BUSI 2160U Lecture Notes - Lecture 1: Historical Cost, Interest Expense, Allstream Inc.
Document Summary
Answer the following questions, indicating where you found the information in the above referenced annual report (page number, financial statement, note number, etc. What amount of capital/fixed assets did telus report on its december 31, 2014. As per page 111 of the annual report, ,123 million net represents the net carrying amount of capital/fixed assets on the books (cost less accumulated depreciation). Provide a comparison between capital assets at december 31, 2013 and 2014. 2. the change and whether growth or decline exists. As per page 111, net capital assets grew from ,428million up to ,123milion representing a million or 8% increase. Provide a breakdown of the components of the. As per page 119, estimated useful lives for majority of capital assets is as follows: Page 119 telus assets are depreciated on a straight-line basis over their estimated useful lives as determined by a continuing program of asset life studies: review the summary of significant accounting policies.
