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Other assets, net
12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Other assets, net

9. Other assets, net

An analysis of other assets at December 31, 2017 and 2018 is as follows:

 

     2017      2018  

Current portion:

     

Advances to suppliers (different from PP&E and inventories)

     Ps. 9,536,654        Ps. 12,931,247  

Prepaid insurance

     683,091        949,590  

Costs of mobile equipment and computers associated with deferred revenues

     6,182,010        599,628  

Other

     950,991        815,728  
  

 

 

    

 

 

 
     Ps. 17,352,746        Ps.15,296,193  
  

 

 

    

 

 

 

Non-current portion:

     

Recoverable taxes

     Ps. 12,249,372        Ps. 11,514,455  

Prepayments for the use of fiber optics

     4,361,668        3,985,216  

Prepaid expenses and judicial deposits (1)

     25,926,436        26,961,930  
  

 

 

    

 

 

 

Total

     Ps. 42,537,476        Ps. 42,461,601  
  

 

 

    

 

 

 

For the years ended December 31, 2016, 2017 and 2018, amortization expense for other assets was Ps. 1,340,609, Ps. 620,680 and Ps. 798,243, respectively.

 

(1)

Judicial deposits represent cash and cash equivalents pledged in order to fulfill the collateral requirements for tax contingencies mainly in Brazil. At December 31, 2017 and 2018, the amount for these deposits is Ps. 20,288,382 and Ps. 18,172,342, respectively. Based on its evaluation of the underlying contingencies, the Company believes that such amounts are recoverable.