Investment Properties (Tables)

12 Months Ended

Dec. 31, 2017

The net book value of investment properties as of December 31, 2016 and 2015 was as follow:

	Land not being used for operation		Office buildings for rent			Total
	US$’000		US$’000			US$’000
As of December 31, 2017
Cost		429		712			1,141
Less: Accumulated depreciation		—		(378	)		(378	)
Net book value		429		334			763

	Land not being used for operation		Office buildings for rent			Total
	US$’000		US$’000			US$’000
As of December 31, 2016
Cost		309		659			968
Less: Accumulated depreciation		—		(315	)		(315	)
Net book value		309		344			653

A reconciliation of the net book value of investment properties was as follow:

	2017			2016
	US$’000			US$’000
Net book value at January 1		653			667
Depreciation (included in administrative expenses)		(35	)		(24	)
Addition		84			—
Disposals		—			(229	)
Transfer from property plant and equipment		—			240
Exchange difference		61			(1	)
Net book value at December 31		763			653

17.	INVESTMENT PROPERTIES (continued)

The amount recognized in profit arising from the investment properties for the years ended December 31, 2017, 2016 and 2015 was as follow:

	2017			2016			2015
	US$’000			US$’000			US$’000
Rental income derived from investment properties		68			36			16
Direct operating expenses (including repairs and maintenance) generating rental income		(1	)		(1	)		(1	)
Direct operating expenses (including repairs and maintenance) that did not generate rental income		(1	)		(1	)		(1	)
Net profit arising from investment properties carried at cost		66			34			14

The fair value of the investment properties are stated below:

	As of December 31,
	2017		2016
	US$’000		US$’000
Land not being used for operation		9,548		8,851
Office building for rent		1,303		924