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Related parties (Tables)
 12 Months Ended
Dec. 31, 2017
Related Party [Abstract]  
Disclosure of interests in subsidiaries
The Company has interests in significant subsidiaries and joint ventures as follows:
Name
Country of
incorporation
Principal activities
Interest %
Dec 31
2017

Dec 31
2016

Significant subsidiaries:
 
 
 
 
Methanex Asia Pacific Limited
Hong Kong
Marketing & distribution
100
%
100
%
Methanex Europe NV
Belgium
Marketing & distribution
100
%
100
%
Methanex Methanol Company, LLC
United States
Marketing & distribution
100
%
100
%
Egyptian Methanex Methanol Company S.A.E.
("Methanex Egypt")
Egypt
Production
50
%
50
%
Methanex Chile S.A.
Chile
Production
100
%
100
%
Methanex New Zealand Limited
New Zealand
Production
100
%
100
%
Methanex Trinidad (Titan) Unlimited
Trinidad
Production
100
%
100
%
Methanex U.S.A. LLC
United States
Production
100
%
100
%
Methanex Louisiana LLC
United States
Production
100
%
100
%
Waterfront Shipping Company Limited2
Cayman Islands
Shipping
100
%
100
%
Significant joint ventures:
 
 
 
 
Atlas Methanol Company Unlimited1
Trinidad
Production
63.1
%
63.1
%
1 
Summarized financial information for the group’s investment in Atlas is disclosed in note 6.
2 
Waterfront Shipping Company Limited has a controlling interest in multiple ocean going vessels owned through less than wholly-owned entities as disclosed in note 23.
Set out below is summarized financial information for each of our subsidiaries that have non-controlling interests. The amounts disclosed are before inter-company eliminations.
As at
 
 
Dec 31
2017

 
 
 
Dec 31
2016

 
Methanex
Egypt

Other1

Total

 
Methanex
Egypt

Other1

Total

Current assets
$
248,032

$
27,240

$
275,272

 
$
155,422

$
12,123

$
167,545

Non-current assets
720,356

105,375

825,731

 
746,202

116,314

862,516

Current liabilities
(231,259
)
(12,489
)
(243,748
)
 
(177,088
)
(14,622
)
(191,710
)
Non-current liabilities
(293,184
)
(76,090
)
(369,274
)
 
(339,369
)
(84,540
)
(423,909
)
Net assets
443,945

44,036

487,981

 
385,167

29,275

414,442

Carrying amount of Methanex non-controlling interests
$
216,599

$
27,748

$
244,347

 
$
188,099

$
20,416

$
208,515

 
For the years ended December 31
 
 
2017

 
 
 
2016

 
Methanex
Egypt

Other1

Total

 
Methanex
Egypt

Other1

Total

Revenue
$
285,017

$
32,094

$
317,111

 
$
111,728

$
26,148

$
137,876

Net and total comprehensive income (loss)
65,241

6,981

72,222

 
(79,963
)
4,781

(75,182
)
Net and total comprehensive income (loss) allocated to Methanex non-controlling interests
55,470

3,492

58,962

 
(18,069
)
2,389

(15,680
)
Equity contributions by non-controlling interests
$
—

$
8,170

$
8,170

 
$
—

$
25

$
25

Distributions paid and accrued to non-controlling interests
$
(26,970
)
$
(4,330
)
$
(31,300
)
 
$
(23,264
)
$
(1,410
)
$
(24,674
)
 
For the years ended December 31
 
 
2017

 
 
 
2016

 
Methanex
Egypt

Other1

Total

 
Methanex
Egypt

Other1

Total

Cash flows from (used in) operating activities
$
131,175

$
19,538

$
150,713

 
$
(23,992
)
$
17,718

$
(6,274
)
Cash flows from (used in) financing activities
(27,365
)
(3,250
)
(30,615
)
 
(24,929
)
55,891

30,962

Cash flows from (used in) investing activities
$
(18,839
)
$
(605
)
$
(19,444
)
 
$
(4,637
)
$
(70,516
)
$
(75,153
)
1 
Other is comprised of multiple ocean going vessels controlled by Waterfront Shipping Company Limited through less than wholly-owned entities.
Disclosure of transactions between related parties
Remuneration of non-management directors and senior management, which includes the members of the executive leadership team, is as follows:
For the years ended December 31
2017

2016

Short-term employee benefits
$
5,214

$
5,315

Post-employment benefits
583

650

Other long-term employee benefits
43

47

Share-based compensation expense1
40,668

16,172

Total
$
46,508

$
22,184

1  Balance includes realized and unrealized gains (losses) from share-based compensation awards granted.