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CONSOLIDATED STATEMENT OF INCOME BY FUNCTION - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue $ 10,070,063 $ 9,895,456 $ 9,613,907
Cost of sales (7,951,269) (7,773,432) (7,279,358)
Gross margin 2,118,794 2,122,024 2,334,549
Other income 360,864 472,758 549,889
Distribution costs (580,046) (615,214) (696,784)
Administrative expenses (735,218) (736,333) (952,768)
Other expenses (422,792) (356,250) (365,460)
Other gains/(losses) 11,525 53,499 (7,754)
Income from operation activities 753,127 940,484 861,672
Financial income 26,283 53,253 78,695
Financial costs (589,934) (539,137) (579,233)
Foreign exchange gains/(losses) (32,571) (38,070) (48,498)
Result of indexation units (14,989) (865) 748
Income (loss) before taxes 141,916 415,665 313,384
Income tax expense / benefit 53,697 (73,879) (158,998)
NET INCOME (LOSS) FOR THE YEAR 195,613 341,786 154,386
Income (loss) attributable to owners of the parent 190,430 309,811 108,896
Income (loss) attributable to non-controlling interest 5,183 31,975 45,490
Net income (loss) for the year $ 195,613 $ 341,786 $ 154,386
EARNINGS PER SHARE      
Basic earnings (losses) per share (US$) (in Dollars per share) $ 0.31403 $ 0.51090 $ 0.17958
Diluted earnings (losses) per share (US$) (in Dollars per share) $ 0.31403 $ 0.51090 $ 0.17958