XML 70 R55.htm IDEA: XBRL DOCUMENT v3.25.3
Income tax and tax loss carryforwards (Tables)
 12 Months Ended
Dec. 31, 2024
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, 2024, 2023 and 2022, is as follows:

   
2024
    
2023
    
2022
  
Income tax
  
$
(8,674
)
  
$
(4,452
)
  
$
(3,172
)
Deferred income tax
    
8,674
      
24,652
      
32,763
  
Total income tax benefit
  
$
-
    
$
20,200
    
$
29,591
  
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, 2024, 2023 and 2022, is as follows:
 
   
2024
    
2023
    
2022
  
Profit (loss) before taxes
  
$
114,795
    
$
(4,742
)
  
$
(28,688
)
Income tax
    
(34,439
)
    
1,423
      
8,606
  
                         
Increase (decrease) from:
                        
Difference in depreciation and amortization
    
(20,543
)
    
(20,110
)
    
(64,523
)
Materials and supplies
    
(63,930
)
    
11,483
      
3,418
  
Inflationary and currency exchange effects on monetary assets and liabilities, net
    
(6,309
)
    
(4,562
)
    
15,663
  
Tax losses amortization
    
158,997
      
115,461
      
265,090
  
Provisions and allowance for doubtful accounts
    
(147,543
)
    
(65,824
)
    
(165,542
)
Capital expenses deducted for tax purposes
     133,657       -       -  
Difference between the tax and book value for the sale of assets
    
(540
)
    
-
      
(7,277
)
Difference between the tax and book value for the sale of shares of subsidiaries
    
-
      
(4,931
)
    
-
  
Non-deductible expenses
    
(19,350
)
    
(12,740
)
    
(25,844
)
Income tax benefit
  
$
-
    
$
20,200
    
$
29,591
  
Components of Deferred Tax Liability
The components of deferred tax liability at December 31, 2024 and 2023, are comprised as follows:
 
   
2024
    
2023
  
Tax loss carryforwards
  
$
363,027
    
$
372,390
  
Inventories and provisions – net
    
80,601
      
73,788
  
Property and equipment and right-of-use asset
    
(575,688
)
    
(578,654
)
Total deferred tax liability
  
$
(132,060
)
  
$
(132,476
)
Cumulative Tax Losses
As of December 31, 2024, 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
  
2015
  
$
42,875
      
2025
  
2016
    
224,356
      
2026
  
2017
    
146,903
      
2027
  
2018
    
299,368
      
2028
  
2019
    
573,207
      
2029
  
2020
    
446,810
      
2030
  
2021
    
140,373
      
2031
  
2022
    
126,435
      
2032
  
2023
    
165,269
      
2033
  
2024
    
450,076
      
2034
  
   
$
2,615,672