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as at 8 November 2011 ANNUAL REPORT AND ACCOUNTS ...
https://www.wolfson.cam.ac.uk/sites/default/files/2018-08/rccawolfson1011.pdf10 Nov 2011: Land and buildings are stated at cost. Freehold buildings are depreciated on a straight line basis over their expected useful economic life of 50 years. ... Heritage assets are not depreciated since their long economic life and high residual value mean
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