DEFERRED TAX ASSETS AND DEFERRED TAX LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2013
DEFERRED TAX ASSETS AND DEFERRED TAX LIABILITIES  
Schedule of significant components of deferred tax assets and deferred tax liabilities

 

 

 

 

December 31,

 

 

 

2012

 

2013

 

 

 

US$

 

US$

 

Deferred tax assets—current

 

 

 

 

 

Allowance for uncollectible other receivables

 

747

 

770

 

Accrued water resource fee

 

332

 

316

 

Accrued expenses

 

706

 

985

 

Other payable

 

622

 

762

 

Deferred tax assets—current

 

2,407

 

2,833

 

 

 

 

 

 

 

Valuation allowance

 

(748

)

(839

)

Net deferred tax assets—current

 

1,659

 

1,994

 

 

 

 

 

 

 

Deferred tax assets—non-current

 

 

 

 

 

Net operating loss carryforwards

 

1,746

 

2,822

 

Depreciation of property, plant and equipment

 

812

 

948

 

Provision for impairment allowance

 

3,481

 

3,599

 

Others

 

10

 

10

 

Deferred tax assets—non-current

 

6,049

 

7,379

 

 

 

 

 

 

 

Valuation allowance

 

(4,720

)

(5,853

)

Net deferred tax asset—non-current

 

1,329

 

1,526

 

 

 

 

 

 

 

Deferred tax liabilities—current

 

 

 

 

 

Undistributed earnings of a foreign subsidiary

 

 

(300

)

 

 

 

 

 

 

Deferred tax liabilities—non-current

 

 

 

 

 

Fair value step-up of property, plant and equipment

 

(23,279

)

(23,647

)

Fair value step-up of intangible assets

 

(1,066

)

(1,073

)

Deferred tax liabilities—non-current

 

(24,345

)

(24,720

)