Valuation of equipment
Dear customer, before our specialist’s work begins you should send us an application according to the following example (you can find address and telephone number in the contacts unit).
The list of the documents necessary for valuation of equipment:
1. Copies of inventory cards.
2. Copies of technical certificates on the equipment:
- If they are absent – reference assured by the master mechanic (engineering specialist, the technologist), the chief accountant and the director, containing the following information;
- equipment full name (name, model, brand);
- its functional purpose;
- the basic technical characteristics (capacity, efficiency, dimension (size), etc.), which allow defining consumer properties of the equipment;
- the manufacturer (factory, city, country).
3. Certificates of actual physical deterioration of the equipment, made by specially created commission consisting of workers of the main technologist services, the master mechanic, chief ingineering specialist and other technical departments, where the technical condition of the equipment would be specified:
- new – established and not yet maintained in an excellent condition (percent of deterioration 0 %... 5 %);
- very good – completely repaired or reconstructed, in an excellent condition (percent of deterioration 10 %... 15 %);
- good - completely repaired or reconstructed (percent of deterioration 20 %... 35 %);
- satisfactory – demanding some repair or replacement of separate small parts, such as bearings, shells, etc. (percent of deterioration 40 %... 60 %);
- conditionally suitable - demanding considerable repair or replacement of main parts, such as engine and other major junction (percent of deterioration 65 … 80 %);
- unsatisfactory - demanding capital repair, such as replacement of working bodies of the basic units (percent of deterioration 85 %... 90 %);
- unfit for use – the equipment which has no prospects of sale, except as for the cost of the constituent parts (percent of deterioration of 95 %... 100 %).
All the documents (inventory cards, technical certificates, actual physical deterioration certificates and the references) should be attested with the enterprise seal, and also signatures of the chief accountant and the director.
Following types of value can be used during equipment valuation:
- market (cost on which most possibly the seller of valuated object agrees to sell it, and the buyer agrees to buy it);
- market cost in current use (the cost that considers current conditions of its operation, not taking into account its most effective utilization);
- valuated cost (calculated with the help of index method);
- book value (it is reflected at putting equipment on balance);
- investment (it is defined for certain investment projects, considering individual requirements to the investment project);
- liquidation value (it is defined at the compelled alienation);
- residual cost of the valuation objects (difference between an initial cost, cost of restoration and the cumulated deterioration);
- residual cost of object-counterpart (difference between initial cost of object-counterpart, cost of restoration of object-counterpart and the cumulated deterioration);
- restoration cost (initial cost in a current price level);
- replacement cost (initial cost of object-counterpart in a current price level);
- special (cost having restrictions at sale);
- initial cost of the valuation object (cost of a new valuation object in a basic price level);
- initial cost of object-counterpart (cost of a new object-counterpart in a basic price level);
- utilization value (cost of parts into which it is possible to divide object, taking into account expenses for division and recycling);
- scrap (scrap cost).
All listed types of value are defined without the tax to the added cost (VAT).
Total cost is expressed by one sum of money or in the form of a range of sums of money.
Total cost is underlined with rounding off.
The head of the department on equipment valuation is Krestyankin Aleksey Sergeevich.
