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Other financial liabilities (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure of financial liabilities [abstract]  
Schedule of other financial liabilities

Other financial liabilities comprise the following at December 31:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

2018

 

 

Non-

 

 

 

 

 

Non-

 

 

 

 

 

    

Current

    

Current

    

Total

    

Current

    

Current

    

Total

 

 

US$'000

 

US$'000

 

US$'000

 

US$'000

 

US$'000

 

US$'000

Financial loans from government agencies

 

33,557

 

23,382

 

56,939

 

9,325

 

52,524

 

61,849

Derivative financial instruments

 

9,600

 

 —

 

9,600

 

23,463

 

 —

 

23,463

Total

 

43,157

 

23,382

 

66,539

 

32,788

 

52,524

 

85,312

 

Schedule of Derivative financial instruments

 

 

 

 

 

 

    

2019

    

2018

 

 

US$'000

 

US$'000

Derivatives designated as hedging instruments

 

 

 

 

Cross currency swap

 

7,481

 

15,883

 

 

 

 

 

Derivatives not designated as hedging instruments

 

 

 

 

Cross currency swap

 

2,119

 

4,501

Interest rate swaps

 

 —

 

3,079

 

 

9,600

 

23,463

 

Schedule of interest rate swaps

The following interest rate swaps were outstanding at December 31:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

Nominal

 

 

 

Fixed

 

Reference 

 

Fair

 

 

Amount

  

 

  

Interest

    

Floating

  

Value

 

 

US$'000

 

Maturity

 

Rate

 

Interest Rate

 

US$'000

Lease of hydroelectrical installations

 

137,400

 

2022

 

2.05

 

6-month Euribor

 

(3,079)

Total

 

 

 

 

 

 

 

 

 

(3,079)