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Airport Concessions (Tables)
12 Months Ended
Dec. 31, 2019
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, 2017, 2018 and 2019:

 

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 as of December 31, 2017, 2018 and 2019 is as follows:

 

 

 

December 31,

2017

 

 

December 31,

2018

 

 

December 31,

2019

 

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)

 

 

 

3,475,128

 

 

 

 

3,465,882

 

 

 

 

3,318,376

 

Concession airport NMIA (upfront fees on date of acquisition

   in USD$7,146,500)

 

 

 

 

 

 

 

140,664

 

 

 

 

134,677

 

Less - accumulated amortization (2)

 

 

 

(5,541,118

)

 

 

 

(6,015,079

)

 

 

 

(6,452,108

)

 

 

Ps.

 

11,754,661

 

 

Ps.

 

11,412,118

 

 

Ps.

 

10,821,596

 

 

 

(1)

The other airport concession includes translation effect for an amount of Ps. 791,102, Ps. 781,857 and Ps. 634,350 as of December 31, 2017, 2018 and 2019, respectively.

(2)

Amortization includes translation effect for an amount of Ps. 7,719, Ps. 4,315 and Ps. (38,776) as of December 2017, 2018 and 2019, respectively.

The amortization charge for the years ended December 31, 2017, 2018 and 2019, amounts to Ps. 466,749, Ps.469,646 and Ps. 475,805, respectively.