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Pledged assets (Tables)
 12 Months Ended
Dec. 31, 2020
Pledged assets  
Schedule of pledged assets

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 

 

December 31, 

Pledged assets

    

Pledged to secure

    

2019

    

2020

 

 

 

 

(in thousands)

Restricted cash and time deposit (1)

 

Short-term secured borrowings

 

$

164,000

 

104,000

Restricted time deposits (1)

 

For customs duties

 

 

133

 

141

Land (2)

 

Long-term unsecured borrowings

 

 

 -

 

27,500

Building and improvements (2)

 

Long-term unsecured borrowings

 

 

 -

 

43,616

 

 

 

 

$

164,133

 

175,257

 

Note (1): The pledged assets are booked as restricted deposits and classified as current or noncurrent by its liquidity.

Note (2): Guarantee and collateral for long-term unsecured borrowings.