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8. Inventories
12 Months Ended
Dec. 31, 2014
Inventories

 

    2014     2013  
    US$’000     US$’000  
             
Raw materials     146       124  
Work in progress     38       47  
Finished goods     359       323  
                 
      543       494  

 

Management continuously reviews obsolete and slow moving inventories and assesses the inventory valuation to determine if the provision is deemed appropriate. For the year ended December 31, 2014, and 2013, provision for obsolete and slow moving inventories amounted to US$8,000 and US$29,000, respectively, which were charged to cost of revenue in Consolidated Statements of Income.

ZHEJIANG TIANLAN  
Inventories
    2014     2013  
    RMB’000     RMB’000  
             
Raw materials     9,121       7,425  
Work in progress     6,360       5,485  
Finished goods     573       2,066  
                 
      16,054       14,976  
ZHEJIANG JIAHUAN  
Inventories
    2014     2013  
    RMB’000     RMB’000  
             
Raw materials     3,763       2,680  
Work in progress     9,840       15,068  
Finished goods     18,646       20,410  
                 
      32,249       38,158