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Cash and cash equivalents
12 Months Ended
Dec. 31, 2022
Cash and cash equivalents.  
Cash and cash equivalents

20.Cash and cash equivalents

2022

2021

    

$’000

$'000

    

Cash at bank

514,078

916,488

 

Cash and cash equivalents

514,078

916,488

 

The credit ratings of the Group’s principal banking partners at December 31, 2022 and 2021 based on publicly reported Fitch ratings as shown below. The Group regularly monitors its credit risk with banking partners and did not incur any losses during 2022 and 2021 as a result of bank failures.

2022

2021

    

$’000

$'000

    

Cash and cash equivalents

 

  

  

 

AAA (F1+)

 

20,916

127,781

 

A+

 

22,790

 

A (F1)

 

244,483

628,033

 

BBB+

 

506

 

BBB

3,143

BBB-

 

115

162

 

B

 

217,335

157,277

 

B-

 

7,242

 

C

67

Not rated

 

691

25

 

514,078

916,488