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Receivables, net
 12 Months Ended
Dec. 31, 2018
Receivables, net
    2018     2017  
    US$’000     US$’000  
             
Receivables     5,201       3,917  
Less: Allowance for doubtful debts     (112 )     (109 )
      5,089       3,808  

 

The following is an aging analysis of receivables, net as of December 31, 2018 and 2017:

 

    2018     2017  
    US$’000     US$’000  
             
Current     4,485       1,816  
Past due                
1-30 days     200       1,076  
31-60 days     38       288  
61-90 days     17       -  
Greater than or equal to 91 days     349       628  
      5,089       3,808  

 

There is a receivable due from a PRC government-owned entity with net amount of approximately US$334,000 which the PRC court awarded judgment for the Group and required the entity to settle the receivable. The said amount has not yet recovered by the reporting date.

 
ZHEJIANG TIANLAN  
Receivables, net
    2018     2017  
    RMB’000     RMB’000  
             
Receivables     177, 632       222,279  
Less: Allowance for doubtful debts     (24,047 )     (41,761 )
      153,585       180,518  

 

The following is an aging analysis of receivables, net as of December 31, 2018 and 2017:

 

    2018     2017  
    RMB’000     RMB’000  
             
Within 1 year     119,233       128,413  
1 year - 2 years     21,182       37,934  
2 years - 3 years     9,492       9,158  
3 years - 4 years     3,225       4,120  
4 years - 5 years     453       893  
      153,585       180,518  

 

At December 31, 2018, the receivables, net pledged as security for the Company’s bank loans and third party’s loans amounted to approximately RMB21,634,000 (2017: RMB24,363,000).