AMERICA MOVIL SAB DE CV/ | CIK:0001129137 | 3

  • Filed: 4/26/2018
  • Entity registrant name: AMERICA MOVIL SAB DE CV/ (CIK: 0001129137)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1129137/000119312518135124/0001193125-18-135124-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1129137/000119312518135124/amx-20171231.xml
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  • ifrs-full:DisclosureOfOtherAssetsExplanatory

     

    9. Other assets, net

    An analysis of other assets at December 31, 2016 and 2017 is as follows:

     

         2016      2017  

    Current portion:

         

    Advances to suppliers (different from PP&E and inventories)

       Ps.  12,078,114      Ps. 9,536,654  

    Costs of mobile equipment and computers associated with deferred revenues

         5,914,166        6,182,010  

    Prepaid insurance

         786,683        683,091  

    Other

         759,130        950,991  
      

     

     

        

     

     

     
       Ps.  19,538,093      Ps.  17,352,746  
      

     

     

        

     

     

     

    Non-current portion:

         

    Recoverable taxes

       Ps. 9,971,482      Ps.  12,249,372  

    Prepayments for the use of fiber optics

         4,262,387        4,361,668  

    Prepaid expenses and judicial deposits (1)

         25,267,208        25,926,436  
      

     

     

        

     

     

     

    Total

         Ps. 39,501,077        Ps. 42,537,476  
      

     

     

        

     

     

     

    For the years ended December 31, 2015, 2016 and 2017, amortization expense for other assets was Ps. 558,457, Ps. 1,340,609 and Ps. 620,680, respectively.

     

    (1) Judicial deposits represent cash and cash equivalents pledged in order to fulfill the collateral requirements for tax contingencies mainly in Brazil. At December 31, 2016 and 2017, the amount for these deposits is Ps. 20,030,041 and Ps. 20,288,382, respectively. Based on its evaluation of the underlying contingencies, the Company believes that such amounts are recoverable.