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How to classify this property , plant and equipment under which category of MRFS has been used. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) 3.5 Property.

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How to classify this property , plant and equipment under which category of MRFS has been used.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) 3.5 Property. plant and equipment (Continued) (cl Depreciation All property, plant and equipment are depreciated on a straight-line basis by allocating their depreciable amounts over their remaining useful lives at the following annual rates: Freehold buildings 2% Computer equipment and software 10% to 50% Machinery. equipment and motor vehicles 10% to 50% Furniture. ttings and office equipment 8% to 20% Electrical installations and renovation 10% to 33 1f3% The residual values. useful lives and depreciation methods are reviewed at the end of each reporting period and adjusted as appropriate. (d) Derecognition An item of property. plant and equipment is derecognised upon disposal or when no future economic benefits are expected from its use or disposal. Any gain or loss arising on derecognition oi the asset is recognised in prot or loss

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