Consolidated balance sheet as at 31 December 2021

(in thousands of US dollars)	Note	As at 31 December
(in thousands of US dollars)	Note	2021	2020
Assets
Non-current assets		1,058,899	1,059,995
Property, plant and equipment	‎14	426,427	417,481
Right-of-use assets	‎23	525,161	530,362
Intangible assets	‎15	11,697	12,060
Investments in joint ventures	‎27‎(a)	19,873	23,383
Prepayments for property, plant and equipment	‎14	3,915	2,842
Deferred tax assets	‎25	58,190	50,788
Derivative financial instruments	‎24	–	9,572
Trade and other receivables	‎19	13,636	13,507
Current assets		384,569	267,174
Inventories	‎18	8,237	7,127
Derivative financial instruments	‎24	5,465	627
Trade and other receivables	‎19	69,375	48,882
Income tax receivable		4,835	3,570
Cash and cash equivalents	‎20	296,657	206,968
Total assets		1,443,468	1,327,169
Equity and liabilities
Total equity		499,391	361,378
Equity attributable to the owners of the Company		480,116	345,497
Share capital	‎21	57,317	57,317
Share premium	‎21	923,511	923,511
Capital contribution		101,300	101,300
Currency translation reserve		(836,468)	(830,686)
Transactions with non-controlling interest		(209,122)	(209,122)
Retained earnings		443,578	303,177
Non-controlling interest	‎27‎(b)	19,275	15,881
Total liabilities		944,077	965,791
Non-current liabilities		691,627	786,791
Borrowings	‎22	536,110	632,925
Lease liabilities	‎23	36,725	31,088
Trade and other payables	‎26	1,732	-
Deferred tax liabilities	‎25	117,060	122,778
Current liabilities		252,450	179,000
Borrowings	‎22	211,816	153,276
Lease liabilities	‎23	3,439	1,810
Trade and other payables	‎26	36,705	23,540
Current income tax liabilities		490	374
Total equity and liabilities		1,443,468	1,327,169

The Board of Directors of Global Ports Investments Plc approved and authorised these consolidated financial statements for issue on 02 March 2022.

Soren Jakobsen, Director

Britta Dalunde, Director

The notes are an integral part of these consolidated financial statements.