QUESTION :Calculate the average age percentage of Loblaws property and equipment for 2020 and 2019 and evaluate the result.

77% + COCIOy ogram members, net of breakage, and the goods and services on which the awards were earned, based on their relative stand-alone elling price. The estimated fair value per point for the PG Optimum Program is determined based on the program reward schedule nd is $1 for every 1,000 points earned. The breakage rate of the program is an estimate of the amount of points that will never be edeemed The rate is reviewed on an ongoing basis and is estimated utilizing historical redemption activity and anticipated earn and edeem behaviour of members Tote 14. Fixed Assets The following are continuities of the cost and the accumulated depreciation of fixed assets for the years ended January 2, 2021 and December 28, 2019 2020 Additions (136) Buildings and building Leasehold Assets under (milions of Canadian dollars) Land Improvements improvements construction Total Dost Balance beginning of year 219 $ 1785 $ 8,207 $ 3,873 $ 389 $ 14,473 132 26 728 886 Business acquisitions (note 5) 44 40 Disposals 145) (60) (25) Net transfer to assets held for sale 129 Net transfer from investment properties (note 15) 18 14 Transfer from assets under construction 25 482 170 702 Balance, end of year $ 225 $ 1.779 5 8,805 $ 4,044 5 416 5 15,268 Accumulated depreciation Balance beginning of year $ $ 853 6,1486 1,980S 2 58.983 Depreciation 52 506 281 pairment losses 1 28 Reversal of impairment losses (3) (16) Disposals (104) Balance, end of year ES 1 $ 883 $ 3:6,603 S 2.239 116 2 $ 9,728 Carrying amount as at: January 2, 2021 $ 224 $ 896 $ 112,2021 3 1805 413 $115,540 dit Addition to redes include 566 milion preparient etwas made in 2019. The balans was WD19....docx Show All W SC_WD19_3a_L....docx p/12202563/mod_resource/content/4/Case%20St... a Upd / 20 77% to $ 3713 TULI @ 2019 Franco and Quidings and buildings Budite con Listahald guipmen Assets under millions of Canadian dollars Lang OVORNOS Andres Impre And foderen construction Total Cost Balance, beginning of year $ 230 S 1,972 S 7.6953 3.715 15 950 $ 404 $14.708 IFRS 16 adjustments 42) (950) (992) ) Restated balance beginning of year $ 230$ 1972 $7.503 S 3715$ WS 404 $ 13,714 Additions 23 159 47 501 830 usiness acquisitions (note 5) 66 87 Disposals (31) 13 144) 125 Net transfer to assets held for sale (9) 14) (13) Transfer from assets under construction 29 24 483 130 (616) Balance, end of year $ 2195 1.785$ 8207 $ 3873 SS 389 $ 14,473 Accumulated depreciation Balance, beginning of year $ $ 814 $ $ 5.7265 16943 539s 2 $ 8,775 IFRS 18 adjustments (18) 1539) 557) estated balance, beginning 5 $ 814 $ 5,708 $ 1694 $ 2 $ 8.218 Depreciation 53 456 282 791 Impairment losses 10 23 23 56 Reversal of impairment losses (6) (1) (4) (11) Disposals (17) (38) (15) (70) Net transfer to assets held for sale (1) ( 13 Balance, end of year $ $ 8535 6,148 $ 1.980 $ $ 2 3 8,983 Carrying amount as at December 28, 2019 $ 219 $ 932 $ $ 2059 $ 1,893 $ 387 $ 5,490 Abonato de indute in ground was made to 2018 The balance was transferred from other set in 2018 Assets under Construction The cost of additions to properties under construction for the year ended January 2 2021 was $728 million (December 28, 2019 - 5601 million). There is a nominal amount of capitalized borrowing costs (2019 - nil) at a weighted average capitalization rate of 6.19% included in this balance Fixed Asset Commitments As at January 2, 2021, the Company had entered into commitments of $88 milion (December 28, 2018 - $128 million) for the construction, expansion and renovation of buildings and the purchase of real property - of year TIL Support WD19....docx - SC_WD19_3a_L....docx Show All Page 1 1 3883 Words LL English (Canada) 12202563/mod_resource/content/4/Case%20St... @ Up 20 77% + Fixed ASSUT Lommuments as a January 2, 2011 million (December 26, 2019 $128 million) for the construction, expansion and renovation buildings and he purchase of real property. Note 17. Goodwill The following are continuities of the cost and the accumulated impairment of boodall fo December 28, 2019: ehuary 2 2081 ang 2020 2015 8 A 940 $ 4.936 millions of Canadian dollar Cost Balance, beginning of year Business acquisitions Balance, end of year Accumulated impairment losses Balance, beginning of year Impairment losses Balance, end of year Carrying amount as at the end of the year $ 4,942 $ 4,940 $ 994 3 SW 9945 Si 3.943 SH 3048 The mountaidondvedkoch all TWD19 ca 77% + COCIOy ogram members, net of breakage, and the goods and services on which the awards were earned, based on their relative stand-alone elling price. The estimated fair value per point for the PG Optimum Program is determined based on the program reward schedule nd is $1 for every 1,000 points earned. The breakage rate of the program is an estimate of the amount of points that will never be edeemed The rate is reviewed on an ongoing basis and is estimated utilizing historical redemption activity and anticipated earn and edeem behaviour of members Tote 14. Fixed Assets The following are continuities of the cost and the accumulated depreciation of fixed assets for the years ended January 2, 2021 and December 28, 2019 2020 Additions (136) Buildings and building Leasehold Assets under (milions of Canadian dollars) Land Improvements improvements construction Total Dost Balance beginning of year 219 $ 1785 $ 8,207 $ 3,873 $ 389 $ 14,473 132 26 728 886 Business acquisitions (note 5) 44 40 Disposals 145) (60) (25) Net transfer to assets held for sale 129 Net transfer from investment properties (note 15) 18 14 Transfer from assets under construction 25 482 170 702 Balance, end of year $ 225 $ 1.779 5 8,805 $ 4,044 5 416 5 15,268 Accumulated depreciation Balance beginning of year $ $ 853 6,1486 1,980S 2 58.983 Depreciation 52 506 281 pairment losses 1 28 Reversal of impairment losses (3) (16) Disposals (104) Balance, end of year ES 1 $ 883 $ 3:6,603 S 2.239 116 2 $ 9,728 Carrying amount as at: January 2, 2021 $ 224 $ 896 $ 112,2021 3 1805 413 $115,540 dit Addition to redes include 566 milion preparient etwas made in 2019. The balans was WD19....docx Show All W SC_WD19_3a_L....docx p/12202563/mod_resource/content/4/Case%20St... a Upd / 20 77% to $ 3713 TULI @ 2019 Franco and Quidings and buildings Budite con Listahald guipmen Assets under millions of Canadian dollars Lang OVORNOS Andres Impre And foderen construction Total Cost Balance, beginning of year $ 230 S 1,972 S 7.6953 3.715 15 950 $ 404 $14.708 IFRS 16 adjustments 42) (950) (992) ) Restated balance beginning of year $ 230$ 1972 $7.503 S 3715$ WS 404 $ 13,714 Additions 23 159 47 501 830 usiness acquisitions (note 5) 66 87 Disposals (31) 13 144) 125 Net transfer to assets held for sale (9) 14) (13) Transfer from assets under construction 29 24 483 130 (616) Balance, end of year $ 2195 1.785$ 8207 $ 3873 SS 389 $ 14,473 Accumulated depreciation Balance, beginning of year $ $ 814 $ $ 5.7265 16943 539s 2 $ 8,775 IFRS 18 adjustments (18) 1539) 557) estated balance, beginning 5 $ 814 $ 5,708 $ 1694 $ 2 $ 8.218 Depreciation 53 456 282 791 Impairment losses 10 23 23 56 Reversal of impairment losses (6) (1) (4) (11) Disposals (17) (38) (15) (70) Net transfer to assets held for sale (1) ( 13 Balance, end of year $ $ 8535 6,148 $ 1.980 $ $ 2 3 8,983 Carrying amount as at December 28, 2019 $ 219 $ 932 $ $ 2059 $ 1,893 $ 387 $ 5,490 Abonato de indute in ground was made to 2018 The balance was transferred from other set in 2018 Assets under Construction The cost of additions to properties under construction for the year ended January 2 2021 was $728 million (December 28, 2019 - 5601 million). There is a nominal amount of capitalized borrowing costs (2019 - nil) at a weighted average capitalization rate of 6.19% included in this balance Fixed Asset Commitments As at January 2, 2021, the Company had entered into commitments of $88 milion (December 28, 2018 - $128 million) for the construction, expansion and renovation of buildings and the purchase of real property - of year TIL Support WD19....docx - SC_WD19_3a_L....docx Show All Page 1 1 3883 Words LL English (Canada) 12202563/mod_resource/content/4/Case%20St... @ Up 20 77% + Fixed ASSUT Lommuments as a January 2, 2011 million (December 26, 2019 $128 million) for the construction, expansion and renovation buildings and he purchase of real property. Note 17. Goodwill The following are continuities of the cost and the accumulated impairment of boodall fo December 28, 2019: ehuary 2 2081 ang 2020 2015 8 A 940 $ 4.936 millions of Canadian dollar Cost Balance, beginning of year Business acquisitions Balance, end of year Accumulated impairment losses Balance, beginning of year Impairment losses Balance, end of year Carrying amount as at the end of the year $ 4,942 $ 4,940 $ 994 3 SW 9945 Si 3.943 SH 3048 The mountaidondvedkoch all TWD19 ca