MFC BANCORP LTD. | CIK:0000016859 | 3

  • Filed: 5/8/2018
  • Entity registrant name: MFC BANCORP LTD. (CIK: 0000016859)
  • Generator: Ez-XBRL
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/16859/000114420418026176/0001144204-18-026176-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/16859/000114420418026176/mfcb-20171231.xml
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  • ifrs-full:DisclosureOfInvestmentPropertyExplanatory

    Note 11. Investment Property
    All of the Group’s investment property is located in Europe.
    Changes in investment property included in non-current assets:
       
    2017
       
    2016
     
    Balance, beginning of year
          $    35,663         $    37,873    
    Change in fair value during the year
            (26)           (39)    
    Disposals
            (194)              
    Currency translation adjustments
            2,217           (2,171)    
    Balance, end of year
          $ 37,660         $ 35,663    
     
    The amounts recognized in profit or loss in relation to investment property during the years ended December 31, 2017, 2016 and 2015 are as follows:
    Years ended December 31:
       
    2017
       
    2016
       
    2015
     
    Rental income
          $    1,510         $    1,511         $    1,474    
    Direct operating expenses (including repairs and maintenance) arising from investment property that generated rental income during the year
            256           226           279