XML 60 R34.htm IDEA: XBRL DOCUMENT v3.20.1
Accounting policies (Tables)
12 Months Ended
Dec. 31, 2019
Accounting policies  
Schedule of Estimated useful lives

Rates are determined based on the estimated useful lives of the assets as follows:

 

 

 

 

Buildings

    

5 to 40 years

Plant and equipment

 

4 to 40 years

Distribution system

 

3 to 40 years

Office furniture, fixtures and equipment

 

3 to 10 years

Vehicles

 

3 to 10 years

Leasehold improvements

 

Shorter of 5 years or lease term

Lab equipment

 

5 to 10 years

 

Schedule of Estimated fair value of reporting segment

The respective weightings the Company applied to each method as of December 31, 2019 were consistent with those used as of December 31, 2018 and were as follows:

 

 

 

 

 

 

 

 

 

Method

    

Retail

    

Bulk

    

Manufacturing

 

Discounted cash flow

 

80

%  

80

%  

80

%

Guideline public company

 

10

%  

10

%  

10

%

Mergers and acquisitions

 

10

%  

10

%  

10

%

 

 

100

%  

100

%  

100

%

 

Schedule of Disaggregation of revenue

The following table presents the Company’s revenue disaggregated by revenue source.

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

    

2019

    

2018

Retail revenue

 

 

26,456,022

 

 

25,621,048

Bulk revenue

 

 

26,986,108

 

 

31,031,287

Services revenue

 

 

1,759,446

 

 

1,811,372

Manufacturing revenue

 

 

13,592,075

 

 

7,256,150

Total revenue

 

$

68,793,651

 

$

65,719,857