|
|
 | | | |
- close
- close
- close
- close
| |||||||||
This excerpt taken from the ELN 20-F filed Feb 26, 2009. (h) Property,
plant and equipment
Property, plant and equipment are stated at cost less
accumulated depreciation and impairment losses. Depreciation is
computed using the straight-line method based on estimated
useful lives as follows:
Land is not depreciated as it is deemed to have an indefinite
useful life.
Where events or circumstances indicate that the carrying amount
of a tangible asset may not be recoverable, we compare the
carrying amount of the asset to its fair value. The carrying
amount of the asset is not deemed recoverable if its carrying
value exceeds the sum of the undiscounted cash flows expected to
result from the use and eventual disposition of that asset. In
such event, an impairment loss is recognized for the excess of
the carrying amount over the asset’s fair value.
This excerpt taken from the ELN 20-F filed Feb 28, 2008. (g) Property,
plant and equipment
Property, plant and equipment are stated at cost less
accumulated depreciation and impairment losses. Depreciation is
computed using the straight-line method based on estimated
useful lives as follows:
Land is not depreciated as it is deemed to have an indefinite
useful life.
Table of Contents
Elan
Corporation, plc
NOTES TO
THE CONSOLIDATED FINANCIAL
STATEMENTS — (Continued)
Where events or circumstances indicate that the carrying amount
of a tangible asset may not be recoverable, we compare the
carrying amount of the asset to its fair value. The carrying
amount of the asset is not deemed recoverable if its carrying
value exceeds the sum of the undiscounted cash flows expected to
result from the use and eventual disposition of that asset. In
such event, an impairment loss is recognized for the excess of
the carrying amount over the asset’s fair value.
This excerpt taken from the ELN 20-F filed Mar 30, 2006. (g) Property,
plant and equipment
Property, plant and equipment are stated at cost less
accumulated depreciation and impairment losses. Depreciation is
computed using the straight-line method based on estimated
useful lives as follows:
Land is not depreciated as it is deemed to have an indefinite
useful life.
Where events or circumstances indicate that the carrying amount
of a tangible asset may not be recoverable, we compare the
carrying amount of the asset to its fair value. The carrying
amount of the asset is not deemed recoverable if its carrying
value exceeds the sum of the undiscounted cash flows expected to
result from the use and eventual disposition of that asset. In
such event, an impairment loss is recognized for the excess of
the carrying amount over the asset’s fair value.
| EXCERPTS ON THIS PAGE:
|
| |||||||
