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Consolidated statement of changes in equity - USD ($)
$ in Thousands
Total
Common stock
Treasury stock
Other equity instruments
Additional paid-in capital in excess of value assigned to common stock
Capital reserves
Regulatory reserves
Retained earnings
Other comprehensive income
Beginning balance at Dec. 31, 2022 $ 1,069,347 $ 279,980 $ (114,097)   $ 120,498 $ 95,210 $ 136,019 $ 543,612 $ 8,125
Profit for the year 166,158             166,158  
Other comprehensive income (663)               (663)
Issuance of restricted stock (RSA) 0   1,148   (1,148)        
Compensation cost - stock units plans 5,471       5,471        
Stock units vested (RSU) 0   2,775   (2,775)        
Dividends declared (36,489)             (36,489)  
Ending balance at Dec. 31, 2023 1,203,824 279,980 (110,174)   122,046 95,210 136,019 673,281 7,462
Profit for the year 205,873             205,873  
Other comprehensive income (6,483)               (6,483)
Issuance of restricted stock (RSA) 0   1,038   (1,038)        
Compensation cost - stock units plans 7,497       7,497        
Stock units vested (RSU) 0   3,535   (3,535)        
Regulatory credit reserve 0           4,549 (4,549)  
Dynamic provision 0           9,098 (9,098)  
Dividends declared (73,502)             (73,502)  
Ending balance at Dec. 31, 2024 1,337,209 279,980 (105,601) $ 0 124,970 95,210 149,666 792,005 979
Profit for the year 226,882             226,882  
Other comprehensive income 1,526               1,526
Issuance of restricted stock (RSA) 0   4,521   (4,521)        
Issuance of other equity instruments, net 197,976     197,976          
Compensation cost - stock units plans 8,185       8,185        
Stock units vested (RSU) 0   3,483   (3,483)        
Regulatory credit reserve 0           5 (5)  
Dynamic provision 0           9,422 (9,422)  
Dividends declared (93,031)             (93,031)  
Ending balance at Dec. 31, 2025 $ 1,678,747 $ 279,980 $ (97,597) $ 197,976 $ 125,151 $ 95,210 $ 159,093 $ 916,429 $ 2,505