XML 76 R34.htm IDEA: XBRL DOCUMENT

Note 24 - Current allowances and provisions

12 Months Ended

Dec. 31, 2020

Disclosure of Current allowances and provisions [Abstract]

Note 24 - Current allowances and provisions

24 Current allowances and provisions

(i) Deducted from assets

Year ended December 31, 2020		Allowance for doubtful accounts - Trade receivables				Allowance for other doubtful accounts - Other receivables				Allowance for inventory obsolescence
(all amounts in thousands of U.S. dollars)
Values at the beginning of the year			(48,782	)			(4,892	)			(217,717	)
Translation differences			(37	)			801				1,560
Increase due to business combinations			(1,930	)			-				(76,776	)
(Additional) allowances			(4,644	)			(1,263	)			(35,809	)
Used			1,717				1,437				65,107
At December 31, 2020			(53,676	)			(3,917	)			(263,635	)

Year ended December 31, 2019		Allowance for doubtful accounts - Trade receivables				Allowance for other doubtful accounts - Other receivables				Allowance for inventory obsolescence
(all amounts in thousands of U.S. dollars)
Values at the beginning of the year			(66,535	)			(6,784	)			(209,796	)
Translation differences			9				88				794
Increase due to business combinations			(1,788	)			-				(10,761	)
(Additional) / reversals allowances			16,256				1,239				(29,138	)
Used			3,276				565				31,184
At December 31, 2019			(48,782	)			(4,892	)			(217,717	)

(ii) Liabilities

Year ended December 31, 2020		Sales risks				Other claims and contingencies (*)				Total
(all amounts in thousands of U.S. dollars)
Values at the beginning of the year			5,867				11,150				17,017
Translation differences			(5	)			(975	)			(980	)
Increase due to business combinations			116				398				514
Additional provisions			9,728				1,751				11,479
Reclassifications			-				(557	)			(557	)
Used			(13,911	)			(1,283	)			(15,194	)
At December 31, 2020			1,795				10,484				12,279

Year ended December 31, 2019		Sales risks				Other claims and contingencies (*)				Total
(all amounts in thousands of U.S. dollars)
Values at the beginning of the year			6,814				17,469				24,283
Translation differences			(28	)			(570	)			(598	)
Increase due to business combinations			505				8,000				8,505
Additional / (reversals) provisions			11,880				(3,219	)			8,661
Reclassifications			-				(5,641	)			(5,641	)
Used			(13,304	)			(4,889	)			(18,193	)
At December 31, 2019			5,867				11,150				17,017

(*) Other claims and contingencies mainly include lawsuits and other legal proceedings, including employee, tax and environmental-related claims.