| (k) | Investment property |
Property held for the purpose of earning rentals or benefiting from capital appreciation is classified as investment property. Investment property is measured initially at its cost. Transaction costs are included in the initial measurement. Subsequently, investment property is carried at depreciated cost less any accumulated impairment losses.
The estimated useful lives for the current and comparative years are as follows:
|
Descriptions |
Depreciation method |
Useful lives | ||
|
Buildings |
Straight-line | 40 years |