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Other income and other losses
12 Months Ended
Dec. 31, 2022
ZHEJIANG TIANLAN  
Other income and other losses

16.

Other income and other losses

 

Other income

 

 

 

Year ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

 

 

RMB’000

 

 

RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

 

 

 

Compensation income

 

 

-

 

 

 

-

 

 

 

22,548

 

Gain on disposal of property, plant and equipment

 

 

-

 

 

 

39

 

 

 

-

 

Investment income

 

 

824

 

 

 

531

 

 

 

266

 

Amounts waived by payees 

 

 

980

 

 

 

3,061

 

 

 

4,535

 

Reversal of allowance for doubtful accounts

 

 

983

 

 

 

183

 

 

 

6,463

 

Subsidy income from PRC government

 

 

9,002

 

 

 

7,780

 

 

 

5,834

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11,789

 

 

 

11,594

 

 

 

39,646

 

 

Other losses

 

 

 

Year ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

 

 

RMB’000

 

 

RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

 

 

 

Impairment loss on short term investments

 

 

195

 

 

 

-

 

 

 

-

 

Impairment loss on contract assets

 

 

3,560

 

 

 

1,238

 

 

 

1,399

 

Impairment loss on long-term investments

 

 

-

 

 

 

-

 

 

 

1,340

 

Impairment loss on property, plant and equipment

 

 

-

 

 

 

-

 

 

 

2,742

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3,755

 

 

 

1,238

 

 

 

5,481