BAHRAIN'S PEARL OF GREAT PRIDE - Batelco Group

72 Batelco - Annual Report 20103. SIGNIFICANT ACCOUNTING POLICIES (Continued)associate, the carrying amount of that interest (including any long-term investments) is reduced to nil and the recognition of further(iii) Acquisitions of entities under common control(iv) Transactions eliminated on consolidationTransactions in foreign currencies are translated to the respective functional currencies of Group entities at exchange rates at the(c) Property and equipment(i) Recognition and initial measurementof an item of property and equipment have different useful lives, they are accounted for as separate items (major components) of