XML 46 R32.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Finance income and cost | 12 Months Ended
--- | ---
Dec. 31, 2017
Finance income and cost |
Finance income and cost | 21. Finance income and cost An analysis of finance income is as follows:
|  | 2017 |  | 2016 |  | 2015 |
Interest on cash and equivalents |  | Ps. | 105,151 |  | Ps. | 78,793 |  | Ps. | 47,029 |
Interest on recovery of guarantee deposits |  | 644 |  | 23,792 |  | — |
Others |  | — |  | 6 |  | 5 |
|  | Ps. | 105,795 |  | Ps. | 102,591 |  | Ps. | 47,034 |
An analysis of finance cost is as follows:
|  | 2017 |  | 2016 |  | 2015 |
Cost of letter credit notes |  | Ps. | 42,294 |  | Ps. | 28,067 |  | Ps. | 18,279 |
Interest on debts and borrowings* |  | 37,565 |  | 1,245 |  | — |
Bank fees and others |  | 5,279 |  | 5,804 |  | 3,424 |
Other finance costs |  | 1,219 |  | — |  | — |
|  | Ps. | 86,357 |  | Ps. | 35,116 |  | Ps. | 21,703 |
* The borrowing costs related to the acquisition or construction of qualifying assets are capitalized as part of the cost of the asset (Note 12) Interest expense not capitalized is related to the short term working capital facility from Citibanamex..
|  | 2017 |  | 2016 |  | 2015 |
Interest on debts and borrowings |  | Ps. | 230,954 |  | Ps. | 96,690 |  | Ps. | 90,057 |
Capitalized interest (Note 12) |  | (193,389 | ) | (95,445 | ) | (90,057 | )
Net interest on debts and borrowing in the consolidated statements of operations |  | Ps. | 37,565 |  | Ps. | 1,245 |  | Ps. | — |

X
- Definition The disclosure of interest income and expense. [Refer: Interest income (expense)] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_10_e&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfInterestIncomeExpenseExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition n/a + References No definition available. + Details
Name: | vlrs_DisclosureOfFinanceIncomeAndFinanceExpenseAbstract
Namespace Prefix: | vlrs_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration