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Summary of significant accounting policies (Tables)
 12 Months Ended
Dec. 31, 2023
Text block [abstract]  
Summary of Exchange Rates
The most important exchange rates that have been used in preparing the financial statements are:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
         
 
  
Closing rate
 
  
  
 
  
Average rate
 
  
  
 
             
1 US dollar equals:
  
 31 December
2023
 
  
  31 December
2022
 
  
  31 December
2021
 
  
  31 December
2023
 
  
  31 December
2022
 
  
 31 December
2021
 
             
Argentinean peso
  
 
808.737265
  
  
 
177.131872
  
  
 
102.749214
  
  
 
-
 
  
 
-
 
  
 
-
 
Brazilian real
  
 
4.841287
  
  
 
5.217705
  
  
 
5.580497
  
  
 
5.008522
  
  
 
5.164428
  
  
 
5.368651
  
Canadian dollar
  
 
1.325066
  
  
 
1.353834
  
  
 
1.270792
  
  
 
1.351906
  
  
 
1.297354
  
  
 
1.249693
  
Chinese yuan
  
 
7.104880
  
  
 
6.898736
  
  
 
6.352382
  
  
 
7.063811
  
  
 
6.661729
  
  
 
6.456753
  
Colombian peso
  
 
3 818.47
  
  
 
4 807.99
  
  
 
3 977.14
  
  
 
4 284.95
  
  
 
4 211.36
  
  
 
3 741.19
  
Euro
  
 
0.904977
  
  
 
0.937559
  
  
 
0.882924
  
  
 
0.925550
  
  
 
0.951768
  
  
 
0.841767
  
Mexican peso
  
 
16.893354
  
  
 
19.361452
  
  
 
20.583378
  
  
 
17.728805
  
  
 
20.123646
  
  
 
20.339905
  
Peruvian nuevo sol
  
 
3.713000
  
  
 
3.820004
  
  
 
3.976006
  
  
 
3.745164
  
  
 
3.845294
  
  
 
3.877055
  
Pound sterling
  
 
0.786470
  
  
 
0.831548
  
  
 
0.741903
  
  
 
0.804601
  
  
 
0.811905
  
  
 
0.725564
  
South African rand
  
 
18.414052
  
  
 
16.968472
  
  
 
15.947907
  
  
 
18.409380
  
  
 
16.392270
  
  
 
14.873785
  
South Korean won
  
 
1 296.53
  
  
 
1 260.16
  
  
 
1 188.32
  
  
 
1 309.12
  
  
 
1 286.17
  
  
 
1 139.06
  
Summary of Estimated Useful Live of Assets Expected Utility
The estimated useful lives are defined in terms of the asset’s expected utility to the company and can vary from one geographical area to another. On average the estimated useful lives are as follows:
 
Industrial buildings – other real estate properties
   
20 - 50 years    
Production plant and equipment:
   
 
      Production equipment
   
10 - 15 years
      Storage, packaging and handling equipment
   
5 - 7 years
Returnable packaging:
   
 
      Kegs
   
2 - 10 years
      Crates
   
2 - 10 years
      Bottles
   
2 - 5 years
Point of sale furniture and equipment
   
5 years
Vehicles
   
5 years
Information processing equipment
   
3 - 10 years