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Property, Plant and Equipment, net (Tables)
12 Months Ended
Dec. 31, 2017
Schedule of Property, Plant and Equipment, Net

10. Property, Plant and Equipment, net

a) An analysis of property, plant and equipment, net at December 31, 2015, 2016 and 2017 is as follows:

 

    At
December 31,
2014
    Additions     Retirements     Business
combinations
    Spin-off
effects
(Note 12)
    Effect of
translation of
foreign
subsidiaries
    Depreciation
of
the year
    At
December 31,
2015
 

Cost

               

Network in operation and equipment

  Ps.  642,617,237     Ps. 78,632,899     Ps. (16,061,956   Ps. 4,293,671     Ps. —     Ps. (68,097,149   Ps. —     Ps.  641,384,702  

Land and buildings

    56,463,536       2,559,088       (2,492,288     54,902       —         (1,790,852     —         54,794,386  

Other assets

    105,550,807       27,711,493       (10,169,829     820,329       (12,643,381     (4,800,817     —         106,468,602  

Construction in process and advances plant suppliers (1)

    39,107,185       72,899,705       (68,666,020     160,311       (348,395     (4,302,010     —         38,850,776  

Inventories for operation of the network

    20,848,714       44,423,898       (43,911,307     —         —         (1,018,916     —         20,342,389  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

    864,587,479       226,227,083       (141,301,400     5,329,213       (12,991,776     (80,009,744     —         861,840,855  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Accumulated depreciation

               

Network in operation and equipment

    234,527,131       —         (31,529,529     —         (7,403,656     (51,082,202     92,219,984       236,731,728  

Buildings

    3,728,405       —         (433,368     —         —         (1,334,962     2,607,513       4,567,588  

Other assets

    38,276,028       —         (4,533,893     —         —         (1,995,119     15,310,068       47,057,084  

Inventories for operation of the network

    (50,265     —         (13,405     —         —         1,409       17,838       (44,423
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  Ps.  276,481,299     Ps. —     Ps. (36,510,195   Ps.         —     Ps. (7,403,656   Ps. (54,410,874   Ps. 110,155,403     Ps.  288,311,977  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Cost

  Ps.  588,106,180     Ps.  226,227,083     Ps.  (104,791,205   Ps.  5,329,213     Ps. (5,588,120   Ps.  (25,598,870   Ps.  (110,155,403   Ps.  573,528,878  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

    At
December 31,
2015
    Additions     Retirements     Business
combinations
    Effect of
translation of
foreign
subsidiaries
    Depreciation
of
the year
    At
December 31,
2016
 

Cost

             

Network in operation and equipment

    Ps. 641,384,702     Ps. 101,794,197       Ps.     (8,963,076)     Ps. 1,873,445       Ps. 235,186,745     Ps.             —       Ps. 971,276,013  

Land and buildings

    54,794,386       2,900,511       (2,845,298     3,839       7,281,973       —         62,135,411  

Other assets

    106,468,602       24,368,918       (10,717,096     69,937       24,736,655       —         144,927,016  

Construction in process and
advances plant suppliers (1)

    38,850,776       70,517,319       (70,911,593     11,255       11,252,127       —         49,719,884  

Inventories for operation of the network

    20,342,389       34,010,751       (27,641,919     5,520       1,566,307       —         28,283,048  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

    861,840,855       233,591,696       (121,078,982)       1,963,996       280,023,807       —         1,256,341,372  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Accumulated depreciation

             

Network in operation and equipment

    236,731,728                     —         (1,968,376                 —         153,147,349       107,976,385       495,887,086  

Buildings

    4,567,588       —         (975,284     —         3,709,952       3,179,066       10,481,322  

Other assets

    47,057,084       —         (25,099,710     —         10,396,438       16,105,885       48,459,697  

Inventories for operation of the network

    (44,423     —         (54,280     —         20,896       401,008       323,201  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

    Ps. 288,311,977     Ps.              —       Ps.    (28,097,650   Ps.             —       Ps. 167,274,635     Ps. 127,662,344       Ps. 555,151,306  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Cost

    Ps. 573,528,878     Ps.  233,591,696       Ps.    (92,981,332   Ps. 1,963,996       Ps. 112,749,172     Ps.  (127,662,344     Ps. 701,190,066  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

    At
December 31,
2016
    Additions     Retirements     Business
combinations
    Effect of
translation of
foreign
subsidiaries
    Depreciation
of
the year
    At
December 31,
2017
 

Cost

             

Network in operation and equipment

  Ps.  971,276,013     Ps.    78,272,882     Ps.  (21,657,715   Ps. 599,306     Ps.  (38,824,540   Ps.                —       Ps. 989,665,946  

Land and buildings

    62,135,411       2,858,996       (415,219     27,686       (2,022,685     —         62,584,189  

Other assets

    144,927,016       19,287,525       (8,112,571     80,734       (5,866,897     —         150,315,807  

Construction in process and advances plant suppliers (1)

    49,719,884       66,383,381       (41,279,573     34,705       (737,023     —         74,121,374  

Inventories for operation of the network

    28,283,048       27,013,148       (27,979,816     3,576       (728,358     —         26,591,598  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

    1,256,341,372       193,815,932       (99,444,894     746,007       (48,179,503     —         1,303,278,914  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Accumulated depreciation

             

Network in operation and equipment

    495,887,086       —         (21,214,724)       —         (32,860,339     110,533,486       552,345,509  

Buildings

    10,481,322       —         (1,568,542     —         (940,054     2,682,559       10,655,285  

Other assets

    48,459,697       —         (4,572,509     —         (2,251,958     21,724,299       63,359,529  

Inventories for operation of the network

    323,201       —         (9,205     —         (4,339     265,736       575,393  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  Ps.  555,151,306     Ps.                           Ps.  (27,364,980   Ps.       Ps.  (36,056,690   Ps.   135,206,080     Ps. 626,935,716
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Cost

  Ps.  701,190,066     Ps.  193,815,932     Ps.  (72,079,914   Ps.  746,007     Ps.  (12,122,813   Ps.  (135,206,080 )   Ps. 676,343,198
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1)  Construction in progress includes fixed and mobile network facilities as well as satellite developments and fiber optic which is in the process of being installed.
Schedule of Relevant Information Related to Computation of Capitalized Borrowing Costs

Relevant information related to the computation of the capitalized borrowing costs is as follows:

 


     Years ended December 31,  
     2015      2016      2017  

Amount invested in the acquisition of qualifying assets

     Ps. 52,922,105            Ps. 52,974,400            Ps. 49,642,370       

Capitalized interest

     3,524,841          2,861,307            2,875,034       

Capitalization rate

     6.7%        5.4%        5.8%
Property, plant and equipment under capital leases [member]  
Schedule of Property, Plant and Equipment, Net

b) At December 31, 2016 and 2017, property, plant and equipment include the following assets under capital leases:

 

     2016      2017  

Assets under capital leases

     Ps.  8,210,557        Ps.  8,116,532  

Accumulated depreciation

     (4,839,007      (3,475,014
  

 

 

    

 

 

 
     Ps.  3,371,550        Ps.  4,641,518