Other Current Assets
 3 Months Ended
Mar. 31, 2014
Other Current Assets [Abstract]  
OTHER CURRRENT ASSETS
5 
OTHER CURRENT ASSETS

Other current assets consist of the following:
 
 
March 31,
  
December 31,
 
  
2014
  
2013
 
  ($’000)  ($’000) 
  
(Unaudited)
     
VAT recoverable
 $54,148  $56,667 
Customs deposits for imported inventories
  6,399   3,680 
Other
  7,647   4,842 
         
  $68,194  $65,189 
 
Management estimates the deductible input VAT using vendor contracts, engineering and other estimates, as well as historical experience. Approximately $2.3 million and $3.0 million were included in non-current assets as of March 31, 2014 and December 31, 2013, respectively.

Customs deposits for imported inventories represent amounts paid to the local customs office in connection with the import of raw materials inventories. Upon approval by the customs authorities, these amounts become refundable by the local tax authority and are reclassified as consumption tax recoverable (Note 4).