[yongjiefeng]

Hi Sir, I know why it did not add back the tax allowable depreciation because there is taxable loss in that year. But I still want to ask that if there is a taxable loss in first year, we don’t need to add back the tax allowable depreciation in the following next years whether the loss has been carried out?

[yongjiefeng]

I am sorry sir, I found the tax allowable depreciation in the working, but it did not add back to cash flows after tax.

[yongjiefeng]

Thank you so much, John. I am clear right now. Have a good day.

[yongjiefeng]

I am sorry for that mistake, the error above should be “multiply”.

[Author]

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