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Employee benefits (Tables)
12 Months Ended
Dec. 31, 2019
Employee benefits  
Schedule of analysis of net period cost

 

 

 

 

 

 

 

 

 

 

 

    

2019

    

2018

    

2017

Analysis of net period cost:

 

 

  

 

 

  

 

 

  

Current service cost

 

Ps.

8,214

 

Ps.

4,977

 

Ps.

3,657

Interest cost on benefit obligation

 

 

1,872

 

 

1,424

 

 

1,000

Net period cost

 

Ps.

10,086

 

Ps.

6,401

 

Ps.

4,657

 

Schedule of changes in defined benefit obligation

 

 

 

 

 

 

 

 

 

 

 

    

2019

    

2018

    

2017

Defined benefit obligation at January 1,

 

Ps.

18,153

 

Ps.

19,289

 

Ps.

13,438

Net period cost charged to profit or loss:

 

 

  

 

 

  

 

 

  

Current service cost

 

 

8,214

 

 

4,977

 

 

3,657

Interest cost on benefit obligation

 

 

1,872

 

 

1,424

 

 

1,000

Remeasurement losses in other comprehensive income:

 

 

 

 

 

 

 

 

 

Actuarial changes arising from changes in assumptions

 

 

10,192

 

 

(5,989)

 

 

1,776

Payments made

 

 

(225)

 

 

(1,548)

 

 

(582)

Defined benefit obligation at December 31, 

 

Ps.

38,206

 

Ps.

18,153

 

Ps.

19,289

 

Summary of significant assumptions used in the computation of the seniority premium obligations

 

 

 

 

 

 

 

 

 

    

2019

    

2018

    

2017

 

Financial:

 

  

 

  

 

  

 

Discount rate

 

7.18

%  

9.91

%  

7.72

%

Expected rate of salary increases

 

5.50

%  

5.65

%  

5.50

%

Annual increase in minimum salary

 

4.00

%  

4.15

%  

4.00

%

 

 

 

 

 

 

 

 

Biometric:

 

 

 

 

 

 

 

Mortality (1)

 

EMSSA 09, CEPAL* 2010 EL SALVADOR, CEPAL*2010 COSTA RICA

 

EMSSA 09

 

EMSSA 09

 

Disability (2)

 

IMSS-97

 

IMSS-97

 

IMSS-97

 

 


(1)

Mexican Experience of social security (EMSSA), Economic Commission for Latin America and the Caribbean (CEPAL for its Spanish acronym).

(2)

Mexican Experience of Instituto Mexicano del Seguro Social (IMSS).

Schedule of accruals for short-term employee benefits

 

 

 

 

 

 

 

 

 

 

 

    

2019

    

2018

    

2017

Employee profit-sharing (Note 15c)

 

Ps.

24,097

 

Ps.

14,984

 

Ps.

9,063