Note 6. Investments
As of December 31, 2017 and 2016 investments are classified as held-to maturity, the carrying value of the investments is similar to their fair value. The following is a detail of held-to maturity investments:
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Held-to Maturity (1) Government debt securities |
2017 | 2016 | ||||||
|
Acquisition cost |
Ps. | 1,934 | Ps. | — | ||||
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Accrued interest |
— | — | ||||||
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Amortized cost |
1,934 | — | ||||||
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Corporate debt securities |
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Acquisition cost |
222 | 118 | ||||||
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Accrued interest |
4 | 2 | ||||||
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Amortized cost |
226 | 120 | ||||||
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Total investments |
Ps. | 2,160 | Ps. | 120 | ||||
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| (1) | Denominated in dollars at a fixed interest rate. |