v3.26.3
Income Taxes
6 Months Ended
Jun. 30, 2026
Income Taxes [Abstract]  
Income taxes

Note 6 — Income taxes

 

Interim income tax expense is recognized using management’s best estimate of the weighted-average annual effective income tax rate expected for the full financial year, applied separately where material tax jurisdictions have different expected effective tax rates.

 

Income tax recognized in profit or loss for the six-month periods comprised:

 

Income tax information   3M 2026     3M 2025     6M 2026     6M 2025  
Income before income taxes     562,903       433,359       981,957       713,070  
Income tax expense     168,298       106,690       305,991       235,673  
Effective tax rate observed for the period     29.90 %     24.62 %     31.20 %     33.10 %
Mexican statutory income tax rate     30.00 %     30.00 %     30.00 %     30.00 %

 

The income-tax analysis considers the applicable rates and expected taxable results of material jurisdictions separately, as well as discrete items attributable to the interim period. Management is continuing to reconcile the acquired historical tax balances, the acquired assets, and any additional deferred-tax effects of the acquisition accounting.

 

Deferred income tax balances   June 30,
2026
    December 31,
2025
 
Deferred tax assets     652,158       452,979  
Deferred tax liabilities     511,922       495,118