Consolidated statements
of changes in stockholders’ equity
For the years ended December 31, 2017, 2016 and 2015
(In thousands of Mexican pesos)
| Capital stock | Net stock issuance premium | Retained earnings | Translation effects of foreign operations | Valuation of derivative financial instruments | Actuarial gain (losses) | Share of other comprehensive income of associates | Total controlling interest | Non-controlling interest | Total stockholders’ equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consolidated 2015 beginning balances | $2,536,774 | $879,092 | $48,808,374 | $846,019 | $(78,098) | $(141,602) | $34,065 | $52,884,624 | $8,300,737 | $61,185,361 |
|||||||||
| Repurchase of capital stock | (3,726) | – | (1,061,992) | – | – | – | – | (1,065,718) | – | (1,065,718) | |||||||||
| Cash dividends declared | – | – | (1,915,702) | – | – | – | – | (1,915,702) | – | (1,915,702) | |||||||||
| Dividends paid to non-controlling interest | – | – | – | – | – | – | – | – | (747,360) | (747,360) | |||||||||
| Decrease in non-controlling interest due to stock issuance of subsidiary | – | – | (284,049) | – | – | – | – | (284,049) | (366,503) | (650,552) | |||||||||
| Increase in non-controlling interest due to stock issuance of subsidiary | – | – | 13,449 | – | – | – | – | 13,449 | 246,318 | 259,767 | |||||||||
| Balances before comprehensive income | 2,533,048 | 879,092 | 45,560,080 | 846,019 | (78,098) | (141,602) | 34,065 | 49,632,604 | 7,433,192 | 57,065,796 | |||||||||
| Consolidated comprehensive income of the year | – | – | 6,196,155 | (247,316) | (1,746) | (465,068) | (2,268) | 5,479,757 | 1,248,815 | 6,728,572 | |||||||||
| Consolidated balances as of December 31, 2015 | 2,533,048 | 879,092 | 51,756,235 | 598,703 | (79,844) | (606,670) | 31,797 | 55,112,361 | 8,682,007 | 63,794,368 | |||||||||
| Repurchase of capital stock | (2,119) | – | (680,020) | – | – | – | – | (682,139) | – | (682,139) | |||||||||
| Cash dividends declared | – | – | (1,995,912) | – | – | – | – | (1,995,912) | – | (1,995,912) | |||||||||
| Dividends paid to non-controlling interest | – | – | – | – | – | – | – | – | (1,251,003) | (1,251,003) | |||||||||
| Decrease in non-controlling interest due to stock issuance of subsidiary | – | – | (98,334) | – | – | – | – | (98,334) | (137,557) | (235,891) | |||||||||
| Acquisition of non-controlling interest in subsidiaries | – | – | 133,956 | – | – | – | – | 133,956 | 430,925 | 564,881 | |||||||||
| Increase in non-controlling interest due to stock issuance of subsidiary | – | – | – | – | – | – | – | – | (1,413,279) | (1,413,279) | |||||||||
| Balances before comprehensive income | 2,530,929 | 879,092 | 49,115,925 | 598,703 | (79,844) | (606,670) | 31,797 | 52,469,932 | 6,311,093 | 58,781,025 | |||||||||
| Consolidated comprehensive income of the year | – | – | 9,524,896 | 359,113 | 11,439 | 57,584 | 1,049,015 | 11,002,047 | 1,797,092 | 12,799,139 | |||||||||
| Consolidated balances as of December 31, 2016 | 2,530,929 | 879,092 | 58,640,821 | 957,816 | (68,405) | (549,086) | 1,080,812 | 63,471,979 | 8,108,185 | 71,580,164 | |||||||||
| Repurchase of capital stock | (1,262) | – | (407,484) | – | – | – | – | (408,746) | – | (408,746) | |||||||||
| Cash dividends declared | 5,215 | 1,513,804 | (2,038,984) | – | – | – | – | (519,965) | – | (519,965) | |||||||||
| Dividends paid to non-controlling interest | – | – | – | – | – | – | – | – | (1,010,716) | (1,010,716) | |||||||||
| Decrease in non-controlling interest due to stock issuance of subsidiary | – | – | (121,273) | – | – | – | – | (121,273) | (302,790) | (424,063) | |||||||||
| Acquisition of non-controlling interest in subsidiaries | – | – | (29,764) | – | – | – | – | (29,764) | 62,876 | 33,112 | |||||||||
| Balances before comprehensive income | 2,534,882 | 2,392,896 | 56,043,316 | 957,816 | (68,405) | (549,086) | 1,080,812 | 62,392,231 | 6,857,555 | 69,249,786 | |||||||||
| Consolidated comprehensive income of the year | – | – | 10,033,633 | (80,428) | (115,497) | 74,211 | 366,209 | 10,278,128 | 1,403,743 | 11,681,871 | |||||||||
| Consolidated balances as of December 31, 2017 | $2,534,882 | $2,392,896 | $66,076,949 | $877,388 | $(183,902) | $(474,875) | $1,447,021 | $72,670,359 | $8,261,298 | $80,931,657 |
See accompanying notes to consolidated financial statements.