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Financial risk management - Hedging activities (Details) $ in Thousands | Dec. 31, 2018 USD ($) $ / £ | Jun. 30, 2018 USD ($) $ / £ | Dec. 31, 2017 USD ($) $ / £
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Financial risk management activities |  |  |
Closing exchange rate | $ / £ | 1.2790 | 1.3194 | 1.3513
US dollar |  |  |
Financial risk management activities |  |  |
Net debt | $ 439,600 | $ 521,500 | $ 538,800
Hedged future USD revenues | (338,046) | (307,019) | (296,369)
Unhedged USD borrowings | 101,554 | 214,481 | 242,431
Borrowings | US dollar |  |  |
Financial risk management activities |  |  |
Net debt | 650,000 | 650,000 | 650,000
Cash and cash equivalents | US dollar |  |  |
Financial risk management activities |  |  |
Net debt | $ (210,400) | $ (128,500) | $ (111,200)

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- Definition The spot exchange rate at the end of the reporting period. Exchange rate is the ratio of exchange for two currencies. Spot exchange rate is the exchange rate for immediate delivery. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_112_c&doctype=Standard -URIDate 2018-03-16 + Details
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- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table. + References No definition available. + Details
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- Definition The amount of net debt of the entity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_112_c&doctype=Standard -URIDate 2018-03-16 + Details
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- Details
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