Consolidated statements of changes in stockholders’ equity
(Notes 1, 2, 3, 20 and 24)
Thousands of pesos; unless dividends paid
| Capital stock |
Retained earnings |
Capital reserves |
Total stockholders’ equity attributable to the controlling shareholders |
Non- controlling interest |
Total stockholders’ equity |
|
|---|---|---|---|---|---|---|
| Balances at January 1, 2016 originally reported |
$ 3,374,282 | $ 66,227,239 | $ 2,100,449 | $ 71,701,970 | $ 5,256 | $ 71,707,226 |
| Adjustments (net of taxes) Note 24 | - | (362,414) | - | (362,414) | - | (362,414) |
| Restated balances at beginning of the year | 3,374,282 | 65,864,825 | 2,100,449 | 71,339,556 | 5,256 | 71,344,812 |
| Comprehensive income: | ||||||
| Net income | - | 10,191,128 | - | 10,191,128 | (1,523) | 10,189,605 |
| Remeasurement of the liability for defined benefits - Net of income tax |
- | (242,500) | - | (242,500) | 12 | (242,488) |
| Translation effect of investment in associates- Net |
- | - | 730,400 | 730,400 | - | 730,400 |
| Cash flow hedges, net of income tax | - | - | 652,371 | 652,371 | - | 652,371 |
| Total comprehensive income | - | 9,948,628 | 1,382,771 | 11,331,399 | (1,511) | 11,329,888 |
| Transaction with owners: | ||||||
| Dividends paid ($0.96 pesos per share) |
- | (1,288,508) | - | (1,288,508) | - | (1,288,508) |
| Total transactions with stockholders | - | (1,288,508) | - | (1,288,508) | - | (1,288,508) |
| Balances at December 31, 2016 originally reported |
3,374,282 | 74,524,945 | 3,483,220 | 81,382,447 | 3,745 | 81,386,192 |
| Adjustments (net of taxes) Note 24 | - | (50,696) | - | (50,696) | - | (50,696) |
| Restated balances at December 31, 2016 |
3,374,282 | 74,474,249 | 3,483,220 | 81,331,751 | 3,745 | 81,335,496 |
| Comprehensive income: | ||||||
| Net income | - | 9,885,690 | - | 9,885,690 | 647 | 9,886,337 |
| Remediation of the liability for defined benefits- Net of income tax |
- | (131,111) | - | (131,111) | 591 | (130,520) |
| Translation effect of investment in associates- Net |
- | - | (503,105) | (503,105) | - | (503,105) |
| Cash Flow hedges, net of income tax | - | - | 539,908 | 539,908 | - | 539,908 |
| Total comprehensive income | - | 9,754,579 | 36,803 | 9,791,382 | 1,238 | 9,792,620 |
| Transaction with owners: | ||||||
| Transaction with non-controlling interest |
- | 23,466 | - | 23,466 | 219,304 | 242,770 |
| Dividends paid ($0.96 pesos per share) |
- | (1,288,508) | - | (1,288,508) | - | (1,288,508) |
| Total transactions with stockholders | - | (1,265,042) | - | (1,265,042) | 219,304 | (1,045,738) |
| Balance at December 31, 2017 | $ 3,374,282 | $ 82,963,786 | $ 3,520,023 | $ 89,858,091 | $ 224,287 | $ 90,082,378 |
The accompanying notes are an integral part of these consolidated financial statements.