Trade and other receivables

3 Months Ended

Mar. 31, 2022

Trade and other receivables [Abstract]

Trade and other receivables

Note 12. - Trade and other receivables

Trade and other receivables as of March 31, 2022 and December 31, 2021, consist of the following:

		Balance as of March 31,				Balance as of December 31,
		2022				2021
		($ in thousands)
Trade receivables			221,425				227,343
Tax receivables			50,596				59,350
Prepayments			24,212				9,342
Other accounts receivable			5,478				11,108
Total			301,711				307,143

The increase in prepayments is primarily due to the timing of insurance payments.

As of March 31, 2022, and December 31, 2021, the fair value of trade and other receivables accounts does not differ significantly from its carrying value.