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10. Interests in affiliates (Tables) | 12 Months Ended
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Dec. 31, 2012
Interests In Affiliates Tables |
Schedule of Investments in affiliates |
A summary of the financial information of the affiliate, Zhejiang Tianlan Environmental Protection Technology Co. Ltd, is set forth below:
|  | 2012 |  |  | 2011 |
Balance Sheet: |  | US$’000 |  |  | US$’000 |
Current assets |  |  | 57,431 |  |  |  | 49,064 |
Non-current assets |  |  | 9,605 |  |  |  | 10,322 |
Total assets |  |  | 67,036 |  |  |  | 59,386 |
Total liabilities |  |  | (42,889 | ) |  |  | (35,154 | )
Total shareholders’ equity |  |  | 24,147 |  |  |  | 24,232 |
|  | 2012 |  |  | 2011 |
Operating results: |  | US$’000 |  |  | US$’000 |
Net sales |  |  | 44,543 |  |  |  | 45,966 |
Operating profits |  |  | 616 |  |  |  | 6,899 |
Net (loss)/profits |  |  | (196 | ) |  |  | 6,407 |
| The Group acquired 20% of the equity interests in Zhejiang Jia Huan Electronic Co. Ltd., (“Jia Huan”), a company incorporated in the PRC, for approximately US$2,610,000 in 2008. Jia Huan has been in the environmental protection business since 1969 and is based in Jin Hua, Zhejiang. A summary of the financial information of the affiliate, Zhejiang Jia Huan Electronic Co. Ltd, is set forth below:
|  | 2012 |  |  | 2011 |
Balance Sheet: |  | US$’000 |  |  | US$’000 |
Current assets |  |  | 17,371 |  |  |  | 16,645 |
Non-current assets |  |  | 5,650 |  |  |  | 5,402 |
Total assets |  |  | 23,021 |  |  |  | 22,047 |
Total liabilities |  |  | (9,893 | ) |  |  | (9,295 | )
Total shareholders’ equity |  |  | 13,128 |  |  |  | 12,752 |
|  | 2012 |  |  | 2011 |
Operating results: |  | US$’000 |  |  | US$’000 |
Net sales |  |  | 12,631 |  |  |  | 8,151 |
Operating profits/(losses) |  |  | 74 |  |  |  | (903 | )
Net profits/(losses) |  |  | 243 |  |  |  | (749 | )

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- Definition A tabular presentation of the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates, as prescribed by the SEC. It reflects specified information about ownership, financial results from, and financial position in such entities. Includes the tabular presentations that disaggregate investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates. + References No definition available. + Details
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