Vinh Thai, CEO of Dilmah Ltd, has an older brother, Rai Thai, who currently lease his property to Dilmah Ltd at a price lower than market rate. The rent on the Dilmah's premise is currently $6,000 per fortnight. 6 The additions and disposals of fixed assets (PPE) during 2022 have not been significant. The factory was acquired four years ago at $6 million with an estimated useful life of 30 years. Since that date no independent valuation has been carried out. The finance director has assured you that the current market value of the factory is not less than $5.4 million.

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