XML 79 R53.htm IDEA: XBRL DOCUMENT v3.8.0.1
PRINCIPAL SUBSIDIARIES (Tables)
12 Months Ended
Dec. 31, 2017
Interests In Other Entities [Abstract]  
Schedule of subsidiaries
Summarized statement of financial position
 
 
Wassa
 
Bogoso/Prestea
 
 
As of December 31,
 
As of December 31,
 
 
2017
 
2016
 
2017
 
2016
Non-controlling interest percentage
 
10
%
 
10
%
 
10
%
 
10
%
 
 
 
 
 
 
 
 
 
Current assets
 
$
94,760

 
$
90,627

 
$
25,023

 
$
13,957

Current liabilities
 
160,725

 
166,230

 
1,058,732

 
1,011,786

 
 
(65,965
)
 
(75,603
)
 
(1,033,709
)
 
(997,829
)
Non-current assets
 
138,416

 
125,628

 
131,245

 
95,527

Non-current liabilities
 
25,016

 
19,513

 
76,373

 
81,155

 
 
113,400

 
106,115

 
54,872

 
14,372

Net assets/(liabilities)
 
47,435

 
30,512

 
(978,837
)
 
(983,457
)
 
 


 


 


 


Non-controlling interest
 
$
(12,562
)
 
$
(10,870
)
 
$
78,587

 
$
79,083

Summarized income statement
 
 
Wassa
 
Bogoso/Prestea
 
 
For the years ended December 31,
 
For the years ended December 31,
 
 
2017
 
2016
 
2017
 
2016
Revenue
 
$
156,908

 
$
103,991

 
$
138,295

 
$
101,648

Net income/(loss) and comprehensive income/(loss)
 
16,924

 
(5,870
)
 
4,619

 
(15,289
)
Summarized cash flows
 
 
Wassa
 
Bogoso/Prestea
 
 
For the years ended December 31,
 
For the years ended December 31,
 
 
2017
 
2016
 
2017
 
2016
Cash flows provided by/(used in) operating activities
 
27,486

 
16,757

 
3,505

 
(43,190
)
Cash flows used in investing activities
 
(21,744
)
 
(42,189
)
 
(43,616
)
 
(43,244
)
Cash flows provided by financing activities
 
7,468

 
18,376

 
42,078

 
88,330