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6.3.2. Depreciable and Non-Depreciable Assets

The statutory useful life of various classes of assets includes the following:

  • Immovable property (including pipelines): 20 years;
  • Facilities, machinery, equipment: 10 years;
  • Ships, trains, air-crafts and other assets that qualify as movable property: 10 years;
  • Vehicles and computers: 5 years.