Intangible Assets

12 Months Ended

Dec. 31, 2021

Disclosure of intangible assets [text block] [Abstract]

INTANGIBLE ASSETS

14. INTANGIBLE ASSETS

	2021				2020
	Computer software/ licenses	Work in progress	Goodwill	Total	Computer software/ licenses	Work in progress*		Total
	USD ‘000	USD ‘000	USD ‘000	USD ‘000	USD ‘000	USD ‘000		USD ‘000
Cost
Beginning balance	6,584	—	—	6,584	1,191	3,832		5,023
Additions	853	6	41	900	1,423	138		1,561
Transfers	—	—	—	—	3,970	(3,970	)	—
Ending balance	7,437	6	41	7,484	6,584	—		6,584
Amortization and impairment
Beginning balance	1,874	—	—	1,874	1,137	—		1,137
Additions	1,248	—	—	1,248	737	—		737
Impairment loss (note 34)	—	—	41	41
Ending balance	3,122	—	41	3,163	1,874	—		1,874
Net carrying amount	4,315	6	—	4,321	4,710	—		4,710

*        Effective 1 April 2020, the Group has fully implemented a new core insurance system and transferred the work in progress amount to the software and licenses account within intangible assets.