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Note 18 - Borrowings (Tables) | 12 Months Ended
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Dec. 31, 2018
Statement Line Items [Line Items] |
Disclosure of detailed information about borrowings [text block] |
|  | Year ended December 31,
|  | 2018 |  | 2017
Non-current |  |  |  |
Bank borrowings |  |  | 29,214 |  |  |  | 34,626 |
Finance lease liabilities |  |  | - |  |  |  | 59 |
Costs of issue of debt |  |  | (27 | ) |  |  | (40 | )
|  |  | 29,187 |  |  |  | 34,645 |
Current |  |  |  |  |  |  |  |
Bank borrowings |  |  | 508,143 |  |  |  | 930,957 |
Bank overdrafts |  |  | 1,644 |  |  |  | 131 |
Finance lease liabilities |  |  | 44 |  |  |  | 138 |
Costs of issue of debt |  |  | (11 | ) |  |  | (12 | )
|  |  | 509,820 |  |  |  | 931,214 |
Total Borrowings |  |  | 539,007 |  |  |  | 965,859 |
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, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial lease |  |  | 44 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 44 |
Other borrowings |  |  | 509,776 |  |  |  | 4,271 |  |  |  | 4,771 |  |  |  | 20,145 |  |  |  | - |  |  |  | - |  |  |  | 538,963 |
Total borrowings |  |  | 509,820 |  |  |  | 4,271 |  |  |  | 4,771 |  |  |  | 20,145 |  |  |  | - |  |  |  | - |  |  |  | 539,007 |
Interest to be accrued (*) |  |  | 8,182 |  |  |  | 1,175 |  |  |  | 1,166 |  |  |  | 169 |  |  |  |  |  |  |  |  |  |  |  | 10,692 |
Total |  |  | 518,002 |  |  |  | 5,446 |  |  |  | 5,937 |  |  |  | 20,314 |  |  |  | - |  |  |  | - |  |  |  | 549,699 |
|  | 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 |
Disclosure of detailed information about significant borrowings [text block] |
|  |  | In million of USD
Disbursement date | Borrower | Type | Original & Outstanding | Final maturity
2018 | Tamsa | Bank loans | 347 | 2019
2018 | Siderca | Bank loans | 66 | 2019
2018 | TuboCaribe | Bank loan | 50 | May 2019
Disclosure of detailed information about weighted average interest rates of borrowings [text block] |
|  | 2018 |  | 2017
Total borrowings |  |  | 3.98 | % |  |  | 3.73 | %
Disclosure of detailed information about borrowings by currency and rate [text block] |
|  |  |  | Year ended December 31,
Currency |  | Interest rates |  | 2018 |  | 2017
USD |  | Fixed |  |  | 18,762 |  |  |  | 19,120 |
EUR |  | Fixed |  |  | 9,023 |  |  |  | 13,828 |
EUR |  | Variable |  |  | 1,402 |  |  |  | 1,638 |
Others |  | Variable |  |  | - |  |  |  | 59 |
Total non-current borrowings |  |  |  |  | 29,187 |  |  |  | 34,645 |
|  |  |  | Year ended December 31,
Currency |  | Interest rates |  | 2018 |  | 2017
USD |  | Variable |  |  | 16,847 |  |  |  | 17,640 |
USD |  | Fixed |  |  | 138,303 |  |  |  | 187,872 |
EUR |  | Variable |  |  | 198 |  |  |  | 169 |
EUR |  | Fixed |  |  | 4,178 |  |  |  | 839 |
MXN |  | Fixed |  |  | 301,047 |  |  |  | 412,719 |
ARS |  | Fixed |  |  | 49,125 |  |  |  | 311,829 |
Others |  | Variable |  |  | 89 |  |  |  | 138 |
Others |  | Fixed |  |  | 33 |  |  |  | 8 |
Total current borrowings |  |  |  |  | 509,820 |  |  |  | 931,214 |
Disclosure of borrowings evolution [text block] |
|  | Year ended December 31, 2018
|  | Non current |  | Current
At the beginning of the year |  |  | 34,645 |  |  |  | 931,214 |
Translation differences |  |  | (623 | ) |  |  | (8,191 | )
Proceeds and repayments, net |  |  | (1,330 | ) |  |  | (411,570 | )
Interests accrued less payments |  |  | (5 | ) |  |  | (6,646 | )
Reclassifications |  |  | (3,500 | ) |  |  | 3,500 |
Overdrafts variation |  |  | - |  |  |  | 1,513 |
At the end of the year |  |  | 29,187 |  |  |  | 509,820 |

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