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9. Property, plant and equipment
12 Months Ended
Dec. 31, 2016
Property, plant and equipment
    2016     2015  
    US$’000     US$’000  
             
Office premises     1,866       1,866  
Leasehold improvements     155       157  
Furniture, fixtures and office equipment     581       635  
Motor vehicles     188       155  
Testing equipment     30       30  
      2,820       2,843  
                 
Less: Accumulated depreciation     (2,049 )     (2,070 )
      771       773  

 

    2016     2015     2014  
    US$’000     US$’000     US$’000  
                   
Depreciation charge     55       56       88  
                         

 

 

ZHEJIANG JIAHUAN  
Property, plant and equipment
    2016     2015  
    RMB’000     RMB’000  
             
Buildings     34,724       34,493  
Plant and machinery     7,014       7,011  
Office equipment     1,206       1,148  
Motor vehicles     467       979  
                 
      43,411       43,631  
                 
Less: Accumulated depreciation     (21,550 )     (19,843 )
                 
      21,861       23,788  
                 

 

    2016     2015     2014  
    RMB’000     RMB’000     RMB’000  
                   
Depreciation charge     1,707       2,296       2,408  
                         

 

Buildings with carrying amount of approximately RMB34,724,000 and RMB34,493,000 as of December 31, 2016 and 2015 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
    2016     2015  
    RMB’000     RMB’000  
             
             
Building and leasehold improvements     56,665       56,696  
Furniture, fixtures and office equipment     9,660       9,919  
Motor vehicles     4,451       3,780  
Plant and machineries     115,349       114,617  
Construction in progress     211       -  
                 
      186,336       185,012  
                 
Less: Accumulated depreciation     (36,496 )     (23,281 )
                 
      149,840       161,731  

 

    2016     2015     2014  
    RMB’000     RMB’000     RMB’000  
                   
Depreciation charge     14,144       8,473       2,985  
                         

 

At December 31, 2016, the net book value of property, plant and equipment pledged as security for the Company’s bank loans and third party’s loans amounted to approximately RMB109,041,000 (2015: RMB120,830,000).