v3.22.0.1
Consolidated cash flow statements - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Consolidated cash flows statements [Abstract]      
Profit/(loss) for the year $ (10,918) $ 16,874 $ 74,608
Non-monetary adjustments      
Depreciation, amortization and impairment charges 439,441 408,604 310,755
Financial (income)/expenses 359,550 315,151 405,634
Fair value (gains)/losses on derivative financial instruments (16,785) 15,308 (613)
Shares of (profits)/losses from associates (12,304) (510) (7,457)
Income tax 36,220 24,877 30,950
Other non-monetary items 55,809 (43,943) (25,800)
Profit/(loss) for the year adjusted by non-monetary items 851,013 736,361 788,077
Changes in working capital      
Inventories 5,215 (4,590) (1,343)
Trade and other receivables 48,521 (790) (71,505)
Trade payables and other current liabilities (25,782) (9,771) (36,533)
Financial investments and other current assets/liabilities (31,081) 4,249 (15,602)
Changes in working capital (3,127) (10,902) (124,983)
Income tax received/(paid) (51,684) (16,425) (23)
Interest received 2,519 5,148 10,135
Interest paid (293,098) (275,961) (309,625)
Net cash provided by operating activities 505,623 438,221 363,581
Acquisitions of subsidiaries and entities under the equity method (362,449) 2,453 (173,366)
Investments in contracted concessional assets [1] (24,682) (1,361) 22,009
Distributions from entities under the equity method 34,883 22,246 30,443
Other non-current assets/liabilities 1,093 (29,198) 2,703
Net cash used in investing activities (351,155) (5,860) (118,211)
Proceeds from project debt 14,560 603,949 5,860
Proceeds from corporate debt 429,014 678,651 352,966
Repayment of project debt (418,265) (621,691) (282,255)
Repayment of corporate debt (376,154) (502,042) (320,815)
Dividends paid to Company's shareholders (190,638) (168,659) (159,002)
Dividends paid to non-controlling interest (28,134) (22,944) (29,239)
Purchase of Liberty Interactive's equity interests in Solana 0 (266,850) 0
Non-controlling interest capital contribution 0 0 92,303
Capital increase 189,454 162,246 30,000
Net cash used in financing activities (380,163) (137,340) (310,182)
Net increase/(decrease) in cash and cash equivalents (225,695) 295,021 (64,812)
Cash and cash equivalents at beginning of the year 868,501 562,795 631,542
Translation differences in cash and cash equivalents (20,117) 10,685 (3,935)
Cash and cash equivalents at the end of the year $ 622,689 $ 868,501 $ 562,795
[1] Includes proceeds for $20.5 million, $7.4 million, and $22.2 million in 2021, 2020 and 2019 respectively (Note 6).