Valuation of plants Sample Clauses

Valuation of plants and crops16 When valuing tree stands or tree covers, if they contain suitable resources, it is necessary to value the timber included in the tree stand. If the tree stand includes no usable resources, or the value of acquirable timber is lower than the cost of reforestation and maintenance of the tree stand, the valuation should cover the costs of reforestation and maintenance of the tree stand until the day of expropriation. The valuation of fields of perennial plants involves the valuation of the costs of establishing the field and its maintenance until the first crop as well as of the lost profit in the period from the day of expropriation until the completion of the full yield. The aggregate of costs and the value of lost crops are reduced by the sum of the yearly depreciation write-offs resulting from the period of using the field from the first year of yield until the day of expropriation. The valuation of crops and other yields annual plants involves the valuation of expected yield according to the current market prices, reduced by the value of expenditures necessary to harvest the crops. The valuation of crops and other yields annual plants involves the valuation of expected yield according to the current market prices, reduced by the value of expenditures necessary to harvest the crops.
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