| Fair value amount of derivative financial instruments |
The breakdowns of the fair value amount of the derivative financial instruments as of December 31, 2022 and 2021 are as follows:
| |
|
Balance as of December 31, 2022
|
|
|
Balance as of December 31, 2021
|
|
| |
|
Assets
|
|
|
Liabilities
|
|
|
Assets
|
|
|
Liabilities
|
|
|
Interest rate cash flow hedge
|
|
|
94,192
|
|
|
|
12,159
|
|
|
|
9,550
|
|
|
|
206,763
|
|
|
Foreign exchange derivatives instruments
|
|
|
3,189
|
|
|
|
-
|
|
|
|
3,410
|
|
|
|
-
|
|
|
Notes conversion option (Note 14)
|
|
|
-
|
|
|
|
4,688
|
|
|
|
-
|
|
|
|
16,690
|
|
|
Total
|
|
|
97,381
|
|
|
|
16,847
|
|
|
|
12,960
|
|
|
|
223,453
|
|
|
| Maturities of notional and fair value amounts of interest rate derivatives designated as cash flow hedges |
The table below shows a breakdown of the maturities of notional amounts of interest rate cash flow hedge derivatives as of December 31, 2022 and
2021.
|
Notionals
|
|
Balance as of December 31, 2022
|
|
|
Balance as of December 31, 2021
|
|
| |
|
Assets
|
|
|
Liabilities
|
|
|
Assets
|
|
|
Liabilities
|
|
|
Up to 1 year
|
|
|
245,147
|
|
|
|
47,029
|
|
|
|
71,386
|
|
|
|
106,191
|
|
|
Between 1 and 2 years
|
|
|
310,393
|
|
|
|
102,476
|
|
|
|
304,930
|
|
|
|
240,197
|
|
|
Between 2 and 3 years
|
|
|
217,498
|
|
|
|
112,855
|
|
|
|
262,973
|
|
|
|
271,350
|
|
|
Subsequent years
|
|
|
659,186
|
|
|
|
280,016
|
|
|
|
217,989
|
|
|
|
860,777
|
|
|
Total
|
|
|
1,432,224
|
|
|
|
542,376
|
|
|
|
857,278
|
|
|
|
1,478,515
|
|
The table below shows a breakdown of the maturity of the fair values of interest rate cash flow hedge derivatives as of December 31, 2022 and 2021:
|
Fair value
|
|
Balance as of December 31, 2022
|
|
|
Balance as of December 31, 2021
|
|
| |
|
Assets
|
|
|
Liabilities
|
|
|
Assets
|
|
|
Liabilities
|
|
|
Up to 1 year
|
|
|
10,868
|
|
|
|
(991
|
)
|
|
|
678
|
|
|
|
(15,039
|
)
|
|
Between 1 and 2 years
|
|
|
17,860
|
|
|
|
(2,189
|
)
|
|
|
1,810
|
|
|
|
(33,670
|
)
|
|
Between 2 and 3 years
|
|
|
12,257
|
|
|
|
(2,851
|
)
|
|
|
2,268
|
|
|
|
(39,834
|
)
|
|
Subsequent years
|
|
|
53,208
|
|
|
|
(6,128
|
)
|
|
|
4,794
|
|
|
|
(118,220
|
)
|
|
Total
|
|
|
94,192
|
|
|
|
(12,159
|
)
|
|
|
9,550
|
|
|
|
(206,763
|
)
|
|