Segment Information (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of information by segment and a reconciliation to consolidated total

	Total Revenues			Intersegment Revenues				Consolidated Revenues		Segment Income
2017:
Content	Ps.	33,997,220		Ps.		2,445,233		Ps.	31,551,987	Ps	12,825,259
Sky	22,196,629			127,129				22,069,500		10,106,623
Cable	33,048,310			225,755				32,822,555		14,034,796
Other Businesses	8,376,270			546,077				7,830,193		490,106

Segment totals	97,618,429			3,344,194				94,274,235		37,456,784
Reconciliation to consolidated amounts:
Eliminations and corporate expenses	(3,344,194		)	(3,344,194			)	—		(2,290,974		)
Depreciation and amortization expense	—			—				—		(18,536,274		)

Consolidated net sales and income before other expense	94,274,235			—				94,274,235		16,629,536		(1)
Other expense, net	—			—				—		(2,386,334		)

Consolidated net sales and operating income	Ps.	94,274,235		Ps.	—			Ps.	94,274,235	Ps.	14,243,202	(2)

	Total Revenues			Intersegment Revenues			Consolidated Revenues		Segment Income
2016:
Content	Ps.	36,686,676		Ps.	2,314,419		Ps.	34,372,257	Ps.	14,748,037
Sky	21,941,247			70,954			21,870,293		9,898,516
Cable	31,891,616			162,364			31,729,252		13,236,117
Other Businesses	8,828,248			512,687			8,315,561		1,040,571

Segment totals	99,347,787			3,060,424			96,287,363		38,923,241
Reconciliation to consolidated amounts:
Eliminations and corporate expenses	(3,060,424		)	(3,060,424		)	—		(2,207,927		)
Depreciation and amortization expense	—			—			—		(16,979,833		)

Consolidated net sales and income before other expense	96,287,363			—			96,287,363		19,735,481		(1)
Other expense, net	—			—			—		(3,137,384		)

Consolidated net sales and operating income	Ps.	96,287,363		Ps.	—		Ps.	96,287,363	Ps.	16,598,097	(2)

	Total Revenues			Intersegment Revenues			Consolidated Revenues		Segment Income
2015:
Content	Ps.	34,332,572		Ps.	1,462,004		Ps.	32,870,568	Ps.	14,564,225
Sky	19,253,526			107,197			19,146,329		8,972,258
Cable(3)	28,488,313			148,887			28,339,426		11,405,556
Other Businesses	8,124,337			428,831			7,695,506		753,340

Segment totals	90,198,748			2,146,919			88,051,829		35,695,379
Reconciliation to consolidated amounts:
Eliminations and corporate expenses	(2,146,919		)	(2,146,919		)	—		(1,960,848		)
Depreciation and amortization expense	—			—			—		(14,660,929		)

Consolidated net sales and income before other expense	88,051,829			—			88,051,829		19,073,602		(1)
Other expense, net	—			—			—		(328,477		)

Consolidated net sales and operating income	Ps.	88,051,829		Ps.	—		Ps.	88,051,829	Ps.	18,745,125	(2)

(1)

This amount represents income before other expense, net.

(2)

This amount represents consolidated operating income.

(3)

In 2015, Telecable contributed total revenues and segment income to the Group’s Cable segment for the year ended December 31, 2015, in the amount of Ps.2,106,706 and Ps.1,022,994, respectively, as the Group began to consolidate the Telecable results of operations beginning in January 2015 (see Note 3).

Schedule of segment information about assets, liabilities, and additions to property, plant and equipment

	Segment Assets at Year-End		Segment Liabilities at Year-End		Additions to Property, Plant and Equipment
2017:
Continuing operations:
Content	Ps.	96,867,918	Ps.	44,129,769	Ps.	1,627,250
Sky	27,977,530		13,333,944		4,020,282
Cable	89,803,959		22,675,417		10,615,147
Other Businesses	10,350,464		3,261,984		496,887

Total	Ps.	224,999,871	Ps.	83,401,114	Ps.		16,759,566


2016:
Continuing operations:
Content	Ps.	112,639,928	Ps.	50,758,643	Ps.	2,677,448
Sky	28,359,148		14,227,757		6,297,131
Cable	86,194,625		25,624,966		18,450,446
Other Businesses	10,518,818		3,529,459		516,560

Total	Ps.	237,712,519	Ps.	94,140,825	Ps.	27,941,585


2015:
Continuing operations:	.
Content	Ps.	113,461,639	Ps.	43,668,182	Ps.		2,641,189
Sky	25,199,299		9,190,384		5,561,502
Cable	66,971,510		18,222,294		17,166,959
Other Businesses	11,375,305		3,169,793		333,419

Total	Ps.	217,007,753	Ps.	74,250,653	Ps.	25,703,069

Schedule of segment assets reconciliation to total assets

	2017		2016
Segment assets	Ps.	224,999,871	Ps.	237,712,519
Investments attributable to:
Content (1)	57,206,369		56,500,230
Cable	721,076		728,775
Other Businesses	180,159		—
Goodwill attributable to:
Content	241,973		241,973
Cable	13,793,684		13,793,684
Other Businesses	76,969		76,969

Total assets	Ps.	297,220,101	Ps.	309,054,150

(1)

Includes goodwill attributable to equity investments of Ps.359,613 in 2017 and 2016 (see Note 10).

Schedule of segment liabilities reconciliation to total liabilities

	2017		2016
Segment liabilities	Ps.	83,401,114	Ps.	94,140,825
Debt not allocated to segments	114,162,073		118,628,925

Total liabilities	Ps.	197,563,187	Ps.	212,769,750

Schedule of geographical segment information

Geographical segment information:

	Total Net Sales		Segment Assets at Year-End		Additions to Property, Plant and Equipment
2017:
Mexico	Ps.	81,308,749	Ps.	219,206,662	Ps.	16,709,852
Other countries	12,965,486		5,793,209		49,714

	Ps.	94,274,235	Ps.	224,999,871	Ps.	16,759,566


2016:
Mexico	Ps.	82,340,312	Ps.	229,472,576	Ps.	27,836,033
Other countries	13,947,051		8,239,943		105,552

	Ps.	96,287,363	Ps.	237,712,519	Ps.	27,941,585


2015:
Mexico	Ps.	75,926,603	Ps.	208,022,938	Ps.	25,290,033
Other countries	12,125,226		8,984,815		413,036

	Ps.	88,051,829	Ps.	217,007,753	Ps.	25,703,069

Net sales are attributed to geographical segment based on the location of customers.

Disaggregation of Total Revenues

The table below present total revenues for each reportable segment disaggregated by major service/product lines and primary geographical market for the years ended December 31, 2017, 2016 and 2015:

	Domestic			Export		Abroad			Total
2017:
Content:
Advertising	Ps.	20,366,184		Ps.	262,734	Ps.	90,164		Ps.	20,719,082
Network Subscription Revenue	2,704,998			1,353,090		—			4,058,088
Licensing and Syndication	949,440			8,270,610		—			9,220,050

Sky:
DTH Broadcast Satellite TV (a)	19,810,392			—		1,534,681			21,345,073
Advertising	651,689			—		—			651,689
Pay-Per-View	199,867			—		—			199,867

Cable:
Digital TV Service (a)	12,978,715			—		—			12,978,715
Advertising	817,330			—		—			817,330
Broadband Services (a)	11,357,448			—		—			11,357,448
Telephony (a)	2,944,263			—		—			2,944,263
Other Services	522,003			—		—			522,003
Telecommunications Networks	4,173,146			—		255,405			4,428,551

Other Businesses:
Gaming	2,852,013			—		—			2,852,013
Soccer, Sports and Show Business Promotion	1,447,731			118,424		—			1,566,155
Publishing - Magazines	460,045			—		366,897			826,942
Publishing - Advertising	614,478			—		454,886			1,069,364
Publishing Distribution	286,500			—		62,177			348,677
Radio - Advertising	851,140			—		—			851,140
Feature Film Production and Distribution	647,730			45,250		168,999			861,979

Segment total	84,635,112			10,050,108		2,933,209			97,618,429
Intersegment eliminations	(3,326,363		)	—		(17,831		)	(3,344,194		)

Consolidated total revenues	Ps.	81,308,749		Ps.	10,050,108	Ps.	2,915,378		Ps.	94,274,235

	Domestic			Export		Abroad			Total
2016:
Content:
Advertising	Ps.	22,636,449		Ps.	376,106	Ps.	210,638		Ps.	23,223,193
Network Subscription Revenue	3,079,041			1,320,300		—			4,399,341
Licensing and Syndication	711,468			8,352,674		—			9,064,142

Sky:
DTH Broadcast Satellite TV (a)	19,627,851			—		1,637,774			21,265,625
Advertising	412,512			—		—			412,512
Pay-Per-View	263,110			—		—			263,110

Cable:
Digital TV Service (a)	13,051,572			—		—			13,051,572
Advertising	678,816			—		—			678,816
Broadband Services (a)	9,709,197			—		—			9,709,197
Telephony (a)	3,103,765			—		—			3,103,765
Other Services	561,386			—		—			561,386
Telecommunications Networks	4,409,366			—		377,514			4,786,880

Other Businesses:
Gaming	2,653,990			—		—			2,653,990
Soccer, Sports and Show Business Promotion	1,581,705			220,319		—			1,802,024
Publishing - Magazines	535,478			—		480,101			1,015,579
Publishing - Advertising	769,009			—		691,501			1,460,510
Publishing Distribution	318,924			—		81,645			400,569
Radio - Advertising	814,176			—		—			814,176
Feature Film Production and Distribution	463,761			50,762		166,877			681,400

Segment total	85,381,576			10,320,161		3,646,050			99,347,787
Intersegment eliminations	(3,041,264		)	—		(19,160		)	(3,060,424		)

Consolidated total revenues	Ps.	82,340,312		Ps.	10,320,161	Ps.	3,626,890		Ps.	96,287,363

	Domestic			Export		Abroad			Total
2015:
Content:
Advertising	Ps.	22,503,689		Ps.	344,215	Ps.	181,418		Ps.	23,029,322
Network Subscription Revenue	2,526,170			1,069,210		—			3,595,380
Licensing and Syndication	751,686			6,956,184		—			7,707,870

Sky:
DTH Broadcast Satellite TV(a)	17,419,980			—		1,310,710			18,730,690
Advertising	319,585			—		—			319,585
Pay-Per-View	203,251			—		—			203,251

Cable:
Digital TV Service (a)	12,203,074			—		—			12,203,074
Advertising	606,612			—		—			606,612
Broadband Services (a)	7,617,723			—		—			7,617,723
Telephony (a)	3,202,670			—		—			3,202,670
Other Services	441,967			—		—			441,967
Telecommunications Networks	3,989,715			—		426,552			4,416,267

Other Businesses:
Gaming	2,367,190			—		—			2,367,190
Soccer, Sports and Show Business Promotion	1,132,314			129,374		—			1,261,688
Publishing - Magazines	533,520			—		606,144			1,139,664
Publishing - Advertising	665,296			—		809,882			1,475,178
Publishing Distribution	228,345			—		89,987			318,332
Radio - Advertising	786,735			—		—			786,735
Feature Film Production and Distribution	558,738			22,295		194,517			775,550

Segment total	78,058,260			8,521,278		3,619,210			90,198,748
Intersegment eliminations	(2,131,657		)	—		(15,262		)	(2,146,919		)

Consolidated total revenues	Ps.	75,926,603		Ps.	8,521,278	Ps.	3,603,948		Ps.	88,051,829

(a)

DTH Broadcast Satellite TV revenues include revenue from leasing set-top equipment to subscribers in the Sky segment in the amount of Ps.9,894,292, Ps.9,266,056 and Ps.8,226,584, for the years ended December 31, 2017, 2016 and 2015, respectively, Digital TV Service revenues include revenue from leasing set-top equipment to subscribers in the Cable segment in the amount of Ps.3,062,826, Ps.3,072,701 and Ps.2,674,947, for the years ended December 31, 2017, 2016 and 2015, respectively. Revenue from leasing set-top equipment to subscribers is recognized when services are rendered to such subscribers. Set-top equipment is part of the Group’s property and equipment and is leased to subscribers through operating lease contracts.

Schedule of net sales from external customers

	2017		2016		2015
Services	Ps.	70,408,764	Ps.	72,915,848	Ps.	67,452,100
Royalties	8,533,751		8,526,197		7,097,435
Goods	2,133,122		2,317,315		2,415,371
Leases (1)	13,198,598		12,528,003		11,086,923

Total	Ps.	94,274,235	Ps.	96,287,363	Ps.	88,051,829

(1)

This line includes primarily revenue from leasing set-top equipment to subscribers in the Sky and Cable segments, which is recognized when services are rendered to such subscribers. Set-top equipment is part of the Group’s property and equipment and is leased to subscribers through operating lease contracts.