Financial assets and liabilities

Schedule of short-term and long-term debt


		December 31,		December 31,
		2021		2020
I.	Revolving line of credit with Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander (“Santander”) and Banco Nacional de Comercio Exterior, S.N.C. (“Bancomext”), in U.S. dollars, to finance pre-delivery payments, maturing on October 31, 2022, bearing annual interest rate at the three-month LIBOR plus a spread of 260 basis points.	Ps.	3,535,649	Ps.	3,650,612

II.	In June 2019 the Company issued in the Mexico market Asset backed trust notes (“CEBUR”), in Mexican pesos, maturing on June 20th, 2024 bearing annual interest rate at TIIE 28 days plus 175 basis points.		1,250,000		1,500,000

III.	In October 2021 the Company issued in the Mexico market a second tranche of its Asset backed trust notes (“CEBUR”), in Mexican pesos, maturing on October 20th, 2026 bearing annual interest rate at TIIE 28 days plus 200 basis points.		1,500,000		—

IV.	In December 2019, the Company entered into a short-term working capital facility with Banco Sabadell S.A., Institución de Banca Multiple (“Sabadell”) in Mexican pesos, bearing annual interest rate at TIIE 28 days plus a spread of 300 basis points.		—		200,000

V.	Amortized transaction costs		(31,408)		(15,542)

VI.	Accrued interest and other financial cost		22,439		19,563
			6,276,680		5,354,633
	Less: Short-term maturities		4,052,859		1,558,884
	Long-term	Ps.	2,223,821	Ps.	3,795,749

TIIE: Mexican interbank rate

Schedule of changes in liabilities from financing activities

Current vs non-

January 1,

Net cash

Accrued*

Foreign exchange

current

December 31,

2021

Flows

Interest

movement

reclassification

Other

2021

Current interest-bearing loans and borrowings

Ps.

1,558,884

Ps.

(1,223,402)

Ps.

2,876

Ps.

76,942

Ps.

3,637,559

Ps.

—

Ps.

4,052,859

Non-current interest -bearing loans and borrowings

3,795,749

2,023,240

—

35,171

(3,637,559)

7,220

2,223,821

Total liabilities from financing activities

Ps.

5,354,633

Ps.

799,838

Ps.

2,876

Ps.

112,113

Ps.

—

Ps.

7,220

Ps.

6,276,680



							Foreign		Current vs non-
	January 1,		Net cash		Accrued*		exchange		current				December 31,
	2020		Flows		Interest		movement		reclassification		Other		2020
Current interest-bearing loans and borrowings	Ps.	2,086,017	Ps.	(1,231,695)	Ps.	(10,498)	Ps.	(32,491)	Ps.	747,551	Ps.	-	Ps.	1,558,884
Non-current interest -bearing loans and borrowings		2,889,952		1,374,678		—		231,612		(747,551)		47,058		3,795,749
Total liabilities from financing activities	Ps.	4,975,969	Ps.	142,983	Ps.	(10,498)	Ps.	199,121	Ps.	—	Ps.	47,058	Ps.	5,354,633

* This balance is net of interest provisions and interest effectively paid as of December 31, 2021 and 2020, respectively.