Consolidated Statements of Changes in Stockholders’ Equity
For the years ended December 31, 2018, 2017 and 2016
(In thousands of Mexican pesos)
| Other comprehensive income | ||||||||||||
| Capital stock |
Net stock issuance premium |
Retained earnings |
Translation effects of foreign operations |
Valuation of derivative financial instruments |
Actuarial gain (losses) |
Gain in valuation of financial instruments capital |
Share in the ownership in other comprehensive results |
Share of other comprehensive incone of associates |
Total controlling interest |
Non-controlling interest |
Total stockholders’ equity |
|
| Consolidated 2016 beginning balances | $ 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 own shares | (2,119) | – | (680,020) | – | – | – | – | – | – | (682,139) | – | (682,139) |
| Cash dividends declared | – | – | (1,995,912) | – | – | – | – | – | – | (1,995,912) | – | (1,995,912) |
| Dividends declared to non-controlling interest |
– | – | – | – | – | – | – | – | – | – | (1,251,003) | (1,251,003) |
| Decrease in repurchase of shares 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 |
| Acquisition of non-controlling interest of subsidiaries | – | – | – | – | – | – | – | – | – | – | (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 own shares | (1,262) | – | (407,484) | – | – | – | – | – | – | (408,746) | – | (408,746) |
| Cash dividends declared | 5,215 | 1,513,804 | (2,038,984) | – | – | – | – | – | – | (519,965) | – | (519,965) |
| Dividends declared to non-controlling interest | – | – | – | – | – | – | – | – | – | – | (1,010,716) | (1,010,716) |
| Decrease in repurchase of shares of subsidiary de subsidiaria |
– | – | (121,273) | – | – | – | – | – | – | (121,273) | (302,790) | (424,063) |
| Acquisition of non-controlling interest of 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 |
| Repurchase of own shares | (70) | – | 19,710) | – | – | – | – | – | – | (19,780) | – | (19,780) |
| Cash dividends declared | – | – | (2,099,025) | – | – | – | – | – | – | (2,099,025) | – | (2,099,025) |
| Dividends declared to non-controlling interest | – | – | – | – | – | – | – | – | – | – | (691,879) | (691,879) |
| Decrease of non-controlling interest of subsidiaries | – | – | (75,742) | – | – | – | – | – | – | (75,742) | (225,225) | (300,967) |
| Acquisition of non-controlling interest of subsidiaries | – | – | (67,175) | – | – | – | – | – | – | (67,175) | (38,101) | (105,276) |
| Balances before comprehensive income | 2,534,812 | 2,392,896 | 63,815,297 | 877,388 | (183,902) | (474,875) | -- | – | 1,447,021 | 70,408,637 | 7,306,093 | 77,714,730 |
| Consolidated comprehensive income of the year | – | – | 9,008,302 | (242,966) | 155,550) | 131,517 | 5,677,437 | (48,699) | (416,863) | 14,264,278 | 1,198,625 | 15,462,903 |
| Consolidated balances as of December 31, 2018 | $2,534,812 |
$2,392,896 |
$72,823,599 |
$634,422 |
$(28,352) |
$(343,358) |
$5,677,437 |
$(48,699) |
$1,030,158 |
$84,672,915 |
$8,504,718 | $93,177,633 |
See accompanying notes to consolidated financial statements.