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Cash and Cash Equivalents
12 Months Ended
Dec. 31, 2021
Cash And Cash Equivalents [Abstract]  
Cash and Cash Equivalents

10.

CASH AND CASH EQUIVALENTS

 

As of December 31,

 

 

2021

 

2020

 

 

US$’000

 

US$’000

 

Cash on hand and cash at banks

 

44,507

 

 

52,237

 

Bank overdrafts

 

(1,995

)

 

 

Balances per statement of cash flows

 

42,512

 

 

52,237

 

 

Term deposits are presented as cash equivalents if they have a maturity of three months or less from the date of acquisition. Other short-term deposits are presented as other receivables if they are pledged, or if they have a maturity over three months from the date of acquisition.