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Finance cost - Net (Tables)
12 Months Ended
Dec. 31, 2023
Disclosure Of Finance Income Expense [Abstract]  
Summary of Net Finance (Cost) Income

The net finance (cost) income is comprised of the following for the years ended December 31, 2021, 2022 and 2023:

 

 

 

2021

 

 

2022

 

 

2023

 

Interest income from cash equivalents

 

Ps.

 

361,683

 

 

Ps.

 

677,542

 

 

Ps.

 

1,094,923

 

Interest on recovered taxes

 

 

 

3,262

 

 

 

 

45,489

 

 

 

 

43,655

 

Gain on derivative financial instruments

 

 

 

51,656

 

 

 

 

6,765

 

 

 

 

-

 

Gain in interest hedge

 

 

-

 

 

 

 

64,942

 

 

 

 

253,991

 

Other

 

 

 

3,670

 

 

 

 

41,251

 

 

 

 

10,395

 

Total finance income

 

 

 

420,271

 

 

 

 

835,989

 

 

 

 

1,402,964

 

Interest cost from bank loans

 

 

 

(196,582

)

 

 

 

(210,335

)

 

 

 

(679,027

)

Interest cost from hedges

 

 

 

(280,395

)

 

 

 

(54,633

)

 

 

 

-

 

Loss in market value

 

 

-

 

 

 

 

(4,069

)

 

 

 

-

 

Other financing costs

 

 

 

(39,481

)

 

 

 

(73,231

)

 

 

 

(70,478

)

Interest cost for debt securities

 

 

 

(1,170,082

)

 

 

 

(2,113,650

)

 

 

 

(2,689,771

)

Total finance cost

 

 

 

(1,686,540

)

 

 

 

(2,455,918

)

 

 

 

(3,439,276

)

Exchange gain

 

 

 

1,259,326

 

 

 

 

1,229,799

 

 

 

 

2,077,806

 

Exchange loss

 

 

 

(1,020,987

)

 

 

 

(1,148,379

)

 

 

 

(2,418,517

)

 Exchange (loss) gain - Net

 

 

 

238,339

 

 

 

 

81,420

 

 

 

 

(340,711

)

Finance cost - Net

 

Ps.

 

(1,027,930

)

 

Ps.

 

(1,538,509

)

 

Ps.

 

(2,377,023

)