Foreign investment appraisal lecture

1. You would show the calculation of the tax depreciation as workings, however you were dealing with it. I think you are meaning to show the tax saving on the depreciation separately. You can do this except when a taxable loss appears (as it sometimes does in the AFM paper). In that case you need to know the tax loss so that it can be carried forward against future taxable profits. 2. In practice it could, but in the AFM exam, that possibility is always ignored :-)