Uster Technologies Ltd | Annual Report 2009 Uster Technologies ...

The useful lives of the intangible assets are as follows:Useful Life in YearsSoftware 5Customer base 20Technology 10USTER ® STATISTICS 25Trademarkindefinite3.5 Property, Plant and EquipmentProperty, plant and equipment including land and buildings are stated at cost less accumulated depreciationand accumulated impairment. Such cost includes expenditure directly attributable to the acquisition of theproperty, plant and equipment.The cost of replacing part of property, plant and equipment is included in the carrying amount of the itemif it is probable that the future economic benefits associated with the item will flow to the Group and the costcan be measured reliably. The cost for all other repairs and maintenance is charged to the Statement of ComprehensiveIncome as incurred.Depreciation is calculated using the straight-line method over the estimated useful lives of the assets. Landis not depreciated.The useful lives of property, plant and equipment are as follows:Useful Life in YearsBuildings 25Plant and machinery 3–5Office equipment 3–5IT and communication equipment 2–6Vehicles 4–5The residual values and useful lives of property, plant and equipment are reviewed and adjusted, if appropriate,at the end of each financial year.The carrying values of property, plant and equipment are reviewed for impairment when events or changesin circumstances indicate that the carrying value may not be recoverable.Items of property, plant and equipment are derecognized upon disposal or when no future economicbenefits are expected from their use or disposal. Any gains or losses on disposals are recognized within“Other income” or “Other expenses” in the Statement of Comprehensive Income.Uster Group – Notes to the Consolidated Financial Statements 2009 63