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7. Prepayments and other current assets (Details) - CNY (¥) ¥ in Thousands | Dec. 31, 2015 | Dec. 31, 2014
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ZHEJIANG JIAHUAN |  |
Prepayments and other receivables | ¥ 13,039 | ¥ 11,333
Deposits | 4,433 | 3,067
Prepayments and other current assets | 17,472 | 14,400
ZHEJIANG TIANLAN |  |
Contracts costs incurred plus estimated earnings | 160,634 | 207,632
Less: Progress billings | (62,994) | (53,723)
Cost and estimated earnings in excess of billings | ¥ 97,640 | ¥ 153,909

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- Definition The carrying amount of the asset transferred to a third party to serve as a deposit, which typically serves as security against failure by the transferor to perform under terms of an agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.8,17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition The carrying amount of other receivables, net, due within one year of the balance sheet date (or one operating cycle, if longer) from third parties or arising from transactions not separately disclosed. + References No definition available. + Details
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