Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

4. Depreciation, Bad Debt and Other Provisions

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4. Depreciation, Bad Debt and Other Provisions
12 Months Ended
Dec. 31, 2017
Depreciation Bad Debt And Other Provisions  
Depreciation, Bad Debt and Other Provisions

Note 4 — Depreciation, Bad Debt and Other Provisions

 

Details of depreciation and bad debt provision are as follows:

 

    2017     2016*     2015*  
Depreciation of property and equipment   $ 3,574     $ 3,229     $ 3,160  
Bad debt and other provisions     63,954             9,814  
Total depreciation, bad debt and other provisions   $ 67,528     $ 3,229     $ 12,974  

 

There was no provision for bad debt for the year ended December 31, 2016 due to the Group’s proactive cash collection policy during 2016.

 

*   Restated for discontinued operations (see note 9 — Discontinued Operations)