2.4.0.81020 - Disclosure - Land Use Rights, Nettruefalsefalse1falsefalsefalseeol_PE5554----1320-F0004_STD_365_20130331_0http://www.sec.gov/CIK0001057708duration2012-04-01T00:00:002013-03-31T00:00:001true1us-gaap_TextBlockAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false2gai_LandUseRightsNetDisclosureTextBlockgai_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<div>
<table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="top" width="4%" align="left"><font style="FONT-FAMILY: Times New Roman" size="2">11.</font></td>
<td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="2">LAND USE RIGHTS,
NET</font></td>
</tr>
</table>
<p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%">
<font style="FONT-FAMILY: Times New Roman" size="2">Land use rights
represent prepayments under operating leases for land use for a
predetermined time period. They are charged to the consolidated
statement of operations and comprehensive income over the lease
periods on a straight-line basis. The Company has the rights to use
certain pieces of land located in Mainland China and has obtained
or is in the process of obtaining the land use rights certificates
covering a substantial portion of such lands. On August 26,
2006, the Company entered into a supplementary agreement with the
Dongguan local government regarding the use of a piece of land with
a total area of 45,208 square meters which the Company had
occupied. Pursuant to the supplementary agreement, the Company has
vacated a portion of this land (13,698 square meters in aggregate),
which was previously used as a recreational area, and has arranged
to use the remaining portion of the land (31,510 square meters)
until August 6, 2043. However, the Company had to pay monthly
fees of RMB59,248 (approximately US$9,039) to the local government
for the period from January 1, 2008 to December 31, 2008
and RMB193,048 (approximately US$31,079) from January 1, 2009
onwards until August 6, 2043. Up to March 31, 2013, the
Company has obtained a sizable portion of its land use rights
certificates covering 183,900 square meters out of a total area of
207,300 square meters. The application of certain property
ownership certificates as further detailed in note 10 to the
consolidated financial statements commences only after the land use
rights certificates for the relevant pieces of land have been
obtained. The Company is in the process of obtaining the remaining
land use rights and property ownership certificates. However, no
definitive time frame has been provided by the Dongguan local
government as to when the certificates will be provided to the
Company.</font></p>
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