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Commitments
12 Months Ended
Dec. 31, 2019
Commitments [Abstract]  
Commitments

28.

Commitments

 

a.

On December 16, 2014, the SCT authorized in Mexico the Company’s MDP for the five-year period from 2015-2019. The table below shows the investments to be made during this period, as approved by the SCT:

 

Year

 

Amount

committed

 

2015

 

Ps.

 

1,412,232

 

2016

 

 

 

1,842,569

 

2017

 

 

 

1,157,684

 

2018

 

 

 

759,337

 

2019

 

 

 

306,792

 

 

 

Ps.

 

5,478,614

 

 

The amounts committed above are expressed in pesos of purchasing power as of December 31, 2012.

On March 2016, 2017, 2018 and 2019 the Mexican Directorate General of Civil Aviation (DGAC) approved the compliance with MDP for 2015, 2016, 2017 and 2018, respectively.

 

b.

On November 2014, the airport authority in Jamaica, approved capital investments to be made of USD$ 37,940,000 for the period April 2015 to March 2020. Compliance with MBJA capital investments must be made for the period rather than annually. During 2017, 2018 and 2019 capital investments were USD$768,832, USD$28,382,604 and USD$7,079,559, respectively. For PACKAL no capital investments were made during 2019.

 

c.

On December 12, 2019, for Mexico´s airports, the SCT approved to the Company the MDP for the period 2020-2024. Below are shown the investments committed thru the period:

 

Year

 

Amount

committed

 

2020

 

Ps.

 

6,739,392

 

2021

 

 

 

5,995,303

 

2022

 

 

 

5,396,186

 

2023

 

 

 

2,650,026

 

2024

 

 

 

1,050,798

 

 

 

Ps.

 

21,831,705

 

 

The amounts committed above are expressed in pesos of purchasing power as of December 31, 2017.

 

d.

In the same way AAJ approved the committed investments of the MDP for USD$111.7 million for MBJA and USD$101.4 million for PACKAL, trough the 2020-2024 period.