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v3.23.1

Consolidated Statement of Cash Flow (Tables) | 12 Months Ended
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Dec. 31, 2022
CONSOLIDATED STATEMENT OF CASH FLOW |
Schedule of Non-cash Transactions Related to the Consolidated Statement of Cash Flow | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Amounts in US$‘000 |  | 2022 |  | 2021 |  | 2020
Decrease in asset retirement obligation | ​ | (4,942) | ​ | (651) | ​ | (1,812)
Decrease in provisions for other long-term liabilities | ​ | (2,616) | ​ | (443) | ​ | (1,051)
Purchase of property, plant and equipment | ​ | 7,864 | ​ | — | ​ | —
Additions / changes in estimates of right-of-use assets | ​ | 22,462 | ​ | 5,288 | ​ | 560
​
Schedule of Changes in Working Capital Shown in the Consolidated Statement of Cash Flow | Changes in working capital shown in the Consolidated Statement of Cash Flow are disclosed as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Amounts in US$‘000 |  | 2022 |  | 2021 |  | 2020
(Increase) Decrease in Inventories | ​ | (6,694) |  | 1,241 |  | 1,220
(Increase) Decrease in Trade receivables | ​ | (1,425) |  | (23,290) |  | 3,190
(Increase) Decrease in Prepayments and other receivables and Other assets (a) | ​ | (30,929) |  | (13,817) |  | 38,742
(Decrease) Increase in Trade and other payables | ​ | (999) |  | 26,515 |  | (48,392)
​ |  | (40,047) |  | (9,351) |  | (5,240)
| (a) | Includes withholding taxes from clients for US$ 27,256,000, US$ 16,361,000 and US$ 10,046,000, in 2022, 2021 and 2020, respectively.
Schedule of reconciliation of liabilities arising from cash flow activities | The following chart shows the movements in the borrowings and lease liabilities for each of the periods presented:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Lease | ​ | ​
Amounts in US$‘000 | ​ | Borrowings | ​ | Liabilities | ​ | Total
As of January 1, 2020 | ​ | 437,419 | ​ | 13,243 | ​ | 450,662
Proceeds from borrowings | ​ | 350,000 | ​ | — | ​ | 350,000
Debt issuance costs paid | ​ | (7,507) | ​ | — | ​ | (7,507)
Acquisitions (Note 36.1) | ​ | — | ​ | 17,851 | ​ | 17,851
Addition to lease liabilities | ​ | — | ​ | 561 | ​ | 561
Accrual of borrowing's interests | ​ | 48,232 | ​ | — | ​ | 48,232
Exchange difference | ​ | — | ​ | 466 | ​ | 466
Foreign currency translation | ​ | (2,389) | ​ | (1,641) | ​ | (4,030)
Unwinding of discount | ​ | — | ​ | 1,247 | ​ | 1,247
Principal paid | ​ | (3,575) | ​ | — | ​ | (3,575)
Interest paid | ​ | (37,594) | ​ | — | ​ | (37,594)
Lease payments | ​ | — | ​ | (9,380) | ​ | (9,380)
As of December 31, 2020 | ​ | 784,586 | ​ | 22,347 | ​ | 806,933
Proceeds from borrowings | ​ | 172,174 | ​ | — | ​ | 172,174
Debt issuance costs paid | ​ | (2,019) | ​ | — | ​ | (2,019)
Addition to lease liabilities | ​ | — | ​ | 5,288 | ​ | 5,288
Accrual of borrowing's interests | ​ | 44,323 | ​ | — | ​ | 44,323
Exchange difference | ​ | (581) | ​ | (365) | ​ | (946)
Foreign currency translation | ​ | (265) | ​ | (461) | ​ | (726)
Unwinding of discount | ​ | — | ​ | 1,453 | ​ | 1,453
Principal paid | ​ | (274,934) | ​ | — | ​ | (274,934)
Interest paid | ​ | (42,592) | ​ | — | ​ | (42,592)
Borrowings cancellation costs | ​ | 6,308 | ​ | — | ​ | 6,308
Borrowings cancellation and other costs paid | ​ | (12,908) | ​ | — | ​ | (12,908)
Lease payments | ​ | — | ​ | (7,518) | ​ | (7,518)
As of December 31, 2021 | ​ | 674,092 | ​ | 20,744 | ​ | 694,836
Addition to lease liabilities | ​ | — | ​ | 22,462 | ​ | 22,462
Accrual of borrowing's interests | ​ | 36,360 | ​ | — | ​ | 36,360
Exchange difference | ​ | — | ​ | (6,426) | ​ | (6,426)
Foreign currency translation | ​ | 203 | ​ | 284 | ​ | 487
Unwinding of discount | ​ | — | ​ | 2,838 | ​ | 2,838
Principal paid | ​ | (172,522) | ​ | — | ​ | (172,522)
Interest paid | ​ | (36,514) | ​ | — | ​ | (36,514)
Borrowings cancellation costs | ​ | 5,141 | ​ | — | ​ | 5,141
Borrowings cancellation and other costs paid | ​ | (9,118) | ​ | — | ​ | (9,118)
Lease payments | ​ | — | ​ | (7,851) | ​ | (7,851)
As of December 31, 2022 | ​ | 497,642 | ​ | 32,051 | ​ | 529,693

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