Welcome to Proteus Equipment

Asphalt Equipment & manhole lifters

Proteus Equipment has been supplying equipment for the road surfacing industry since 1985, and is now the leading supplier of asphalt Hot Boxes, asphalt duvets, and environmentally-friendly fluids. 

We also sell concrete duvets for various insulation applications, and a wide range of manhole covers lifters designed to lift covers quickly and safely.

We offer the highest QUALITY equipment

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Why Choose Us

Man Hole Cover Lifters

Proteus has been the market leader in providing mechanical and hydraulic manhole cover lifters for the last 20 years, and we can use our experience in the field to provide solutions to all your manhole lifting problems.Lifting manhole covers isn’t as easy as you’d expect, due in part to the vast array of different keyholes available on different types of cover, and differing sizes of covers coupled with awkward locations.

IFRS Training: IAS 16 : Depreciation

IAS 16 : Depreciation - start and end Depreciation - start and end Depreciation of an asset starts when the asset is available for use, that is when it is in the location and condition necessary for it to be capable of operating in the manner intended by management.

Contract Costing: Meaning, Features and Procedure

If yes, then look at the period for which the plant and machinery has been used on the contract. If the word ‘p.a.’ has been used, then depreciation shall be calculated proportionately to the period the plant was in use on contract. If the term ‘p.a.’ is not used, then depreciation shall be calculated for one year.

Techno-economic analysis of a transient plant-based platform

Aug 25, 2016 · Plant-based biomanufacturing of therapeutic proteins is a relatively new platform with a small number of commercial-scale facilities, but offers advantages of linear scalability, reduced upstream complexity, reduced time to market, and potentially lower capital and operating costs.

How to undo depreciation for fixed assets in Microsoft

Apr 03, 2012 · To undo depreciation for one asset, follow these steps: Open the Depreciate Asset window by using the appropriate method: In Microsoft Dynamics GP 10.0 or in Microsoft Dynamics GP 2010, point to Tools on the Microsoft Dynamics GP menu, point to Routines, point to Fixed Assets, and then click Depreciate One Asset.

Depreciation Considerations

Tables: How the Bonus Works When Congress passed the economic stimulus package in March, it included an optional capital-depreciation bonus enabling equipment owners to accelerate depreciation in the first year of a new machine's depreciable life. That

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Economic assessment of batch biodiesel production processes

The total investment plant costs for the four processes with a capacity of 1452 tonnes/year were estimated by using the cost factored method. As shown in Table 3, the total plant cost factor was determined to be 333% for a total equipment cost of 100% on the basis of the factors responsible for the commercial biodiesel batch plant in Japan ...

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(PDF) Costing of the production and delivery of ready-mix

Costing of the production and delivery of ready-mix-concrete. ... maintenance, tire, depreciation, and labor cost are the most . ... the plant to the site is critical over longer distances.


2014/5/11 · The operating life of a chemical plant is usually taken as 10 years, which gives a depreciation rate of 10 per cent per annum. The plant is not necessarily replaced at the end of the depreciation period. The depreciation sum is really an internal transfer to the

Depreciation Methods

Depreciation is the method of allocating costs to the appropriate period. Although accountants have to follow generally accepted accounting principles (GAAP) for financial statement reporting purposes, they have different allowable methods to consider. Depreciation isn’t part of the whole equation for figuring the fair market value, which is the amount of money the company may …

Bulletin "F," Tables of Useful Lives of Depreciable Property

Page 7 - Where, however, the building equipment is set up as a separate account for depreciation purposes, the above composite rates are not applicable and the appropriate rate should be determined by reference to the table of useful lives indicated below, which are considered reasonable for buildings of standard or sound construction: Total life (years) Apartments...

Units of Production Depreciation Method

Units of Production Depreciation Method, also known as Units of Activity and Units of Usage Method of Depreciation, calculates depreciation on the basis of expected output or usage. For example, a machine may be depreciated on the basis of output produced during a period in proportion to its total expected production capacity.

Depreciation of plant - Free resources for ACCA

2018/5/21 · There is existing plant and new plant i did not understood the calculation of only new plant Here’s the information about existing plant Valuation was 150m Depreciation (105)m So the carrying amt is 45m And existing plant in depreciated @20% on cost

Depreciation Schedule Template for Straight-Line and

Depreciation is a term used to describe the reduction in the value of as asset over a number of years. A Depreciation Schedule is a table that shows the depreciation amount over the span of the asset's life. For accounting and tax purposes, the depreciation expense is calculated and used to "write-off" the cost of purchasing high-value assets ...

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Contract Account (Abnormal Loss and and Depreciation) ~ Cost

Mar 10, 2018 · Explained the procedure to solve a problem involving abnormal losses and treatment of plant depreciation. Student can also watch following lectures related with cost accounting :

How to Calculate a Machine's Depreciation

Mar 28, 2017 · Many assets like machinery and equipment have a limited lifespan, and even if that lifespan is many years, the asset will eventually reach the end of the line. Over the course of a machine's lifespan, it gradually decreases in value and approaches its bottom end value as it becomes worn out or outdated.

Batchmate – 800L – Goldacres

Goldacres has released its 800 litre Batchmate to the Australian market for this very reason. The Batchmate offers the operator a fast, safe and efficient way of mixing, batching and filling all with the economy and reliability of the Honda GX200 engine and Aussie pump with 600 litres per minute flow.

The attached useful life and disposal values are taken from

The attached useful life and disposal values are taken from information published by the U.S. Government's Office of Management and Budget. The disposal value factor, as a percent of acquisition cost, is based upon the rate of return. These values can be used to help agencies calculate

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MACRS Asset Life table - Thomson Reuters Tax & Accounting

The MACRS Asset Life table is derived from Revenue Procedure 87-56 1987-2 CB 674. The table specifies asset lives for property subject to depreciation under the general depreciation system provided in section 168(a) of the IRC or the alternative depreciation system provided in section 168(g).

How to Calculate Overall Equipment Effectiveness: A Practical

defined period in which the asset as a functioning production element exists in the plant. ... A partial recall will only deal with the loss of the defined Lot or Batch within the total, but will depress the OEE for that period considerably. Any scheduling and ...

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Contract Account (Abnormal Loss and and Depreciation

3/10/2018 · Explained the procedure to solve a problem involving abnormal losses and treatment of plant depreciation. Student can also watch following lectures related with cost accounting :

Depreciation Methods - 4 Types of Depreciation You Must Know

The most common types of depreciation methods include straight-line, double declining balance, units of production, and sum of years digits. There are various formulas for calculating depreciation of an asset. Depreciation expense is used in accounting to allocate the cost of a tangible asset over its useful life.

Original Cost

Feb 07, 2018 · For the piece of equipment above, suppose accumulated depreciation is ,700. The carrying value on the company's books would be ,000 (,700 original cost less ,700 accumulated depreciation).

Meet the team

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edward kelly


Brian Collins


Ben Fox

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