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Transactions and balances with related parties (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure of transactions between related parties [abstract]

Schedule of Transactions with Related Parties

Transactions with related parties, carried out in the ordinary course of business, were as follows:

	2 0 1 9			2 0 1 8					2 0 1 7

Holding company
Interest expense	$			$	7,346			$		5,325
Interest income		265,200			210,514					198,054

Management staff
Administrative services expenditures		23,548			23,494					25,603

Other related parties
Sales		249,560			20,375					3,632
Purchases		438,052			372,759					51,760
Direct short-term benefits (*)		106,631			90,600					82,447

(*) Correspond to the salaries, allowances and bonuses paid to the executives of Simec.

Schedule of Balances Receivable from and Payable to Related Parties

Balances receivable from and payable to related parties are as follows:

	December 31,
	2 0 1 9			2 0 1 8
Short term
Accounts receivable:
Compañía Laminadora Vista Hermosa, S.A. de C.V.	$			$	360
Operadora Construalco, S.A. de C.V.		717			548
Operadora Industrial de Herramientas, S.A. de C.V.		38			912
Perfiles Comerciales Sigosa, S.A. de C.V.		2,250			1,597
Joist del Golfo, S.A. de C.V.		5,105			6,516
Others		5,815			5,798
	$	13,925		$	15,731
These balances correspond to accounts receivable for services and / or sales of specific finished products for their activity. December 31,
		2 0 1 9			2 0 1 8
Loans to related parties:
Compañia Laminadora Vista Hermosa, S.A. de C.V.	$			$	183,171
Operadora Compañia Mexicana de Tubos, S.A. de C.V.					38,232
Compañia Manufacturera de Tubos, S.A. de C.V.					44,472
	$			$	265,875
Total short term	$	13,925		$	281,606

	December 31,
	2 0 1 9				2 0 1 8
Long term
Accounts receivable:
Industrias CH, S.A.B. de C.V.	$	648,281			$	648,281
	$	648,281			$	648,281
Loans to related parties:
Industrias CH, S.A.B de C.V.	$	780,989			$	730,278
Perfiles Comerciales Sigosa, S.A. de C.V.		142,268				579,047
Proyectos Comerciales el Ninzi, S.A. de C.V.						376,790
	$	923,257			$	1,686,115
Total, long term	$	1,571,538			$	2,334,396

		December 31,
		2 0 1 9			2 0 1 8
	Accounts payable:

	Aceros y Laminados Sigosa, S.A. de C.V.	$	1,853		$	1,854
	Industrias CH, S.A.B. de C.V.		208,223			205,879
	Perfiles Comeciales Sigosa, S.A. de C.V.		3,632
	Holding Protel, S.A. de C.V.		251
	Compañia Laminadora Vista Hermosa, S.A. de C.V.		1,904
	Operadora Perfiles Sigosa, S.A. de C.V.		5,850			112,587
	Operadora Pytsa Industrial, S.A. de C.V.		8,233			5,185
	Tuberias Procarsa, S.A. de C.V.					1,942
	Compañia Manufacturera de Tubos, S.A. de C.V.		9,631			6,220
	Others		1,949			924
		$	241,526		$	334,591