=+v4. It is group policy to provide a full years depreciation in the year of acquisition and
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=+v4. It is group policy to provide a full year’s depreciation in the year of acquisition and none in the year of disposal. All depreciation is charged to administrative expenses and is calculated as follows:
Property — straight line over estimated useful economic life;
Plant and equipment — 10% straight line.
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Related Book For
International Financial Accounting And Reporting
ISBN: 9780903854726
2nd Edition
Authors: Ciaran Connolly
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