Exhibit 7.2
Coca-Cola FEMSA, S.A.B. de C.V. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
Amounts in Millions of Mexican Pesos, Except Ratios
| 2017 | 2016 | 2015 | ||||||||||
| Earnings available for fixed charges: |
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| Income before income taxes and share of the profit of associates and joint ventures accounted |
(7,162 | )(1) | Ps. | 14,308 | Ps. | 14,725 | ||||||
| Share of the profit of associates and joint ventures accounted for using the equity method, net of taxes |
60 | 147 | 155 | |||||||||
| Plus: |
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| Interest Expenses |
9,214 | 7,721 | 6,630 | |||||||||
| Amortization of capitalized interest |
— | 16 | 10 | |||||||||
| Less: |
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| Capitalized interest |
— | 23 | 60 | |||||||||
| Non-controlling interest |
1,148 | 457 | 94 | |||||||||
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| 964 | 21,712 | 21,366 | ||||||||||
| Fixed Charges: |
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| Interest expense, net |
8,809 | 7,473 | 6,337 | |||||||||
| Capitalized interest |
— | 23 | 60 | |||||||||
| Interest portion of rental expenses |
405 | 225 | 233 | |||||||||
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| Total Fixed Charges |
9,214 | 7,721 | 6,630 | |||||||||
| Ratio of earnings to fixed charges |
0.10 | 2.81 | 3.22 | |||||||||
| (1) | Reflects an extraordinary loss incurred as a result of the deconsolidation of our Venezuelan operations in the amount of Ps.28,177 million, and an extraordinary net gain as a result of the consolidation of KOF Philippines in the amount of Ps.2,830 million. |