MFC BANCORP LTD. | CIK:0000016859 | 3

  • Filed: 5/8/2018
  • Entity registrant name: MFC BANCORP LTD. (CIK: 0000016859)
  • Generator: Ez-XBRL
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/16859/000114420418026176/0001144204-18-026176-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/16859/000114420418026176/mfcb-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0000016859
  • Open this page in separate window: Click

    • ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory

    Note 17. Account Payables and Accrued Expenses
    As at December 31:
    		    
    2017
    		    
    2016
    		  
    Trade and account payables
    		       $  39,528         $  27,053    
    Value-added, goods and services and other taxes (other than income taxes)
    		         2,559           3,610    
    Compensation
    		         392           1,837    
    Contract liabilities
    		         769           535    
    Deposits from customers
    		         —           1,471    
    Acquisition price payables
    		         —           1,716    
    Sale of shares on behalf of other
    		         —           3,067    
    Provision for guarantee
    		         1,502           —    
    Other
    		         —           5,825    
            $ 44,750         $ 45,114    
     
    Trade payables arise from the Group’s day-to-day trading activities. The Group’s expenses for services and other operational expenses are included in account payables. Generally, these payables and accrual accounts do not bear interest and have a maturity of less than one year.