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Note 22 - Other Liabilities (Tables)
12 Months Ended
Dec. 31, 2020
Disclosure of Other Liabilities [Abstract]  
Disclosure of other non-current liabilities [text block]

 



Year ended December 31,


(all amounts in thousands of U.S. dollars)


2020



2019


Post-employment benefits



136,811




144,993


Other-long term benefits



64,928




85,473


Miscellaneous



43,896




20,917


 



245,635




251,383


Disclosure of net defined benefit liability (asset) [text block]

 



Year ended December 31,


(all amounts in thousands of U.S. dollars)


2020



2019


Unfunded



115,774




125,573


Funded



21,037




19,420


 



136,811




144,993


 



Year ended December 31,


(all amounts in thousands of U.S. dollars)


2020



2019


Values at the beginning of the year



125,573




97,318


Current service cost



4,796




7,978


Interest cost



6,496




5,526


Curtailments and settlements



 (1,237

)

 - 


Remeasurements (*)



 (2,230

)

7,010


Translation differences



 (415

)

 (1,567

)

Increase due to business combinations



1,566




15,660


Benefits paid from the plan



 (22,955

)

 (9,328

)

Other



4,180




2,976


At the end of the year



115,774




125,573


 



Year ended December 31,


(all amounts in thousands of U.S. dollars)


2020



2019


Present value of funded obligations



176,309




160,412


Fair value of plan assets



(157,335

)

(145,160

)

Liability (*)



18,974




15,252


 



Year ended December 31,


(all amounts in thousands of U.S. dollars)


2020



2019


At the beginning of the year



160,412




146,885


Translation differences



2,148




4,542


Current service cost



850




721


Interest cost



5,009




5,754


Remeasurements (*)



18,025




12,769


Benefits paid



(9,266

)

 (10,259

)

Other



(869

)

 - 


At the end of the year



176,309




160,412


Disclosure of sensitivity analysis for actuarial assumptions [text block]

 



Year ended December 31,


 



2020



2019


Discount rate



1% - 7%



1% - 7%


Rate of compensation increase



0% - 3%



0% - 3%


 



Year ended December 31,


 



2020



2019


Discount rate



1 % - 3 %



3 % - 4 %


Rate of compensation increase



0 % - 3 %



0 % - 3 %


Disclosure of fair value of plan assets [text block]

 



Year ended December 31,


(all amounts in thousands of U.S. dollars)


2020



2019


At the beginning of the year



 (145,160

)

 (132,438

)

Translation differences



(1,729

)

 (4,137

)

Return on plan assets



(4,411

)

 (5,018

)

Remeasurements



(10,396

)

 (10,507

)

Contributions paid to the plan



(5,017

)

 (3,589

)

Benefits paid from the plan



9,266




10,259


Other



112




270


At the end of the year



 (157,335

)

 (145,160

)

 



Year ended December 31,


 


2020



2019


Equity instruments



49.3

%

49.0

%

Debt instruments



46.8

%

47.0

%

Others



3.9

%

4.0

%
Disclosure of other current liabilities [text block]

 



Year ended December 31,


(all amounts in thousands of U.S. dollars)


2020



2019


Payroll and social security payable



175,175




153,009


Miscellaneous



27,651




23,255


 



202,826




176,264