Quote:
Originally Posted by SebC
Our balance sheet has a line for capital assets, but I'm unable to find the breakdown. My source may be mistaken, or something may have gotten "lost in translation", but I can assure you that this does not come from opposition.
And it does make some sense that when you buy something, it's cash negative but net income neutral in the short term (depreciates long term). When you buy something and give it to someone else, it's cash negative and net income negative.
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It makes sense, I don't dispute that at all. I would be very interested in seeing a breakdown of what the carrying values are for a lot of these assets. I wonder if that's available anywhere?