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OTHER LIABILITIES - NON CURRENT AND CURRENT | 12 Months Ended
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Dec. 31, 2018
Disclosure of other liabilities [Abstract] |
OTHER LIABILITIES - NON CURRENT AND CURRENT | OTHER LIABILITIES – NON CURRENT AND CURRENT
| As of December 31,
| 2018 |  | 2017
(i) Other liabilities - Non current |  |  |
Post-employment benefits | 312,293 |  |  | 275,950 |
Other employee benefits | 38,891 |  |  | 31,312 |
Asset retirement obligation (Note 19) (1) | 24,554 |  |  | 27,829 |
Other | 38,803 |  |  | 37,955 |
Other liabilities – Non-current | 414,541 |  |  | 373,046 |
(1) The asset in connection with this liability is included in Property, plant and equipment. Post-employment benefits The amounts recognized in the consolidated statement of financial position are determined as follows:
| Post-employment benefits
| As of December 31,
| 2018 |  | 2017
Present value of unfunded obligations | 312,293 |  |  | 275,950 |
Liability in the statement of financial position | 312,293 |  |  | 275,950 |
The amounts recognized in the consolidated income statement are as follows:
| Post-employment benefits
| Year ended December 31,
| 2018 |  | 2017
Current service cost | 7,284 |  |  | 6,555 |
Interest cost | 22,578 |  |  | 21,658 |
Total included in labor costs | 29,862 |  |  | 28,213 |
Changes in the liability recognized in the consolidated statement of financial position are as follows:
| Post-employment benefits
| As of December 31,
| 2018 |  | 2017
At the beginning of the year | 275,950 |  |  | 252,624 |
Transfers, new participants and funding of the plan | (3,177 | ) |  | 840 |
Total expense | 29,862 |  |  | 28,213 |
Remeasurements | 38,263 |  |  | 15,068 |
Effect of changes in demographic assumptions | 22,575 |  |  | (4,950 | )
Effect of changes in financial assumptions | 2,272 |  |  | 14,110 |
Effect of experience adjustments | 13,416 |  |  | 5,908 |
Translation differences | (283 | ) |  | 10,527 |
Contributions paid | (28,322 | ) |  | (31,322 | )
At the end of the year | 312,293 |  |  | 275,950 |
The principal actuarial assumptions used were as follows:
| Year ended December 31,
Mexico | 2018 |  | 2017
Discount rate | 8.75 | % |  | 7.75 | %
Compensation growth rate | 6.00% - 7.00% |  |  | 5.00 | %
| Year ended December 31,
Argentina | 2018 |  | 2017
Discount rate | 6.00% - 7.00% |  | 6.00% - 7.00%
Compensation growth rate | 2.00% - 3.00% |  | 2.00% - 3.00%
The sensitivity of the defined benefit obligation to changes in the weighted principal assumptions is as follows:
| Impact on defined benefit obligation
| Change in assumption |  | Increase in assumption |  | Decrease in assumption
Discount rate | 1.00 | % |  | -8.4 | % |  | 10.1 | %
Compensation growth rate | 1.00 | % |  | 1.4 | % |  | -4.2 | %
Pension growth rate | 1.00 | % |  | -1.5 | % |  | 1.8 | %
Life expectancy | 1 year |  |  | 3.8 | % |  | -3.8 | %
The estimated future payments for the next five years will be between 23.8 and 29.9 million per year.
| As of December 31,
| 2018 |  | 2017
(ii) Other liabilities - Current |  |  |
Payroll and social security payable | 177,407 |  |  | 183,249 |
VAT liabilities | 79,060 |  |  | 79,085 |
Other tax liabilities | 36,203 |  |  | 30,927 |
Termination benefits | 1,501 |  |  | 1,816 |
Related Parties (Note 26) | 3,341 |  |  | 6,215 |
Asset retirement obligation (Note 19) | 9,851 |  |  | 2,659 |
Others | 43,853 |  |  | 53,050 |
Other liabilities – Current | 351,216 |  |  | 357,001 |

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