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Non-controlling interest (Tables)
9 Months Ended
Sep. 30, 2022
Non-controlling interest.  
Schedule of non controlling interests

    

    

Nine months ended

September 30, 

    

September 30, 

2022

2021

$’000

$’000

Balance at January 1

223,188

 

14,216

NCI arising on business combination

831

 

611

Loss for the period

(9,162)

 

(1,142)

Other comprehensive income

5,969

 

159

Balance at September 30

220,826

 

13,844

Schedule of summarized financial information of subsidiary

Summarized balance sheet

Fiberco Soluções de Infraestrutura S.A.

September 30, 

December 31,

2022

2021*

$’000

    

$’000

Current assets

86,109

103,315

Current liabilities

(33,422)

(19,357)

Current net assets

52,687

83,958

Non-current assets

417,672

386,761

Non-current liabilities

(51,057)

(51,389)

Non-current net assets

366,615

335,372

Net assets

419,302

419,330

Accumulated non-controlling interest at the end of the period

205,478

205,433

Summarized statement of comprehensive income for the reporting period

Fiberco Soluções de Infraestrutura S.A.

Nine months ended

September 30, 

2022

$’000

    

Revenue

41,502

Loss for the period

(15,373)

Other comprehensive income

15,466

Total comprehensive income

93

Loss allocated to non-controlling interest during the period

(7,533)

Summarized statement of cash flows for the reporting period

Fiberco Soluções de Infraestrutura S.A.

Nine months ended

September 30, 

2022

$’000

    

Cash flows generated from operating activities

50,769

Cash flows used in investing activities

(62,921)

Cash flows used in financing activities

(70)

Net decrease in cash and cash equivalents

(12,222)