Tangible non-current Assets参考.ppt

Separate components with different useful lives in a complex asset should be capitalised as separate assets and each depreciated over their useful lives. E.g. Plane: seats and fabrics Vehicle: engine Building: roof Continued Government grants（政府补助） assistance by government in the form of transfers of resources to an entity in return for past or future compliance with certain conditions relating to the operating activities of the entity. They exclude those forms of government assistance which cannot reasonably have a value placed upon them and transactions with government which cannot be distinguished from the normal trading transactions of the entity. Continued Grants related to assets (capital grants) government grants whose primary condition is that an entity qualifying for them should purchase, construct or otherwise acquire long-term assets. Subsidiary conditions may also be attached restricting the type or location of the assets or the periods during which they are to be acquired or held. Grants related to income (revenue grants) government grants other than those related to assets. Continued Grants related to assets reducing the deferred income balance ( if gross method is used). increasing the carrying amount of the asset and cumulative additional depreciation should be recognised immediately as an expense ( if net method is used). Rate of interest used The specific borrowing costs if specific borrowings (less any investment income on the temporary investment of the borrowings) The weighted average cost of general borrowings if no specific borrowings F7 * Capitalisation Commencement when expenditure is being incurred, and borrowing costs are being incurred, and activities in preparing the asset are in progress. Cessation when substantially all the activities in preparing the asset are complete. Suspension during periods in which active development is interrupted.(因管理决策或不可预见等原因形成的非正常中断或连续中断时间较长) F7 * Test5, p218 5, Jun10 Disclosure requirements A