30 B u s i n e s s p l a n | F i s h m e a l a n d f i s h o i l p r o d u c t i o n Product ion DEPRECIATION Depreciation is calculated using the linear method. Lifetime of buildings vessels and airplanes assumed to be 20 years, of equipment - 10 years. Depreciation has been calculated based on the useful life of fixed assets The amount of annual depreciation presented in Table 9. Table 9. Depreciation Figure 26. Equipment acquisition STAFFING NEEDS At the beginning of 2016 Company will hire the staff of the central office and part of the production staff. Then, simultaneously with the acquisition of additional equipment and vessels, the number of production personnel will increase. Changes of staff are presented in Table 8 (see more detailed data in Appendix 2). Table 8. Changes of staff v 2017 2018 2019 2020 Administrative personal 21 21 21 21 Production personal 126 160 201 227 2 016 2 017 2 018 2 019 2 020 2 021 Buildings, $ 525 000 781 250 1 018 750 1 050 000 1 050 000 Equipment, $ 708 333 950 000 1 229 167 2 000 000 2 550 000 2 550 000 Vessels, $ 120 833 597 916 1 225 000 2 418 750 3 533 333 4 491 666 Fishing and Productions supplies and the air planes, $ 2 083 27 083 52 083 75 000 75 000 75 000 TOTAL, $ 831 250 2 100 000 3 287 500 5 512 500 7 208 333 8 166 666
RkJQdWJsaXNoZXIy MTc0MzY4Mg==