Note 2. Significant Accounting Policies: Impairment of Long-lived Assets (Policies)

12 Months Ended

Dec. 31, 2013

Policies

Impairment of Long-lived Assets

Impairment of long-lived assets

Long-lived assets are reviewed for impairment when circumstances indicate the carrying value of an asset may not be recoverable.  For assets that are to be held and used, impairment is recognized when the estimated undiscounted cash flows associated with the asset or group of assets is less than their carrying value. If impairment exists, an adjustment is made to write the asset down to its fair value, and a loss is recorded as the difference between the carrying value and fair value.  Fair values are determined based on quoted market values, discounted cash flows or internal and external appraisals, as applicable. Assets to be disposed of are carried at the lower of carrying value or estimated net realizable value.  The Company reviewed the carrying value of long-lived assets and determined that no impairment needs to be recognized at December 31, 2013 and 2012.