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Property, plant and equipment, net
 12 Months Ended
Dec. 31, 2020
Property, plant and equipment
    December 31,  
    2020     2019  
    US$’000     US$’000  
             
   Office premises*     673       1,866  
   Leasehold improvements     157       155  
   Furniture, fixtures and office equipment     557       511  
   Motor vehicles     175       173  
   Testing equipment     37       37  
                 
      1,599       2,742  
                 
      Less: Accumulated depreciation     (1,340 )     (2,042 )
                 
      259       700  

 

    Year ended December 31,  
    2020     2019     2018  
    US$’000     US$’000     US$’000  
                   
   Depreciation charge     49       69       60  

 

* Far East earns rental income from a property in Beijing, PRC for which it does not hold the title. Far East is investigating various ways in which to obtain the title but has not formulated a specific plan as of the date of issuance of this consolidated financial statements. The net book value of the property at December 31, 2020 is approximately US$92,000 (2019: US$96,000).

 
ZHEJIANG TIANLAN  
Property, plant and equipment
    December 31,  
    2020     2019  
    RMB’000     RMB’000  
             
             
Building and leasehold improvements     167,874       167,874  
Furniture, fixtures and office equipment     3,658       3,543  
Motor vehicles     4,808       4,808  
Plant and machineries     9,399       8,937  
                 
Total     185,739       185,162  
                 
Less: Accumulated depreciation and amortization     (70,241 )     (63,881 )
Accumulated impairment losses     (36,241 )     (33,500 )
                 
Total     (106,482 )     (97,381 )
                 
Net     79,257       87,781  

 

    Year ended December 31,  
    2020     2019     2018  
    RMB’000     RMB’000     RMB’000  
                   
Depreciation charge     6,359       6,556       11,755  

 

At December 31, 2020, the net book value of property, plant and equipment pledged as security for the Company’s bank loans and third party loans amounted to approximately RMB34,403,000 (2019: RMB84,598,000).