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Note 20 - Borrowings (Tables) | 12 Months Ended
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Dec. 31, 2020
Borrowings [abstract] |
Disclosure of detailed information about borrowings [text block] |
|  |  | Year ended December 31, |
(all amounts in thousands of U.S. dollars) |  | 2020 |  |  | 2019 |
Non-current |  |  |  |  |  |  |  |
Bank borrowings |  |  | 315,884 |  |  |  | 40,896 |
Costs of issue of debt |  |  | (145 | ) |  |  | (16 | )
|  |  | 315,739 |  |  |  | 40,880 |
Current |  |  |  |  |  |  |  |
Bank borrowings |  |  | 303,170 |  |  |  | 781,258 |
Bank overdrafts |  |  | 98 |  |  |  | 24 |
Costs of issue of debt |  |  | - |  |  |  | (10 | )
|  |  | 303,268 |  |  |  | 781,272 |
Total Borrowings |  |  | 619,007 |  |  |  | 822,152 |
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, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrowings |  |  | 303,268 |  |  |  | 104,147 |  |  |  | 207,595 |  |  |  | 3,997 |  |  |  | - |  |  |  | - |  |  |  | 619,007 |
Total borrowings |  |  | 303,268 |  |  |  | 104,147 |  |  |  | 207,595 |  |  |  | 3,997 |  |  |  | - |  |  |  | - |  |  |  | 619,007 |
Interest to be accrued (*) |  |  | 9,829 |  |  |  | 5,068 |  |  |  | 1,014 |  |  |  | 22 |  |  |  | - |  |  |  | - |  |  |  | 15,933 |
Total |  |  | 313,097 |  |  |  | 109,215 |  |  |  | 208,609 |  |  |  | 4,019 |  |  |  | - |  |  |  | - |  |  |  | 634,940 |
|  | 1 year or less |  |  | 1 - 2 years |  |  | 2 – 3 years |  |  | 3 - 4 years |  |  | 4 - 5 years |  |  | Over 5 years |  |  | Total |
At December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrowings |  |  | 781,272 |  |  |  | 17,307 |  |  |  | 23,573 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 822,152 |
Total borrowings |  |  | 781,272 |  |  |  | 17,307 |  |  |  | 23,573 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 822,152 |
Interest to be accrued (*) |  |  | 11,370 |  |  |  | 1,045 |  |  |  | 117 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 12,532 |
Total |  |  | 792,642 |  |  |  | 18,352 |  |  |  | 23,690 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 834,684 |
Disclosure of detailed information about significant borrowings [text block] |
|  |  | In million of U.S. dollars
Disbursement date | Borrower | Type | Original & Outstanding | Final maturity
2020 | Maverick | Bilateral | 50 | 2021
2020 | Maverick | Bilateral | 75 | 2022
2020 | Tamsa | Bilateral | 60 | 2023
2020 | Tamsa | Bilateral | 80 | 2023
2020 | Tamsa | Bilateral | 60 | 2023
2020 | SSPC | Multiple Banks | 81 | 2021 - 2024
Disclosure of detailed information about weighted average interest rates of borrowings [text block] |
|  | 2020 |  |  | 2019 |
Total borrowings |  |  | 2.51 | % |  |  | 3.18 | %
Disclosure of detailed information about borrowings by currency and rate [text block] |
(all amounts in thousands of U.S. dollars) |  |  |  |  | Year ended December 31, |
Currency |  | Interest rates |  | 2020 |  |  | 2019 |
USD |  | Variable |  |  | 274,600 |  |  |  | - |
USD |  | Fixed |  |  | 17,936 |  |  |  | 18,370 |
SAR |  | Fixed |  |  | 20,902 |  |  |  | 16,106 |
EUR |  | Fixed |  |  | 1,828 |  |  |  | 5,108 |
EUR |  | Variable |  |  | 473 |  |  |  | 1,296 |
Total non-current borrowings |  |  |  |  | 315,739 |  |  |  | 40,880 |
(all amounts in thousands of U.S. dollars) |  |  |  |  | Year ended December 31, |
Currency |  | Interest rates |  | 2020 |  |  | 2019 |
USD |  | Variable |  |  | 67,823 |  |  |  | 17,092 |
USD |  | Fixed |  |  | 2,322 |  |  |  | 274,799 |
EUR |  | Variable |  |  | 1,015 |  |  |  | 80 |
EUR |  | Fixed |  |  | 3,886 |  |  |  | 3,772 |
MXN |  | Fixed |  |  | 147,997 |  |  |  | 424,964 |
ARS |  | Fixed |  |  | 3,699 |  |  |  | 86 |
SAR |  | Variable |  |  | 37,776 |  |  |  | 35,666 |
SAR |  | Fixed |  |  | 38,750 |  |  |  | 24,797 |
Others |  | Variable |  |  | - |  |  |  | 16 |
Total current borrowings |  |  |  |  | 303,268 |  |  |  | 781,272 |
Disclosure of borrowings evolution [text block] |
|  |  | Year ended December 31, 2020 |
(all amounts in thousands of U.S. dollars) |  | Non current |  |  | Current |
At the beginning of the year |  |  | 40,880 |  |  |  | 781,272 |
Translation differences |  |  | 266 |  |  |  | (487 | )
Proceeds and repayments, net |  |  | 234,455 |  |  |  | (478,913 | )
Interests accrued less payments |  |  | 426 |  |  |  | (12,016 | )
Reclassifications |  |  | (12,940 | ) |  |  | 12,940 |
Increase due to business combinations |  |  | 52,652 |  |  |  | 398 |
Overdrafts variation |  |  | - |  |  |  | 74 |
At the end of the year |  |  | 315,739 |  |  |  | 303,268 |

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