ghd iv styler an insider said mainly because the GHD existence of a large number of extended service equipment, these devices has been used accelerated depreciation method to mention fully depreciated, so their book value is zero. In early 2007, the general equipment of GHD original price of 57.8 million yuan, a quarter, however, only the provision of such fixed assets 25 million of depreciation expense. In view of the current of GHD fixed assets increase or decrease the amount of small, we ignore the change of the base, so a rough estimate of only 1.73% of the GHD common equipment annual depreciation rate.
In accordance with the disclosure of accounting policies and accounting estimates, the annual depreciation of such assets was 9.08% -19.98 %. Under the premise of no less depreciation, you can determine the ghd nz 81% to 91% of the general equipment have been fully depreciated to continue to use that book value of equipment. In addition, the total depreciation from GHD, you can learn these devices, at least at the end of 2005 have already exceeded the estimated useful life for accounting purposes and to mention fully depreciated the
So, the revaluation is too robust in ghd corporate accounting policies and accounting estimates a correction? According to the bulletin introduced, GHD is China's earliest development, the military enterprises of the production of alkaline batteries, the battery capacity of up to 60 million,http://www.hairstraightenerso.net/ and the output value up to more than 650 million yuan. Reported from the fiscal point of view, however, GHD annual revenues of 137 million yuan, we can see, the product sales and its production capacity in GHD pole does not match, the device can exceed the service life is likely only because of the use of less.
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