GRUPO TMM SAB | CIK:0001163560 | 3

  • Filed: 5/7/2018
  • Entity registrant name: GRUPO TMM SAB (CIK: 0001163560)
  • Generator: EDGARfilings PROfile
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1163560/000114036118021937/0001140361-18-021937-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1163560/000114036118021937/gtmay-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001163560
  • Open this page in separate window: Click

    • ifrs-full:DisclosureOfRelatedPartyExplanatory

    19
    Balances and transactions with related parties
     
    The accounts payable and transactions with related parties at December 31, 2017 and 2016 are summarized as follows:
     
      
    2017
    		  
    2016
    		 
      
    Receivable
    		  
    Payable
    		  
    Receivable
    		  
    Payable
    		 
    Optimus (see Notes 13 and 14)
    		 
    $
    59,098
    		  
    $
    -
    		  
    $
    59,098
    		  
    $
    -
    		 
    SSA México, S.A. de C.V.
    		  
    -
    		   
    34,756
    		   
    -
    		   
    51,515
    		 
    TMM DM
    		  
    158,090
    		   
    -
    		   
    -
    		   
    -
    		 
      
    $
    217,188
    		  
    $
    34,756
    		  
    $
    59,098
    		  
    $
    51,515
    		 
     
    (a)
    SSA México, S.A. de C.V., is a company with which Grupo TMM and Administración Portuaria Integral de Acapulco, S.A. de C.V. conduct leasing operations and consulting.
     
    (b)
    The balances with TMM DM arise due to the loss of control of the latter and are related to the maritime operations of TMM DM with the Group.
     
    The most relevant transactions with related parties at December 31, 2017, 2016 and 2015 are summarized as follows:
     
      
    2017
    		  
    2016
    		  
    2015
    		 
    Income:
    		         
    Gain on sale of fixed assets (see Note 13)
    		 
    $
    -
    		  
    $
    54,679
    		  
    $
    -
    		 
    Leases (a)
    		  
    788
    		   
    788
    		   
    788
    		 
      
    $
    788
    		   
    55,467
    		   
    788
    		 
                 
    Expenses:
    		            
    Other expenses (b)
    		 
    $
    415
    		  
    $
    346
    		  
    $
    250
    		 
     
    (a)
    Grupo TMM, S.A.B. lease operations with SSA México, S.A. de C.V.
     
    (b)
    Management consulting provided by SSA México, S.A. de C.V. to Administración Portuaria Integral de Acapulco, S.A. de C.V.
     
    Transactions involving executive personnel for the years ended December 31, 2017, 2016 and 2015 include the following expenses:
     
      
    2017
    		  
    2016
    		  
    2015
    		 
    Short-term benefits
    		         
    Salaries
    		 
    $
    31,065
    		  
    $
    37,768
    		  
    $
    40,571
    		 
    Social security costs
    		  
    471
    		   
    623
    		   
    775
    		 
      
    $
    31,536
    		  
    $
    38,391
    		  
    $
    41,346