SMRT

[lonewolf]

I check with the depreciation policy of SMRT, rolling stock depreciation is 15 to 30 years, while signalling is 3 to 30 years. I assume the rolling stock mean related stuff like resleepring etc. Depreciating the expense by 16 years is possible, which normally been done in 20-25 years

Rolling stock actually refers to the train.

The sleepers should be part of the track infrastructure or refer to as P-Way (or Permanent Way). Not sure if SMRT depreciation policy mention anything about P-Way.

I have a question though. If the rail infrastructure assets does not belong to SMRT, why do they have a depreciation policy on those items? So does this mean the trains (the older batch) and the P-way and the signalling equipment belongs to SMRT?

Its a little confusing when MRTC (the statutory board) becomes SMRT (the pte ltd company), did those assets went to SMRT? Maybe need to go and dig out a copy of SMRT prospectus to have a better idea.