Schedule of Property, Plant and Equipment |
Depreciation begins when the asset becomes available for use and is calculated on a straight-line basis over the estimated useful lives of the assets, as follows:
|
|
|
|
|
|
|
Estimated Useful Life (In Years) |
|
|
Land |
N/A – indefinite |
Buildings & warehouse |
2 – 40 years |
Leasehold improvements |
Shorter of lease term or useful life |
Furniture and appliances |
5 years |
Agricultural equipment |
2 – 10 years |
Computer equipment & telecommunications networks |
3 years |
Transport equipment |
5 years |
Laboratory equipment |
3 – 20 years |
The Company has property, plant, and equipment related to land, buildings and warehouses, leasehold improvements, laboratory, and construction in progress. The additions, disposals, depreciation, and net book values are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost |
|
Land |
|
Buildings & warehouse |
|
Laboratory equipment |
|
Agricultural equipment |
|
Computer equipment |
|
Furniture & appliances |
|
Construction- in-progress |
|
Other |
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at December 31, 2018 |
|
$ |
1,439 |
|
|
$ |
2,498 |
|
|
$ |
1,573 |
|
|
$ |
41 |
|
|
$ |
324 |
|
|
$ |
104 |
|
|
$ |
624 |
|
|
$ |
84 |
|
|
$ |
6,688 |
|
Additions from business acquisitions |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
9 |
|
|
9 |
|
Additions |
|
3,259 |
|
|
2,815 |
|
|
1,763 |
|
|
1,863 |
|
|
875 |
|
|
588 |
|
|
6,826 |
|
|
687 |
|
|
18,675 |
|
Balance at December 31, 2019 |
|
$ |
4,698 |
|
|
$ |
5,313 |
|
|
$ |
3,336 |
|
|
$ |
1,904 |
|
|
$ |
1,199 |
|
|
$ |
692 |
|
|
$ |
7,450 |
|
|
$ |
780 |
|
|
$ |
25,372 |
|
Additions, net |
|
367
|
|
|
3,151
|
|
|
2,606
|
|
|
—
|
|
|
336
|
|
|
127
|
|
|
(3,162) |
|
|
240
|
|
|
3,665 |
|
Balance at December 31, 2020 |
|
$ |
5,065
|
|
|
$ |
8,464
|
|
|
$ |
5,942
|
|
|
$ |
1,904
|
|
|
$ |
1,535
|
|
|
$ |
819
|
|
|
$ |
4,288
|
|
|
$ |
1,020
|
|
|
$ |
29,037
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accumulated Depreciation |
|
Land |
|
Buildings & warehouse |
|
Laboratory equipment |
|
Agricultural equipment |
|
Computer equipment |
|
Furniture & appliances |
|
Construction- in-progress |
|
Other |
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at December 31, 2018 |
|
$ |
— |
|
|
$ |
16 |
|
|
$ |
10 |
|
|
$ |
2 |
|
|
$ |
52 |
|
|
$ |
2 |
|
|
$ |
— |
|
|
$ |
17 |
|
|
$ |
99 |
|
Depreciation (b)
|
|
— |
|
|
111 |
|
|
301 |
|
|
170 |
|
|
180 |
|
|
100 |
|
|
— |
|
|
37 |
|
|
898 |
|
Balance at December 31, 2019 |
|
$ |
— |
|
|
$ |
127 |
|
|
$ |
311 |
|
|
$ |
172 |
|
|
$ |
232 |
|
|
$ |
102 |
|
|
$ |
— |
|
|
$ |
54 |
|
|
$ |
997 |
|
Depreciation (a)
|
|
—
|
|
|
560
|
|
|
526
|
|
|
438
|
|
|
518
|
|
|
209
|
|
|
—
|
|
|
108
|
|
|
2,359
|
|
Balance at December 31, 2020 |
|
$ |
—
|
|
|
$ |
687
|
|
|
$ |
837
|
|
|
$ |
610
|
|
|
$ |
750
|
|
|
$ |
311
|
|
|
$ |
—
|
|
|
$ |
162
|
|
|
$ |
3,356
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Book Value |
|
Land |
|
Buildings & warehouse |
|
Laboratory equipment |
|
Agricultural equipment |
|
Computer equipment |
|
Furniture & appliances |
|
Construction- in-progress |
|
Other |
|
Total |
Balance at December 31, 2018 |
|
1,439 |
|
|
2,482 |
|
|
1,563 |
|
|
39 |
|
|
272 |
|
|
102 |
|
|
624 |
|
|
67 |
|
|
6,588 |
|
Balance at December 31, 2019 |
|
4,698 |
|
|
5,186 |
|
|
3,025 |
|
|
1,732 |
|
|
967 |
|
|
590 |
|
|
7,450 |
|
|
726 |
|
|
24,374 |
|
Balance at December 31, 2020 |
|
$ |
5,065
|
|
|
$ |
7,777
|
|
|
$ |
5,105
|
|
|
$ |
1,294
|
|
|
$ |
785
|
|
|
$ |
508
|
|
|
$ |
4,288
|
|
|
$ |
858
|
|
$ |
—
|
|
$ |
25,680
|
|
(a) Includes approximately $1,050 and $685 of depreciation included in inventory and cost of goods sold, respectively.
(b) Includes approximately $100 and nil of depreciation included in inventory and cost of goods sold, respectively.
Construction in progress primarily relate to on-going construction of the Company's Colombian facilities.
Certain amounts may not add due to rounding.
|