| Right-of-use assets, net and lease liability |
18. Right-of-use assets, net and lease liability As lessee Lease contracts entered into by the Company are as follows: In October 2008, the Company acquired the shares of Consorcio Grupo Hotelero T2, S.A. de C.V. As a result of this acquisition, the Company assumed the commitments established in the lease agreement signed with the Mexico City International Airport for a period of 20 years, to construct, prepare and operate a hotel, and manage commercial areas at Terminal 2 of the Mexico City International Airport, establishing a minimum guaranteed income (“MGI”), which updated amounted to 2025 was Ps. 40,544 annually, or a royalty of the 18% of the hotel’s revenue, whichever is greater. The MGI will be adjusted on an annual basis using Mexico’s Consumer Price Index (“NCPI” or “INPC,” for its acronym in Spanish). See note 28. | a. | The following is a summary of the right-of-use assets: |
| | | | | | | | | | Cost | | Buildings | | Other | | Total | Balance as of January 1, 2023 | | Ps. | 253,595 | | Ps. | 41,044 | | Ps. | 294,639 | Remediations | | | 17,994 | | | 8,316 | | | 26,310 | Decreases | | | (3,251) | | | (1,330) | | | (4,581) | Balance as of December 31, 2023 | | | 268,338 | | | 48,030 | | | 316,368 | Remediations | | | 9,781 | | | 10,264 | | | 20,045 | Decreases | | | — | | | (2,358) | | | (2,358) | Balance as of December 31, 2024 | | | 278,119 | | | 55,936 | | | 334,055 | Remediations | | | 5,541 | | | 26,598 | | | 32,139 | Decreases | | | — | | | (315) | | | (315) | Balance as of December 31, 2025 | | Ps. | 283,660 | | Ps. | 82,219 | | Ps. | 365,879 | | | | | | | | | | | Accumulated depreciation | | | | | | | | | | Balance as of January 1, 2022 | | Ps. | (101,110) | | Ps. | (28,525) | | Ps. | (129,635) | Depreciation of the year | | | (33,447) | | | (7,654) | | | (41,101) | Decreases | | | 2,471 | | | 1,339 | | | 3,810 | Balance as of December 31, 2022 | | | (132,086) | | | (34,840) | | | (166,926) | Depreciation of the year | | | (33,053) | | | (8,537) | | | (41,590) | Decreases | | | — | | | 760 | | | 760 | Balance as of December 31, 2023 | | | (165,139) | | | (42,617) | | | (207,756) | Depreciation of the year | | | (45,241) | | | (165) | | | (45,406) | Decreases | | | — | | | 339 | | | 339 | Balance as of December 31, 2024 | | Ps. | (210,380) | | Ps. | (42,443) | | Ps. | (252,823) |
| b. | Amounts recognized in consolidated statement of profit or loss statement: |
| | | | | | | | | | | | 2025 | | 2024 | | 2023 | Depreciation expense of right of use assets | | Ps. | 47,263 | | Ps. | 41,590 | | Ps. | 41,597 | Interest expense on lease liabilities | | | 22,897 | | | 23,261 | | | 28,847 |
| c. | The following is a summary of the lease liability: |
| | | | | | | | | | | | 2025 | | 2024 | | 2023 | Maturity analysis: | | | | | | | | | | Less than one year | | Ps. | 49,113 | | Ps. | 19,022 | | Ps. | 43,535 | Greater than 1 year and less than 3 years | | | 109,508 | | | 127,927 | | | 43,751 | Greater than 3 years until maturity | | | — | | | 32,041 | | | 105,893 | Total | | Ps. | 158,621 | | | 178,990 | | | 193,179 |
The Company does not face a significant liquidity risk with respect to its lease liabilities. Lease liabilities are monitored through the Company’s treasury department. | d. | As of December 31, 2025, 2024 and 2023, the total cash outflow for leases amounted to Ps. 70,501, Ps. 63,034 and Ps. 58,780 (excluding items disbursed in excess of the IMG as variable participation), respectively. |
As lessor Revenues from operating leases Mainly related to leases entered into by the Company, which are based on monthly rental payments that generally increase each year based on the NCPI, and/or the greater of a guaranteed minimum monthly rent plus a percentage of the tenant’s monthly income. As of December 31, 2025, 2024 and 2023, the committed future rents to be received are as follows: | | | | | | | | | | | | Year ended December 31, | | | 2025 | | 2024 | | 2023 | Maturity: | | | | | | | | | | Less than 1 year | | Ps. | 424,072 | | Ps. | 765,919 | | Ps. | 668,636 | Greater than 1 year and less than 5 years | | | 889,748 | | | 1,685,744 | | | 738,435 | Greater than 5 years | | | 360,837 | | | 663,232 | | | 369,289 | Total | | Ps. | 1,674,657 | | Ps. | 3,114,895 | | Ps. | 1,776,360 |
Minimum lease payments in the table above do not include contingent rentals, such as increases by NCPI or increases by a percentage of the monthly income of the lessee. Contingent rental income recorded for the years ended December 31, 2025, 2024, and 2023 were Ps. 495,886, Ps. 448,863 and Ps. 414,934, respectively. Accrued operating lease income is detailed in note 26.
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