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Consolidated Statements of Changes in Equity $ in Thousands | USD ($) | Capital stock USD ($) | Capital stock Common shares shares | Contributed surplus USD ($) | Retained earnings USD ($) | Accumulated  other  comprehensive income (loss) USD ($) | Shareholders’ equity USD ($) | Non-controlling interests USD ($)
--- | --- | --- | --- | --- | --- | --- | --- | ---
Balance, beginning of period (in shares) at Dec. 31, 2022 | shares |  |  | 69,239,136 |  |  |  |  |
Balance, beginning of period at Dec. 31, 2022 | $ 2,429,457 | $ 401,295 |  | $ 1,904 | $ 1,466,872 | $ 241,942 | $ 2,112,013 | $ 317,444
Net income | 284,122 |  |  |  | 174,140 |  | 174,140 | 109,982
Other comprehensive income (loss) | (243,542) |  |  |  | (1,976) | (241,566) | (243,542) |
Compensation expense recorded for stock options | 124 |  |  | 124 |  |  | 124 |
Issue of shares on exercise of stock options (in shares) | shares |  |  | 43,067 |  |  |  |  |
Issue of shares on exercise of stock options | 1,437 | 1,437 |  |  |  |  | 1,437 |
Reclassification of grant date fair value on exercise of stock options | 0 | 190 |  | (190) |  |  |  |
Payments for repurchase of shares (in shares) | shares |  |  | (1,894,711) |  |  |  |  |
Payments for repurchase of shares | (86,392) | (10,998) |  |  | (75,394) |  | (86,392) |
Dividend payments to Methanex Corporation shareholders | (49,378) |  |  |  | (49,378) |  | (49,378) |
Distributions made and accrued to non-controlling interests | (185,336) |  |  |  |  |  |  | (185,336)
Realized hedge losses recognized in cash flow hedges | 22,525 |  |  |  |  | 22,525 | 22,525 |
Balance, end of period (in shares) at Dec. 31, 2023 | shares |  |  | 67,387,492 |  |  |  |  |
Balance, end of period at Dec. 31, 2023 | 2,173,017 | 391,924 |  | 1,838 | 1,514,264 | 22,901 | 1,930,927 | 242,090
Net income | 250,245 |  |  |  | 163,986 |  | 163,986 | 86,259
Other comprehensive income (loss) | (27,856) |  |  |  | 1,003 | (28,859) | (27,856) |
Compensation expense recorded for stock options | 162 |  |  | 162 |  |  | 162 |
Issue of shares on exercise of stock options (in shares) | shares |  |  | 7,720 |  |  |  |  |
Issue of shares on exercise of stock options | 227 | 227 |  |  |  |  | 227 |
Reclassification of grant date fair value on exercise of stock options | 0 | 50 |  | (50) |  |  |  |
Dividend payments to Methanex Corporation shareholders | (49,867) |  |  |  | (49,867) |  | (49,867) |
Distributions made and accrued to non-controlling interests | (40,642) |  |  |  |  |  |  | (40,642)
Realized hedge losses recognized in cash flow hedges | 75,980 |  |  |  |  | 75,980 | 75,980 |
Balance, end of period (in shares) at Dec. 31, 2024 | shares |  |  | 67,395,212 |  |  |  |  |
Balance, end of period at Dec. 31, 2024 | $ 2,381,266 | $ 392,201 |  | $ 1,950 | $ 1,629,386 | $ 70,022 | $ 2,093,559 | $ 287,707

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