2
BASIS OF PREPARATION AND SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
(e) Fixed assets (Continued)
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[FQZJX T[JW YMJNW JXYNRFYJI ZXJKZQ QN[JX TS F XYWFNLMY QNSJ GFXNX FX KTQQT\X
(TSYFNSJW YJWRNSFQ JVZNURJSY
^JFWX
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^JFWX
(TRUZYJW JVZNURJSY
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^JFWX
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carrying amount of the relevant asset, and is recognised in the income statement.
(f) Projects under development
5WTOJHYX ZSIJW IJ[JQTURJSY FWJ HFWWNJI FY HTXY FSI NSHQZIJ UWTOJHY IJ[JQTURJSY J]UJSINYZWJ FSI HFUNYFQNXJI NSYJWJXY
TS WJQFYJI QTFSX NSHZWWJI ZU YT YMJ IFYJ TK HTRUQJYNTS 4S HTRUQJYNTS UWTOJHYX ZSIJW IJ[JQTURJSY FWJ YWFSXKJWWJI YT
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(g) Leasehold land and land use rights
9MJ FHVZNXNYNTS HTXYX FSI ZUKWTSY UF^RJSYX RFIJ KTW QJFXJMTQI QFSI FSI QFSI ZXJ WNLMYX FWJ UWJXJSYJI TS YMJ XYFYJRJSY
TK ǩSFSHNFQ UTXNYNTS FX QJFXJMTQI QFSI FSI QFSI ZXJ WNLMYX FSI J]UJSXJI NS YMJ NSHTRJ XYFYJRJSY TS F XYWFNLMY QNSJ GFXNX
T[JW YMJ UJWNTI TK YMJ QJFXJ WNLMYX
(h) Customer relationships
(ZXYTRJW WJQFYNTSXMNUX \MNHM FWJ FHVZNWJI NS F GZXNSJXX HTRGNSFYNTS FWJ WJHTLSNXJI FY KFNW [FQZJ FY YMJ FHVZNXNYNTS
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straight-line method over the expected life of the customer relationships.
(i) Goodwill
,TTI\NQQ NX NSNYNFQQ^ RJFXZWJI FY HTXY GJNSL J]HJXX TK YMJ FLLWJLFYJ TK YMJ HTSXNIJWFYNTS YWFSXKJWWJI YMJ FRTZSY
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operation is treated as an asset of the foreign operation.
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NS[JXYRJSYX NS FXXTHNFYJI HTRUFSNJX FSI OTNSY [JSYZWJX FY YMJ IFYJ TK FHVZNXNYNTS FSI XZGOJHY YT NRUFNWRJSY YJXY
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recognised directly in the income statement.
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YT YMJ SJY FXXJYX FY YMJ IFYJ TK INXUTXFQ NSHQZINSL YMJ FYYWNGZYFGQJ FRTZSY TK LTTI\NQQ GZY ITJX STY NSHQZIJ FS^
FYYWNGZYFGQJ LTTI\NQQ UWJ[NTZXQ^ JQNRNSFYJI FLFNSXY WJXJW[JX
(j) Railway usage rights
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GFXNX T[JW YMJ UJWNTI TK TUJWFYNTS TK FUUWT]NRFYJQ^ ^JFWX
NOTES TO
THE ACCOUNTS
74
C A P I T A L I S I N G O N M O M E N T U M
