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Segment Information | 12 Months Ended
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Dec. 31, 2020
Segment Information |
Segment Information | 26.Segment Information Reportable segments are those that are based on the Group’s method of internal reporting. The Group is organized on the basis of services and products. The Group’s segments are strategic business units that offer different entertainment services and products. The Group’s reportable segments are as follows: Cable The Cable segment includes the operation of cable multiple systems covering the Mexico City metropolitan area, Monterrey and suburban areas, and over 200 other cities of Mexico; and the operation of telecommunication facilities through a fiber-optic network that covers the most important cities and economic regions of Mexico and the cities of San Antonio and San Diego in the United States (Bestel). The cable multiple system businesses derive revenues from cable subscribers, principally from basic and premium television services subscription, pay- per-view fees, installation fees, Internet services subscription, telephone and mobile services subscription as well as from local and national advertising sales. The telecommunication facilities business derives revenues from providing data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network. Sky The Sky segment includes DTH broadcast satellite pay television services in Mexico, Central America and the Dominican Republic. Sky revenues are primarily derived from program services, installation fees and equipment rental to subscribers, and national advertising sales. Content The Content segment categorizes the Group’s sources of content revenue as follows: (a) Advertising; (b) Network Subscription Revenue; and (c) Licensing and Syndication. Given the cost structure of the Group’s Content business, operating segment income is reported as a single line item. The Advertising revenue is derived primarily from the sale of advertising time on the Group’s television broadcast operations, which include the production of television programming and broadcasting of Channels 2, 4, 5 and 9 (“television networks”), as well as the sale of advertising time on programs provided to pay television companies in Mexico and advertising revenue in the Group’s Internet business and the production of television programming and broadcasting for local television stations in Mexico. The broadcasting of television networks is performed by television repeater stations in Mexico, which are wholly-owned, majority-owned or minority-owned by the Group or otherwise affiliated with the Group’s networks. The Network Subscription revenue is derived from domestic and international programming services provided to independent cable television systems in Mexico and the Group’s direct-to-home (“DTH”) satellite and cable television businesses. These programming services for cable and pay-per- view television companies are provided in Mexico, other countries in Latin America, the United States and Europe. The programming services consist of both programming produced by the Group and programming produced by others. The Licensing and Syndication revenue is derived from international program licensing and syndication fees. The Group’s television programming is licensed and syndicated to customers abroad, including Univision. Other Businesses The Other Businesses segment includes the Group’s domestic operations in sports and show business promotion, soccer, feature film production and distribution, gaming, publishing and publishing distribution . Through the third quarter of 2019, the Radio business was classified in the Group's Other Businesses segment. Beginning in the fourth quarter of 2019, the Radio operating results were classified as held-for-sale operations through June 30, 2020, and as disposed operations following the disposition of this business in July 2020 (see Notes 2 (b) and 3). The table below presents information by segment and a reconciliation to consolidated total for the years ended December 31, 2020, 2019 and 2018:
|  |  |  |  | Intersegment |  | Consolidated |  | Segment |
|  | Total Revenues |  | Revenues |  | Revenues |  | Income |
2020: |  |  |  |  |  |  |  |  |  |  |  |  |
Cable |  | Ps. | 45,367,108 |  | Ps. | 710,357 |  | Ps. | 44,656,751 |  | Ps. | 18,898,301 |
Sky |  |  | 22,134,701 |  |  | 581,270 |  |  | 21,553,431 |  |  | 9,135,346 |
Content |  |  | 32,613,007 |  |  | 4,679,805 |  |  | 27,933,202 |  |  | 12,360,797 |
Other Businesses |  |  | 4,276,074 |  |  | 1,281,096 |  |  | 2,994,978 |  |  | 116,480 |
Segment totals |  |  | 104,390,890 |  |  | 7,252,528 |  |  | 97,138,362 |  |  | 40,510,924 |
Reconciliation to consolidated amounts: |  |  |  |  |  |  |  |  |  |  |  |  |
Disposed operations (see Note 3) |  |  | 223,272 |  |  | — |  |  | 223,272 |  |  | (3,991) |
Eliminations and corporate expenses |  |  | (7,252,528) |  |  | (7,252,528) |  |  | — |  |  | (1,954,406) |
Depreciation and amortization expense |  |  | — |  |  | — |  |  | — |  |  | (21,260,787) |
Consolidated net sales and income before other income |  |  | 97,361,634 |  |  | — |  |  | 97,361,634 |  |  | 17,291,740 | (1)
Other income, net |  |  | — |  |  | — |  |  | — |  |  | 233,628 |
Consolidated net sales and operating income |  | Ps. | 97,361,634 |  | Ps. | — |  | Ps. | 97,361,634 |  | Ps. | 17,525,368 | (2)
|  |  |  |  | Intersegment |  | Consolidated |  | Segment |
|  | Total Revenues |  | Revenues |  | Revenues |  | Income |
2019: |  |  |  |  |  |  |  |  |  |  |  |  |
Cable |  | Ps. | 41,701,982 |  | Ps. | 591,618 |  | Ps. | 41,110,364 |  | Ps. | 17,797,571 |
Sky |  |  | 21,347,078 |  |  | 437,275 |  |  | 20,909,803 |  |  | 9,121,221 |
Content |  |  | 35,060,534 |  |  | 3,589,407 |  |  | 31,471,127 |  |  | 12,649,135 |
Other Businesses |  |  | 8,200,212 |  |  | 772,793 |  |  | 7,427,419 |  |  | 1,464,249 |
Segment totals |  |  | 106,309,806 |  |  | 5,391,093 |  |  | 100,918,713 |  |  | 41,032,176 |
Reconciliation to consolidated amounts: |  |  |  |  |  |  |  |  |  |  |  |  |
Disposed operations (see Note 3) |  |  | 841,437 |  |  | 2,969 |  |  | 838,468 |  |  | 258,885 |
Eliminations and corporate expenses |  |  | (5,394,062) |  |  | (5,394,062) |  |  | — |  |  | (1,960,648) |
Depreciation and amortization expense |  |  | — |  |  | — |  |  | — |  |  | (21,008,796) |
Consolidated net sales and income before other expense |  |  | 101,757,181 |  |  | — |  |  | 101,757,181 |  |  | 18,321,617 | (1)
Other expense, net |  |  | — |  |  | — |  |  | — |  |  | (1,316,587) |
Consolidated net sales and operating income |  | Ps. | 101,757,181 |  | Ps. | — |  | Ps. | 101,757,181 |  | Ps. | 17,005,030 | (2)
|  |  |  |  | Intersegment |  | Consolidated |  | Segment |
|  | Total Revenues |  | Revenues |  | Revenues |  | Income |
2018: |  |  |  |  |  |  |  |  |  |  |  |  |
Cable |  | Ps. | 36,233,042 |  | Ps. | 560,186 |  | Ps. | 35,672,856 |  | Ps. | 15,302,500 |
Sky |  |  | 22,002,216 |  |  | 420,979 |  |  | 21,581,237 |  |  | 9,767,329 |
Content |  |  | 39,223,668 |  |  | 3,162,091 |  |  | 36,061,577 |  |  | 14,855,109 |
Other Businesses (3) |  |  | 7,715,489 |  |  | 661,422 |  |  | 7,054,067 |  |  | 410,486 |
Segment totals |  |  | 105,174,415 |  |  | 4,804,678 |  |  | 100,369,737 |  |  | 40,335,424 |
Reconciliation to consolidated amounts: |  |  |  |  |  |  |  |  |  |  |  |  |
Disposed operations (see Note 3) |  |  | 920,009 |  |  | 7,413 |  |  | 912,596 |  |  | 343,799 |
Eliminations and corporate expenses |  |  | (4,812,091) |  |  | (4,812,091) |  |  | — |  |  | (2,154,747) |
Depreciation and amortization expense |  |  | — |  |  | — |  |  | — |  |  | (19,834,202) |
Consolidated net sales and income before other income |  |  | 101,282,333 |  |  | — |  |  | 101,282,333 |  |  | 18,690,274 | (1)
Other income, net |  |  | — |  |  | — |  |  | — |  |  | 1,562,284 |
Consolidated net sales and operating income |  | Ps. | 101,282,333 |  | Ps. | — |  | Ps. | 101,282,333 |  | Ps. | 20,252,558 | (2)
| (1) |  | This amount represents income before other income or expense, net.
| (2) |  | This amount represents consolidated operating income.
| (3) |  | In 2018, the Radio operations were previously reported as part of the Other Businesses segment. In 2020, the Radio operations for 2019 and 2018, were classified as disposed operations for comparison purposes.
Accounting Policies The accounting policies of the segments are the same as those described in the Group’s summary of significant accounting policies (see Note 2). The Group evaluates the performance of its segments and allocates resources to them based on operating income before depreciation and amortization. Intersegment Revenue Intersegment revenue consists of revenues derived from each of the segments principal activities as provided to other segments. The Group accounts for intersegment revenues as if the revenues were from third parties, that is, at current market prices. Allocation of Corporate Expenses Non-allocated corporate expenses primarily include share-based compensation expense for certain key officers and employees in connection with the Company’s LTRP, as well as other general expenses that because of their nature and characteristics are not subject to be allocated within the Group’s business segments. The table below presents segment information about assets, liabilities, and additions to property, plant and equipment as of and for the years ended December 31, 2020, 2019 and 2018:
|  |  |  |  | Segment |  | Additions to
|  | Segment Assets |  | Liabilities |  | Property, Plant
|  | at Year-End |  | at Year-End |  | and Equipment
2020: |  |  |  |  |  |  |  |  |
Continuing operations: |  |  |  |  |  |  |  |  |
Cable |  | Ps. | 112,478,015 |  | Ps. | 22,295,808 |  | Ps. | 14,182,848
Sky |  |  | 26,423,707 |  |  | 10,696,397 |  |  | 5,361,494
Content |  |  | 80,237,558 |  |  | 27,427,941 |  |  | 479,731
Other Businesses |  |  | 8,177,183 |  |  | 3,936,289 |  |  | 107,665
Total |  | Ps. | 227,316,463 |  | Ps. | 64,356,435 |  | Ps. | 20,131,738
2019: |  |  |  |  |  |  |  |  |
Continuing operations: |  |  |  |  |  |  |  |  |
Cable |  | Ps. | 105,841,104 |  | Ps. | 21,637,395 |  | Ps. | 12,995,448
Sky |  |  | 27,755,967 |  |  | 12,902,845 |  |  | 4,039,020
Content |  |  | 78,336,679 |  |  | 31,555,070 |  |  | 1,690,805
Other Businesses |  |  | 10,268,185 |  |  | 4,530,712 |  |  | 383,011
Total |  | Ps. | 222,201,935 |  | Ps. | 70,626,022 |  | Ps. | 19,108,284
2018: |  |  |  |  |  |  |  |  |
Continuing operations: |  |  |  |  |  |  |  |  |
Cable |  | Ps. | 99,678,509 |  | Ps. | 21,294,108 |  | Ps. | 12,835,918
Sky |  |  | 30,350,221 |  |  | 13,680,854 |  |  | 4,020,405
Content |  |  | 83,525,004 |  |  | 39,960,653 |  |  | 1,349,954
Other Businesses |  |  | 9,753,075 |  |  | 3,564,429 |  |  | 502,214
Total |  | Ps. | 223,306,809 |  | Ps. | 78,500,044 |  | Ps. | 18,708,491
Segment assets reconcile to total assets as of December 31, 2020 and 2019, as follows:
|  | 2020 |  | 2019
Segment assets |  | Ps. | 227,316,463 |  | Ps. | 222,201,935
Investments attributable to: |  |  |  |  |  |
Cable |  |  | 515,002 |  |  | 567,435
Content (1) |  |  | 29,096,777 |  |  | 53,264,422
Other Businesses |  |  | 204,464 |  |  | 196,474
Goodwill attributable to: |  |  |  |  |  |
Cable |  |  | 13,794,684 |  |  | 13,794,684
Content |  |  | 241,973 |  |  | 241,973
Other Businesses |  |  | 76,969 |  |  | 76,969
Total assets |  | Ps. | 271,246,332 |  | Ps. | 290,343,892
| (1) |  | Includes goodwill attributable to equity investments of Ps.359,613 in 2020 and 2019 (see Note 10).
Equity method loss recognized in income for the years ended December 31, 2020, 2019 and 2018 attributable to equity investments in Cable, was Ps. 7,826, Ps.62,329 and Ps.47,024, respectively. Equity method (loss) gain recognized in income for the years ended December 31, 2020, 2019 and 2018 attributable to equity investments in Content, was Ps.(5,739,833), Ps.642,768 and Ps.564,226, respectively. Equity method gain recognized in income for the years ended December 31, 2020, 2019 and 2018 attributable to equity investments in Other Businesses, was Ps.7,991, Ps.584 and Ps.15,731, respectively. Segment liabilities reconcile to total liabilities as of December 31, 2020 and 2019, as follows:
|  | 2020 |  | 2019
Segment liabilities |  | Ps. | 64,356,435 |  | Ps. | 70,626,022
Debt not allocated to segments |  |  | 118,950,864 |  |  | 114,092,637
Total liabilities |  | Ps. | 183,307,299 |  | Ps. | 184,718,659
Geographical segment information:
|  |  |  |  |  |  |  | Additions to
|  |  |  |  | Segment Assets at |  | Property, Plant and
|  | Total Net Sales |  | Year-End |  | Equipment
2020: |  |  |  |  |  |  |  |  |
Mexico |  | Ps. | 84,664,293 |  | Ps. | 215,395,954 |  | Ps. | 19,707,436
Other countries (1) |  |  | 12,697,341 |  |  | 11,920,509 |  |  | 424,302
|  | Ps. | 97,361,634 |  | Ps. | 227,316,463 |  | Ps. | 20,131,738
2019: |  |  |  |  |  |  |  |  |
Mexico |  | Ps. | 88,388,569 |  | Ps. | 211,592,987 |  | Ps. | 18,804,629
Other countries (1) |  |  | 13,368,612 |  |  | 10,608,948 |  |  | 303,655
|  | Ps. | 101,757,181 |  | Ps. | 222,201,935 |  | Ps. | 19,108,284
2018: |  |  |  |  |  |  |  |  |
Mexico |  | Ps. | 85,011,567 |  | Ps. | 216,146,757 |  | Ps. | 18,696,116
Other countries (1) |  |  | 16,270,766 |  |  | 7,160,052 |  |  | 12,375
|  | Ps. | 101,282,333 |  | Ps. | 223,306,809 |  | Ps. | 18,708,491
| (1) |  | The United States is the largest country from which revenue is derived.
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, 2020, 2019 and 2018:
|  | Domestic |  | Export |  | Abroad |  | Total
2020: |  |  |  |  |  |  |  |  |  |  |  |
Cable: |  |  |  |  |  |  |  |  |  |  |  |
Digital TV Service (a) |  | Ps. | 16,549,458 |  | Ps. | — |  | Ps. | — |  | Ps. | 16,549,458
Advertising |  |  | 1,633,201 |  |  | — |  |  | — |  |  | 1,633,201
Broadband Services (a) |  |  | 16,540,687 |  |  | — |  |  | — |  |  | 16,540,687
Telephony (a) |  |  | 4,382,964 |  |  | — |  |  | — |  |  | 4,382,964
Other Services |  |  | 702,023 |  |  | — |  |  | — |  |  | 702,023
Enterprise Operations |  |  | 5,245,443 |  |  | — |  |  | 313,332 |  |  | 5,558,775
Sky: |  |  |  |  |  |  |  |  |  |  |  |
DTH Broadcast Satellite TV (a) |  |  | 19,398,285 |  |  | — |  |  | 1,569,999 |  |  | 20,968,284
Advertising |  |  | 1,112,662 |  |  | — |  |  | — |  |  | 1,112,662
Pay-Per-View |  |  | 42,291 |  |  | — |  |  | 11,464 |  |  | 53,755
Content: |  |  |  |  |  |  |  |  |  |  |  |
Advertising |  |  | 16,180,397 |  |  | 169,362 |  |  | — |  |  | 16,349,759
Network Subscription Revenue |  |  | 4,322,535 |  |  | 1,143,657 |  |  | — |  |  | 5,466,192
Licensing and Syndication |  |  | 1,572,659 |  |  | 9,224,397 |  |  | — |  |  | 10,797,056
Other Businesses: |  |  |  |  |  |  |  |  |  |  |  |
Gaming |  |  | 959,985 |  |  | — |  |  | — |  |  | 959,985
Soccer, Sports and Show Business Promotion |  |  | 1,382,708 |  |  | 146,324 |  |  | — |  |  | 1,529,032
Publishing - Magazines |  |  | 269,768 |  |  | — |  |  | 942 |  |  | 270,710
Publishing - Advertising |  |  | 173,645 |  |  | — |  |  | — |  |  | 173,645
Publishing Distribution |  |  | 309,673 |  |  | — |  |  | — |  |  | 309,673
Feature Film Production and Distribution |  |  | 915,165 |  |  | — |  |  | 117,864 |  |  | 1,033,029
Segment total |  |  | 91,693,549 |  |  | 10,683,740 |  |  | 2,013,601 |  |  | 104,390,890
Disposed operations: Radio - Advertising (see Note 3) |  |  | 223,272 |  |  | — |  |  | — |  |  | 223,272
Intersegment eliminations |  |  | (7,252,528) |  |  | — |  |  | — |  |  | (7,252,528)
Consolidated total revenues |  | Ps. | 84,664,293 |  | Ps. | 10,683,740 |  | Ps. | 2,013,601 |  | Ps. | 97,361,634
|  | Domestic |  | Export |  | Abroad |  | Total
2019: |  |  |  |  |  |  |  |  |  |  |  |
Cable: |  |  |  |  |  |  |  |  |  |  |  |
Digital TV Service (a) |  | Ps. | 16,298,079 |  | Ps. | — |  | Ps. | — |  | Ps. | 16,298,079
Advertising |  |  | 1,507,831 |  |  | — |  |  | — |  |  | 1,507,831
Broadband Services (a) |  |  | 14,544,473 |  |  | — |  |  | — |  |  | 14,544,473
Telephony (a) |  |  | 3,658,121 |  |  | — |  |  | — |  |  | 3,658,121
Other Services |  |  | 801,937 |  |  | — |  |  | — |  |  | 801,937
Enterprise Operations |  |  | 4,626,396 |  |  | — |  |  | 265,145 |  |  | 4,891,541
Sky: |  |  |  |  |  |  |  |  |  |  |  |
DTH Broadcast Satellite TV (a) |  |  | 18,918,077 |  |  | — |  |  | 1,359,079 |  |  | 20,277,156
Advertising |  |  | 953,634 |  |  | — |  |  | — |  |  | 953,634
Pay-Per-View |  |  | 98,539 |  |  | — |  |  | 17,749 |  |  | 116,288
Content: |  |  |  |  |  |  |  |  |  |  |  |
Advertising |  |  | 19,236,014 |  |  | 223,434 |  |  | — |  |  | 19,459,448
Network Subscription Revenue |  |  | 3,832,716 |  |  | 1,160,459 |  |  | — |  |  | 4,993,175
Licensing and Syndication |  |  | 1,794,636 |  |  | 8,813,275 |  |  | — |  |  | 10,607,911
Other Businesses: |  |  |  |  |  |  |  |  |  |  |  |
Gaming |  |  | 2,974,284 |  |  | — |  |  | — |  |  | 2,974,284
Soccer, Sports and Show Business Promotion |  |  | 1,821,605 |  |  | 1,182,972 |  |  | — |  |  | 3,004,577
Publishing - Magazines |  |  | 393,763 |  |  | — |  |  | 18,076 |  |  | 411,839
Publishing - Advertising |  |  | 246,309 |  |  | — |  |  | 23,461 |  |  | 269,770
Publishing Distribution |  |  | 337,685 |  |  | — |  |  | — |  |  | 337,685
Feature Film Production and Distribution |  |  | 890,927 |  |  | 787 |  |  | 310,343 |  |  | 1,202,057
Segment total |  |  | 92,935,026 |  |  | 11,380,927 |  |  | 1,993,853 |  |  | 106,309,806
Disposed operations: Radio - Advertising (see Note 3) |  |  | 841,437 |  |  | — |  |  | — |  |  | 841,437
Intersegment eliminations |  |  | (5,387,894) |  |  | — |  |  | (6,168) |  |  | (5,394,062)
Consolidated total revenues |  | Ps. | 88,388,569 |  | Ps. | 11,380,927 |  | Ps. | 1,987,685 |  | Ps. | 101,757,181
|  | Domestic |  | Export |  | Abroad |  | Total
2018: |  |  |  |  |  |  |  |  |  |  |  |
Cable: |  |  |  |  |  |  |  |  |  |  |  |
Digital TV Service (a) |  | Ps. | 14,281,536 |  | Ps. | — |  | Ps. | — |  | Ps. | 14,281,536
Advertising |  |  | 1,260,117 |  |  | — |  |  | — |  |  | 1,260,117
Broadband Services (a) |  |  | 13,034,172 |  |  | — |  |  | — |  |  | 13,034,172
Telephony (a) |  |  | 2,588,767 |  |  | — |  |  | — |  |  | 2,588,767
Other Services |  |  | 544,347 |  |  | — |  |  | — |  |  | 544,347
Telecommunications Networks |  |  | 4,361,586 |  |  | — |  |  | 162,517 |  |  | 4,524,103
Sky: |  |  |  |  |  |  |  |  |  |  |  |
DTH Broadcast Satellite TV (a) |  |  | 19,478,307 |  |  | — |  |  | 1,374,849 |  |  | 20,853,156
Advertising |  |  | 968,853 |  |  | — |  |  | — |  |  | 968,853
Pay-Per-View |  |  | 152,129 |  |  | — |  |  | 28,078 |  |  | 180,207
Content: |  |  |  |  |  |  |  |  |  |  |  |
Advertising |  |  | 20,932,533 |  |  | 222,369 |  |  | — |  |  | 21,154,902
Network Subscription Revenue |  |  | 3,500,375 |  |  | 1,313,907 |  |  | — |  |  | 4,814,282
Licensing and Syndication |  |  | 1,437,081 |  |  | 11,817,403 |  |  | — |  |  | 13,254,484
Other Businesses: |  |  |  |  |  |  |  |  |  |  |  |
Gaming |  |  | 2,676,384 |  |  | — |  |  | — |  |  | 2,676,384
Soccer, Sports and Show Business Promotion |  |  | 1,639,073 |  |  | 145,462 |  |  | — |  |  | 1,784,535
Publishing - Magazines |  |  | 550,777 |  |  | — |  |  | 104,281 |  |  | 655,058
Publishing - Advertising |  |  | 482,943 |  |  | — |  |  | 181,514 |  |  | 664,457
Publishing Distribution |  |  | 270,624 |  |  | — |  |  | 40,148 |  |  | 310,772
Feature Film Production and Distribution |  |  | 735,928 |  |  | 3,569 |  |  | 884,786 |  |  | 1,624,283
Segment total |  |  | 88,895,532 |  |  | 13,502,710 |  |  | 2,776,173 |  |  | 105,174,415
Disposed operations: Radio - Advertising (see Note 3) |  |  | 920,009 |  |  | — |  |  | — |  |  | 920,009
Intersegment eliminations |  |  | (4,803,974) |  |  | — |  |  | (8,117) |  |  | (4,812,091)
Consolidated total revenues |  | Ps. | 85,011,567 |  | Ps. | 13,502,710 |  | Ps. | 2,768,056 |  | Ps. | 101,282,333
| (a) |  | Digital TV Service revenues include revenue from leasing set-top equipment to subscribers in the Cable segment in the amount of Ps. 5,514,984, Ps.5,289,996 and Ps.4,577,513, for the years ended December 31, 2020, 2019 and 2018, respectively. DTH Broadcast Satellite TV revenues include revenue from leasing set-top equipment to subscribers in the Sky segment in the amount of Ps.9,212,317, Ps.9,232,152 and Ps.9,971,318, for the years ended December 31, 2020, 2019 and 2018, 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, plant and equipment and is leased to subscribers through operating lease contracts.
Net sales from external customers for the years ended December 31, 2020, 2019 and 2018 are presented by sale source, as follows:
|  | 2020 |  | 2019 |  | 2018
Services |  | Ps. | 71,745,105 |  | Ps. | 75,988,820 |  | Ps. | 72,737,313
Royalties |  |  | 9,907,313 |  |  | 10,005,977 |  |  | 12,600,061
Goods |  |  | 805,690 |  |  | 932,198 |  |  | 1,163,836
Leases (1) |  |  | 14,903,526 |  |  | 14,830,186 |  |  | 14,781,123
Total |  | Ps. | 97,361,634 |  | Ps. | 101,757,181 |  | Ps. | 101,282,333
| (1) |  | This line includes primarily revenue from leasing set-top equipment to subscribers in the Cable and Sky 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.

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