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 |
|
|---|---|---|---|---|---|---|
| Transaction with owners: Balance at January 1, 2017 |
$3,374,282 | $74,389,385 | $3,568,084 | $81,331,751 | $3,745 | $81,335,496 |
| Comprehensive income: | ||||||
| Net income | - | 9,885,690 | - | 9,885,690 | 647 | 9,886,337 |
| Remeasurement 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 non-controlling interest |
- | 23,466 | - | 23,466 | 219,304 | 242,770 |
| Dividends paid ($0.96 and $0.58 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 as originally presented |
3,374,282 | 82,878,922 | 3,604,887 | 89,858,091 | 224,287 | 90,082,378 |
| Change in accounting policy | - | (503,366) | - | (503,366) | (40) | (503,406) |
| Restated total equity at January 1, 2018 |
3,374,282 | 82,375,556 | 3,604,887 | 89,354,725 | 224,247 | 89,578,972 |
| Comprehensive income: | ||||||
| Net income | - | 11,704,347 | - | 11,704,347 | 7,726 | 11,712,073 |
| Remeasurement of the liability for defined benefits- Net of income tax |
- | 262,401 | - | 262,401 | (1,520) | 260,881 |
| Translation effect of investment in associates- Net |
- | - | 369,290 | 369,290 | - | 369,290 |
| Cash Flow hedges, net of income tax | - | - | 146,716 | 146,716 | - | 146,716 |
| Total comprehensive income | - | 11,966,748 | 516,006 | 12,482,754 | 6,206 | 12,488,960 |
| Transaction with owners: | ||||||
| Repurchase of shares (Note 20.2) | - | - | (79,134) | (79,134) | - | (79,134) |
| Dividends paid ($0.96 and $0.58 pesos per share) |
- | (1,288,508) | - | (1,288,508) | - | (1,288,508) |
| Total transactions with stockholders | - | (1,288,508) | (79,134) | (1,367,642) | - | (1,367,642) |
| Balance at December 31, 2018 | $3,374,282 | $93,053,796 | $4,041,759 | $100,469,837 | $230,453 | $100,700,290 |
The accompanying notes are an integral part of these consolidated financial statements.