XML 36 R22.htm IDEA: XBRL DOCUMENT v3.23.1
Balances and transactions with related parties
 12 Months Ended
Dec. 31, 2022
Balances and transactions with related parties [Abstract]  
Balances and transactions with related parties
15
Balances and transactions with related parties
 
The accounts payable and transactions with related parties as of December 31, 2022 and 2021 are summarized as follows:
 
   
2022
    
2021
  
   
Receivable
    
Payable
    
Receivable
    
Payable
  
División Marítima, S.A. de C.V. (a)
  
$
39,468
    
$
-
    
$
65,057
    
$
-
  
SSA México, S.A. de C.V. (b)
    
-
      
8,111
      
-
      
5,829
  
Inversionistas (c)
     -       157,169       -       139,137  
   
$
39,468
    
$
165,280
    
$
65,057
    
$
144,966
  
 

 (a)
The accounts receivable is related to the maritime services provided to TMM DM by Grupo TMM.
 

 (b)
The accounts payables to SSA México, S.A. de C.V. are largely due to subagency services that this related party provides to Grupo TMM.
 

 (c)
Lines of credit in the amount of $130 million at a 15% annual fixed rate, with payments on capital and interest upon maturity, extended one more year, that is, up to December 2023. Interest expenses of these credits amounted to $18,227 and $10,329 for the twelve month periods ended December 31, 2022 and 2021, respectively.

The most relevant transactions with related parties as of December 31, 2022, 2021 and 2019 are summarized as follows:
 
   
2022
    
2021
    
2020
  
Revenue:
                  
Maritime services (a)
  
$
20,958
    
$
71,823
    
$
131,137
  
Shipping agency services (b)
    
412
      
419
      
499
  
   
$
21,370
    
$
72,242
    
$
131,636
  
                         
Costs:
                        
Sub-agency commissions (c)
  
$
7,237
    
$
4,062
    
$
107,692
  
                         
Expenses:
                        
Other expenses (d)
  
$
-
    
$
180
    
$
440
  
                         
Interests
   $
 18,227     $
10,329     $
-  

 
(a)
Maritime services between TMM Dirección Corporativa, S.A. de C.V, subsidiary of Grupo TMM, and TMM DM. The contract termination date was August 30, 2022.


(b)
Shipping agency services between Administradora Marítima TMM, S.A.P.I. de C.V., subsidiary of Grupo TMM, and TMM DM.
 

(c)
Shipping agency servicies provided by SSA México, S.A. de C.V. to Administradora Marítima TMM, S.A.P.I. de C.V.
 

 (d)
Management consulting provided by SSA México, S.A. de C.V. to Administración Portuaria Integral de Acapulco, S.A. de C.V.

Transactions involving executive personnel for the years ended December 31, 2022, 2021 and 2019, include the following expenses:
 
   
2022
    
2021
    
2020
  
Short-term benefits
                  
Salaries
  
$
19,055
    
$
28,697
    
$
36,003
  
Social security costs
    
736
      
1,843
      
1,633
  
   
$
19,791
    
$
30,540
    
$
37,636