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Assets held for sale and discontinued operations (Tables)
12 Months Ended
Dec. 31, 2017
Discontinued Operations and Disposal Groups [Abstract]  
Net assets sold and gain on sale, summarized operating results of discontinued operations and assets and liabilities held for sale
Summarized results of the properties classified as discontinued operations for the years ended December 31, 2017, 2016 and 2015 are as follows: 
 
 
Year ended December 31, 2017
 
 
Ubud Hanging Gardens
 
Porto Cupecoy
 
Total
 
 
$'000
 
$'000
 
$'000
 
 
 
 
 
 
 
Revenue
 

 

 

 
 
 
 
 
 
 
Earnings before tax, gain on sale and impairment
 
100

 
22

 
122

 
 
 
 
 
 
 
Earnings before tax
 
100

 
22

 
122

 
 
 
 
 
 
 
Net earnings from discontinued operations
 
100

 
22

 
122


 
 
Year ended December 31, 2016
 
 
Ubud Hanging Gardens
 
Porto Cupecoy
 
Total
 
 
$'000
 
$'000
 
$'000
 
 
 
 
 
 
 
Revenue
 

 

 

 
 
 
 
 
 
 
Earnings before tax, gain on sale and impairment
 
69

 
963

 
1,032

 
 
 
 
 
 
 
Earnings before tax
 
69

 
963

 
1,032

 
 
 
 
 
 
 
Net earnings from discontinued operations
 
69

 
963

 
1,032

 
 
Year ended December 31, 2015
 
 
Ubud Hanging Gardens
 
Porto Cupecoy
 
Total
 
 
$'000
 
$'000
 
$'000
 
 
 
 
 
 
 
Revenue
 

 

 

 
 
 
 
 
 
 
Losses before tax, gain on sale and impairment
 
(636
)
 
(898
)
 
(1,534
)
 
 
 
 
 
 
 
Losses before tax
 
(636
)
 
(898
)
 
(1,534
)
 
 
 
 
 
 
 
Net losses from discontinued operations
 
(636
)
 
(898
)
 
(1,534
)
The following is a summary of net assets sold and the loss recorded on sale for Belmond Northern Belle:

Year ended December 31,
 
2017
 
 
Northern Belle
 
 
November 2,
2017
 
 
$'000
 
 
 
Property, plant & equipment
 
3,518

Deferred income taxes
 
(379
)
Net working capital
 
110

Net assets
 
3,249

Transfer of foreign currency translation loss
 
690

 
 
3,939

 
 
 
Consideration:
 
 
Cash
 
3,300

Less: Working capital adjustment
 
(94
)
Less: Costs to sell
 
(20
)
 
 
3,186

 
 
 
Loss on sale
 
(753
)