FIN 07-20

Attachment A

Reclamation Manual
Directives and Standards
EXAMPLE OF SEEDSKADEE PROJECT
DEPRECIATION OF ELECTRIC PLANT
FOR THE FISCAL YEAR ENDED SEPT. 30, 1994

 Electric Plant in Service (including IDC)1    

  $ 3,380,271
 Multipurpose SOD Plant in Service2

 $36,857,301

    
  x 6.45% Power Allocation  

 $ 2,377,296

  
 IDC on SOD Plant (C/A M304)

 594,813

    
 Less M&I IDC paid by State of Wyoming3

 94,221

    
 IDC allocated to Power
  

 500,592

  
 Total Multipurpose Plant allocated to Power    

 2,877,888
 Total Plant Subject to Depreciation    

 $ 6,258,159
 Divide by Composite Service Life (i.e., 66 years)    

 ÷ 66
 Total Depreciation FY1994  

 = $ 94,821

  
 Prior Year Balance - Accumulated Depreciation  

 + 1,466,659

  
 Total Accumulated Depreciation to Date4    

 $ 1,561,480

1. From Schedule 1, Project Financial Statement

2. From Statement of Project Construction Cost and Payment

3. From BOR730 C/A M304 Job 1919800 Contribution State of Wyoming

4. Accumulated depreciation can not exceed the cost of the total Plant subject to depreciation, i.e., $ 6,258,159.


(015) 9/30/95