Cash and cash equivalents

12 Months Ended

Dec. 31, 2017

Cash and cash equivalents [Abstract]

Cash and cash equivalents

6 Cash and cash equivalents

Cash and cash equivalents at December 31, 2017 and 2016, are summarized as follows:

	2017		2016
Cash on hand	$	925	$	2,087
Cash at banks		158,035		302,753
Short-term investments (a)		235,007		535,498
Restricted cash (b)		67,587		62,366
	$	461,554	$	902,704

(a) Includes fix-term deposits (promissory notes) and repurchase/resell agreements with terms up to 3 days.

(b) Restricted cash represents the amount required to guarantee payments according to the obligations arising from the debt agreements for the acquisition of vessels and guarantee found for the sale of Terminal Marítima de Tuxpan, S.A. de C.V.