|
December 31, 2017 |
|
December 31, 2016 |
|
December 31, 2015 |
||||||||||||
|
Book value |
|
Fair value |
|
Book value |
|
Fair value |
|
Book value |
|
Fair value |
||||||
|
Ps. |
4,644,387 |
|
Ps. |
4,465,684 |
|
Ps. |
4,707,303 |
|
Ps. |
4,489,119 |
|
Ps. |
4,729,388 |
|
Ps. |
4,655,234 |
|
|
|
Hierarchy of fair value as of December 31, 2017 |
||||||||||
|
|
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
||||
|
Financial liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt(1) |
|
Ps. |
4,246,875 |
|
Ps. |
218,809 |
|
Ps. |
— |
|
Ps. |
4,465,684 |
|
|
|
Hierarchy of fair value as of December 31, 2016 |
||||||||||
|
|
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
||||
|
Financial liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt(1) |
|
Ps. |
4,204,695 |
|
Ps. |
284,424 |
|
Ps. |
— |
|
Ps. |
4,489,119 |
|
|
|
Hierarchy of fair value as of December 31, 2015 |
||||||||||
|
|
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
||||
|
Financial liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt(1) |
|
Ps. |
4,384,607 |
|
Ps. |
270,627 |
|
Ps. |
— |
|
Ps. |
4,655,234 |
The fair values of the financial assets and financial liabilities included in the level 2 category above have been determined in accordance with generally accepted pricing models based on a discounted cash flow analysis, with the most significant inputs being the discount rate that reflects the credit risk of counterparties.