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February 2012

Bharat Heavy Electricals Ltd. (31-3-2011)

By Himanshu Kishnadwala, Chartered Accountant
Reading Time 1 mins
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From Significant Accounting Policies

Depreciation
At erection/project sites: The cost of roads, bridges and culverts is fully amortised over the tenure of the contract, while sheds, railway sidings, electrical installations and other similar enabling works (other than purely temporary erections, wooden structures) are so depreciated after retaining 10% as residual value.

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