Notes to CoNsolidated FiNaNCial statemeNts (In thousands of dollars except as noted and per share amounts) 3.  SIGNIFICANT ACCOUNTING POLICIES (CONTINUED): (r)  New standards and interpretations not yet adopted (continued): (iv) IAS 36, I mpairment of assets:  The IASB has issued amendments to IAS 36,  Impairment of assets , to reverse the unintended requirements  in IFRS 13,  Fair Value Measurements , to disclose the recoverable amount of every cash-generating unit to  which significant goodwill or indefinite-lived intangible assets have been allocated. Under the amendments,  recoverable amount is required to be disclosed only when an impairment loss has been recognized or  reversed.The amendments apply retrospectively for annual periods beginning on or after January 1, 2014.  The Company intends to adopt the amendment in its consolidated financial statements for the annual period  beginning September 28, 2014.The extent of the impact of adoption of IAS 36,  Impairment of assets , on the  consolidated financial statements of the Company has not yet been determined. IFRS 9 is a new standard which will ultimately replace IAS 39,  Financial Instruments: Recognition and  Measurement , with a proposed single model for only two classification categories: amortized cost and fair  value.This standard becomes mandatory for the years commencing on or after January 1, 2015 with earlier  application permitted. The extent of the impact of adoption of IAS 39,  Financial Instruments: Recognition and  Measurement  on the consolidated financial statements of the Company has not yet been determined. (v) IFRS 9,  Financial instruments: Depreciation and amortization expenses were charged to the consolidated statements of earnings as follows: 4.  DEPRECIATION AND AMORTIZATION EXPENSES: For the years ended September 28, September 29, 2013 2012 $ $ Depreciation of property, plant and equipment: Cost of sales  11,895 11,237 Administration and selling expenses  462 447 12,357 11,684 Amortization of intangible assets: Administration and selling expenses  230 177 Total depreciation and amortization expenses  12,587 11,861 Rogers Sugar Inc. 56