Founded in 1987, Huawei is a leading global provider of information and communications

(ii) Depreciation
Depreciation is calculated to write off the 
cost of items of investment property and 
other property, plant and equipment, less 
their estimated residual value, if any, using 
the straight line method over their estimated 
useful lives as follows:
■
Buildings
30 years
■
Machinery
2 to 10 years
■
Motor vehicles
5 years
■
Electronic and other 
equipment
2 to 5 years
■
Decoration and leasehold 
improvements
2 to 15 years

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2020 Annual Report
 
       
89
Where components of an item of investment 
property and other property, plant and 
equipment have different useful lives, the 
cost or valuation of the item is allocated on a 
reasonable basis between the parts and each