Exhibit 15.1
Ratios
Liquid financial assets over total assets
|
|
At December 31, |
||
|
Thousands of U.S. dollars |
2023 |
2022 |
2021 |
|
Cash and cash equivalents |
1,637,821 |
1,091,527 |
318,127 |
|
Other current investments |
1,969,631 |
438,448 |
397,849 |
|
Non-current investments |
398,220 |
113,574 |
312,619 |
|
Liquid financial assets |
4,005,672 |
1,643,549 |
1,028,595 |
|
Total assets |
21,081,895 |
17,550,246 |
14,449,431 |
|
Ratio |
0.19 |
0.09 |
0.07 |
Total liabilities to total assets ratio
|
|
At December 31, |
||
|
Thousands of U.S. dollars |
2023 |
2022 |
2021 |
|
Total liabilities |
4,051,458 |
3,515,809 |
2,343,729 |
|
Total assets |
21,081,895 |
17,550,246 |
14,449,431 |
|
Ratio |
0.19 |
0.20 |
0.16 |
Current borrowings to total borrowings
|
|
At December 31, |
||
|
Thousands of U.S. dollars |
2023 |
2022 |
2021 |
|
Current borrowings |
535,133 |
682,329 |
219,501 |
|
Total borrowings |
583,437 |
728,762 |
330,933 |
|
Ratio |
0.92 |
0.94 |
0.66 |