XML 132 R32.htm IDEA: XBRL DOCUMENT v3.20.1
Non-controlling interests
 12 Months Ended
Dec. 31, 2019
Interest In Other Entities [Abstract]  
Non-controlling interests
Non-controlling interests:
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, 2019
 
 
Dec 31, 2018
 
Methanex
Egypt

Vessels1

Total

 
Methanex
Egypt

Vessels1

Total

Current assets
$
158,436

$
25,471

$
183,907

 
$
158,903

$
73,431

$
232,334

Non-current assets
653,495

182,248

835,743

 
670,819

142,790

813,609

Current liabilities
(74,498
)
(22,326
)
(96,824
)
 
(86,155
)
(13,625
)
(99,780
)
Non-current liabilities
(156,058
)
(153,842
)
(309,900
)
 
(170,034
)
(165,766
)
(335,800
)
Net assets
581,375

31,551

612,926

 
573,533

36,830

610,363

Carrying amount of Methanex non-controlling interests
$
278,780

$
19,895

$
298,675

 
$
275,303

$
21,325

$
296,628

 
For the years ended December 31
 
2019
 
 
 
2018
 
 
Methanex
Egypt

Vessels1

Total

 
Methanex
Egypt

Vessels1

Total

Revenue
$
171,532

$
36,500

$
208,032

 
$
404,936

$
34,759

$
439,695

Net and total comprehensive income
4,182

7,834

12,016

 
118,099

9,168

127,267

Net and total comprehensive income attributable to Methanex non-controlling interests
24,697

3,902

28,599

 
84,418

4,584

89,002

Equity contributions by non-controlling interests
$
—

$
—

$
—

 
$
—

$
5

$
5

Acquisition of non-controlling interests
—

(2,219
)
(2,219
)
 
—

—

—

Impact of adoption of IFRS 16
(3,355
)
—

(3,355
)
 
—

—

—

Distributions paid and accrued to non-controlling interests
$
(17,865
)
$
(3,113
)
$
(20,978
)
 
$
(25,715
)
$
(11,006
)
$
(36,721
)
 
For the years ended December 31
 
2019
 
 
 
2018
 
 
Methanex
Egypt

Vessels1

Total

 
Methanex
Egypt

Vessels1

Total

Cash flows from (used in) operating activities
$
68,022

$
24,267

$
92,289

 
$
254,030

$
21,556

$
275,586

Cash flows from (used in) financing activities
(74,675
)
(21,606
)
(96,281
)
 
(333,595
)
62,382

(271,213
)
Cash flows from (used in) investing activities
$
(8,859
)
$
(3,723
)
$
(12,582
)
 
$
(3,619
)
$
(99,463
)
$
(103,082
)
1 
Comprised of multiple ocean going vessels controlled by Waterfront Shipping Company Limited through less than wholly-owned entities.