Trade payables and other current liabilities

9 Months Ended

Sep. 30, 2020

Trade payables and other current liabilities [Abstract]

Trade payables and other current liabilities

Note 17. - Trade payables and other current liabilities

Trade payable and other current liabilities as of September 30, 2020 and December 31, 2019 are as follows:

	Balance as of September 30,		Balance as of December 31,
	2020		2019
	($ in thousands)
Trade accounts payable		45,804		52,062
Down payments from clients		473		565
Liberty (Note 16)		-		41,032
Other accounts payable		29,830		34,403
Total		76,107		128,062

Trade accounts payables mainly relate to the operation and maintenance of the plants.

Nominal values of Trade payables and other current liabilities are considered to approximately equal to fair values and the effect of discounting them is not significant.