Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Disclosure of income taxes [Abstract]

Schedule of Detailed Information About Components Of Income Taxes Explanatory

	For the Year Ended December 31,
	2023		2022			2021
	$ Thousands
Current taxes on income
In respect of current year		11,049		39,559			6,892
Deferred tax expense/(income)
Creation and reversal of temporary differences		14,150		(1,579	)		(2,567	)
Total tax expense on income		25,199		37,980			4,325

Schedule of Detailed Information About Reconciliation Between Theoretical Tax Expense Benefit On Pre Tax Income Loss And Actual Income Tax Expenses Explanatory

	For the Year Ended December 31,
	2023			2022			2021
	$ Thousands
(Loss)/Profit from continuing operations before income taxes		(185,749	)		387,639			879,642
Statutory tax rate		17.00	%		17.00	%		17.00	%
Tax computed at the statutory tax rate		(31,577	)		65,899			149,539
(Decrease) increase in tax in respect of:
Elimination of tax calculated in respect of the Group’s share in profit of associated companies		72,258			(45,464	)		(190,539	)
Different tax rate applicable to subsidiaries operating overseas		4,371			6,429			(9,297	)
Income subject to tax at a different tax rate		178			116			-
Non-deductible expenses		(2,826	)		158,811			44,851
Exempt income		(26,862	)		(164,822	)		(23,937	)
Taxes in respect of prior years		522			(739	)		(361	)
Tax in respect of foreign dividend		6,665			18,447			28,172
Share of non-controlling interests in entities transparent for tax purposes		-			(1,082	)		5,528
Tax losses and other tax benefits for the period regarding which deferred taxes were not recorded		608			511			95
Other differences		1,862			(126	)		274
Tax expense on income included in the statement of profit and loss		25,199			37,980			4,325

Schedule of Deferred Tax Assets and Liabilities Recognized

	Property plant and equipment			Carryforward of losses and deductions for tax purposes			Financial instruments			Other*			Total
	$ Thousands
Balance of deferred tax (liability) asset as at January 1, 2022		(127,230	)		112,342			1,260			(83,553	)		(97,181	)
Changes recorded on the statement of profit and loss		(20,103	)		8,116			(235	)		13,801			1,579
Changes recorded in other comprehensive income		-			-			(2,657	)		(4,439	)		(7,096	)
Translation differences		14,615			(4,370	)		(103	)		(147	)		9,995
Balance of deferred tax (liability) asset as at December 31, 2022		(132,718	)		116,088			(1,735	)		(74,338	)		(92,703	)
Changes recorded on the statement of profit and loss		(9,626	)		6,054			24			(10,601	)		(14,149	)
Changes recorded in other comprehensive income		-			-			354			2,851			3,205
Changes recorded from business combinations		(18,468	)		-			-			-			(18,468	)
Translation differences		3,313			(1,364	)		7			(569	)		1,387
Balance of deferred tax (liability) asset as at December 31, 2023		(157,499	)		120,778			(1,350	)		(82,657	)		(120,728	)

* This amount includes deferred tax arising from intangibles, undistributed profits, non-monetary items, associated companies and trade receivables distribution.

Schedule of Detailed Information About Deferred Taxes Are Presented In Statements Of Financial Position Explanatory

	As at December 31,
	2023			2022
	$ Thousands
As part of non-current assets		15,862			6,382
As part of current liabilities		-			(1,285	)
As part of non-current liabilities		(136,590	)		(97,800	)
		(120,728	)		(92,703	)

Schedule of Detailed Information About Tax And Deferred Tax Liabilities Explanatory

	As at December 31,
	2023		2022
	$ Thousands
Losses for tax purposes		130,147		153,907