Fair value measurement (Tables)

12 Months Ended

Dec. 31, 2023

Fair value measurement [Abstract]

Non-financial Assets Measured at Fair Value Classified in Level 3

As of December 31, 2023 and 2022 non-financial assets measured at fair value were classified in Level 2 of this hierarchy, as described below:

	2023		2022
Level 2
Buildings	$	101,033	$	103,815
Lands		1,419,674		1,147,174
	$	1,520,707	$	1,250,989

Reconciliation Between Carrying Amounts of Non-financial Assets Classified within Level 3

As of December 31, 2023, and 2022, the reconciliation between the carrying amounts of non-financial assets classified within Level 2 was as follows:

	2023			2022
Balance as of January 1	$	1,250,989		$	1,316,264
Amount recognized in other comprehensive income:
Revaluation surplus		-			-
Amount recognized in statements profit or loss:
Loss on the accord and satisfaction		-			(61,973	)
		-			(61,973	)
Additions and disposals, net		(2,782	)		(3,302	)
Transfer from available-for-sale assets		272,500			-
Balance as of December 31	$	1,520,707		$	1,250,989