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

6. Finance Income and Costs (Tables)

v3.19.1
6. Finance Income and Costs (Tables)
12 Months Ended
Dec. 31, 2018
Analysis of income and expense [abstract]  
Schedule of finance income and costs

The details of finance income and costs on the statements of profit/(loss) and comprehensive profit/(loss) are as follows:

 

Finance income     2018       2017       2016*  
Finance income from variation of fair value on interest rate swap agreements   $     $     $ 18,096  
Other finance income     1,761       9,223       1,521  
Total finance income   $ 1,761     $ 9,223     $ 19,617  

 

Finance costs     2018       2017       2016*  
Finance cost on note payable to underwriters and other debt   $ 2,354,634     $ 2,429,551     $ 2,638,729  
Interest expense of bank loans, revolving line of credit and finance leases     863,511       891,288       1,117,405  
Total finance costs   $ 3,218,145     $ 3,320,839     $ 3,756,134  

  

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