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Significant acquisitions (Tables)
12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The estimated fair values are final and no further adjustments will be made to the identified assets and liabilities.

 
 
Fair value on
February 7, 2018
 
 
$'000
Consideration:
 
 
 
 
 
Agreed cash consideration
 
46,934

Contingent consideration
 
1,226

Total purchase price
 
48,160

 
 
 
Assets acquired and liabilities assumed:
 
 
 
 
 
Cash and cash equivalents
 
1,530

Other receivables
 
2,319

Current assets
 
1,355

Property, plant and equipment - hotel land and buildings
 
22,555

Property, plant and equipment - land plots
 
22,554

Other intangible assets
 
2,676

Current liabilities
 
(1,595
)
Accrued liabilities
 
(2,137
)
Deferred revenue
 
(1,261
)
Goodwill
 
164

Net assets acquired
 
48,160

The estimated fair values are final and no further adjustments will be made to the identified assets and liabilities.
 
 
Fair value on May 26, 2017
 
 
$'000
Consideration:
 
 
 
 
 
Agreed cash consideration
 
70,759

Less: Working capital adjustment
 
(2,107
)
Total purchase price
 
68,652

 
 
 
Assets acquired and liabilities assumed:
 
 
 
 
 
Cash and cash equivalents
 
20

Accounts receivable
 
112

Prepaid expenses and other
 
45

Inventories
 
108

Property, plant and equipment
 
59,159

Other intangible assets
 
6,100

Accounts payable
 
(595
)
Accrued liabilities
 
(360
)
Deferred revenue
 
(1,437
)
Goodwill
 
5,500

Net assets acquired
 
68,652

Business Acquisition, Pro Forma Information
The following table presents information for Belmond Cap Juluca included in the Company’s statements of consolidated operations from the acquisition date to the period ending December 31, 2017:
 
 
2017
 
 
$'000
 
 
 
Revenue
 
2,435

Losses from continuing operations
 
(16,681
)
The following table presents information for Castello di Casole included in the Company’s statements of consolidated operations from the acquisition date to the period ending December 31, 2018:

 
 
2018

 
 
$'000

 
 
 
Revenue
 
8,780

Earnings from continuing operations
 
3,760