Other Income/Expenses and Adjustments (Tables)

12 Months Ended

Dec. 31, 2017

7.1

Other operating income

	For the year ended December 31,
	2017		2016		2015
	US$’000		US$’000		US$’000
Gain on disposal of property, plant, and equipment		99		100		41
Gain on disposal of investment property		—		4,466		32
Reversal of allowance for related parties		—		1		16
Gain on disposal of assets classified as held for sale		4,525		—		—
Reversal of allowance for investment properties		—		—		12
Gain on sales of scrap copper		—		569		607
Other operating income – others		460		305		432
Total other operating income		5,084		5,441		1,140

7.2

Other operating expenses

	For the year ended December 31,
	2017		2016		2015
	US$’000		US$’000		US$’000
Allowance for trade receivables for related parties		27		—		—
Allowance for trade receivables		302		279		332
Allowance for other receivable		—		191		—
Allowance for foreseeable loss		276		236		—
Impairment of property, plant, and equipment		223		2,524		—
Loss on disposal of assets classified as held for sale		—		11		—
Other operating expenses – others		81		145		—
Total other operating expenses		909		3,386		332

7.3

Finance costs

	For the year ended December 31,
	2017		2016		2015
	US$’000		US$’000		US$’000
Interest on debts and borrowings		962		958		1,300
Finance charges payable under finance leases and hire purchase contracts		4		4		4
Total interest expenses		966		962		1,304
Banking charges		255		185		243
Total finance costs		1,221		1,147		1,547

7.4

Finance income

7.5

Other income

	For the year ended December 31,
	2017		2016		2015
	US$’000		US$’000		US$’000
Other income		114		—		—
Dividend income		100		96		99
Net gain on financial instruments		—		171		20
Total other income		214		267		119

7.6

Other expenses

	For the year ended December 31,
	2017		2016		2015
	US$’000		US$’000		US$’000
Others		4		94		180
Net loss on financial instruments		332		—		—
Total other expenses		336		94		180

7.7

Depreciation, amortization and lease expense included in the consolidated income statements

	For the year ended December 31,
	2017		2016		2015
	US$’000		US$’000		US$’000
Included in cost of sales:
Depreciation – tangible assets		4,148		4,633		4,720
Amortization – intangible assets		9		7		5
Included in selling expenses:
Depreciation – tangible assets		132		178		167
Included in general and administrative expenses:
Depreciation – tangible assets		657		616		695
Amortization – intangible assets		40		39		31
Amortization – prepaid land lease payment		35		57		59
Depreciation – investment property		35		24		16
Minimum lease payments recognised as an operating lease expense		1,174		823		876
		6,230		6,377		6,569

7.8

Employee benefits expenses

	For the year ended December 31,
	2017		2016		2015
	US$’000		US$’000		US$’000
Included in cost of sales:
Wages and salaries		13,474		13,047		12,575
Labor and health insurance costs		168		146		151
Pension costs		869		854		854
Other employment benefits		817		623		691
Included in selling expenses:
Wages and salaries		3,641		3,604		3,381
Labor and health insurance costs		14		13		14
Pension costs		325		327		291
Other employment benefits		64		52		37
Included in general and administrative expenses:
Wages and salaries		8,364		7,696		8,140
Labor and health insurance costs		219		215		247
Pension costs		656		646		578
Director fees		342		937		745
Other employment benefits		1,119		414		257
Total employee benefits expenses		30,072		28,574		27,961