ESR AR 2019 EN

Notes to the Consolidated Financial Statements 31 December 2019 194 Focused 24. PREPAYMENTS, OTHER RECEIVABLES AND OTHER ASSETS As at 31 December As at 31 December 2019 2018 USD’000 USD’000 Deposits for acquisition 11,678 19,917 Due from related parties 22,827 15,911 Receivable from funds 20,162 99,212 Prepayments on behalf of funds 2,733 46,938 Prepayments to suppliers 8,809 4,355 Dividend receivable 3,292 4,362 Contract assets 4,185 5,048 Deductible value added tax 28,819 4,849 Insurance compensation receivable – 8,617 Other investment at fair value 1,494 – Receivable from disposal of an investment property 13,438 – Other receivable 11,585 15,464 129,022 224,673 The amounts due from related parties are unsecured, interest-free and payable on demand. The financial assets included in the above balances related to receivables for which there was no recent history of default. As at 31 December 2019 and 2018, other receivables of the Group were considered to be of low credit risk and thus the Group has assessed that the ECL for other receivables was immaterial under the 12-month expected credit loss method.