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Former Member
Oct 22, 2008 at 11:25 AM

Depreciation for certain Category of Buildings in Netherlands

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Hello,

In one of the roll-out I have come across specific requirement in Netherlands related to depreciation charge.

APC Value - 100000

WOZ Value - 90000

Useful life of the Asset - 20 Years

WOZ Value is the Govt. determined value of the asset. Your NAV of the asset should not go down below this Value.

So effectively, the Depreciation is 500 p.a.(100000-90000).

My Book Depreciation(01) and Group depreciation(30) should post 5000 p.a.

Can you please provide any leads to handle this situation.

Thanks and Regards

Balaji