MAH 1.54% 33.0¢ macmahon holdings limited

Is real depreciation expense more than reported?, page-3

  1. 417 Posts.
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    It's possible, I'll have to take a closer look. I can tell you MAH depreciate their equipment based on usage which I'm not sure corresponds with the GAAP measure you're referring to. MAH also conducts reviews for impairment in assets I think annually as the share price is below NTA. In the most recent annual report no impairment was identified.
 
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