This will allow the undepreciated balance to be cleared to depreciation reserves.

Funding for this work will be generated from rate revenue depreciation reserves, new loans and government subsidies.

The corresponding credit entries go to the asset account concerned, reducing the written down value, and to a depreciation reserve account.

An analysis of the Machinery and Equipment Depreciation Reserve Fund ensued.

Balances of both depreciation reserve and asset accounts are carried forward to the end of the useful life of the asset.

I would like for us to visit with you to gain a better understanding of the overall objective and direction of the NNG depreciation reserve study.

The "cash surplus" included the money available for paying dividend, contribution to the Depreciation Reserve Fund used for renewal or replacement of existing assets, and other funds for investment.

In addition, small and medium sized enterprises may make allocations to a depreciation reserve of up to 50% of the expected manufacturing or acquisition costs of future depreciable assets, with a ceiling of DEM 300,000.

The department oversees the leasing of all office space by the state agencies, whose rentals are required to be set to produce 110% debt service and reserve deposits, and 100% of operating and maintenance costs and required deposits to the capital depreciation reserve fund.

CARRIED MOVED by Councillor Jensen Seconded by Councillor Herbert, That Bylaw No. 4191, Machinery and Equipment Depreciation Reserve Fund Appropriation Bylaw, 2003, be read a third time.

The Boards' lines of defence against this - replacement costs were hypothetical and difficult to estimate, tax complications might follow - read like a weary defence of the status quo, but the Ministry did in the end accept that their creation of special ad hoc depreciation reserves did go some way to meeting the point.