Property, plant and equipment

Property, plant and equipment, are carried at cost less accumulated depreciation and impairment losses. Where components of an item of property, plant and equipment have different useful lives, they are appraised as separate items of property, plant and equipment.

Depreciation is charged to profit or loss on a straight-line basis over the estimated useful lives of items of property, plant and equipment or their separately appraised components. Buildings are depreciated over a period of 25 years and the remaining assets are depreciated over an average period of five years.

Source: Annual Report 2009, Chapter Finacial Statements, page 92 (PDF, 240 kB)

Add to My report