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9. Property, plant and equipment

12 Months Ended

Dec. 31, 2015

Property, plant and equipment

		2015				2014
		US$’000				US$’000
Office premises			1,866				1,866
Leasehold improvements			157				160
Furniture, fixtures and office equipment			635				637
Motor vehicles			155				155
Testing equipment			30				30
			2,843				2,848
Less: Accumulated depreciation			(2,070	)			(2,037	)
			773				811

		2015				2014				2013
		US$’000				US$’000				US$’000
Depreciation charge			56				88				108

ZHEJIANG JIAHUAN

Property, plant and equipment

		2015				2014
		RMB’000				RMB’000
Buildings			34,493				34,493
Plant and machinery			7,011				7,780
Office equipment			1,148				2,936
Motor vehicles			979				1,124
			43,631				46,333
Less: Accumulated depreciation			(19,843	)			(20,475	)
			23,788				25,858

		2015				2014				2013
		RMB’000				RMB’000				RMB’000
Depreciation charge			2,296				2,408				2,461

Buildings with carrying amount of approximately RMB34,493,000 as of December 31, 2015 and 2014 respectively were pledged, along with the land use right as discussed below, to secure the Company’s short-term bank loans.

ZHEJIANG TIANLAN

Property, plant and equipment

		2015				2014
		RMB’000				RMB’000
Building and leasehold improvements			56,696				47,091
Furniture, fixtures and office equipment			9,919				9,629
Motor vehicles			3,780				3,682
Plant and machineries			114,617				715
Construction in progress			-				115,645
			185,012				176,762
Less: Accumulated depreciation			(23,281	)			(14,838	)
			161,731				161,924

		2015				2014				2013
		RMB’000				RMB’000				RMB’000
Depreciation charge			8,473				2,985				2,956

X

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ 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 210.5-02.13-14)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2921-110230

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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