Obtain the 2019 annual report of Coles Ltd and Woolworths (primarily in supermarkets) and
consider the items of property, plant and equipment. Answer the following questions using the
notes to the financial statements:
(a) What measurement method is used for these items in the reports of Coles Ltd and
Woolworths?
(2 marks)
(b) Do you think it is valid to add the measures used? How could you interpret the total
amount of this class of assets in these financial statements?
(2 marks)
(c) Are there any consistencies or inconsistencies in how property, plant and equipment are
measured by Coles Ltd and Woolworths? Explain why you think it is the case.