Annual report pursuant to Section 13 and 15(d)

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)

v3.21.1
PROPERTY, PLANT AND EQUIPMENT, NET (Tables)
 12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
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.