v2.4.0.6

PROVISION FOR WARRANTY

9 Months Ended

Dec. 31, 2011

Provision For Warranty Disclosure [Abstract]

Provision For Warranty Disclosure [Text Block]

16. PROVISION FOR WARRANTY

Estimated warranty costs are recognized at the time when the Company sells its products and are included in sale, marketing and distribution expenses. The Company uses historical failure rates and costs to repair product defects during the warranty period to estimate warranty costs while are reviewed periodically in light of actual experience. The reconciliation of the changes in the warranty obligation is as follows:

		Three months ended December 31,								Nine months ended December 31,
		2011				2010				2011				2010
		US$’000				US$’000				US$’000				US$’000
Beginning balance			322				469				301				226
Exchange realignment			-				1				8				6
Accrual for warranties issued during the period			232				282				457				836
Settlement made during the period			(363	)			(431	)			(575	)			(747	)
Closing balance			191				321				191				321

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- Definition

Disclosure relating to provision for warranty. Estimated warranty costs are recognized at the time when the Company sells its products and are included in sale, marketing and distribution expenses.

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No definition available.

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