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III. Financial Risk Management (Tables)
 12 Months Ended
Dec. 31, 2022
Disclosure of detailed information about financial instruments [abstract]  
Disclosure of effect of changes in foreign exchange rates [text block]

All amounts Long / (Short) in thousands of U.S. dollars


As of December 31,


Currency Exposure / Functional currency


2022



2021


Argentine Peso / U.S. dollar


(126,739

)

(95,073

)

Euro / U.S. dollar


(42,458

)

12,462


Saudi Arabian Riyal / U.S. dollar


(74,183

)

(77,853

)

U.S. dollar / Brazilian Real


(94,856

)

(32,738

)
Disclosure of financial instruments by type of interest rate [text block]

 

As of December 31,


 

2022


2021


 

In thousands of U.S. dollars


%


In thousands of U.S. dollars


%


Fixed rate (*)

497,889


68

%

187,036


57

%

Variable rate

230,873


32

%

143,897


43

%

Total

728,762


 


330,933


 


Disclosure of fair value of financial instruments [text block]

 


Carrying amount


Measurement Categories


At Fair Value


December 31, 2022

Amortized Cost


FVOCI


FVPL


Level 1


Level 2


Level 3


Assets


 


 


 


 


 


 


 


Cash and cash equivalents


1,091,527


668,668


-


422,859


422,859


-


-


Other investments


438,448


196,152


182,988


59,308


242,296


-


-


Fixed income (time-deposit, zero coupon bonds, commercial papers)


196,152


196,152


-


-


-


-


-


Certificates of deposits


36,167


36,167


-


-


-


-


-


Commercial papers


19,785


19,785


-


-


-


-


-


Other notes


140,200


140,200


-


-


-


-


-


Bonds and other fixed income


211,953


-


182,988


28,965


211,953


-


-


Non-U.S. government securities


108,310


-


79,345


28,965


108,310


-


-


Corporates securities


103,643


-


103,643


 


103,643


-


-


Mutual Fund


30,343


-


-


30,343


30,343


-


-


Derivative financial instruments


30,805


-


-


30,805


-


30,805


-


Other Investments Non-current


119,902


-


113,574


6,328


113,574


-


6,328


Bonds and other fixed income


113,574


-


113,574


-


113,574


-


-


Other investments


6,328


-


-


6,328


-


-


6,328


Trade receivables


2,493,940


2,493,940


-


-


-


-


-


Receivables C and NC (*)


395,531


105,397


48,659


-


-


-


48,659


Other receivables


154,056


105,397


48,659


-


-


-


48,659


Other receivables (non-financial)


241,475


-


-


-


-


-


-


Total


 


3,464,157


345,221


519,300


778,729


30,805


54,987


Liabilities


 


 


 


 


 


 


 


Borrowings C and NC


728,762


728,762


-


-


-


-


-


Trade payables


1,179,457


1,179,457


-


-


-


-


-


Lease Liabilities C and NC


112,177


112,177


-


-


-


-


-


Derivative financial instruments


7,127


-


-


7,127


-


7,127


-


Total


 


2,020,396


-


7,127


-


7,127


-


(*) Includes balances related to interest in Venezuelan companies. See note 34 to these Consolidated Financial Statements.

 


Carrying amount


Measurement Categories


At Fair Value


December 31, 2021

Amortized Cost


FVOCI


FVPL


Level 1


Level 2


Level 3


Assets


 


 


 


 


 


 


 


Cash and cash equivalents


318,127


212,430


-


105,697


105,697


-


-


Other investments


397,849


239,742


158,107


-


158,107


-


-


Fixed income (time-deposit, zero coupon bonds, commercial papers)


239,742


239,742


-


-


-


-


-


Certificates of deposits


94,414


94,414


-


-


-


-


-


Commercial papers


30,062


30,062


-


-


-


-


-


Other notes


115,266


115,266


-


-


-


-


-


Bonds and other fixed income


158,107


-


158,107


-


158,107


-


-


Non-U.S. government securities


10,660


-


10,660


-


10,660


-


-


Corporates securities


147,447


-


147,447


-


147,447


-


-


Derivative financial instruments


11,315


-


-


11,315


-


11,315


-


Other Investments Non-current


320,254


-


312,619


7,635


312,619


-


7,635


Bonds and other fixed income


312,619


-


312,619


-


312,619


-


-


Other investments


7,635


-


-


7,635


-


-


7,635


Trade receivables


1,299,072


1,299,072


-


-


-


-


-


Receivables C and NC (*)


302,164


85,220


48,659


-


-


-


48,659


Other receivables


133,879


85,220


48,659


-


-


-


48,659


Other receivables (non-financial)


168,285


-


-


-


-


-


-


Total


 


1,836,464


519,385


124,647


576,423


11,315


56,294


Liabilities 


 


 


 


 


 


 


 


Borrowings C and NC


330,933


330,933


-


-


-


-


-


Trade payables


845,256


845,256


-


-


-


-


-


Lease Liabilities C and NC


117,285


117,285


-


-


-


-


-


Derivative financial instruments


11,328


-


-


11,328


-


11,328


-


Total


 


1,293,474


-


11,328


-


11,328


-


(*)Includes balances related to interest in Venezuelan companies. See note 34 to these Consolidated Financial Statements.
Disclosure of fair value measurement [text block]

 


Year ended December 31,


 


2022



2021


At the beginning of the year


56,294



56,319


(Decrease) / increase


(1,126

)

219


Currency translation adjustment and others


(181

)

(244

)

At the end of the year


54,987



56,294