As of December 31, 2017 and 2016, the Group had the following assets and liabilities in United States dollars:
2017 | 2016 | |||||||
US$(000) | US$(000) | |||||||
Assets | ||||||||
Cash and cash equivalents | 1,157 | 3,371 | ||||||
Trade and other receivables | 7,764 | 5,517 | ||||||
Advances to suppliers for work in progress | 5,534 | 2,733 | ||||||
Assets held for distribution | — | 1,885 | ||||||
14,455 | 13,506 | |||||||
Liabilities | ||||||||
Trade and other payables | (18,274 | ) | (15,224 | ) | ||||
Liabilities held for distribution | — | (379 | ) | |||||
Interest-bearing loans and borrowings | (300,000 | ) | (300,000 | ) | ||||
(318,274 | ) | (315,603 | ) | |||||
(303,819 | ) | (302,097 | ) | |||||
Cross currency swap position | 300,000 | 300,000 | ||||||
Net monetary position | (3,819 | ) | (2,097 | ) |