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Financial risk management (Tables) | 12 Months Ended
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Dec. 31, 2018
Disclosure Of Financial Instruments [Abstract] |
Summary of Financial Instruments Held by the Company | At December 31, 2016, 2017 and 2018, financial instruments held by the Company are comprised of the following:
|  | December 31, 2016 |  |  | December 31, 2017 |  |  | December 31, 2018 |
Financial assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | Ps. | 5,188,138 |  |  | Ps. | 7,730,143 |  |  | Ps. |  | 6,151,457 |
Receivables |  |  |  | 607,544 |  |  |  |  | 997,370 |  |  |  |  | 1,395,362 |
Derivative financial instruments |  |  |  | 72,454 |  |  |  |  | 106,815 |  |  |  |  | 136,457 |
Financial liabilities at amortized cost |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term debt securities |  | Ps. | 5,200,000 |  |  | Ps. | 9,000,000 |  |  | Ps. |  | 9,000,000 |
Current and long term bank loans |  |  |  | 4,614,276 |  |  |  |  | 4,252,258 |  |  |  |  | 4,535,863 |
Accounts payable |  |  |  | 891,611 |  |  |  |  | 1,037,155 |  |  |  |  | 1,028,737 |
Summary of Exposure to Credit Risk and Expected Credit Losses for Accounts Receivable | Following table presents information on the exposure to credit risk and expected credit losses for accounts receivable from customers as of December 31, 2018.
Balance of the trade account receivables as of December 31, 2018 |  | Weighted average loss rate |  |  | Current balance of the Trade account |  |  | Amount of credit loss |  |  | Credit impaired
Current (not past due) |  | 0.54% |  |  | Ps. |  | 1,319,676 |  |  | Ps. |  | 7,126 |  |  | No
1 to 30 days past due |  | 4.48% |  |  |  |  | 70,073 |  |  |  |  | 3,141 |  |  | No
31 to 60 days past due |  | 17.91% |  |  |  |  | 25,934 |  |  |  |  | 4,645 |  |  | No
61 to 90 days past due |  | 31.0% |  |  |  |  | 14,482 |  |  |  |  | 4,489 |  |  | No
More than 90 days past due |  | 15.1% |  |  |  |  | 92 |  |  |  |  | 14 |  |  | Yes
Legal |  | 100.0% |  |  |  |  | 13,780 |  |  |  |  | 13,780 |  |  | Yes
|  |  |  |  |  | Ps. |  | 1,444,037 |  |  | Ps. |  | 33,195 |  |  |
Summary of Company's Contractual Maturities for its Financial Liabilities, Including the Interest to be Paid | Following is a table with a summary of the Company’s contractual maturities for its financial liabilities, including the interest to be paid, as of December 31, 2016, 2017 and 2018:
|  | December 31, 2016 |
|  | Weighted average of effective interest rate |  |  | Less than 1 month |  |  | From 1 to 3 months |  |  | From 3 months to 1 year |  |  | From 1 year to 5 years |  |  | More than 5 years |  |  | Total |
Long-term debt securities (fixed rate) |  |  |  |  |  | Ps. |  | — |  |  | Ps. |  | — |  |  | Ps. |  | — |  |  | Ps. |  | — |  |  | Ps. | 1,500,000 |  |  | Ps. | 1,500,000 |
Long-term debt securities (variable rate) |  |  |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 3,700,000 |  |  |  |  | — |  |  |  |  | 3,700,000 |
Fixed rate loans |  |  |  |  |  |  |  | 667 |  |  |  |  | 2,027 |  |  |  |  | 5,608 |  |  |  |  | 37,756 |  |  |  |  | 236,538 |  |  |  |  | 282,596 |
Variable rate bank loans |  |  |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 76,457 |  |  |  |  | 4,255,223 |  |  |  |  | — |  |  |  |  | 4,331,680 |
Fixed rate interest |  |  | 9.85 | % |  |  |  | 3,104 |  |  |  |  | 6,398 |  |  |  |  | 109,563 |  |  |  |  | 435,591 |  |  |  |  | 375,830 |  |  |  |  | 930,486 |
Variable rate interest |  |  | 4.73 | % |  |  |  | 16,626 |  |  |  |  | 38,363 |  |  |  |  | 162,507 |  |  |  |  | 531,713 |  |  |  |  | — |  |  |  |  | 749,209 |
Trade accounts payable |  | N/A |  |  |  |  | 358,587 |  |  |  |  | 334,512 |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 693,099 |
AMP |  | N/A |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 198,512 |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 198,512 |
|  |  |  |  |  | Ps. | 378,984 |  |  | Ps. | 381,300 |  |  | Ps. | 552,647 |  |  | Ps. | 8,960,283 |  |  | Ps. | 2,112,368 |  |  | Ps. | 12,385,582 |
|  | December 31, 2017 |
|  | Weighted average of effective interest rate |  |  | Less than 1 month |  |  | From 1 to 3 months |  |  | From 3 months to 1 year |  |  | From 1 year to 5 years |  |  | More than 5 years |  |  | Total |
Long-term debt securities (fixed rate) |  |  |  |  |  | Ps. |  | — |  |  | Ps. |  | — |  |  | Ps. |  | — |  |  | Ps. |  | — |  |  | Ps. | 1,500,000 |  |  | Ps. | 1,500,000 |
Long-term debt securities (variable rate) |  |  |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 7,500,000 |  |  |  |  | — |  |  |  |  | 7,500,000 |
Fixed rate loans |  |  |  |  |  |  |  | 694 |  |  |  |  | 1,403 |  |  |  |  | 6,548 |  |  |  |  | 26,725 |  |  |  |  | 225,908 |  |  |  |  | 261,278 |
Variable rate bank loans |  |  |  |  |  |  |  | — |  |  |  |  | 73,021 |  |  |  |  | 59,688 |  |  |  |  | 3,858,271 |  |  |  |  | — |  |  |  |  | 3,990,980 |
Fixed rate interest |  |  | 9.85 | % |  |  |  | 232 |  |  |  |  | 54,138 |  |  |  |  | 55,470 |  |  |  |  | 432,382 |  |  |  |  | 268,450 |  |  |  |  | 810,672 |
Variable rate interest |  |  | 5.83 | % |  |  |  | 54,308 |  |  |  |  | 124,786 |  |  |  |  | 520,229 |  |  |  |  | 1,656,383 |  |  |  |  | — |  |  |  |  | 2,355,706 |
Trade accounts payable |  | N/A |  |  |  |  | 200,056 |  |  |  |  | 584,477 |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 784,533 |
AMP |  | N/A |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 252,622 |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 252,622 |
|  |  |  |  |  | Ps. | 255,290 |  |  | Ps. | 837,825 |  |  | Ps. | 894,557 |  |  | Ps. | 13,473,761 |  |  | Ps. | 1,994,358 |  |  | Ps. | 17,455,791 |
|  | December 31, 2018 |
|  | Weighted average of effective interest rate |  |  | Less than 1 month |  |  | From 1 to 3 months |  |  | From 3 months to 1 year |  |  | From 1 year to 5 years |  |  | More than 5 years |  |  | Total |
Long-term debt securities (fixed rate) |  |  |  |  |  | Ps. |  | — |  |  | Ps. |  | — |  |  | Ps. |  | — |  |  | Ps. |  | — |  |  | Ps. |  | 1,500,000 |  |  | Ps |  | 1,500,000 |
Long-term debt securities (variable rate) |  |  |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 7,500,000 |  |  |  |  | — |  |  |  |  | 7,500,000 |
Fixed rate loans |  |  |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 225,307 |  |  |  |  | 225,307 |
Variable rate bank loans |  |  |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 4,200,331 |  |  |  |  | 110,225 |  |  |  |  | 4,310,556 |
Fixed rate interest |  |  | 9.83 | % |  |  |  | 2,664 |  |  |  |  | 56,198 |  |  |  |  | 79,990 |  |  |  |  | 555,088 |  |  |  |  | 391,014 |  |  |  |  | 1,084,954 |
Variable rate interest |  |  | 6.91 | % |  |  |  | 64,301 |  |  |  |  | 127,822 |  |  |  |  | 618,198 |  |  |  |  | 1,352,594 |  |  |  |  | 3,031 |  |  |  |  | 2,165,946 |
Trade accounts payable |  | N/A |  |  |  |  | 189,894 |  |  |  |  | 540,467 |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 730,361 |
AMP |  | N/A |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 298,376 |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 298,376 |
|  |  |  |  |  | Ps. |  | 256,859 |  |  | Ps. |  | 724,487 |  |  | Ps. |  | 996,564 |  |  | Ps. |  | 13,608,013 |  |  | Ps. |  | 2,229,577 |  |  | Ps. |  | 17,815,500 |
Summary of Sensitivity Analysis of the Company Financial Assets and Liabilities | Following is a sensitivity analysis of the Company financial assets and liabilities denominated in USD, if the peso were to depreciate or appreciate by 10%, which is the amount management considers reasonably possible of occurring at year end:
|  | USD amounts at December 31, 2018 |  |  |  | Peso amounts at exchange rate of Ps. 19.6829 at December 31, 2018 |  |  |  | Peso amounts if exchange rate would depreciate 10% |  |  |  | Peso amounts if exchange rate would appreciate 10% |
Thousands of U.S. dollars: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  |  | 186,252 |  |  | Ps. |  | 3,665,979 |  |  | Ps. |  | 3,332,708 |  |  | Ps. |  | 4,032,577 |
Trade accounts receivable |  |  | 10,963 |  |  |  |  | 215,793 |  |  |  |  | 196,176 |  |  |  |  | 237,373 |
|  |  | 197,215 |  |  |  |  | 3,881,773 |  |  |  |  | 3,528,884 |  |  |  |  | 4,269,950 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable |  |  | (30,274 | ) |  |  |  | (595,889 | ) |  |  |  | (541,717 | ) |  |  |  | (655,478 | )
Bank loans |  |  | (230,447 | ) |  |  |  | (4,535,862 | ) |  |  |  | (4,123,511 | ) |  |  |  | (4,989,449 | )
Net liability position |  |  | (63,506 | ) |  | Ps. |  | (1,249,979 | ) |  | Ps. |  | (1,136,344 | ) |  | Ps. |  | (1,374,977 | )
Summary of Variable Interest Rates to the Company is Exposed had been 100 Basis Points (Higher) or Lower Than the Interest Rate | The Company has financial debt denominated in pesos and U.S. dollars, which accrues interest at a variable rate based on TIIE 28-days, LIBOR 30-days in Mexico and LIBOR in MBJA, respectively. If the date of year end 2018, variable interest rates to which the Company is exposed had been 100 basis points (higher) or lower than the interest rate at year-end with the other variables remaining constant, the effect on net income and shareholders’ equity for the years ended December 31, 2016, 2017 and 2018 would be as follows:
|  | 2016 |  |  | 2017 |  |  | 2018 |
Effect in case of interest rate increase in 100 basis points |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Variable rate long term debt |  | Ps. |  | (64,031 | ) |  | Ps. |  | (112,134 | ) |  | Ps. |  | (121,747 | )
Effect in case of interest rate decrease in 100 basis points |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Variable rate long term debt |  | Ps. |  | 64,031 |  |  | Ps. |  | 112,134 |  |  | Ps. |  | 121,747 |
Summary of Ratio of the Shareholders' Equity to Total Liabilities | Following is the ratio of shareholders’ equity to total liabilities of the Company at the end of the reporting period:
|  | 2016 |  |  | 2017 |  |  | 2018 |
Stockholders’ equity –controlling interest |  | Ps. |  | 21,333,015 |  |  | Ps. |  | 21,028,215 |  |  | Ps. |  | 20,708,985 |
Total liabilities |  |  |  | 13,646,893 |  |  |  |  | 17,440,763 |  |  |  |  | 17,778,352 |
Ratio of total stockholders’ equity to liabilities |  |  |  | 1.6 |  |  |  |  | 1.2 |  |  |  |  | 1.2 |

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