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5.6 Cost to obtain a contract

The Group recognise commission paid to obtain a customer contract as an asset and

amortised to expenses on a systematic basis that is consistent with the pattern of revenue
recognition. An impairment loss is recognised to the extent that the carrying amount of an
asset recognised exceeds the remaining amount of consideration that the entity expects to

receive less direct costs. Provided that the amortisation period of the asset that the Group
otherwise would have used is one year or less, costs to obtain a contract are immediately
recognised as expenses.

5.7 Investments in subsidiaries, joint ventures and associates

Investments in joint ventures and associates are accounted for in the consolidated financial
statements using the equity method.

Investments in subsidiaries, joint ventures and associates are accounted for in the separate
financial statements using the cost method.

5.8 Investment properties

Investment properties are measured initially at cost, including transaction costs. Subsequent
to initial recognition, investment properties are stated at cost less accumulated depreciation

and allowance for loss on impairment.

Depreciation of investment properties is calculated by reference to their costs on the straight-line
basis over estimated useful lives of 5 - 50 years. Depreciation of the investment properties is
included in determining income. No depreciation is provided on land and construction in progress.

On disposal of investment properties, the difference between the net disposal proceeds and

the carrying amount of the asset is recognised in the income statement in the year when
the asset is derecognised.

5.9 Property, plant and equipment/Depreciation

Land is stated at cost. Buildings and equipment are stated at cost less accumulated
depreciation and allowance for loss on impairment (if any).

Depreciation of buildings and equipment is calculated by reference to their costs on

the straight-line basis over the following estimated useful lives:

Land improvement - 5 - 20 years
Buildings - 3 - 50 years
Fixtures and equipment - 3 - 10 years

Utility systems - 2 - 20 years
Motor vehicles - 5 - 15 years
Other assets - 3, 5 years

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