You are considering purchasing blast hole drills for a new site. You have been approached by SBSH and Komatsu with quotes for their latest 250mm blast hole drills. SBSH product has a purchase price of |10 crores and has a useful life of 10 years. Whereas, the Komatsu one has a initial purchase price of |15 crores and a useful life of 15 years. However, the maintenance cost of the SBSH equipment is |50 lakhs per year and the Komatsu has a maintenance of |30 lakhs per year. Which drill should you choose ? Assume the tax rate is 20% and discount rate for DMDC Ltd is 15%. DMDC has decided to employ Straight line method of depreciation to zero book value. SBSH drills doesn't have any salvage value, whereas the Komatsu one has a salvage value in the second hand market of 2 crores. Which option should you choose ?

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