This transcription has been completed. Contact us with corrections.
266 HELICOPTER AIR SERVICE PROGRAM APPENDIX J S-58 depreciation schedule showing addition of turbine powered flight equipment [[4 columned table]] | |Fiscal year 1967|Fiscal year 1968|Fiscal year 1969| |---|---|---|---| |Modification. of 4 CHA S-58C helicopters to be powered by PW-PT-6 engines: $150,000 each|$600,000|-|-| |Spare parts and equipment:| | | | |4 each PW-PT-6 engines, $24,450 each|97,800|-|-| |Engine parts, rotable|24,800|-|-| |Airframe, components|20,100|-|-| |Special tools|5,000|-|-| |2 sets pressurized main rotor blades|28,800|-|-| |Total additional investment|176,500|-|-| |Depreciation 10 years, 15 percent residual|660,000|-|-| |Annual added depreciation|66,000|-|-| |Purchase of 1 used turbine-powered S-58C helicopter (No. 5)|-|$250,000|-| |Depreciation 10 years, 15 percent residual|-|212,500|-| |Annual added depreciation|-|21,200|-| |Purchase of 1 used turbine-powered S-58C helicopter (No. 6)|-|-|$250,000| |Depreciation 10 years, 15 percent residual|-|-|212,500| |Annual added depreciation|-|-|21,200| APPENDIX K Average investment base fiscal years 1965 through 1970 [[7 column table]] | |Fiscal year 1965|Fiscal year 1966|Fiscal year 1967|Fiscal year 1689|Fiscal year 1969|Fiscal year 1970| |---|---|---|---|---|---|---| |Flight equipment:| | | | | | | |Book value at beginning of year|$408,400|$316,000|$246,900|$888,300|$982,000|$1,054,500| |Less year's depreciation|69,100|69,100|135,100|156,300|177,500|177,500| |Plus additions|50,000|-|776,500|250,000|250,000|-| |Less retirements|73,300|-|-|-|-|-| |Book value at end of year|316,000|246,900|888,300|982,000|1,054,500|877,000| |Ground equipment and improvements:| | | | | | | |Book value at beginning of year|92,100|75,200|58,300|89,400|167,800|116,800| |Less year's depreciation|16,900|16,900|28,900|51,000|51,000|51,000| |Plus additions|-|-|60,000|129,400|-|-| |Book value at end of year|75,200|58,300|89,400|167,800|116,800|65,800| |Deferred items:| | | | | | | |Balance at beginning of year|38,800|23,100|7,400|39,600|29,600|19,600| |Less amortuzation|15,700|15,700|17,800|10,000|10,000|10,000| |Plus additions|-|-|50,000|-|-|-| |Book value at end of year|23,100|7,400|39,600|29,600|19,600|9,600| |Working capital: approximately 1 month's cash expenses|99,700|115,900|171,800|205,600|234,300|251,300| |Investment:| | | | | | | |Beginning of year|639,000|530,200|484,400|1,222,900|1,413,700|1,44,200| |End of year|514,000|528,500|1,189,100|1,385,000|1,425,200|1,203,700| |Midyear (average)|576,500|469,400|836,800|1,304,000|1,419,500|1,323,000| |Return at minimum 7 percent|40,400|33,600|58,600|91,300|99,400|92,600|