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SEC Filings

20-F
SPI ENERGY CO., LTD. filed this Form 20-F on 10/27/2017
Entire Document
 

Table of Contents

 

5.             Inventories

 

Inventories consisted of the following:

 

 

 

December 31,

 

December 31,

 

 

 

2016

 

2015

 

Raw materials

 

 

1,740

 

Goods in Transit

 

631

 

3,354

 

Finished goods

 

$

11,635

 

$

22,151

 

Total

 

$

12,266

 

$

27,245

 

 

In 2016, 2015 and 2014, inventories were written down by $806, $2,493 and nil, respectively, to reflect the lower of cost or market price.

 

6.             Project Assets

 

As of December 31, 2016, project assets, current and non-current, mainly consist of the SEF development across U.S.A., United Kingdom, Japan and the PRC, with the amount of $41,300 (2015: $41,326), $1,054 (2015: $9,193), $5,496 (2015: $21,132) and $9,879 (2015: $24,075) respectively.

 

Project assets consist of the following:

 

 

 

December 31,

 

December 31,

 

 

 

2016

 

2015

 

Under development-Company as project owner

 

$

48,605

 

$

72,405

 

Under development-Company expected to be project owner upon the completion of construction*

 

9,124

 

23,321

 

Total project assets

 

57,729

 

95,726

 

Current, net of impairment loss

 

$

27,980

 

$

35,355

 

Noncurrent

 

$

29,749

 

$

60,371

 

 


* All of the projects costs under this category were recorded as project assets, noncurrent.

 

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