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Cash and cash equivalents | 12 Months Ended
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Dec. 31, 2020
Text block [abstract] |
Cash and cash equivalents |
8. | Cash and cash equivalents
|  | 2020 |  |  | 2019 |
Checking and saving accounts |  | $ | 99,286 |  |  | $ | 118,367 |
Time deposits of no more than ninety days |  |  | 19,500 |  |  |  | 40,000 |
Cash on hand |  |  | 279 |  |  |  | 365 |
|  | $ | 119,065 |  |  | $ | 158,732 |
Time deposits earned interest based on rates determined by the banks in which the instruments are held, ranging between 0.24% and 0.35% for U.S. dollars investments until December 2020 (2019: between 1.71% and 1.98% for U.S. dollars investments). As of December 31, 2020, the cash and cash equivalents disclosed above and in the consolidated statement of cash flows include $5.9 million that the Company has pledged from its checking and saving accounts to fulfill the collateral requirement. As of December 31, 2020 and 2019, except for the cash pledged to fulfill collateral requirement,the Company’s cash and cash equivalents are free of restriction or charges that could limit its availability.

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- Definition The disclosure of cash and cash equivalents. [Refer: Cash and cash equivalents] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2020-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2020-en-r&anchor=para_10_e&doctype=Standard -URIDate 2020-01-01 + Details
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