ANNEXURE - 1V Life expectancy of equipment in various industry groups Depreciable assets other than bulidings run an economic life peculiar to themselves owing to constant handling and operational use. Plant and machinery accordingly bear @ lite expectancy reckoned on a different criteria built upon empirical observation, professional experience and field survey. The life expectancy chart given below in respect of various plant and machinery grouped under different industries would provide useful guideline to estimate the economic life in appropriate contingencies. The chart feflects the Indian conditions where capital assets like plant and machinery are generally continued in use much beyond the standard in other advanced countries made possible by periodical repairs and maintenance. The expectancy Is projected in lite ranges. For a theoretical appreciation of the topic the reader is advised to refer to Chapter - VI = ‘Age, life and remaining life’ of this book. Industry group Life expectancy In years Agriculture, machinery and equipment 16 to (0 = cotton ginning 15 to ‘Aircraft and all helicopters, except commercial alrefatt to to | 18 = commercial aircraft 20 to 8 ‘Amusement and theme parks 15 to | 20 ‘Apparel and fabricated textile inanufacturing 1§ tw 20 ‘Automobile repair shops 8 to 20 Bakeries and confectionery production & to 20 Brewery equipment 15 to 20 Cable television, headend facilities 10 to | 15 + microwave systems to to 18 = program origination 30 to 615 = service and test 10 to 15 = subscriber connection and distribution 10 to 15 % Canneries and frozen food production —. 18 to 20 Cement manufacture 2 to 30 Clocks and Watches, manufacturing 10 to 15 = electronic instrumentation . 5 to 7 CNC machine tools —~ 19~ 10 | 15 — Cold storage and ice-making equipment 18 to | 20 Cotd storage warehouse equipment 10 to | (18 Construction equipment, general construction 5 tw 7 = marine construction 5 tw 7 Dairy products manufacturing 16 to | 20 Data handling equipment, except computers ~- 5 to 7 Electric utilities, hydraulic production 30 to 40 568= nuclear or combustion turbine production nuclear {uel assemblies = steam production transmission and distribution facilities Electronic equipment manufacturing = semiconductor manufacturing equipment Fabricated metal products - special tools 24 Food and beverage production = special-handling devices Forklifts, powered pallet forks — Foundries furnaces, die-casting forging hammers Gas utilities, distribution liquified natural gas production = manufactured gas production - natural gas production + pipelines and related storage Glass and glass products = special tools Hand tools Hospital furnishings and equipment Hotel and motel fumishings and equipment Industrial steam and electric generation Information systems, computers and peripheral equipment Laundry equipment Leather and leather products Machine tools, metalworking machinery manufacturing ~ Mining and quarrying Motion picture and television production Motor transport, freight = general purpose trucks, light - heavy = tractor units (over-the-road) = trailers and trailer-mounted containers Motor transport, passenger = automobiles, including taxis - buses Motor vehicle and parts manufacturing = special tools Office furniture and equipment Optical lenses and instrument manufacturing Paints and varnishes 569 ogee ORReR 10— 10 10 35 20 25 15 15 15 10. 10 25 10 15 20 10 10 10 10 10 10 10 15 15 18 10 10 15 to to to to to to to to to to to to to to to to to to to toPaper and pulp manufacturing = converted paper, paperboard and pulp Petroleum and natural gas, drilling, onshore = drilling offshore - exploration and production + petroleum refining - pipeline transportation Pharmaceutical manufacturing + tablet mixing = tablet compression + tablet coating - tablet packing ~ syrup manufacturing = syrup packing - injection manufacturing and packing capsule manufacturing and packing Plastie products manufacturing + special tools Plastics manufacturing Primary metals production, non-ferrous and foundry - products = _ special tools Primary steel mill products Printing and publishing Professional and scientific instruments Radio and television, broadcasting + manufacturing Railroad cars and locomotives Railroads, machinery and equipment + structures + tracks ~ wharves and docks Railroad transportation equipment manufacturing = locomotive manufacturing Recreation and amusement Refrigeration plant = compressors, heat exchangers, unit coolers, blast freezers, cold room structures Restaurant and bar equipment Restaurant equipment, fast foods Retail trades, fixtures and equipment Rubber products manufacturing = special tools Sawmills, permanent 570 20 10 10 15 20 20 15 18 15 15 20 20 25 20 15 15 20 15 15 10 10 10 25 20 15 15 15 15 10 10 10 20 18 Seessss 15 15 20 25 25 20 20 20 20 25 25 30 25 20 20 25 10 20 20 15 15 15 25 40 25 20 20 15 18 15 25 20- portable Ship and boat building machinery and equipment - dy dock improvements = spacial tools Shoe making machinery Soft drink manufacture and bottling ‘Steam production and cistribution Stone products manufacturing ‘Sugar and sugar products manufacturing Telephone, central office equipment - distribution = station equipment Textile products, including finishing and dyeing = manutacture of nonwoven fabrics - manufacture of yarn, thread and woven fabrics = manufacture of textured yarns Theater equipment Tobacco and tobacco products Vegetable oll products Wood products and furniture manufacturing Chemical and Allied Production Corrosive Reactor > MS. 8 to 10 - $s. 10 to 15, M.S. rubberlined reactor 8 to 10 Crystalliser - MS. 12 to 15 - SS. 12 to 15, - Glasslined 12 to 15 Glasslined reactor 10 to 15 M.S. rubberiined centrituge 8 to 10 S.S. centrifuge 10 to 15 Transter pump - M: 3 to 5 - $s. 5 to 7 S.S. autoclave 10 to 18 M.S. pressure filter 8 to 10 8S. pressure filter 10 to 15 Distillation tower - MS. 12 to 15 - 88. 12 t 15 871 8 to 10 18 to 20 20 to 5 5 t 7 20 to 26 15 to 20 25 to 30 20 to 25 2 to 25 15 to 20 35 to 40 10 to 15 15 to 20 16 to 20 20 to 25 18 to 20 10 to | 15 20 to 25 20 to 25 15 to | 20 Highly Corrosive 3 t 5 B to 10 a ) 8 to 10 8 to 10 8 to 10 8 to 10 6 to 8 8 to 10 2 to 3 3 tw 5 8 to 10 5 to 8 8 to 10 6 to 8 8 t 10Tray dryers + aluminium trays > MS. trays - 8S. trays Vacuum dryer - MS. - 8s. Heat exchangers - MS. shell M.S. tube - MS. shell SS. tube + §.S. shell S.S. tube 12 12 12 12 18 12 572 6s 555 to 15 15 15 15 20 10 10 15 to to to to to to to ean 10 15 Boe