Non-controlling interests (Tables)

9 Months Ended

Sep. 30, 2020

Non-controlling interests

Schedule of non-controlling interests

The Company’s activities in respect of the amounts of the non-controlling interests’ equity for the three and nine months ended September 30, 2020 and 2019, are summarized as follows (figures are in thousands of USD):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Balance at beginning of the period	$	18,603	$	19,525	$	20,250	$	19,037
Net loss attributable to non-controlling interests		(848)		(113)		(1,590)		(688)
Acquisition of the non-controlling interest in USAI		—		—		29		—
Acquisition of the non-controlling interest in Changchun Hualong		—		—		(5)		—
Cumulative effect of accounting change - credit loss		—		—		(102)		—
Dividends declared to non-controlling interest holders of non-wholly owned subsidiaries		—		—		(430)		(333)
Contribution by non-controlling shareholder of Wuhan Hyoseong		—		2,104		—		3,542
Contribution by non-controlling shareholder of Wuhu Hongrun		217		—		217		—
Foreign currency translation adjustment attributable to non-controlling interests		925		(724)		528		(766)
Balance at end of the period	$	18,897	$	20,792	$	18,897	$	20,792