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Land use right, net (Tables) - ZHEJIANG TIANLAN
12 Months Ended
Dec. 31, 2021
Schedule of land use right

 

 

December 31,

 

 

 

2021

 

 

2020

 

 

 

RMB’000

 

 

RMB’000

 

Gross carrying amount

 

 

 

 

 

 

 

 

 

 

 

 

 

Land use right

 

 

7,361

 

 

 

7,361

 

Less: Accumulated amortization

 

 

(2,364)

 

 

(2,214)

 

 

 

 

 

 

 

 

 

Net carrying amount

 

 

4,997

 

 

 

5,147

 

Amortization expense

 

 

Year ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

RMB’000

 

 

RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

 

 

 

Amortization expense

 

 

150

 

 

 

159

 

 

 

149

 

 

 

Future

amortization

expense

 

 

 

RMB’000

 

 

 

 

 

2022

 

 

150

 

2023

 

 

150

 

2024

 

 

150

 

2025

 

 

150

 

2026

 

 

150

 

Thereafter

 

 

4,247

 

 

 

 

 

 

Total

 

 

4,997

 

 

 

Future

amortization

expense

 

 

 

RMB’000

 

 

 

 

 

2021

 

 

159

 

2022

 

 

159

 

2023

 

 

159

 

2024

 

 

159

 

2025

 

 

159

 

Thereafter

 

 

4,352

 

 

 

 

 

 

Total

 

 

5,147