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EXCEL - IDEA: XBRL DOCUMENT - Novagen Ingenium Inc.Financial_Report.xls
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v2.4.0.6
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2012
Summary Of Significant Accounting Policies Tables  
Property and Equipment

The Company has property and equipment being depreciated over the period between two to thirty-five years. Depreciation on property and equipment is provided on a straight line basis over their expected useful lives as follows:

 

Computer equipment 2 years straight line
Property improvements 10 to 35 years straight line
Plant & Equipment 7 years straight line
Motor Vehicles     7 years diminishing value
Office Furniture & Equipment 5 years straight line