Provide the horizontal analysis
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Provide the horizontal analysis
![CONSOLIDATED STATEMENTS
OF FINANCIAL POSITION
COCA-COLA FEMSA, S.A.B. DE C.V. AND SUBSIDIARIES
At December 31, 2020 and 2019
In millions of U.S. dollars ($) and in millions of Mexican pesos (Ps.)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
Trade receivables, net
Inventories
Recoverable taxes
Other current financial assets
Other current assets
Total current assets
Non-current assets:
Investments in other entities
Right-of-use assets
Property, plant and equipment, net
intangible assets, net
Deferred tax assets
Other non-current financial assets
Other non-current assets
Total non-current assets
TOTAL ASSETS
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Bank loans and notes payable
Current portion of non-current debt.
Current portion of lease liabilities
Interest payable
Suppliers
Accrued liabilities
Taxes payable
Other current financial liabilities
Total current liabilities
NON-CURRENT LIABILITIES
Bank loans and notes payable
Post-employment and other non-current employee benefits
Non-current portion of lease liabilities
Deferred tax liabilities
Other non-current financial liabilities
Provisions and other non-current liabilities
Total non-current liabilities
TOTAL LIABILITIES
EQUITY
Common stock
Additional paid-in capital
Retained earnings
Other equity instruments
Accumulated other comprehensive income
Equity attributable to equity holders of the parent
Non-controlling interest in consolidated subsidiaries
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY
NOTE
6
7
8
25
9
9
10
11
12
13
25
14
14
NOTE
19
19
11
26
19
17
11
25
26
26
23
22
$
$
$
DECEMBER
2020 (1)
2,187
579
489
275
24
88
3,642
383
64
2,989
5,227
560
136
224
9,583
13,225
DECEMBER
2020 (¹)
83
170
28
36
864
503
372
98
2,154
4,145
193
38
124
47
368
4,915
7,069
104
2,290
3,815
(87)
(247)
5,875
281
6,156
13,225
Ps.
Ps.
Ps.
Ps.
DECEMBER
2020
43,497
11,523
9,727
5.471
478
1,744
72,440
7,623
1,278
59,460
103,971
11,143
2,699
4,452
190,626
263,066
DECEMBER
2020
1,645
3,372
560
712
17,195
10,013
7,400
1,948
42,845
82,461
3,838
746
2,474
934
7,311
97,764
140,609
2,060
45,560
75,917
(1,740)
(4,923)
116,874
5,583
122,457
263,066
Ps
Ps
Ps
Ps.
DECEMBER
2019 (2)
20,491
15,476
10.538
7.567
1.076
1,648
56.796
9.751
1,382
61,187
112,050
10.432
204
6.037
201,043
257 830
DECEMBER
2019 (2)
882
10,603
483
439
19,832
10,331
7,156
1.284
51,010
58.492
3,293
900
3.771
1,897
8,791
77,144
128,154
2,060
45,560
75,820
(1,740)
1,234
122,934
6,751
129,685
257,839](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F814d91f8-58df-45b6-b023-4e168dede4bd%2F2d33667d-ad1f-488a-9016-31fbda5e4f52%2Fnnu2j1k_processed.jpeg&w=3840&q=75)
Transcribed Image Text:CONSOLIDATED STATEMENTS
OF FINANCIAL POSITION
COCA-COLA FEMSA, S.A.B. DE C.V. AND SUBSIDIARIES
At December 31, 2020 and 2019
In millions of U.S. dollars ($) and in millions of Mexican pesos (Ps.)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
Trade receivables, net
Inventories
Recoverable taxes
Other current financial assets
Other current assets
Total current assets
Non-current assets:
Investments in other entities
Right-of-use assets
Property, plant and equipment, net
intangible assets, net
Deferred tax assets
Other non-current financial assets
Other non-current assets
Total non-current assets
TOTAL ASSETS
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Bank loans and notes payable
Current portion of non-current debt.
Current portion of lease liabilities
Interest payable
Suppliers
Accrued liabilities
Taxes payable
Other current financial liabilities
Total current liabilities
NON-CURRENT LIABILITIES
Bank loans and notes payable
Post-employment and other non-current employee benefits
Non-current portion of lease liabilities
Deferred tax liabilities
Other non-current financial liabilities
Provisions and other non-current liabilities
Total non-current liabilities
TOTAL LIABILITIES
EQUITY
Common stock
Additional paid-in capital
Retained earnings
Other equity instruments
Accumulated other comprehensive income
Equity attributable to equity holders of the parent
Non-controlling interest in consolidated subsidiaries
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY
NOTE
6
7
8
25
9
9
10
11
12
13
25
14
14
NOTE
19
19
11
26
19
17
11
25
26
26
23
22
$
$
$
DECEMBER
2020 (1)
2,187
579
489
275
24
88
3,642
383
64
2,989
5,227
560
136
224
9,583
13,225
DECEMBER
2020 (¹)
83
170
28
36
864
503
372
98
2,154
4,145
193
38
124
47
368
4,915
7,069
104
2,290
3,815
(87)
(247)
5,875
281
6,156
13,225
Ps.
Ps.
Ps.
Ps.
DECEMBER
2020
43,497
11,523
9,727
5.471
478
1,744
72,440
7,623
1,278
59,460
103,971
11,143
2,699
4,452
190,626
263,066
DECEMBER
2020
1,645
3,372
560
712
17,195
10,013
7,400
1,948
42,845
82,461
3,838
746
2,474
934
7,311
97,764
140,609
2,060
45,560
75,917
(1,740)
(4,923)
116,874
5,583
122,457
263,066
Ps
Ps
Ps
Ps.
DECEMBER
2019 (2)
20,491
15,476
10.538
7.567
1.076
1,648
56.796
9.751
1,382
61,187
112,050
10.432
204
6.037
201,043
257 830
DECEMBER
2019 (2)
882
10,603
483
439
19,832
10,331
7,156
1.284
51,010
58.492
3,293
900
3.771
1,897
8,791
77,144
128,154
2,060
45,560
75,820
(1,740)
1,234
122,934
6,751
129,685
257,839
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education