Consolidated statement of financial position as at december 31, 2018
(in thousands of USD, except as otherwise stated)
Notes | December 31, 2018 | December 31, 2017 (restated) | |
ASSETS | |||
NON-CURRENT ASSETS: | |||
Property, plant and equipment | 13 | 1,097,213 | 1,280,130 |
Goodwill | 4, 14 | 511,682 | 617,131 |
Mooring rights | 1,885 | 2,577 | |
Investment in joint venture | 15 | 26,555 | 28,549 |
Spare parts | 8,160 | 7,485 | |
Deferred tax assets | 11 | 71,884 | 88,777 |
Other intangible assets | 2,688 | 1,970 | |
Other non-current assets | 19 | 26,276 | 25,520 |
1,746,343 | 2,052,139 | ||
CURRENT ASSETS: | |||
Inventories | 17 | 11,096 | 16,453 |
Advances to suppliers | 10,378 | 13,837 | |
Trade and other receivables, net | 18 | 29,993 | 25,465 |
VAT recoverable and other taxes receivable | 18,346 | 13,533 | |
Income tax receivable | 3,579 | 1,037 | |
Cash and cash equivalents | 20 | 172,865 | 121,528 |
246,257 | 191,853 | ||
TOTAL ASSETS | 1,992,600 | 2,243,992 | |
EQUITY AND LIABILITIES | |||
EQUITY: | |||
Share capital | 21 | 10,471 | 10,471 |
Treasury shares | 21 | (422) | (423) |
Foreign currency translation reserve | (581,781) | (425,688) | |
Retained earnings | 1,294,292 | 1,248,040 | |
Equity attributable to shareholders of the parent company | 722,560 | 832,400 | |
Non-controlling interests | 16 | 9,444 | 10,404 |
TOTAL EQUITY | 732,004 | 842,804 | |
NON-CURRENT LIABILITIES: | |||
Long-term debt | 22 | 803,624 | 990,581 |
Obligations under finance leases | 23 | 9,751 | 65 |
Defined benefit obligation | 5,841 | 6,920 | |
Deferred tax liabilities | 11 | 116,710 | 141,233 |
Other non-current liabilities | 3,323 | 4,623 | |
939,249 | 1,143,422 | ||
CURRENT LIABILITIES: | |||
Current portion of long-term debt and short-term borrowing | 22 | 200,299 | 202,623 |
Current portion of obligations under finance leases | 23 | 3,368 | 3,156 |
Trade and other payables | 24 | 9,131 | 12,099 |
Advances received from customers | 15,027 | 12,463 | |
Taxes payable, excluding income tax | 4,223 | 3,915 | |
Income tax payable | 4,640 | 7,085 | |
Accrued expenses | 25 | 84,659 | 16,425 |
321,347 | 257,766 | ||
TOTAL EQUITY AND LIABILITIES | 1,992,600 | 2,243,992 |