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Cash and Cash Equivalents
12 Months Ended
Dec. 31, 2018
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Cash and Cash Equivalents

Note 5. Cash and Cash Equivalents

Includes cash on hand and in bank deposits and cash equivalents, which are short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value, with a maturity date of three months or less at their acquisition date. Cash and cash equivalents at the end of the reporting period as shown in the consolidated statements of financial position and cash flows is comprised of the following:

 

     December 31,
2018
     December 31,
2017
 

Cash and bank balances

   Ps.  31,768      Ps.  73,774  

Cash equivalents (see Note 3.5)

     30,279        23,170  
  

 

 

    

 

 

 
   Ps.  62,047      Ps.  96,944  
  

 

 

    

 

 

 

As explained in Note 3.3, the cash and cash equivalents balances of the Company included cash held by deconsolidated entity in Venezuela. As of December 31, 2017, the cash and cash equivalents balances in the Venezuela subsidiaries were Ps. 170.