Appendix 1
TABLE OF ESTIMATED USEFUL LIVES
SOURCES:
1) US Treasury Dept. Bulletin F Income Tax
Depreciation & Obsolescence Estimated Useful
Lives and Depreciation Rates
2) National Irrigation Administration
3) Department of Public Works & Highways
4) Technical Services Office, Commission on
Audit
Years
Property
I.
II.
Motor and Other Vehicles
Automobiles:
Owner Driven
Passenger
Salesman
Motor Cycle
Trucks/Pick-ups:
Field/Rural/Provincial use
Diesel & Gasoline Fuel
Light
Medium
Heavy
City/Urban use
Light
Medium
Heavy
10
5
3
4
8
8
6
10
10
8
Office Equipment
Adding Machine
Addressing & Mailing Machine
Airpot, Electric
Billing Machine
Binders loose leaf
Blue printing machine
90
10
15
3
8
20
15
Years
Property
Bookkeeping machine
Calculators
Cabinets & File
Call System
Cases
Books
Display
Chairs:
Bentwood
Heavy
Check Perforators
Check Writers
Cleaners electric vacuum
Clocks:
Time
Time Stamping
Wall
Computer (Personal)
Coolers, water
Desk
Dictation Machine
Duplicating Machine
Fans electric
Folding and sealing machine
Helmets, rescue
Hospital equipment
Lamp desk
Floor linoleum
Lockers
Mirror
Money machines
Numbering machine
Photographic machine
Racks and Stand
Rugs, carpet and mats
Safes and vaults
Scale counter and mail
91
8
10
15
14
20
20
5
16
10
8
6
15
10
20
5
10
20
6
10
10
10
6
15
10
8
25
20
10
10
16
15
10
50
20
Years
Property
III
Shades windows
Sign, board
Tables
Typewriters
Wardrobe
10
10
15
10
20
Major Heavy Equipment
Batching Plant, Concrete
Compressor, Air
Crane
Crane, Truck Mounted
Crane, Amphibious
CS AND w plant Aggregate
Excavator, Crawler Backhoe
Excavator, Crawler Gradall
Jeep Trailer
Generator Set
Grader, Road
Jeep Trailer
Loader, Crawler with Backhoe
Loader, Crawler
Loader, Wheel with Backhoe
Loader, Wheel
Mixer Concrete
Pump Centrifugal
Rig, Drilling
Roller, Static
Roller, Vibrator
Roller, Sheepfoot
Scraper, Wheel Tractor
Tractor, Crawler
Tractor, Farm
Truck, Mixer
Truck-Tractor with Trailer
Vibratory, Concrete
Dredging Machine
Compactor, Spreader
7
6
9
11
8
7
10
7
10
6
7
6
7
7
7
7
10
6
6
10
6
15
4
6
7
8
8
4
10
6
92
Years
Property
Scraper, Dozer
Service Rig
IV
8
9
Minor Heavy Equipment
Air Drill Machine
Boat, Speed
Chain, Saw
Compactor, Tamping
Drilling Machine/ Fadrig
Forklift
Motor bicycles
Pavement Breaker/ Jackhammer
Pile Hammer
Power Tiller
Pump, Booster/ SU/ Test/ Turbine/ Air
Pump, Grout
Pump, High Pressure
Pump, Propeller
Pump, Monitor
Pump, Triplex, Duplex
Rock Drill
Tanker, Fuel
Tanker, Water
Tank Trailer, Water
Truck Lubricating
Truck, Repair Shop Mobile
Truck, Bridge
Truck, Oil Field with Boom
Weed Cutter
Welding Machine
Gate Machine
Desander
Amphibian Truck
Rice Tresher
Mech. Rice Drier
Trailer, Towed Type
Fire Truck
93
5
4
3
4
6
8
5
9
14
8
6
13
5
6
5
15
9
8
8
10
9
9
8
8
3
4
10
11
8
6
6
10
8
Years
Property
Compressor, Gasoline
Portable Rice Mill
V
6
10
Buildings
Concrete
Structural Steel columns and Beams
Reinforced Concrete Columns, Beams and Wall,
Floor
CHB Walls
Mixed Concrete
Concrete Columns, Beams, Walls with Wooden
Floor and Roof Frame
Concrete Columns, Beams CHB Wall, Wooden
Frame
Concrete Columns, Wooden Beams and Frame
Strong Materials
First Group Wood Structure, Chb Wall, Gi Roof
First Group Wood Structure, Tanguile Floor
Third Group Wood Structure
Substandard Wooden Structure
Temporary/Makeshift – Barong - barong
VI
50
50
40
30
30
30
25
25
25
10
5
Other Assets
Air-conditioning Unit
Photographic Machine
Plumbing
Power Plant
Power Transmission Line
Railroads:
Rails
Ties
Refrigerator
Sawmill
Sewing Machine
Steamship freight:
Ocean Going
10
26
20
20
10-15
20
8
10
20
10
20
94
Years
Property
Closing machine, can
Cutters, Paper
Gluing Machine, box or carton
Crusher
Pulverizer (cement)
Truck (quarry)
Automobile tank car
Railroad tank car
Water Tower, cooling
Foundries
Motor:
AC
DC
95
15
15
20
25
25
15
10
25
15
25
15
12