44. Commitments for expenditure
|
(i) |
Purchase commitments |
As of December 31, 2017, 2016 and 2015, the Group had the following commitments to purchase machinery, equipment and construction obligations. The machinery and equipment is scheduled to be delivered to the Group’s facility by December 31, 2018.
|
|
|
12/31/17 |
|
12/31/16 |
|
12/31/15 |
|
|
|
USD’000 |
|
USD’000 |
|
USD’000 |
|
Commitments for the facility construction |
|
484,468 |
|
239,759 |
|
165,274 |
|
Commitments for the acquisition of property, plant and equipment |
|
476,132 |
|
800,597 |
|
1,146,275 |
|
Commitments for the acquisition of intangible assets |
|
5,596 |
|
5,491 |
|
29,392 |
|
|
|
966,196 |
|
1,045,847 |
|
1,340,941 |
|
(ii) |
Non-cancellable operating leases |
The Group leases certain of its production equipment under operating lease arrangements since 2016. Leases are negotiated for terms ranging from three to five years. Please refer to Note 43 for details.
At December 31, 2017, the Group had total future minimum lease payments under non-cancellable operating leases falling due as follows:
|
|
|
12/31/17 |
|
12/31/16 |
|
|
|
USD’000 |
|
USD’000 |
|
Within one year |
|
91,181 |
|
23,483 |
|
Later than one year but not later than five years |
|
203,684 |
|
45,989 |
|
|
|
294,865 |
|
69,472 |