Sea Holding 1
Depreciation Expense Depreciation Expense Depreciation Expense
Depreciation Net Book Depreciation
Date Monthly Depreciation Accumulated
Particulars Type Depreciable Cost Useful Life Expense for Value as of Expense for
Purchased Depreciation JAN FEB MAR APR MAY JUNE Expense for Depreciation JULY AUG SEPT
the Quarter 6/30/16 the Quarter
the Quarter as of 6/30/16
Dili Warehouse 31-Dec-15 25,570.00 120 213.08 213.08 213.08 213.08 639.25 213.08 213.08 213.08 639.25 1,278.50 24,291.50 213.08 213.08 213.08 639.25
shelf Procurement and installation preconditioning at 31-Jan-16 4,949.00 120 41.24 41.24 41.24 41.24 123.73 41.24 41.24 41.24 123.73 247.45 4,701.55 41.24 41.24 41.24 123.73
supply of labor and materials for warehouse and office f 31-Jan-16 4,938.00 120 41.15 41.15 41.15 41.15 123.45 41.15 41.15 41.15 123.45 246.90 4,691.10 41.15 41.15 41.15 123.45
Supply and installation of 2 layer shelves 120cm widt 31-May-16 1,300.00 120 10.83 10.83 10.83 10.83 32.50 10.83 10.83 10.83 32.50 65.00 1,235.00 10.83 10.83 10.83 32.50
Lease Improvements 17-Jun-16 250.00 120 2.08 2.08 2.08 2.08 6.25 2.08 2.08 2.08 6.25 12.50 237.50 2.08 2.08 2.08 6.25
Lease Improvements 13-Jun-17 14,800.00 120 123.33 - - - - 123.33 123.33 123.33 370.00
Purchase of additional materials for the canopy 30-Jun-16 150.00 120 1.25 1.25 1.25 1.25 3.75 1.25 1.25 1.25 3.75 7.50 142.50 1.25 1.25 1.25 3.75
Warehouse Toilet 26-Jul-17 3,229.00 120 26.91 - - - 3,229.00 26.91 26.91 53.82
Subtotal 55,186.00 459.88 309.64 309.64 309.64 928.93 309.64 309.64 309.64 928.93 1,857.85 38,528.15 432.97 459.88 459.88 1,352.74
Office Equip at Cost 31-Dec-15 4,500.00 48 93.75 93.75 93.75 93.75 281.25 93.75 93.75 93.75 281.25 562.50 3,937.50 93.75 93.75 93.75 281.25
Pajero Vehicle & Equip at Cost 28-Feb-16 10,500.00 48 218.75 218.75 218.75 218.75 656.25 218.75 218.75 218.75 656.25 1,312.50 9,187.50 218.75 218.75 218.75 656.25
Printer Office Equip at Cost 30-May-17 560.00 48 11.67 - 11.67 11.67 11.67 548.33 11.67 11.67 11.67 35.00
Office Equip at cost 30-Jul-16 130.00 48 2.71 2.71 2.71 2.71 8.13 2.71 2.71 2.71 8.13 16.25 113.75 2.71 2.71 2.71 8.13
Store Furniture 31-Aug-16 3,736.40 48 77.84 77.84 77.84 77.84 233.53 77.84 77.84 77.84 233.53 467.05 3,269.35 77.84 77.84 77.84 233.53
Wifi MODEM Office Equip at Cost 31-Aug-16 183.00 48 3.81 3.81 3.81 3.81 11.44 3.81 3.81 3.81 11.44 22.88 160.13 3.81 3.81 3.81 11.44
Fingerprint reader Office Equip at Cost 26-Sep-16 119.05 48 2.48 2.48 2.48 2.48 7.44 2.48 2.48 2.48 7.44 14.88 104.17 2.48 2.48 2.48 7.44
Hard drive Office Equip at Cost 19-Oct-16 351.48 48 7.32 7.32 7.32 7.32 21.97 7.32 7.32 7.32 21.97 43.94 307.55 7.32 7.32 7.32 21.97
Store Equipment Store Equipment 31-May-17 367.02 48 7.65 - 7.65 7.65 7.65 359.37 7.65 7.65 7.65 22.94
IPAD Store Equipment 26-Jul-17 368.79 48 7.68 - - - 368.79 7.68 7.68 15.37
Subtotal 20,815.74 433.66 406.67 406.67 406.67 1,220.00 406.67 406.67 425.98 1,239.31 2,459.30 18,356.44 425.98 433.66 433.66 1,293.30
TOTAL 76,001.74 - 893.54 716.31 716.31 716.31 2,148.92 716.31 716.31 735.62 2,168.23 4,317.15 56,884.59 858.95 893.54 893.54 2,646.04
Depreciation Policy:
Acquired on the 1st to 15th day of the month - Depreciable this month
Acquired on the 16th to last day of the month - Depreciable on next month
Depreciation Expense
Accumulated Net Book Depreciation Depreciation Accumulated Net Book
Depreciation Value as of Expense for Expense for Depreciation Value as of
as of 9/30/16 9/30/16 OCT NOV DEC the Quarter the Year as of 12/31/16 12/31/16
1,917.75 23,652.25 213.08 213.08 213.08 213.08 25,356.92
371.17 4,577.83 41.24 41.24 41.24 41.24 4,907.76
370.35 4,567.65 41.15 41.15 41.15 41.15 4,896.85
97.50 1,202.50 10.83 10.83 10.83 10.83 1,289.17
18.75 231.25 2.08 2.08 2.08 2.08 247.92
370.00 14,430.00 123.33 123.33 123.33 123.33 14,676.67
11.25 138.75 1.25 1.25 1.25 1.25 148.75
53.82 3,175.18 26.91 26.91 26.91 26.91 3,202.09
3,210.59 51,975.41 459.88 - - 459.88 459.88 459.88 54,726.12
843.75 3,656.25 93.75 93.75 93.75 93.75 4,406.25
1,968.75 8,531.25 218.75 218.75 218.75 218.75 10,281.25
46.67 513.33 11.67 11.67 11.67 11.67 548.33
24.38 105.63 2.71 2.71 2.71 2.71 127.29
700.58 3,035.83 77.84 77.84 77.84 77.84 3,658.56
34.31 148.69 3.81 3.81 3.81 3.81 179.19
22.32 96.73 2.48 2.48 2.48 2.48 116.57
65.90 285.58 7.32 7.32 7.32 7.32 344.16
30.58 336.44 7.65 7.65 7.65 7.65 359.37
15.37 353.42 7.68 7.68 7.68 7.68 361.11
3,752.60 17,063.14 433.66 - - 433.66 433.66 433.66 20,382.08
6,963.20 69,038.54 893.54 - - 893.54 893.54 893.54 75,108.20
Sea Holding 1
Depreciation Expense Depreciation Depreciation Expense Net Book Depreciation Expense Depreciation
Date Monthly Depreciation Accumulated
Particulars Type Depreciable Cost Useful Life Expense for Value as of Expense for
Purchased Depreciation JAN FEB MAR APR MAY JUNE Expense for Depreciation JULY AUG SEPT
the Quarter 6/30/16 the Quarter
Dili Warehouse 31-Dec-15 25,570.00 120 213.08 213.08 213.08 213.08 639.25 213.08 213.08 213.08 the Quarter
639.25 as of1,278.50
6/30/16 24,291.50 213.08 213.08 213.08 639.25
shelf Procurement and installation preconditioning at 31-Jan-16 4,949.00 120 41.24 41.24 41.24 41.24 123.73 41.24 41.24 41.24 123.73 247.45 4,701.55 41.24 41.24 41.24 123.73
supply of labor and materials for warehouse and office f 31-Jan-16 4,938.00 120 41.15 41.15 41.15 41.15 123.45 41.15 41.15 41.15 123.45 246.90 4,691.10 41.15 41.15 41.15 123.45
Supply and installation of 2 layer shelves 120cm widt 31-May-16 1,300.00 120 10.83 10.83 10.83 10.83 32.50 10.83 10.83 10.83 32.50 65.00 1,235.00 10.83 10.83 10.83 32.50
Lease Improvements 17-Jun-16 250.00 120 2.08 2.08 2.08 2.08 6.25 2.08 2.08 2.08 6.25 12.50 237.50 2.08 2.08 2.08 6.25
Lease Improvements 13-Jun-17 14,800.00 120 123.33 - - - - 123.33 123.33 123.33 370.00
Purchase of additional materials for the canopy 30-Jun-16 150.00 120 1.25 1.25 1.25 1.25 3.75 1.25 1.25 1.25 3.75 7.50 142.50 1.25 1.25 1.25 3.75
Warehouse Toilet 26-Jul-17 3,229.00 120 26.91 - - - 3,229.00 26.91 26.91 53.82
Subtotal 55,186.00 459.88 309.64 309.64 309.64 928.93 309.64 309.64 309.64 928.93 1,857.85 38,528.15 432.97 459.88 459.88 1,352.74
Office Equip at Cost 31-Dec-15 4,500.00 48 93.75 93.75 93.75 93.75 281.25 93.75 93.75 93.75 281.25 562.50 3,937.50 93.75 93.75 93.75 281.25
Pajero Vehicle & Equip at Cost 28-Feb-16 10,500.00 48 218.75 218.75 218.75 218.75 656.25 218.75 218.75 218.75 656.25 1,312.50 9,187.50 218.75 218.75 218.75 656.25
Printer Office Equip at Cost 30-May-17 560.00 48 11.67 - 11.67 11.67 11.67 548.33 11.67 11.67 11.67 35.00
Office Equip at cost 30-Jul-16 130.00 48 2.71 2.71 2.71 2.71 8.13 2.71 2.71 2.71 8.13 16.25 113.75 2.71 2.71 2.71 8.13
Store Furniture 31-Aug-16 3,736.40 48 77.84 77.84 77.84 77.84 233.53 77.84 77.84 77.84 233.53 467.05 3,269.35 77.84 77.84 77.84 233.53
Wifi MODEM Office Equip at Cost 31-Aug-16 183.00 48 3.81 3.81 3.81 3.81 11.44 3.81 3.81 3.81 11.44 22.88 160.13 3.81 3.81 3.81 11.44
Fingerprint reader Office Equip at Cost 26-Sep-16 119.05 48 2.48 2.48 2.48 2.48 7.44 2.48 2.48 2.48 7.44 14.88 104.17 2.48 2.48 2.48 7.44
Hard drive Office Equip at Cost 19-Oct-16 351.48 48 7.32 7.32 7.32 7.32 21.97 7.32 7.32 7.32 21.97 43.94 307.55 7.32 7.32 7.32 21.97
Store Equipment Store Equipment 31-May-17 367.02 48 7.65 - 7.65 7.65 7.65 359.37 7.65 7.65 7.65 22.94
IPAD Store Equipment 26-Jul-17 368.79 48 7.68 - - - 368.79 7.68 7.68 15.37
Subtotal 20,815.74 433.66 406.67 406.67 406.67 1,220.00 406.67 406.67 425.98 1,239.31 2,459.30 18,356.44 425.98 433.66 433.66 1,293.30
TOTAL 76,001.74 - 893.54 716.31 716.31 716.31 2,148.92 716.31 716.31 735.62 2,168.23 4,317.15 56,884.59 858.95 893.54 893.54 2,646.04
Depreciation Policy:
Acquired on the 1st to 15th day of the month - Depreciable this month
Acquired on the 16th to last day of the month - Depreciable on next month
1
Accumulated Net Book Depreciation Expense Depreciation Depreciation Accumulated Net Book
Depreciation Value as of Expense for Expense for Depreciation Value as of
as of 9/30/16 9/30/16 OCT NOV DEC the Quarter the Year as of 12/31/16 12/31/16
1,917.75 23,652.25 213.08 213.08 213.08 213.08 25,356.92
371.17 4,577.83 41.24 41.24 41.24 41.24 4,907.76
370.35 4,567.65 41.15 41.15 41.15 41.15 4,896.85
97.50 1,202.50 10.83 10.83 10.83 10.83 1,289.17
18.75 231.25 2.08 2.08 2.08 2.08 247.92
370.00 14,430.00 123.33 123.33 123.33 123.33 14,676.67
11.25 138.75 1.25 1.25 1.25 1.25 148.75
53.82 3,175.18 26.91 26.91 26.91 26.91 3,202.09
3,210.59 51,975.41 459.88 - - 459.88 459.88 459.88 54,726.12
843.75 3,656.25 93.75 93.75 93.75 93.75 4,406.25
1,968.75 8,531.25 218.75 218.75 218.75 218.75 10,281.25
46.67 513.33 11.67 11.67 11.67 11.67 548.33
24.38 105.63 2.71 2.71 2.71 2.71 127.29
700.58 3,035.83 77.84 77.84 77.84 77.84 3,658.56
34.31 148.69 3.81 3.81 3.81 3.81 179.19
22.32 96.73 2.48 2.48 2.48 2.48 116.57
65.90 285.58 7.32 7.32 7.32 7.32 344.16
30.58 336.44 7.65 7.65 7.65 7.65 359.37
15.37 353.42 7.68 7.68 7.68 7.68 361.11
3,752.60 17,063.14 433.66 - - 433.66 433.66 433.66 20,382.08
6,963.20 69,038.54 893.54 - - 893.54 893.54 893.54 75,108.20
