The above investments do not have quoted market prices in an active market and the fair values cannot be  reliably measured; therefore, these investments are carried at original cost.  15. OTHER MONETARY ASSETS - NONCURRENT  December 31  2009 2010 NT$ NT$ (In Millions) Piping Fund $  1,000  $  1,000  16. PROPERTY, PLANT AND EQUIPMENT, NET  As part of the government’s effort to upgrade the existing telecommunications infrastructure, Chunghwa  and other public utility companies were required by the ROC government to contribute a total of NT$1,000  million to a Piping Fund administered by the Taipei City Government. This fund was used to finance various  telecommunications infrastructure projects.  December 31 2009 2010 NT$ NT$ (In Millions) Cost Land $  102,132  $  104,136  Land improvements 1,535  1,555  Buildings 63,184  67,457  Computer equipment 16,344  16,086  Telecommunications equipment 656,016  656,301  Transportation equipment 2,113  2,373  Miscellaneous equipment 7,231  7,154  Total cost 848,555  855,062  Revaluation increment on land 5,801  5,801  854,356  860,863  Accumulated depreciation Land improvements 951  1,004  Buildings 17,395  18,603  Computer equipment 12,150  12,232  Telecommunications equipment 518,609  527,819  Transportation equipment 1,886  1,637  Miscellaneous equipment 6,030  5,897  557,021  567,192  Construction in progress and advances payments related to acquisition  of equipment 15,687  12,059  Property, plant and equipment, net $  313,022  $  305,730  Pursuant to the related regulation, Chunghwa revalued its land owned as of April 30, 2000 based on the  publicly announced value on July 1, 1999. These revaluations which were approved by the Ministry of  Auditing resulted in increases in the carrying values of property, plant and equipment of NT$5,986 million,  liabilities for land value incremental tax of NT$211 million, and stockholders’ equity - other adjustments of  NT$5,775 million.  F-35