Page 59 - 2023 CPC Corporation,Taiwan

liabilities of an associate recognized at the date of acquisition, this excess is recognized as goodwill, which is included in the carrying amount of the investment and is not amortized. If the Company’s
The entire carrying amount of the investment (including goodwill) is tested for impairment as a single asset by comparing its recoverable amount with its carrying amount. Any impairment loss recognized is deducted from the carrying amount of the investment. Any reversal of that impairment loss is recognized to the extent that the recoverable amount of the investment subsequently increases.
associate that are not related to the Company.
(h) Property, plant and equipment
(i) Recognition and measurement
Items of property, plant and equipment are measured at cost less accumulated depreciation and accumulated impairment losses. Cost includes professional fees and borrowing costs eligible for capitalization.

total cost of the item shall be depreciated separately unless the useful life and depreciation method of

The gain or loss arising from the derecognition of an item of property, plant and equipment is determined as the difference between the net disposal proceeds, if any, and the carrying amount of
(ii) Subsequent cost
Subsequent expenditure is capitalized only when it is probable that future economic benefits associated with the expenditure will flow to the Company. The carrying amount of those parts of incurred.
(iii) Depreciation

equipment when completed and ready for intended use.
Depreciation of the equipment in oil and gas production mine is computed using the unit-of-output method. Depreciation of the remaining property, plant and equipment is computed using the straight- and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimates accounted for prospectively.
On derecognition of an item of property, plant and equipment, the difference between the sales

(i) Lease
(i) Lease
1) Identifying a lease
At inception of a contract, the Company assesses whether a contract is, or contains, a lease. A

asset for a period of time in exchange for consideration. To assess whether a contract conveys the

and should be physically distinct or represent substantially all of the capacity of a physically

and
b) the Company has the right to obtain substantially all of the economic benefits from use of the asset throughout the period of use; and
c) the Company has the right to direct the use of the asset when it has the decision-making rights that are most relevant to changing how and for what purpose the asset is used. In rare cases where the decision about how and for what purpose the asset is used is predetermined, the Company has the right to direct the use of an asset if either:
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