Provide the horizontal analysis

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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
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
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