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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Oct. 31, 2011
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
8.  PROPERTY AND EQUIPMENT, NET 

 

Property and equipment and related accumulated depreciation as of October 31, 2011 and 2010 were as follows:

 

    2011     2010  
    US$     US$  
             
Machinery and equipment     3,710,282       3,545,146  
Office equipment and furnishings     66,352       58,006  
Motor vehicles     56,759       54,237  
      3,833,393       3,657,389  
Less: Accumulated depreciation     (2,054,409 )     (1,587,929 )
Net book value     1,778,984       2,069,460  

 

Depreciation expense for the years ended October 31, 2011 and 2010 was $383,846 and $363,567, respectively, of which $366,483 and $374,973 were included as a component of cost of goods sold in the respective periods.  

 

No assets were pledged for borrowings as at October 31, 2011 and 2010.