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Non-controlling interests
12 Months Ended
Dec. 31, 2023
Interest In Other Entities [Abstract]  
Non-controlling interests Non-controlling interests:
Set out below is summarized financial information for each of our subsidiaries that have non-controlling interests. The amounts disclosed are before inter-company eliminations.
As at
Dec 31, 2023Dec 31, 2022
Methanex
Egypt
Waterfront Shipping Limited
TotalMethanex
Egypt
Waterfront Shipping Limited 1
Total
Current assets
$129,320 $154,308 $283,628 $133,499 $180,227 $313,726 
Non-current assets
521,708 791,512 1,313,220 557,484 806,079 1,363,563 
Current liabilities
(123,969)(185,459)(309,428)(56,689)(112,085)(168,774)
Non-current liabilities
(101,810)(718,915)(820,725)(104,101)(744,936)(849,037)
Net assets
425,249 41,446 466,695 530,193 129,285 659,478 
Carrying amount of Methanex non-controlling interests
$214,568 $27,522 $242,090 $251,949 $65,495 $317,444 
 
For the years ended December 31
20232022
Methanex
Egypt
Waterfront Shipping Limited
TotalMethanex
Egypt
Waterfront Shipping Limited 1
Total
Revenue
$258,782 $670,834 $929,616 $212,339 $576,810 $789,149 
Net and total comprehensive income
55,428 129,411 184,839 107,375 67,670 175,045 
Net and total comprehensive income attributable to Methanex non-controlling interests
56,310 53,672 109,982 77,133 31,325 108,458 
Sale of partial interest in non-controlling interests and equity contributions by non-controlling interest
$ $ $ $— $22,545 $22,545 
Distributions made and accrued to non-controlling interests
$(93,696)$(91,640)$(185,336)$(75,996)$(8,718)$(84,714)
 
For the years ended December 31
20232022
Methanex
Egypt
Waterfront Shipping Limited
TotalMethanex
Egypt
Waterfront Shipping Limited 1
Total
Cash flows from operating activities
$131,667 $251,290 $382,957 $226,647 $94,355 $321,002 
Cash flows from (used in) financing activities
(99,490)(300,824)(400,314)(152,806)(52,796)(205,602)
Cash flows from (used in) investing activities
$(5,560)$2,686 $(2,874)$(35,110)$215 $(34,895)
1    On February 1, 2022, we closed the shipping partnership with Mitsui O.S.K. Lines, Ltd. ("MOL") whereby MOL acquired a minority interest in Waterfront Shipping Limited.