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Summary of significant accounting policies (Tables)

12 Months Ended

Dec. 31, 2025

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 2025		31 December 2024		31 December 2023		31 December 2025		31 December 2024		31 December 2023

Argentine peso		1 459.80		1 032.79		808.74		-		-		-
Brazilian real		5.50		6.19		4.84		5.60		5.36		5.01
Canadian dollar		1.37		1.44		1.33		1.40		1.37		1.35
Chinese yuan		7.00		7.30		7.10		7.21		7.18		7.06
Colombian peso		3 749.18		4 415.40		3 818.47		4 063.86		4 077.77		4 284.95
Euro		0.85		0.96		0.90		0.89		0.92		0.93
Mexican peso		17.97		20.27		16.89		19.28		18.16		17.73
Peruvian sol		3.37		3.77		3.71		3.57		3.76		3.75
Pound sterling		0.74		0.80		0.79		0.76		0.78		0.80
South African rand		16.55		18.88		18.41		17.92		18.24		18.41
South Korean won		1 444.93		1 474.05		1 296.53		1 421.70		1 355.26		1 309.12

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
Cars		5 - 10 years
Trucks		10 - 15 years
Information processing equipment (hardware)		3 - 10 years