India - Unorganised Manufcture, July 1994-June 1995, NSS 51st Round

Reference ID

IND-NSSO-51-Rnd-Sch2.2-UM-1995

Year

1994 - 1995

Country

India

Producer(s)

NSSO - Ministry of Statistics and PI, Government of India

Sponsor(s)

Ministry of Statiistics and PI - MOSPI, Government of India -

Collection(s)

Enterprises Surveys

Created on

Jan 17, 2018

Last modified

Mar 27, 2019

Page views

321297

Depreciation (B4_q10)
File: R-FIXED ASSETS-RC1

Overview

Type: Continuous
Format: numeric
Width: 7
Decimals: 0
Range: 0-1326000

Valid cases: 588799
Invalid: 122931
Minimum: 0
Maximum: 1326000
Mean: 981.1
Standard deviation: 10022.2

Definition

Assets are subject to diminution in working capacity or value with the passage of time. This gradual reduction in the value of an asset due to wear and tear as in the case of physical assets like building, machinery etc.is defined as depreciation.

Questions and instructions

Literal question

Depreciation

Interviewer instructions

The depreciation provided for the reference year is to be recorded in col.10. Where the enterprise was following a system of depreciation but provision has not been made for a number of years together, the estimate of the depreciation is to be made on
the basis of the system followed. If no depreciation has ever been allowed for an item of fixed asset, annual rate of depreciation may be estimated as (a) - (b), where (a) and (b) are as follows :

(a) purchase price + installation cost (or cost of construction)

(b) estimated working life in years.