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Contract Assets (Tables)
 12 Months Ended
Dec. 31, 2018
Contract Assets [Abstract]  
Schedule of Assets Related to Contracts with Customers Assets related to contracts with customers

 

 

As of December 31,

 

 

 

2018

 

2017

 

 

 

US$’000

 

US$’000

 

Uncompleted supply, delivery, and installation (SDI) services contracts

 

 

 

 

 

 

 

Aggregate construction costs incurred

 

 

17,516

 

 

31,778

 

Aggregate net profit recognized

 

 

1,607

 

 

744

 

Less: Progress billings

 

 

(17,663

)

 

(32,360

)

 

 

 

1,460

 

 

162

 

 

 

 

 

 

 

 

 

Presented as:

 

 

 

 

 

 

 

Contract assets - current

 

 

1,460

 

 

—

 

Gross amounts due from customers for contract work-in-progress

 

 

—

 

 

162

 

 

 

 

1,460

 

 

162

 

 
Aggregate Amount of the Transaction Price Allocated to the Unsatisfied Performance Obligations

The following table shows the aggregate amount of the transaction price allocated to the unsatisfied performance obligations. As permitted under the transitional provisions in IFRS 15, the transaction price allocated to (partially) unsatisfied performance obligations as of December 31, 2017 is not disclosed.

 

 

 

As of December 31,

 

 

 

 

2018

 

 

 

 

US$’000

 

Unsatisfied long-term SDI contracts

 

 

 

 

 

Expected to be recognized as revenue within one year

 

 

 

14,922

 

Expected to be recognized as revenue after one year

 

 

 

—

 

 

 

 

 

14,922