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Cash and cash equivalents
12 Months Ended
Dec. 31, 2021
Cash and cash equivalents.  
Cash and cash equivalents

20.Cash and cash equivalents

2021

2020

    

$’000

$'000

    

Cash at bank

916,488

585,416

 

Cash and cash equivalents

916,488

585,416

 

The credit ratings of the Group’s principal banking partners at December 31, 2021 and 2020 based on publicly reported Fitch ratings as shown below. The Group regularly monitors its credit risk with banking partners and did not incur any losses during 2021 and 2020 as a result of bank failures.

2021

2020

    

$’000

$'000

    

Cash and cash equivalents

 

  

  

 

AAA (F1+)

 

127,781

15,413

 

AA+

 

9,407

 

AA

 

115,810

 

A+

 

30,576

 

A (F1)

 

628,033

216,700

 

A-

 

25,559

 

BBB+

 

6,349

 

BBB

3,143

BBB-

 

162

25

 

BB

 

6,663

 

BB-

 

18,469

 

B+

 

2,809

 

B

 

157,277

46,757

 

B-

 

90,564

 

C

67

Not rated

 

25

315

 

916,488

585,416