XML 38 R24.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

RIGHT-OF-USE ASSETS | 12 Months Ended
--- | ---
Dec. 31, 2023
Disclosure of quantitative information about right-of-use assets [abstract] |
RIGHT-OF-USE ASSETS | RIGHT-OF-USE ASSETS 16(a) Amounts recognized in the consolidated balance sheets
| As of December 31, |  | As of December 31,
| 2023 |  | 2022
Right of use assets | US$’000 |  | US$’000
Land | 2,054 |  |  | 2,211 |
Buildings | 575 |  |  | 935 |
Motor vehicles and other assets | 86 |  |  | 134 |
Office equipment | 110 |  |  | 152 |
| 2,825 |  |  | 3,432 |
Our Company leases various assets including land, buildings, business vehicles and multifunction printers. Rental contracts are typically made for periods of 2 to 37 years. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions. The lease agreements do not impose covenants, but leased assets may not be used as security for borrowing purposes. Additions to the right-of-use assets during the 2023 financial year were $177 (2022: $863). 16(b) Amounts recognized in the consolidated income statements
| 2023 |  | 2022
Depreciation charge of right of use assets | US$’000 |  | US$’000
Land | 208 |  |  | 242 |
Buildings | 456 |  |  | 337 |
Motor vehicles and other assets | 82 |  |  | 65 |
Office equipment | 44 |  |  | 38 |
| 790 |  |  | 682 |
Interest expenses (included in finance cost) | 98 |  |  | 80 |
Expenses relating to short-term leases | 15 |  |  | 11 |
Expenses relating to lease of low-value assets that are not short-term leases | 1 |  |  | 3 |
The total cash outflow for lease in 2023 was $805 (2022: $710).

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of quantitative information about right-of-use assets. [Refer: Right-of-use assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2023-01-01 -Paragraph 53 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2023-en-r&anchor=para_53&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration