|
16. |
PREPAID LAND LEASE PAYMENTS |
|
|
|
2017 |
|
|
2016 |
|
||
|
|
|
US$’000 |
|
|
US$’000 |
|
||
|
Carrying amount as of January 1, |
|
|
1,105 |
|
|
|
1,794 |
|
|
Recognized lease expense during the year |
|
|
(35 |
) |
|
|
(57 |
) |
|
Classified as held for sales |
|
|
— |
|
|
|
(566 |
) |
|
Exchange difference |
|
|
33 |
|
|
|
(66 |
) |
|
Carrying amount as of December 31, |
|
|
1,103 |
|
|
|
1,105 |
|
|
Current portion included in prepayments |
|
|
36 |
|
|
|
35 |
|
|
Non-current portion included in prepaid land lease payments |
|
|
1,067 |
|
|
|
1,070 |
|
The property land is situated in Mainland China and is held under a long-term operating lease for 33 – 50 years.