Sue McKnightDeakin University, Australiasuemck@deakin.edu.au

Collection Valuations at Deakin University

• Capital Assets• Recurrent • Depreciation• Special Collections• Impact on budget bottom line

Outline of Presentation

• Capital (physical items)• into balance sheet as Assets

• Recurrent (non-owned, leased items)

• not into balance sheet as assets

Purchases

• Calculate value of books and serials• Based on average prices / Monash Index• Value normally deemed as .5 of

average price• Added to the total Assets in balance sheet

Donations

• Written off over 10 years

• Depreciation is “below the line” otherwise we would be in huge DEFICIT

• What about Special Collections?

Depreciation

Thank You Garry @#^%$#@ …