XML 66 R53.htm IDEA: XBRL DOCUMENT v3.22.0.1
Goodwill (Tables)
 12 Months Ended
Dec. 31, 2021
Text block [abstract]  
Reconciliation of Goodwill
Million US dollar
   
31 December 2021
     
31 December 2020
  
Acquisition cost
                  
Balance at end of previous year
   
 
123 702
     
 
128 119
  
    
 
 
     
 
 
  
Effect of movements in foreign exchange
      (5 456 )       (4 723 ) 
Acquisitions through business combinations
      —          185  
Transfers (to)/from intangible assets
      18        —    
Hyperinflation monetary adjustments
      196        120  
    
 
 
     
 
 
  
Balance at end of the period
   
 
118 461
     
 
123 702
  
    
 
 
     
 
 
  
Impairment losses
                  
Balance at end of previous year
   
 
(2 731
) 
   
 
(5
) 
    
 
 
     
 
 
  
Effect of movements in foreign exchange
      66        (226 ) 
Impairment losses
      —         
(2 500
 ) 
    
 
 
     
 
 
  
Balance at end of the period
   
 
(2 665
) 
   
 
(2 731
) 
    
 
 
     
 
 
  
Carrying amount
                  
at 31 December 2020
   
 
120 971
     
 
120 971
  
    
 
 
     
 
 
  
at 31 December 2021
   
 
115 796
           
    
 
 
           
Summary of Carrying Amount of Goodwill Allocated to Different Cash-generating Units
The carrying amount of goodwill was allocated to the different cash-generating units as follows:
 
Million US dollar
   
31 December 2021
     
31 December 2020
  
United States
      33 607        33 552  
Rest of North America
      2 114        2 105  
Mexico
      12 062        12 446  
Colombia
      15 344        17 748  
Rest of Middle Americas
      22 769        24 036  
Brazil
      3 280        3 521  
Rest of South America
      1 173        1 061  
Europe
      2 244        2 444  
South Africa
      10 231        11 110  
Rest of Africa
      5 287        4 990  
China
      3 387        3 291  
Rest of Asia Pacific
      3 717        4 059  
Global Export and Holding Companies
      582        608  
    
 
 
     
 
 
  
Total carrying amount of goodwill
   
 
115 796
     
 
120 971
  
    
 
 
     
 
 
  
Summary of Weighted Average Cost of Capital
The WACC applied in US dollar nominal terms were as follows:
 
Cash-generating unit
   
31 December 2021
    
31 December 2020
  
Colombia
      6 %      6 % 
Rest of Middle Americas
      10 %      9 % 
South Africa
      8 %      7 % 
Rest of Africa
      10 %      10 % 
Rest of Asia Pacific
      6 %      6 %