Depreciation allowances in simplified direct estimate

In the simplified modality of the direct estimate scheme, without prejudice to the provisions of the previous section on freedom of amortisation, depreciation and amortisation tangible fixed assets must be carried out on a straight-line basis, depending on a simplified repayment table, especially for this type approved by the Order of 27 March 1998 (Official State Gazette of 28 March):

Group	Asset-related elements	Maximum linear coefficient	Maximum period
Group	Asset-related elements	Percentage	Years
1	Buildings and similar	3	68
2	Installations, furniture, goods and rest of the tangible fixed assets	10	20
3	Machinery	12	18
4	Transport features	16	14
5	Equipment for information processing, and computer systems and programs	26	10
6	Chattels and tools	30	8
7	Bovine, porcine, ovine and caprine stock	16	14
8	Horse cattle and non-citric fruit trees	8	25
9	Citric fruit trees and vineyards	4	50
10	Olive grove	2	100

The tangible fixed assets will start to depreciate from their start in working conditions.

The capital elements must be amortised, excluding their residual value, within their useful life period, and understood as the maximum repayment period provided for in the tables.

For new asset acquisitions made between 1 January 2003 and 31 December 2004, the coefficients of maximum linear depreciation established in the official tables of depreciation coefficients will be understood as being replaced, in all the entries made, by the result of multiplying those by 1.1. The new coefficient will be applicable during the useful life of the new assets acquired in the aforementioned period.