Segment information (Tables)

12 Months Ended

Dec. 31, 2016

Revenue from external customers by segment:

Reconciliation of the total of segment profit to consolidated net earnings/(losses) from operations:



	2016		2015		2014
Year ended December 31,	$’000		$’000		$’000

Owned hotels:
Europe	67,590		65,416		62,770
North America	28,767		31,622		23,986
Rest of world	33,115		31,295		36,539
Total owned hotels	129,472		128,333		123,295
Owned trains & cruises	3,834		6,741		7,300

Part-owned/managed hotels	6,299		4,993		5,829
Part-owned/managed trains	25,553		18,883		16,165
Total part-owned/managed	31,852		23,876		21,994

Reconciliation to net earnings/(losses):
Total segment profit	165,158		158,950		152,589

Gain on disposal of property, plant and equipment and equity method investments	938		20,275		4,128
Impairment of goodwill	—		(9,796	)	—
Impairment of property, plant and equipment	(1,007	)	—		(1,211	)
Central costs	(31,086	)	(40,123	)	(32,351	)
Share-based compensation	(6,272	)	(6,707	)	(7,928	)
Depreciation and amortization	(52,396	)	(50,513	)	(52,004	)
Gain/(loss) on extinguishment of debt	1,200		—		(14,506	)
Other income	—		—		1,257
Interest income	853		926		1,418
Interest expense	(29,155	)	(32,101	)	(36,767	)
Foreign currency, net	9,186		(5,016	)	2,262
Provision for income taxes	(16,368	)	(17,041	)	(15,542	)
Share of (provision for)/benefit from income taxes of unconsolidated companies	(5,650	)	(1,466	)	702

Earnings from continuing operations	35,401		17,388		2,047
Earnings/(losses) from discontinued operations	1,032		(1,534	)	(3,782	)

Net earnings/(losses)	36,433		15,854		(1,735	)

Reconciliation of assets by segment to total assets:

Carrying value of investment in equity method investees:



	2016	2015
December 31,	$’000	$’000

Eastern & Oriental Express	2,818	2,972
Peru hotels	19,769	18,696
PeruRail	53,652	47,421
Buzios	2,998	2,542
Other	90	93

Total investment in equity method investees	79,327	71,724

Earnings from unconsolidated companies, net of tax:



	2016	2015	2014
Year ended December 31,	$’000	$’000	$’000

Part-owned/managed hotels	1,112	106	1,949
Part-owned/managed trains	9,901	8,969	7,535

Total earnings from unconsolidated companies, net of tax	11,013	9,075	9,484

Reconciliation of capital expenditure to acquire property, plant and equipment by segment:



	2016	2015	2014
Year ended December 31,	$’000	$’000	$’000

Owned hotels:
Europe	11,777	18,648	26,542
North America	9,796	11,881	16,690
Rest of world	19,190	14,168	14,409
Total owned hotels	40,763	44,697	57,641
Owned trains & cruises	12,882	11,415	5,533

Unallocated corporate	1,459	283	280

Total capital expenditure to acquire property, plant and equipment	55,104	56,395	63,454

Revenue from external customers in Belmond's country of domicile and significant countries (based on the location of the property):

Property, plant and equipment at book value in Belmond's country of domicile and significant countries (based on the location of the property):



	2016	2015
December 31,	$’000	$’000

Bermuda	—	—
Italy	294,773	308,035
United Kingdom	48,577	57,443
United States	343,342	346,942
Brazil	73,843	61,773
All other countries	314,141	304,168

Total property, plant and equipment at book value	1,074,676	1,078,361