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Note 6 - Financial Results | 12 Months Ended
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Dec. 31, 2018
Statement Line Items [Line Items] |
Disclosure of finance income (cost) [text block] |
6 | Financial results
(all amounts in thousands of U.S. dollars) |  | Year ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Interest Income |  |  | 42,244 |  |  |  | 51,525 |  |  |  | 60,405 |
Net result on changes in FV of financial assets at FVTPL |  |  | (2,388 | ) |  |  | (3,920 | ) |  |  | 5,799 |
Finance income (*) |  |  | 39,856 |  |  |  | 47,605 |  |  |  | 66,204 |
Finance cost |  |  | (36,942 | ) |  |  | (27,072 | ) |  |  | (22,329 | )
Net foreign exchange transactions results (**) |  |  | 28,845 |  |  |  | (48,955 | ) |  |  | (2,146 | )
Foreign exchange derivatives contracts results (***) |  |  | 6,576 |  |  |  | (8,996 | ) |  |  | (31,310 | )
Other |  |  | (1,035 | ) |  |  | 14,392 |  |  |  | 11,447 |
Other financial results |  |  | 34,386 |  |  |  | (43,559 | ) |  |  | (22,009 | )
Net financial results |  |  | 37,300 |  |  |  | (23,026 | ) |  |  | 21,866 |
From discontinued operations |  |  | - |  |  |  | 9 |  |  |  | 88 |
|  |  | 37,300 |  |  |  | (23,017 | ) |  |  | 21,954 |
(*) In 2018 includes $3.6 million of interest related to instruments carried at FVTPL. (**) In 2018 includes the result from the Argentine peso depreciation against the U.S. dollar on Peso denominated financial, trade, social and fiscal payables and receivables at Argentine subsidiaries with functional currency U.S. dollar, together with the positive impact from Euro depreciation against the U.S. dollar on Euro denominated intercompany liabilities in subsidiaries with functional currency U.S. Dollar, largely offset by an increase in currency translation adjustment reserve from our Italian subsidiary. In 2017 includes the negative impact from Euro appreciation against the U.S. dollar on Euro denominated intercompany liabilities in subsidiaries with functional currency U.S. Dollar, largely offset by an increase in currency translation adjustment reserve from our Italian subsidiary. (***) In 2016 includes the negative impact from Brazilian Real appreciation against the U.S. dollar on hedging instruments and of Cash and cash equivalent and other investments denominated in U.S. dollar in subsidiaries with functional currency Brazilian Real, partially offset by an increase in currency translation adjustment reserve from the Brazilian subsidiaries.

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