Pokok Bahasan 4 - Depresiasi "PT Fancy Lova"

Summary

This tutorial on financial management covers the calculation of depreciation for various assets using different methods. It uses the case study of Fancy Lova, an exclusive women's bag company, to explain how to compute depreciation for vehicles, buildings, machinery, and office equipment. The lecturer demonstrates the Double Declining Balance (DDB), Straight Line Method (SLM), and Sum of the Year’s Digits (SYD), providing step-by-step calculations with Excel. The goal is to help students understand how to apply these methods effectively in real-world scenarios, enhancing their practical knowledge of financial management.

Takeaways

• 😀 The session focuses on teaching depreciation calculations for various assets using different methods.
• 😀 Depreciation methods covered include Double Declining Balance (DDB), Straight-Line Method (SLN), and Sum of the Year Digit (SYD).
• 😀 Students will apply these methods to calculate depreciation for vehicles, buildings, machinery, and office equipment.
• 😀 The case study used in the session is based on a premium women's handbag company, Fancy Lova.
• 😀 Task 1: Depreciating a vehicle involves calculating the depreciation using the Double Declining Balance (DDB) method.
• 😀 Task 2: Depreciating a building uses the Straight-Line Method (SLN), providing equal depreciation every year over its useful life.
• 😀 Task 3: Depreciation of machinery is calculated using the Sum of the Year Digit (SYD) method, with depreciation varying each year.
• 😀 Task 4: Office equipment is also depreciated using the Straight-Line Method (SLN), with no salvage value after the asset’s useful life.
• 😀 Excel formulas are demonstrated for calculating depreciation, including how to handle accumulated depreciation and remaining value year by year.
• 😀 The session emphasizes the importance of mastering these depreciation methods for practical financial management in asset-heavy businesses.

Q & A

What is the main topic of the lecture in this script?

The main topic of the lecture is depreciation in financial management, specifically how to calculate depreciation for different types of assets using methods like Double Declining Balance (DDB), Straight Line Method (SLM), and Sum of the Year Digits (SYD).

Which company's case study is used to explain depreciation calculations?

The case study used is from a company called Fancy Lova, which specializes in exclusive women's bags.

What are the four tasks that students need to complete in the practical session?

The four tasks are: 1) Calculating depreciation for vehicles, 2) Calculating depreciation for buildings, 3) Calculating depreciation for machines, and 4) Calculating depreciation for office equipment.

What are the three depreciation methods discussed in the script?

The three depreciation methods discussed are: 1) Double Declining Balance (DDB), 2) Straight Line Method (SLM), and 3) Sum of the Year Digits (SYD).

How is the depreciation for vehicles calculated in the script?

Depreciation for vehicles is calculated using the Double Declining Balance (DDB) method, where the vehicle's value decreases faster in the initial years. The vehicle’s purchase price is 120,000,000, with an economic life of 5 years and a salvage value of 20%.

What is the formula used for Straight Line Method (SLM) depreciation of buildings?

For SLM depreciation, the formula is: (Cost of the asset - Salvage value) / Economic life. For example, for the building, the cost is 285,000,000, the salvage value is 40% of the cost, and the economic life is 10 years.

How does the depreciation method change between tasks for buildings and vehicles?

For vehicles, the Double Declining Balance method is used, which results in faster depreciation in the early years. For buildings, the Straight Line Method (SLM) is used, which results in equal depreciation every year over the asset's useful life.

What is the significance of the 'salvage value' in the depreciation calculation?

The salvage value is the estimated residual value of an asset at the end of its useful life. It is subtracted from the asset's initial cost to determine how much value will be depreciated over time.

What does the acronym SYD stand for, and how is it used in depreciation calculations?

SYD stands for 'Sum of the Year Digits.' It is a depreciation method where depreciation expense is calculated based on the sum of the years of an asset's useful life, with a higher depreciation expense in the earlier years of the asset's life.

How is the depreciation for machines calculated in the script?

Depreciation for machines is calculated using the Sum of the Year Digits (SYD) method. The machine’s cost is 20,122,013, with a 25% salvage value and an economic life of 6 years. The depreciation expense varies each year based on the sum of the years.