How To Use Depreciation In A Sentence

The story in Romania is broadly similar, though it did receive a boost from the depreciation of the leu. Journey's End—but Not for Latest Victims
Depreciation of furniture and equipment is computed on the straight-line basis over estimated useful lives of five to ten years.
Earnings before interest, depreciation and tax doubled to 600,000. Times, Sunday Times
Kraft's offer was reportedly worth 12 times Cadbury's 2009 earnings before interest, tax, depreciation and amortisation, which is still less than similar takeovers, the UK company said. New Statesman
Unlimited life goods are typically stored at historic cost in the balance sheet and there is no depreciation.

So would a substantial depreciation of the value of the dollar. Times, Sunday Times
The recent depreciation of the pound could disrupt her plans to expand the product range. Times, Sunday Times
A sharp currency depreciation can work both by increasing the price competitiveness of British exports and by encouraging domestic consumers to switch their spending away from imports. Times, Sunday Times
A banking crisis in 2003 saw the collapse of one of the country's largest banks and 100 percent depreciation in the Dominican peso.
The owner of the asset is entitled to the tax benefits from depreciation.
Furthermore, since computers can be depreciated over a five-year period, the company is also permitted to record the expense using its regular depreciation method.
It is difficult not to wax nostalgic when gold is counterpoised to inflation, currency depreciation, exchange-rate uncertainty and chronic balance-of-payments shortfalls.
The depreciation of other currencies in Asia has also caused a substantial reduction in tourism.
-- Our net currency exchange loss of NT$ 123 million for the third quarter of 2009 was mainly due to depreciation of our US dollar denominated asset as a result of an depreciation in the foreign currency exchange rate of the US dollar against NT dollar, our reporting currency. Undefined
Second, they are allowed to deduct depreciation on the rental property, but that depreciation will be "recaptured" and taxed at up to 25% when they sell. Forbes.com: News
Why is it unlikely that depreciation will provide for replacement of the fixed asset?
The youth, one of whose names was Robin, finally drew from his pocket the half of a little province bill of five shillings, which, in the depreciation in that sort of currency, did but satisfy the ferryman's demand, with the surplus of a sexangular piece of parchment, valued at three pence. My Kinsman, Major Molineux
Likely this will also entail some depreciation of the yen as a by-product of this policy.
Likely this will also entail some depreciation of the yen as a by-product of this policy.
The depreciation of other currencies in Asia has also caused a substantial reduction in tourism.
So the new plant is recognized on the books as an asset and it is expensed over its useful life or for tax purposes according to IRS depreciation rules. Robert Creamer: What Do the Earthquake, Infrastructure and Antiquated Accounting Have to Do With Jobs?
Recently, The Treasury Department has published the draft of the assets depreciation standard.
The organisation acknowledged the tax losses will be used against any future profits and depreciation. Times, Sunday Times
The depreciation of machinery and equip merit is an important part in their management.
Inflation rates and past depreciation in the exchange rate were largely used as explanatory variables for dollarization.
As capital is withdrawn, refinancing becomes dearer, on top of which currency depreciation makes those loans more expensive to service. Times, Sunday Times
The friends of free coinage stoutly asserted that this purchase of silver bullion would not only prevent its depreciation, but would advance its market value, and thus be a gain to the government. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography.
It also ignores non-cash items such as depreciation of assets and the amortisation of acquisitions.
In this business a 10 per cent profit after depreciation is considered very good going. Times, Sunday Times
In addition to the large extent of the devaluation of the ISK, 22.42 percent depreciation of the Australian dollar, Brazilian real, won, and so on, the Mexican peso in more than 15%.
As Northeast Old Industrial Base, Dalian enjoys expanded scope of offset for VAT, and also the favorable policy on accelerated depreciation for fixed assets and intangible assets.
There is no restriction on payment of amortization of loans or depreciation of direct investments.
The answer must be that it could not since the fact of adopting depreciation accounting severs the link with finance.
As Northeast Old Industrial Base, Dalian enjoys expanded scope of offset for VAT, and also the favorable policy on accelerated depreciation for fixed assets and intangible assets.
Moreover, if you can keep your car roadworthy for ten years, then even assuming your car is worthless after that time your annual depreciation will have been just 10%.
At ten times underlying earnings before interest, tax, depreciation and amortisation it looks to be a full price. Times, Sunday Times
That jump reflected March legislation that gave corporations a generous, one-time, retroactive allowance for depreciation.
Any reduction in present value represents economic depreciation; any increase in present value represents negative economic depreciation. Principles of Corporate Finance
The company reported a 13% gain in 2009 revenue to $981 million and adjusted operating income before depreciation and amortization of $311 million for the year, which represented a 10 gain%. Multichannel News: Cable Operators
The existing provisions relating to amalgamation of companies were rationalised by relaxing the existing conditions for carry forward and set off of accumulated losses and unabsorbed depreciation.
The costs included overheads such as salaries, rents and repairs but no depreciation as all improvements were charged to the year's account.
The father was in something of a strait between the Christian dignification of marriage and its ascetic depreciation. Julia Ward Howe, 1819-1910
An analysis of the institutional politics of the tax depreciation cases also lends support to an explanation why the judiciary abjured precise definition of ‘profits’ for income tax or dividend distribution purposes.
The former is intended to compensate the host railway for depreciation of the fixed assets associated with use by other railways.
This ensures that the sum of capital allowances is equal to the real depreciation incurred.
The problem is that plainly this depreciation charge can not reflect the periodic benefits expected to accrue from using the vehicle.
The available depreciation methods consist of the straight-line method, unit of production method, double declining balance method, sum of the years digits method, etc.
Foreign exchange gains and losses consists of translation gains and/or losses of non-NT$ denominated current assets and current liabilities, as well as certain other balance sheet items which result from the appreciation or depreciation of non-NT$ currencies against the NT$. StreetInsider.com News Articles
Also important are the biases among types of investments, depending on the speed of tax vs. true economic depreciation, against corpora te (vs. noncorporate) investment, and in favor of highly leveraged assets and industries. Time to Junk the Corporate Tax
In fact, there is a real example of depreciation accounting being practised alongside payments in lieu of depreciation.
And with high initial depreciation comes good value for money for second-hand buyers. Times, Sunday Times
The bottom line will also benefit from the depreciation in the dollar and nascent signs of firmer pricing power.
In the prior year quarter, GAAP EPS included $0.28 of deal-related amortization and depreciation, $0.085 gain from the revaluation of the Patterson exclusivity fee, and $0.055 gain related to the revaluation of short-term intragroup loans. SeekingAlpha.com: Home Page
The recent depreciation of the pound could disrupt her plans to expand the product range. Times, Sunday Times
By reducing a depreciation pressure, this will ease up one of the brakes on the longer-term appreciation trend. The Truth About the Yen
But in general, be prepared for depreciation in value, in a similar way to a car. The Sun
Instead the amount of the loan reduces with the depreciation of the sum lent, commonly at the rate of 4 % per annum for five years.
In addition, the 9% depreciation in the trade-weighted dollar since February is tantamount to an easing in monetary policy.
Self-depreciation is just the other side of the coin. Look, He Made A Hat: Sondheim Talks Sondheim
Therefore it gives up a valuable depreciation tax shield. Principles of Corporate Finance
The underlying depreciation of any model is the major preoccupation of any dealer when it comes to agreeing a deal. The Sun
After subtracting the general operating costs and the depreciation from the gross profit, we arrive at the operating income.
Of the total provisions, 27.82 billion rupees was set aside against bad loans while the remainder was against the mark-to-market depreciation on its equities and bond portfolios and other regulatory provisioning requirements. State Bank of India Net Drops 46%
In computing tax due on business profits, the trader is not given any allowance for depreciation of business assets.
Many people have asked me exactly where I stand on currency depreciation.
If it were to fetch an enterprise value of £ 3 billion — the price at which analysts believe Smiths would relent — that would equate to 13 times forecasted fiscal 2011 earnings before interest, tax, depreciation and amortization. Smiths Deserves a Full Bid
The example shown here is not a selective oddity, many rebated vehicles have low depreciation.
The enlarged group will have about three times net debt to earnings before interest, tax, depreciation and amortisation. Times, Sunday Times
Depreciation accounting is simply a technique used to allocate the cost of a capital asset over its expected useful life.
The answer must be that it could not since the fact of adopting depreciation accounting severs the link with finance.
*** Gambling Galaxy Entertainment Group reiterated the early 2011 opening date for its flagship casino resort in Macau and said its third-quarter earnings before interest, taxes, depreciation and amortization more than doubled from a year earlier to 616 million Hong Kong dollars ($79.4 million) from HK$287 million. Business Watch
She can't bear the depreciation of the enemy.
Their work resulted in depreciation functions for three sizes of tractors, as well as combines, swathers, mowers, balers, planters, plows, discs, manure spreaders, and skid steer loaders.
Everlife could be worth five to seven times its EBITDA, or earnings before interest, tax, depreciation and amortisation, which is 10 billion yen, sources had told Reuters previously. Reuters: Top News
The problem is that plainly this depreciation charge can not reflect the periodic benefits expected to accrue from using the vehicle.
The policy was taken during the sharp depreciation of the rupiah against the U.S dollar.
The economic turmoil that would be inflicted on Greece could be horrendous, as a huge currency depreciation could prompt bank collapses. Times, Sunday Times
Consequently the capital service flow, or depreciation of the asset, cannot be readily determined with any precision.
* Non-operating items: -- Our net currency exchange gain of NT$ 33 million for the fourth quarter of 2009 was mainly due to depreciation of our foreign dollars denominated liabilities as a result of an appreciation of NT dollars, our reporting currency. FinanzNachrichten.de: Aktuelle Nachrichten
Answer guide: The cost associated with the depreciation of an asset is based on the historic cost of that asset.
Standards such as those on depreciation and current cost accounting are so different from current practice that it is impossible to rationalize them.
The net domestic or national product in macroeconomics is derived by deducting the value of depreciation from the estimated gross domestic or national product.
This was principally directed toward the gradual adoption of more realistic depreciation provisions.
The applicant stared; grinned at Newman Noggs, who appeared highly entertained; looked slightly round the shop, as if in depreciation of the pomatum pots and other articles of stock; took his pipe out of his mouth and gave a very loud whistle; and then put it in again, and walked out. Nicholas Nickleby
The costs included overheads such as salaries, rents and repairs but no depreciation as all improvements were charged to the year's account.
Depreciation is provided on the straight-line method over the estimated useful lives of the assets.
Residual value matters because depreciation is the largest single cost of owning a car. Cars That Lose Their Value Fastest
The recent depreciation of the pound could disrupt her plans to expand the product range. Times, Sunday Times
But it is here proposed to start silver with a large legal-tender advantage above its market value, and with the probability, through further depreciation, of increasing that advantage by which the monometallic standard of silver will be ordained and confirmed. American Eloquence, Volume 4 Studies In American Political History (1897)
In an industry famed for its confidence and self-belief, there's no room for coyness or self-depreciation.
The value of annual depreciation reduces each year under this second method which is often a better reflection of what happens to values in real life. Finance for the Non-Financial Manager
The potential depreciation of sterling arguably makes the UK more competitive from an export perspective. Times, Sunday Times
One scenario for Argentina is accelerating the depreciation of the peso to keep pace with the real, said Maria Belen Avellaneda Kantt, an analyst at the Argentine Center for International Studies. Argentina Sees Peril Next Door
The fixed costs, variable costs, the interest expense and depreciation are allowable deductions.
But for the overall health of the economy the definitive answer is this: sometimes a currency depreciation is beneficial and sometimes it isn't. Times, Sunday Times
For example, you need to decide what is a capital item, what the depreciable life is, what depreciation method to use, when to write off an asset. Government vs. Private Debt, Arnold Kling | EconLog | Library of Economics and Liberty
Within the Ministry, there had been some pressure for the explicit adoption of replacement cost depreciation conventions.
How does a depreciation of the pound sterling affect British consumers? Financial Markets, Institutions and Money
Under generally accepted accounting principles, companies may use straight-line or one of the accelerated methods of depreciation for financial accounting purposes.
Take the example of calculating an annual depreciation charge for a vehicle.
A depreciation of the dollar would make US exports cheaper and especially so in Japan.
•Depreciation of pre-flat-rate tax depreciable assets at their regular depreciation schedules. RETURN TO PROSPERITY
For this kind of simony places on a par things supernatural and things natural, things eternal and things temporal, and constitutes a sacrilegious depreciation of Divine treasures. The Catholic Encyclopedia, Volume 14: Simony-Tournon
Article 16 In calculating the depreciation of a leased asset, the lessee should adopt a depreciation policy for leased assets consistent with that for depreciable assets which are owned by the lessee.
The appeals court said a trial judge in the case "permissibly found that the claimed tax deductions are for depreciation on property Wells Fargo never expected to own or operate, interest on debt that existed only on a balance sheet, and write-offs for the costs of transactions that amounted to nothing more than tax deduction arbitrage. Court Says Wells Fargo Used Abusive Tax Shelters
With computer technology changing at an ever increasing pace, CNC controls may or may not be up grabble but, historically, take a high depreciation as new equipment replaces the old.
The great cause of the present deplorable state of English poetry is to be attributed to that absurd and systematic depreciation of Pope, in which, for the last few years, there has been a kind of epidemical concurrence. Life of Lord Byron With His Letters And Journals
There are passive and nonpassive assets, garden-variety capital assets and quasi-capital assets, metallic commodities and nonmetallic, short things and long things, plain old office buildings and office buildings with depreciation recapture. Forbes.com: News
United is likely to benefit from falling depreciation charges.
There are limits on the amount you can deduct for depreciation of your car. Christianity Today
Currency depreciation is generally an ineffective remedy because differences in income, costs and quality tend to swamp all but the largest changes in currency exchange rates. Robert Zevin: Been Down So Long ...
The tax code allows for both straight-line depreciation and an accelerated cost recovery system.
In fact, there is a real example of depreciation accounting being practised alongside payments in lieu of depreciation.
depreciation of the dollar against the yen
Why is it unlikely that depreciation will provide for replacement of the fixed asset?
But for the overall health of the economy the definitive answer is this: sometimes a currency depreciation is beneficial and sometimes it isn't. Times, Sunday Times
Taking this curious aphorism as the basis of his argument, he furthermore states his "grave apprehensions" that the withdrawal of any considerable number of militiamen from the city at this moment, when the depreciation of the currency is bearing heavily upon the masses of the people, "might tempt the lawless and evil-disposed to avail themselves of what might seem to them a favourable opportunity for arson and plunder," and for that reason "earnestly pretests against any material reduction" of the local force. Foreign and Colonial News
At the end of the year depreciation on manufacturing fixed assets was treated as an overhead cost, capitalised and included in the carrying value of closing stock and carried forward to the next year.
The resulting amount is the basis in your car that you use to figure your depreciation deduction. Christianity Today
Depreciation of sterling against the US dollar has also been a contributing factor to the decline in gross margins.
Spending on capital items and allowances for depreciation also affected the cash flow differently last year.
If you form a rapport with a retailer, the store will look after you over the years, even helping you to upgrade or trade-in watches while reducing the sting of depreciation.
How much of rental income is includable as income on your U.S. tax return, and how depreciation, maintenance expenses, operating expenses, mortgage interest, property taxes, insurance, and so forth, are allocated between personal use and rental use on you tax return, revolve around how many days the property is used for each purpose. Uncle Sam has something to say about your Mexican home
When thus, by the depreciation in consequence of the quantity of paper in circulation, wages as well as prices become exorbitant, it is soon found that the whole effect of the adulteration is a tariff on our home industry for the benefit of the countries where gold and silver circulate and maintain uniformity and moderation in prices. A Compilation of the Messages and Papers of the Presidents Volume 3, part 1: Andrew Jackson (Second Term)
SABMiller's bid values Foster's at 12.5 times current year forecast earnings before interest, tax, depreciation and amortization (EBITDA).
Companies could select among the various allowable depreciation methods and depreciate an asset over its ADR-expected life.
After three years of little or no inflation, consumer prices increased by 6.3 percent in the first six months of the year on the back of a sharp depreciation of the shekel.
Where no allowance is made for this depreciation in the calculation of investment, the resulting figure is called gross investment.
Secondly, the capital charges are to include depreciation and an interest element.
HONG KONG — Galaxy Entertainment Group Ltd. on Thursday reiterated the early 2011 opening date for its flagship casino resort in Macau and said its third-quarter earnings before interest, taxes, depreciation and amortization more than doubled from a year earlier. Galaxy Benefits From Macau Boom
Furthermore, the tax-deductible depreciation rates for new production equipment were increased.
Five-year straight-line depreciation is applied to the equipment.
It is paying nearly 11 times historic earnings before interest, taxes, depreciation and amortization, or Ebitda, at the pricier end of recent deal multiples and a premium to the 7-to-8 multiples on which L+G's nearest publicly traded rivals, Germany's Elster Group and Itron , of the U.S., trade. Toshiba's Smart Electricity-Meter Reading
Functional obsolescence----A depreciation in the value of a current product caused by the arrival of a new product that can perform the function in a superior manner.
A significant depreciation of the dollar - at least another 15-20% on a trade-weighted basis, in my view - would go along way in cracking the mold of US-centric global growth.
The year end expiration of the bonus depreciation tax benefit, which was expected to boost outlays, had no major impact.
We must provide for depreciation when calculating the costs.
Foreign exchange gains and losses consists of translation gains and / or losses of non-NT$ denominated current assets and current liabilities, as well as certain other balance sheet items which result from the appreciation or depreciation of non-NT$ currencies against the NT$. News
Depreciation is calculated to write off the cost or valuation of tangible assets other than freehold land over their estimated useful lives.
At present the Renminbi spot rate slightly has the depreciation along with US dollar bounce.
When thus, by depreciation in consequence of the quantity of paper in circulation, wages as well as prices become exorbitant, it is soon found that the whole effect of the adulteration is a tariff on our home industry for the benefit of the countries where gold and silver circulate and maintain uniformity and moderation in prices. State of the Union Address (1790-2001)
Revenue increased 9.6% to $10.22 billion from $9.32 billion and its closely-watched earnings before interest, taxes, depreciation and amortisation, adjusted for special items, was $3.97 billion, representing organic growth of 5.5%. AB InBev Boosted by Emerging Markets
The move reflects a political desire for less reliance on the dollar, as well as a need to avoid further depreciation in currency reserves. Times, Sunday Times
Article 16 In calculating the depreciation of a leased asset, the lessee should adopt a depreciation policy for leased assets consistent with that for depreciable assets which are owned by the lessee.
The answer must be that it could not since the fact of adopting depreciation accounting severs the link with finance.
I could put up with her constant caviling about which depreciation schedule to use for business equipment if she would just stay out of my personal life! Fred Nietzsche, C.P.A.
Article 16 In calculating the depreciation of a leased asset, the lessee should adopt a depreciation policy for leased assets consistent with that for depreciable assets which are owned by the lessee.
This was principally directed toward the gradual adoption of more realistic depreciation provisions.
Peanut Corp.'s earnings before any goodwill amortization or depreciation adjustment are $ 80 million.
It points out letting a home instead of leaving it empty will lessen vandalism, dilapidation and depreciation of properties.
Adding depreciation accounting to the existing system has, in the past, not been affordable.
When this is so, it does not result to edification, which is your Majesty's intent, but to depreciation of and contempt for the episcopal dignity, which requires the highest perfection. The Philippine Islands, 1493-1898 — Volume 24 of 55 1630-34 Explorations by Early Navigators, Descriptions of the Islands and Their Peoples, Their History and Records of the Catholic Missions, As Related in Contemporaneous Books and Manuscripts, Showing t
The great cause of the present deplorable state of English poetry," writes Byron, "is to be attributed to that absurd and systematic depreciation of Pope in which, for the last few years, there has been a kind of epidemical concurrence. A History of English Romanticism in the Nineteenth Century
If one country has higher inflation than its trading partners, its currency band should be lowered to facilitate a gradual depreciation of its currency.
It also ignores non-cash items such as depreciation of assets and the amortisation of acquisitions.
Changes in accounting policies are another example of something to watch for - for example, a company might decide to depreciate assets over a longer period to save on the depreciation charge.
Congress wished to prevent using depreciation to convert ordinary income into capital gains.
But capex, debt and depreciation are all going up. Times, Sunday Times
The destructive consequences attending fire in such buildings, whose iron and masonry construction is called fireproof, show that some other form of construction is necessary to obtain the desired results of minimizing the annual cost of the maintenance of the invested capital, as represented by insurance, depreciation, interest and taxation. The American Architect and Building News, Vol. 27, No. 733, January 11, 1890
Major negative influences were the continuous rise in the trade deficit and declining net investment, mainly due to the continuous rise in depreciations.
And if its depreciation charge is massively overstated its profits are massively understated.
Spending on capital items and allowances for depreciation also affected the cash flow differently last year.
Indeed, a significant part of it concerned the relevance of depreciation accounting.
Within the Ministry, there had been some pressure for the explicit adoption of replacement cost depreciation conventions.
BUSH: Part of the tax relief plan also enabled people to have what they call bonus depreciation. CNN Transcript Jul 9, 2004
There are limits on the amount you can deduct for depreciation of your car. Christianity Today
Initial stock market turmoil, currency depreciations, and oil price fluctuations are serious, but will probably stabilise in due course.
Indeed, a significant part of it concerned the relevance of depreciation accounting.
Businesses did not make explicit depreciation charges against their revenues during this period.
Within the Ministry, there had been some pressure for the explicit adoption of replacement cost depreciation conventions.
Foreign investor also because US dollar depreciation will give up to The US government's lending money.
From the standpoint of the U.S. side of the global codependency, the official purchases along with private market purchases have tended to hamper dollar depreciation.
Depreciation accounting is simply a technique used to allocate the cost of a capital asset over its expected useful life.
We can see how a currency devaluation or depreciation reduces real wages in two ways. International Finance: The markets and financial management of multinational business.
Therefore it makes sense to aim for currency depreciation. Times, Sunday Times
People are very hospitable and thanks to the depreciation of local currencies, one can enjoy luxuries there at cheap prices. Travels with Rosinante
Mr. Heyman spends most of his time delving through financial statements, looking for strong cash-flow potential that is being masked from a company's earnings performance due to accounting expenses, like depreciation of assets, that don't always reflect reality. Activist Tack Suits Value Fund
The figure is based on an average price increase of 1.66 dollars a barrel for oil and the depreciation of the peso by 33 centavos in the last quarter of 1999, according to the group.
We can see how a currency devaluation or depreciation reduces real wages in two ways. International Finance: The markets and financial management of multinational business.
But, a unique feature of U.S. international borrowing - mostly in dollar denominated assets - is that a depreciation of the dollar in fact reduces the burden of debt.
The depreciation of other currencies in Asia has also caused a substantial reduction in tourism.
In case you weren't aware, new cars take a big hit in depreciation in the first few years of ownership — a smart buyer lets someone else pay that "new car" tax. The Consumerist: February 2009 Archives
The real income which accrues to a milk producer has to be worked out after taking into account the cost of milch animal, depreciation, mortality, expenditure on the fodder, feed, health cover, etc.
It was inevitable that runaway property inflation would come to a halt but few anticipated asset depreciation in the housing market.
In the managed-floating exchange regime that Beijing operates, one would expect all these trends to lead to a currency depreciation, not the rise for which Washington clamors. The Incredible Falling Yuan
But for the overall health of the economy the definitive answer is this: sometimes a currency depreciation is beneficial and sometimes it isn't. Times, Sunday Times
Since the net savings rate has to be below 100% (simply because depreciation is non-negative), we can see that as an accounting identity, the rate of return on capital has to be bigger than the rate of growth of GDP. Social Security Privatization Debated, Arnold Kling | EconLog | Library of Economics and Liberty
An unfavorable depreciation allowance may keep the foreign investor out.
Within the Ministry, there had been some pressure for the explicit adoption of replacement cost depreciation conventions.
Currency depreciation will also inhibit the Russian capital market development, and intensified speculation.
Depreciation accounting is simply a technique used to allocate the cost of a capital asset over its expected useful life.
From the standpoint of the U.S. side of the global codependency, the official purchases along with private market purchases have tended to hamper dollar depreciation.
Companies could select among the various allowable depreciation methods and depreciate an asset over its ADR-expected life.
Unlimited life goods are typically stored at historic cost in the balance sheet and there is no depreciation.
Unlimited life goods are typically stored at historic cost in the balance sheet and there is no depreciation.
Over the entire life of the asset, however, both the straight-line method and accelerated methods recognize the same total amount of depreciation.
If you plan on selling the vehicle sometime down the road, you'll shoulder the burden of resale depreciation.
But, there are many problems in the course of processing asset depreciation, such as, lack of correlative data, difficult to make clear the net realizable value of stocked goods and so on.
On the contrary, the evidence of the postcrisis depreciation points to a more downbeat conclusion. Times, Sunday Times
Non-operating items: -- Our net currency exchange gain of NT$ 33 million for the fourth quarter of 2009 was mainly due to depreciation of our foreign dollars denominated liabilities as a result of an appreciation of NT dollars, our reporting currency. BN - Broadcast Newsroom-news

How To Use Depreciation In A Sentence

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