XML 137 R43.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Investments in Associates and Joint Ventures (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Disclosure of Associates And Joint Ventures [Line Items] |
Schedule of investments in associates and joint ventures accounted for by the equity method | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Ownership as of | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 | ​ | 2023 |  | 2022
Associates: |  |  |  | ​ | ​ | ​ |  |  | ​ |
TelevisaUnivision and subsidiaries |  | 43.7 | % | 44.4 | % | Ps. | 42,326,344 | ​ | Ps. | 49,446,349
Other |  | ​ | ​ | ​ | ​ |  | 50,277 | ​ |  | 51,864
Joint ventures: |  | ​ | ​ | ​ | ​ |  | ​ | ​ |  | ​
Grupo de Telecomunicaciones de Alta Capacidad, S.A.P.I. de C.V. and subsidiaries (collectively “GTAC”) (1) |  | 33.3 | % | 33.3 | % |  | 844,728 | ​ |  | 750,169
Periódico Digital Sendero, S.A.P.I. de C.V. and subsidiary (collectively, “PDS”) (2) | ​ | 50.0 | % | 50.0 | % | ​ | 206,289 | ​ | ​ | 202,567
​ |  |  | ​ | ​ | ​ | Ps. | 43,427,638 | ​ | Ps. | 50,450,949
​
(1) | GTAC was granted a 20-year contract for the lease of a pair of dark fiber wires held by the Mexican Federal Electricity Commission and a concession to operate a public telecommunications network in Mexico with an expiration date in 2030. GTAC is a joint venture in which a subsidiary of the Company, a subsidiary of Grupo de Telecomunicaciones Mexicanas, S.A. de C.V. and a subsidiary of Megacable, S.A. de C.V. have an equal equity participation of 33.3%. A subsidiary of the Company entered into long-term loans to provide financing to GTAC for an aggregate principal amount of Ps.1,399,017, with an annual interest of TIIE plus 200 basis points computed on a monthly basis and payable on an annual basis or at dates agreed by the parties. Under the terms of these long-term loans, principal amounts can be prepaid at dates agreed by the parties before their maturities between 2024 and 2032. During the years ended December 31, 2023 and 2022, GTAC paid principal and interest to the Group in connection with these long-term loans in the aggregate principal amount of Ps.178,914 and Ps.146,386, respectively. The net investment in GTAC as of December 31, 2023 and 2022, included amounts receivable in connection with these long-term loans to GTAC in the aggregate amount of Ps.948,549 and Ps.853,163, respectively. These amounts receivable are in substance a part of the Group’s net investment in this investee (see Note 15).
(2) | The Group accounts for its investment in PDS under the equity method, due to its 50% interest in this joint venture. As of December 31, 2023 and 2022, the Group’s investment in PDS included intangible assets and goodwill in the aggregate amount of Ps.113,837.
Schedule of roll forward of investments in associates and joint ventures | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022
At January 1 | ​ | Ps. | 50,450,949 | ​ | Ps. | 26,704,235
Reversal of impairment loss | ​ | ​ | — | ​ | ​ | 593,838
Share of loss of associates and joint ventures, net | ​ |  | (4,803,533) | ​ |  | (8,724,643)
Share of other comprehensive income of associates | ​ |  | 4,278,531 | ​ |  | 4,245,546
Long-term loans granted to GTAC, net | ​ |  | 155,062 | ​ |  | 166,223
Foreign currency translation adjustments | ​ |  | (6,585,695) | ​ |  | (3,261,758)
GTAC payments of principal and interest | ​ | ​ | (178,914) | ​ | ​ | (146,386)
Dividends from PDS | ​ | ​ | (8,000) | ​ | ​ | (10,000)
Consideration in common and preferred stock of TelevisaUnivision (see Notes 3 and 28) | ​ | ​ | — | ​ | ​ | 30,912,000
Other | ​ |  | 119,238 | ​ |  | (28,106)
At December 31 | ​ | Ps. | 43,427,638 | ​ | Ps. | 50,450,949
Summarized of reconciles the summarized financial information of TelevisaUnivision (formerly known as UH II) to the carrying amount of the Group's interest TelevisaUnivision | The table below reconciles the summarized financial information of TelevisaUnivision to the carrying amount of the Group’s interest TelevisaUnivision as of December 31, 2023 and 2022, respectively (amounts in thousands of U.S. dollars): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |
Ownership as of December 31 |  |  | 43.7 | % | ​ | 44.4 | %
Group’s share of net assets |  | U.S.$ | 1,384,364 |  | U.S.$ | 1,423,488 | ​
Group’s share of net assets |  | Ps. | 23,440,738 |  | Ps. | 27,723,859 | ​
Goodwill, purchase price allocation and other adjustments |  | ​ | 18,885,606 |  | ​ | 21,722,490 | ​
Carrying amount of the Group’s interest in TelevisaUnivision |  | Ps. | 42,326,344 |  | Ps. | 49,446,349 | ​
​ IFRS summarized financial information of TelevisaUnivision for the years ended December 31, 2023, 2022 and 2021 (amounts in thousands of U.S. dollars): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
Revenue |  | U.S.$ | 4,928,000 |  | U.S.$ | 4,609,600 |  | U.S.$ | 2,841,000
Depreciation and amortization | ​ | ​ | 570,700 | ​ | ​ | 524,300 | ​ | ​ | 251,500
Interest income | ​ | ​ | 100,300 | ​ | ​ | 11,400 | ​ | ​ | 400
Interest expense | ​ | ​ | 716,800 | ​ | ​ | 610,300 | ​ | ​ | 420,387
(Expense) income from continuing operations | ​ | ​ | (513,000) | ​ | ​ | (1,203,200) | ​ | ​ | 550,128
Income tax (expense) benefit | ​ | ​ | (129,200) | ​ | ​ | (232,400) | ​ | ​ | 36,872
Net (loss) income |  | ​ | (642,200) |  | ​ | (1,435,600) |  | ​ | 587,000
Other comprehensive income |  | ​ | 535,400 |  | ​ | 471,113 |  | ​ | 32,000
Total comprehensive (loss) income |  | ​ | (106,800) |  | ​ | (964,487) |  | ​ | 619,000
Preferred dividends received from TelevisaUnivision | ​ | ​ | 41,250 | ​ | ​ | 37,812 | ​ | ​ | —
Summarized of reconcilies the summarized financial information of TelevisaUnivision (formerly known as UH II) to the carrying amount of the Group's interest in Televisaunivision | The table below reconciles the summarized financial information of TelevisaUnivision to the carrying amount of the Group´s interest in TelevisaUnivision for the years ended December 31, 2023, 2022 and 2021 (amounts in thousands of U.S. dollars): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
Net (loss) income | ​ | U.S.$ | (280,533) | ​ | U.S.$ | (637,955) | ​ | U.S.$ | 208,638
Other comprehensive income | ​ |  | 233,880 | ​ |  | 209,354 | ​ |  | 11,374
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net (loss) income | ​ | Ps. | (4,940,904) | ​ | Ps. | (12,555,817) | ​ | Ps. | 4,232,441
Other comprehensive income | ​ |  | 4,278,446 | ​ |  | 4,245,660 | ​ |  | 232,773
Purchase price allocation and other adjustments: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Net income (loss) adjustments | ​ |  | 128,148 | ​ |  | 3,790,887 | ​ |  | (4,834,744)
Group’s interest in UHI: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Net loss | ​ |  | (4,812,756) | ​ |  | (8,764,930) | ​ |  | (602,303)
Other comprehensive income | ​ |  | 4,278,446 | ​ |  | 4,245,660 | ​ |  | 232,773
Reversal of impairment | ​ | ​ | — | ​ | ​ | 593,838 | ​ | ​ | 4,161,704
Schedule of combined condensed balance sheet information related to the Group's share in associates other than TelevisaUnivision (formerly known as UH II) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022
Current assets | ​ | Ps. | 17,809 | ​ | Ps. | 17,896
Non-current assets | ​ | ​ | 47,657 | ​ | ​ | 39,213
Total assets | ​ | ​ | 65,466 | ​ | ​ | 57,109
Current liabilities | ​ | ​ | 12,487 | ​ | ​ | 26,952
Non-current liabilities | ​ | ​ | 25,704 | ​ | ​ | 1,295
Total liabilities | ​ | ​ | 38,191 | ​ | ​ | 28,247
Net assets | ​ | ​ | 27,275 | ​ | ​ | 28,862
Goodwill, purchase price allocation and other adjustments | ​ | ​ | 23,002 | ​ | ​ | 23,002
Carrying amount of the Group’s interest in associates | ​ | Ps. | 50,277 | ​ | Ps. | 51,864
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022
Current assets | ​ | Ps. | 178,846 | ​ | Ps. | 181,740
Non-current assets | ​ | ​ | 937,841 | ​ | ​ | 796,426
Total assets | ​ | ​ | 1,116,687 | ​ | ​ | 978,166
Current liabilities | ​ | ​ | 96,005 | ​ | ​ | 101,167
Non-current liabilities | ​ | ​ | 1,032,051 | ​ | ​ | 891,263
Total liabilities | ​ | ​ | 1,128,056 | ​ | ​ | 992,430
Net liabilities | ​ | Ps. | (11,369) | ​ | Ps. | (14,264)
Goodwill, purchase price allocation and other adjustments | ​ | ​ | 113,837 | ​ | ​ | 113,837
Long-term loans granted to GTAC, net | ​ | ​ | 948,549 | ​ | ​ | 853,163
Carrying amount of the Group’s interest in joint ventures | ​ | Ps. | 1,051,017 | ​ | Ps. | 952,736
Schedule of share of comprehensive income (loss) of associates and joint ventures other than TelevisaUnivision (formerly known as UH II) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 | ​ | 2022 |  | 2021
Share of income of associates and joint ventures, net | ​ | Ps. | 9,223 | ​ | Ps. | 40,287 | ​ | Ps. | 111,629
Share of other comprehensive income of associates and joint ventures: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Foreign currency translation adjustments, net | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 58
Other items of comprehensive income (loss), net | ​ | ​ | 85 | ​ | ​ | (114) | ​ | ​ | 12,883
​ | ​ | ​ | 85 | ​ | ​ | (114) | ​ | ​ | 12,941
Share of comprehensive income of associates and joint ventures | ​ | Ps. | 9,308 | ​ | Ps. | 40,173 | ​ | Ps. | 124,570
​
TelevisaUnivision |
Disclosure of Associates And Joint Ventures [Line Items] |
Schedule of combined condensed balance sheet information related to the Group's share in associates other than TelevisaUnivision (formerly known as UH II) | IFRS summarized financial information of TelevisaUnivision as of December 31, 2023 and 2022, respectively (amounts in thousands of U.S. dollars): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022
Current assets (include cash and cash equivalents for U.S.$220,900 and U.S.$538,600, respectively) | ​ | U.S.$ | 2,751,600 | ​ | U.S.$ | 2,444,700
Non-current assets | ​ |  | 15,426,900 | ​ |  | 15,764,400
Total assets | ​ |  | 18,178,500 | ​ |  | 18,209,100
Current liabilities (include financial liabilities for U.S.$46,200 and U.S.$60,100, respectively) | ​ |  | 1,780,400 | ​ |  | 1,405,000
Non-current liabilities (include financial liabilities for U.S.$479,900 and U.S.$628,100, respectively) | ​ |  | 13,229,000 | ​ |  | 13,600,800
Total liabilities | ​ |  | 15,009,400 | ​ |  | 15,005,800
Total net assets | ​ | U.S.$ | 3,169,100 | ​ | U.S.$ | 3,203,300

X
- Definition The disclosure of investments accounted for using the equity method. [Refer: Investments accounted for using equity method] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the reconciliation of the summarised financial information of an associate accounted for using the equity method to the carrying amount of the reporting entity's interest in the associate. [Refer: Carrying amount [member]; Associates [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2023-01-01 -Paragraph B14 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2023-en-r&anchor=para_B14_b&doctype=Appendix&subtype=B -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfReconciliationOfSummarisedFinancialInformationOfAssociateAccountedForUsingEquityMethodToCarryingAmountOfInterestInAssociateExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of Associates And Joint Ventures [Line Items] + References No definition available. + Details
Name: | tv_DisclosureOfAssociatesAndJointVenturesLineItems
Namespace Prefix: | tv_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of combined condensed balance sheet information related to the Group's share in associates and joint ventures. + References No definition available. + Details
Name: | tv_DisclosureOfCombinedCondensedBalanceSheetInformationRelatedToShareInAssociatesAndJointVenturesTableTextBlock
Namespace Prefix: | tv_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investments in associates and joint ventures. + References No definition available. + Details
Name: | tv_DisclosureOfInvestmentsInAssociatesAndJointVenturesTableTextBlock
Namespace Prefix: | tv_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure Of Reconciliation Of Summarized Financial Information + References No definition available. + Details
Name: | tv_DisclosureOfReconciliationOfSummarizedFinancialInformationTextBlock
Namespace Prefix: | tv_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of share of comprehensive income (loss) of associates and joint ventures. + References No definition available. + Details
Name: | tv_DisclosureOfShareOfComprehensiveIncomeLossOfAssociatesAndJointVenturesTableTextBlock
Namespace Prefix: | tv_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ifrs-full_SignificantInvestmentsInAssociatesAxis=tv_TelevisaUnivisionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |