Accounts Receivable Acquisition Panamerican Beverages Inc
Acquisitions Actions Against Directors
Activities Activities Significant Events
Additional Transfer Restrictions Applicable Series Shares Administración Sapi
Adverse Economic Conditions Mexico Adversely Affect Financial Condition Agua Los Angeles
Appendix Appraisal Rights
Argentina Argentine Operations
Associated Companies Assumptions
Atification Efinitions Audit Committee Financial Expert
Audit Committee Pre-approval Policies Procedures Audit Function Principles
Audit Non-audit Fees Authority Board Directors
Authorization Connection Syrups Post-mix Beverages Authorization Fanta Orange -10
Authorization Issuance Financial Statements Authorization Regarding Pre-mix Beverages
Authorization Respect Syrups Post-mix Beverages Authorization Sprite Orange -10
Authorized Containers Authorized Packages
Balance Sheet Balances Liabilities
Balances Transactions Foreign Currencies Balances Transactions Related Parties Affiliated Companies
Balances Transactions Related Parties Associated Companies Bank Loans Notes Payable
Basis Presentation Beverages
Board Practices Bonus Program
Book Values Derivative Financial Instruments Bottlers Agreement
Bottlers Beverage Products Brazil
Brazilian Operating Results Brazilian Operations
Bulletin B-7 Adquisiciones Negocios Business Acquisitions Bulletin C-10 Instrumentos Financieros Derivados Operaciones Cobertura Derivative
Bulletin C-2 Documento Adecuaciones Boletín Amendments Bulletin D-3 Obligaciones Laborales Labor Obligations
Business Depends Relationship Coca-cola Changes Adversely Affect Results Business Flat Tax Ietu
Business Strategy Bylaws
Calculation Valuation Agent Designation Policies Capital Expenditures
Capital Expenditures Segment Capital Expenditures Territory
Capitalization Integral Result Financing Cash Equivalents
Central America Central American Operating Results Guatemala Nicaragua Costa Rica
Central American Operations Certification
Certification Pursuant 906 Sarbanes-oxley Act 2002 Subsections Certification Pursuant 906 Sarbanes-oxley Act 2002 Subsections 1350
Change Capital Change Capital Withdrawal Rights
Changes Balance Obligations Changes Balance Trust Assets
Changes Consumer Preference Reduce Demand Some Products Changes Mexican Gaap
Cican Classification Differences
Coca-cola Coca-cola Bottler Agreements
Coca-cola Femsa Coca-cola Femsa Announcement
Coca-cola Femsa Distributing Jugos Del Valle Portfolio Coca-cola Femsa Sab
Coca-cola Femsa Started Distribute Brisa Portfolio Colombia Coca-cola Femsa Started Distribute Jugos Del Valle Colombia
Coca-cola Femsa Substantial Influence Conduct Business Result Taking Coca-cola Femsa Trading Volume
Coca-cola Memorandum Code Ethics
Collateralized Contingencies Colombia
Colombia Minority Acquisition Colombian Operating Results Revenues
Colombian Operations Commitments
Commodity Future Contracts Commodity Price Contracts
Commodity Price Risk Compensation Directors Officers
Competition Competition Adversely Affect Financial Performance
Comprehensive Financing Result Conditions Purchase Sale
Conference Call Information Conflict Interest
Consolidated 2008 Results Consolidated Balance Sheet
Consolidated Capital Expenditures Consolidated Cash Flow
Consolidated Results Consolidated Results Operations
Contingencies Contingencies Commitments
Contingencies Recorded Balance Sheet Contingencies Recorded Consolidated Balance Sheet
Contractual Obligations Control Auditing Activities
Controls Procedures Corporate Governance
Corporate History Cost
Cost Period Counterparties Coca-cola Femsa Enter Derivative Operations
Critical Accounting Estimates Cross Currency Swaps
Cumulative Other Comprehensive Loss Currency Translations Estimates
Debt Maturity Profile Debt Structure
Deferred Income Tax Deferred Income Tax Employee Profit Sharing
Deferred Income Taxes Employee Profit Sharing Uncertain Tax Deferred Promotional Expenses
Depreciation Mexican Peso Relative Dollar Adversely Affect Financial Derivative Financial Instruments
Derivative Instruments Description Property Plant Equipment
Developments Other Countries Adversely Affect Market Securities Developments Other Latin American Countries Operate Adversely Affect
Differences Between Mexican Frs Gaap Differences Between Mexican Gaap
Directors Dividend Policy
Dividend Rights Dividends Dividend Policy
Documents Display Duration
Duration Termination Agreement Earnings Per Share
Economic Political Conditions Other Latin American Countries Operate Embedded Derivative Financial Instruments
Embedded Derivative Instruments Employee Profit Sharing
Employees Equity Forward
Equity Risk Eva-based Stock Incentive Plan
Evaluation Compensation Duties Evaluation Compensation Function Principle
Exchange Controls Exchange Rate Information
Exchanges Nonmonetary Assets Amendment Accounting Principal Board Opinion Excludes Water Presentations Equal Larger Bulk Still Bottled
Excludes Water Presentations Larger Bulk Still Bottled 190 Expressed Mexican Pesos
Expressed Mexican Pesos 2004 Expressed Mexican Pesos 2005
Expressed Mexican Pesos 2006 Expressed Mexican Pesos 2007
Expressed Mexican Pesos Figures 2007 Expresed Purchasing Power Expressed Mexican Pesos Figures 2007 Purchasing Power
Expressed Percentage Total Volume Expressed Unit Cases
Extraordinary Shareholders Meeting Fair Value Financial Instruments
Fair Value Financial Instruments Long-term Debt Fair Value Measurements
Fanta Sprite Fasb 151 Inventory Costs
Femsa Femsa Subsidiaries
Filed Securities Exchange 2007 Filed Securities Exchange 2008
Finance Planning Duties Finance Planning Function Principle
Financial Information Financial Information Full 2004 Not Comparable 2003 However
Financial Instruments Used Following Financial Statements
Foreign Currency Exchange Rate Risk Foreign Subsidiary Incorporation
Forfeiture Shares Form 6-k
Forward Agreements Purchase Foreign Currency Forward Exchange Rate
Forward-looking Information Full 2004 Summary
Functions Board Directors Principle Future Impact Recently Issued Accounting Standards Not Yet
Gaap Gaap Reconciliation
General General Provisions
Generic Description Valuation Techniques Hedging Activities
Holders Adss Not Able Vote Shareholder Meetings Holders Series Shares Limited Voting Rights
Holders Series Shares United States Adss Not Able Horizontal Growth Coca-cola Femsa
Immediate Release Impairment Long-lived Assets
Income Statement Income Tax
Income Tax Assets Employee Profit Sharing Income Taxes
Increases Prices Raw Materials Increase Cost Goods Sold Increases Prices Raw Materials Increase Cost Sales Adversely
Information Segment Instructions Application
Instruments Used Follows Insurance Policies
Intangible Assets Intangible Assets Net
Integral Result Financing Interest Rate Risk
Interest Rate Swaps Introduction
Inventories Inventories Cost Sales
Inventories Net Investment Shares
Investment Shares Available Sale Investments Shares
Investors Experience Difficulties Enforcing Civil Liabilities Against Directors Iscellaneous
Issuances Subsidiary Stock Issuers Securities Registered National Registry Registro Nacional Valores
Labor Liabilities Labor Obligations
Latincentro Colombia Central America Latincentro Division Operating Results Colombia Venezuela Guatemala Nicaragua
Ldquoaccounting Assets Acquired Liabilities Assumed Business Combination Arise Ldquoamendments Sfas Interpretation Fin 46rrdquo 167
Leases Legal Proceeding
Legal Proceedings Limitations Share Ownership
Limited Liability Liquidation
Liquidity Capital Resources Long-term Debt
Long-term Vision Relationship Economics Macroeconomic Information
Main Contract Terms Conditions Major Shareholders
Management Discussion Policies Derivative Financial Instruments Managements Description Internal External Sources Liquidity
Marketing Markets
Material Agreements Maturities
Mercosur Mercosur Division
Mercosur Division Operating Results Brazil Argentina Mexican Financial Reporting Standards
Mexican Frs Mexican Gaap
Mexican Operations Mexican Taxation
Mexico Mexico Division Operating Results
Minority Interest Minority Interest Buy Out
Minority Interest Consolidated Subsidiaries Mulative Other Comprehensive Income Loss
Net Cost Period Net Majority Earnings Per Share
Net Majority Income Per Share New Accounting Pronouncements
New Cooperation Framework Coca-cola Nif B-10 Effects Inflation
Nif B-15 Translation Foreign Currencies Nif B-2 Statement Cash Flow
Nif D-3 Employee Benefits Not Able Improve Performance Territories Acquired Panamco Acquisition
Now Therefore Parties Hereto Agree Follows Authorization Number 1-12260
Obligations Obligations Bottler Relative Marketing Beverages Financial Capacity Planning
Obligations Bottler Relative Preparation Packaging Beverages Obligations Bottler Relative Trade Marks
Offer Listing Operating Expenses
Operating Income Operating Results Territory
Operations Segment Operations Segment-overview 2004
Operations Segment-overview 2005 Operations Segment-overview 2006
Operations Segment-overview 2007 Ordinary Shareholders Meeting
Organization Register Other Assets
Other Associated Affiliated Companies Other Been Checked Response Previous Question Indicate Check
Other Current Assets Other Expenses Net
Other Mexican Taxes Other Provisions
Other Related Party Transactions Overview
Package Mix Presentation Expressed Percentage Total Volume Page
Payments Coca-cola Pension Plan
Political Events Mexico Adversely Affect Operations Preemptive Rights
Prepaid Expenses Presentation Panamco
Principal Accountant Fees Services Product Distribution
Product Distribution Summary 2004 Product Distribution Summary 2005
Product Distribution Summary 2006 Product Distribution Summary 2008
Production Facility Location 2004 Production Facility Location 2005
Production Facility Location 2006 Production Facility Location 2008
Production Facility Summary 2004 Production Facility Summary 2005
Production Facility Summary 2006 Production Facility Summary 2008
Property Plant Equipment Propimex
Protections Afforded Minority Shareholders Mexico Different Those United Provision
Provisions Provisions Contingent Assets Liabilities Commitments
Purchases Equity Securities Purchases Equity Securities Issuer Affiliated Purchasers
Purposes Purposes Application
Purposes Full-year Volume Comparison Included Sales Figures Recorded Qualitative Information
Questionnaire General Meeting Shareholders Rights Raw Materials
Recent Developements Recent Developments
Recognition Effects Inflation Recognition Effects Inflation Countries Inflationary Economic Environment
Recommendations Application Reconciliation Comprehensive Income
Reconciliation Mexican Statutory Income Tax Rate Consolidated Effective Reconciliation Net Income
Reconciliation Stockholders Equity Redemption
References Registered Trademarks
Regulation Regulatory Developments Adversely Affect Business
Relevant Events Remil
Report Independent Registered Public Accounting Firm Board Directors Repurchase Shares
Restatement Imported Equipment Restatement Prior Financial Statements
Results Operations Results Operations 2003 Compared 2002
Results Operations 2004 Compared 2003 Results Operations Segment
Returnable Bottles Cases Returnable Glass Bottles
Revenue Recognition Revenues
Risk Management Derivative Financial Instruments Sales Overview
Scenario Analysis Seasonality
Securities Registered Pursuant Act Senior Notes Due 2009
Settled Lawsuits Share Ownership
Share-based Payments Sfas 123 Shareholders Agreement
Shareholders Meeting Shareholders Meetings
Signature Signatures
Significant Accounting Policies Significant Changes
Significant Subsidiaries Significant Transactions Affiliates Particularly Coca-cola Femsa Create Potential
Significantly Increased Leverage Result Panamco Acquisition Adversely Affect Sources
Ssumption Statement Cash Flows
Statutory Examiners Stock Incentive Plan
Stockholders Equity Strategic Restructuring Programs
Subsequent Events Summary
Summary Full Results Summary Full-year Results
Summary Nine-month Results Summary Nine-months Results
Summary Significant Debt Instruments Summary Six-month Results
Supplemental Indenture Shall Meaning Set Forth Recitals Sustainable Growth Carbonated Soft Drinks Non-carbonated Beverages
Table Contents Tax Assets
Tax Considerations Relating Notes Tax Considerations Relating Series Shares Adss
Tax Loss Carryforwards Recoverable Asset Tax Loss Carryforwards Recoverable Assets
Tax System Taxation
Taxes Soft Drinks Adversely Affect Business Taxes Sparkling Beverages Adversely Affect Business
Territories Territory
Total Revenues Currency 2004 Total Revenues Currency 2006
Trademarks Trading Markets
Trading Mexican Stock Exchange Translated Agenda Ordinary Extraordinary Shareholders´ Meeting Held 2005
Trust Assets Unhedged Cross Currency Swaps
Unhedged Forward Contracts United States Backup Withholding Information Reporting
Unsettled Lawsuits Venezuela
Venezuela Operating Disruptions Venezuelan Operations
Volume Expressed Unit Case Volume Expressed Unit Cases
Voting Rights Transfer Restrictions Certain Minority Water Shortage Failure Maintain Existing Concessions Adversely Affect
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