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Salaries and social security taxes payable
12 Months Ended
Dec. 31, 2024
Salaries And Social Security Taxes Payable  
Salaries and social security taxes payable

 

Note30 | Salaries and social security taxes payable

 

a.Salaries and social security taxes payable

 

       
     12.31.24     12.31.23 
Non-current        
Seniority-based bonus                  6,226                  5,333
         
Current        
Salaries payable and provisions                43,222                50,903
Social security payable                18,399                  6,507
Early retirements payable                     289                     594
Total current                61,910                58,004

 

 

The value of the Company’s salaries and social security taxes payable approximates their fair value.

 

b.Salaries and social security taxes charged to profit or loss

 

           
    12.31.24   12.31.23   12.31.22
Salaries              164,110              173,661              159,817
Social security taxes                63,820                67,535                62,151
Total salaries and social security taxes              227,930              241,196              221,968

 

Early retirements payable correspond to individual optional agreements. After employees reach a specific age, the Company may offer them this option. The related accrued liability represents future payment obligations, which, as of December 31, 2024 and 2023, amount to $ 377 and $ 956, respectively.

 

The seniority-based bonus included in collective bargaining agreements in effect consists of a bonus to be granted to personnel with a certain number of years of service. As of December 31, 2024 and 2023, the related liabilities amount to $ 6,231 and $ 5,073, respectively.

 

As of December 31, 2024 and 2023, the number of employees amounts to 4,642 and 4,635, respectively.