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6. Accounts receivable, net
12 Months Ended
Dec. 31, 2016
Accounts receivable, net
    2016     2015  
    US$’000     US$’000  
             
Accounts receivable     4,431       4,557  
Less: Allowance for doubtful debts     (38 )     (57 )
      4,393       4,500  

 

The following is an age analysis of past due account receivables as of December 31, 2016 and 2015:

 

    2016     2015  
    US$’000     US$’000  
             
Current     1,789       2,762  
30-59 days past due     1,072       633  
60-89 days past due     852       635  
Greater than 90 days     680       470  
      4,393       4,500  

 

ZHEJIANG TIANLAN  
Accounts receivable, net
    2016     2015  
    RMB’000     RMB’000  
             
Accounts receivable     204,166       238,325  
Less: Allowance for doubtful debts     (39,066 )     (30,418 )
                 
      165,100       207,907  

 

The following is an age analysis of past due account receivables as of December 31, 2016 and 2015:

 

    2016     2015  
    RMB’000     RMB’000  
             
Within 1 year     118,476       150,345  
1 year – 2 years     31,340       44,393  
2 years – 3 years     9,387       8,588  
3 years – 4 years     4,593       3,881  
4 years – 5 years     240       700  
Greater than 5 years     1,064       -  
                 
      165,100       207,907  
                 

 

At December 31, 2016, the trade receivables pledged as security for the Company’s bank loans and third party’s loans amounted to approximately RMB25,474,000 (2015: RMB27,566,000).

ZHEJIANG JIAHUAN  
Accounts receivable, net
    2016     2015  
    RMB’000     RMB’000  
             
Accounts receivable, gross     91,069       99,864  
Less: Allowance for doubtful debts     (32 )     (32 )
Accounts receivable, net                
      91,037       99,832  
                 
      2016       2015  

 

    RMB’000     RMB’000  
Allowance for doubtful debts:            
Balance at beginning     (32 )     (131 )
Charged to statement of income                
Recovered     -       99  
Balance at end                
      (32 )     (32 )