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OTHER LIABILITIES - NON CURRENT AND CURRENT (Tables) | 12 Months Ended
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Dec. 31, 2022
Disclosure of other liabilities [Abstract] |
Schedule of other non-current liabilities |
|  | As of December 31,
|  | 2022 |  | 2021
(i) Other liabilities - Non current |  |  |  |
Post-employment benefits |  | 405,018 |  |  | 390,942 |
Other employee benefits |  | 84,028 |  |  | 74,787 |
Asset retirement obligation (note 18) (1) |  | 38,104 |  |  | 32,098 |
Other |  | 11,064 |  |  | 9,059 |
Other liabilities – Non-current |  | 538,214 |  |  | 506,886 |
(1) The asset in connection with this liability is included in Property, plant and equipment.
Schedule of other liabilities recognized in statement of financial position | The amounts recognized in the consolidated statement of financial position are determined as follows:
|  | Post-employment benefits
|  | As of December 31,
|  | 2022 |  | 2021
Present value of unfunded obligations |  | 405,018 |  |  | 390,942 |
Liability in the statement of financial position |  | 405,018 |  |  | 390,942 |
Changes in the liability recognized in the consolidated statement of financial position are as follows:
|  | Post-employment benefits
|  | As of December 31,
|  | 2022 |  | 2021
At the beginning of the year |  | 390,942 |  |  | 432,648 |
Transfers, new participants and funding of the plan |  | (508) |  |  | 1,255 |
Total expense |  | 46,381 |  |  | 43,287 |
Remeasurements |  | (24,567) |  |  | (46,777) |
Effect of changes in demographic assumptions |  | 3,990 |  |  | 710 |
Effect of changes in financial assumptions |  | (36,927) |  |  | (82,243) |
Effect of experience adjustments |  | 8,370 |  |  | 34,756 |
Translation differences |  | 21,088 |  |  | (11,720) |
Contributions paid |  | (28,318) |  |  | (27,751) |
At the end of the year |  | 405,018 |  |  | 390,942 |
Schedule of amounts recognized in income statement | The amounts recognized in the consolidated income statement are as follows:
|  | Post-employment benefits
|  | Year ended December 31,
|  | 2022 |  | 2021
Current service cost |  | 13,721 |  |  | 13,624 |
Interest cost |  | 32,660 |  |  | 29,663 |
Total included in labor costs |  | 46,381 |  |  | 43,287 |
Schedule of principal actuarial assumptions | The principal actuarial assumptions used were as follows:
|  | Year ended December 31,
Mexico |  | 2022 |  | 2021
Discount rate |  | 9.00% |  | 8.00%
Compensation growth rate |  | 6.00% - 7.00% |  | 6.00% - 7.00%
|  | Year ended December 31,
Argentina |  | 2022 |  | 2021
Discount rate |  | 6.00% - 7.00% |  | 6.00% - 7.00%
Compensation growth rate |  | 2.00% - 3.00% |  | 2.00% - 3.00%
Schedule of sensitivity of the defined benefit obligation to changes in the weighted principal assumptions | The sensitivity of the defined benefit obligation to changes in the weighted principal assumptions is as follows:
|  | Impact on defined benefit obligation
|  | Change in assumption |  | Increase in assumption |  | Decrease in assumption
Discount rate |  | 1.00 | % |  | -8.1 | % |  | 9.5 | %
Compensation growth rate |  | 1.00 | % |  | 3.3 | % |  | -2.8 | %
Pension growth rate |  | 1.00 | % |  | -1.0 | % |  | 1.1 | %
Life expectancy |  | 1 year |  | -2.3 | % |  | 2.4 | %
Schedule of other current liabilities |
|  | As of December 31,
|  | 2022 |  | 2021
(ii) Other liabilities - Current |  |  |  |
Payroll and social security payable |  | 150,378 |  |  | 161,303 |
VAT liabilities |  | 113,842 |  |  | 107,453 |
Other tax liabilities |  | 55,622 |  |  | 53,378 |
Termination benefits |  | 761 |  |  | 787 |
Related Parties (Note 25) |  | 515 |  |  | 28 |
Asset retirement obligation (Note 18) |  | 3,303 |  |  | 3,610 |
Others |  | 20,422 |  |  | 18,564 |
Other liabilities – Current |  | 344,843 |  |  | 345,123 |

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