Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.21.2
Leases (Tables)
12 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Summary of supplemental balance sheet information related to leases
The tables below show the changes during the year ended June 30, 2021 and 2020:
 
(US$’000)
  
Operating

lease

right-of-

use assets
 
Initial measurement 
at July 1, 2019
   $ 579  
Amortization of right of use asset
     (184
    
 
 
 
Balance at June 30, 2020
     395  
Amortization of right of use asset
     (193
    
 
 
 
Operating lease
right-of-use
asset at June 30, 2021
   $ 202  
 
(US$’000)
  
Operating

lease

liabilities
 
Initial measurement 
at July 1, 2019
   $ 579  
Principal payments on operating lease liabilities
     (174
    
 
 
 
Operating lease liabilities at June 30, 2020
     405  
Principal payments on operating lease liabilities
     (192
    
 
 
 
Operating lease liabilities at June 30, 2021
     213  
Less:
non-current
portion
      
    
 
 
 
Current portion at June 30, 2021
   $ 213  
    
 
 
 
Summary of maturities of the operating lease liabilities
As of June 30, 2021, the Company’s operating lease has a remaining lease term of 0.96 years and a discount rate of 4.67%. The maturities of the operating lease liabilities are as follows:
 
(US$’000)
  
June 30,
2021
 
2022
     218  
    
 
 
 
Less imputed interest
     (5
    
 
 
 
Present value of operating lease liabilities
   $ 213