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Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2019

Text block [abstract]

Disclosure of Exchange Rates of Local Currencies Translated to Mexican Pesos


				Exchange Rates of Local Currencies Translated to MexicanPesos⁽¹⁾
		Functional /		Average Exchange Rate as of June 30,								Exchange Rate as of December
Country or Zone		Recording Currency		2019				2018				2019				2018
Guatemala		Quetzal			2.49				2.56				2.49				2.54
Costa Rica		Colon			0.03				0.03				0.03				0.03
Panama		U.S. dollar			19.17				19.24				19.17				19.68
Colombia		Colombian peso			0.01				0.01				0.01				0.01
Nicaragua		Cordoba			0.59				0.62				0.58				0.61
Argentina		Argentine peso			0.46				0.73				0.45				0.52
Brazil		Reais			4.99				5.29				5.00				5.08
Chile		Chilean peso			0.03				0.03				0.03				0.03
Euro Zone		Euro (€)			21.66				22.71				21.86				22.54
Peru		Nuevo Sol			5.77				5.85				5.83				5.83
Ecuador		U.S. dollar			19.17				19.24				19.17				19.68
Philippines		Philippine peso			—				0.37				—				0.37
Uruguay		Uruguayan peso			0.57				0.63				0.54				0.61

(1)	Exchange rates published by the Central Bank of each country where the Company operates.

Disclosure of Recognition of Effects of Inflation in Countries with Hyperinflationary Economic Environments

As of June 30, 2019 and December 31, 2018, the operations of the Company are classified as follows:


Country		Cumulative Inflation 2017-2019				Type of Economy				Cumulative Inflation 2016-2018				Type of Economy
Mexico			15.9	%			Non-hyperinflationary				15.7	%			Non-hyperinflationary
Guatemala			12.9	%			Non-hyperinflationary				12.2	%			Non-hyperinflationary
Costa Rica			6.1	%			Non-hyperinflationary				5.7	%			Non-hyperinflationary
Panama			1.4	%			Non-hyperinflationary				2.1	%			Non-hyperinflationary
Colombia			11.0	%			Non-hyperinflationary				13.4	%			Non-hyperinflationary
Nicaragua			15.0	%			Non-hyperinflationary				13.1	%			Non-hyperinflationary
Argentina			145.0	%			Hyperinflationary				158.4	%			Non-hyperinflationary
Brazil			10.8	%			Non-hyperinflationary				25.0	%			Non-hyperinflationary
Philippines			—				Non-hyperinflationary				11.9	%			Non-hyperinflationary
Euro Zone			4.5	%			Non-hyperinflationary				2.7	%			Non-hyperinflationary
Chile			7.9	%			Non-hyperinflationary				9.7	%			Non-hyperinflationary


Country		Cumulative Inflation 2017-2019				Type of Economy				Cumulative Inflation 2016-2018				Type of Economy
Peru			6.8	%			Non-hyperinflationary				9.3	%			Non-hyperinflationary
Ecuador			0.6	%			Non-hyperinflationary				30.3	%			Non-hyperinflationary
Uruguay			21.9	%			Non-hyperinflationary				25.3	%			Non-hyperinflationary