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2. Summary of significant accounting policies (Tables)

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment

	Office premises	47 to 51 years
	Leasehold improvements	over terms of the leases or the useful lives whichever is less
	Furniture, fixtures and office equipment	3 to 5 years
	Motor vehicles	4 years
	Testing equipment	3 years

ZHEJIANG TIANLAN

Property, Plant and Equipment

	Land use right	Over terms of the leases
	Office premises	47-50 years, with 5% residual value
	Leasehold improvements	over terms of the leases or the useful lives whichever is less, with 5% residual value
	Plant and machineries	5 to 10 years, with 5% residual value
	Furniture, fixtures and office equipment	3 to 5 years, with 5% residual value
	Motor vehicles	1 to 8 years, with 5% residual value

ZHEJIANG JIAHUAN

Property, Plant and Equipment

Land use right		50 years
Buildings		20 years
Plant and machinery		5 to 20 years
Office equipment		3 to 10 years
Motor vehicles		5 to 10 years