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Related Party Transactions (Tables) | 12 Months Ended
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Dec. 31, 2024
Disclosure of transactions between related parties [abstract] |
Disclosure of transactions between related parties | The following is a summary of the transactions that were carried out with related parties during 2024:
| Purchases and charges from related parties |  | Amounts owed to related parties, net
Financing | $ | 14,480 |  |  | $ | 365,895 |
Purchase of cement | 103,300 |  |  | 3,168 |
Management fee | 14,463 |  |  | 4,217 |
Other | 2,836 |  |  | 1,342 |
| $ | 135,079 |  |  | $ | 374,622 |
The following is a summary of the transactions that were carried out with related parties during 2023:
| Purchases and charges from related parties |  | Amounts owed to related parties, net
Financing | $ | 11,391 |  |  | $ | 342,857 |
Purchase of cement | 107,122 |  |  | 6,281 |
Management fee | 11,043 |  |  | 3,659 |
Other | 2,621 |  |  | 1,527 |
| $ | 132,177 |  |  | $ | 354,324 |
The following is a summary of the transactions that were carried out with related parties during 2022:
| Purchases and charges from related parties |  | Amounts owed to related parties, net
Financing | $ | 17,550 |  |  | $ | 322,638 |
Purchase of cement | 84,193 |  |  | 4,604 |
Management fee | 9,555 |  |  | 3,283 |
Other | 3,294 |  |  | 1,472 |
| $ | 114,592 |  |  | $ | 331,997 |
Key management compensation expense, which includes all payroll-related expenses for vice-president level positions and higher for the years ended December 31, 2024, 2023, and 2022 is as follows:
| 2024 |  | 2023 |  | 2022
Salaries and related payroll taxes | $ | 13,718 |  |  | $ | 11,518 |  |  | $ | 10,191 |
Short-term employee benefits | 718 |  |  | 683 |  |  | 579 |
Retirement plan contributions | 257 |  |  | 235 |  |  | 214 |
Long-term incentives, including share-based payments | 3,131 |  |  | 2,577 |  |  | 1,947 |
Termination benefits | 128 |  |  | — |  |  | — |
Other | 96 |  |  | 291 |  |  | 155 |
Total key management compensation | $ | 18,048 |  |  | $ | 15,304 |  |  | $ | 13,086 |
Number of key management employees at December 31 | 26 |  |  | 25 |  |  | 24 |
Disclosure of number and weighted average exercise prices of share options | Movements in the number of share options outstanding for the years ended December 31, 2024, 2023 and 2022 are as follows:
| 2024 |  | 2023 |  | 2022
Shares under option, January 1 | — |  |  | 43 |  |  | 206 |
Exercised | — |  |  | (34) |  |  | (20) |
Expired/cancelled | — |  |  | (9) |  |  | (143) |
Shares under option, December 31 | — |  |  | — |  |  | 43 |
Options exercisable, December 31 | — |  |  | — |  |  | 43 |
Disclosure of number and weighted average exercise prices of other equity instruments | Movements in the number of shadow shares outstanding for the years ended December 31, 2024, 2023 and 2022 are as follows:
| 2024 |  | 2023 |  | 2022
Shadow shares outstanding, January 1 | 784 |  |  | 653 |  |  | 423 |
Granted | 179 |  |  | 260 |  |  | 249 |
Vested and distributed | (202) |  |  | (113) |  |  | — |
Cancelled | (23) |  |  | (16) |  |  | (19) |
Shadow shares outstanding, December 31 | 738 |  |  | 784 |  |  | 653 |
Fair value of awards granted in year (€ per share) | € | 29.10 |  |  | € | 14.64 |  |  | € | 11.90 |
Fair value of awards granted in year ($ per share) | $ | 31.15 |  |  | $ | 16.08 |  |  | $ | 12.39 |

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- Definition The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2024-01-01 -Paragraph 45 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2024-en-r&anchor=para_45_b&doctype=Standard -URIDate 2024-03-27 + Details
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- Definition The disclosure of transactions between the entity and its related parties. [Refer: Total for all related parties [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 24 -IssueDate 2024-01-01 -Paragraph 18 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=24&code=ifrs-tx-2024-en-r&anchor=para_18&doctype=Standard -URIDate 2024-03-27 + Details
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