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Investments in unconsolidated companies (Tables)
6 Months Ended
Jun. 30, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Summarized financial data for unconsolidated companies
Summarized financial data for Belmond’s unconsolidated companies are as follows:
 
 
June 30,
2017
 
December 31,
2016
 
 
$’000
 
$’000
 
 
 
 
 
Current assets
 
81,041

 
96,247

 
 
 
 
 
Property, plant and equipment, net of accumulated depreciation
 
304,493

 
295,662

Other non-current assets
 
29,159

 
29,442

Non-current assets
 
333,652


325,104

 
 
 
 
 
Total assets
 
414,693

 
421,351

 
 
 
 
 
Current liabilities, including $21,476 and $21,021 current portion of third-party debt
 
92,372

 
89,785

 
 
 
 
 
Long-term debt
 
144,607

 
153,876

Other non-current liabilities
 
28,042

 
27,545

Non-current liabilities
 
172,649

 
181,421

 
 
 
 
 
Total shareholders’ equity
 
149,672

 
150,145

 
 
 
 
 
Total liabilities and shareholders’ equity
 
414,693

 
421,351

 
 
Three months ended
 
Six months ended
 
 
June 30,
2017
 
June 30,
2016
 
June 30,
2017
 
June 30,
2016
 
 
$’000
 
$’000
 
$’000
 
$’000
 
 
 
 
 
 
 
 
 
Revenue
 
55,135

 
47,794

 
94,600

 
86,352

 
 
 
 
 
 
 
 
 
Gross profit1
 
39,452

 
32,921

 
64,971

 
58,765

 
 
 
 
 
 
 
 
 
Net earnings2
 
6,721

 
4,287

 
7,548

 
6,091

1 Gross profit is defined as revenues less cost of services of the unconsolidated companies.
2 There were no discontinued operations or cumulative effects of a change in an accounting principle in the unconsolidated companies.