| Corporate debt |
The breakdown of the corporate debt as of December 31, 2022 and 2021 is as follows:
| |
|
Balance as of December 31,
|
|
|
|
2022
|
|
|
2021
|
|
Non-current
|
|
|
1,000,503
|
|
|
|
995,190
|
|
|
Current
|
|
|
16,697
|
|
|
|
27,881
|
|
|
Total Corporate debt
|
|
|
1,017,200
|
|
|
|
1,023,071
|
|
|
| Repayment schedule for corporate debt |
The repayment schedule for the corporate debt as of December 31, 2022 is as follows:
| |
|
2023
|
|
|
2024
|
|
|
2025
|
|
|
2026
|
|
|
2027
|
|
|
Subsequent
years
|
|
|
Total
|
|
|
2017 Credit Facility
|
|
|
8
|
|
|
|
6,423
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
6,431
|
|
| Revolving Credit Facility |
|
|
112 |
|
|
|
29,387 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
29,499 |
|
|
Commercial Paper
|
|
|
9,937
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
9,937
|
|
|
2020 Green Private Placement
|
|
|
423
|
|
|
|
-
|
|
|
|
-
|
|
|
|
308,389
|
|
|
|
-
|
|
|
|
-
|
|
|
|
308,812
|
|
|
2020 Note Issuance Facility
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
147,257
|
|
|
|
-
|
|
|
|
147,257
|
|
|
Green Exchangeable Notes
|
|
|
2,107
|
|
|
|
-
|
|
|
|
107,055
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
109,162
|
|
|
Green Senior Note
|
|
|
964
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
395,060
|
|
|
|
396,024
|
|
|
Other bank Loans
|
|
|
3,146
|
|
|
|
3,122
|
|
|
|
3,124
|
|
|
|
686
|
|
|
|
-
|
|
|
|
-
|
|
|
|
10,078
|
|
|
Total
|
|
|
16,697
|
|
|
|
38,932
|
|
|
|
110,179
|
|
|
|
309,075
|
|
|
|
147,257
|
|
|
|
395,060
|
|
|
|
1,017,200
|
|
The repayment schedule for the corporate debt as of December 31, 2021 was as follows:
| |
|
2022
|
|
|
2023
|
|
|
2024
|
|
|
2025
|
|
|
2026
|
|
|
Subsequent
years
|
|
|
Total
|
|
|
2017 Credit Facility
|
|
|
5
|
|
|
|
8,199
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
8,204
|
|
|
Commercial Paper
|
|
|
24,422
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
24,422
|
|
|
2020 Green Private Placement
|
|
|
359
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
327,081
|
|
|
|
-
|
|
|
|
327,440
|
|
|
2020 Note Issuance Facility
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
|
155,814
|
|
|
|
155,814
|
|
|
Green Exchangeable Notes
|
|
|
2,121 |
|
|
|
- |
|
|
|
- |
|
|
|
104,289 |
|
|
|
- |
|
|
|
- |
|
|
|
106,410 |
|
|
Green Senior Note
|
|
|
963 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
394,155 |
|
|
|
395,118 |
|
| Bank Loan |
|
|
11
|
|
|
|
1,895
|
|
|
|
1,895
|
|
|
|
1,862
|
|
|
|
-
|
|
|
|
-
|
|
|
|
5,663
|
|
|
Total
|
|
|
27,881
|
|
|
|
10,094
|
|
|
|
1,895
|
|
|
|
106,151
|
|
|
|
327,081
|
|
|
|
549,969
|
|
|
|
1,023,071
|
|
|
| Movement in corporate debt |
The following table details the movement in corporate debt for the years 2022 and 2021, split between cash and non-cash items:
|
Corporate Debt
|
|
2022
|
|
|
2021
|
|
|
Initial balance
|
|
|
1,023,071
|
|
|
|
993,725
|
|
|
Cash changes
|
|
|
(17,945)
|
|
|
|
14,754
|
|
|
Non-cash changes
|
|
|
12,074
|
|
|
|
14,592
|
|
|
Final balance
|
|
|
1,017,200
|
|
|
|
1,023,071
|
|
|