PQ and WX are similar sized entities and operate in the same industry within Country X .

Depreciation of warehouses being charged to cost of sales by PQ and distribution costs by WX.

Operating lease rentals for plant and equipment being charged to administration expenses by PQ and distribution costs by WX.

Year end review of equipment resulting in WX charging an impairment loss while PQ's equipment is not impaired.

Increased prices for raw materials, which was passed on to customers by both entities.