Darwin Plant & Equipment Valuations
In the corporate world, plant and equipment (P&E) is a term used to describe the tangible assets that are vital to an organisation’s daily and long-term operations. These are machinery, tools, vehicles and a range of varying equipment used in production, manufacturing and service operations.
From large-scale machinery often used in industrial processes to smaller equipment such as tools and devices applied for certain tasks. They form a critical part of the organisation and enable owners and managers to effectively execute business operations.
As such, plant and equipment valuations are a hugely beneficial service for anyone running a business.
What are plant and equipment valuations?
A plant and equipment valuation is a comprehensive service provided by accredited valuation specialists. The valuation comes in the form of a report that:
- Definitively outlines the market value of the company’s plant and equipment.
- Provides details on depreciation, replacement cost, and remaining useful lifespan.
The report serves as definitive and legal proof of market value, and can therefore be used in a range of legal, private and business negotiations and transactions.
Who can prepare P&E valuation reports?
A P&E valuer is an accredited valuation expert registered with a professional body. The Australian Property Institute (API) assigns qualified members the status of Certified Practising Valuer (CPV) of Plant & Machinery (P&M).
A valuer known as a CPV of P&M is a plant and equipment specialist; they possess the experience and expertise needed to prepare accurate and precise plant and equipment valuation reports.
Why are P&E valuations needed?
A range of different situations call for precise plant and equipment valuations. A few of the main reasons organisations request these independent services are:
Internal accounting purposes
Updated P&E valuations provide owners with the information needed to accurately represent the current fair market value of the tangible assets for financial reporting.
Insurance purposes
Valuations provide key detail into the replacement value of machinery, vehicles and equipment for the purposes of finding the appropriate insurance coverage.
Pre-sale guidance
Understanding the existing market value of your plant and equipment is key before committing to a sale; valuation reports offer the insight needed to make an informed decision.
Replacement planning
Valuations also provide insight into the remaining useful lifespan of machines, vehicles and equipment, which ultimately allows for effective replacement planning.
Why choose us?
At Darwin Property Valuers Metro, our expert plant and equipment valuers have spent decades helping clients find the market value of machinery, equipment, vehicles, and a range of other tangible assets.
Our experience and expertise speak for themselves, and we continue to cement our status as leaders in the valuation industry. If you would like to learn more about our range of property, plant and equipment valuation services, we are only one phone call away. Don’t hesitate to reach out.