Changes in accounting policies (Tables)

12 Months Ended

Dec. 31, 2019

Changes in accounting policies [Abstract]

Reconciliation of Financial Statement Line Items from IAS 17 to IFRS 16

The following is a reconciliation of the financial statement line items from IAS 17 to IFRS 16 at 1 January 2019:

	Carrying amount at 31 December 2018		Remeasurement			IFRS 16 carrying amount at 1 January 2019
Right-of-use assets	$	-	$	667,230		$	667,230
Short-term leases liabilities		-		(62,895	)		(62,895	)
Long-term lease liabilities		-		(604,335	)		(604,335	)
	$	-	$	-		$	-

Reconciliation of Operating Lease Commitments

The following is a reconciliation of total operating lease commitments at December 31, 2018 (as disclosed in the consolidated financial statements as of 31 December 2018) to the lease liabilities recognized at 1 January 2019:

Total operating lease commitments disclosed at  December 31, 2018	$	933,885
Leases identified in the assessment under IFRS 16		175,324
		1,109,209
Recognition exemption:
Leases with a remaining term of less than 12 months		(12,297	)
Operating lease liabilities before discounting		1,096,912
Discounted using incremental borrowing rate		(429,682	)
Finance lease obligations		667,230
Total lease liabilities recognized under IFRS 16 at January 1, 2019	$	667,230