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  2. Consolidated Income & Expenditure Account

    https://www.sel.cam.ac.uk/sites/default/files/assets/about/financial/Accounts_2013_Final.pdf
    27 Nov 2013: The College has responded to a difficult economic context in an effective yet measured manner. ... Freehold buildings are depreciated on a straight-line basis over their expected useful economic life of 50 years.

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