PRIME ACQUISITION CORP | CIK:0001485922 | 3

  • Filed: 5/2/2018
  • Entity registrant name: PRIME ACQUISITION CORP (CIK: 0001485922)
  • Generator: Novaworks Software
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1485922/000168316818001159/0001683168-18-001159-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1485922/000168316818001159/pacqf-20171231.xml
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  • ifrs-full:DisclosureOfDetailedInformationAboutBorrowingsExplanatory

    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