Investments in unconsolidated companies (Tables)

12 Months Ended

Dec. 31, 2018

Equity Method Investments and Joint Ventures [Abstract]

Summarized financial data for unconsolidated companies

	2018	2017		2016
Year ended December 31,	$’000	$’000		$’000
Revenue	221,599	207,659		191,551
Gross profit (1)	147,825	141,708		135,000
Net earnings (2)	18,614	(20,778	)	21,720

⁽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.

Summarized financial data for Belmond’s unconsolidated companies are as follows:

	2018	2017
December 31,	$’000	$’000
Current assets	88,721	88,119
Property, plant and equipment, net of accumulated depreciation	208,467	228,970
Other non-current assets	57,575	55,605
Non-current assets	266,042	284,575
Total assets	354,763	372,694
Current liabilities, including $20,543 and $24,793 current portion of third-party debt	89,341	101,668
Long-term debt	129,546	143,187
Other non-current liabilities	5,653	7,892
Non-current liabilities	135,199	151,079
Total shareholders’ equity	130,223	119,947
Total liabilities and shareholders’ equity	354,763	372,694