Property, plant and equipment, net

3 Months Ended

Mar. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

8.	Property, plant and equipment, net

Cost	March 31, 2012			December 31, 2011
Buildings	$	13,712,831		$	13,625,189
Plant and machinery		1,563,244			1,552,234
Furniture, fixtures and equipment		5,814,453			5,668,331
Motor vehicles		445,840			443,048
		21,536,368			21,288,802
Accumulated depreciation		(4,838,350	)		(4,511,548	)
		16,698,018			16,777,254
Construction in progress		2,270,303			1,319,808
Net	$	18,968,321		$	18,097,062

(a)

An analysis of buildings, plant and machinery pledged to banks for banking loans (Note 12(d)(i)) is as follows:

Cost	March 31, 2012			December 31, 2011
Buildings	$	5,505,697		$	5,471,223
Accumulated depreciation		(1,471,144	)		(1,420,229	)
Net	$	4,034,553		$	4,050,994

(b)

Construction in progress

Construction in progress mainly represents expenditures in respect of the renovation of retail stores and office expansion.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details

China BCT Pharmacy Group, Inc. 10-Q