XML 50 R16.htm IDEA: XBRL DOCUMENT

Commitments

12 Months Ended

Mar. 31, 2012

10 Commitments

Capital expenditures contracted at the balance sheet date but not yet provided for is as follows:

	March 31,
	2011		2012
	$ in thousands		$ in thousands

Construction in Xinxing, Guangdong, PRC		548		757

		548		757

As of March 31, 2012, the Company entered into contractor agreements to construct factory building, warehouse, dormitories and leasehold improvements on the land in Xinxing, the PRC for total consideration of $5,814,000. $5,057,000 had been paid and the remaining balance of $757,000 is to be paid in accordance with the progress of the construction. The first phase of construction is expected to be completed by December 2012.

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

+ References+ Details