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8. Inventories
12 Months Ended
Dec. 31, 2016
Inventories
    2016     2015  
    US$’000     US$’000  
             
Raw materials     97       131  
Work in progress     29       39  
Finished goods     218       387  
      344       557  

 

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, 2016, and 2015 provision for obsolete and slow moving inventories amounted to US$53,000 and US$5,000, respectively, which were charged to cost of revenue in Consolidated Statements of Income.

ZHEJIANG JIAHUAN  
Inventories
    2016     2015  
    RMB’000     RMB’000  
             
Raw materials     6,529       5,603  
Work in progress     11,264       7,840  
Finished goods     10,212       8,020  
                 
      28,005       21,463  
ZHEJIANG TIANLAN  
Inventories
    2016     2015  
    RMB’000     RMB’000  
             
Raw materials     5,606       6,586  
Work in progress     7,269       5,525  
Finished goods     230       -  
                 
      13,105       12,111