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Property, Plant and Equipment
 12 Months Ended
Mar. 31, 2016
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

8. Property, Plant and Equipment

 

Property, plant and equipment consist of the following:

   March 31,
   2015  2016
At cost:          
Leasehold land and buildings  $33,715   $31,927 
Plant and machinery   45,676    41,062 
Furniture, fixtures and equipment   12,230    11,734 
Motor vehicles   1,600    1,369 
Leasehold improvements   2,855    2,510 
Impairment   (4,779)   (3,467)
    91,297    85,135 
Less: accumulated depreciation and amortization   (54,699)   (52,783)
Net book value  $36,598   $32,352 

 

Included in furniture, fixtures and equipment is computer software with net values of $106 and $57 as of March 31, 2015 and 2016, respectively.

 

Cost of leasehold land and buildings consist of the following:

         March 31,
   2015  2016
Land use right of state-owned land and buildings erected thereon (a)  $29,534   $27,771 
Long term leased land and buildings erected thereon (b)   4,181    4,156 
   $33,715   $31,927 
           

 

(a)The land use rights of state-owned land and buildings erected thereon represent land and buildings located in the PRC on which an upfront lump-sum payment has been made for the right to use the land and building with lease terms of 50 years expiring in 2050.

 

(b)Long term leased land and buildings erected thereon represent land and buildings on collectively-owned land located in the PRC on which an upfront lump-sum payment has been made for the right to use the land and building for a term of 50 years to 2053. Dongguan Chang An Xiaobian District Co-operation, the lessor, is the entity to whom the collectively-owned land has been granted. According to existing PRC laws and regulations, collectively-owned land is not freely transferable unless certain application and approval procedures are fulfilled by the Dongguan Chang An Xiaobian District Co-operation to change the legal form of the land from collectively-owned to state-owned. As of March 31, 2016, the Company is not aware of any steps being taken by the Dongguan Chang An Xiaobian District Co-operation for such application.

 

Included in leasehold land and buildings is property on lease with net values of $2,033 and $6,203 as of March 31, 2015 and 2016, respectively. Details of the property on lease are as follows:

 

Included in leasehold land and buildings     March 31,
   2015  2016
       
Cost  $2,513   $8,099 
Less: accumulated depreciation and amortization   (480)   (1,896)
Net book value  $2,033   $6,203 

 

During the years ended March 31, 2014, 2015 and 2016, the Company impaired its property, plant and equipment by $490, $nil and $nil, respectively, which were charged to other income (expenses) in consolidation statements of comprehensive loss. Depreciation of property, plant and equipment were $3,621, $2,824 and $2,373 during the years ended March 31, 2014, 2015 and 2016, respectively.