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19. Related party transactions
12 Months Ended
Dec. 31, 2014
Related party transactions

Other than compensation to directors and stock options available to the directors, there were no transactions with other related parties in the years 2014, 2013 and 2012.

ZHEJIANG TIANLAN  
Related party transactions

Amounts due from/(to) owners

 

  The owners, from time to time, obtain business related advances and pay expenses on behalf of the Company. The amounts due to owners are unsecured, interest free and do not have clearly defined terms of repayment.  There were no other transactions with related parties in the years 2014 and 2013 other than those disclosed in elsewhere in the financial statements.