Annex A TABLE OF ESTIMATED USEFUL LIFE OF PROPERTY, PLANT AND EQUIPMENT Property, Plant and Equipment • • • • • Land Improvements Land Improvements Runways/taxiways Railways Electrification, Power and Energy Structures Buildings – those that are predominantly Wood Mixed Concrete Estimated Useful Life (in years) 10 20 40 10 10 20 30 Leasehold Improvements (Note 1) Land Building Wood Mixed Concrete 10 20 30 Office, Equipment, Furniture and Fixtures Office Equipment Furniture and Fixtures IT Equipment - Hardware Library Books 5 10 5 5 Machineries and Equipment Machineries Agricultural, Fishery and Forestry Airport Equipment Communication Equipment Construction and Heavy Equipment Firefighting Equipment and Accessories Hospital Equipment Medical, Dental and Laboratory Equipment Military and Police Equipment 10 10 10 10 10 10 7 10 10 10 Property, Plant and Equipment • • Sports Equipment Technical and Scientific Equipment Other Machineries and Equipment Estimated Useful Life (in years) 10 10 10 Transportation Equipment Motor Vehicles Trains Aircraft and Aircraft Ground Equipment Watercrafts Other Transportation Equipment 10 10 Other Property, Plant and Equipment 5 7 10 10 Note 1 - The estimated useful life shall depend on the length of the lease. It shall be the period of the lease or the estimated useful life of the assets, as given, whichever is shorter.
