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Intangible assets, net

12 Months Ended

Dec. 31, 2021

ZHEJIANG TIANLAN

Intangible assets, net

10 Intangible assets, net

		December 31,
		2021				2020
		RMB’000				RMB’000
Amortizable intangible assets
Gross carrying amount
Patents			3,750				3,750
Others			165				165
			3,915				3,915
Less: Accumulated amortization			(2,050	)			(1,795	)
Net carrying amount			1,865				2,120

		Year ended December 31,
		2021				2020				2019
		RMB’000				RMB’000				RMB’000
Amortization expense			255				142				152

At December 31, 2021, estimated future intangible assets amortization expense for each of the next five years and thereafter was as follows:

		Future amortization expense
		RMB’000
2022			255
2023			255
2024			255
2025			255
2026			255
Thereafter			590
Total			1,865

At December 31, 2020, estimated future intangible assets amortization expense for each of the next five years and thereafter was as follows:

		Future amortization expense
		RMB’000
2021			142
2022			142
2023			142
2024			142
2025			142
Thereafter			1,410
Total			2,120

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- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-URI https://asc.fasb.org/subtopic&trid=2144471

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