Pacific Airport Group | CIK:0001347557 | 3

  • Filed: 4/20/2018
  • Entity registrant name: Pacific Airport Group (CIK: 0001347557)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1347557/000156459018008605/0001564590-18-008605-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1347557/000156459018008605/pac-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001347557
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  • ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory

     

    k.

    Leases – The payments made by the Company as a lessee under operating leases are recognized in the consolidated statements of profit of loss and other comprehensive income on a straight-line basis over the lease term. Lease incentives received are recognized, as applicable, as a decrease in overall rental costs over the term of the contract. The Company’s accounting policy as a lessor is disclosed in Note 3.o.