|
|
|
At December 31, |
|
||
|
|
|
2016 |
|
2017 |
|
|
|
|
Thousand USD |
|
Thousand USD |
|
|
Bank borrowings (a) |
|
71,022 |
|
151,648 |
|
|
Other borrowings |
|
88,139 |
|
98,081 |
|
|
|
|
|
|
|
|
|
|
|
159,161 |
|
249,729 |
|
|
|
|
|
|
|
|
|
Secured |
|
150,585 |
|
244,030 |
|
|
Unsecured |
|
8,576 |
|
5,699 |
|
|
|
|
|
|
|
|
|
|
|
159,161 |
|
249,729 |
|
|
|
|
|
|
|
|
|
Variable-rate borrowings |
|
11,162 |
|
95,216 |
|
|
Fixed-rate borrowings |
|
147,999 |
|
154,513 |
|
|
|
|
|
|
|
|
|
|
|
159,161 |
|
249,729 |
|
|
|
|
|
|
|
|
|
(a) |
During the year ended December 31, 2014 and 2015, one of the subsidiary of the Group entered into a series of 15-year loan agreements with total principle of CAD 23.2 million (USD 16.8 million) with bank. The loan agreements specified a variable interest rate equal to 3-month Canadian Dollar Offered Rate (“CDOR”) plus 2.74% - 3.43%. The agreement also includes a fixed rate option, which allows the Group to swap variable to fixed interest rate of 5.75%, 5.50% or 4.50%. |