How to calculate the average annual value of property

Calculation of the average cost of fixed assets

The average cost of fixed assets (FPE) has a calculation algorithm similar to that used in determining the average annual (i.e., average for the year) cost, but is used when calculating advance payments for property tax for reporting periods, the duration of which is 1 quarter, half a year and 9 months (clause 2 of article 379 of the Tax Code of the Russian Federation).
The algorithm for calculating the average cost of an OS is fixed in paragraph. 1 clause 4 art. 376 Tax Code of the Russian Federation. It involves the summation of the residual value of objects for the first days of the months of the reporting period and for the first day of the month occurring after its completion. The amount is divided by the number of terms involved in the calculation. Data on objects do not take part in the calculation:

• not subject to property tax;
• subject to this tax from another object (cadastral value).

For more information about fixed assets valued at cadastral value, read the article “For which real estate objects the tax base is calculated based on cadastral value .

To make the explanation clearer, let’s determine the average cost of an operating system using data as an example.

Example 1

Express Stirka LLC operates as a self-service laundry in Moscow. The company owns taxable assets in the form of a power line and non-residential premises for a laundry. The premises are an object for which the tax base is the cadastral value, since it is intended to serve the household needs of the population (subclause 2, clause 4, article 378.2 of the Tax Code of the Russian Federation). Based on the results of the 1st quarter, the accounting data reflects the following data:

In calculating the average cost of fixed assets, the residual value of the power line is used, defined as the difference between the original cost and depreciation. It is equal to:

(309,051 + 305,372 + 301,693 + 298,014) / 4 (number of reporting months + 1) = RUB 303,533.

All the details of calculating the average value of property for calculating advance payments for property tax were explained by ConsultantPlus experts. Get trial access to the K+ system for free and go to the Corporate Property Tax Guide.

The tax on non-residential premises based on cadastral value is calculated separately.

For the algorithm for calculating tax on such OS, see the article “Step-by-step instructions for calculating property tax from cadastral value” .

Average annual cost of fixed assets calculation example

– Business law – Average annual cost of fixed assets calculation example

The cost of OPF, as a rule, is transferred to finished products over a fairly long period. In some cases it may span several cycles.

In this regard, accounting is organized in such a way that it is possible to simultaneously reflect both the preservation of the original form and the loss of price over time. In this case, the average annual cost of open pension funds is used as a key indicator.

In this article we will look at how it is determined and what indicators are used. General characteristics Production involves means (structures, buildings, equipment, etc.), as well as objects of labor (fuel, raw materials, etc.).

Together they form production assets. A certain group of means of labor partially or completely retains its natural material form over many cycles.

Average annual book value of fixed assets - calculation formula

Add to favoritesSend by email The average annual cost of fixed assets - the formula by which it is calculated is fixed in the Tax Code of the Russian Federation - is taken into account when calculating the property tax of legal entities. Read about the aspects of calculating this cost in our article.

Calculation of the average cost of fixed assets Calculation of the average annual cost of fixed assets How to determine the average annual cost of fixed assets on the balance sheet in thousand rubles.

Results Calculation of the average cost of fixed assets The average cost of fixed assets (FPE) has a calculation algorithm similar to that used in determining the annual average (i.e.

average for the year) cost, but is used when calculating advance payments for property tax for the reporting period, the duration of which is 3, 6 and 9 months (clause 2 of Article 379 of the Tax Code of the Russian Federation). The algorithm for calculating the average cost of an OS is fixed in paragraph. 1 clause 4 art. 376 Tax Code of the Russian Federation.

Average annual cost of fixed assets: methods of calculation and analysis

Task 3 Cost of fixed assets, million rubles.

, in accordance with the classification by material and natural composition as of January 1 was: Buildings Structures Machinery and equipment Transport means Industrial and household inventory Other fixed assets 30 8 48 6 5 3 In February of this year, a workshop building worth 5 million rubles was put into operation.

; in May, equipment was purchased with a total cost of 10 million rubles; in September, morally and physically obsolete equipment worth 3 million rubles was written off. Determine the structure of fixed assets at the beginning and end of the year, the share of active and passive parts at the beginning and end of the year, the values ​​of the retirement and renewal ratios of fixed assets.

Solution We calculate the structure of fixed assets at the beginning and end of the year. It must be remembered that the structure is the share of each group of fixed assets in their total cost.

Average annual cost of opf: formula

A3 = 160 · 8 / (10 (10 + 1) / 2) = 23.27 thousand rubles. Adding up the depreciation amounts for three years, we get the amount of depreciation: I = 29.09 + 26.18 + 23.27 = 78.54 thousand rubles.

Knowing the depreciation amounts calculated in various ways, you can calculate the residual value and depreciation coefficient using the formula We will find the depreciation coefficient using the formula Substituting the values, we get: a) linear method: Comp = 160 – 48 = 112 thousand.

rub., Kizn = 48 / 160 · 100 = 30%; b) reducing balance method: Comp = 160 – 78.08 = 81.92 thousand rubles, Kizn = 78.08 / 160 100 = 48.08%; c) the sum of years method: Comp = 160 – 78.54 = 81.46 thousand rubles, Kizn = 78.54/160 · 100 = 49.1%. Thus, based on the results of solving this problem, it is clear that nonlinear methods make it possible to write off most of the cost in the first years of operation of a fixed asset.

Scientific work: accounting and analysis of fixed assets of an enterprise

Tf / Tp = (8,760 · 2 – 960) / (8,760 · 2 – 720) = 0.99. When calculating the coefficient of intensive use of equipment, we first calculate the actual productivity: Pf = 23,000 / (8,760 · 2 – 960) = 1.38 t/h. Then let's move on to the actual calculation of the coefficient: Ki = Pf / Pt = 1.38 / 1.6 = 0.86.

Lastly, we determine the integral coefficient: Kint = Ke · Ki = 0.99 · 0.86 = 0.82. Let's calculate the coefficients for equipment producing product B. Let's calculate the coefficients of extensive use of equipment: a) coefficient of use of operating time Ke.

dir = Tf / Treasure = (4,000 · 3 – 520) / 4,000 · 3 = 0.96; b) coefficient of use of planned time Ke. n = (4,000 · 3 – 520) / (4,000 · 3 – 192) = 0.97.

Average annual cost of opf: balance sheet formula

And non-productive fixed assets are cultural and everyday objects (for example, a canteen or a cinema). However, from the point of view of a commercial organization, non-productive assets do not belong to OS in principle.

Therefore, the terms “OPF” and “OS” are often considered equivalent. However, for the purpose of planning and analyzing indicators, an organization can group OS objects, classifying them as general financial assets or other types based on any other criteria.

For example, only the active part of the operating system that is involved in production (for example, machine tools) should be considered OPF, but the plant management building may no longer be classified as OPF. Accordingly, according to accounting data, the value of OPF can either correspond to the balance of account 01 “Fixed Assets” or be only part of this indicator.

Non-productive funds ensure the formation of social infrastructure. Classification The fixed assets of production include:

1. Buildings are architectural objects designed to create working conditions.
   These include garages, workshop buildings, warehouses, etc.
2. Structures are engineering-construction type objects used to carry out the transportation process. This group includes tunnels, bridges, track construction, water supply systems, and so on.
3. Transmission devices – gas and oil pipelines, power lines, etc.
4. Equipment and machines 0 presses, machine tools, generators, engines, etc.
5. Measuring devices.
6. Computers and other equipment.
7. Transport – locomotives, cars, cranes, loaders, etc.
8. Tools and equipment.

Key quantities The cost of OPF can be replacement, residual and initial.

Average annual cost of fixed assets calculation example

Let’s say, based on accounting data, the following data is available:

• The cost of the PF as of 01.01 is 350,000 rubles.
• The PF was put into operation - in April for 75,000 rubles, in August for 125,000 rubles.
• Withdrew from the PF balance - in March by 100,000 rubles.
• The cost of the PF as of December 31 is 450,000 rubles.

How to find the average annual book value of fixed assets? The full formula is used for the calculation, not the basic one: Full book value = (350,000 + 450,000) / 2 + (8/12 x 75,000 + 4/12 x 125,000) – (9/12 x 100,000) = 416,666.67 rubles.

How to determine the average annual accounting value of fixed assets without taking into account the months of disposal and input? This is even easier to do: Average annual cost = (350,000 + 450,000) / 2 = 400,000 rubles.

Do not forget that in order to calculate property tax, according to stat.

• Constitutional law
• Business law

Source: https://buh-nds.ru/srednegodovaya-stoimost-osnovnyh-fondov-primer-rascheta/

Calculation of the average annual cost of OS

The average annual cost of fixed assets is used when calculating the amount of property tax for a tax period, the duration of which is 1 year (clause 1 of Article 379 of the Tax Code of the Russian Federation). Here, the calculation (carried out on the same principle as determining the average cost) involves 13 amounts (for the first days of all months of the year and for its last day). The algorithm for calculating the average annual cost of fixed assets is described in paragraph. 2 clause 4 art. 376 Tax Code of the Russian Federation.

IMPORTANT! When calculating the average annual cost of fixed assets for organizations registered or liquidated (reorganized) during the year, the whole number of months in the year is also taken, and not the number of months of the actual operation of the organization (letter of the Ministry of Finance of the Russian Federation dated September 16, 2004 No. 03-06-01-04/ 32).

Let's calculate the average annual cost using the example of a reorganized organization.

Example 1 (continued)

That same year, Express Washing LLC decided to join a larger laundry organization. The reorganization completion date is July 23. Based on the results of activities from April to July 23, the accounting records reflect the cost of the power line:

Average annual cost of a power line: (309,051 + 305,372 + 301,693 + 298,014 + 294,335 + 290,656 + 286,977 + 283,298 + 0 + 0 + 0 + 0 + 0) / 13 (total number of months in a year + 1 ) = 182,261 rub.

ConsultantPlus experts provided a detailed procedure for calculating the average annual value of property for the purposes of paying property tax at the end of the year in their Guide. Get a free trial of K+ and follow the instructions.

Legislative regulation

The accounting process for basic business production assets is prescribed in various regulatory documents. They not only clarify the calculation procedure itself, but also indicate the tasks of tracking these indicators, the conditions for recognizing funds as fixed assets, the path of value formation, etc. The main documents that the taxpayer (entrepreneur, accountant) focuses on are:

• PBU 6/01 “Accounting for fixed assets” dated March 30, 2001 No. 26n;
• Methodology for accounting of fixed assets dated October 13, 2003 No. 91n.

When calculating property tax, you should rely on the following provisions of the Tax Code of the Russian Federation and information from the Ministry of Finance of the Russian Federation regarding the average annual accounting of the value of assets:

• paragraph 4 art. 376 Tax Code of the Russian Federation dated August 5, 2000 No. 117-FZ.;
• Letter from the Ministry of Finance of the Russian Federation dated July 15, 2011. No. 03-05-05-01/55.

How to determine the average annual cost of fixed assets on the balance sheet in thousand rubles.

The average annual cost of fixed assets, calculated based on information from the balance sheet, is used to determine the organization’s profitability indicators.

The calculation algorithm is simple - the sum of the indicators on the balance sheet line “Fixed assets” at the end of the year being assessed and at the end of the previous year is divided by 2.

Example 2

Read about the calculation of profitability in the article “The procedure for calculating the profitability of an enterprise (formula)” .

But the cost of fixed assets calculated in this way will not be suitable for determining the tax.

How to calculate the average cost of an OS

Mathematically, the average annual value is the arithmetic average of the desired type of value of property assets. But sometimes you need accounting that will take into account not a fixed indicator for a certain period, but the moments of entry and exit from the balance sheet of fixed assets. Depending on this, the calculation method and formula for determining the average annual cost of fixed assets are selected.

Method 1 (does not take into account the time of fund dynamics)

It provides average calculation accuracy, but in many cases it is quite sufficient.

To calculate the average annual cost of fixed assets, it is enough to know its value at the beginning and end of the annual period, that is, on January 1 and December 31 of the reporting year. These data are shown in the balance sheet. The residual value of the funds based on the balance sheet is used for the calculation.

If the residual value of the fixed assets at the end of the year has not yet been derived, it can be determined using the formula:

ST2 = ST1 + STpost. – ST list.

Where:

• ST2 – residual value of fixed assets at the end of the year;
• ST1 – the same indicator at the beginning of the year;
• STpost. – cost of received OS;
• STlist. – the cost of written-off fixed assets (removed from the balance sheet).

Then you need to find the arithmetic average of two indicators: ST1 and ST2, that is, the book value of the fixed assets at the beginning and end of the year. This will be the approximate value of the average annual cost of fixed assets.

STav.-year. = (ST1+ ST2) / 2

Results

The average and average annual cost of fixed assets, calculated from their residual value, are needed when determining the property tax base. The average cost is used in calculations for reporting periods, and the annual average is used when calculating the amount of tax for the year. The algorithms for determining them are identical: the residual value of the fixed assets is summed up for the first months of the period and on its last day, and then divided by the number of terms involved in the calculation. In this case, the zero values ​​of the amounts must also be used.

Sources: Tax Code of the Russian Federation

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