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Derivative financial instruments (Tables)
12 Months Ended
Dec. 31, 2024
Disclosure Of Fair Value Of Derivative Financial Instruments [Abstract]  
Summary of Characteristics and Fair Value of Derivative Instruments

The main characteristics and the fair value of these derivatives as of December 31, 2022, 2023 and 2024 are as follows:

 

 

 

Notional
amount
(millions)

 

 

Hedge
start date

 

Rate

 

Due date

 

Fair value as of
December 31,
2022

 

Derivatives designated as hedge financial instruments

 

 

 

 

 

 

Scotiabank

 

Ps.

$

3,000.0

 

 

February 2019

 

8.03%

 

March 2024

 

Ps.

 

91,885

 

Scotiabank

 

Ps.

$

3,000.0

 

 

March 2020

 

6.332%

 

February 2025

 

 

 

200,812

 

 

 

 

 

 

 

 

 

 

 

Total asset

 

 

 

292,697

 

Derivatives designated as hedge financial instruments

 

 

 

 

 

 

The Bank of Nova Scotia

 

USD.

 

20.0

 

 

March 2022

 

1.59%

 

April 2025

 

 

 

(14,972

)

The Bank of Nova Scotia

 

USD.

 

30.0

 

 

March 2022

 

1.7850%

 

September 2025

 

 

 

(36,233

)

Total

 

 

 

 

 

 

 

 

 

Total liability

 

Ps.

 

(51,205

)

 

 

 

 

 

Notional
amount
(millions)

 

 

Hedge
start date

 

Rate

 

Due date

 

Fair value as of
December 31,
2023

 

Derivatives designated as hedge financial instruments

 

 

 

 

 

 

Scotiabank

 

Ps.

$

3,000.0

 

 

February 2019

 

8.03%

 

March 2024

 

Ps.

 

144,096

 

Scotiabank

 

Ps.

$

3,000.0

 

 

March 2020

 

6.332%

 

February 2025

 

 

 

23,600

 

 

 

 

 

 

 

 

 

 

 

Total asset

 

 

 

167,696

 

Derivatives designated as hedge financial instruments

 

 

 

 

 

 

The Bank of Nova Scotia

 

USD.

 

12.0

 

 

March 2022

 

1.59%

 

April 2025

 

 

 

(5,455

)

The Bank of Nova Scotia

 

USD.

 

30.0

 

 

March 2022

 

1.7850%

 

September 2025

 

 

 

(21,535

)

 

 

 

 

 

 

 

 

 

 

Total liability

 

Ps.

 

(26,990

)

 

 

 

 

Notional
amount
(millions)

 

 

Hedge
start date

 

Rate

 

Due date

 

Fair value as of
December 31,
2024

 

Derivatives designated as hedge financial instruments

 

 

 

 

 

 

Scotiabank

 

Ps.

 

3,000.0

 

 

March 2020

 

6.332%

 

February 2025

 

 

 

18,256

 

 

 

 

 

 

 

 

 

 

 

Total asset

 

 

 

18,256

 

Derivatives designated as hedge financial instruments

 

 

 

 

 

 

The Bank of Nova Scotia

 

USD.

$

12.0

 

 

March 2022

 

1.59%

 

April 2025

 

 

 

(766

)

The Bank of Nova Scotia

 

USD.

$

30.0

 

 

March 2022

 

1.7850%

 

September 2025

 

 

 

(10,724

)

 

 

 

 

 

 

 

 

 

 

Total liability

 

Ps.

 

(11,490

)