DEFERRED TAX ASSETS AND LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure of deferred tax assets and liabilities [Abstract]

Schedule of Deferred Tax Assets and Liabilities

	Assets				Liabilities						Net
	2021 US$’000		2020 US$’000		2021 US$’000			2020 US$’000			2021 US$’000			2020 US$’000
Property, plant and equipment		477		733		(11	)		(9	)		466			724
Intangible assets		-		-		(3,969	)		(4,072	)		(3,969	)		(4,072	)
Inventories		620		750		-			-			620			750
Provisions		1,871		2,159		-			-			1,871			2,159
Tax value of loss carry-forwards		1,016		433		-			-			1,016			433
Other items		117		110		(878	)		(824	)		(761	)		(714	)
Deferred tax assets/(liabilities)		4,101		4,185		(4,858	)		(4,905	)		(757	)		(720	)

Schedule of Unrecognised Deferred Tax Liabilities

	Balance January, 1 2021			Recognised in income			Balance December 31, 2021
	US$’000			US$’000			US$’000
Property, plant and equipment		724			(258	)		466
Intangible assets		(4,072	)		103			(3,969	)
Inventories		750			(130	)		620
Provisions		2,159			(288	)		1,871
Tax value of loss carry-forwards		433			583			1,016
Other items		(714	)		(47	)		(761	)
		(720	)		(37	)		(757	)

	Balance January, 1 2020			Recognised in income			Balance December 31, 2020
	US$’000			US$’000			US$’000
Property, plant and equipment		1,018			(294	)		724
Intangible assets		(6,099	)		2,027			(4,072	)
Inventories		642			108			750
Provisions		3,622			(1,463	)		2,159
Tax value of loss carry-forwards		216			217			433
Other items		(286	)		(428	)		(714	)
		(887	)		167			(720	)

Schedule of Deferred Tax Assets Not Recognised

	December 31, 2021		December 31, 2020
	US$’000		US$’000
Capital losses		8,293		8,293
Net operating losses		73,893		85,198
US alternative minimum tax credits		1,704		1,848
Other temporary timing differences		21,301		21,878
US state credit carry-forwards		1,664		802
		106,855		118,019