Lease obligations (Tables)

12 Months Ended

Dec. 31, 2023

Lease expense

	Years ended December 31,
	2023		2022
	US$’000		US$’000
Operating lease cost		76		175
Short-term lease cost		220		121
Total lease cost		296		296

Supplemental information related to operating leases

	Years ended December 31,
	2023		2022
	US$’000		US$’000
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		285		195
Right-of-use assets obtained in exchange for lease obligations (noncash):
Operating leases		-		-

	December 31,
	2023			2022
	US$’000			US$’000
Operating leases
Operating lease right-of-use assets		233			219
Current portion of long-term operating lease obligations		170			113
Long-term operating lease obligations, net of current maturities		44			87
		214			200
Weighted average remaining lease term
Operating leases	3 months			20 months
Weighted average discount rate
Operating leases		5.45	%		4.44	%

Future minimum lease payments required under operating leases

	Operating leases
	US$’000
Year ending December 31,
2024		174
2025		42
Total lease payments		219
Less: imputed interest		(5	)
Total		214

ZHEJIANG TIANLAN

Lease expense

	Years ended December 31,
	2023		2022
	RMB’000		RMB’000
Finance lease cost:
Amortization of right-of-use assets		-		-
Interest on lease liabilities included under cost of revenue and selling and administrative expenses		-		-
Total finance lease cost		-		-

Supplemental information related to finance leases

	Years ended December 31,
	2023		2022
	RMB’000		RMB’000
Cash paid for amounts included in the measurement of lease liabilities:
Finance cash flows from finance leases		-		-
Right-of-use assets obtained in exchange for lease obligations (noncash):
Finance leases		-		-

	December 31,
	2023		2022
	RMB’000		RMB’000
Finance leases
Property, plant and equipment, at cost		-		-
Accumulated depreciation and impairment losses		-		-
Property, plant and equipment, net		-		-
Current maturities of long-term debt		-		-
Total finance lease liabilities		-		-
Weighted average remaining lease term
Finance leases		-		-
Weighted average discount rate
Finance leases		-		-