MEXICAN ECONOMIC DEVELOPMENT INC | CIK:0001061736 | 3

  • Filed: 4/24/2018
  • Entity registrant name: MEXICAN ECONOMIC DEVELOPMENT INC (CIK: 0001061736)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1061736/000119312518129003/0001193125-18-129003-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1061736/000119312518129003/fmx-20171231.xml
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  • ifrs-full:DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory

    Balances of the liabilities for employee benefits

     

         December 31,
    2017
         December 31,
    2016
     

    Pension and Retirement Plans:

         

    Defined benefit obligation

       Ps.  7,370      Ps.  5,702  

    Pension plan funds at fair value

         (3,131      (2,216
      

     

     

        

     

     

     

    Net defined benefit liability

       Ps. 4,239      Ps. 3,486  
      

     

     

        

     

     

     

    Seniority Premiums:

         

    Defined benefit obligation

       Ps.  783      Ps.  663  

    Seniority premium plan funds at fair value

         (109      (102
      

     

     

        

     

     

     

    Net defined benefit liability

       Ps. 674      Ps. 561  
      

     

     

        

     

     

     

    Postretirement Medical Services:

         

    Defined benefit obligation

       Ps.  524      Ps. 460  

    Medical services funds at fair value

         (64      (60
      

     

     

        

     

     

     

    Net defined benefit liability

       Ps. 460      Ps. 400  
      

     

     

        

     

     

     

    Total employee benefits

       Ps.  5,373      Ps.  4,447