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Financial assets and liabilities (Tables)
 12 Months Ended
Dec. 31, 2017
Financial assets and liabilities [Abstract]  
Financial assets
The financial assets and liabilities at December 31, 2017 and 2016 are summarized as follows:
 
  
2017
  
2016
 
Financial assets
      
Valued at amortized cost
      
Cash and cash equivalents
 
$
461,554
  
$
902,704
 
Trade receivables
  
250,637
   
796,369
 
Other accounts receivable
  
143,925
   
212,905
 
Related parties
  
217,188
   
59,098
 
Total current financial assets
 
$
1,073,304
  
$
1,971,076
 
Financial liabilities
Financial liabilities
        
Valued at amortized cost
        
Short-term portion of the financial debt
 
$
502,361
  
$
740,370
 
Trade payables
  
169,072
   
189,576
 
Accounts payable and accrued expenses
  
340,426
   
394,473
 
Related parties
  
34,756
   
51,515
 
Total short-term portion of the financial debt
  
1,046,615
   
1,375,934
 
Long-term financial debt
  
396,257
   
9,330,087
 
Total financial liabilities
 
$
1,442,872
  
$
10,706,021
 
Summary of Trust Certificates
At December 31, 2017 and 2016 the CBFs are summarized as follows:
 
  
2017
  
2016
 
Consolidated offering
 
$
10,500,000
  
$
10,500,000
 
Capitalization of interests
  
414,194
   
414,194
 
Payments made
  
(444,864
)
  
(444,864
)
Transaction costs
  
(737,973
)
  
(804,170
)
Subtotal
  
9,731,357
   
9,665,160
 
Interest payable
  
709,589
   
86,698
 
Subscription of mandatorily convertible debentures into shares through CBFs (see Note 18)
  
-
   
(851,054
)
Loss of control of TMM DM
  
(10,440,946
)
  
-
 
Long-term trust certificates
 
$
-
  
$
8,900,804
 
Summary of other financing
The information for other financing at December 31, 2017 and 2016 is summarized as follows:
 
  
2017
  
2016
 
  
Short-term
  
Long-term
  
Short-term
  
Long-term
 
Payable in Mexican pesos
            
Daimler Financial Services México, S. de R.L. de C.V.(a)
 
$
17,218
  
$
21,246
  
$
1,825
  
$
38,462
 
Recognition of debt and substitution of debtor for $40.9 million at a fixed rate of 12%, with monthly payments of principal and interest and maturing November 2019.
                
                 
Banco Autofin México, S.A. Institución de Banca Múltiple
  
19,559
   
55,930
   
19,644
   
75,487
 
Five lives of credit with mortgage surety for $45.8, $34.6, $25.5, $21.6, and $8.4 million at a variable rate of the 28- day TIIE plus 450 basis points, with monthly payments of principal and interest, maturing September 2021.
                
                 
INPIASA, S.A. de C.V. (b)
  
1,566
   
4,175
   
1,566
   
5,741
 
Contract for two lines of credit, the first for $15.7 million and the second for $4.2 million, both at a variable rate of the 28-day TIIE plus 450 basis points, with monthly payments of principal and interest, and maturing August 2021 and October 2016, respectively. The line amounting to $4.2 million was paid in full, and in accordance with the amortization schedule in October 2016.
                
                 
Banco del Bajío, S.A. (b)
  
1,423
   
1,304
   
1,541
   
2,728
 
$8.5 million line of credit at a variable rate of the 28-day TIIE plus 250 points, with monthly payments of principal and interest, and maturing November 2019.
                
                 
HSBC, S.A. (b)
  
1,629
   
3,802
   
1,629
   
5,432
 
$9.77 million line of credit at a variable rate of the 28-day TIIE plus 300 points, with monthly payments of principal and interest, and maturing April 2021.
                
                 
Caja de Ahorro Popular la Merced Sociedad de Ahorro y Préstamo, S. de R.L. de C.V. (b)
  
-
   
-
   
1,100
   
-
 
$2.64 million line of credit at a variable rate of the 28-day TIIE plus 200 points, with monthly payments of principal and interest, and maturing October 2017. The line was paid in full according to its amortization schedule in October 2017.
                
 
  2017  2016 
  Short-term  Long-term  Short-term  Long-term 
Banco del Bajío, S.A.
  
1,264
   
2,106
   
1,264
   
3,370
 
$9.36 million line of credit at a variable rate of the 28-day TIIE plus 250 points, with monthly payments of principal and interest, and maturing August 2020.
                
                 
Trust certificates
  
-
   
-
   
-
   
8,814,106
 
Portfolio securitization program with a variable interest rate of the 28-day TIIE annualized plus 245 basis points (at December 2017 close, this was 9.94%) maturing August 2035. See Note 5 on the loss of control of TMM DM.
                
                 
CI Banco S.A. Institución de Banca Múltiple
  
15,000
   
-
   
20,000
   
15,000
 
$40 million line of credit at a variable rate of the 28-day TIIE plus 150 points, with monthly payments of principal and interest on outstanding balances, and maturing November 2018.
  
 
   
 
   
 
   
 
 
                 
Interest payable  
2,213
   
-
   
160,920
   
-
 
   
59,872
   
88,563
   
209,489
   
8,960,326
 
 
  2017  2016 
  
Short-term
  
Long-term
  
Short-term
  
Long-term
 
Payable in US dollars
            
DVB Bank América, NV (c)
  
282,677
   
-
   
352,575
   
-
 
Two lines of credit with mortgage surety; the first for US$25.0 million (approximately $485.2 million) at an average rate of 7.42% and maturing May 2017. The second, for US$27.5 million (approximately $542.7 million), at an average rate of 7.78%, and maturing June 2017.
 
The restructuring of the payment schedule and outstanding balance amounting to $16.0 million dollars (approximately $315.7 million pesos) was formalized in June 2017, with a variable Libor rate at 90 days plus 325 points, with monthly payments on principal and interest on unpaid balances, due June 2018.
                
                 
DEG-Deutsche Investitions – UND (d)
  
23,682
   
29,603
   
20,105
   
55,793
 
US$8.5 million line of credit with pledge surety (approximately $167.7 million) at 8.01% fixed rate, with semiannual payments of principal and interest on outstanding balances, with a two year grace period on the principal and maturing July 2014. On September 2, 2016, the restructuring of the outstanding balance amounting to $4.1 million dollars (approximately 80.9 million) by extending the due date up to December 2019, with quarterly payments on principal and interest on the unpaid balance at a variable Libor rate at 90 days plus 550 points for the first 4 quarters, 650 points for the next 4 quarters, 750 points for the net 4 quarters, and finally 900 points for the last 2 quarters.
                
                 
Other (e)
  
98,677
   
-
   
123,984
   
-
 
Unsecured credits were contracted, each one amounting to $3.0 million dollars (approximately $59.2 million pesos) at a fixed rate of 11.25%, with semester payments on principal and interest, originally due January 2016. Both credits were contracted again in January 2017, and $1.0 million dollars on one of them was paid and both were due in July 2017. The payment rescheduling and outstanding balance amounting to $5.0 million dollars (approximately $98.7 million pesos) were formalized in July 2017, with a fixed rate of 11.25% with monthly payments on interest and principal, due July 2018.
                
 
  2017  2016 
 
Short-term
  
Long-term
  
Short-term
  
Long-term
 
FTAI Subsea 88 Ltd
  
10,954
   
171,479
   
9,770
   
191,017
 
US$10.8 million line of credit through financial leasing (approximately $213.1 million), at 15.92% fixed rate with monthly payments of principal and interest on outstanding balances and maturing November 2023.
                
   
415,990
   
201,082
   
506,434
   
246,810
 
Payable in euros
            
B V Scheepswerf Damen Gorinchem
  
26,499
   
106,612
   
24,447
   
122,951
 
Opening line of credit amounting to $7.58 million euros (approximating $159.2 million), at a 7.0% fixed rate with semester payments on principal and interest on unpaid balances and due November 2022.
                
   
26,499
   
106,612
   
24,447
   
122,951
 
  
$
502,361
  
$
396,257
  
$
740,370
  
$
9,330,087
 
 
 (a)
On August 2, 2016, the Company completed the restructuring process of its payment schedule.
 
(b)
They correspond to judicial and private agreements signed for the debt recognition with respect to Deposit Certificates secured and backed by ADEMSA, related party.
 
(c)
The Company formally completed the restructuring of the payment schedule and the new due date will be on June 18, 2018.
 
(d)
The Company formally completed the restructuring of the payment schedule and the new due date will be on December 15, 2019.
 
(e)
On January 31, 2017, both credits were contracted again by paying $1.0 million US dollars on one of the credits. As at the issue date of these financial statements, the Company is up to date in its obligations and completed the extension of the credit term to July 25, 2018.
Maturity of long-term financial debt
The maturity of the long-term financial debt at December 31, 2017 and 2016 is as follows:
 
Maturity
 
2017
  
2016
 
2018
 
$
-
  
$
118,515
 
2019
  
115,683
   
115,616
 
2020
  
65,390
   
64,040
 
2021
  
61,711
   
60,482
 
2022
  
48,538
   
157,327
 
2023 and thereafter
  
104,935
   
8,814,107
 
  
$
396,257
  
$
9,330,087