IFRS DEPRECIATION METHOD

Depreciation Entries			2011
Sl.No.	Asset Name	Asset Classification	Date Of Purchase	Value from depreciation	Rate of Depreciation	Depreciation for 2011	Asset Value
				(A)	(B)	(A)*(B)=©	(A)-©
1	Pick Up (C2A1076)	Motor Vehicles	26.11.00	15,801.90	20%	3160.38	12,641.52
2	Pick Up (C1A1330)	Motor Vehicles	20.10.03	24,173.17	20%	4834.63	19,338.54
3	Van (B1A4505)	Motor Vehicles	01.02.07	75,264.00	20%	15052.80	60,211.20
4	Lorry (C2A1925)	Motor Vehicles	06.10.08	198,062.22	20%	39612.44	158,449.78
5	Truck(C2A1930)	Motor Vehicles	20.10.08	230,533.33	20%	46106.67	184,426.66
6	Pick Up (C2A1841)	Motor Vehicles	17.01.08	119,068.44	20%	23813.69	95,254.75
7	Pick Up (C2A1999)	Motor Vehicles	22.07.10	287,783.33	20%	57556.67	230,226.66
TOTAL						190,137.28	760,549.12
8	Laser Printer	Office Equipments	01.01.08	17,408.00	20%	3481.60	13,926.40
9	Color Printer	Office Equipments	01.01.08	332.80	20%	66.56	266.24
10	Photo Copy Machine	Office Equipments	01.03.09	10,666.67	20%	2133.33	8,533.34
11	A/c 18000BTU	Office Equipments	01.02.10	10,208.34	20%	2041.67	8,166.67
12	A/c 24000BTU	Office Equipments	01.02.10	13,475.00	20%	2695.00	10,780.00
13	A/C9000BTU	Office Equipments	01.02.10	13,883.34	20%	2776.67	11,106.67
14	A/C12000BTU	Office Equipments	01.02.10	8,575.00	20%	1715.00	6,860.00
15	Fax Machine	Office Equipments	01.06.10	14,486.67	20%	2897.33	11,589.34
16	Projector	Office Equipments	10.02.11	23,000.00	20%	4063.33	18,936.67
17	Phone	Office Equipments	20.02.11	1,340.00	20%	229.28	1,110.72
18	Television	Office Equipments	17.05.11	12,200.00	20%	1518.22	10,681.78
TOTAL						23,617.99	101,957.83
19	File Rack	Furniture & Fixtures	01.01.07	2,785.28	20%	557.06	2,228.22
20	Table	Furniture & Fixtures	01.02.09	25,632.00	20%	5126.40	20,505.60
21	Chair High Back	Furniture & Fixtures	01.02.09	8,271.20	20%	1654.24	6,616.96
22	File Cabinet	Furniture & Fixtures	01.06.09	2,084.67	20%	416.93	1,667.73
23	Round Table	Furniture & Fixtures	01.04.10	7,437.50	20%	1487.50	5,950.00
24	Chair	Furniture & Fixtures	01.02.10	36,750.00	20%	7350.00	29,400.00
25	Table	Furniture & Fixtures	03.02.11	3,400.00	20%	613.00	2,787.00
26	Wifi Link Server	Furniture & Fixtures	17.12.11	6,417.00	20%	23.83	6,393.17
TOTAL						17,228.96	75,548.69
27	Computer System	Computers & Accessories	01.09.10	100,516.81	33.33%	33502.25	67,014.56
28	Computer System	Computers & Accessories	16.11.11	7,700.00	33.33%	313.66	7,386.34
29	Software Application	Computers & Accessories	07.12.11	8,937.43	33.33%	198.53	8,738.90
30	External Hard Disk	Computers & Accessories	07.12.11	2,634.08	33.33%	58.52	2,575.56
TOTAL						34,072.96	85,715.36
GRAND TOTAL						265,057.20	1,023,770.99