Revision of Depreciation Rates

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  • User warning: The following module is missing from the file system: addtoany. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: bootstrap_login_modal. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: ckeditor. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: contact. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: ctools. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: entity. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: entity_token. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: jquery_update. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: libraries. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: metatag. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: special_menu_items. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: token. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: views_bootstrap. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: views_ui. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: xmlsitemap_custom. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: pathauto. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: xmlsitemap. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: xmlsitemap_engines. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: views. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: insert. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).
  • User warning: The following module is missing from the file system: admin_menu. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1181 of /home2/hahuzone/public_html/includes/bootstrap.inc).

The depreciation rates for plant assets are initially determined based on past experience and other relevant information, but these estimates may need to be revised due to unexpected physical deterioration or obsolescence or due to improvements that extend the asset's useful life.

It is also common to need to calculate depreciation for partial years, as assets are often acquired and disposed of at times other than the beginning or end of the accounting period. Factors such as the time of year do not usually play a role in these decisions

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