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MANCHESTER AGAIN EXTENDS DEPRECIATION PERIOD

10th July 1942, Page 21
10th July 1942
Page 21
Page 21, 10th July 1942 — MANCHESTER AGAIN EXTENDS DEPRECIATION PERIOD
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Which of the following most accurately describes the problem?

1N April last year, Manchester Transport Committee decided that it would continue for another year the basis of eight years, instead of 6i years, for the depreciation of its buses and, after reviewing the position, the committee has now decided that as the department's vehicles operate under good ' average conditions, the present basis should be continued for another year. The period of eight years coincides with the statutory obligation laid down by the Ministry of War Transport for the repayment of loans sanctioned for the purchase of buses.

Manchester's municipal-bus fleet now totals 974 vehicles, of which 201 are .fully depreciated on an eight years' life, and the final contribution in respect of a further 95 vehicles will be paid in the present financial year, making a total of 296 buses, 30 per cent. of the fleet, free from debt in March, 1943. Owing to the curtailment of services,

• • the number of vehicles in daily use is 778, and the average miles run per day per bus is 85.


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