XML 36 R27.htm IDEA: XBRL DOCUMENT

Restricted cash

6 Months Ended

Jun. 30, 2017

Cash and Cash Equivalents [Abstract]

The major balances in restricted cash are as follows:



	June 30, 2017	December 31, 2016
	$’000	$’000

Cash deposits required to be held with lending banks as collateral	1,011	755
Funds held in escrow	367	—
Prepaid customer deposits which will be released to Belmond under its revenue recognition policy	9,640	1,341
Bonds and guarantees	346	489

Total restricted cash	11,364	2,585

Restricted cash classified as long-term and included in other assets on the condensed consolidated balance sheets at June 30, 2017 was $1,011,000 (December 31, 2016 - $755,000).

- Definition

The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify.

+ References + Details