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Note 19 - Borrowings (Tables) | 12 Months Ended
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Dec. 31, 2017
Statement Line Items [Line Items] |
Disclosure of detailed information about borrowings [text block] |
|  | Year ended December 31, |
|  | 2017 |  |  | 2016 |
Non-current |  |  |  |  |  |
Bank borrowings |  |  | 34,626 |  |  |  | 31,544 |
Finance lease liabilities |  |  | 59 |  |  |  | 35 |
Costs of issue of debt |  |  | (40 | ) |  |  | (37 | )
|  |  | 34,645 |  |  |  | 31,542 |
Current |  |  |  |  |  |  |  |
Bank borrowings |  |  | 930,957 |  |  |  | 807,252 |
Bank overdrafts |  |  | 131 |  |  |  | 1,320 |
Finance lease liabilities |  |  | 138 |  |  |  | 130 |
Costs of issue of debt |  |  | (12 | ) |  |  | (8 | )
|  |  | 931,214 |  |  |  | 808,694 |
Total Borrowings |  |  | 965,859 |  |  |  | 840,236 |
Disclosure of detailed information about the maturity of borrowings [text block] |
|  | 1 year or less |  |  | 1 - 2 years |  |  | 2 – 3 years |  |  | 3 - 4 years |  |  | 4 - 5 years |  |  | Over 5 years |  |  | Total |
At December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial lease |  |  | 138 |  |  |  | 59 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 197 |
Other borrowings |  |  | 931,076 |  |  |  | 4,876 |  |  |  | 4,484 |  |  |  | 4,978 |  |  |  | 20,248 |  |  |  | - |  |  |  | 965,662 |
Total borrowings |  |  | 931,214 |  |  |  | 4,935 |  |  |  | 4,484 |  |  |  | 4,978 |  |  |  | 20,248 |  |  |  | - |  |  |  | 965,859 |
Interest to be accrued (*) |  |  | 14,512 |  |  |  | 1,212 |  |  |  | 1,203 |  |  |  | 1,190 |  |  |  | 174 |  |  |  | - |  |  |  | 18,290 |
Total |  |  | 945,726 |  |  |  | 6,147 |  |  |  | 5,687 |  |  |  | 6,168 |  |  |  | 20,422 |  |  |  | - |  |  |  | 984,149 |
|  | 1 year or less |  |  | 1 - 2 years |  |  | 2 – 3 years |  |  | 3 - 4 years |  |  | 4 - 5 years |  |  | Over 5 years |  |  | Total |
At December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial lease |  |  | 130 |  |  |  | 35 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 165 |
Other borrowings |  |  | 808,564 |  |  |  | 1,198 |  |  |  | 3,739 |  |  |  | 3,360 |  |  |  | 3,632 |  |  |  | 19,578 |  |  |  | 840,071 |
Total borrowings |  |  | 808,694 |  |  |  | 1,233 |  |  |  | 3,739 |  |  |  | 3,360 |  |  |  | 3,632 |  |  |  | 19,578 |  |  |  | 840,236 |
Interest to be accrued (*) |  |  | 6,461 |  |  |  | 1,172 |  |  |  | 1,161 |  |  |  | 1,142 |  |  |  | 1,116 |  |  |  | 237 |  |  |  | 11,289 |
Total |  |  | 815,155 |  |  |  | 2,405 |  |  |  | 4,900 |  |  |  | 4,502 |  |  |  | 4,748 |  |  |  | 19,815 |  |  |  | 851,525 |
Disclosure of detailed information about significant borrowings [text block] |
|  |  |  |  |  | In million of USD
Disbursement date |  | Borrower |  | Type |  | Original & Outstanding |  | Final maturity
2017 |  | Tamsa |  | Bank loans |  | 404 |  | 2018
2017 |  | Siderca |  | Bank loans |  | 311 |  | 2018
Dec-17 |  | TuboCaribe |  | Bank loan |  | 150 |  | Dec-18
Disclosure of detailed information about weighted average interest rates of borrowings [text block] |
|  | 2017 |  |  | 2016 |
Total borrowings |  |  | 3.73 | % |  |  | 1.97 | %
Disclosure of detailed information about borrowings by currency and rate [text block] |
|  |  |  | Year ended December 31, |
Currency |  | Interest rates |  | 2017 |  |  | 2016 |
USD |  | Fixed |  |  | 19,120 |  |  |  | 19,461 |
EUR |  | Fixed |  |  | 13,828 |  |  |  | 10,701 |
Others |  | Variable |  |  | 1,697 |  |  |  | 1,380 |
Total non-current borrowings |  |  |  |  | 34,645 |  |  |  | 31,542 |
|  |  |  | Year ended December 31, |
Currency |  | Interest rates |  | 2017 |  |  | 2016 |
USD |  | Variable |  |  | 17,640 |  |  |  | 17,081 |
USD |  | Fixed |  |  | 187,872 |  |  |  | 200,448 |
EUR |  | Variable |  |  | 169 |  |  |  | 99 |
EUR |  | Fixed |  |  | 839 |  |  |  | 841 |
MXN |  | Fixed |  |  | 412,719 |  |  |  | 391,318 |
ARS |  | Fixed |  |  | 311,829 |  |  |  | 197,637 |
ARS |  | Variable |  |  | - |  |  |  | 1,041 |
Others |  | Variable |  |  | 138 |  |  |  | 35 |
Others |  | Fixed |  |  | 8 |  |  |  | 194 |
Total current borrowings |  |  |  |  | 931,214 |  |  |  | 808,694 |
Disclosure of borrowings evolution [text block] |
|  | Year ended December 31, 2017 |
|  | Non current |  |  | Current |
At the beginning of the year |  |  | 31,542 |  |  |  | 808,694 |
Translation differences |  |  | 1,649 |  |  |  | (3,622 | )
Proceeds and repayments, net |  |  | 1,510 |  |  |  | 105,142 |
Interests Accrued less payments |  |  | (19 | ) |  |  | 21,880 |
Reclassifications |  |  | (309 | ) |  |  | 309 |
Other Movements |  |  | 272 |  |  |  | - |
Overdrafts variation |  |  | - |  |  |  | (1,189 | )
At the end of the year |  |  | 34,645 |  |  |  | 931,214 |

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