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INVESTMENT INCOME (Tables)
12 Months Ended
Dec. 31, 2018
INVESTMENT INCOME  
Schedule of investment income

 

 

 

 

 

 

 

 

 

Year ended December 31,

 

    

2016

    

2017

    

2018

 

 

Thousand USD

 

Thousand USD

 

Thousand USD

Interest income

 

83

 

186

 

93

Interest income from amounts due from related parties

 

242

 

259

 

298

Share of profit of associates(Note b)

 

173

 

 —

 

189

Disposal of associates(Note a)

 

 —

 

7,446

 

 —

 

 

498

 

7,891

 

580


(a)

In March 2017, Sky Solar Japan KK entered into a share transfer agreement with Orix Holdings to sell the share interest in OKY Solar 1 K.K and OKY Solar Omut K.K at the consideration of JPY1,068 million (US$9.18 million), which was closed on March 29, 2017 with all consideration paid in cash. The company recorded a gain on disposal of subsidiaries of JPY 837 million (USD 7.4 million).

(b)

Since the Group maintains 30% of the variable returns of 1088526 B.C. Ltd. ("1088526") and 1091187 B.C. Ltd. ("1091187") by 2018 (Note 22), the Group recorded the share of profit of USD 189 thousand in 2018.