Amortization provisions in simplified direct estimation

In the simplified form of the direct estimation regime, without prejudice to the provisions set forth for freedom of depreciation in the previous section, the depreciation of tangible fixed assets must be carried out in a linear manner based on a simplified depreciation table, specifically for this form, approved by the Order of March 27, 1998 (BOE of March 28):

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

Items of tangible fixed assets will begin to be depreciated from the moment they are placed in operating condition.

Assets must be amortized, excluding their residual value, within their useful life, meaning the maximum amortization period provided for in the tables.

For acquisitions of new assets made between January 1, 2003 and December 31, 2004 , the maximum linear amortization coefficients established in the official amortization coefficient tables shall be understood to be replaced, in all references to them, 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.