XML 38 R22.htm IDEA: XBRL DOCUMENT v3.22.1

Investment in associate company

12 Months Ended

Dec. 31, 2021

Investment in associate company [Abstract]

Investment in associate company

Note 16 - Investment in associate company

DHT Holdings, Inc. owns 50% of Goodwood Ship Management Pte. Ltd. and as of December 31, 2021, Goodwood was the technical manager for 24 of the Company’s vessels.

(Dollars in thousands)		2021				2020
Investment in associate company		$	5,406			$	5,233

Details of associate are as follows:

Name of associate		Principal activities		Place of incorporation and business		Effective equity interest
						2021		2020
Goodwood Ship Management Pte. Ltd.		Ship management		Singapore		50%		50%

The following summarizes the share of profit of the associate that is accounted for using the equity method:

(Dollars in thousands)
Company’s share of		2021				2020
Profit after taxation		$	1,278			$	1,193
Other comprehensive income for the year, net of tax		$	(74	)		$	104
Total comprehensive income for the year		$	1,204			$	1,297

X

- Definition

The disclosure of interests in associates. [Refer: Associates [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 12
-IssueDate 2021-01-01
-Paragraph 2
-Subparagraph b
-Clause ii
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_2_b_ii&doctype=Standard
-URIDate 2021-03-24

+ Details

Name:	ifrs-full_DisclosureOfInterestsInAssociatesExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesAbstract
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration