Examples of Net Book Value in a sentence
Depreciation relating to the gas segment is determined by applying a percentage which reflects the proportion of the Net Book Value of oil and gas properties that relates to gas investment costs (i.e. cost for the gas processing facilities).The Group accounting policies are also applied in the segment reports.
Cost Accumulated Depreciation December 31, 2019-----Depreciation1115-17November 30, 20201115-17Depreciation4633-43December 31, 20215748-60 Net Book Value November 30, 202010576370461December 31, 2021127043269394 Property and equipment items were acquired pursuant to the Option and Sale Agreement with PEC (Note 1).
The form shall include the following information:• Descriptions of all items.• Quantity and extended accounting value listed by product line.• Estimated salvage value, or if none, a statement to that effect.• Net Book Value (Extended accounting value less applicable reserves).• Reason for obsolete or excess stock.
Book Depreciation Rate2.44%2.44%2.44%2.44%2.31%2.31%4 Annual Book Depreciation$ 146$ 146$ 146$ 146$ 138$ 138 $ 859 5 Net Book Value at 12-31-10 $ (5,116)6 Tax Depreciation Rate3.75% 9 Amount to be Excluded from Rate Base $ (4,630) Note:(1) This schedule shows the effect on rate base of the incentive compensation disallowed in ICC Dkt.
Debt (continued) Mortgage DebtA summary of the terms of the mortgage debt outstanding at September 30, 2004 and December 31, 2003, and the related interest rate and Net Book Value ("NBV") of the associated collateral as of September 30, 2004, is as follows (in thousands): September 30,2004December 31,2003 Effective Interest Rate NBVDue July 2008 (1) .............