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Airport Concessions (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure Of Service Concession Arrangements [Abstract]  
Summary of Values of Airport Concessions and Rights to Use Airport Facilities

The table below shows the values of airport concessions and rights to use airport facilities as of December 31, 2016, 2017 and 2018:

 

Acquisition cost

 

Ps.

15,938,359

 

assigned to:

 

 

 

 

 

Rights to use airport facilities (Note 10):

 

 

 

 

 

Runways, aprons, platforms

 

Ps.

519,057

 

Buildings

 

 

 

577,270

 

Other facilities

 

 

 

91,241

 

Land

 

 

 

930,140

 

 

 

 

 

2,117,708

 

Airport concessions

 

 

 

13,820,651

 

 

 

Ps.

15,938,359

 

 

Summary of Value of Concessions

The value of the concessions at December 31, 2016, 2017 and 2018 is as follows:

 

 

 

December 31,

2016

 

 

December 31,

2017

 

 

December 31,

2018

 

Mexican airport concessions

 

Ps.

 

13,820,651

 

 

Ps.

13,820,651

 

 

Ps.

 

13,820,651

 

Concession airport MBJA (fair value on date of acquisition in

   USD$176,086,000) (1)

 

 

 

3,638,641

 

 

 

 

3,475,128

 

 

 

 

3,465,882

 

Concession airport NMIA (upfront fees on date of acquisition

   in USD$7,146,500)

 

 

 

 

 

 

 

 

 

 

 

140,664

 

Less - accumulated amortization (2)

 

 

 

(5,074,369

)

 

 

 

(5,541,118

)

 

 

 

(6,015,079

)

 

 

Ps.

 

12,384,923

 

 

Ps.

11,754,661

 

 

Ps.

 

11,412,118

 

 

(1)

The other airport concession includes translation effect for an amount of Ps. 954,615, Ps. 791,102 and Ps.781,857 as of December 31, 2016, 2017 and 2018, respectively.

(2)

Amortization includes translation effect for an amount of Ps. 32,941, Ps. 7,719 and Ps. 4,315 as of December 2016, 2017 and 2018, respectively.

The amortization charge for the years ended December 31, 2016, 2017 and 2018, amounts to Ps. 464,061, Ps. 466,749 and Ps. 469,646 respectively.