Review article

https://doi.org/10.69680/ac.14.2.4

A Comparative Review of the Time and Output‐Depreciation Units of a Fishing Vessel

Josip Gugić ; Sveučilište u Splitu, Sveučilišni odjel za studije mora, Ruđera Boškovića 37, 21000 Split, Hrvatska
Alen Soldo ; Sveučilište u Splitu, Sveučilišni odjel za studije mora, Ruđera Boškovića 37, 21000 Split, Hrvatska
Vedran Poljak ; Sveučilište u Splitu, Sveučilišni odjel za studije mora, Ruđera Boškovića 37, 21000 Split, Hrvatska
Borna Počuča ; Laginjina 6, 10000 Zagreb, Hrvatska

Abstract

The paper’s objective was to present a system and compare the time and output-depreciation units of a fishing vessel as a specific fixed asset. In the paper, linear, degressive, and progressive methods and the methods pertaining to the output-depreciation units were applied. The depreciation of a fishing vessel is an economic reflection of a gradual wear-and-tear and decrease in value during business operations – that is, a gradual transition of the fishing vessel’s value into the value of fishing products. Because of the application of different depreciation methods, different depreciation amounts were obtained, leading to the varying annual-business results during the depreciation period.

Keywords

depreciation, fixed assets, fishing vessel, fishery

Hrčak ID:

328393

URI

https://hrcak.srce.hr/328393

Publication date:

22.12.2024.

Article data in other languages: croatian

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