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Property, plant and equipment, net

12 Months Ended

Mar. 31, 2013

4	Property, plant and equipment, net

During the fiscal years ended March 31, 2011, 2012 and 2013, depreciation expenses charged to the consolidated statements of operations amounted to approximately $99,000, $54,000 and $120,000 respectively. As at March 31, 2011, 2012 and 2013, fully depreciated assets that were still in use by the Group amounted to $31,222,000, $32,280,000, and $32,858,000 respectively.

Property, plant and equipment in Shenzhen were assessed for impairment according to the policy described in note 1(i). The Company concluded that no impairment to property, plant and equipment in Shenzhen was required for the fiscal years ended March 31, 2012 and 2013.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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