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Other Current Assets and Other Current Financial Assets
12 Months Ended
Dec. 31, 2023
Current assets [abstract]  
Other Current Assets and Other Current Financial Assets Other Current Assets and Other Current Financial Assets
9.1 Other current assets
    December 31, 2023December 31, 2022
Prepaid expenses Ps.3,331Ps.3,953
Agreements with customers, net of accumulated amortization 126208
Licenses 233247
Other 12770
 Ps.3,817Ps.4,478

As of December 31, 2023 and 2022, the Company’s prepaid expenses are as follows:
    December 31, 2023December 31, 2022
Advances for inventories Ps.1,826Ps.1,964
Advertising and promotional expenses paid in advance 96119
Advances to service suppliers 444
Prepaid leases 6364
Prepaid insurance 674332
Others 6681,430
 Ps.3,331Ps.3,953

For the years ended December 31, 2023, 2022 and 2021, the Company’s advertising and promotional expenses amounted to Ps. 6,778, Ps. 5,768 and Ps. 7,586, respectively.
9.2 Other current financial assets
    20232022
Restricted cash Ps.304 Ps.1,103 
Derivative financial instruments (see Note 21) 431 10,061 
Notes receivable (1)
 16,125 205 
 Ps.16,860 Ps.11,369 
(1) In 2023, the Company sold its investment in Jetro Restaurant Depot. As part of the purchase sale agreement, a note receivable was agreed for U.S.$933 (Ps. 15,954), see Note 14.2.

The Company has pledged part of its cash to fulfill the collateral requirements for the accounts payable in different currencies. As of December 31, 2023 and 2022, the restricted cash pledged was held in:
    20232022
U.S. Dollars Ps.304Ps.1,095
Chilean pesos 8
 Ps.304Ps.1,103

The restricted cash in U.S. Dollars corresponds to operations in Brazil and relates to short term deposits in order to fulfill the collateral requirements for accounts payable.