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Employee benefits (Tables)
12 Months Ended
Dec. 31, 2023
Text block [abstract]  
Summary of Employee Benefits Provisions

31 December

31 December

    

2023

    

2022

Defined benefit plans provision

 

1,684,487

2,621,135

Unused vacation provision

 

367,838

328,351

2,052,325

2,949,486

Summary of Movement in Provision for Retirement Pay Liability

Movements in provision for retirement pay liability are as follows:

    

2023

    

2022

Balance at 1 January

 

2,621,135

1,391,572

Service cost

 

352,454

164,086

Past service cost

 

3,821

3,574

Remeasurements

 

149,757

1,824,873

Interest expense

 

162,917

185,615

Benefit payments

(564,023)

(111,268)

Inflation adjustment

(1,041,575)

(837,317)

Balance at 31 December

 

1,684,487

2,621,135

Summary of Sensitivity of Provision for Retirement Pay Liability to Changes in the Significant Actuarial Assumptions

29.Employee benefits (continued)

The sensitivity of provision for retirement pay liability to changes in the significant actuarial assumptions is:

31 December 2023

Interest Rate

Inflation Rate

Sensitivity Level

    

1% increase

    

1% decrease

    

1% increase

    

1% decrease

Change in assumption

 

(14.1)

%

17.0

%

17.2

%

(14.4)

%

Impact on provision for defined benefit plans

 

(237,007)

286,194

290,406

(243,240)

31 December 2022

Interest Rate

Inflation Rate

Sensitivity Level

    

1% increase

    

1% decrease

    

1% increase

    

1% decrease

Change in assumption

 

(13.4)

%

16.3

%

16.5

%

(13.8)

%

Impact on provision for defined benefit plans

 

(403,655)

 

498,016

 

495,395

 

(408,897)