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  • October 11, 2018 at 4:20 pm #477375
    Avatarbrittondanny
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    Hi, totally get the provision unwind and income statement impact (thanks!) but confused by the treatment of depreciation on the £5m NCA…why would this not be depreciated on a straight line basis (£1m per year for 5 years) rather than at a discounted rate? I am assuming the Plant was not leased and was owned by the company on day 1. Any help would be much appreciated!

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