Obtain Nestle’s 2013 annual report using the “Investor Relations” portion of its web site (do a Web search for Nestle investor relation).
Required:
1. What is the value of Nestle’s property, plant, and equipment?
2. What categories of property, plant, and equipment does Nestle report on its financial statements?
3. Which depreciation method does Nestle use?
4. What are the useful lives of the various classes of Nestle’s property, plant, and equipment?
5. For 2013, how much did Nestle report for:
a. Depreciation expense.
b. Capital expenditures.
c. Disposals
d. Impairments
6. Compute the average useful life and the estimated average age of the property, plant, and equipment.