METHODS OF CALCULATING DEPRECIATION EXPENSES OF CONSTRUCTION MACHINERY
Abstract
Depreciation expenses
represent a significant part of total expenses of construction machinery.
Precise calculation of depreciation expenses is often difficult or impossible.
Straight line method of depreciation, which is commonly used in the calculation
of ownership costs of construction machinery, does not give accurate results.
This paper analyzes methods of depreciation expenses calculation, as well as
their impact on the overall expanses of construction machinery and the impact
on the cost per unit of material processed.
Keywords
References
P. Petronijevic, “Optimizacija izbora gradjevinskih masina”, PhD thesis, Belgrade, 2011..
Gunnar L. Christine M. Anderson, Michael Vorster, “Statistical Considerations for Predicting Residual Value of Heavy Equipment”, Journal of Construction Engineering and Management, ASCE, July 2006 page 723 – 732
USACE, “Construction Equipment
Owner¬ship and Operating Expense Schedule”,
2007.