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Non-controlling Interests
12 Months Ended
Dec. 31, 2020
Non-controlling Interests  
Non-controlling Interests

19.Non-controlling Interests

Non-controlling interests as of December 31, 2020 and 2019, consisted of:

 

 

 

 

 

 

 

 

 

    

2020

    

2019

Capital stock

 

Ps.

1,102,334

  

Ps.

1,155,998

Additional paid-in capital

 

 

2,986,360

 

 

3,001,681

Legal reserve

 

 

216,071

 

 

164,832

Retained earnings from prior years (1) (2) (3)

 

 

8,483,413

 

 

8,930,063

Net income for the year

 

 

1,553,166

 

 

1,480,674

Accumulated other comprehensive income (loss):

 

 

 

 

 

  

Cumulative result from foreign currency translation

 

 

166,275

 

 

148,318

Remeasurement of post-employment benefit obligations on defined benefit plans

 

 

(10,595)

 

 

(7,799)

 

 

Ps.

14,497,024

  

Ps.

14,873,767

 

(1)

In 2020, 2019 and 2018, the holding companies of the Sky segment paid a dividend to its equity owners in the aggregate amount of Ps.2,750,000, Ps.3,800,000 and Ps.3,000,000, respectively, of which Ps.1,134,808, Ps.1,570,659 and Ps.1,240,002, respectively, were paid to its non-controlling interests.

(2)

In 2020, the stockholders of Pantelion approved the payment of a dividend in the amount of Ps.394,269, of which Ps.193,192, were for its non-controlling interests.

(3)

In 2020, the stockholders of Radiopolis approved the payment of a dividend in the amount of Ps. 656,346, of which Ps. 325,173, were for its non-controlling interests, and of which only Ps.285,669 were paid.

Amounts of consolidated current assets, non-current assets, current liabilities and non-current liabilities of Empresas Cablevisión and Sky as of December 31, 2020 and 2019, are set forth as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Empresas Cablevisión

 

Sky

 

    

2020

    

2019

     

2020

    

2019

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Current assets

 

Ps.

6,046,592

 

Ps.

5,035,670

 

Ps.

6,632,763

 

Ps.

9,891,514

Non-current assets

 

 

22,499,913

 

 

19,371,687

 

 

18,515,500

 

 

17,930,006

Total assets

 

 

28,546,505

 

 

24,407,357

 

 

25,148,263

 

 

27,821,520

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

  

 

 

  

 

 

 

 

 

 

Current liabilities

 

 

5,267,184

 

 

5,565,268

 

 

5,182,302

 

 

3,586,272

Non-current liabilities

 

 

3,943,909

 

 

1,326,812

 

 

5,967,680

 

 

9,319,812

Total liabilities

 

 

9,211,093

 

 

6,892,080

 

 

11,149,982

 

 

12,906,084

Net assets

 

Ps.

19,335,412

  

Ps.

17,515,277

 

Ps.

13,998,281

  

Ps.

14,915,436

 

Amounts of consolidated net sales, net income and total comprehensive income of Empresas Cablevisión and Sky for the years ended December 31, 2020 and 2019, are set forth as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Empresas Cablevisión

 

Sky

 

 

    

2020

    

2019

    

2020

    

2019

    

Net sales

 

Ps.

15,906,914

 

Ps.

14,465,512

 

Ps.

22,134,943

 

Ps.

21,347,241

 

Non-income

 

 

1,828,000

 

 

1,085,880

 

 

1,848,374

 

 

1,880,607

 

Total comprehensive income

 

 

1,820,135

 

 

1,084,162

 

 

1,864,408

 

 

1,850,735

 

 

As of December 31, 2020, the Group did not have dividends payable.

Amounts of consolidated summarized cash flows of Sky and Empresas Cablevisión for the years ended December 31, 2020 and 2019, are set forth as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Empresas Cablevisión

 

Sky

 

 

    

2020

    

2019

    

2020

    

2019

    

Cash flows from operating activities

 

Ps.

3,959,679

 

Ps.

3,756,935

 

Ps.

8,645,025

 

Ps.

8,118,541

 

Cash flows used in  investing activities

 

 

(5,824,827)

 

 

(3,301,043)

 

 

(5,547,152)

 

 

(4,006,732)

 

Cash flows from (used in) financing activities

 

 

2,104,416

 

 

(1,855,636)

 

 

(6,392,614)

 

 

(5,172,976)

 

Net increase (decrease) in cash and cash equivalents

 

Ps.

239,268

  

Ps.

(1,399,744)

 

Ps.

(3,294,741)

  

Ps.

(1,061,167)