The settlement also allows FPL to amortize up to $1 billion of depreciation reserve
surplus and any excess depreciation reserve
surplus remaining under the 2012 rate order to earn a regulatory ROE of 9.6% to 11.6%.
The expense facts do not include interest on international loans and the Rs40 billion over draft drawn from the State Bank of Pakistan (SBP), appropriation to depreciation reserve
fund besides repayment of overseas loans on replacement and capital accounts.
1.168(i)1(e)(3)(iii)(B), the GAA treatment for the asset terminates as of the first day of the tax year in which the qualifying disposition occurs; the GAA's unadjusted depreciable basis is reduced by the asset's unadjusted depreciable basis (as of the first day of the tax year); and the GAA's depreciation reserve
is reduced by the allowable depreciation of the asset (as of the end of the tax year immediately preceding the year of disposition).
in the case of the first two, instead of crediting the asset with depreciation directly, thereby reducing the amount on the particular account, it has been found advisable to leave the purchase value intact during the whole life of the asset and to create a depreciation reserve
account that is credited and revenue debited with the amount of depreciation, with the net amount shown on the balance sheet.
22,000 crore while appropriation to Depreciation Reserve
Fund to Rs.
"After providing `5,700 crore and `14,500 crore for depreciation reserve
fund and pension fund, respectively, in the revised estimates, the total working expenses are likely to be `87,200 crore." But critics say the Budget was a fraudulent exercise aimed at window-dressing the pathetic state of the railways' finances.
* The Board of Directors establishes a unified formula for annually a) allocating funds to a depreciation reserve
to address future maintenance needs and b) for a scholarship fund to support campers who can't pay the fees.
The trust instrument requires the trustee to build up a depreciation reserve
at the rate of $12,500 per year; the building will go to Smith's son, Albert, when the trust terminates at the end of 12 years.
15,800 crore and to Depreciation Reserve
Fund at Rs.
To make up for the deficit that the railways have incurred in the last one year, the budget presented by Ms Banerjee starved the Railway Safety Fund and the Capital Fund and substantially reduced the Depreciation Reserve