XML 70 R51.htm IDEA: XBRL DOCUMENT
v3.21.1

Post-employment Benefits (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Post-employment Benefits |
Schedule of actuarial assumptions-present value of defined benefit obligations |
|  | 2020 |  | 2019 |
Discount rate |  | 6.6 | % | 7.0 | %
Salary increase |  | 5.0 | % | 5.0 | %
Inflation rate |  | 3.5 | % | 3.5 | %
Schedule of reconciliation between defined benefit obligations and post-employment benefit liability (asset) | The reconciliation between defined benefit obligations and post-employment benefit liability (asset) in the consolidated statements of financial position as of December 31, 2020 and 2019, is presented as follows:
|  |  |  |  | Seniority |  |  |
|  | Pensions |  | Premiums |  | 2020
Vested benefit obligations |  | Ps. | 556,619 |  | Ps. | 376,122 |  | Ps. | 932,741
Unvested benefit obligations |  |  | 2,077,506 |  |  | 266,153 |  |  | 2,343,659
Defined benefit obligations |  |  | 2,634,125 |  |  | 642,275 |  |  | 3,276,400
Fair value of plan assets |  |  | 909,324 |  |  | 286,425 |  |  | 1,195,749
Underfunded status of the plan assets |  |  | 1,724,801 |  |  | 355,850 |  |  | 2,080,651
Post-employment benefit liability |  | Ps. | 1,724,801 |  | Ps. | 355,850 |  | Ps. | 2,080,651
|  |  |  |  | Seniority |  |  |
|  | Pensions |  | Premiums |  | 2019
Vested benefit obligations |  | Ps. | 449,752 |  | Ps. | 338,962 |  | Ps. | 788,714
Unvested benefit obligations |  |  | 1,890,108 |  |  | 168,786 |  |  | 2,058,894
Defined benefit obligations |  |  | 2,339,860 |  |  | 507,748 |  |  | 2,847,608
Fair value of plan assets |  |  | 1,051,076 |  |  | 328,420 |  |  | 1,379,496
Underfunded status of the plan assets |  |  | 1,288,784 |  |  | 179,328 |  |  | 1,468,112
Post-employment benefit liability |  | Ps. | 1,288,784 |  | Ps. | 179,328 |  | Ps. | 1,468,112
Schedule of net periodic pension and seniority premium cost |
|  | 2020 |  | 2019
Service cost |  | Ps. | 148,987 |  | Ps. | 131,662
Interest cost |  |  | 187,470 |  |  | 193,344
Prior service cost for plan amendments |  |  | 40,542 |  |  | 46,846
Interest on plan assets |  |  | (84,973) |  |  | (112,788)
Net periodic cost |  | Ps. | 292,026 |  | Ps. | 259,064
Schedule of defined benefit obligations, plan assets and funded status |
|  |  |  |  | Seniority |  |  |  |  |  |
|  | Pensions |  | Premiums |  | 2020 |  | 2019
Defined benefit obligations: |  |  |  |  |  |  |  |  |  |  |  |
Beginning of year |  | Ps. | 2,339,860 |  | Ps. | 507,748 |  | Ps. | 2,847,608 |  | Ps. | 2,477,527
Service cost |  |  | 90,045 |  |  | 58,942 |  |  | 148,987 |  |  | 131,662
Interest cost |  |  | 150,253 |  |  | 37,217 |  |  | 187,470 |  |  | 193,344
Benefits paid |  |  | (154,542) |  |  | (66,642) |  |  | (221,184) |  |  | (215,474)
Remeasurement of post-employment benefit obligations |  |  | 198,995 |  |  | 73,982 |  |  | 272,977 |  |  | 213,703
Past service cost |  |  | 9,514 |  |  | 31,028 |  |  | 40,542 |  |  | 46,846
End of year |  |  | 2,634,125 |  |  | 642,275 |  |  | 3,276,400 |  |  | 2,847,608
Fair value of plan assets: |  |  |  |  |  |  |  |  |  |  |  |
Beginning of year |  |  | 1,051,076 |  |  | 328,420 |  |  | 1,379,496 |  |  | 1,515,030
Return on plan assets |  |  | 63,478 |  |  | 21,495 |  |  | 84,973 |  |  | 112,788
Contributions |  |  | 600 |  |  | — |  |  | 600 |  |  | —
Remeasurement on plan assets |  |  | (51,288) |  |  | (20,048) |  |  | (71,336) |  |  | (33,389)
Benefits paid |  |  | (154,542) |  |  | (43,442) |  |  | (197,984) |  |  | (214,933)
End of year |  |  | 909,324 |  |  | 286,425 |  |  | 1,195,749 |  |  | 1,379,496
Unfunded status by the plan assets |  | Ps. | 1,724,801 |  | Ps. | 355,850 |  | Ps. | 2,080,651 |  | Ps. | 1,468,112
Schedule of post-employment benefits | The changes in the net post-employment liability (asset) in the consolidated statements of financial position as of December 31, 2020 and 2019, are as follows:
|  |  |  |  | Seniority |  |  |  |  |  |
|  | Pensions |  | Premiums |  | 2020 |  | 2019
Beginning of net post-employment liability (asset) |  | Ps. | 1,288,784 |  | Ps. | 179,328 |  | Ps. | 1,468,112 |  | Ps. | 962,497
Net periodic cost |  |  | 186,334 |  |  | 105,692 |  |  | 292,026 |  |  | 259,064
Contributions |  |  | (600) |  |  | — |  |  | (600) |  |  | —
Remeasurement of post-employment benefits |  |  | 250,283 |  |  | 94,030 |  |  | 344,313 |  |  | 247,092
Benefits paid |  |  | — |  |  | (23,200) |  |  | (23,200) |  |  | (541)
Ending net post-employment liability |  | Ps. | 1,724,801 |  | Ps. | 355,850 |  | Ps. | 2,080,651 |  | Ps. | 1,468,112
The post-employment benefits as of December 31, 2020 and 2019 and remeasurements adjustments for the years ended December 31, 2020 and 2019, are summarized as follows:
|  | 2020 |  | 2019
Pensions: |  |  |  |  |  |
Defined benefit obligations |  | Ps. | 2,634,125 |  | Ps. | 2,339,860
Plan assets |  |  | 909,324 |  |  | 1,051,076
Unfunded status of plans |  |  | 1,724,801 |  |  | 1,288,784
Remeasurements adjustments (1) |  |  | 250,283 |  |  | 183,002
Seniority premiums: |  |  |  |  |  |
Defined benefit obligations |  | Ps. | 642,275 |  | Ps. | 507,748
Plan assets |  |  | 286,425 |  |  | 328,420
Unfunded status of plans |  |  | 355,850 |  |  | 179,328
Remeasurements adjustments (1) |  |  | 94,030 |  |  | 64,090
| (1) |  | On defined benefit obligations and plan assets.
Schedule of plan asset allocation |
|  | 2020 |  | 2019 |
Equity securities (1) |  | 28.8 | % | 28.6 | %
Fixed rate instruments |  | 71.2 | % | 71.4 | %
Total |  | 100.0 | % | 100.0 | %
| (1) |  | Included within plan assets at December 31, 2020 and 2019, are shares of the Company held by the trust with a fair value of Ps.101,690 and Ps.136,963, respectively.
Schedule of plan assets measured at fair value | The following table summarizes the Group’s plan assets measured at fair value on a recurring basis as of December 31, 2020 and 2019:
|  |  |  |  | Quoted Prices in |  | Internal Models |  | Internal Models
|  | Balance as of |  | Active Markets |  | with Significant |  | with Significant
|  | December 31, |  | for Identical |  | Observable |  | Unobservable
|  | 2020 |  | Assets (Level 1) |  | Inputs (Level 2) |  | Inputs (Level 3)
Common Stocks (1) |  | Ps. | 101,690 |  | Ps. | 101,690 |  | Ps. | — |  | Ps. | —
Mutual funds (fixed rate instruments) (2) |  |  | 231,837 |  |  | 231,837 |  |  | — |  |  | —
Money market securities (3) |  |  | 607,658 |  |  | 607,658 |  |  | — |  |  | —
Other equity securities |  |  | 254,564 |  |  | 254,564 |  |  | — |  |  | —
Total investment assets |  | Ps. | 1,195,749 |  | Ps. | 1,195,749 |  | Ps. | — |  | Ps. | —
|  |  |  |  | Quoted Prices in |  | Internal Models |  | Internal Models
|  | Balance as of |  | Active Markets |  | with Significant |  | with Significant
|  | December 31, |  | for Identical |  | Observable |  | Unobservable
|  | 2019 |  | Assets (Level 1) |  | Inputs (Level 2) |  | Inputs (Level 3)
Common Stocks (1) |  | Ps. | 136,963 |  | Ps. | 136,963 |  | Ps. | — |  | Ps. | —
Mutual funds (fixed rate instruments) (2) |  |  | 218,269 |  |  | 218,269 |  |  | — |  |  | —
Money market securities (3) |  |  | 766,181 |  |  | 766,181 |  |  | — |  |  | —
Other equity securities |  |  | 258,083 |  |  | 258,083 |  |  | — |  |  | —
Total investment assets |  | Ps. | 1,379,496 |  | Ps. | 1,379,496 |  | Ps. | — |  | Ps. | —
| (1) |  | Common stocks are valued at the closing price reported on the active market on which the individual securities are traded. All common stock included in this line item relate to the Company’s CPOs.
| (2) |  | Mutual funds consist of fixed rate instruments. These are valued at the net asset value provided by the administrator of the fund.
| (3) |  | Money market securities consist of government debt securities, which are valued based on observable prices from the new issue market, benchmark quotes, secondary trading and dealer quotes.
Schedule of the weighted average durations of the defined benefit plans |
|  | 2020 |  | 2019 |
Seniority Premiums |  | 8.6 years |  | 8.2 years |
Pensions |  | 5.7 years |  | 7.0 years |

X
- Definition The disclosure of additional information about defined benefit plans necessary to meet the objectives of IAS 19. [Refer: Defined benefit plans [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2020-01-01 -Paragraph 137 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2020-en-r&anchor=para_137&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfAdditionalInformationAboutDefinedBenefitPlansExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of an analysis of the present value of a defined benefit obligation that distinguishes the nature, characteristics and risks of the obligation. Such a disclosure could distinguish: (a) between amounts owing to active members, deferred members, and pensioners; (b) between vested benefits and accrued but not vested benefits; and (c) between conditional benefits, amounts attributable to future salary increases and other benefits. [Refer: Defined benefit obligation, at present value] + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name IAS -Number 19 -IssueDate 2020-01-01 -Paragraph 137 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2020-en-r&anchor=para_137&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfAnalysisOfPresentValueOfDefinedBenefitObligationThatDistinguishesNatureCharacteristicsAndRisksExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition The disclosure of defined benefit plans. [Refer: Defined benefit plans [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2020-01-01 -Paragraph 138 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2020-en-r&anchor=para_138&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the fair value of defined benefit plan assets. [Refer: Plan assets [member]; Defined benefit plans [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2020-01-01 -Paragraph 142 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2020-en-r&anchor=para_142&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of information about the maturity profile of a defined benefit obligation. This will include the weighted average duration of the defined benefit obligation and may include other information about the distribution of the timing of benefit payments, such as a maturity analysis of the benefit payments. [Refer: Defined benefit obligation, at present value] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2020-01-01 -Paragraph 147 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2020-en-r&anchor=para_147_c&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfInformationAboutMaturityProfileOfDefinedBenefitObligationExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of a net defined benefit liability (asset). [Refer: Net defined benefit liability (asset)] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2020-01-01 -Paragraph 140 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2020-en-r&anchor=para_140_a&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of a sensitivity analysis for significant actuarial assumptions used to determine the present value of a defined benefit obligation. [Refer: Actuarial assumptions [member]; Defined benefit obligation, at present value] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2020-01-01 -Paragraph 145 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2020-en-r&anchor=para_145&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. + References No definition available. + Details
Name: | tv_IfrsScheduleOfAllocationOfPlanAssetsTableTextBlock
Namespace Prefix: | tv_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration