26. Assets classified as held-for-sale
|
|
12/31/17 |
|
12/31/16 |
|
12/31/15 |
|
|
USD’000 |
|
USD’000 |
|
USD’000 |
Assets related to employee’s living quarters |
|
37,471 |
|
50,813 |
|
72,197 |
|
|
|
|
|
|
|
Non-current assets are classified as held-for-sale if their carrying amount will be recovered principally through a sale transaction rather than through continuing use. This condition is regarded as met only when the sale is highly probable and the non-current asset is available for immediate sale in its present condition. Management must be committed to the sale, which should be expected to qualify for recognition as a completed sale within one year from the date of classification.