Other Current Assets and Other Current Financial Assets

12 Months Ended

Dec. 31, 2020

Subclassifications of assets, liabilities and equities [abstract]

Other Current Assets and Other Current Financial Assets

Note 9. Other Current Assets and Other Current Financial Assets

9.1 Other Current Assets:


	2020	2019
Prepaid expenses	Ps. 1,622	Ps. 1,354
Agreements with customers	115	294
Others	7	—
	Ps. 1,744	Ps. 1,648

Prepaid expenses as of December 31, 2020 and 2019 are as follows:


	2020	2019
Advances for inventories	Ps. 1,503	Ps. 1,240
Advertising and promotional expenses paid in advance	92	89
Prepaid insurance	27	25
	Ps. 1,622	Ps. 1,354

Advertising and promotional expenses recorded in the consolidated income statements for the years ended December 31, 2020, 2019 and 2018, for Ps. 5,043 Ps. 6,748 and Ps. 5,813 respectively.

9.2 Other Current Financial Assets:


	2020	2019
Restricted cash	Ps. 74	Ps. 89
Derivative financial instruments (See Note 21)	404	987
	Ps. 478	Ps. 1,076

Restricted cash in Brazil is held in U.S. dollars and relates to short term deposits in order to fulfill the collateral requirements for accounts payable.