XML 96 R55.htm IDEA: XBRL DOCUMENT
v3.25.1

Credit facilities and long-term debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Borrowings [abstract] |
Carrying Amount and Fair Value of Lease and Debt Obligations | The carrying amount and the fair value of the Company’s debt obligations, including leases, at December 31, 2024, is as follows:
| 2024
| Carrying Amount |  | Fair Value
Current |  |  |
Loans from third parties | $ | 25,143 |  |  | $ | 25,143 |
Loans from related parties | 8,465 |  |  | 8,465 |
Lease liabilities | 12,386 |  |  | 12,022 |
| $ | 45,994 |  |  | $ | 45,630 |
Non-current |  |  |
Loans from related parties | $ | 358,222 |  |  | $ | 361,052 |
Lease liabilities | 55,967 |  |  | 43,598 |
| $ | 414,189 |  |  | $ | 404,650 |
Total borrowings | $ | 460,183 |  |  | $ | 450,280 |
The carrying amount and the fair value of the Company’s debt obligations, including leases, as of December 31, 2023, is as follows:
| 2023
| Carrying Amount |  | Fair Value
Current |  |  |
Loans from third parties | $ | 2 |  |  | $ | 2 |
Loans from related parties | 267,668 |  |  | 264,446 |
Lease liabilities | 11,737 |  | 11,395 |
| $ | 279,407 |  |  | $ | 275,843 |
Non-current |  |  |
Loans from related parties | $ | 76,262 |  |  | $ | 75,330 |
Lease liabilities | 53,744 |  |  | 41,246 |
| $ | 130,006 |  |  | $ | 116,576 |
Total borrowings | $ | 409,413 |  |  | $ | 392,419 |
Maturity Profile and Exposure of Non-Current Borrowings | The maturity profile of the Company’s non-current borrowings, including lease liabilities, is presented below:
| 2024 |  | 2023
Loans from related parties |  |  |
Between 1 and 2 years | $ | 13,298 |  |  | $ | — |
Between 2 and 3 years | 189,683 |  |  | 40,333 |
Between 3 and 4 years | — |  |  | 35,929 |
Between 4 and 5 years | 155,241 |  |  | — |
Over 5 years | — |  |  | — |
Total loans from related parties | $ | 358,222 |  |  | $ | 76,262 |
Lease liabilities |  |  |
Between 1 and 2 years | $ | 7,950 |  |  | $ | 8,777 |
Between 2 and 3 years | 6,936 |  |  | 8,576 |
Between 3 and 4 years | 5,524 |  |  | 5,406 |
Between 4 and 5 years | 6,338 |  |  | 3,986 |
Over 5 years | 29,219 |  |  | 26,999 |
Total lease liabilities | $ | 55,967 |  |  | $ | 53,744 |
Total non-current borrowings | $ | 414,189 |  |  | $ | 130,006 |
The table below summarizes the maturity profile of financial liabilities at December 31, 2024 based on contractual undiscounted payments.
| Less than 6 months |  | 6 to 12 months |  | 1 to 5 years |  | >5 years |  | Total
Loans from related parties | $ | 11,446 |  |  | $ | 7,135 |  |  | $ | 397,591 |  |  | $ | — |  |  | $ | 416,172 |
Loans from third parties | 25,143 |  |  | — |  |  | — |  |  | — |  |  | 25,143 |
Lease liabilities | 6,974 |  |  | 6,974 |  |  | 37,286 |  |  | 37,440 |  |  | 88,674 |
Derivative financial instruments | 2,210 |  |  | 3,436 |  |  | 26,261 |  |  | — |  |  | 31,907 |
Other non-current liabilities | — |  |  | — |  |  | — |  |  | — |  |  | — |
Trade and other payables | 148,558 |  |  | — |  |  | — |  |  | — |  |  | 148,558 |
| $ | 194,331 |  |  | $ | 17,545 |  |  | $ | 461,138 |  |  | $ | 37,440 |  |  | $ | 710,454 |
The table below summarizes the maturity profile of financial liabilities at December 31, 2023 based on contractual undiscounted payments. 25. Financial risk management objectives and policies (continued)
| Less than 6 months |  | 6 to 12 months |  | 1 to 5 years |  | >5 years |  | Total
Loans from related parties | $ | 4,676 |  |  | $ | 269,876 |  |  | $ | 80,457 |  |  | $ | — |  |  | $ | 355,009 |
Loans from third parties | — |  |  | — |  |  | — |  |  | — |  |  | — |
Lease liabilities | 6,053 |  |  | 6,053 |  |  | 34,403 |  |  | 26,824 |  |  | 73,333 |
Derivative financial instruments | 2,706 |  |  | 16,621 |  |  | — |  |  | — |  |  | 19,327 |
Other non-current liabilities | — |  |  | — |  |  | 114 |  |  | — |  |  | 114 |
Trade and other payables | 162,696 |  |  | — |  |  | — |  |  | — |  |  | 162,696 |
| $ | 176,131 |  |  | $ | 292,550 |  |  | $ | 114,974 |  |  | $ | 26,824 |  |  | $ | 610,479 |
Schedule of Weighted Average Fixed Interest Rates | The weighted average effective interest rates at December 31, 2024, 2023, and 2022 are as follows:
| 2024 |  | 2023 |  | 2022
Variable rate loans from related parties | 4.89 | % |  | 5.82 | % |  | 6.86 | %
Fixed rate loans from related parties | 3.94 | % |  | 3.09 | % |  | 3.09 | %
Variable rate loans from third parties | 6.34 | % |  | N/A |  | 5.82 | %
Disclosure Of Undrawn Borrowing Facilities | The Company has the following amounts available to draw upon from borrowing facilities at December 31, 2024 and 2023, respectively:
| 2024 |  | 2023
Floating rate: |  |  |
Expiring within one year | $ | 132,864 |  |  | $ | 132,466 |
Expiring beyond one year | 121,759 |  |  | 69,880 |
Total | $ | 254,623 |  |  | $ | 202,346 |
Disclosure Of Letters Of Credit And Bonds Issued | At December 31, 2024 and 2023, the banks had issued letters of credit on behalf of the Company totaling $11,637 and $12,534, respectively, as shown below:
| 2024 |  | 2023
Facility amount | $ | 60,000 |  |  | $ | 55,000 |
Less letters of credit issued in support of: |  |  |
Insurance programs | (11,302) |  |  | (12,199) |
Performance obligations | (100) |  |  | (100) |
Other payment obligations | (235) |  |  | (235) |
Available facility amount | $ | 48,363 |  |  | $ | 42,466 |
At December 31, 2024 and 2023, the insurance company had issued performance bonds on behalf of the Company totaling $18,761 and $35,140, respectively, as shown below:
| 2024 |  | 2023
Facility amount | $ | 60,000 |  |  | $ | 60,000 |
Less performance bonds issued in support of: |  |  |
Excavation and reclamation obligations | (4,954) |  |  | (4,954) |
Surety bond | (3,629) |  |  | (3,629) |
Other payment and performance obligations | (10,178) |  |  | (26,557) |
Available facility amount | $ | 41,239 |  |  | $ | 24,860 |
Disclosure of Changes Arising From Financing Activities | Changes arising from financing activities during the year ended December 31, 2024 are as follows:
| January 1, 2024 |  | Cash Flows |  | Foreign Exchange |  | Mark-to-Market |  | Interest Expense |  |  |  | New Leases |  | Other |  | December 31, 2024
Borrowings | $ | 343,932 |  |  | $ | 48,939 |  |  | $ | (22,220) |  |  | $ | — |  |  | $ | 21,258 |  |  |  |  | $ | — |  |  | $ | (79) |  |  | $ | 391,830 |
Lease liabilities | 65,481 |  |  | (13,284) |  |  | — |  |  | — |  |  | 3,798 |  |  |  |  | 12,305 |  |  | 53 |  |  | 68,353 |
Changes in liabilities | 409,413 |  |  | 35,655 |  |  | (22,220) |  |  | — |  |  | 25,056 |  |  |  |  | 12,305 |  |  | (26) |  |  | 460,183 |
Derivative financial instruments | 3,126 |  |  | (16,783) |  |  | — |  |  | 22,441 |  |  | (71) |  |  |  |  | — |  |  | 10 |  |  | 8,723 |
Financial instrument collateral | (4,328) |  |  | 243 |  |  | — |  |  | — |  |  | — |  |  |  |  | — |  |  | — |  |  | (4,085) |
Other financing activities | (1,202) |  |  | (16,540) |  |  |  |  | 22,441 |  |  | (71) |  |  |  |  | — |  |  | 10 |  |  | 4,638 |
Total liabilities arising from financing activities | $ | 408,211 |  |  | $ | 19,115 |  |  | $ | (22,220) |  |  | $ | 22,441 |  |  | $ | 24,985 |  |  |  |  | $ | 12,305 |  |  | $ | (16) |  |  | $ | 464,821 |
Changes arising from financing activities during the year ended December 31, 2023 are as follows:
| January 1, 2023 |  | Cash Flows |  | Foreign Exchange |  | Mark-to-Market |  | Interest Expense |  |  |  | New Leases |  | Other |  | December 31, 2023
Borrowings | $ | 394,506 |  |  | $ | (83,046) |  |  | $ | 12,055 |  |  | $ | — |  |  | $ | 20,498 |  |  |  |  | $ | — |  |  | $ | (81) |  |  | $ | 343,932 |
Lease liabilities | 67,587 |  |  | (15,198) |  |  | — |  |  | — |  |  | 3,047 |  |  |  |  | 11,678 |  |  | (1,633) |  |  | 65,481 |
Changes in liabilities | 462,093 |  |  | (98,244) |  |  | 12,055 |  |  | — |  |  | 23,545 |  |  |  |  | 11,678 |  |  | (1,714) |  |  | 409,413 |
Derivative financial instruments | 13,575 |  |  | 3,272 |  |  | — |  |  | (13,907) |  |  | 186 |  |  |  |  | — |  |  | — |  |  | 3,126 |
Financial instrument collateral | (15,757) |  |  | 11,399 |  |  | 30 |  |  | — |  |  | — |  |  |  |  | — |  |  | — |  |  | (4,328) |
Other financing activities | (2,182) |  |  | 14,671 |  |  | 30 |  |  | (13,907) |  |  | 186 |  |  |  |  | — |  |  | — |  |  | (1,202) |
Total liabilities arising from financing activities | $ | 459,911 |  |  | $ | (83,573) |  |  | $ | 12,085 |  |  | $ | (13,907) |  |  | $ | 23,731 |  |  |  |  | $ | 11,678 |  |  | $ | (1,714) |  |  | $ | 408,211 |
Changes arising from financing activities during the year ended December 31, 2022 are as follows:
| January 1, 2022 |  | Cash Flows |  | Foreign Exchange |  | Mark-to-Market |  | Interest Expense |  |  |  | New Leases |  | Other |  | December 31, 2022
Borrowings | $ | 382,696 |  |  | $ | 11,104 |  |  | $ | (19,670) |  |  | $ | — |  |  | $ | 19,780 |  |  |  |  | $ | — |  |  | $ | 596 |  |  | $ | 394,506 |
Lease liabilities | 53,941 |  |  | (13,428) |  |  | — |  |  | — |  |  | 2,038 |  |  |  |  | 26,041 |  |  | (1,005) |  |  | 67,587 |
Changes in liabilities | 436,637 |  |  | (2,324) |  |  | (19,670) |  |  | — |  |  | 21,818 |  |  |  |  | 26,041 |  |  | (409) |  |  | 462,093 |
Derivative financial instruments | 16,877 |  |  | (19,827) |  |  | — |  |  | 20,236 |  |  | (3,711) |  |  |  |  | — |  |  | — |  |  | 13,575 |
Financial instrument collateral | (16,390) |  |  | 490 |  |  | — |  |  | — |  |  | — |  |  |  |  | — |  |  | 143 |  |  | (15,757) |
Other financing activities | 487 |  |  | (19,337) |  |  | — |  |  | 20,236 |  |  | (3,711) |  |  |  |  | — |  |  | 143 |  |  | (2,182) |
Total liabilities arising from financing activities | $ | 437,124 |  |  | $ | (21,661) |  |  | $ | (19,670) |  |  | $ | 20,236 |  |  | $ | 18,107 |  |  |  |  | $ | 26,041 |  |  | $ | (266) |  |  | $ | 459,911 |

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 the reconciliation of liabilities arising from financing activities. [Refer: Liabilities arising from financing activities] + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name IAS -Number 7 -IssueDate 2024-01-01 -Paragraph 44D -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2024-en-r&anchor=para_44D&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of a maturity analysis for non-derivative financial liabilities (including issued financial guarantee contracts) that shows the remaining contractual maturities. [Refer: Derivative financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2024-01-01 -Paragraph 39 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2024-en-r&anchor=para_39_a&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure Of Letters Of Credit And Bonds Issued + References No definition available. + Details
Name: | ttam_DisclosureOfLettersOfCreditAndBondsIssuedTextBlock
Namespace Prefix: | ttam_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure Of Undrawn Borrowing Facilities + References No definition available. + Details
Name: | ttam_DisclosureOfUndrawnBorrowingFacilitiesTextBlock
Namespace Prefix: | ttam_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure Of Weighted Average Effective Interest Rates + References No definition available. + Details
Name: | ttam_DisclosureOfWeightedAverageEffectiveInterestRatesTextBlock
Namespace Prefix: | ttam_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration