IFinance.AmorDegrC

Fore Syntax

AmorDegrC(Cost: Double;

PurchaseDate: DateTime;

FirstPeriodEnd: DateTime;

Salvage: Double;

Period: Integer;

Rate: Double;

Basis: Integer): Double;

Fore.NET Syntax

AmorDegrC(Cost: double;

PurchaseDate: System.DateTime;

FirstPeriodEnd: System.DateTime;

Salvage: double;

Period: integer;

Rate: double;

Basis: integer): double;

Parameters

Parameters Description Constraints
Cost Cost for acquiring an asset. Cannot be negative.
PurchaseDate Date of acquiring an asset. Must be less than FirstPeriodEnd.
FirstPeriodEnd End date of the first period. Must be greater than PurchaseDate.
Salvage Depreciated cost of an asset at the end of the depreciation period. Must belong to the [0;Cost] interval.
Period Depreciation period. Cannot be negative.
Rate Depreciation interest rate. Must be positive.
Basis The employed method of day calculation:
0 - American/360 days (NSAD method).
1 - Actual/actual.
2 - Actual/360days.
3 - Actual/365 days.
4 - European 30/360 days.
Must take the values 0, 1, 3 or 4.

Description

The AmorDegrC method returns the size of depreciation for each period considering depreciation coefficient.

Comments

This method is used with the French accounting system.

The method calculates depreciation until the last depreciation period or until the depreciation total value is more than the difference between the original cost and the depreciated cost of an asset.

If product life is between 0 and 1, 1 and 2, 2 and 3, 4 and 5, the method displays an error message.

The following depreciation coefficients are used by this method:

Product life (1/rate) Depreciation coefficient
From 3 to 4 years. 1,5
From 5 to 6 years. 2
More than 6 years. 2,5

Fore Example

To execute the example, add a link to the MathFin system assembly.

Sub UserProc;
Var
    r: Double;
Begin
    r:= Finance.AmorDegrC(2000, DateTime.ComposeDay(2008,01,01),
        DateTime.ComposeDay(2008,08,01), 20010.153);

    Debug.WriteLine(r);
End Sub UserProc;

After executing the example the console window displays the value of depreciation equal to 586.

Fore.NET Example

The requirements and result of the Fore.NET example execution match with those in the Fore example.

Imports Prognoz.Platform.Interop.MathFin;

Public Shared Sub Main(Params: StartParams);
Var
    r: double;
    Finance: FinanceClass = New FinanceClass();
    DateTime1, DateTime2: System.DateTime;
Begin
    DateTime1 := New DateTime(2008,01,01);
    DateTime2 := New DateTime(2008,08,01);
    r := Finance.AmorDegrC(2000, DateTime1, DateTime2, 20010.153);
    System.Diagnostics.Debug.WriteLine(r);
End Sub;

See also:

IFinance