XML 70 R58.htm IDEA: XBRL DOCUMENT
v3.19.1

Borrowings (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
ZHEJIANG TIANLAN |
Borrowings |
|  | 2018 |  |  | 2017 |
|  | RMB’000 |  |  | RMB’000 |
Current portion |  |  | 32,275 |  |  |  | 29,438 |
Non-current portion |  |  | 23,178 |  |  |  | 54,630 |
Total borrowings by the Company |  |  | 55,453 |  |  |  | 84,068 |
(i) | On May 15, 2015, the Company signed a sales and leaseback agreement with lessor A with total principal of RMB66,700,000 and is repayable within 5 years. The third party loan is denominated in Renminbi. The third party loan borrowed by the Company as of December 31, 2018 bears interest at fixed rates 5.27% (2017: 5.27%) per annum and is secured by the Company’s machinery A. Interest paid during the year ended December 31, 2018 was approximately RMB1,206,000 (2017: RMB2,027,000 and 2016: RMB2,011,000) and was included in “Cost of revenue” in the Group’s consolidated statements of operations.
(ii) | On December 9, 2015, the Company signed a sales and leaseback agreement with lessor B with total principal of RMB87,560,000 and is repayable within 5 years. The third party loan is denominated in Renminbi. The third party loan borrowed by the Company as of December 31, 2018 bears interest at fixed rates 4.83% (2017: 4.83%) per annum and are secured by the Company’s machinery B and the franchise, income and account receivables generated from Machinery B. Interest paid during the year ended December 31, 2018 was approximately RMB2,437,000 (2017: RMB3,273,000 and 2016: 3,192,000) and was included in “Cost of revenue” in the Group’s consolidated statements of operations.

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_StatementScenarioAxis=srt_SubsidiaryIssuerMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |