Trade and other receivables

6 Months Ended

Jun. 30, 2022

Trade and other receivables [Abstract]

Trade and other receivables

Note 12. - Trade and other receivables

Trade and other receivables as of June 30, 2022 and December 31, 2021, consist of the following:

		Balance as of June 30,				Balance as of December 31,
		2022				2021
		($ in thousands)
Trade receivables			209,402				227,343
Tax receivables			50,092				59,350
Prepayments			22,932				9,342
Other accounts receivable			6,418				11,108
Total			288,844				307,143

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

As of June 30, 2022, and December 31, 2021, the fair value of trade and other receivables accounts does not differ significantly from its carrying value.