XML 47 R31.htm IDEA: XBRL DOCUMENT
v3.22.1

Financial risk management, objectives and policies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Financial risk management, objectives and policies [Abstract] |
Maximum Credit Exposure | The carrying amount of financial assets represents the maximum credit exposure. The maximum exposure to credit risk at the reporting dates was:
(Dollars in thousands) |  | 2021 |  |  | 2020 |
Cash and cash equivalents |  | $ | 60,658 |  |  | $ | 68,641 |
Accounts receivable and accrued revenues |  |  | 30,361 |  |  |  | 30,060 |
Maximum credit exposure |  | $ | 91,018 |  |  | $ | 98,700 |
Contractual Maturities of Financial Liabilities | The following are contractual maturities of financial liabilities, including estimated interest payments on an undiscounted basis. Swap payments are the net effect from paying fixed rate/ receive LIBOR. The LIBOR interest spot rate at December 31, 2021 (and spot rate at December 31, 2020 for comparatives) is used as a basis for preparation.
As of December 31, 2021 |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  | 2 to 5 |  |  | More than |  |  |
(Dollars in thousands) |  | 1 year |  |  | years |  |  | 5 years |  |  | Total
Interest bearing loans |  | $ | 24,112 |  |  | $ | 430,136 |  |  | $ | 120,724 |  |  | $ | 574,973
Interest rate swaps |  |  | 8,929 |  |  |  | 4,961 |  |  |  | - |  |  |  | 13,890
Total |  | $ | 33,041 |  |  | $ | 435,097 |  |  | $ | 120,724 |  |  | $ | 588,863
As of December 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  | 2 to 5 |  |  | More than |  |  |  |
(Dollars in thousands) |  | 1 year |  |  | years |  |  | 5 years |  |  | Total
Interest bearing loans |  | $ | 19,110 |  |  | $ | 475,441 |  |  | $ | - |  |  | $ | 494,552
Interest rate swaps |  |  | 8,541 |  |  |  | 12,415 |  |  |  | - |  |  |  | 20,956
Total |  | $ | 27,651 |  |  | $ | 487,857 |  |  | $ | - |  |  | $ | 515,507

X
- Definition The disclosure of the credit risk exposure. Credit risk exposure is the credit risk inherent in an entity’s financial assets and commitments to extend credit. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2021-01-01 -Paragraph 35M -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_35M&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfCreditRiskExposureExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of a maturity analysis for derivative financial liabilities, including the remaining contractual maturities for those derivative financial liabilities for which contractual maturities are essential for an understanding of the timing of the cash flows. [Refer: Derivative financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2021-01-01 -Paragraph 39 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_39_b&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_MaturityAnalysisForDerivativeFinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration