Material Partly-owned Subsidiaries (Tables)

12 Months Ended

Dec. 31, 2018

Material Partly-owned Subsidiaries

Schedule of subsidiaries that has NCI that is material to the Group

Name of Subsidiaries	Principal place of business	Proportion of ownership interest held by NCI	(Loss)/Profit allocated to NCI during the reporting period			Accumulated NCI at the end of reporting period
Held by Reebonz Holding Limited		%	US$’000			US$’000
31 December 2017
Reebonz Korea	Korea	50.8		(122	)		421
31 December 2018
Reebonz Korea	Korea	41.6		63			2,323
Held by Reebonz Korea
31 December 2017
Invitree Co., Ltd	Korea	55.7		(332	)		(1,860	)
31 December 2018
Invitree Co., Ltd	Korea	47.4		(277	)		(2,081	)

Schedule of financial information about subsidiaries with material NCI

	Sub-consolidation of Reebonz Korea
	31/12/2017			31/12/2018
	US$’000			US$’000
Summarized statement of financial position
Current assets		3,204			3,728
Non-current assets		172			155
Goodwill		1,568			1,542
Current liabilities		(6,727	)		(3,020	)
Non-current liabilities		(302	)		(297	)
Total (deficit)/surplus		(2,085	)		2,108
Attributable to NCI, allocated according to changes in equity interest during the year		(1,439	)		242

	Sub-consolidation of Reebonz Korea
	31/12/2017			31/12/2018
	US$’000			US$’000
Summarized statement of comprehensive income
Revenue		21,092			21,841
Loss for the year		(835	)		(416	)
Other comprehensive (loss)/income		(28	)		9
Total comprehensive loss		(863	)		(407	)
Attributable to NCI, allocated according to changes in equity interest during the year		(454	)		(214	)
Summarized cash flow information
Operating		(458	)		(3,543	)
Investing		(10	)		(7	)
Financing		–			3,597
Net (decrease)/increase in cash and cash equivalents		(468	)		47