Banco Santander (Mexico) S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico (ifrs-full:DisclosureOfOffsettingOfFinancialAssetsAndFinancialLiabilitiesExplanatory)

The following financial assets are subject to offsetting, enforceable master netting arrangements and similar agreements:

As at December 31, 2016


				Amount not offset in the consolidated balance sheet
		Gross amount of	Net amount of
		financial liabilities	financial assets
		offset in the	presented in the
	Gross amount of	consolidated balance	consolidated	Impact of Master	Financial instrument	Cash	Net
	financial assets	sheet	balance sheet	Netting Agreements	collateral	collateral	amount

Derivative financial assets	214,910	—	214,910	(151,762)	(5,215)	(47,821)	10,112

Reverse repurchase agreements	42,340	—	42,340	—	(42,360)	—	(20)

Equity instruments (see Note 10.a)	3	—	3	—	(3)	—	—


Total	257,253	—	257,253	(151,762)	(47,578)	(47,821)	10,092

As at December 31, 2017


				Amount not offset in the consolidated balance sheet
		Gross amount of	Net amount of
		financial liabilities	financial assets
		offset in the	presented in the
	Gross amount of	consolidated balance	consolidated	Impact of Master	Financial Instrument	Cash	Net
	financial assets	sheet	balance sheet	Netting Agreements	collateral	collateral	amount


Derivative financial assets	180,377	—	180,377	(116,078)	(3,783)	(44,971)	15,545

Reverse repurchase agreements	51,705	—	51,705	—	(51,693)	—	12

Equity instruments (see Note 10.a)	6	—	6	—	(7)	—	(1)


Total	232,088	—	232,088	(116,078)	(55,483)	(44,971)	15,556

The following financial liabilities are subject to offsetting, enforceable master netting arrangements and similar agreements:

As at December 31, 2016


				Amount not offset in the consolidated balance sheet
		Gross amount of	Net amount of
		financial assets	financial liabilities
		offset in the	presented in the
	Gross amount of	consolidated balance	consolidated	Impact of Master	Financial Instrument	Cash	Net
	financial liabilities	sheet	balance sheet	Netting Agreements	collateral	collateral	amount

Derivative financial liabilities	219,977	—	219,977	(151,762)	(2,670)	(51,329)	14,216
		—
Repurchase agreements	124,525	—	124,525	—	(124,949)	—	(424)

Short positions - Securities loans (see Note 11.b)	20,375	—	20,375	—	(20,769)	—	(394)

Short positions – Short sales (see Note 11.b)	40,613	—	40,613	—	(40,637)	—	(24)


Total	405,490	—	405,490	(151,762)	(189,025)	(51,329)	13,374

As at December 31, 2017


				Amount not offset in the consolidated balance sheet
		Gross amount of	Net amount of
		financial assets	financial liabilities
		offset in the	presented in the
	Gross amount of	consolidated balance	consolidated	Impact of Master	Financial instrument	Cash	Net
	financial liabilities	sheet	balance sheet	Netting Agreements	collateral	collateral	amount

Derivative financial liabilities	182,373	—	182,373	(116,078)	(2,822)	(34,454)	29,019

Repurchase agreements	110,149	—	110,149	—	(110,337)	—	(188)

Short positions - Securities loans (see Note 11.b)	21,132	—	21,132	—	(21,555)	—	(423)

Short positions - Short sales (see Note 11.b)	46,233	—	46,233	—	(46,221)	—	12


Total	359,887	—	359,887	(116,078)	(180,935)	(34,454)	28,420

Banco Santander (Mexico) S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico | CIK:0001698287 |