Financial information by segment (Tables)

6 Months Ended

Jun. 30, 2018

Financial information by segment [Abstract]

Revenues and Further Adjusted EBITDA, assets and liabilities by operating segments and business sectors

The following tables show Revenues and Further Adjusted EBITDA by operating segments and business sectors for the six-month periods ended June 30, 2018 and 2017:

	Revenue				Further Adjusted EBITDA
	For the six-month period ended June 30,				For the six-month period ended June 30,
	($ in thousands)
Geography	2018		2017		2018		2017
North America		172,315		170,457		154,659		151,786
South America		59,881		58,688		49,247		58,615
EMEA		280,917		254,070		235,450		179,326
Total		513,113		483,215		439,356		389,727

	Revenue				Further Adjusted EBITDA
	For the six-month period ended June 30,				For the six-month period ended June 30,
	($ in thousands)
Business sector	2018		2017		2018		2017
Renewable energy		392,213		363,603		345,386		279,263
Efficient natural gas		61,437		59,414		46,982		52,842
Electric transmission lines		47,903		47,617		40,300		49,832
Water		11,560		12,581		6,688		7,790
Total		513,113		483,215		439,356		389,727

The reconciliation of segment Further Adjusted EBITDA with the profit/(loss) attributable to the Company is as follows:

	For the six-month period ended June 30, ($ in thousands)
	2018			2017
Profit/(Loss) attributable to the Company	$	67,350			12,613
(Loss)/Profit attributable to non-controlling interests		5,825			1,564
Income tax		31,019			12,848
Share of (profits)/losses of associates		(2,909	)		(2,076	)
Dividend from exchangeable preferred equity investment in ACBH (see Note 19)		-			10,383
Financial expense, net		177,774			198,684
Depreciation, amortization, and impairment charges		160,297			155,711

Total segment Further Adjusted EBITDA	$	439,356			389,727

Assets and liabilities by geography

The assets and liabilities by operating segments (and business sector) as of June 30, 2018 and December 31, 2017 are as follows:

Assets and liabilities by geography as of June 30, 2018:

	North America		South America		EMEA		Balance as of June 30, 2018
Assets allocated
Contracted concessional assets		3,600,231		1,091,274		4,044,863		8,736,368
Investments carried under the equity method		-		-		53,002		53,002
Current financial investments		118,344		62,020		34,014		214,378
Cash and cash equivalents (project companies)		161,906		41,920		301,115		504,941
Subtotal allocated		3,880,481		1,195,214		4,432,994		9,508,689
Unallocated assets
Other non-current assets								216,771
Other current assets (including cash and cash equivalents at holding company level)								431,816
Subtotal unallocated								648,587
Total assets								10,157,276

	North America		South America		EMEA		Balance as of June 30, 2018
Liabilities allocated
Long-term and short-term project debt		1,755,091		860,051		2,603,678		5,218,820
Grants and other liabilities		1,564,805		5,194		92,380		1,662,379
Subtotal allocated		3,319,896		865,245		2,696,058		6,881,199
Unallocated liabilities
Long-term and short-term corporate debt								639,041
Other non-current liabilities								591,456
Other current liabilities								181,346
Subtotal unallocated								1,411,843
Total liabilities								8,293,042
Equity unallocated								1,864,234
Total liabilities and equity unallocated								3,276,077
Total liabilities and equity								10,157,276

Assets and liabilities by geography as of December 31, 2017:

	North America		South America		EMEA		Balance as of December 31, 2017
Assets allocated
Contracted concessional assets		3,770,169		1,100,778		4,213,323		9,084,270
Investments carried under the equity method		-		-		55,784		55,784
Current financial investments		116,451		59,831		31,263		207,545
Cash and cash equivalents (project companies)		149,236		42,548		329,078		520,862
Subtotal allocated		4,035,856		1,203,157		4,629,448		9,868,461
Unallocated assets
Other non-current assets								210,378
Other current assets (including cash and cash equivalents at holding company level)								413,500
Subtotal unallocated								623,878
Total assets								10,492,339

	North America		South America		EMEA		Balance as of December 31, 2017
Liabilities allocated
Long-term and short-term project debt		1,821,102		876,063		2,778,043		5,475,208
Grants and other liabilities		1,593,048		810		42,202		1,636,060
Subtotal allocated		3,414,150		876,873		2,820,245		7,111,268
Unallocated liabilities
Long-term and short-term corporate debt								643,083
Other non-current liabilities								657,345
Other current liabilities								185,190
Subtotal unallocated								1,485,618
Total liabilities								8,596,886
Equity unallocated								1,895,453
Total liabilities and equity unallocated								3,381,071
Total liabilities and equity								10,492,339

Assets and liabilities by business sector

Assets and liabilities by business sector as of June 30, 2018;

	Renewable energy		Efficient natural gas		Electric transmission lines		Water		Balance as of June 30, 2018
	($ in thousands)
Assets allocated
Contracted concessional assets		7,165,843		606,883		876,477		87,165		8,736,368
Investments carried under the equity method		12,088		-		-		40,914		53,002
Current financial investments		20,478		118,323		61,117		14,460		214,378
Cash and cash equivalents (project companies)		455,421		26,560		14,712		8,248		504,941
Subtotal allocated		7,653,830		751,766		952,306		150,787		9,508,689
Unallocated assets
Other non-current assets										216,771
Other current assets (including cash and cash equivalents at holding company level)										431,816
Subtotal unallocated										648,587
Total assets										10,157,276

	Renewable energy		Efficient natural gas		Electric transmission lines		Water		Balance as of June 30, 2018
	($ in thousands)
Liabilities allocated
Long-term and short-term project debt		3,958,261		548,223		680,398		31,938		5,218,820
Grants and other liabilities		1,659,756		788		1,032		803		1,662,379
Subtotal allocated		5,618,017		549,011		681,430		32,741		6,881,199
Unallocated liabilities
Long-term and short-term corporate debt										639,041
Other non-current liabilities										591,456
Other current liabilities										181,346
Subtotal unallocated										1,411,843
Total liabilities										8,293,042
Equity unallocated										1,864,234
Total liabilities and equity unallocated										3,276,077
Total liabilities and equity										10,157,276

Assets and liabilities by business sector as of December 31, 2017;

	Renewable energy		Efficient natural gas		Electric transmission lines		Water		Balance as of December 31, 2017
Assets allocated
Contracted concessional assets		7,436,362		660,387		897,269		90,252		9,084,270
Investments carried under the equity method		12,419		-		-		43,365		55,784
Current financial investments		17,249		116,430		59,289		14,577		207,545
Cash and cash equivalents (project companies)		452,792		39,064		15,325		13,681		520,862
Subtotal allocated		7,918,822		815,881		971,883		161,875		9,868,461
Unallocated assets
Other non-current assets										210,378
Other current assets (including cash and cash equivalents at holding company level)										413,500
Subtotal unallocated										623,878
Total assets										10,492,339

	Renewable energy		Efficient natural gas		Electric transmission lines		Water		Balance as of December 31, 2017
Liabilities allocated
Long-term and short-term project debt		4,162,596		579,173		698,346		35,093		5,475,208
Grants and other liabilities		1,635,508		552		-		-		1,636,060
Subtotal allocated		5,798,104		579,725		698,346		35,093		7,111,268
Unallocated liabilities
Long-term and short-term corporate debt										643,083
Other non-current liabilities										657,345
Other current liabilities										185,190
Subtotal unallocated										1,485,618
Total liabilities										8,596,886
Equity unallocated										1,895,453
Total liabilities and equity unallocated										3,381,071
Total liabilities and equity										10,492,339

Depreciation, amortization and impairment charges recognized

The amount of depreciation, amortization and impairment charges recognized for the six-month periods ended June 30, 2018 and 2017 are as follows:

	For the six-month period ended June 30,
Depreciation, amortization and impairment by geography	2018			2017
	($ in thousands)
North America		(59,638	)		(64,276	)
South America		(21,056	)		(20,246	)
EMEA		(79,603	)		(71,189	)
Total		(160,297	)		(155,711	)

	For the six-month period ended June 30,
Depreciation, amortization and impairment by business sector	2018			2017
	($ in thousands)
Renewable energy		(140,491	)		(141,538	)
Electric transmission lines		(14,608	)		(14,173	)
Efficient natural gas		(5,198	)		-
Total		(160,297	)		(155,711	)