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Intangible assets net (Tables) - ZHEJIANG TIANLAN

12 Months Ended

Dec. 31, 2022

Intangible assets, net

		December 31,
		2022				2021
		RMB’000				RMB’000
Amortizable intangible assets
Gross carrying amount
Patents			3,950				3,750
Others			165				165
			4,115				3,915
Less: Accumulated amortization			(2,307	)			(2,050	)
Net carrying amount			1,808				1,865

Amortization expense

		Year ended December 31,
		2022				2021				2020
		RMB’000				RMB’000				RMB’000
Amortization expense			257				255				142

		Future amortization expense
		RMB’000
2023			257
2024			257
2025			257
2026			257
2027			257
Thereafter			523
Total			1,808

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Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life.

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- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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