Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Provisions

v3.20.1
Provisions
 12 Months Ended
Dec. 31, 2019
Provisions [Abstract]  
Provisions
17. Provisions

 

        Commissions,
promotions and
other		     Bonuses and
other employee
benefits		     Professional
services fees		    

 

Total

  
                             
As of January 1, 2018     Ps. 41,324       1,158       -       42,482  
                                     
Increases         247,282       56,854       30,704       334,840  
Payments         (252,801 )     (56,054 )     (29,481 )     (338,336 )
                                     
As of December 31, 2018     Ps. 35,805       1,958       1,223       38,986  
                                     
Increases         345,148       90,843       2,026       438,017  
Payments         (348,174 )     (79,445 )     (2,695 )     (430,314 )
                                     
As of December 31, 2019     Ps. 32,779       13,356       554       46,689  

 

Commissions, promotions and other

 

Commissions, promotions and other includes commissions payable to the sales force for the last week of the year, which are settled in the first week of the following year. Additionally, it includes the provision of reward points obtained by distributors and associates for the sale of products and for increasing the network of registered distributors and associates.

 

Bonuses and other employee benefits

 

Bonuses and other employee benefits include annual performance bonuses as well as vacation provisions, vacation premium, savings fund, among others.

 

Professional services fees

 

Professional services fees includes the fees for services such as external audit, legal, internal audit, among others.