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v3.25.4

Loans and borrowings (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Borrowings [abstract] |
Summary of Loans and Borrowings |
| 2025
| Due through |  | Effective rates ranged |  | Carrying amount
Long term fixed rate debt | 2035 |  | 0.97% to 4.91% |  | 1,062,898 |
Long term variable rate debt | 2035 |  | 4.89% to 5.87% |  | 917,543 |
|  |  |  |  | 1,980,441 |
Current maturities |  |  |  |  | (172,885) |
Loans and borrowings long-term |  |  |  |  | $ | 1,807,556 |
| 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 |
Summary of Maturities of Loans and Borrowings | Maturities of the loans and borrowings for the next five years are as follows:
2026 | 172,885 |
2027 | 178,690 |
2028 | 266,859 |
2029 | 231,772 |
2030 | 127,457 |
Thereafter | 1,002,778 |
| $ | 1,980,441 |
Summary of Finance Cost and Income | The detail of finance cost and income is as follows:
| 2025 |  | 2024 |  | 2023
Finance income - |  |  |  |  |
Interest income on short-term bank deposits | $ | 2,398 |  |  | $ | 2,316 |  |  | $ | 1,541 |
Interest income on investment | 60,194 |  |  | 56,596 |  |  | 48,667 |
| $ | 62,592 |  |  | $ | 58,912 |  |  | $ | 50,208 |
Finance cost - |  |  |  |  |
Interests expense on bank loans | $ | (63,246) |  |  | $ | (54,188) |  |  | $ | (41,917) |
Interests expense on senior convertible notes | — |  |  | — |  |  | (87,862) |
Interest on factoring | — |  |  | — |  |  | (3,315) |
Interest expense on lease liabilities | (18,126) |  |  | (13,865) |  |  | (13,279) |
Unwinding of discount and changes in the discount rate | (17,021) |  |  | (16,440) |  |  | (11,843) |
| $ | (98,393) |  |  | $ | (84,493) |  |  | $ | (158,216) |
Summary of Changes in Liabilities Arising from Financing Activities | Changes in liabilities arising from financing activities:
| 2024 |  | Cash flows |  | Non-cash movements
|  |  | Foreign exchange movement |  | Leases |  | Other |  | 2025
Loans and borrowings | $ | 1,670,807 |  |  | $ | 297,584 |  |  | $ | — |  |  | $ | — |  |  | $ | 12,050 |  |  | $ | 1,980,441 |
Lease liabilities | 329,697 |  |  | (59,089) |  |  | 243 |  |  | 53,664 |  |  | — |  |  | 324,515 |
Total liabilities used in financing activities | $ | 2,000,504 |  |  | $ | 238,495 |  |  | $ | 243 |  |  | $ | 53,664 |  |  | $ | 12,050 |  |  | $ | 2,304,956 |
|  |  |  |  | Non-cash movements
| 2023 |  | Cash flows |  | Foreign exchange movement |  | Leases |  | Other |  | 2024
Loans and borrowings | $ | 1,462,691 |  |  | $ | 197,938 |  |  | $ | — |  |  | $ | — |  |  | $ | 10,178 |  |  | $ | 1,670,807 |
Lease liabilities | 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 |

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