XML 65 R48.htm IDEA: XBRL DOCUMENT
v3.25.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Income Taxes [Abstract] |
Schedule of Income Tax Charged | The analysis of the income tax charged to the results of 2024, 2023 and 2022 is as follows:
|  | 2024 |  |  | 2023 |  |  | 2022 |
Income tax of the year for Mexican companies |  | $ | 1,053,009 |  |  | $ | 1,291,378 |  |  | $ | 2,549,851 |
Income tax year for foreign companies |  |  | 1,299,798 |  |  |  | 403,436 |  |  |  | 599,940 |
Deferred tax for Mexican companies |  |  | (339,462 | ) |  |  | (40,943 | ) |  |  | (119,999 | )
Deferred tax for foreign companies |  |  | 46,778 |  |  |  | 86,127 |  |  |  | 269,730 |
|  | $ | 2,060,123 |  |  | $ | 1,739,998 |  |  | $ | 3,299,522 |
Schedule of Income Tax Expense (Benefit) | During 2024, 2023 and 2022, the income tax expense (benefit) attributable to income was different from the one that will result for applying 30% (tax rate in Mexico) before these provisions, as a result of the items shown below:
|  | 2024 |  |  | 2023 |  |  | 2022 |
Expected benefit, expense |  | $ | 3,771,845 |  |  | $ | 1,804,233 |  |  | $ | 3,348,174 |
Increase (decrease) as a result of: |  |  |  |  |  |  |  |  |  |  |  |
Inflation effect, net |  |  | (499,798 | ) |  |  | (581,549 | ) |  |  | (524,640 | )
Impact of the nominal rate differences between the USA and Mexico |  |  | 97,889 |  |  |  | 112,377 |  |  |  | 29,996 |
Benefit from utilization of tax loss carry-forwards and others (1) |  |  | 712,763 |  |  |  | 342,202 |  |  |  | 80,166 |
Others, net (includes permanent items) Income tax expense |  |  | (2,022,576 | ) |  |  | 62,735 |  |  |  | 365,826 |
Income tax expense |  | $ | 2,060,123 |  |  | $ | 1,739,998 |  |  | $ | 3,299,522 |
Effective tax rate |  |  | 16.42 | % |  |  | 27.92 | % |  |  | 29.56 | %
| (1) | This amount corresponds to the income tax benefit obtained by those companies that used tax loss carry-forwards in the years presented that were generated previously to 2024, 2023 and 2022, less the effect of tax losses incurred by some subsidiaries for which no deferred tax asset was recorded.
Schedule of Tax Losses Pending of Amortize | As of December 31, 2024, Grupo Simec, S.A.B. de C.V. and certain of its Mexican subsidiaries have updated tax losses pending of amortize as follows:
Origin Date |  | Expiration Date |  | Tax losses available |
2015 |  | 2025 |  |  | 6,408 |
2016 |  | 2026 |  |  | 385,560 |
2017 |  | 2027 |  |  | 274,073 |
2018 |  | 2028 |  |  | 15,934 |
2019 |  | 2029 |  |  | 717,306 |
2020 |  | 2030 |  |  | 446,064 |
2021 |  | 2031 |  |  | 688,677 |
2022 |  | 2033 |  |  | 1,046,519 |
2023 |  | 2033 |  |  | 657,289 |
2024 |  | 2034 |  |  | 485,302 |
|  |  |  | $ | 4,723,132 |
Schedule of Deferred Income Tax Liability | Below is a summary of the effects of the main temporary items that make up the deferred income tax liability included in the consolidated statement of financial position:
|  | December 31, |
|  | 2024 |  |  | 2023 |
Deferred tax assets: |  |  |  |  |  |
Allowance for doubtful accounts |  | $ | (132,497 | ) |  | $ | (68,211 | )
Advances from customers |  |  | 87,666 |  |  |  | 208,805 |
Total deferred tax assets |  |  | (44,831 | ) |  |  | 140,594 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Property, plant and equipment |  |  | 3,089,311 |  |  |  | 3,442,332 |
Intangible assets from Grupo San |  |  | 415,850 |  |  |  | 399,050 |
Provisions |  |  | 71,068 |  |  |  | 77,604 |
Prepaid expenses |  |  | 47,822 |  |  |  | 45,294 |
Total deferred tax liabilities |  |  | 3,624,051 |  |  |  | 3,964,280 |
Deferred tax liabilities, net |  | $ | 3,668,882 |  |  | $ | 3,823,686 |

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

X
- Definition The disclosure of deferred taxes. [Refer: Deferred tax liabilities; Deferred tax assets] + 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_DisclosureOfDeferredTaxesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of detailed information about income tax charged credited explanatory. + References No definition available. + Details
Name: | simecb_ScheduleOfDetailedInformationAboutIncomeTaxChargedCreditedExplanatoryTableTextBlock
Namespace Prefix: | simecb_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of detailed information about income tax expense benefit explanatory. + References No definition available. + Details
Name: | simecb_ScheduleOfDetailedInformationAboutIncomeTaxExpenseBenefitExplanatoryTableTextBlock
Namespace Prefix: | simecb_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of detailed information about tax losses pending of amortize explanatory. + References No definition available. + Details
Name: | simecb_ScheduleOfDetailedInformationAboutTaxLossesPendingOfAmortizeExplanatoryTableTextBlock
Namespace Prefix: | simecb_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration