XML 67 R53.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Income tax and tax loss carryforwards (Tables)
 12 Months Ended
Dec. 31, 2023
Income tax and tax loss carryforwards [Abstract]  
Provision for Income Tax Recognized in the Statement of Profit or Loss
The provision for income tax recognized in the statement of profit or loss for the years ended December 31, 2023, 2022 and 2021, is as follows:

   
2023
    
2022
    
2021
  
Income tax
  
$
(4,452
)
  
$
(3,172
)
  
$
(7,015
)
Deferred income tax
    
24,652
      
32,763
      
28,158
  
Total income tax benefit
  
$
20,200
    
$
29,591
    
$
21,143
  
Reconciliation of the Provision for Income Tax
The reconciliation between the provision for income tax based on the statutory income tax rate and the provision recorded by the Company at December 31, 2023, 2022 and 2021, is as follows:
 
   
2023
    
2022
    
2021
  
Loss before taxes
  
$
(4,742
)
  
$
(28,688
)
  
$
(269,197
)
Income tax
    
1,423
      
8,606
      
80,759
  
                         
Increase (decrease) from:
                        
Difference in depreciation and amortization
    
(20,110
)
    
(46,472
)
    
135,332
  
Revaluation surplus
    
(12,639
)
    
(18,051
)
    
(88,112
)
Materials and supplies
    
11,483
      
3,418
      
13
  
Inflationary and currency exchange effects on monetary assets and liabilities, net
    
(4,562
)
    
15,663
      
(11,643
)
Tax losses amortization
    
115,461
      
265,090
      
60,032
  
Provisions and allowance for doubtful accounts
    
(53,185
)
    
(165,542
)
    
(97,628
)
Difference between the tax and book value for the sale of assets
    
-
      
(7,277
)
    
(35,950
)
Difference between the tax and book value for the sale of shares of subsidiaries
    
(4,931
)
    
-
      
-
  
Non-deductible expenses
    
(12,740
)
    
(25,844
)
    
(21,660
)
Income tax benefit
  
$
20,200
    
$
29,591
    
$
21,143
  
Components of Deferred Tax Liability
The components of deferred tax liability at December 31, 2023 and 2022, are comprised as follows:
 
   
2023
    
2022
  
Tax loss carryforwards
  
$
372,390
    
$
385,936
  
Inventories and provisions – net
    
73,788
      
27,374
  
Property and equipment and right-of-use asset
    
(578,654
)
    
(567,902
)
Total deferred tax liability
  
$
(132,476
)
  
$
(154,592
)
Cumulative Tax Losses
As of December 31, 2023, Grupo TMM and its subsidiaries, report the following cumulative tax losses, which are restated applying the INPC in accordance with Mexican law.

Year in which the loss was incurred
  
Amounts
    
Year of
expiration
  
2014
  
$
134,002
      
2024
  
2015
    
49,872
      
2025
  
2016
    
388,000
      
2026
  
2017
    
143,490
      
2027
  
2018
    
303,391
      
2028
  
2019
    
601,155
      
2029
  
2020
    
471,686
      
2030
  
2021
    
139,790
      
2031
  
2022
    
133,991
      
2032
  
2023
    
161,134
      
2033
  
   
$
2,526,511