Non-controlling interest (NCI)

12 Months Ended

Dec. 31, 2017

20.	Non-controlling interest (NCI)

On April 20, 2015 the Company acquired 100% of the shares of DCA, which owns 74.5% of the shares of MBJA and the remaining 25.5% is Vantage as a non-controlling shareholder.

On March 23, 2017, the Board of Directors of MBJA approved a dividend payment from retained earnings in the amount of USD$26.0 million, which will be distributed as follows: U.S.$19.37 million to DCA (Ps. 382,275 a closing exchange rate of Ps. 19.7354) and U.S.$6.63 million to Vantage (Ps. 130,846 closing exchange rate).

The following table summarizes the information relating to DCA that has material NCI, before any intra-group elimination as of December 31:

	2015			2016			2017
NCI percentage	25.5%			25.5%			25.5%
Non-current assets	Ps.	5,329,086		Ps.	6,117,021		Ps.	5,610,289
Current assets		529,288			1,155,778			1,505,069
Non-current liabilities		(2,073,551	)		(2,590,361	)		(1,840,532	)
Current liabilities		(325,640	)		(480,267	)		(1,162,848	)
Net assets		3,459,183			4,202,171			4,111,978
Net assets attributable to NCI	Ps.	882,092		Ps.	1,071,554		Ps.	1,048,554

	2015		2016		2017
Revenue	Ps.	995,707	Ps.	1,622,033	Ps.	1,852,687
Profit		175,518		281,078		321,416
OCI		482,394		773,453		(225,169	)
Total comprehensive income		875,237		992,944		96,247
Profit allocated to NCI		44,757		71,675		81,961
OCI allocated to NCI	Ps.	66,901	Ps.	117,787	Ps.	(31,635	)

	2015			2016			2017
Net cash provided by operating activities		761,724			729,858			625,619
Net cash provided by investment activities		7,959			13,673			(122,417	)
Net cash used in financing activities		(346,807	)		(156,099	)		(202,264	)
Net increase in cash and cash equivalents	Ps.	422,876		Ps.	587,432		Ps.	300,938