From PCSAR

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	* Sierra Command Post: Class 10.1 (30%)		* Sierra Command Post: Class 10.1 (30%)
	* Pickup Truck: Class 10 (30%)		* Pickup Truck: Class 10 (30%)
		+	* Equipment Shed: Class 6 (10%)
		+	** "made of ... corrugated metal" and "the building has no footings or other base supports below ground level"

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Revision as of 21:51, 27 January 2016

Amortization Expense

PCSAR follows Canada Revenue Agency’s Classes of Depreciable Property guidelines when depreciating assets. Assets are depreciated at the specified percentage each year. 50% of the stated rate is used for assets that are purchased within the financial year.

As of 2015-08-31 fiscal year end, PCSAR classifies its equipment as:

• Class 8 (20%)
  • The majority of PCSAR's assets
  • "certain property that is not included in another class", "other equipment you use in business."
  • Radios, Satellite Phones, inReach ("electronic communications equipment")
  • Trailers: because they are not passenger vehicles and they are not motorized
• Computer: Class 46 (30%)
• Sierra Command Post: Class 10.1 (30%)
• Pickup Truck: Class 10 (30%)
• Equipment Shed: Class 6 (10%)
  • "made of ... corrugated metal" and "the building has no footings or other base supports below ground level"