XML 68 R54.htm IDEA: XBRL DOCUMENT
v3.25.1

Loans and borrowings (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Borrowings [abstract] |
Summary of Loans and Borrowings |
| 2024
| Due through |  | Effective rates ranged |  | Carrying Amount
Long term fixed rate debt | 2034 |  | 1.74% to 4.91% |  | 1,077,395 |
Long term variable rate debt | 2034 |  | 5.71% to 6.05% |  | 593,412 |
|  |  |  |  | 1,670,807 |
Current maturities |  |  |  |  | (254,854) |
Loans and borrowings long-term |  |  |  |  | $ | 1,415,953 |
| 2023
| Due through |  | Effective rates ranged |  | Carrying Amount
Long term fixed rate debt | 2034 |  | 1.73% to 3.99% |  | 1,039,821 |
Long term variable rate debt | 2033 |  | 6.53% to 6.86% |  | 422,870 |
|  |  |  |  | 1,462,691 |
Current maturities |  |  |  |  | (222,430) |
Loans and borrowings long-term |  |  |  |  | $ | 1,240,261 |
Summary of Maturities of Loans and Borrowings | Maturities of the loans and borrowings for the next five years are as follows:
2025 | 254,854 |
2026 | 138,569 |
2027 | 148,467 |
2028 | 233,952 |
2029 | 198,164 |
Thereafter | 696,801 |
| $ | 1,670,807 |
Summary of Detailed information about Impact of the Embedded Derivative on the Financial Statements Explanatory | The impact of this embedded derivative on the consolidated statement of profit or loss is, as follows:
|  |  | Statement of profit or loss
|  |  |  |  | 2024 |  | 2023 |  | 2022
Derivative financial instrument |  |  |  |  | $— |  | $(98,347) |  | $17,189
Summary of Finance Cost and Income | The detail of finance cost and income is as follows:
| 2024 |  | 2023 |  | 2022
Finance income - |  |  |  |  |
Interest income on short-term bank deposits | $ | 2,316 |  |  | $ | 1,541 |  |  | $ | 954 |
Interest income on investment | 56,596 |  |  | 48,667 |  |  | 17,076 |
| $ | 58,912 |  |  | $ | 50,208 |  |  | $ | 18,030 |
Finance cost - |  |  |  |  |
Interests expense on bank loans | $ | (54,188) |  |  | $ | (41,917) |  |  | $ | (30,502) |
Interests expense on senior convertible notes | — |  |  | (87,862) |  |  | (42,403) |
Interest on factoring | — |  |  | (3,315) |  |  | (5,393) |
Interest expense on lease liabilities | (13,865) |  |  | (13,279) |  |  | (7,445) |
Unwinding of discount and changes in the discount rate | (16,440) |  |  | (11,843) |  |  | (1,888) |
| $ | (84,493) |  |  | $ | (158,216) |  |  | $ | (87,631) |
Summary of Changes in Liabilities Arising from Financing Activities | Changes in liabilities arising from financing activities:
| 2023 |  | Cash flows |  | Non-cash movements
|  |  | Foreign exchange movement |  | Leases |  | Other |  | 2024
Loans and borrowings | $ | 1,462,691 |  |  | $ | 197,938 |  |  | $ | — |  |  | $ | — |  |  | $ | 10,178 |  |  | $ | 1,670,807 |
Lease liability | 283,657 |  |  | (61,140) |  |  | (330) |  |  | 107,118 |  |  | 392 |  |  | 329,697 |
Total liabilities used in financing activities | $ | 1,746,348 |  |  | $ | 136,798 |  |  | $ | (330) |  |  | $ | 107,118 |  |  | $ | 10,570 |  |  | $ | 2,000,504 |
|  |  |  |  | Non-cash movements
| 2022 |  | Cash flows |  | Foreign exchange movement |  | Leases |  | Other |  | 2023
Loans and borrowings | $ | 1,444,303 |  |  | $ | (73,945) |  |  | $ | — |  |  | $ | — |  |  | $ | 92,333 |  |  | $ | 1,462,691 |
Lease liability | 238,373 |  |  | (79,999) |  |  | 448 |  |  | 124,835 |  |  | — |  |  | 283,657 |
Total liabilities used in financing activities | $ | 1,682,676 |  |  | $ | (153,944) |  |  | $ | 448 |  |  | $ | 124,835 |  |  | $ | 92,333 |  |  | $ | 1,746,348 |

X
- Definition DisclosureOfChangesInLiabilitiesArisingFromFinancingActivitiesExplanatory + References No definition available. + Details
Name: | cpa_DisclosureOfChangesInLiabilitiesArisingFromFinancingActivitiesExplanatoryTableTextBlock
Namespace Prefix: | cpa_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of detailed information about impact of the embedded derivative on the financial statements explanatory. + References No definition available. + Details
Name: | cpa_DisclosureOfDetailedInformationAboutImpactOfTheEmbeddedDerivativeOnTheFinancialStatementsExplanatoryTableTextBlock
Namespace Prefix: | cpa_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_BorrowingsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of debt instruments. [Refer: Debt instruments issued; Debt instruments held] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_10_e&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfDebtSecuritiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of detailed information about borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2024-01-01 -Paragraph 7 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2024-en-r&anchor=para_7&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of finance cost. [Refer: Finance costs] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_10_e&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfFinanceCostExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration