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Short and long-term documents:

12 Months Ended

Dec. 31, 2021

Note 11 — Short and long-term documents:

As a result of including Aerostar in the consolidation, as from May 31, 2017, the following long-term debt is recorded.

To finance a portion of the agreement payment to the Puerto Rico Authority, and certain other costs and expenditures associated with it, Aerostar entered into a Note Purchase Agreement in March 22, 2013 where Aerostar authorized the issue of subordinated bonds and sale of an aggregate principal of Ps.4,471 million pesos (USD350 million) maturing on March 22, 2035 in accordance with the following conditions:


Performance	2.39	%
Spread credit (bps)	+336
Coupon	5.75	%

On June 24, 2015, Aerostar signed an agreement for private placement of bonds in the amount of Ps.737 million pesos (USD50 million), maturing on March 22, 2035, based on the following conditions:


Performance		6.75	%

At December 31, 2020 the integration of the debt is shown as follows:

Credit line

Interest

Credit line

Principal amortization

Interest

Term

Fair

used in thousand USD

in USD

in pesos

Short

Long

value

Loan

400,000

10,577

Ps.

7,265,206

Ps.

(253,925)

Ps.

(39,105)

Ps.

330,235

Ps.

6,641,941

Ps.

7,697,476

At December 31, 2021 the integration of the debt is shown as follows:

Credit line

Interest

Credit line

Principal amortization

Interest

Term

Fair

used in thousand USD

in USD

in pesos

Short

Long

value

Loan

400,000

11,102

Ps.

7,207,061

Ps.

(220,961)

Ps.

(34,031)

Ps.

353,672

Ps.

6,598,397

Ps.

7,619,720

Inputs:

2020:

Corporate risk through Yield Spreads to Maturity of comparable bonds of the “Transportations and Logistics” sector.

Level 2 of fair value hierarchy.

2021:

Corporate risk through Yield Spreads to Maturity of comparable bonds of the “Transportations and Logistics” sector at December 31, 2021.

Level 2 of fair value hierarchy.

Methodology:

The following methodology was used to determine fair value in the terms of IFRS 13 the valuation technique used is one recognized in the financial environment (estimated future cash flows discounted at their present value) using market information available at the valuation date.