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All property, plant and equipment are initially stated at cost. Freehold land and buildings are subsequently shown at fair value, based on

periodic, but at least once in every fve years, valuations by external independent valuers, less subsequent depreciation and impairment losses. Any accumulated depreciation at the date of revaluation is eliminated against the gross carrying amount of the asset, and the net amount is restated to the revalued amount of the asset. All other property, plant and equipment are stated at cost less accumulated depreciation and impairment losses. The cost of an item of property, plant and equipment initially recognised includes its purchase price and any cost that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Subsequent costs are included in the asset’s carrying amount or recognised as a separate asset, as appropriate, only when it is probable

that future economic benefts associated with the item will fow to the Group and the cost of the item can be measured reliably. The carrying amount of the replaced part is derecognised. All other repairs and maintenance are recognised as expenses in proft or loss during the fnancial period in which they are incurred.

When an asset’s carrying amount is increased as a result of revaluation, the increase is recognised in other comprehensive income

as a revaluation reserve. When the asset’s carrying amount is decreased as a result of a revaluation, the decrease is recognised in proft or loss. However, the decrease is recognised in other comprehensive income to the extent of any credit balance existing in the revaluation reserve of that asset.

Freehold land is not depreciated as it has an infnite life. Leasehold land classifed as fnance lease (see accounting policy Note 4(k)(i)

on fnance leases) is amortised in equal instalments over the period of the respective leases that range from 50 to 999 years. Other property, plant and equipment are depreciated on the straight-line basis to write off the cost of the property, plant and equipment, or their revalued amounts, to their residual values over their estimated useful lives at the following annual rates:

Buildings 2% Renovation 10% Medical and other equipment 7.5% - 25% Furniture and fttings 10% - 20% Motor vehicles 20% Computers 20% - 30%

The residual values and useful lives of property, plant and equipment are reviewed, and adjusted if appropriate, at the end of the

reporting period. The effects of any revision of the residual values and useful lives are included in the proft or loss for the fnancial year in which the changes arise.

At the end of the reporting period, the Group assesses whether there is any indication of impairment. If such indications exist, an

analysis is performed to assess whether the carrying amount of the asset is fully recoverable. A write down is made if the carrying amount exceeds the recoverable amount. See accounting policy Note 4(f) on impairment of non-fnancial assets.

Investment properties, comprising principally leasehold land, are held for long term rental yields or for capital appreciation or both, and

are not occupied by the Group.

Investment property is stated at fair value, representing open market value determined annually by external valuers. Fair value is based

on active market prices, adjusted, if necessary, for any difference in the nature, location or condition of the specifc asset. If this information is not available, the Company uses alternative valuation methods such as recent prices on less active markets or discounted cash fow projections. Valuations are performed as of the end of the reporting period by professional valuers who hold recognised and relevant professional qualifcations and have recent experience in the location and category of the investment property being valued.

The fair value of investment property refects, among other things, rental income from current leases and assumptions about rental

income from future leases in the light of current market conditions. The fair value of investment property does not refect future capital expenditure that will improve or enhance the property and does not refect the related future benefts from this future expenditure other than those a rational market participant would take into account when determining the value of the property.