Banco Santander (Mexico) S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico | CIK:0001698287 | 3

  • Filed: 3/28/2018
  • Entity registrant name: Banco Santander (Mexico) S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico (CIK: 0001698287)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1698287/000104746918002211/0001047469-18-002211-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1698287/000104746918002211/bsmx-20171231.xml
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  • ifrs-full:DisclosureOfInterestExpenseExplanatory

    34. Interest expenses and similar charges

    Interest expenses and similar charges in the consolidated income statement include the interest accrued during the year on all financial liabilities with an implicit or explicit return, calculated by applying the effective interest method, irrespective of measurement at fair value, the adjustment to interest expense as a result of hedge accounting and the net interest cost attributable to pension funds.

    The breakdown of the main items of interest expenses and similar charges accrued in 2015, 2016 and 2017 is as follows:

     

     

     

     

     

     

     

     

     

     

     

      

      

    2015

      

      

    2016

      

      

    2017

     

     

     

     

     

     

     

     

     

     

    Deposits from credit institutions

     

     

    6,001

     

     

    6,145

     

     

    7,564

    Customer deposits

     

     

    9,026

     

     

    14,609

     

     

    24,560

    Marketable debt securities

     

     

    1,893

     

     

    2,625

     

     

    3,696

    Subordinated liabilities

     

     

    1,259

     

     

    1,473

     

     

    1,600

    Hedging derivatives

     

     

    463

     

     

    167

     

     

    129

    Other interest expenses

     

     

    2,600

     

     

    3,304

     

     

    4,609

     

     

     

    21,242

     

     

    28,323

     

     

    42,158