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Land use right, net (Table) - ZHEJIANG TIANLAN
12 Months Ended
Dec. 31, 2023
Land use right, net table

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

 

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,

 

 

 

2023

 

 

2022

 

 

2021

 

 

 

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