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12A. Land use right, net
12 Months Ended
Dec. 31, 2016
ZHEJIANG JIAHUAN  
Land use right, net
    2016     2015  
    RMB’000     RMB’000  
             
Land use right     7,987       7,987  
Less: Accumulated amortisation     (1,699 )     (1,536 )
                 
      6,288       6,451  

 

    2016     2015     2014  
    RMB’000     RMB’000     RMB’000  
                   
Amortisation expense     163       163       163  
                         

 

Land use right with a carrying amount of approximately RMB6,288,000 and RMB6,451,000 as of December 31, 2016 and 2015 was pledged, along with the buildings discussed above, to secure the Company’s short-term bank loans.

ZHEJIANG TIANLAN  
Land use right, net
    2016     2015  
    RMB’000     RMB’000  
             
Land use right     7,361       7,361  
Less: Accumulated amortisation     (1,614 )     (1,465 )
                 
      5,747       5,896  

 

    2016     2015     2014  
    RMB’000     RMB’000     RMB’000  
                   
Amortisation expense     149       149       149  
                         

 

At December 31, 2016, the land use right pledged as security for the Company’s bank loans and third party’s loans amounted to approximately RMB1,691,000 (2015: RMB1,737,000).