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

18. Loans and Borrowings (Tables)

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18. Loans and Borrowings (Tables)
12 Months Ended
Dec. 31, 2017
Loans And Borrowings  
Schedule of loans and borrowings

The book value of loans and borrowings consist of the following:

 

Loans and borrowings   2017     2016     2015  
Non-current                        
Bank loans   $     $ 4,179,528     $ 4,301,125  
Finance lease creditor     17,148,421       16,054,972       16,518,357  
Other loans     997,826       875,816       901,297  
Total non-current     18,146,247       21,110,316       21,720,779  
Current                        
Revolving lines of credit     812,913       711,675       680,075  
Bank loans     1,604,426       1,683,705       1,660,946  
Finance lease creditor     1,131,182       921,634       1,856,354  
Other loans     889,833       889,833       889,833  
Total current     4,438,354       4,206,847       5,087,208  
Total loans and borrowings   $ 22,584,601     $ 25,317,163     $ 26,807,987
Schedule of bank loans by expiry date and rate

The tables below show the detail of bank loans by expiry date and rate. All bank loan contracts provide for floating rates.

 

2017   Floating rate     Total  
             
Expiry within 1 year   $ 1,604,426     $ 1,604,426  
Expiry within 1 and 5 years            
Expiry in more than 5 years            
Total   $ 1,604,426     $ 1,604,426  

 

2016   Floating rate     Total  
             
Expiry within 1 year (current)   $ 1,683,705     $ 1,683,705  
Expiry within 1 and 5 years (non-current)     1,438,478       1,438,478  
Expiry in more than 5 years (non-current)     2,741,050       2,741,050  
Total   $ 5,863,233     $ 5,863,233  

 

2015   Floating rate     Total  
             
Expiry within 1 year (current)   $ 1,660,946     $ 1,660,946  
Expiry within 1 and 5 years (non-current)     1,507,833       1,507,833  
Expiry in more than 5 years (non-current)     2,793,292       2,793,292  
Total   $ 5,962,071     $ 5,962,071  
Schedule of revolving lines of credit

The Group has outstanding balances at December 31, 2017, 2016 and 2015 as follows:

 

2017   Floating rate     Fixed rate     Total  
                   
Expiry within 1 year   $ 408,042     $ 404,871     $ 812,913  
Expiry within 1 and 5 years                  
Expiry in more than 5 years                  
Total   $ 408,042     $ 404,871     $ 812,913  

 

2016   Floating rate     Fixed rate     Total  
                   
Expiry within 1 year (current)   $ 356,309     $ 355,366     $ 711,675  
Expiry within 1 and 5 years (non-current)                  
Expiry in more than 5 years (non-current)                  
Total   $ 356,309     $ 355,366     $ 711,675  

 

2015   Floating rate     Fixed rate     Total  
                   
Expiry within 1 year (current)   $ 318,063     $ 362,012     $ 680,075  
Expiry within 1 and 5 years (non-current)                  
Expiry in more than 5 years (non-current)                  
Total   $ 318,063     $ 362,012     $ 680,075