Deferred tax

This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.

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November 4, 2015 at 10:12 pm #280544
ayulas
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deferred tax liability isnt interest paying. is it logical to include it as part of capital employed?
pls i need clarification
November 5, 2015 at 5:58 am #280575
MikeLittle
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Quite some debate on this! Include or exclude – but be consistent. Your point about not-interest bearing adds on to the point that it isn’t represented by funding in the form of cash so exclusion is justifiable
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