useful economic life

As a result, a growing portion is ageing beyond its useful economic life.

They should then be amortised against profit over their useful economic life.

Assets are depreciated over their expected useful economic lives using the straight line method.

This change in estimated useful economic life is applied prospectively from January 1, 2012.

Depreciation is to be based on the shorter of the lease term and useful economic life.

They have further indicated that these capital assets will have, on average, a useful economic life of about seven years.

Plant and equipment are depreciated over their useful economic lives as follows:

Of course, if glasshouses are developed before that time which have a useful economic life exceeding 25 years, they will necessarily be outside this agreement.

If goodwill is treated as an asset it should be amortised systematically over the period of its useful economic life.

Each acquisition is separately evaluated for the purposes of determining its useful economic life, which shall not exceed twenty years.

The biggest corporate expenditure is accelerated depreciation, which lets companies write off the cost of an asset more quickly than its useful economic life.

Goodwill arising on acquisitions is capitalised and then amortised over its useful economic life.

Goodwill (actual and contingent) arising on the acquisition will be amortised over its useful economic life of 20 years.

Under full accrual accounting, capital expenditures are amortized over their useful economic life rather than expensed in the year of acquisition.

Depreciation is a measure of the consumption, use or wearing out of an asset over the period of its useful economic life.

In 1987, the federal government reduced many CCA rates to reflect more accurately what it believed were the useful economic lives of certain assets.

They include non-cash items such as depreciation (the allocation of the cost of consumption of an asset over its useful economic life).

Intangible assets are recognized as assets and are amortized using the straight-line basis over their estimated useful economic life.

Lease term less than 75% of the motor vehicles useful economic life as determined by Inland Revenue Department guidelines:

Intangible assets are amortised over the useful economic life and assessed for impairment whenever there is an indication that the intangible asset may be impaired.

Additional charge to reflect revision of useful economic life of assets at Machu Picchu Sanctuary Lodge.

As a result, it is more appropriate for the estimated useful economic life for this asset class to be amended to 10 years, regardless of remaining lease life.

Older aircraft falling into this group are expected to reach the limits of their useful economic life in commercial passenger-carrying service within the compliance window which is to be provided.

It was noted that while a patent may exist for 20 years, its useful economic life is much shorter because of the frequent and rapid advances of biotechnology research.

Due to market and technological changes, the useful economic life of plant and equipment is shorter and there is a need to turnover this capital stock much more quickly.