v3.25.1
Right-of-use assets and liability related to right-of-use of assets
 12 Months Ended
Dec. 31, 2024
Right-of-use assets and liability related to right-of-use of assets [Abstract]  
Right-of-use assets and liability related to right-of-use of assets
Note 15. Right-of-use assets and liability related to right-of-use of assets

The Company has lease contracts for various items of towers & sites, property and other equipment used in its operations. Towers and sites, and property generally have lease terms between 2 and 24 years, while other equipment generally has lease terms between 2 and 20 years.

In 2022, 2023 and 2024 the movement of right-of-use assets and lease liabilities are as follows:

    Right-of-use assets        
   
Towers & Sites
    
Property
    
Other
equipment
    
Total
    
Liability related
to right-of-use of
assets
  
As of January 1, 2022
   Ps. 76,557,028     Ps. 9,936,705     Ps. 3,878,660     Ps. 90,372,393     Ps. 98,654,225  
Additions and release(1)
    
42,958,221
      
574,801
      
5,463,706
      
48,996,728
      
44,134,101
  
Business combinations
    
4,247,042
      
318
      
5,413
      
4,252,773
      
9,129,255
  
Modifications
    
11,859,492
      
3,584,607
      
1,790,905
      
17,235,004
      
19,038,741
  
Depreciation
    
(22,858,868
)
    
(3,369,095
)
    
(2,756,898
)
    
(28,984,861
)
    
—
  
Interest expense
    
—
      
—
      
—
      
—
      
8,903,397
  
Payments
    
—
      
—
      
—
      
—
      
(33,823,287
)
Disposals(2)
    
(696,904
)
    
(88,303
)
    
(36,694
)
    
(821,901
)
    
(1,044,480
)
Transfers(3)
    
(165,779
)
    
(126,763
)
    
(112,301
)
    
(404,843
)
    
(438,571
)
Translation adjustment
    
(5,680,583
)
    
(1,289,832
)
    
(1,800,782
)
    
(8,771,197
)
    
(10,404,570
)
Balance at December 31, 2022
   Ps. 106,219,649     Ps. 9,222,438     Ps. 6,432,009     Ps. 121,874,096    
Ps.
 134,148,811  
 
  (1)
The increase as compared to the previous year, was due to rights of use and their corresponding liability with Sitios Latam, resulting from the spin-off occurred in August 2022.
 

 (2)
Disposals includes the Panama disposal. See Note 2Ac.
 

 (3)
Transfers includes the Claro Chile, SpA joint venture. See Note 12b.
 
    Right-of-use assets        
   
Towers & Sites
    
Property
    
Other
equipment
    
Total
    
Liability related
to right-of-use of
assets
  
As of January 1, 2023
  
Ps.
106,219,649    
Ps.
9,222,438    
Ps.
6,432,009    
Ps.
121,874,096    
Ps.
134,148,811  
Additions and release
    
14,744,304
      
464,791
      
146,515
      
15,355,610
      
12,244,019
  
Modifications
    
25,773,865
      
1,430,795
      
(3,397,274
)
    
23,807,386
      
39,109,007
  
Depreciation
    
(26,763,563
)
    
(3,122,468
)
    
(1,953,019
)
    
(31,839,050
)
    
—
  
Interest expense
    
—
      
—
      
—
      
—
      
10,648,584
  
Payments
    
—
      
—
      
—
      
—
      
(39,498,197
)
Translation adjustment
    
(13,391,742
)
    
(1,358,124
)
    
(879,856
)
    
(15,629,722
)
    
(31,483,068
)
Balance at December 31, 2023
  
Ps.
106,582,513    
Ps.
6,637,432    
Ps.
348,375    
Ps.
113,568,320    
Ps.
125,169,156  

    Right-of-use assets        
   
Towers & Sites
    
Property
    
Other
equipment
    
Total
    
Liability related
to right-of-use
of assets
  
As of January 1, 2024
  
Ps.
106,582,513    
Ps.
6,637,432    
Ps.
348,375    
Ps.
113,568,320    
Ps.
 125,169,156  
Additions and release
    
69,238,564
      
5,007,853
      
481,822
      
74,728,239
      
74,430,110
  
Business combination
    
4,166,641
      
401,760
      
943,145
      
5,511,546
      
5,285,522
  
Modifications
    
20,750,663
      
3,644,901
      
6,460,657
      
30,856,221
      
31,996,863
  
Depreciation
    
(26,991,438
)
    
(3,151,532
)
    
(2,258,796
)
    
(32,401,766
)
    
—
  
Interest expense
    
—
      
—
      
—
      
—
      
16,594,964
  
Payments
    
—
      
—
      
—
      
—
      
(45,285,610
)
Translation adjustment
    
6,050,342
      
900,839
      
246,637
      
7,197,818
      
4,912,223
  
Balance at December 31, 2024
  
Ps.
179,797,285    
Ps.
13,441,253    
Ps.
6,221,840    
Ps.
199,460,378    
Ps.
 213,103,228  

At December 31, 2023 and 2024, the total of the right-of-use assets include an amount of Ps. 59,820,924 and Ps. 125,960,911 corresponding to related parties, respectively, and the total of lease liabilities include an amount of Ps. 61,881,679 and Ps. 131,170,623 corresponding to related parties, respectively. For the years ended December 31, 2022, 2023 and 2024, non-cash  net additions to right-of-use assets and their related liabilities amounted to Ps.4,862,627, Ps. 3,111,591, and Ps. 298,129,  respectively.

The lease debt of the Company is integrated according to its maturities as follows:

   
2023
    
2024
  
Short term
  
Ps.
24,375,010    
Ps.
35,436,851  
Long term
    
100,794,146
      
177,666,377
  
Total
  
Ps.
125,169,156    
Ps.
213,103,228  
 
The Company’s right of use long-term liability maturities as of December 31, 2024 are as follows:

Year ended December 31,
      
       
2026          
  
Ps.
25,309,238  
2027          
    
27,034,007
  
2028          
    
24,127,674
  
2029          
    
60,141,767
  
2030
    
20,138,132
  
2031 and thereafter
    
20,915,559
  
Total          
  
Ps.
177,666,377  

During the years ended December 31, 2022, 2023 and 2024, the Company recognized expenses as follows:

   
2022
  
   
Others
    
Related parties
    
Total
  
Depreciation expense of right-of-use assets
  
Ps.
18,095,871    
Ps.
10,888,990    
Ps.
28,984,861  
Interest expense on lease liabilities
    
6,395,988
      
2,507,409
      
8,903,397
  
Expense relating to short-term leases
    
24,234
      
—
      
24,234
  
Expense relating to leases of low-value assets
    
886
      
—
      
886
  
Variable lease payments
    
65,520
      
—
      
65,520
  
Total
  
Ps.
24,582,499    
Ps.
13,396,399    
Ps.
37,978,898  

   
2023
  
   
Others
    
Related parties
    
Total
  
Depreciation expense of right-of-use assets
  
Ps.
15,530,686    
Ps.
16,308,364    
Ps.
31,839,050  
Interest expense on lease liabilities
    
5,316,141
      
5,332,443
      
10,648,584
  
Expense relating to short-term leases
    
23,295
      
—
      
23,295
  
Expense relating to leases of low-value assets
    
1,749
      
—
      
1,749
  
Variable lease payments
    
67,927
      
—
      
67,927
  
Total
  
Ps.
20,939,798    
Ps.
21,640,807    
Ps.
42,580,605  

   
2024
  
   
Others
    
Related parties
    
Total
  
Depreciation expense of right-of-use assets
  
Ps.
16,046,897    
Ps.
16,354,869    
Ps.
32,401,766  
Interest expense on lease liabilities
    
6,055,603
      
10,539,361
      
16,594,964
  
Expense relating to short-term leases
    
845
      
—
      
845
  
Expense relating to leases of low-value assets
    
2,288
      
—
      
2,288
  
Variable lease payments
    
94,352
      
—
      
94,352
  
Total
  
Ps.
22,199,985    
Ps.
26,894,230    
Ps.
49,094,215