Exhibit 15.1
Ratios
Liquid financial assets over total assets
|
|
At December 31, |
||
|
Thousands of U.S. dollars |
2022 |
2021 |
2020 |
|
Cash and cash equivalents |
1,091,527 |
318,127 |
584,681 |
|
Other current investments |
438,448 |
397,849 |
872,488 |
|
Bonds and other fixed income |
113,574 |
312,619 |
239,422 |
|
Liquid financial assets |
1,643,549 |
1,028,595 |
1,696,591 |
|
Total assets |
17,550,246 |
14,449,431 |
13,716,189 |
|
Ratio |
0.09 |
0.07 |
0.12 |
Total liabilities to total assets ratio
|
|
At December 31, |
||
|
Thousands of U.S. dollars |
2022 |
2021 |
2020 |
|
Total liabilities |
3,515,809 |
2,343,729 |
2,269,716 |
|
Total assets |
17,550,246 |
14,449,431 |
13,716,189 |
|
Ratio |
0.20 |
0.16 |
0.17 |
Current borrowings to total borrowings
|
|
At December 31, |
||
|
Thousands of U.S. dollars |
2022 |
2021 |
2020 |
|
Current borrowings |
682,329 |
219,501 |
303,268 |
|
Total borrowings |
728,762 |
330,933 |
619,007 |
|
Ratio |
0.94 |
0.66 |
0.49 |