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FINANCIAL INCOME AND EXPENSES
12 Months Ended
Dec. 31, 2018
Disclosure of financial income and expenses [Abstract]  
FINANCIAL INCOME AND EXPENSES
3.
FINANCIAL INCOME AND EXPENSES
 
 
 
December 31, 2018
US$‘000
   
December 31, 2017
US$‘000
   
December 31, 2016
US$‘000
 
Financial income:
                 
Non-cash financial income
   
1,388
     
2,390
     
2,270
 
Interest income
   
736
     
808
     
877
 
 
                       
 
   
2,124
     
3,198
     
3,147
 
 
                       
Financial expense:
                       
Interest on finance leases
   
(39
)
   
(42
)
   
(55
)
Cash interest on exchangeable notes
   
(4,352
)
   
(4,600
)
   
(4,600
)
Non-cash interest on exchangeable notes (Note 24)
   
(689
)
   
(723
)
   
(718
)
Interest on deferred consideration and licence fee
   
-
     
(40
)
   
(66
)
 
                       
 
   
(5,080
)
   
(5,405
)
   
(5,439
)
Net Financing Expense
   
(2,956
)
   
(2,207
)
   
(2,292
)
 
Exchangeable note interest expense and non-cash financial income and expense relate to the exchangeable senior notes issued in 2015. For further information, refer to Note 24. Interest expense in 2016 does not include US$5,000 that has been stated in Note 10 in respect of the discontinued operations in Fiomi.