Income Tax/Deferred Tax (Tables)

12 Months Ended

Dec. 31, 2024

The following is a reconciliation of income tax charged to income as of December 31, 2024, as compared to the previous fiscal year:


	12.31.24	12.31.23	12.31.22
Income Before Income Tax for the Year	2,438,559,532	1,288,083,397	475,930,308
Current Tax Rate	35%	35%	35%
Income for the Year at Tax Rate	(853,495,836)	(450,829,189)	(166,575,608)
Permanent Differences at Tax Rate
- Income for Equity Instruments	273,301,643	2,424,519	(1,137,025)
- Untaxed Income	4,202,133	17,560,318	204,800
- Donations and Other Non-deductible Expenses	(1,372,365)	(1,508,028)	(191,681)
- Other	(280,746,090)	(17,138,953)	(9,475,188)
- Inflation effect	(735,139,067)	(890,514,111)	(598,050,140)

- Tax inflation adjustment	934,410,238	852,719,353	649,831,716
Total Income Tax Charge for the Year	(658,839,344)	(487,286,091)	(125,393,126)


	12.31.24	12.31.23	12.31.22
Current Income Tax	(293,371,878)	(696,809,455)	(121,170,679)
Deferred Tax Charge(*)	(204,894,906)	375,511,121	23,180,398
Update of the charge tax for inflation effects	(161,421,306)	(169,333,235)	(24,070,517)
Tax Return adjustment from previous fiscal year	848,746	3,345,478	(3,332,328)
Total Income Tax Charge for the Year	(658,839,344)	(487,286,091)	(125,393,126)

(*)See Note 19.


	12.31.24	12.31.23	12.31.22
Current Income Tax	(293,371,878)	(696,809,455)	(121,170,679)
Tax Advances	118,794,200	52,789,077	56,381,829
Current Income Tax Liabilities	(174,577,678)	(644,020,378)	(64,788,850)

For the fiscal year beginning on 01.01.24 and ended 12.31.24:


Accumulated taxable net earnings
Over Ps.	At Ps.	Will pay Ps	Plus %		On the surplus of Ps.
—	34,704	—	25	%	—
34,704	347,035	8,676	30	%	34,704
347,035	Onwards	102,375	35	%	347,035

For the fiscal year beginning on 01.01.23 and ended 12.31.23:


Accumulated taxable net earnings
Over Ps.	At Ps.	Will pay Ps	Plus %		On the surplus of Ps.
—	14,301	—	25	%	—
14,301	143,012	3,575	30	%	14,301
143,012	Onwards	42,189	35	%	143,012