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Contract Assets

12 Months Ended

Dec. 31, 2019

Contract Assets [Abstract]

Contract Assets

14. contract ASSETs

14(a) Assets related to contracts with customers

	As of December 31,
	2019			2018
	US$’000			US$’000
Contract assets - current		4,686			1,460

There were no advances received or retentions on SDI service contracts during the financial years ended December 31, 2019 and 2018.

The Company mainly conducts its SDI services contract with customers within public sector, and the expected credit loss on contract assets is close to zero.

14(b) Unsatisfied supply, delivery, and installation (SDI) services contracts

The following table shows the aggregate amount of the transaction price allocated to the unsatisfied performance obligations.

	As of December 31,
	2019			2018
	US$’000			US$’000
Unsatisfied long-term SDI contracts
Expected to be recognized as revenue over 3 years		156,592			14,922

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- References

No definition available.

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- Definition

The disclosure of assets recognised from the costs to obtain or fulfil contracts with customers.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 15
-IssueDate 2019-01-01
-Paragraph 128
-Subparagraph a
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2019-en-r&anchor=para_128_a&doctype=Standard
-URIDate 2019-03-27

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