Amortization provisions in simplified direct estimation

In the simplified modality of the direct estimation regime, without prejudice to what is stated for the freedom of amortization in the previous section, the depreciation of property, plant and equipment must be carried out linearly based on a simplified amortization table, special for this approved modality. 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

The elements of property, plant and equipment will begin to be depreciated as soon as they are put into operating condition.

The assets must be amortized, excluding their residual value, within their useful life period, which is understood to be the maximum amortization period provided for in the tables.

For acquisitions of new assets carried out between January 1, 2003 and December 31, 2004 , the maximum linear amortization coefficients established in the official tables of amortization coefficients will be deemed to have been replaced , in all the mentions made of 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.