XML 35 R21.htm IDEA: XBRL DOCUMENT v3.21.1

Contract Assets

12 Months Ended

Dec. 31, 2020

Contract Assets [Abstract]

Contract Assets

14. contract ASSETs

14(a) Assets related to contracts with customers

	As of December 31,
	2020			2019
	US$’000			US$’000
Contract assets - current		10,245			4,686

There were no advances received or retentions on SDI service contracts during the financial years ended December 31, 2020 and 2019. As of January 1, 2019, the balance of receivables from contracts with customers amounted to $1,510. The contract assets balance increased as the Company provided more services and transferred more goods ahead of the agreed payment schedules.

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,
	2020			2019
	US$’000			US$’000
Unsatisfied long-term SDI contracts
Expected to be recognized as revenue over 3 years		143,265			156,592

X

- References

No definition available.

+ Details

Name:	ifrs-full_ContractAssetsAbstract
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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 2020-01-01
-Paragraph 128
-Subparagraph a
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2020-en-r&anchor=para_128_a&doctype=Standard
-URIDate 2020-01-01

+ Details

Name:	ifrs-full_DisclosureOfAssetsRecognisedFromCostsToObtainOrFulfilContractsWithCustomersExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration