21.Other Expense, Net
Other expense (income) for the years ended December 31, 2017, 2016 and 2015 is analyzed as follows:
|
|
|
2017 |
|
2016 |
|
2015 |
|
|||
|
Loss (gain) on disposition of investment (1) |
|
Ps. |
295,194 |
|
Ps. |
312 |
|
Ps. |
(65,599 |
) |
|
Donations (see Note 19) |
|
159,605 |
|
195,005 |
|
148,159 |
|
|||
|
Financial, legal and accounting advisory and professional services (2) |
|
269,385 |
|
833,618 |
|
485,594 |
|
|||
|
Loss on disposition of property and equipment (3) |
|
118,817 |
|
810,825 |
|
366,545 |
|
|||
|
Impairment adjustments (4) |
|
89,597 |
|
6,851 |
|
131,065 |
|
|||
|
Other income from Univision (5) |
|
— |
|
— |
|
(1,038,314 |
) |
|||
|
Deferred compensation (see Note 19) |
|
302,801 |
|
340,202 |
|
164,028 |
|
|||
|
Dismissal severance expense (6) |
|
984,816 |
|
912,173 |
|
342,382 |
|
|||
|
Other, net |
|
166,119 |
|
38,398 |
|
(205,383 |
) |
|||
|
|
|
|
|
|
|
|
|
|||
|
|
|
Ps. |
2,386,334 |
|
Ps. |
3,137,384 |
|
Ps. |
328,477 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) |
In 2017, included a loss on disposition of a publishing business in Argentina, which was classified in the Group’s Other Business segment. |
|
(2) |
Includes primarily legal, financial advisory and professional services in connection with certain litigation and other matters (see Notes 3 and 19). |
|
(3) |
In 2016, includes costs incurred in connection with the cancellation of a contract for a new satellite in the Group’s Sky segment in the amount of Ps.259,340. |
|
(4) |
The Group recognized impairment adjustments in connection with trademarks in 2017 and 2016, and goodwill and trademarks in 2015 in its Publishing business (see Note 12). |
|
(5) |
In 2015, this income was related to cash received from Univision in the amount of U.S.$67.6 million (Ps.1,038,314), as a result of the early termination of a technical assistance agreement with Univision. |
|
(6) |
In 2017 and 2016, includes a severance expense in connection with the dismissal of personnel in the Group’s Content, Cable and Other Businesses segments, as a part of a cost reduction plan. |