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Old 26th Feb 2009, 05:52
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Final 3 Greens
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Jetstream

For business plan purposes, if you take an initial asset value of 800,000 and project the depreciation using a 15% reducing balance approach, the residual value at the end of year 10 is approximately 150,000.

That's a notional figure and may or may not be anywhere near reality.

At 20%, the value is 85,000.

At 25%, 45,000.

Hope this helps get the business case written.