As i know the free cash flow do not included Non cash item, the 10% tax allowable depreciation.
but my remember we should do $1250m-$500m then divide for 5 years so 150m * tax rate.25%= $37,5m
I was confused this issue/ Please help me.
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Q1 DEc 2013 Tax allowable depreciation issue
If it is 10% straight line, then it means it is 10% of cost each year.
In the final charge you subtract the sale proceeds from the tax written down value and the difference is a balancing charge or a balancing allowance.
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