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Note 22 - Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of Other Liabilities [Abstract]

Disclosure of other non-current liabilities [text block]

	Year ended December 31,
	2022	2021
Post-employment benefits	108,936	111,904
Other long-term benefits	71,446	71,345
Miscellaneous	49,760	48,432
	230,142	231,681

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

	Year ended December 31,
	2022	2021
Unfunded	103,822	103,841
Funded	5,114	8,063
	108,936	111,904

	Year ended December 31,
	2022		2021
Values at the beginning of the year	103,841		115,774
Current service cost	6,810		5,728
Interest cost	7,610		5,997
Curtailments and settlements	(64	)	(422	)
Remeasurements ^(*)	(4,228	)	3,174
Translation differences	(5,657	)	(3,716	)
Benefits paid from the plan	(5,111	)	(13,539	)
Reclassified to current liabilities	(461	)	(8,884	)
Other	1,082		(271)
At the end of the year	103,822		103,841

^(*)For 2022 a gain of $0.1 million is attributable to demographic assumptions and a gain of $4.1 million to financial assumptions.

For 2021 a loss of $0.7 million is attributable to demographic assumptions and a loss of $2.5 million to financial assumptions.

	Year ended December 31,
	2022		2021
Present value of funded obligations	116,617		159,528
Fair value of plan assets	(126,842	)	(160,504	)
Asset ^(*)	(10,225	)	(976	)

^(*)In 2022 and 2021, $14.6 million and $9 million corresponding to plans with surplus balances that were reclassified within other non-current assets, respectively.

	Year ended December 31,
	2022		2021
At the beginning of the year	159,528		176,309
Translation differences	(6,635	)	356
Current service cost	154		222
Interest cost	4,293		4,190
Remeasurements ^(*)	(30,349	)	(7,019	)
Benefits paid	(10,374	)	(14,530	)
At the end of the year	116,617		159,528

^(*)For 2022 a gain of $4.8 million is attributable to demographic assumptions and a gain of $25.6 million to financial assumptions.

For 2021 a gain of $0.4 million is attributable to demographic assumptions and a gain of $6.6 million to financial assumptions.

Disclosure of sensitivity analysis for actuarial assumptions [text block]

	Year ended December 31,
	2022	2021
Discount rate	4% - 7%	1% - 7%
Rate of compensation increase	2% - 3%	0% - 3%

	Year ended December 31,
	2022	2021
Discount rate	3% - 5%	2% - 3%
Rate of compensation increase	0% - 3%	0% - 3%

Disclosure of fair value of plan assets [text block]

	Year ended December 31,
	2022		2021
At the beginning of the year	(160,504	)	(157,335	)
Translation differences	6,639		(250	)
Return on plan assets	(4,319	)	(3,793	)
Remeasurements	20,987		(10,817	)
Contributions paid to the plan	(435	)	(3,338	)
Benefits paid from the plan	10,374		14,530
Other	416		499
At the end of the year	(126,842	)	(160,504	)

The major categories of plan assets as a percentage of total plan assets are as follows:

	Year ended December 31,
	2022	2021
Equity instruments	28.8%	49.2%
Debt instruments	67.2%	46.7%
Others	4.0%	4.1%

Disclosure of other current liabilities [text block]

	Year ended December 31,
	2022	2021
Payroll and social security payable	224,630	174,794
Miscellaneous	35,984	28,931
	260,614	203,725