Haier 2009 Annual Report Download - page 76
Download and view the complete annual report
Please find page 76 of the 2009 Haier annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66 -
67 -
68 -
69 -
70 -
71 -
72 -
73 -
74 -
75 -
76 -
77 -
78 -
79 -
80 -
81 -
82 -
83 -
84 -
85 -
86 -
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
 |
 |
31 December 2009
NOTES TO FINANCIAL STATEMENTS 財務報表附註
HAIER ELECTRONICS GROUP CO., LTD ANNUAL REPORT 2009
74
2.4 Summary of Significant Accounting
Policies (Cont’d)
Property, plant and equipment and depreciation (Cont’d)
An item of property, plant and equipment and any significant part
initially recognised is derecognised upon disposal or when no future
economic benefits are expected from its use or disposal. Any gain or
loss on disposal or retirement recognised in the income statement
in the year the asset is derecognised is the difference between the
net sales proceeds and the carrying amount of the relevant asset.
Construction in progress represents a building under construction
and equipment and tools pending installation. It is stated at cost
less any impairment losses, and is not depreciated. Cost comprises
the direct costs of construction during the period of construction.
Construction in progress is reclassified to the appropriate category
of the property, plant and equipment when completed and ready
for use.
Investment properties
Investment properties are interests in buildings held to earn rental
income and/or for capital appreciation, rather than for use in the
production or supply of goods or services or for administrative
purposes; or for sale in the ordinary course of business. Such
properties are measured initially at cost, including transaction costs.
Subsequent to initial recognition, investment properties are stated
at cost less accumulated depreciation and any impairment losses.
Depreciation is calculated on the straight line method to write off
the cost of each investment property over its estimated useful life.
The principal annual rate used for this purpose is 5%.
Any gains or losses on the retirement or disposal of an investment
property are recognised in the income statement in the year of the
retirement or disposal.
Intangible assets (other than goodwill)
Intangible assets acquired separately are measured on initial
recognition at cost. The cost of intangible assets acquired in a
business combination is the fair value as at the date of acquisition.
The useful lives of intangible assets are assessed to be either finite
or indefinite. Intangible assets with finite lives are subsequently
amortised over the useful economic life and assessed for impairment
whenever there is an indication that the intangible asset may be
impaired. The amortisation period and the amortisation method for
an intangible asset with a finite useful life are reviewed at least at
each financial year end.
2.4
5%