XML 55 R32.htm IDEA: XBRL DOCUMENT v3.20.4
Non-controlling interests
12 Months Ended
Dec. 31, 2020
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, 2020Dec 31, 2019
Methanex
Egypt
Vessels1
TotalMethanex
Egypt
Vessels1
Total
Current assets
$155,339 $10,628 $165,967 $158,436 $25,471 $183,907 
Non-current assets
618,797 197,223 816,020 653,495 182,248 835,743 
Current liabilities
(87,907)(18,960)(106,867)(74,498)(22,326)(96,824)
Non-current liabilities
(127,144)(174,309)(301,453)(156,058)(153,842)(309,900)
Net assets
559,085 14,582 573,667 581,375 31,551 612,926 
Carrying amount of Methanex non-controlling interests
$272,449 $19,908 $292,357 $278,780 $19,895 $298,675 
 
For the years ended December 31
20202019
Methanex
Egypt
Vessels1
TotalMethanex
Egypt
Vessels1
Total
Revenue
$192,575 $40,118 $232,693 $171,532 $36,500 $208,032 
Net and total comprehensive income
18,566 9,474 28,040 4,182 7,834 12,016 
Net and total comprehensive income attributable to Methanex non-controlling interests
26,578 4,773 31,351 24,697 3,902 28,599 
Equity contributions by non-controlling interests
$ $5,500 $5,500 $— $— $— 
Acquisition of non-controlling interests
 (6,714)(6,714)— (2,219)(2,219)
Impact of adoption of IFRS 16
   (3,355)— (3,355)
Distributions paid and accrued to non-controlling interests
$(32,909)$(3,546)$(36,455)$(17,865)$(3,113)$(20,978)
 
For the years ended December 31
20202019
Methanex
Egypt
Vessels1
TotalMethanex
Egypt
Vessels1
Total
Cash flows from (used in) operating activities
$145,672 $24,951 $170,623 $68,022 $24,267 $92,289 
Cash flows from (used in) financing activities
(96,052)(17,344)(113,396)(74,675)(21,606)(96,281)
Cash flows from (used in) investing activities
$(5,309)$(7,788)$(13,097)$(8,859)$(3,723)$(12,582)
1     Comprised of multiple ocean going vessels controlled by Waterfront Shipping Company Limited through less than wholly-owned entities.