Trade receivables

12 Months Ended

Dec. 31, 2022

Trade receivables [Abstract]

Trade receivables

7 Trade receivables

Trade receivables as of December 31, 2022 and 2021, are summarized as follows:

	2022			2021
Maritime
Offshore vessels	$	166,703		$	187,742
Parcel tankers		12,604			10,071
Bulk Carrier		33,896			-
Shipping agencies		26,904			7,839
Maritime infrastructure
Shipyard		56,343			59,942
Ports, terminals and logistics
Port services		100			889
Repair of containers		9,970			20,705
Automotive services		795			1,277
Commercial leases		-			66
Warehousing and other businesses
Warehousing		60,040			35,560
Other businesses		1,335			1,267
Total trade receivables		368,690			325,358
Contract assets		128,799			96,023
Allowance for doubtful accounts		(25,975	)		(20,294	)
	$	471,514		$	401,087

All amounts are short-term. The net carrying value of trade accounts receivables is considered a reasonable approximation to fair value.

The activity in the allowance for doubtful accounts is presented below:

	2022			2021
Balance as of January 1	$	20,294		$	21,218
Impairment loss for the period		7,277			199
Receivables written off during the year		(1,596	)		(1,123	)
Balance as of December 31	$	25,975		$	20,294

Note 26 includes disclosures related to credit risk exposures and the analysis related to the allowance for expected credit losses. In 2022 and 2021 the impairment loss was calculated applying the expected credit loss model in accordance with IFRS 9.