| Address:
|
GENERAL ANAYA NO 601 PTE
COLONIA BELLA VISTA |
| City: |
MONTERREY, N.L. |
|
State: |
|
|
Zip Code: |
64410 |
| Telephone: |
528183286167 |
|
Description of Business
|
Primary SIC Code:
2086 |
| (As filed with the SEC)
|
|
|
We are a Mexican company headquartered in Monterrey, Mexico, and our origin
dates back to 1890. Our company was incorporated on May 30, 1936 and has a
duration of 99 years. The duration can be extended indefinitely by resolution of
our shareholders. Our legal name is Fomento Económico Mexicano, S.A.B. de C.V.,
and in commercial contexts we frequently refer to ourselves as FEMSA. Our
principal executive offices are located at General Anaya No. 601 Pte., Colonia
Bella Vista, Monterrey, Nuevo León 64410, Mexico. Our telephone number at this
location is (52-81) 8328-6000. Our website is www.femsa.com. We are organized as
a sociedad anónima bursátil de capital variable under the laws of Mexico.
We conduct our operations through the following principal holding companies,
each of which we refer to as a principal sub-holding company:
. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2010 | 0.50 | 0.316 | 111.84 | | 12/2005 | 0.10 | NA | 241.70 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 1.75 | Total Liab/Total Assets | 0.48 | | Net Inc/Total Assets | 0.20 | Total Liab/Inv Cap | 0.56 | | Net Inc/Inv Cap | 0.24 | Total Liab/Comm Equity | 4.10 | | Pretax Inc/Net Sales | 0.14 | Interest Coverage Ratio | 8.23 | | Net Inc/Net Sales | 0.27 | Curr Debt/Equity | 0.03 | | Cash Flow/Net Sales | 0.11 | LTD/Equity | 0.19 | | SG&A/NetSales | 0.29 | Total Debt/Equity | 0.22 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 15.61 | Quick Ratio | 1.31 | | Inventory Turnover | 9.45 | Current Ratio | 1.69 | | Inventory Day Sales | 0.02 | Net Rec/Curr Assets | 0.23 | | Net Sales/Work Cap | 8.10 | Inv/Curr Assets | 0.22 | | Net Sales/PP&E | 4.26 | | |
Income Statement (Millions) |
| |
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Total Revenues(Net Sales)
|
13,759.00
|
12,275.00
|
6,717.95
|
7,660.97
|
|
Cost of Goods Sold
|
8,005.00
|
7,071.00
|
3,915.61
|
4,483.62
|
|
Selling & Admin Exps
|
3,927.00
|
3,585.00
|
2,224.66
|
2,468.80
|
|
Operating Income
|
1,827.00
|
1,618.00
|
577.68
|
708.55
|
|
Interest Exp
|
265.00
|
307.00
|
187.72
|
222.12
|
|
Pretax Income
|
1,916.00
|
1,284.00
|
403.15
|
600.84
|
|
Other Income
|
67.00
|
-39.00
|
13.19
|
114.42
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
3,672.00
|
1,155.00
|
502.25
|
786.39
|
|
Assets
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Cash & Short Term Investments
|
2,202.00
|
1,273.00
|
213.96
|
267.80
|
|
Receivables - Total
|
968.00
|
795.00
|
600.03
|
629.79
|
|
Inventories - Total
|
928.00
|
766.00
|
625.32
|
594.13
|
|
Total Current Assets
|
4,172.00
|
3,961.00
|
1,625.79
|
1,562.94
|
|
Net Property, Plant & Equipment
|
3,231.00
|
2,939.00
|
2,590.42
|
3,407.38
|
|
Total Assets
|
18,127.00
|
17,304.00
|
10,035.80
|
11,466.82
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
2,041.00
|
2,049.00
|
608.61
|
524.38
|
|
Debt in Current Liabilities
|
268.00
|
654.00
|
421.99
|
418.70
|
|
Total Current Liabilities
|
2,474.00
|
3,684.00
|
1,733.84
|
1,707.41
|
|
Long-Term Debt
|
1,800.00
|
1,628.00
|
1,433.53
|
1,522.69
|
|
Total Liabilities
|
8,613.00
|
11,051.00
|
3,765.93
|
3,875.33
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
2,892.00
|
2,619.00
|
37.02
|
64.15
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
434.00
|
410.00
|
392.01
|
491.48
|
|
Retained Earnings
|
4,139.00
|
3,358.00
|
3,345.19
|
4,284.29
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
9,514.00
|
6,253.00
|
6,269.86
|
7,591.49
|
|
Total Liabilities and Stockholders' Equity
|
18,127.00
|
17,304.00
|
10,035.80
|
11,466.82
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Net Cash Provided by Operating Activities
|
1,535.00
|
2,369.00
|
467.29
|
756.06
|
|
Net Cash Provided by Investing Activities
|
501.00
|
-1,131.00
|
-680.44
|
-683.74
|
|
Net Cash Provided by Financing Activities
|
-933.00
|
-674.00
|
206.27
|
-132.06
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 6,770.60 | 623.62 | -- | | 12/2007 | 7,660.97 | 786.39 | -- | | 12/2008 | 6,717.94 | 502.25 | -- | | 12/2009 | 12,275.00 | 1,155.00 | -- | | 12/2010 | 13,759.00 | 3,672.00 | 0.50 | | Growth Rates | 19.40 | 55.77 | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 229 | 90,759 | 42.00 |
|
Report Date :
1/30/2012
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