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v3.23.1

Finance income and cost (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
Analysis of finance income |  |  |  |  |
Interest on cash and equivalents | $ 12,036 | $ 2,872 |  | $ 4,384 |
Interest on asset backed trust notes | 711 | 280 |  | 301 |
Interest on recovery of guarantee deposits | 155 | 379 |  | 99 |
Total finance income | 12,902 | 3,531 | [1] | 4,784 | [1]
Analysis of finance cost |  |  |  |  |
Leases financial cost | 174,769 | 128,159 |  | 108,907 |
Interest on asset backed trust notes | 12,049 | 5,672 |  | 5,448 |
Cost of letter credit notes | 4,131 | 3,025 |  | 3,410 |
Other finance costs | 584 | 1,589 |  | 481 |
Interest on debts and borrowings | 533 | 703 |  | 768 |
Bank fees and others | 308 | 226 |  | 176 |
Financial instruments loss | 161 |  |  | 19,130 |
Total finance costs | 192,535 | 139,374 | [1] | 138,320 | [1]
Capitalized borrowing costs |  |  |  |  |
Interest on debts and borrowings | 8,448 | 7,801 |  | 18,640 |
Capitalized interest | (7,915) | (7,098) |  | (17,872) |
Interest on debts and borrowing in the consolidated statements of operations | $ 533 | $ 703 |  | $ 768 |
[1] | The comparative Consolidated financial statements have been re-presented from Mexican peso to U.S. dollar to reflect the Company’s change in presentation currency.

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