Summary of significant accounting policies (Tables)

12 Months Ended

Dec. 31, 2017

Accounting Policies [Abstract]

Property, Plant and Equipment

Depreciation expense is computed using the straight-line method over the following estimated useful lives:

Description	Useful lives
Buildings	Up to 60 years and 10% residual value
Trains	Up to 75 years
River cruise ship and canal boats	25 years
Furniture, fixtures and equipment	3 to 25 years
Equipment under capital lease and leasehold improvements	Lesser of initial lease term or economic life

The major classes of property, plant and equipment are as follows:

	2017		2016
December 31,	$’000		$’000
Land and buildings	1,126,496		1,010,362
Machinery and equipment	181,670		179,537
Furniture, fixtures and equipment	263,716		235,098
River cruise ship and canal boats	13,900		18,618
	1,585,782		1,443,615
Less: Accumulated depreciation	(417,738	)	(368,939	)
Total property, plant and equipment, net of accumulated depreciation	1,168,044		1,074,676