China s Daring Depreciation

Obsolescence and depreciation

depreciation of nonconvertible currencies.

No depreciation factor is taken into consideration.

Adjusted for depreciation of the United States dollar and price inflation, the 18.4 per cent annual increase of ODA reported for 2003 relative to 2002 falls to about a quarter of that figure.

How about an exemption for depreciation of firstclass brains, senator?

The depreciation adjustment calculated by the F3 Panel in respect of Luna Rockets incorporated an error, which amounted to an understatement in the depreciation adjustment in the amount of USD 1,719,000.

I don't think we took any depreciation on that new equipment last year.

The estimate provides for payment to the host country and to troop contributing Governments for the costs of contingent owned equipment furnished to their contingents at the request of the United Nations based on an annual depreciation rate of 10 per cent.

a A higher real exchange rate signifies a real depreciation of the local currency.

Review and forward standard format for disposal of assets and depreciation scales to the mission

Article 32 An enterprise shall set up a reserve management system for asset loss or depreciation.

Depreciation is computed using the straight line method over the estimated useful life of the asset.

The depreciation expenses have gone up to 2.02 million against the budgeted amount of 0.9 million.

depreciation polices Profit amp loss account exceptional environmental charges (e.g. for remediation, de commissioning or impairment charges)

The standards for preparing the asset loss or depreciation reserve, once determined, may not be altered at discretion.

The RMB middle price is registered at 6.4401, a depreciation of 66 basis points. The rising slows down.

Among fiscal incentives, developed countries appear to prefer accelerated depreciation and specific deductions for corporate income tax purposes.

Provision is made for reimbursement to the Government of Switzerland for depreciation costs of contingent owned medical equipment.

But the euro s depreciation is too recent to have made much difference yet. Historical evidence, not to mention Japan s experience with a falling yen, suggests that it takes several quarters, or even years, before the positive impact of currency depreciation on net exports is felt.

(4) preparing annual, semi annual and other compliance reports

While depreciation would never be eurozone officials stated policy, it currently looks like all roads lead in that direction.

The circumstances under which the depreciation expenses increased by 100 percent could not be satisfactorily explained to the Panel.

For valuation purposes, depreciation is computed using the straight line method over the estimated useful lives of the related assets.

Annual review

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ANNUAL THEME

Take the same country s current account deficit and ask how large a real depreciation is needed (making some assumptions about trade elasticities along the way) to close that external gap. If the recent real depreciation achieves that threshold, no further change in the exchange rate should be expected.

But that is logically flawed even with deflation, real purchasing power would fall, and the real value of debts would rise (debt deflation), as the real depreciation occurs. More importantly, the exit path would restore growth right away, via nominal and real depreciation, avoiding a decade long depression.

There are three options for restoring competitiveness within the eurozone, all requiring a real depreciation and none of which is viable