RECONCILIATION OF LIABILITIES ARISING FROM FINANCING ACTIVITIES

12 Months Ended

Dec. 31, 2019

Disclosure of reconciliation of liabilities arising from financing activities [abstract]

RECONCILIATION OF LIABILITIES ARISING FROM FINANCING ACTIVITIES

30. RECONCILIATION OF LIABILITIES ARISING FROM FINANCING ACTIVITIES

The changes in the Group’s liabilities arising from financing activities can be classified as follows:

	Note		Borrowings & derivative financial instruments US$’000			Lease liabilities US$’000
Balance at 1 January 2019		25,26		81,620			962
Cash-flows:
Interest paid				(3,996	)		—
Repayment				—			(3,533	)
Non-cash:
Interest charged				3,996			—
Adoption of IFRS 16 (Note 13)				—			21,185
Additions (related to Right of Use assets)				—			679
Exchange adjustment				—			(91	)
Accretion interest				639			947
Fair value				(234	)		—
Balance at 31 December 2019		25,26		82,025			20,149

	Note		Borrowings & derivative financial instruments US$’000			Lease liabilities US$’000
Balance at 1 January 2018		25,26		95,185			886
Cash-flows:
Interest paid				(4,503	)		—
Repurchase				(12,042	)		—
Repayment.				—			(374	)
Proceeds				—			481
Non-cash:
Interest charged				4,352			—
Reduction in accrued interest payable				150			—
Exchange adjustment				—			(31	)
Accretion interest				689			—
Fair value				(2,211	)		—
Balance at 31 December 2018		25,26		81,620			962