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Transactions and balances with related parties (Tables) | 12 Months Ended
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Dec. 31, 2020
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 2 0 |  | 2 0 1 9 |  | 2 0 1 8
Holding company |  |  |  |  |  |  |  |
Interest expense | $ | - |  | $ | - |  | $ | 7,346
Interest income |  | 41,034 |  |  | 265,200 |  |  | 210,514
Management staff |  |  |  |  |  |  |  |
Administrative services expenditures |  | 199,488 |  |  | 23,548 |  |  | 23,494
Other related parties |  |  |  |  |  |  |  |
Sales |  | 188,082 |  |  | 249,560 |  |  | 20,375
Purchases |  | 27,507 |  |  | 438,052 |  |  | 372,759
Direct short-term benefits (*) |  | 90,562 |  |  | 106,631 |  |  | 90,600
(*) 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 2 0 |  | 2 0 1 9
Short-term |  |  |  |  |
Accounts receivable: |  |  |  |  |
Industrias CH, S.A.B. de C.V. | $ | 6,073 |  | $ | -
Cá. Laminadora Vista Hermosa, S.A. de C.V. |  | 611 |  |  | -
Operadora compañía Mexicana de Tubos, S.A. de C.V. |  | 848 |  |  | -
Cía Tubos y Perfiles Monterrey, S.A. de C.V. |  | 3,318 |  |  | -
Operadora Perfiles Sigosa, S.A. de C.V. |  | 3,452 |  |  | -
Operadora Construalco, S.A. de C.V. |  | 3,320 |  |  | 717
Operadora Industrial de Herramientas, S.A. de C.V. |  | 411 |  |  | 38
Perfiles Comerciales Sigosa, S.A. de C.V. |  |  |  |  | 2,250
Joist del Golfo, S.A. de C.V. |  | 12,192 |  |  | 5,105
Ferrovisa, S.A. |  | 17,762 |  |  |
Others |  | 782 |  |  | 5,816
| $ | 52,706 |  | $ | 13,925
| December 31,
| 2 0 2 0 |  | 2 0 1 9
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. | $ | 858,510 |  | $ | 780,989
Perfiles Comerciales Sigosa, S.A. de C.V. |  | 150,233 |  |  | 142,268
| $ | 1,008,743 |  | $ | 923,257
Total, long-term | $ | 1,657,024 |  | $ | 1,571,538
| 2 0 2 0 |  | 2 0 1 9
Accounts payable: |  |  |  |  |
Aceros y Laminados Sigosa, S.A. de C.V. | $ | 4,625 |  | $ | 1,853
Industrias CH, S.A.B. de C.V. |  | 214,294 |  |  | 208,223
Perfiles Comeciales Sigosa, S.A. de C.V. |  | 1,292 |  |  | 3,632
Holding Protel, S.A. de C.V. |  | 251 |  |  | 251
Compañia Laminadora Vista Hermosa, S.A. de C.V. |  | 1,404 |  |  | 1,904
Operadora Perfiles Sigosa, S.A. de C.V. |  | 3,855 |  |  | 5,850
Operadora Pytsa Industrial, S.A. de C.V. |  | 9,073 |  |  | 8,233
Comercializadora SIGOSA, S.A. de C.V. |  | 102,067 |  |  | 0
Compañia Manufacturera de Tubos, S.A. de C.V. |  | 7,377 |  |  | 9,631
Operadora Compañia Mexicana de Tubos, S.A. de C.V. |  | 6,287 |  |  | 0
Cía. Mexicana de Perfiles y Tubos, S.A. de C.V. |  | 634 |  |  | -
Others |  | 352 |  |  | 1,949
| $ | 351,511 |  | $ | 241,526

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