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Short-term borrowings and debt | 12 Months Ended
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Dec. 31, 2013
Debt Disclosure [Abstract] |
Short Term Debt [Text Block] |
14. | Short-term borrowings and debt
The breakdown of short-term borrowings and debt, together with contractual interest rates, is as follows:
|  |  | December 31, |
(In thousands of US$) |  |  | 2013 |  |  | 2012 |
Borrowings: |  |  |  |  |  |  |
At fixed interest rates |  |  | 1,289,851 |  |  | 1,181,133 |
At floating interest rates |  |  | 1,017,527 |  |  | 267,890 |
Total borrowings |  |  | 2,307,378 |  |  | 1,449,023 |
Debt: |  |  |  |  |  |  |
At fixed interest rates |  |  | 287,987 |  |  | - |
At floating interest rates |  |  | 110,000 |  |  | - |
Total debt |  |  | 397,987 |  |  | - |
Total short-term borrowings and debt |  |  | 2,705,365 |  |  | 1,449,023 |
Average outstanding balance during the year |  |  | 2,048,110 |  |  | 967,629 |
Maximum balance at any month-end |  |  | 2,705,365 |  |  | 1,449,023 |
Range of fixed interest rates on borrowings and debt in U.S. dollars |  |  | 0.67% to 1.43 | % |  | 0.75% to 1.92 | %
Range of floating interest rates on borrowings and debt in U.S. dollars |  |  | 0.79% to 1.47 | % |  | 1.06% to 1.99 | %
Fixed interest rate on borrowings in Euros |  |  | - |  |  | 0.70 | %
Fixed interest rate on borrowings in Mexican pesos |  |  | 4.13% to 4.58 | % |  | - |
Floating interest rate on borrowings in Mexican pesos |  |  | 4.03% to 4.24 | % |  | 5.14% to 5.25 | %
Fixed interest rate on debt in Japanese yens |  |  | 0.75 | % |  | - |
Fixed interest rate on debt in Swiss francs |  |  | 0.80 | % |  | - |
Weighted average interest rate at end of the year |  |  | 1.09 | % |  | 1.48 | %
Weighted average interest rate during the year |  |  | 1.21 | % |  | 1.79 | %
The balances of short-term borrowings and debt by currency, is as follows:
|  | December 31, |
(In thousands of US$) |  | 2013 |  | 2012 |
Currency |  |  |  |  |
U.S. dollar |  | 2,536,815 |  | 1,365,500 |
Euro |  | - |  | 39,633 |
Mexican peso |  | 73,964 |  | 43,890 |
Japanese yen |  | 4,749 |  | - |
Swiss franc |  | 89,837 |  | - |
Total |  | 2,705,365 |  | 1,449,023 |

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- Definition The entire disclosure for short-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 7 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.13) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 13 -Article 9 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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