Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of changes in intangible assets

	Intangible Assets with Indefinite Useful Lives																		Intangible Assets with Finite Useful Lives
Changes	Goodwill					Trademarks				Concessions				Trademarks					Concessions					Licenses				Subscriber Lists				Other Intangible Assets							Total
Cost:
January 1, 2016	Ps.	14,112,626				Ps.		782,958		Ps.	15,719,572			Ps.	1,891,306				Ps			—		Ps.		5,366,912		Ps.	6,207,405			Ps.	3,014,421						Ps.		47,095,200
Additions	—					—				—				—					—					2,112,768				—				676,322							2,789,090
Retirements	—					—				—				—					—					(1,026,954			)	—				(68,138						)	(1,095,092			)
Impairment adjustments	—					(6,851			)	—				—					—					—				—				—							(6,851			)
Transfers and reclassifications	—					—				—				—					—					(761			)	—				761							—
Effect of translation	—					165				—				—					—					52,485				(210			)	46,134							98,574

December 31, 2016	14,112,626					776,272				15,719,572				1,891,306					—					6,504,450				6,207,195				3,669,500							48,880,921
Additions	—					—				—				—					—					1,222,802				—				558,766							1,781,568
Retirements	—					(71,157			)	—				—					—					(257,513			)	—				(274,815						)	(603,485			)
Impairment adjustments	—					(89,597			)	—				—					—					—				—				—							(89,597			)
Transfers and reclassifications	—					—				(553,505			)	—					553,505					—				—				—							—
Effect of translation	—					(371			)	—				—					—					930				(3,320			)	(12,759						)	(15,520			)

December 31, 2017	Ps.			14,112,626		Ps.		615,147		Ps.	15,166,067			Ps.		1,891,306			Ps		553,505			Ps.		7,470,669		Ps.	6,203,875			Ps.					3,940,692		Ps.		49,953,887


Amortization:
January 1, 2016	Ps.				—	Ps.		—		Ps.		—		Ps.		(151,305		)	Ps			—		Ps.		(3,489,143	)	Ps.	(3,520,650		)	Ps.				(1,827,777		)	Ps.		(8,988,875	)
Amortization of the year	—					—				—				(472,827				)	—					(979,238			)	(960,716			)	(112,903						)	(2,525,684			)
Other amortization of the year(1)	—					—				—				—					—					—				—				(352,654						)	(352,654			)
Retirements	—					—				—				—					—					710,199				—				67,926							778,125
Effect of translation	—					—				—				—					—					(40,820			)	—				(16,242						)	(57,062			)

December 31, 2016	—					—				—				(624,132				)	—					(3,799,002			)	(4,481,366			)	(2,241,650						)	(11,146,150			)
Amortization of the year	—					—				—				(472,827				)	(110,701				)	(1,116,080			)	(926,676			)	(37,956						)	(2,664,240			)
Other amortization of the year	—					—				—				—					—					—				—				(504,674						)	(504,674			)
Retirements	—					—				—				—					—					236,111				—				3,351							239,462
Reclassifications	—					—				—				—					—					4,673				—				(4,673						)	—
Effect of translation	—					—				—				—					—					1,337				3,320				3,492							8,149

December 31, 2017	Ps.				—	Ps.		—		Ps.		—		Ps.		(1,096,959		)	Ps	(110,701			)	Ps.		(4,672,961	)	Ps.	(5,404,722		)	Ps.		(2,782,110				)	Ps.	(14,067,453		)

Carrying value:
At January 1, 2016	Ps.			14,112,626		Ps.		782,958		Ps.	15,719,572			Ps.		1,740,001			Ps.			—		Ps.		1,877,769		Ps.	2,686,755			Ps.	1,186,644						Ps.		38,106,325


At December 31, 2016	Ps.			14,112,626		Ps.		776,272		Ps.	15,719,572			Ps.		1,267,174			Ps.			—		Ps.		2,705,448		Ps.	1,725,829			Ps.	1,427,850						Ps.		37,734,771


At December 31, 2017	Ps.		14,112,626			Ps.	615,147			Ps.	15,166,067			Ps.			794,347		Ps.			442,804		Ps.	2,797,708			Ps.		799,153		Ps.			1,158,582				Ps.		35,886,434

(1)

Other amortization of the year relates primarily to amortization of soccer player rights, which is included in consolidated cost of sales.

Schedule of changes in net carrying amount of goodwill, indefinite-lived trademarks and concessions

	Balance as of January 1, 2017		Acquisitions		Retirements			Foreign Currency Translation Adjustments			Impairment Adjustments			Transfers			Balance as of December 31, 2017
Goodwill
Content	Ps.	241,973	Ps.	—	Ps.	—		Ps.	—		Ps.	—		Ps.	—		Ps.	241,973
Cable	13,793,684		—		—			—			—			—			13,793,684
Other Businesses	76,969		—		—			—			—			—			76,969

	Ps.	14,112,626	Ps.	—	Ps.	—		Ps.	—		Ps.	—		Ps.	—		Ps.	14,112,626


Indefinite-lived trademarks (see Note 3):
Cable	Ps.	368,603	Ps.	—	Ps.	—		Ps.	—		Ps.	—		Ps.	—		Ps.	368,603
Other Businesses	407,669		—		(71,157		)	(371		)	(89,597		)	—			246,544

	Ps.	776,272	Ps.	—	Ps.	(71,157	)	Ps.	(371	)	Ps.	(89,597	)	Ps.	—		Ps.	615,147


Indefinite-lived concessions (see Note 3):
Content	Ps.	553,505	Ps.	—	Ps.	—		Ps.	—		Ps.	—		Ps.	(553,505	)	Ps.	—
Cable	15,070,025		—		—			—			—			—			15,070,025
Sky	96,042		—		—			—			—			—			96,042

	Ps.	15,719,572	Ps.	—	Ps.	—		Ps.	—		Ps.	—		Ps.	(553,505	)	Ps.	15,166,067

	Balance as of January 1, 2016		Acquisitions		Retirements		Foreign Currency Translation Adjustments		Impairment Adjustments			Transfers		Balance as of December 31, 2016
Goodwill
Content	Ps.	241,973	Ps.	—	Ps.	—	Ps.	—	Ps.	—		Ps.	—	Ps.	241,973
Cable	13,793,684		—		—		—		—			—		13,793,684
Other Businesses	76,969		—		—		—		—			—		76,969

	Ps.	14,112,626	Ps.	—	Ps.	—	Ps.	—	Ps.	—		Ps.	—	Ps.	14,112,626


Indefinite-lived trademarks (see Note 3):
Cable	Ps.	368,603	Ps.	—	Ps.	—	Ps.	—	Ps.	—		Ps.	—	Ps.	368,603
Other Businesses	414,355		—		—		165		(6,851		)	—		407,669

	Ps.	782,958	Ps.	—	Ps.	—	Ps.	165	Ps.	(6,851	)	Ps.	—	Ps.	776,272


Indefinite-lived concessions (see Note 3):
Content	Ps.	553,505	Ps.	—	Ps.	—	Ps.	—	Ps.	—		Ps.	—	Ps.	553,505
Cable	15,070,025		—		—		—		—			—		15,070,025
Sky	96,042		—		—		—		—			—		96,042

	Ps.	15,719,572	Ps.	—	Ps.	—	Ps.	—	Ps.	—		Ps.	—	Ps.	15,719,572

Schedule of fair value calculations of goodwill and intangible assets

The key assumptions used for fair value calculations of goodwill and intangible assets in 2017 were as follows (see Note 14):

	Other Business				Cable
	Minimum		Maximum		Minimum		Maximum
Long-term growth rate	2.30	%	3.70	%	2.40	%	2.40	%
Discount rate	12.30	%	14.80	%	10.00	%	12.50	%

The key assumptions used for fair value calculations of goodwill and intangible assets in 2016 were as follows (see Note 14):

	Other Business				Cable
	Minimum		Maximum		Minimum		Maximum
Long-term growth rate	3.20	%	4.70	%	2.90	%	2.90	%
Discount rate	12.70	%	17.30	%	9.60	%	11.60	%

Schedule of intangible assets amortization expense

Assuming a useful life of four years, amortization of these trademarks in future years is estimated in the following amounts:

	Year ended December 31,
2018	Ps.	472,827
2019	321,520

	Year ended December 31,
2018	Ps.	110,701
2019	110,701
2020	110,701
2021	110,701