v3.24.0.1
Other operating income and expenses
 12 Months Ended
Dec. 31, 2023
Other operating income and expenses [Abstract]  
Other operating income and expenses
Note 22.- Other operating income and expenses

The table below shows the detail of Other operating income and expenses for the years ended December 31, 2023, 2022 and 2021:

   
For the year ended December 31,
  
Other operating income
  
2023
    
2022
    
2021
  
                   
Grants
    
58,742
      
59,056
      
60,746
  
Insurance proceeds and other
    
35,731
      
21,726
      
13,925
  
Income from construction services for contracted concessional assets of the Company accounted for under IFRIC 12
    
6,614
      
-
      
-
  
Total
    
101,087
      
80,782
      
74,670
  


   
For the year ended December 31,
  
Other operating expenses
  
2023
    
2022
    
2021
  
Raw materials and consumables used
    
(35,380
)
    
(19,639
)
    
(70,690
)
Leases and fees
    
(14,403
)
    
(11,512
)
    
(9,332
)
Operation and maintenance
    
(130,442
)
    
(140,382
)
    
(154,007
)
Independent professional services
    
(30,656
)
    
(38,894
)
    
(39,177
)
Supplies
    
(37,822
)
    
(59,336
)
    
(40,790
)
Insurance
    
(41,087
)
    
(45,756
)
    
(45,429
)
Levies and duties
    
(15,031
)
    
(19,764
)
    
(29,949
)
Other expenses
    
(25,187
)
    
(15,965
)
    
(24,957
)
Construction costs from construction services for contracted concessional assets of the Company accounted for under IFRIC 12
    
(6,614
)
    
-
      
-
  
Total
    
(336,622
)
    
(351,248
)
    
(414,330
)

Grants income mainly relate to ITC cash grants and implicit grants recorded for accounting purposes in relation to the FFB loans with interest rates below market rates in Solana and Mojave projects (Note 17).

Insurance proceeds and other includes $15.3 million of insurance income in 2023 related to an unscheduled outage in Kaxu further to a problem found in the turbine. The Company expects to receive compensation from the insurance company to cover part of the damage and business interruption of the plant. In addition, it includes a gain of $4.6 million related to the sale of part of Atlantica´s equity interest in the Colombian portfolio of renewable energy entities (Note 7).

Income and costs from construction services correspond to the projects ATN Expansion 3 and ATS Expansion 1, which are currently under construction. Given that these projects are included within the scope of IFRIC 12 (intangible assets), the Company has recorded the income and the cost of construction in the consolidated statement of profit or loss (Note 2.3.).

The decrease in other operating expenses in 2023 is primarily due to:


 -
the internalization of the O&M services in the solar assets in Spain during 2022 and 2023. These services are now provided by employees of Atlantica, whose cost is classified within the line “Employee benefit expenses” of the profit and loss statement; and

-
the lower cost of supplies due to lower prices of electricity in the solar assets in Spain in 2023.

The decrease in other operating expenses in 2022, and specifically Raw materials and consumables used, was primarily due to a specific non-recurrent solar project of Rioglass which ended in October 2021.