XML 52 R35.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Accounting Policies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Accounting Policies |
Schedule of interests in direct and indirect subsidiaries |
Entity |  | Company’s Ownership Interest (1) |  | Business Segment (2) |
Grupo Telesistema, S.A. de C.V. and subsidiaries |  | 100% |  | Content and Other Businesses |
Televisa, S.A. de C.V. (“Televisa”) (3) |  | 100% |  | Content |
G.Televisa-D, S.A. de C.V. (3) |  | 100% |  | Content |
Multimedia Telecom, S.A. de C.V. (“Multimedia Telecom”) and subsidiary (4) |  | 100% |  | Content |
Innova, S. de R.L. de C.V. (“Innova”) and subsidiaries (collectively, “Sky”) (5) |  | 58.7% |  | Sky |
Corporativo Vasco de Quiroga, S.A. de C.V. (“CVQ”) and subsidiaries (6) |  | 100% |  | Cable and Sky |
Empresas Cablevisión, S.A.B. de C.V. and subsidiaries (collectively, “Empresas Cablevisión”) (7) |  | 51% |  | Cable |
Subsidiaries engaged in the Cablemás business (collectively, “Cablemás”) (8) |  | 100% |  | Cable |
Televisión Internacional, S.A. de C.V. and subsidiaries (collectively, “TVI”) (9) |  | 100% |  | Cable |
Cablestar, S.A. de C.V. and subsidiaries (collectively, “Bestel”) (10) |  | 66.1% |  | Cable |
Arretis, S.A.P.I. de C.V. and subsidiaries (collectively, “Cablecom”) (11) |  | 100% |  | Cable |
Subsidiaries engaged in the Telecable business (collectively, “Telecable”) (12) |  | 100% |  | Cable |
Editorial Televisa, S.A. de C.V. and subsidiaries |  | 100% |  | Other Businesses |
Grupo Distribuidoras Intermex, S.A. de C.V. and subsidiaries |  | 100% |  | Other Businesses |
Sistema Radiópolis, S.A. de C.V. (“Radiópolis”) and subsidiaries (13) |  | 50% |  | Other Businesses |
Televisa Juegos, S.A. de C.V. and subsidiaries |  | 100% |  | Other Businesses |
Villacezán, S.A. de C.V. (“Villacezán”) and subsidiaries (14) |  | 100% |  | Other Businesses |
| (1) |  | Percentage of equity interest directly or indirectly held by the Company.
| (2) |  | See Note 25 for a description of each of the Group’s business segments.
| (3) |  | Televisa and G.Televisa-D, S.A. de C.V. are direct subsidiaries of Grupo Telesistema, S.A. de C.V.
| (4) |  | Multimedia Telecom and its direct subsidiary, Comunicaciones Tieren, S.A. de C.V. (“Tieren”), are wholly-owned subsidiaries of the Company through which it owns shares of the capital stock of UHI and maintains an investment in Warrants that are exercisable for shares of common stock of UHI. As of December 31, 2017 and 2016, Multimedia Telecom and Tieren have investments representing 95.3% and 4.7%, respectively, of the Group’s aggregate investment in shares of common stock and Warrants issued by UHI (see Notes 9, 10 and 19).
| (5) |  | Innova is an indirect majority-owned subsidiary of the Company and a direct majority-owned subsidiary of Innova Holdings, S. de R.L. de C.V. (“Innova Holdings”). Sky is a satellite television provider in Mexico, Central America and the Dominican Republic. Although the Company holds a majority of Innova’s equity and designates a majority of the members of Innova’s Board of Directors, the non-controlling interest has certain governance and veto rights in Innova, including the right to block certain transactions between the companies in the Group and Sky. These veto rights are protective in nature and do not affect decisions about relevant business activities of Innova.
| (6) |  | CVQ is a direct subsidiary of the Company and the parent company of Empresas Cablevisión, Cablemás, TVI, Bestel, Cablecom, Telecable and Innova. In September 2016, Factum Más Telecom, S.A. de C.V., a former direct subsidiary of the Company and the parent company of Innova Holdings and Innova was merged into CVQ. At the consolidated level, this merger had no effect (see Note 3).
| (7) |  | Empresas Cablevisión, S.A.B. de C.V. is a direct majority-owned subsidiary of CVQ. Through April 2015, Empresas Cablevisión, S.A.B. de C.V. was directly owned by Editora Factum, S.A. de C.V., a direct subsidiary of the Company that was merged into CVQ in May 2015. At the consolidated level, the merger had no effect.
| (8) |  | The Cablemás subsidiaries are directly and indirectly owned by CVQ. In January 2015, some Cablemás subsidiaries were directly owned by the Company, and some other subsidiaries were directly owned by TTelecom H, S.A.P.I. de C.V. (“TTelecom”), a former direct subsidiary of the Company, which was merged into CVQ in July 2015. The Cablemás subsidiaries directly owned by the Company were acquired by a direct subsidiary of CVQ in the second half of 2015. In June 2016, three former subsidiaries of Grupo Cable TV, S.A. de C.V. were merged into a Cablemás subsidiary. At the consolidated level, the mergers had no effect.
| (9) |  | Televisión Internacional, S.A. de C.V. is a direct subsidiary of CVQ. Through February 2016, the Company had a 50% ownership interest in TVI, and consolidated this subsidiary because it appointed the majority of the members of the Board of Directors of TVI. In March 2016, the Company acquired the remaining 50% non-controlling interest in TVI (see Note 3).
| (10) |  | Cablestar, S.A. de C.V. is an indirect majority-owned subsidiary of CVQ and Empresas Cablevisión, S.A.B. de C.V.
| (11) |  | Through the third quarter of 2016, Grupo Cable TV, S.A. de C.V. (“Grupo Cable TV”) was an indirect subsidiary of CVQ. In June 2016, three former subsidiaries of Grupo Cable TV were merged into a Cablemás subsidiary. In the fourth quarter of 2016, Grupo Cable TV merged into Arretis, S.A.P.I. de C.V., a direct subsidiary of CVQ. At the consolidated level, the mergers had no effect.
| (12) |  | The Telecable subsidiaries are directly owned by CVQ as a result of the merger of TTelecom into CVQ in July 2015. TTelecom was a wholly-owned subsidiary of the Company through which the Company acquired Telecable in January 2015 (see Note 3).
| (13) |  | Radiópolis is a direct subsidiary of the Company. The Company controls Radiópolis as it has the right to appoint the majority of the members of the Board of Directors of Radiópolis.
| (14) |  | Villacezán is an indirect subsidiary of Grupo Telesistema, S.A. de C.V. Certain subsidiaries of the Company in the Other Businesses segment, owned by TTelecom, were acquired by Villacezán in the third quarter of 2015, following the merger described above of TTelecom into CVQ.
Schedule of expiration dates of the Group's concessions and permits |
Segments |  | Expiration Dates
Content (broadcasting concessions) |  | In 2021
Sky |  | Various from 2018 to 2027
Cable |  | Various from 2018 to 2046
Other Businesses: |  |
Radio (1) |  | Various from 2019 to 2037
Gaming |  | In 2030
| (1) |  | Concessions for six Radio stations in the cities of San Luis Potosí, Guadalajara and Monterrey expired in 2015 and 2016, and were renewed in 2017 by the IFT. Concessions for nine Radio stations in the cities of Mexico City, Guadalajara and Veracruz expired in 2016, and were renewed by the IFT that year. The costs paid by the Group for renewal of these concessions in 2017 and 2016 amounted to an aggregate of Ps.37,848 and Ps.111,636, respectively. In addition, IFT granted in 2017 two new concessions to the Group in Ensenada and Puerto Vallarta. The cost paid by the Group for obtaining these concessions amounted to an aggregate of Ps.$85,486. The amounts for renewal and obtaining new concessions were recognized in consolidated other intangible assets, and will be amortized in a period of 20 years by using the straight-line method (see Note 12).
Schedule of property, plant and equipment, estimated useful lives |
|  | Estimated useful lives
Buildings |  | 20-65 years
Building improvements |  | 5-20 years
Technical equipment |  | 3-30 years
Satellite transponders |  | 15 years
Furniture and fixtures |  | 3-15 years
Transportation equipment |  | 4-8 years
Computer equipment |  | 3-6 years
Leasehold improvements |  | 5-30 years
Schedule of intangible assets, estimated useful lives |
|  | Estimated useful lives
Trademarks |  | 4 years
Licenses |  | 3-14 years
Subscriber lists |  | 4-10 years
Other intangible assets |  | 3-20 years
Schedule of potential impact of new or amended standards |
New or Amended Standard |  | Title of the Standard |  | Effective for Annual Periods Beginning On or After
Amendments to IFRS 10 and IAS 28 (1) |  | Sale or Contribution of Assets between an Investor and its Associate or Joint Venture |  | Postponed
IFRS 15 |  | Revenue from Contracts with Customers |  | January 1, 2018
Amendments to IFRS 15 |  | Effective Date of IFRS 15 |  | January 1, 2018
Amendments to IFRS 15 |  | Clarifications to IFRS 15 Revenue from Contracts with Customers |  | January 1, 2018
IFRS 9 |  | Financial Instruments |  | January 1, 2018
Amendments to IAS 40 (2) |  | Transfers of Investment Property |  | January 1, 2018
IFRIC 22 (1) |  | Foreign Currency Transactions and Advance Consideration |  | January 1, 2018
Amendments to IFRS 2 (1) |  | Classification and Measurement of Share-based Payment Transactions |  | January 1, 2018
IFRS 16 |  | Leases |  | January 1, 2019
Amendments to IFRS 4 (2) |  | Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts |  | No earlier than 2020
IFRS 17 (2) |  | Insurance Contracts |  | January 1, 2021
IFRIC 23 (1) |  | Uncertainty over Income Tax Treatments |  | January 1, 2019
Practice Statement 2 |  | Making Materiality Judgements |  | September 14, 2017
Annual Improvements (1) |  | Annual Improvements to IFRS Standards 2015-2017 Cycle |  | January 1, 2019
Amendments to IAS 28 (1) |  | Long-term Interests in Associates and Joint Ventures |  | January 1, 2019
Amendments to IFRS 9 (1) |  | Prepayment Features with Negative Compensation |  | January 1, 2019
Amendments to IAS 19 (1) |  | Plan Amendment, Curtailment or Settlement |  | January 1, 2019
| (1) |  | This new or amended standard is not expected to have a significant impact on the Group’s consolidated financial statements.
| (2) |  | This new or amended standard is not expected to be applicable to the Group’s consolidated financial statements.
Standard |  | Subject of Amendment
IFRS 3 Business Combinations |  | Previously held interest in a joint operation.
IFRS 11 Joint Arrangements |  | Previously held interest in a joint operation.
IAS 12 Income Taxes |  | Income tax consequences of payments on financial instruments classified as equity.
IAS 23 Borrowing Costs |  | Borrowing costs eligible for capitalization.

X
- Definition The disclosure of the known or reasonably estimable information relevant to assessing the possible impact that the application of a new IFRS, that has been issued but is not yet effective, will have. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 8 -IssueDate 2017-01-01 -Paragraph 30 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=8&date=2017-03-01&anchor=para_30_b&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of interests in subsidiaries. [Refer: Subsidiaries [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2017-01-01 -Paragraph 2 -Subparagraph b -Clause i -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2017-03-01&anchor=para_2_b_i&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of expiration dates of the company's concessions and permits. + References No definition available. + Details
Name: | tv_ScheduleOfExpirationDatesOfConcessionsAndPermitsTableTextBlock
Namespace Prefix: | tv_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of intangible assets estimated useful lives. + References No definition available. + Details
Name: | tv_ScheduleOfIntangibleAssetsEstimatedUsefulLivesTableTextBlock
Namespace Prefix: | tv_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of property plant and equipment estimated useful lives. + References No definition available. + Details
Name: | tv_ScheduleOfPropertyPlantAndEquipmentEstimatedUsefulLivesTableTextBlock
Namespace Prefix: | tv_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | tv_SummaryOfSignificantAccountingPoliciesAbstract
Namespace Prefix: | tv_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration