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Right-of-use assets and lease liabilities
12 Months Ended
Dec. 31, 2024
Presentation of leases for lessee [abstract]  
Right-of-use assets and lease liabilities
11. Right-of-use assets and lease liabilities
The Consolidated Statements of Financial Position includes the following amounts related to leases:
December 31December 31
20242023
Right-of-use assets
Land & land improvements$17,112 $18,219 
Buildings23,445 17,004 
Machinery & equipment19,800 22,165 
Motor vehicles4,331 4,053 
$64,688 $61,441 
Lease liabilities
Current$12,386 $11,737 
Non-Current55,967 53,744 
$68,353 $65,481 

For the year ended December 31, 2024, additions to right-of-use assets for new leases, lease modifications and lease related obligations totaled $14,665.
For the year ended December 31, 2023, additions to right-of-use assets for new leases, lease modifications and lease related obligations totaled $11,678.
In 2024 and 2023, Management did not identify any events or changes in circumstances to indicate that the carrying amount may not be recoverable.
The Consolidated Statements of Income includes the following amounts related to leases:
    
202420232022
Depreciation expense on right-of-use assets
Land & land improvements$2,232 $1,849 $1,634 
Buildings2,211 2,153 1,998 
Machinery & equipment5,806 6,062 6,015 
Motor vehicles1,395 1,179 985 
$11,644 $11,243 $10,632 
Interest expense on lease liabilities$3,798 $3,047 $2,038 
Expenses relating to short-term leases,
  including leases with a term of one month or less$27,395 $22,433 $14,355 
Expense relating to leases of low-value assets that
  are not shown above as short-term leases$21 $46 $434