Critical Accounting Estimates and Judgments (Tables)

12 Months Ended

Dec. 31, 2020

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Summary of Sensitivity Analysis Based on 10% Increase/Decrease in Assumptions of Gross Margin, Discount Rate, Terminal Growth Rate (Details)

As of December 31, 2019, and 2020 the Corporation has performed a sensitivity analysis increasing or decreasing the assumptions of gross margin, discount rate, and revenue and terminal growth rate by a 10%, with all the other variables held constant, as follows:

	Difference between recoverable amount and carrying amounts
	2019					2020
Goodwill
Gross margin		(10	%)	+10	%		(10	%)	+10	%
Engineering and construction		(25.54	%)	(4.25	%)		(8.30	%)	37.10	%
Electromechanical		35.63	%	52.97	%		41.81	%	55.60	%
Discount rate:		(10	%)	+10	%		(10	%)	+10	%
Engineering and construction		(4.30	%)	(23.09	%)		32.68	%	0.53	%
Electromechanical		48.89	%	39.92	%		52.32	%	45.23	%
Terminal growth rate:		(10	%)	+10	%		(10	%)	+10	%
Engineering and construction		(16.31	%)	(13.38	%)		11.58	%	17.44	%
Electromechanical		42.36	%	46.32	%		46.83	%	50.65	%
Trademarks
Revenue growth rate:		(10	%)	+10	%		(10	%)	+10	%
Morelco		22.14	%	60.11	%		59.65	%	123.51	%
Vial y Vives - DSD		110.69	%	72.38	%		(1.04	%)	2.79	%
Discount rate:		(10	%)	+10	%		(10	%)	+10	%
Morelco		63.02	%	23.56	%		124.29	%	66.82	%
Vial y Vives - DSD		78.72	%	106.64	%		(6.56	%)	9.95	%
Terminal growth rate:		(10	%)	+10	%		(10	%)	+10	%
Morelco		37.49	%	44.02	%		86.47	%	97.09	%
Vial y Vives - DSD		88.07	%	95.20	%		(9.14	%)	11.05	%

Summary of Sensitivity Analysis Performed Considering a 10% Increase/Decrease in Group's Gross Margins

As of December 31, 2018, 2019 and 2020, a sensitivity analysis was performed considering a 10% increase/decrease in the Corporation’s gross margins, as follows:

	2018			2019			2020
Revenues		1,961,100			2,411,880			1,815,671
Gross profit		32,685			60,317			99,362
%		1.67			2.50			5.47
Plus 10%		1.84			2.75			6.02
Increase in profit before income tax		3,399			6,010			9,941
		36,084			66,327			109,303
Less 10%		1.50			2.25			4.92
Decrease in profit before income tax		(3,399	)		(6,010	)		(9,941	)
		29,286			54,307			89,421