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v3.21.1

Finance income and cost (Tables) | 12 Months Ended
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Dec. 31, 2020
Finance income and cost |
Schedule of finance income |
|  | 2020 |  | 2019 |  | 2018
Interest on cash and equivalents |  | Ps. | 93,122 |  | Ps. | 201,191 |  | Ps. | 152,437
Interest on asset backed trust notes |  |  | 6,342 |  |  | 6,525 |  |  | —
Interest on recovery of guarantee deposits |  |  | 2,047 |  |  | 83 |  |  | 166
|  | Ps. | 101,511 |  | Ps. | 207,799 |  | Ps. | 152,603
Schedule of finance cost |
|  | 2020 |  | 2019 |  | 2018
Interest expense on lease liabilities and aircraft and engine lease return obligation |  | Ps. | 2,350,250 |  | Ps. | 2,128,162 |  | Ps. | 1,755,978
Financial instruments loss |  |  | 448,559 |  |  | — |  |  | —
Interest on asset backed trust notes |  |  | 116,240 |  |  | 80,314 |  |  | —
Cost of letter credit notes |  |  | 73,141 |  |  | 49,856 |  |  | 57,277
Bank fees and others |  |  | 3,707 |  |  | 3,607 |  |  | 6,141
Interest on debts and borrowings* |  |  | 16,368 |  |  | 1,660 |  |  | 56,916
Other finance costs |  |  | 10,219 |  |  | 6,230 |  |  | —
|  | Ps. | 3,018,484 |  | Ps. | 2,269,829 |  | Ps. | 1,876,312
Schedule of capitalized interest |
|  | 2020 |  | 2019 |  | 2018
Interest on debts and borrowings |  | Ps. | 400,406 |  | Ps. | 457,973 |  | Ps. | 414,836
Capitalized interest (Note 12) |  |  | (384,038) |  |  | (456,313) |  |  | (357,920)
Net interest on debts and borrowing in the consolidated statements of operations |  | Ps. | 16,368 |  | Ps. | 1,660 |  | Ps. | 56,916

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