Definicja deprival value

The financial loss that a public sector organization would incur if it was deprived of an asset. The loss is equivalent to the service potential or future economic benefit of the asset, that is, the additional costs incurred in providing the same public facility if the entity did not have that asset. The replacement cost under this approach represents the amount of cash necessary to obtain an equivalent or identical asset.

Public sector organizations use the deprival value when performing balance sheet revaluations. As a fixed asset owned by the government could only have value in the general market, it is impossible to determine a market value for the asset, as would occur in a private sector entity.