PRACTICAL LESSON No. 1

Subject: Determination of indicators for the use of fixed assets

Target: Definition of structure; coefficients characterizing the use of fixed assets in the enterprise

Execution order:

Determine the average annual availability of fixed assets at the end of the year at the enterprise and the coefficients for assessing the state of the PF with the following initial data:

Table 1

Name of source data

Option

Cost of fixed assets at the beginning of the billing period, million rubles

150

167

142

125

164

127

146

132

138

114

Cost of fixed assets put into operation, million rubles

Month of equipment commissioning

January

April

July

March

June

September

August

May

February

October

Cost of fixed assets liquidated as a result of reconstruction technical means, million rubles

Month of liquidation (withdrawal)

September

June

April

July

August

June

April

February

May

March

2. Based on the calculated data of task No. 1, determine the efficiency indicators for the use of fixed assets with the following initial data:

table 2

Name of source data

Option

Enterprise income, thousand rubles.

516,8

612,3

521,4

583,4

546,2

517,9

591,5

612,8

614,3

587,1

Contingent of employees, people

175

171

182

184

178

181

169

176

183

174

Guidelines for completing practical tasks

Distinctive features fixed assets (F) :

reused during the production process;

retain their natural shape, appearance for a long time;

transfer their value to finished products in parts

The fixed assets of the enterprise are varied in composition and purpose.

Classification by type.

Typical classification of fixed assets by type:

Building.

Facilities.

Cars and equipment.

Vehicles.

Industrial and household equipment.

Other types of fixed assets.

Classification by purpose of fixed assets.

Depending on their purpose in production and economic activities, PFs are divided into:

Production fixed assets include objects whose use is aimed at systematic obtaining profit as the main goal of activity. Thus, these are OFs used in the production process.

Non-production PFs - do not directly participate in the production process, but are used for the cultural and everyday needs of enterprise employees.

Classification into active and passive parts

The composition of fixed production assets includes active and passive parts. This division is quite arbitrary.

Active funds directly affect objects of labor. These are working machines and equipment.

The passive part of fixed assets are funds that create normal conditions for the operation of the active part of the PF. These are buildings, structures, production and household equipment, etc.

Valuation of fixed assets in monetary terms .

The following main cost estimates of PF are distinguished:

Initial cost - the actual cost of acquiring fixed assets, taking into account all necessary expenses for delivery, installation and preparation of objects for operation.

Replacement cost - is the cost of reproduction of funds in real conditions in this moment time (based on current prices at the time of revaluation).

Residual value - this is the cost of the PF, which has not yet been transferred to the finished product.

The residual value is determined by subtracting the amounts of their depreciation from the original or replacement cost of fixed assets.

or

where Фo is the residual value of the PF, rub.;

I is the amount of wear and tear, rub.;

Фп – initial cost of the PF, rub.;

Fv – replacement cost of PF, rub.

From the formula it is clear that if I = Фп (Фв), the residual value of the PF

equal to zero.

Average annual cost of funds equal to their value at the beginning of the year plus the average annual value of fixed assets put into operation minus the average annual value of retired assets.

Where

Fng - cost of fixed assets at the beginning of the year, rub.;

Fpost - the cost of fixed assets introduced in the year, rubles;

Fvyb - cost of withdrawn fixed assets, rub.; The average annual cost of commissioned and incoming fixed production assets is determined by the formula:

, Where

PF input - the cost of input and incoming fixed production assets;

n– the number of full months of funds introduced and entering into operation in the planned year;

12 is the number of full months in a year.

The average annual cost of retired fixed production assets is calculated using the formula:

, Where

OFl - the cost of fixed assets liquidated as a result of reconstruction of technical equipment, rubles;

n– the number of complete months of absence of funds in operation.

To assess the state of the OF, the following coefficients are calculated.

OF renewal coefficient:

the ratio of the value of funds introduced in a given period to their total value at the beginning of the period.

PF growth factor:

the ratio of the difference between growth and disposal to the value of the fixed assets at the beginning of the period.

PF disposal rate:

the ratio of the value of retired PF to the value of PF at the beginning of the year.

Indicators of efficiency of use of fixed production assets.

Capital productivity – This is the output of products per 1 ruble of the cost of fixed assets. To calculate the value of capital productivity, the formula is used:

, Where

D – enterprise income, rub.

Capital intensity production – the reciprocal of capital productivity. It shows the share of the cost of fixed assets per each ruble of output:

Capital-labor ratio labor, determined by the cost of fixed production assets to the number of workers of the enterprise:

, Where

N – number of employees of the enterprise, people.

Questions for self-control:

Define fixed assets of an enterprise?

How are fixed assets classified by type?

Is the growth of the active part of fixed assets a positive trend?

What property of the enterprise is classified as fixed production assets?

How is the average annual value of fixed assets calculated?

What do the coefficients of capital productivity and capital intensity, capital-labor ratio show?

What ways are there to increase capital productivity?

GOSSTROY OF RUSSIA

FEDERAL STATE UNITARY ENTERPRISE
Center for Scientific and Methodological ENGINEERING SUPPORT
SUPPORTING INVESTMENTS IN CONSTRUCTION

FSUE "CENTRINVESTproject»

PROCEDURE FOR CARRYING OUT AND FINANCING WORK,
RELATED TO REPAIR OF FIXED ASSETS

PRACTICAL GUIDE

MOSCOW 2002

INTRODUCTION

This document - “The procedure for carrying out and financing work related to the repair of fixed assets” is a practical guide intended for use by performers of the relevant work, their customers, owners of fixed assets and investors.

The creation of such a practical manual (Manual) is currently especially relevant, given the significant deterioration of fixed assets in the country’s national economic system and the need, in connection with this, to urgently solve the urgent problem of ensuring the safety and restoration of fixed assets, i.e. their timely major (current) repairs, modernization and technical re-equipment or reconstruction.

During the implementation of economic reforms, a significant number of legislative and regulatory acts were issued (along with them, some documents issued earlier are also in force), which regulate the processes and issues related to solving the problems discussed in the Manual.

This requires generalization and systematization of the current legislative and regulatory framework (LNB), as well as the experience of its application and the development on this basis of a single document that systematically considers the main aspects of activities in the field of implementation and financing repair work, to provide:

The legal and methodological legitimacy of the timely implementation by the owners (proprietors) of fixed assets of appropriate measures for the safety and restoration of fixed assets;

Facilitate the use by users of the materials contained in the ZNB on a wide range of issues arising in the course of activities in the area under consideration, since this Manual contains clear guidelines for their solution;

Uniform and reasonably reliable application in practice and interpretation of numerous documents that make up the ZNL, both by owners (owners) of fixed assets and regulatory authorities.

This especially applies to organizations and institutions that are assigned, by the right of operational management, fixed assets that are federal property.

For these organizations and institutions, strict compliance with all provisions of the legislative and regulatory framework that served as the basis for the development of this Manual is mandatory.

At the same time, other organizations and enterprises, associations, public organizations etc., who are owners of fixed assets, are also interested in using the recommendations proposed in the Manual, since this will allow them to provide for themselves:

Safety and security of operation of fixed assets that they own through timely restoration work and major repairs;

Increasing the efficiency of using fixed assets through timely replacement of equipment, buildings, structures, etc., which have exhausted their service life due to their moral and physical wear and tear;

Accumulation (reservation) of the necessary funds for the implementation of the above activities through a correct and sufficiently justified depreciation policy and appropriate deductions.

The development of this Manual was carried out on the basis of the legislative and regulatory framework in force as of April 1, 2002, which ensures the legitimacy and legal validity of the application of the provisions of the Manual.

The manual was developed by the Federal State Unitary Enterprise "CENTRINVESTproekt" of the State Construction Committee of Russia. For any questions that arise, please contact the Department of Economics and Pricing in Design of the Federal State Unitary Enterprise "CENTRINVESTproject" (tel. 157-39-42).

GOSSTROY OF RUSSIA

FEDERAL STATE UNITARY ENTERPRISE
Center for Scientific and Methodological ENGINEERING SUPPORT
SUPPORTING INVESTMENTS IN CONSTRUCTION

FSUE "CENTRINVESTproject»

PROCEDURE FOR CARRYING OUT AND FINANCING WORK,
RELATED TO REPAIR OF FIXED ASSETS

PRACTICAL GUIDE

MOSCOW 2002

I. General provisions. 3

1.1. Purpose and scope. 3

1.2. Used terms and concepts *) 5

II. Scheduled preventive maintenance. 8

2.1. System of planned preventive maintenance. 8

2.2. Sources of financing for work related to the preventive maintenance system. 10

2.3. Organization of monitoring the safety of fixed assets. 10

2.4. Maintenance. 15

2.5. Major renovation. 16

2.5.1. Types of major repairs and scope of work. 16

2.5.2. Financing of capital repairs. 18

2.5.3. Planning and organization of major repairs. 19

2.5.4. Procedure for drawing up and approval project documentation for major repairs. 21

2.5.5. Acceptance of the facility after major repairs. 24

2.5.6. Basics operational planning wage fund and overhead costs of repair and construction departments of an institution, enterprise *) 25

III. Accounting and reporting on repairs of fixed assets. 27

Appendix 1.1 List of legislative, regulatory and methodological and instructional documents. thirty

Appendix 2 Passport for the industrial building. 33

Appendix 3 Technical magazine for the operation of buildings and structures. 34

Appendix 4 Act of periodic spring inspection of buildings and structures. 35

Appendix 5 Winter preparation plan. 36

Appendix 6 Annual title list for major renovation individual fixed assets (buildings and structures)36

Appendix 7 Act on hidden work.. 37

Appendix 8 Estimate for major repairs. 38

Appendix 9 Transfer and Acceptance Certificate. 38

Appendix 10 Statement on the cost of repair work performed. 40

Appendix 11 Information about the progress of repair work. 41

Ordercarrying outAndfinancingworks,

relatedWithrepairsmainfunds.

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I. GENERAL PROVISIONS

1.1. Purpose and scope

1.1.1. This practical manual - “The procedure for carrying out and financing work related to the repair of fixed assets” *) provides for the procedure Maintenance fixed assets (fixed assets) in order to ensure their safety, vital activity and restoration.

*) Hereinafter referred to as “Manual”.

Maintenance of fixed assets is a complex of organizational and technical measures for supervision, care and all types of repair work, united in the concept of “scheduled preventive maintenance”, as well as work to restore fixed assets.

The Manual defines the concepts, composition and content of each event and type of repair work included in the system of planned preventive maintenance.

The manual regulates the procedure:

Planning and financing work on monitoring the inspection of fixed assets, their current and major repairs, as well as modernization;

Organization and operational planning of major repairs;

Drawing up design, technical documentation for current and major repairs, as well as determining the cost of the corresponding type of work;

Acceptance of completed work on current and major repairs;

Accounting and reporting on repair work.

1.1.2. The benefit is valid in the territory Russian Federation and is intended for use by investors, customers, owners (owners) of fixed assets - bodies government controlled and supervision, firms, enterprises, associations, organizations carrying out major repairs of fixed assets, regardless of their departmental affiliation and forms of ownership *).

*) In the future - “institutions, enterprises”.

1.1.3. The fixed assets of institutions and enterprises whose activities in the field of scheduled maintenance are regulated by this Manual include the following objects.

1 ) Industrial facilities:

Buildings and structures that operate in the sphere of material production;

Warehouses, refrigerators, tanks, overpasses, pumping stations, product pipelines, boiler rooms, etc.;

Constructions for general industrial purposes (access railways and roads);

Engineering and technical structures (plumbing and sewerage, heat supply, gas supply, electricity supply, communications, security, workshops, etc.);

Administrative buildings, laboratory premises and household premises;

Lifting and transport, power and other equipment (loaders, tractors, cranes, vehicles, diesel locomotives, motor locomotives, bulldozers, special construction vehicles, diesel generators, metal racks, etc.);

Workers and power machines and equipment;

Measuring and control devices;

Computer technology, vehicles;

Tools, production and household equipment (related to fixed assets)

2 ) Housing and communal services and social facilities:

Buildings for cultural and everyday purposes (kindergartens and nurseries, clubs), as well as inventory and equipment (related to fixed assets) of clubs, kindergartens, nurseries;

Residential and communal buildings (residential buildings, their engineering and technical structures, baths, laundries, shops, canteens) and other structures housing sector, equipment and inventory (related to fixed assets).

1.1.4. The following types of work *) belong to the maintenance and restoration of fixed assets:

a) construction work, including:

Reconstruction;

Technical re-equipment;

Modernization;

b) scheduled preventive maintenance:

Technical supervision over the safety of fixed assets;

Repair work, including:

Maintenance;

Major repairs;

c) technical inspection.

The subject of consideration of this Manual is the types of work listed in subparagraph “b” and related to scheduled preventive maintenance. However, the types of work listed in subparagraph “a” are also considered (in terms of individual aspects of their financing and planning) to clearly distinguish each concept by type of work and their most accurate definition, reflecting economic purpose and sources of financing for the corresponding type of work.

1.1.5. The legislative and legal basis for the development of this Manual is the legislative, regulatory, methodological and instructional documents in force in the Russian Federation as of April 1, 2002 and regulating the issues discussed in the Manual.

The list of these legislative, regulatory, methodological and instructional documents is given in Appendix 1.1 to this Manual.

1.1.6. Main regulatory documents regulating the organization, planning, implementation and financing of work related to scheduled maintenance are:

1) for industrial buildings and structures - “Regulations on carrying out scheduled preventive repairs of industrial buildings and structures”, approved by Decree of the USSR State Construction Committee on December 29, 1973 No. 279 (7) **);

**) Here and further in brackets are the numbers of the entry in Appendix 1.1 to the Manual, the relevant legislative, regulatory and instructional documents that are the basis for the concepts and definitions given in the Manual.

2) for residential buildings, communal and socio-cultural facilities - “Regulations on the organization and implementation of reconstruction, repair and maintenance of buildings, communal and socio-cultural facilities”, approved by order of the State Committee for Architecture and Construction under the USSR State Construction Committee dated November 23, 1988 No. 312 (Departmental building codes VSN 58-88 (r)) and agreed with the USSR State Planning Committee on August 24, 1988 (No. 13-303) and the USSR Ministry of Finance on September 13, 1988 (No. 13-4-21) (8).

1.1.7. When determining and choosing the name of an object from the standpoint of classifying it as one or another type of scheduled maintenance or construction, one should strictly be guided by:

1) terminology, concepts and definitions given below (see section 1.2 of the General provisions of the Manual);

2) the purpose, composition, volume and nature of the work, bearing in mind the difference in the sources of their financing, the procedure for drawing up planning and financial documents and developing design and estimate materials (discussed in the relevant chapters of this Manual).

These differences are of particular importance when choosing the name of an object for the following types of work:

Current or major repairs (financed from the relevant items of the Cost Estimate of an institution or enterprise);

Modernization of buildings and structures carried out in the process of major repairs (financed, in accordance with the Instructive Letter of the State Construction Committee of the Russian Federation dated April 28, 1994 No. 18-14/63 (4), from funds allocated for major repairs);

Technical re-equipment (equipment modernization) or reconstruction of facilities financed through capital investments.

1.1.8. The procedure for financing work related to scheduled maintenance is discussed in Chapter 2.2 of the Manual and the relevant sections devoted to a specific type of repair work (technical supervision, routine repairs, major repairs).

Description:

Status: active

Designation: Benefit

Russian name: The procedure for carrying out and financing work related to the repair of fixed assets. Practical guide

Date of introduction: 2002-01-01

Designed in: FSUE "CENTRINVESTproject" 125057, Moscow, Leningradsky prospect, 63

Approved in: FSUE "Tsentrinvestproekt" (01/01/2002)

Area and conditions of application: This practical manual - “The procedure for carrying out and financing work related to the repair of fixed assets” provides for the procedure for the maintenance of fixed assets (fixed assets) in order to ensure their safety, vital activity and restoration.
The manual is valid on the territory of the Russian Federation and is intended for use by investors, customers, owners (owners) of fixed assets - government administration and supervision bodies, firms, enterprises, associations, organizations carrying out major repairs of fixed assets, regardless of their departmental affiliation and forms property.

Table of contents: I. General provisions
II. Scheduled preventive maintenance
III. Accounting and reporting on repairs of fixed assets
Appendix 1.1 List of legislative, regulatory and methodological and instructional documents
Appendix 1.2 Instructive letter of the State Construction Committee of the Russian Federation dated April 28, 1994 No. 18-14/63
Appendix 2 Passport for an industrial building
Appendix 3 Technical journal for the operation of buildings and structures
Appendix 4 Certificate of periodic spring inspection of buildings and structures
Appendix 5 Winterization plan
Appendix 6 Annual title list for major repairs of individual fixed assets (buildings and structures)
Appendix 7 Act on hidden work
Appendix 8 Estimate for major repairs
Appendix 9 Transfer and Acceptance Certificate
Appendix 10 Statement on the cost of repair work performed
Appendix 11 Certificate of progress of repair work

Text of the document Manual