XML 141 R127.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Financial Statement Schedule I - STATEMENTS OF CASH FLOWS (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities:      
Net income $ 363,634 $ 298,555 $ 109,876
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 307,040 234,559 282,769
Accretion of convertible notes 2,145 1,302 1,461
Loss (gain) on disposal of property, plant and equipment (5,342) (4,259) 83
Loss (gain) on change in fair value of derivatives 27,504 44,489 (23,785)
Allowance for credit losses 12,014 5,773 7,615
Share-based compensation 55,335 9,370 8,808
Deferred taxes (17,908) 16,908 (67,386)
Changes in operating assets and liabilities:      
Accounts receivable trade 58,985 (357,276) (284,785)
Amounts due from subsidiaries 9,210 (4,451) (68,912)
Prepaid expenses and other current assets (22,277) 151,663 (85,754)
Other non-current assets (33,597) (17,350) 20,357
Accounts payable 13,115 351,535 11,023
Amounts due from subsidiaries 427 (54) (171)
Liability for uncertain tax positions (29) (1,718) (7,281)
Net settlement of derivatives (39,133) (31,851) 31,886
Net cash provided by (used in) operating activities 684,615 916,631 (408,254)
Investing activities:      
Net cash used in investing activities (1,671,416) (630,488) (429,570)
Financing activities:      
Net proceeds from issuance of common shares     148,510
Proceeds from changes in ownership interests in subsidiaries without change of control 5,910 15,109 10,003
Net cash provided by financing activities 2,052,828 428,639 614,071
Effect of exchange rate changes (89,098) (179,561) 18,320
Net increase (decrease) in cash, cash equivalents and restricted cash 976,929 535,221 (205,433)
Cash, cash equivalents and restricted cash at the beginning of the year 1,969,503 1,434,282  
Cash, cash equivalents and restricted cash at the end of the year 2,946,432 1,969,503 1,434,282
Supplemental disclosure of cash flow information:      
Interest paid (net of amounts capitalized) 121,665 76,511 71,006
Parent Company | Reportable legal entities      
Operating activities:      
Net income 274,187 239,968 95,248
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization     150
Accretion of convertible notes 1,447 1,302 1,461
Loss (gain) on change in fair value of derivatives 1,535 844 (4,043)
Equity in earnings of subsidiaries (319,325) (246,382) (101,385)
Share-based compensation 28,410 9,370 8,808
Deferred taxes 5,180 3,319 805
Changes in operating assets and liabilities:      
Amounts due from subsidiaries 245,001 10,990 (206,892)
Prepaid expenses and other current assets (1,594) (7,900) 17,353
Other non-current assets   10 (4,907)
Amounts due from subsidiaries (232,650) 38,610 (42,224)
Other current liabilities 4,377 (1,154) (27,293)
Liability for uncertain tax positions (28) (1,702) (5,915)
Net settlement of derivatives (859) 439 4,633
Net cash provided by (used in) operating activities 5,681 47,714 (264,201)
Investing activities:      
Investments in subsidiaries (22,164) (65,421) (138,456)
Investments in affiliates   (990) (5,273)
Loans to subsidiaries (62,226) (122,050) (201,192)
Repayment of loans from subsidiaries 69,150 172,573 253,816
Net cash used in investing activities (15,240) (15,888) (91,105)
Financing activities:      
Proceeds from (repayment of) short-term borrowings     (80,000)
Repayment of loan from subsidiary   (49,554)  
Loans from a subsidiaries     280,000
Net proceeds from issuance of common shares     148,510
Net cash provided by financing activities   (49,554) 348,510
Effect of exchange rate changes (5,460) 5,957 (797)
Net increase (decrease) in cash, cash equivalents and restricted cash (15,019) (11,771) (7,593)
Cash, cash equivalents and restricted cash at the beginning of the year 15,661 27,432 35,025
Cash, cash equivalents and restricted cash at the end of the year 642 15,661 27,432
Supplemental disclosure of cash flow information:      
Interest paid (net of amounts capitalized) $ 11,586 $ 30,521 $ 20,272