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Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Total
Share capital
Share premium
Premium on issue of shares
Capital transactions
Stock options
Other reserves
Reserve for own shares
Legal
Investments statutory
Tax-incentive reserve
Other comprehensive income
Cumulative Translation Adjustment
Undistributed results
Non-controlling interest 
Balance at Dec. 31, 2024 $ 8,134,364 $ 7,094,465 $ 13,177,841 $ 0 $ 36,321 $ (227,052) $ 10,145 $ (37,470) $ 0 $ 691,999 $ 2,070,113 $ 1,449,832 $ 67,583 $ (10,144,847) $ 0 $ 1,039,899
Net income 556,334 500,224                         500,224 56,110
Gain (loss) on foreign currency translation adjustments 451,293 574,457                       574,457   (123,164)
Gain on net investment in foreign operations 126,386 126,386                       126,386    
Gain on cash flow hedge, net of tax 282 282                     282      
Loss associated with pension and other post-retirement benefit obligations, net of tax (510) (409)                     (409)     (101)
Other fair value adjustments through other comprehensive income (25) (25)                     (25)      
Total comprehensive income 1,133,760 1,200,915 0 0 0 0 0 0 0 0 0 0 (152) 700,843 500,224 (67,155)
Share-based compensation 7,001 5,782       5,782                   1,219
Realization of other reserves (1) (1)           (374)             373  
Distribution of interim dividends (759,018) (759,018)                 (759,018)          
Dividends to non-controlling interest (260,331)                             (260,331)
Others 285                             285
Balance at May. 23, 2025 (5,417,642) (5,484,897) (13,142,337) 1,899,391 (36,321) 216,947 (10,145) 37,844 (6,544) (691,999) (1,311,095) (1,449,832) 159 8,947,969 61,066 67,255
Balance at Dec. 31, 2024 8,134,364 7,094,465 13,177,841 0 36,321 (227,052) 10,145 (37,470) 0 691,999 2,070,113 1,449,832 67,583 (10,144,847) 0 1,039,899
Net income 1,150,648                              
Other fair value adjustments through other comprehensive income (35)                              
Total comprehensive income 2,118,229                              
Balance at Jun. 30, 2025 9,246,393 8,420,120 35,114 7,310,860 0 2,078 0 0 (580) 0 0 0 68,186 (85,280) 1,089,742 826,273
Balance at May. 23, 2025 (5,417,642) (5,484,897) (13,142,337) 1,899,391 (36,321) 216,947 (10,145) 37,844 (6,544) (691,999) (1,311,095) (1,449,832) 159 8,947,969 61,066 67,255
Net income 594,314 528,079                         528,079 66,235
Gain (loss) on foreign currency translation adjustments 410,755 410,755                       410,755    
Gain on cash flow hedge, net of tax (373) (373)                     (373)      
Loss associated with pension and other post-retirement benefit obligations, net of tax 969 969                     969      
Other fair value adjustments through other comprehensive income (10)                             (10)
Total comprehensive income 984,469 939,430 0 0 $ 0 0 $ 0 $ 0 0 $ 0 0 $ 0 596 410,755 528,079 45,039
Dividends to non-controlling interest (1,386)                             (1,386)
Foreign exchange variation in subsidiaries (21,186)                             (21,186)
Cancellation of shares 0   (390) 390                        
Common share contribution 1,808,187 1,808,187   1,808,187                        
Incorporation of shares 3,995,860 3,995,860   3,995,860                        
Repurchase of shares 0     192         (192)              
Share premium distribution (387,004) (387,004)   (387,004)                        
Listing costs 6,119 6,119       6,119                    
Reflexive capital transaction 1,504 282       282                   1,222
Transfer of treasury shares       (6,156)         6,156              
Others 226                             226
Balance at Dec. 31, 2025 9,522,791 8,703,580 35,114 7,310,818   (68,076)     (598,423)   0   63,472 (125,097) 2,085,772 819,211
Net income 145,415 118,485                         118,485 26,930
Gain (loss) on foreign currency translation adjustments 329,929 340,313                     (250) 340,563   (10,384)
Gain on cash flow hedge, net of tax 2,822 2,745                     2,745     77
Loss associated with pension and other post-retirement benefit obligations, net of tax (696) (524)                     (524)     (172)
Other fair value adjustments through other comprehensive income 0                              
Total comprehensive income 477,470 461,019 0 0   0     0   0   1,971 340,563 118,485 16,451
Share-based compensation 82,626 80,610       28,349     52,261             2,016
Dividends to non-controlling interest (2,919)                             (2,919)
Common share contribution 0   6,446 (6,446)                        
Transfer of treasury shares 1,234 1,234             1,234              
Others (2,768) (2,768)       (2,768)                    
Allocation of results to Investments Statutory 0                   2,085,772       (2,085,772)  
Dividends declared (1,070,877) (1,070,877)                 (1,070,877)          
Closing of the bargaining gain calculation 51,504 51,504       51,504                    
Balance at Jun. 30, 2026 $ 9,059,061 $ 8,224,302 $ 41,560 $ 7,304,372   $ 9,009     $ (544,928)   $ 1,014,895   $ 65,443 $ 215,466 $ 118,485 $ 834,759