17.	TRADE AND OTHER RECEIVABLES

	December 31, 2024 US$‘000		December 31, 2023 US$‘000
Trade receivables, net of impairment losses		13,416		10,698
Prepayments		1,979		2,036
Contract assets		460		525
Value added tax		42		43
Finance lease receivables		-		119
Consideration due from sale of business (Note 8)		-		373
Other receivables		168		107

		16,065		13,901

Trade receivables are shown net of an impairment losses provision of US$2,286,000 (2023: US$2,324,000) (2022: US$2,691,000) (see Note 27). Prepayments are shown after impairment charges of US$Nil (2023: US$Nil) (2022: US$482,000) (see Note 5).

Long-term contract receivable

(i) Finance lease commitments – Group as lessor

The Group leases instruments as part of its business. Future minimum receivables with non-cancellable terms are as follows:

December 31, 2024

US$‘000

Gross
investment

Unearned
income

Minimum
payments
receivable

Less than one year

Between one and five years (Note 15)

	December 31, 2023 US$‘000
	Gross investment		Unearned income		Minimum payments receivable
Less than one year		170		4		119
Between one and five years (Note 15)		54		3		36

		224		7		155

The Group classified future minimum lease receivables between one and five years of US$Nil (2023: US$36,000) as Other Assets, see Note 15. Under the terms of the lease arrangements, no contingent rents are receivable.

(ii) Operating lease commitments – Group as lessor

The Group leases instruments under operating leases as part of its business.

Future minimum rentals receivable under non-cancellable operating leases are as follows:

	December 31, 2024 US$‘000
	Instruments		Total
Less than one year		1,461		1,461

		1,461		1,461

(ii) Operating lease commitments – Group as lessor

	December 31, 2024 US$‘000
	Instruments		Total
Less than one year		1,995		1,995

		1,995		1,995