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FINANCE LEASE LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of finance lease liabilities [Abstract]  
Schedule of Carrying Values of Finance Lease Liabilities
Finance leases are secured by the related assets held under the finance lease, and the carrying values of finance lease liabilities at December 31, 2018 are as follows:
 
 
 
December 31, 2018
US$’000
   
December 31, 2017
US$’000
 
Current liabilities
           
Finance lease liabilities
   
436
     
354
 
 
               
 
   
436
     
354
 
 
               
Non-current liabilities
   
526
     
532
 
 
               
Finance lease liabilities
   
526
     
532
 
Schedule of Finance Lease Liabilities Payable
Finance lease liabilities are payable as follows:
 
 
 
December 31, 2018
US$’000
 
 
 
Minimum
lease
payments
   
Interest
   
Principal
 
Less than one year
   
473
     
37
     
436
 
In more than one year, but not more than two
   
271
     
19
     
252
 
In more than two years but not more than five
   
294
     
20
     
274
 
 
                       
 
   
1,038
     
76
     
962
 
 
 
 
December 31, 2017
US$’000
 
 
 
Minimum
lease
payments
   
Interest
   
Principal
 
Less than one year
   
387
     
33
     
354
 
In more than one year, but not more than two
   
381
     
17
     
364
 
In more than two years but not more than five
   
170
     
2
     
168
 
 
                       
 
   
938
     
52
     
886
 
Schedule of Outstanding Interest Bearing Loans and Borrowings
The terms and conditions of outstanding interest bearing loans and borrowings at December 31, 2018 are as follows:
 
Facility
Currency
 
Nominal
interest
rate
   
Year of
maturity
   
Fair
Value
   
Carrying
Value
 
Finance lease liabilities
Euro
   
4.53
%
   
2023
     
648
     
648
 
Finance lease liabilities
USD
   
5.51
%
   
2023
     
314
     
314
 
 
 
                               
Total interest-bearing loans and borrowings
 
                   
962
     
962
 
 
 
The terms and conditions of outstanding interest bearing loans and borrowings at December 31, 2017 were as follows:
 
Facility
Currency
 
Nominal
interest
rate
   
Year of
maturity
   
Fair
Value
   
Carrying
Value
 
Finance lease liabilities
Euro
   
4.54
%
   
2020
     
835
     
835
 
Finance lease liabilities
USD
   
5.51
%
   
2019
     
51
     
51
 
 
 
                               
Total interest-bearing loans and borrowings
 
                   
886
     
886