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On 11 June, the Ministry of Finance announced that the depreciation of idle fixed assets should be calculated as follows:
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For companies adopting the "working-hour method" or "units-of-production method" as their depreciation method, there should be no depreciation since the assets have not been used during the accounting period; or
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For companies adopting the "straight-line method," "sum-of-the-years'-digits method" or other depreciation method approved by the authority, depreciation should be calculated on the basis of actual cost less depreciation using the same depreciation method over the useful life.
