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Deferred income tax (Tables)
12 Months Ended
Dec. 31, 2024
Deferred income tax  
Schedule of gross movement on the deferred income tax account

Amounts in US$ ‘000

   

2024

   

2023

Deferred income tax as of January 1

(48,143)

(51,180)

Currency translation differences

(519)

107

Income tax expense relating to cash flow hedges recognized in OCI

932

(1,369)

Income statement benefit (charge)

(37,752)

4,299

Deferred income tax as of December 31

(85,482)

(48,143)

Schedule of breakdown and movement of deferred tax assets and liabilities

   

At the

   

   

Currency

   

   

beginning

Charged to

translation

At the end

Amounts in US$ ‘000

of year

net profit

differences

Reclassification

of year

Deferred income tax assets

Difference in depreciation rates and other

13,006

(14,851)

117

(1,728)

Tax losses

2,914

782

(636)

3,060

Total 2024

15,920

(14,069)

(519)

1,332

Total 2023

18,943

(2,574)

107

(556)

15,920

   

   

   

Income tax expense

   

   

At the beginning

Charged to

relating to

At the end

Amounts in US$ ‘000

of year

net profit

cash flow hedges

Reclassification

of year

Deferred income tax liabilities

Difference in depreciation rates and other

(64,063)

(23,683)

932

(86,814)

Total 2024

(64,063)

(23,683)

932

(86,814)

Total 2023

(70,123)

6,873

(1,369)

556

(64,063)