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Investments
12 Months Ended
Dec. 31, 2017
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Investments

 

Note 6. Investments

As of December 31, 2017 and 2016 investments are classified as held-to maturity, the carrying value of the investments is similar to their fair value. The following is a detail of held-to maturity investments:

 

Held-to Maturity (1)

Government debt securities

   2017      2016  

Acquisition cost

   Ps.  1,934      Ps.  —    

Accrued interest

     —          —    
  

 

 

    

 

 

 

Amortized cost

     1,934        —    
  

 

 

    

 

 

 

Corporate debt securities

     

Acquisition cost

     222        118  

Accrued interest

     4        2  
  

 

 

    

 

 

 

Amortized cost

     226        120  
  

 

 

    

 

 

 

Total investments

   Ps. 2,160      Ps.  120  
  

 

 

    

 

 

 

 

(1) Denominated in dollars at a fixed interest rate.