Epstein File EFTA01367237: Asset and Construction (DS10)

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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01367237: Asset and Construction (DS10)

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This document contains accounting guidance on asset depreciation and construction cost capitalization, specifying useful life periods for different asset categories including buildings (20 years), machinery and equipment including wind turbines (20 years), furniture and equipment (2-5 years), and vehicles (5-8 years). It describes the straight-line depreciation method, the treatment of construction-related disbursements and financial costs, and the recognition of gains or losses upon asset disposal. The document appears to be excerpted from accounting policy materials with no specific individuals, dates, or transactions identified.

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🔑 Evidence Keywords

asset construction

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Excerpt 1

Depreciation is calculated on a straight-line basis over the useful life of each type of **asset**.

Excerpt 2

after its use is included in the cost of the respective **asset** if the recognition criteria for a provision are met.

Excerpt 3

Any loss or gain from the disposal of the **asset**, calculated as the difference between the net carrying amount and the sales proceeds, is recognized in