In some contexts (the analysis of financial leases, for example) depreciation tax shields are treated as safe, nominal cash flows and are discounted at an aftertax borrowing or lending rate.
If you account for depreciation, public investment in western infrastructure is negative, notes Klaus-Heiner R? hl of the Cologne Institute for Economic Research.
Stripping out the impact of yuan depreciation, exports in U.S. dollar terms fell 7.3 percent year on year in October while imports slipped 1.4 percent.
In the first half of 2014—the only recent period for which results are available—it lost 50m before interest, tax, depreciation and amortisation, on revenues of 60m.
When, say, a company builds a factory, financial rules require it to spread the cost over many years based on depreciation, letting investors know the value of its assets.
" The depreciation of the euro and yen will give a much needed boost to demand in those two parts of the world, which very much need an increase in demand."
The IMF told emerging economies to prepare for the Fed's policy tightening, warning that faster rate increases could unsettle global markets, and may lead to capital outflows and currency depreciation in those countries.
But I think the main motivation of the bank was that it already owns half of Garanti, and the price of buying the other half of the bank is incredibly cheap due to the depreciation of the Turkish lira.