14 PLANT AND EQUIPMENT

 SCHEDULE OF PLANT AND EQUIPMENT

Depreciation is recognized so as to write off the cost of assets less their residual values over their estimated useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. Estimated useful lives of plant and equipment are as follows:

 SCHEDULE OF ESTIMATED USEFUL LIVES OF PLANT AND EQUIPMENT