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Employee benefits (Tables)

12 Months Ended

Dec. 31, 2023

Employee benefits

Schedule of analysis of net period cost

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​	​	​	​	​	​	​	​	​	​
​		2023			2022			2021
Analysis of net period cost:		​			​			​
Current service cost	​	US$	2,187	​	US$	6,518	​	US$	425
Interest cost on benefit obligation	​		1,109	​		692	​		127
Net period cost	​	US$	3,296	​	US$	7,210	​	US$	552

Schedule of changes in defined benefit obligation

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​	​	​	​	​	​	​
​		2023			2022
Defined benefit obligation as of January 1,	​	US$	10,987	​	US$	3,968
Net period cost charged to profit or loss:	​		​	​		​
Current service cost	​		2,187	​		6,518
Interest cost on benefit obligation	​		1,109	​		692
Remeasurement losses in other comprehensive income:	​		​	​		​
Actuarial changes arising from changes in assumptions	​		107	​		(253)
Payments made	​		(1,321)	​		(179)
Conversion effect foreign currency	​	​	1,575	​	​	241
Defined benefit obligation as of December 31,	​	US$	14,644	​	US$	10,987

Summary of significant assumptions used in the computation of the seniority premium obligations

​

​	​	​	​	​	​
​		2023		2022
Financial:					​
Discount rate		9.69	%	9.21	%
Expected rate of salary increases		5.60	%	5.50	%
Annual increase in minimum salary		3.75	%(1) (3)	19.00/4.00	%(2) (3)
​	​	​	​	​	​
Biometric:		​		​	​
Mortality (4)		EMSSA 09, CEPAL *2010 EL SALVADOR, CEPAL *2010 COSTA RICA		EMSSA 09, CEPAL* 2010 EL SALVADOR, CEPAL*2010 COSTA RICA	​
Disability (5)		IMSS-97		IMSS-97	​

​

(1) 3.75% applies to the General Zone and Border Zone in Mexico

(2) 19.00% applies to the General Zone and 4.00% to the Border Zone in Mexico

(3) Border Zone, is made up of the states that border with the United States and the General Zone is made up by the rest states of the country.

(4) Mexican Experience of social security (EMSSA), Economic Commission for Latin America and the Caribbean (CEPAL for its Spanish acronym).

(5) Mexican Experience of Instituto Mexicano del Seguro Social (IMSS).

​

​	​	​	​	​	​	​	​	​
​		​	​	Present value of the defined benefit obligation
​	​	​	​	(In thousands of U.S. dollars)
Assumptions	​	​		Increase			Decrease
Discount rate:	​	50 basis points	​	US$	13,907	​	US$	15,450
Statutory minimum wage increase rate:	​	50 basis points	​	US$	14,928	​	US$	14,380
Salary increase rate:		50 basis points		US$	15,196		US$	14,135

​

Schedule of accruals for short-term employee benefits

​

​	​	​	​	​	​	​
​		2023			2022
Employee profit-sharing (Note 16)	​	US$	1,500	​	US$	386

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The disclosure of a net defined benefit liability (asset). [Refer: Net defined benefit liability (asset)]

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- Definition

The disclosure of a sensitivity analysis for significant actuarial assumptions used to determine the present value of a defined benefit obligation. [Refer: Actuarial assumptions [member]; Defined benefit obligation, at present value]

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