At December 31, 2011 and 2010. Amounts expressed in millions of U.S. dollars ($) and in millions of Mexican pesos (Ps.). Note
2011
   2010
 
ASSETS
Current Assets:		              
Cash and cash equivalents 4 B $ 1,887
Ps.
 26,329
Ps.
 27,097
Investments 4 B   95   1,329   66
Accounts receivable 6   753   10,499   7,702
Inventories 7   1,031   14,385   11,314
Recoverable taxes     309   4,311   4,243
Other current assets 8   152   2,114   1,038
Total current assets     4,227   58,967   51,460
Investments in shares 9   5,661   78,972   68,793
Property, plant and equipment 10   3,828   53,402   41,910
Intangible assets 11   5,133   71,608   52,340
Deferred tax asset 23 C   33   461   346
Other assets 12   809   11,294   8,729
TOTAL ASSETS     19,691   274,704   223,578
 
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:		              
Bank loans and notes payable 17   46   638   1,578
Current portion of long-term debt 17   354   4,935   1,725
Interest payable     15   216   165
Suppliers     1,539   21,475   17,458
Accounts payable     413   5,761   5,375
Taxes payable     230   3,208   2,180
Other current liabilities 24 A   172   2,397   2,035
Total current liabilities     2,769   38,630   30,516
Long-Term Liabilities:              
Bank loans and notes payable 17   1,723   24,031   22,203
Employee benefits 15 B   162   2,258   1,883
Deferred tax liability 23 C   997   13,911   10,567
Contingencies and other liabilities 24 B   341   4,760   5,396
Total long-term liabilities     3,223   44,960   40,049
Total liabilities     5,992   83,590   70,565
Stockholders' Equity:              
Non-controlling interest in consolidated subsidiaries 20   4,124   57,534   35,665
Controlling interest:              
Capital stock     383   5,348   5,348
Additional paid-in capital     1,470   20,513   20,558
Retained earnings from prior years     6,219   86,756   51,045
Net income     1,085   15,133   40,251
Cumulative other comprehensive income 4 V   418   5,830   146
Controlling interest     9,575   133,580   117,348
Total stockholders' equity     13,699   191,114   153,013
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY   $ 19,691
Ps.
 274,704
Ps.
 223,578


The accompanying notes are an integral part of these consolidated balance sheets.
Monterrey, N.L., México.



© FEMSA 2012