|
|
![]() | ![]() | ![]() | ![]() |
This excerpt taken from the PWER 8-K filed Jan 5, 2007. Property, Plant and Equipment Additions and improvements are capitalized at cost, whereas expenditures for maintenance and repairs are charged to expense as incurred. Depreciation is provided over the estimated useful lives of the respective assets principally on the straight-line method (machinery and equipment normally five to ten years, buildings and improvements normally ten to forty years). |
| |||||||