Author Topic: Fuel Consumption Rework  (Read 282 times)

Arianus

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Re: Fuel Consumption Rework
« on: February 14, 2020, 09:29:27 am »
Depreciation is loss in book value.
You will not lost directly your net cash income, because your airplane is loosing on it's book value. You will deprive your virtual amount of money in your books, and add then this virtual value to your expenses, which is artificially expense increase to pay lesser taxes. Nowhere is real money.
Book value =/= Cash income

And currently this heavily impacts the cash income.