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Consolidated Statements of Cash Flows
$ in Thousands, $ in Millions
 12 Months Ended
Dec. 31, 2019
MXN ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
MXN ($)
Dec. 31, 2017
MXN ($)
Operating activities        
Profit before income tax $ 121,346,988 $ 6,439 $ 100,993,902 $ 57,096,844
Items not requiring the use of cash:        
Depreciation property, plant and equipment and right of use assets 138,386,952 7,344 129,115,727 135,206,080
Amortization of intangible and other assets 20,528,258 1,089 26,596,853 24,968,862
Equity interest in net income of associated companies 17,609 1 (267) (91,385)
Loss on sale of property, plant and equipment 119,272 6 664,777 145,225
Net period cost of labor obligations 16,609,565 881 13,989,100 13,636,182
Foreign currency exchange loss, net (7,250,635) (387) 6,148,612 11,699,985
Interest income (6,284,672) (333) (10,646,169) (2,925,648)
Interest expense 37,911,339 2,012 31,771,433 30,300,781
Employee profit sharing 1,618,695 86 1,500,342 1,751,312
Loss (gain) in valuation of derivative financial instruments, capitalized interest expense and other, net (9,202,167) (488) (7,518,445) (19,010,851)
Gain on net monetary positions (4,267,194) (226) (4,429,145)  
Working capital changes:        
Subscribers, distributors, recoverable taxes, contract assets and other, net 6,800,942 361 (15,420,291) 1,799,095
Prepaid expenses 9,079,931 482 3,264,685 4,588,584
Related parties 476,671 25 38,426 (558,651)
Inventories (2,095,622) (111) (3,232,136) (2,991,009)
Other assets (6,597,262) (350) (6,081,740) (4,763,394)
Employee benefits (20,224,276) (1,073) (14,235,549) (14,692,218)
Accounts payable and accrued liabilities (16,811,135) (892) 23,997,632 5,190,137
Employee profit sharing paid (2,187,316) (116) (1,013,799) (1,471,946)
Financial instruments and other (1,774,932) (94) 5,286,290 1,515,668
Deferred revenues (636,221) (34) 38,243 (452,913)
Interest received 1,008,076 53 1,215,800 819,940
Income taxes paid (42,294,398) (2,244) (33,713,753) (23,988,305)
Net cash flows provided by operating activities 234,278,468 12,431 248,330,528 217,772,375
Investing activities        
Purchase of property, plant and equipment (132,884,335) (7,051) (143,888,033) (119,185,137)
Acquisition of intangibles (18,962,856) (1,006) (7,933,647) (17,538,541)
Dividends received 1,773,336 94 2,622,237 2,385,559
Proceeds from sale of plant, property and equipment 344,924 18 178,532 133,349
Acquisition of businesses, net of cash acquired (13,330,651) (707) (310,604) (6,878,793)
Partial sale of shares of associated company 36,478 2 548,484 340,040
Investments in associate companies (56,985) (3)    
Net cash flows used in investing activities (163,080,089) (8,653) (148,783,031) (140,743,523)
Financing activities        
Loans obtained 118,082,256 6,266 155,263,221 143,607,726
Repayment of loans (109,808,816) (5,827) (189,314,144) (171,041,215)
Payment of liability related to right-of-use of assets (26,765,075) (1,420)    
Interest paid (28,046,695) (1,488) (30,869,017) (31,196,441)
Repurchase of shares (435,713) (23) (511,421) (1,233,371)
Dividends paid (24,248,145) (1,287) (22,369,793) (16,091,390)
Derivative financial instruments 0 0   (71,474)
Redemption of hybrid bond 0 0 (13,440,120)  
Acquisition of non-controlling interests (83,055) (4) (115,821) (11,930)
Net cash flows used in financing activities (71,305,243) (3,783) (101,357,095) (76,038,095)
Net increase (decrease) in cash and cash equivalents (106,864) (5) (1,809,598) 990,757
Adjustment to cash flows due to exchange rate fluctuations, net (1,807,442) (96) (800,913) 61,333
Cash and cash equivalents at beginning of the year 21,659,962 1,149 24,270,473 23,218,383
Cash and cash equivalents at end of the year 19,745,656 1,048 21,659,962 24,270,473
Non-cash transactions related to:        
Acquisitions of property, plant and equipment in accounts payable at end year 19,673,706 1,044 19,099,066 18,869,210
Redemption of exchangeable bond 0 0 16,446,262  
Non-cash transactions $ 19,673,706 $ 1,044 $ 35,545,328 $ 18,869,210