the “foreign exchange gain (loss)” line in the consolidated income statements.

For incorporation into the Company’s consolidated financial statements, each foreign subsidiary, associate or joint venture’s individual financial statements are translated into Mexican pesos, as follows:

•For entities operating in hyperinflationary economic environments, the inflation effects of the origin country are recognized under IAS 29, Financial Reporting in Hyperinflationary Economies, and subsequently translated into Mexican pesos using the year-end exchange rate for the consolidated statements of financial position and consolidated income statements and comprehensive income; and

•For entities operating in non-hyperinflationary economic environments, assets and liabilities are translated into Mexican pesos using the year-end exchange rate, equity is translated into Mexican pesos using the historical exchange rate, and the consolidated income statements and comprehensive income are translated using the exchange rate at the date of each transaction. The Company uses the average exchange rate of each month if the exchange rate does not fluctuate significantly.

In addition, in relation to a partial disposal of a subsidiary that does not result in the Company losing control over the subsidiary, the proportionate share of exchange differences on translation of foreign subsidiaries and associates are re-attributed to non-controlling interests and are not recognized in profit or loss. For all other partial disposals (i.e., partial disposals of associates or joint ventures that do not result in the Company losing significant influence or joint control), the proportionate share of the exchange differences on translation of foreign subsidiaries and associates is reclassified to profit or loss.

Goodwill and fair value adjustments on identifiable assets and liabilities acquired arising on the acquisition of a foreign operation are treated as assets and liabilities of the foreign operation and translated at the rate of exchange prevailing at the end of each reporting period. Foreign exchange differences arising are recognized in equity as part of the cumulative translation adjustment.

The translation of assets and liabilities denominated in foreign currencies into Mexican pesos is for consolidation purposes and does not indicate that the Company could realize or settle the reported value of those assets and liabilities in Mexican pesos. Additionally, this does not indicate that the Company could return or distribute the reported Mexican peso value in equity to its shareholders.



		Exchange Rates of Local Currencies Translated to Mexican Pesos (1)
	Functional /	Average Exchange Rate for			Exchange Rate as of
	Recording				December 31,	December 31,
Country or Zone	Currency	2024	2023	2022	2024	2023
Guatemala	Quetzal	2.36	2.27	2.60	2.63	2.16
Costa Rica	Colon	0.04	0.03	0.03	0.04	0.03
Panama	U.S. dollar	18.30	17.77	20.13	20.27	16.89
Colombia	Colombian peso	0.004	0.004	0.01	0.005	0.01
Nicaragua	Cordoba	0.50	0.49	0.56	0.55	0.46
Argentina	Argentine peso	0.02	0.07	0.16	0.02	0.02
Brazil	Reais	3.40	3.56	3.90	3.27	3.49
Chile	Chilean peso	0.02	0.02	0.02	0.02	0.02
Euro Zone	Euro (€)	19.82	19.19	21.17	21.29	18.76
Peru	Nuevo Sol	4.87	4.74	5.24	5.38	4.55
Ecuador	U.S. dollar	18.30	17.77	20.13	20.27	16.89
United States	U.S. dollar	18.30	17.77	20.13	20.27	16.89
Uruguay	Uruguayan peso	0.46	0.46	0.49	0.46	0.43
Switzerland	Swiss franc	20.78	19.77	—	22.43	20.11

(1)Exchange rates published by the Central Bank of each country where the Company operates, except for Panama and Ecuador.

Recognition of the effects of inflation in countries with hyperinflationary economic environments

3.4 Recognition of the effects of inflation in countries with hyperinflationary economic environments

The Company recognizes the effects of inflation on the financial information of its subsidiaries that operate in hyperinflationary economic environments (when cumulative inflation of the three preceding years is approaching, or exceeds, 100% or more in addition to other qualitative factors), which consists of:

•Using inflation factors to restate non-monetary assets, such as inventories, property, plant and equipment, net, intangible assets, net including related costs and expenses when such assets are consumed or depreciated;

•Applying the appropriate inflation factors to restate capital stock, additional paid-in capital, net income, retained earnings and items of other comprehensive income by the necessary amount to maintain the purchasing power equivalent in the currency of the subsidiary on the dates such capital was contributed, or income was generated up to the date the consolidated financial statements are presented; and

•Including the monetary position gain or loss in the consolidated income statements in the caption “Gain on monetary position for subsidiaries in hyperinflationary economies”.

The Company restates the financial information of the Argentine subsidiary that operates in a hyperinflationary economic environment using the consumer price index (“CPI”) of the country.

As of December 31, 2024, 2023, and 2022, the operations of the Company are classified as follows:


				Cumulative Inflation 2021 - 2023
Country	Cumulative Inflation 2022 - 2024		Type of Economy			Type of Economy	Cumulative Inflation 2020 - 2022		Type of Economy
Mexico	17.6	%	Non-hyperinflationary	21.1	%	Non-hyperinflationary	19.4	%	Non-hyperinflationary
Guatemala	15.7	%	Non-hyperinflationary	17.3	%	Non-hyperinflationary	18.0	%	Non-hyperinflationary
Costa Rica	6.9	%	Non-hyperinflationary	9.5	%	Non-hyperinflationary	12.4	%	Non-hyperinflationary
Panama	3.8	%	Non-hyperinflationary	6.7	%	Non-hyperinflationary	3.1	%	Non-hyperinflationary
Colombia	30.0	%	Non-hyperinflationary	30.6	%	Non-hyperinflationary	21.4	%	Non-hyperinflationary
Nicaragua	21.2	%	Non-hyperinflationary	26.3	%	Non-hyperinflationary	23.1	%	Non-hyperinflationary
Argentina (a)	1221.0	%	Hyperinflationary	815.6	%	Hyperinflationary	300.3	%	Hyperinflationary
Brazil	16.0	%	Non-hyperinflationary	21.8	%	Non-hyperinflationary	21.7	%	Non-hyperinflationary
Euro Zone	15.1	%	Non-hyperinflationary	18.0	%	Non-hyperinflationary	14.6	%	Non-hyperinflationary
Chile	22.5	%	Non-hyperinflationary	25.6	%	Non-hyperinflationary	20.9	%	Non-hyperinflationary
Peru	14.2	%	Non-hyperinflationary	19.2	%	Non-hyperinflationary	15.4	%	Non-hyperinflationary
Ecuador	5.7	%	Non-hyperinflationary	7.2	%	Non-hyperinflationary	5.8	%	Non-hyperinflationary
United States	13.2	%	Non-hyperinflationary	17.8	%	Non-hyperinflationary	13.8	%	Non-hyperinflationary
Uruguay	20.1	%	Non-hyperinflationary	22.9	%	Non-hyperinflationary	27.9	%	Non-hyperinflationary
Germany	8.5	%	Non-hyperinflationary	24.1	%	Non-hyperinflationary	—	%	Non-hyperinflationary
Netherlands	15.5	%	Non-hyperinflationary	19.1	%	Non-hyperinflationary	—	%	Non-hyperinflationary
Austria	18.7	%	Non-hyperinflationary	21.3	%	Non-hyperinflationary	—	%	Non-hyperinflationary
Luxembourg	14.3	%	Non-hyperinflationary	17.3	%	Non-hyperinflationary	—	%	Non-hyperinflationary
Switzerland	5.3	%	Non-hyperinflationary	6.2	%	Non-hyperinflationary	—	%	Non-hyperinflationary

a) Argentina

Beginning on July 1, 2018, Argentina became a hyperinflationary economy because, among some other economic factors, the last three years’ cumulative inflation in Argentina exceeded 100% according to the several economic indices that exist in the country. The financial information for the Company’s Argentine subsidiary has been adjusted to recognize the inflationary effects since January 1, 2018 through:

•Using inflation factors to restate non-monetary assets, such as inventories, property, plant and equipment, net, intangible assets, net, including related costs and expenses when such assets are consumed or depreciated.

•Recognizing the monetary position gain or loss in the consolidated net income.

The FACPCE (Federación Argentina de Consejos Profesionales de Ciencias Económicas) approved on September 29, 2018 and published on October 5, 2018, a resolution which defines, among other things, that the index price to determine the restatement coefficient (Based on a series that applies the Consumer Price Index (“CPI”) from January 2017 with the Wholesale Domestic Price Index (“WDPI”) until this date, and computing November and December 2015 using the CPI- of Ciudad del Gran Buenos Aires (“CGBA”) variation).

Other financial assets

3.8 Other financial assets

Other financial assets include long-term accounts receivable, derivative financial instruments and recoverable contingencies acquired from business combinations. Long-term accounts receivable with a stated term are measured at amortized cost using the effective interest method, less any impairment.

Other current assets

3.12 Other current and non-current assets

Other current assets, which will be realized within less than one year from the reporting date, are comprised of prepaid assets and product promotion agreements with customers.

Prepaid assets principally consist of advances to suppliers of raw materials, advertising, promotional, leasing and insurance costs, and are recognized as other current assets at the time of the cash disbursement. Prepaid assets are

initially recorded as an asset and are subsequently amortized in the appropriate caption in the consolidated income statement when goods or services have been received.

The Company has prepaid advertising costs which consist of television and radio advertising airtime in advance. These prepaids are generally amortized over the period based on the transmission of the television and radio spots. The related production costs are recognized in the consolidated income statement as incurred.

Coca-Cola FEMSA has agreements with customers for the right to sell and promote Coca-Cola FEMSA’s products over a certain period. The majority of these agreements have terms of more than one year, and the related costs are amortized using the straight-line method over the term of the contract and deducted from Net sales as consideration paid to customers.

Financial liabilities and equity instruments

3.19 Financial liabilities and equity instruments

3.19.1 Classification as debt or equity

Debt and equity instruments issued by the Company are classified as either financial liabilities or as equity in accordance with the substance of the contractual arrangements and the definitions of a financial liability and an equity instrument.

3.19.2 Equity instruments

An equity instrument is any contract that evidences a residual interest in the assets of an entity after deducting all of its liabilities. Equity instruments issued by the Company are recognized at the proceeds received net of direct issue costs.

Repurchase of the Company’s own equity instruments is recognized as a deduction from equity. No gain or loss is recognized in profit or loss on the purchase, sale, issue or cancellation of the Company’s equity instruments.

3.19.3 Financial liabilities

Initial recognition and measurement

Financial liabilities within the scope of IFRS 9 are classified as financial liabilities at amortized cost, except for derivative instruments designated as hedging instruments in an effective hedge, which are recognized at FVTPL. The Company determines the classification of its financial liabilities at initial recognition.

All financial liabilities are recognized initially at fair value less, in the case of loans and borrowings, directly attributable transaction costs.

The Company’s financial liabilities include trade and other payables, loans and borrowings, and derivative financial instruments, see Note 3.9.

Subsequent measurement

The subsequent measurement of the Company’s financial liabilities depends on their classification as described below.

3.19.4 Loans and borrowings

After initial recognition, interest-bearing loans and borrowings are subsequently measured at amortized cost using the EIR method. Gains and losses are recognized in the consolidated income statements when the liabilities are derecognized.

Amortized cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the effective interest method. The effective interest method amortization is included in interest expense in the consolidated income statements, see Note 19.

3.19.5 Derecognition

A financial liability is derecognized when the obligation under the liability is discharged, canceled or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as the derecognition of the original liability and the recognition of a new liability. The difference in the respective carrying amounts is recognized in the consolidated income statements.

Administrative and selling expenses

3.23 Administrative and selling expenses

Administrative expenses include labor costs (salaries and other benefits, including PTU of employees not directly involved in the sale or production of the Company’s products, as well as professional service fees, the depreciation of office facilities, amortization of capitalized information technology system implementation costs and any other similar costs.

Selling expenses include:

•Distribution: labor costs, outbound freight costs, warehousing costs of finished products, write-off of returnable bottles in the distribution process, depreciation and maintenance of trucks and other distribution facilities and equipment. For the years ended December 31, 2024, 2023, and 2022, these distribution costs amounted to Ps. 39,035, Ps. 34,615 and Ps. 30,721, respectively;

•Sales: labor costs (salaries and other benefits including PTU) and sales commissions paid to sales personnel; and

•Marketing: promotional expenses and advertising costs.

Material Accounting Policies - Intangibles, Impairment, Benefits, Selling, Taxes, Share-Based Payments Arrangements (Details)
$ in Millions, $ in Millions

12 Months Ended

Dec. 31, 2024

MXN ($)

agreement

age

Dec. 31, 2024

USD ($)

agreement

age

Dec. 31, 2023

MXN ($)

Dec. 31, 2022

MXN ($)

Disclosure of significant accounting policies [line items]

Number of bottling agreements

Number of bottling agreements, after renewal

Intangible assets renewable term

10 years