CG76743 - Wasting assets: plant and machinery: estimating predictable life

If you have to estimate the predictable life, see CG76704, of an item of plant or machinery, you have to make certain assumptions.

You assume that:

• the predictable life will end when the item of plant or machinery is unfit for further use
• it is put out of use then
• it will be used normally and not overused
• it will be used through its life in this way.

CG76900+ tell you more about plant and machinery.