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Land use right, net (Table) - ZHEJIANG TIANLAN | 12 Months Ended
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Dec. 31, 2023
Land use right, net table |
|  | December 31, |
|  | 202 3 |  |  | 202 2 |
|  | RMB’000 |  |  | RMB’000 |
Gross carrying amount |  |  |  |  |  |
Land use right |  |  | 7,361 |  |  |  | 7,361 |
Less: Accumulated amortization |  |  | (2,662 | ) |  |  | (2,511 | )
Net carrying amount |  |  | 4,699 |  |  |  | 4,850 |
|  | Year ended December 31, |
|  | 202 3 |  |  | 202 2 |  |  | 202 1 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Amortization expense |  |  | 180 |  |  |  | 150 |  |  |  | 150 |
Land use right, net estimated future land use right amortization expense |
|  | Future amortization expense |
|  | RMB’000 |
2024 |  |  | 180 |
2025 |  |  | 180 |
2026 |  |  | 180 |
2027 |  |  | 180 |
2028 |  |  | 180 |
Thereafter |  |  | 3,799 |
Total |  |  | 4,699 |

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