text: In addition, the significant characteristics of expected terms of the anticipated transaction are identified and it is probable that the 
  anticipated transaction will occur. Gains and losses on foreign exchange contracts meeting these hedge accounting criteria are deferre d 
  and included in the measurement of the related foreign currency transaction. Losses are not deferred if, however, it is estimated that the 
  d e f e rral would lead to recognition of losses in later periods. 
  
  (f) Pro p e rt y, plant and equipment 
  
  P ro p e rt y, plant, and equipment are stated at cost. Equipment under capital leases are stated at the lesser of fair value of the leased 
  equipment and the present value of future minimum lease payments. 
  
  D e p reciation is calculated using the straight-line method over the estimated useful lives of the assets. Equipment held under capital leases 
  and leasehold improvements are amortized straight line over the shorter of their estimated useful lives or the lease term. 
  
  D e p reciation and amortization rates are as follows: 
  Automated teller machines 5-7 years 
  Computers and software 3-5 years 
  Vehicles & office equipment 5 years 
  Cassettes 1 year 
  Leasehold improvements Over the lease term 
  
  (g) Goodwill and other intangible assets 
  
  Goodwill re p resents the excess of purchase price over fair value of net assets acquired. Other identifiable intangible assets are valued at 
  their fair market value at the time of purchase. 